Mobile Payment Service CurrentC Could Be Finished
MCX last week announced that it is suspending its beta-testing of the CurrentC mobile app in Columbus, Ohio, on June 28 and postponing further releases of the product.
All Work
Paul Ausick
Hanesbrands CEO Hands Reins to COO
The change at the top of Hanes was part of the company's leadership succession plan and has been approved by the company's board.
SAIC Beats Estimates as Scitor Revenues Top Rising Costs
SAIC reported better-than-expected first-quarter 2017 results before markets opened Monday morning, due in part to its Scitor acquisition.
Gun Stocks Trading Up After Orlando Terrorist Attack
The tragic killing of 50 people at an Orlando, Florida, nightclub is having a predictable effect Monday on the stocks of gunmakers.
OPEC Sees Continued Declines in Non-OPEC Crude Supply
In its Monthly Oil Market Report for June, released Monday morning, OPEC noted that its price for its reference basket rose by more than 14% in May.
2 IPOs on Calendar for This Week
Both initial public offerings (IPOs) scheduled for last week entered the public markets, but the results were less than exciting. Three more are on the calendar for the coming week, including an IPO for…
Marijuana News Roundup: Colorado Sales Top $117 Million in April
Sales of cannabis flower, edibles, and concentrates reached $117.4 million in April, up nearly 60% year over year and the highest monthly total recorded since sales of legal recreational marijuana started in 2014. In…
Why Does Best Buy Offer Discounts for Father’s Day?
Best Buy needs a boost in revenues, and holiday promotions are one way to try to achieve that. Father's Day promotions on electronics include a number of TVs, computers, cameras, and other gear.
Oil Rig Count Rose by 3 Last Week, Some Hedge Funds Going Very Long
In the week ended June 10, the number of rigs drilling for oil in the United States totaled 328, according to the Baker Hughes North American Rotary Rig Count.
Marijuana Price Slips to $2,023
For the week ended June 10, the spot price index for a pound of cannabis decreased 3% from the prior week, and the simple average price for a gram was $4.90.
The 52-Week Low Club for Friday
June 10, 2016: Here are four stocks trading with relatively heavy volume among 44 equities making new 52-week lows in Friday’s session. NYSE decliners led advancers by nearly 4 to 1 while Nasdaq decliners…
The 4 Stocks That Sank the DJIA on Friday
June 10, 2016: Markets opened lower again Friday as a stronger dollar weighed on energy prices and lower bond yields were more the focus of traders’ attention. Only the telecom sector traded in the…
US Diesel Fleet Up by 330,000 in 2015
There were 7.7 million diesel-powered passenger vehicles on U.S. roads at the end of 2015, according to the Diesel Technology Forum.
JetBlue Cuts Growth Estimates as Fuel Costs Outpace Revenue Growth
Low-cost carrier JetBlue Airways announced its May traffic results Friday morning, and the report weighed heavily on the stock.
Cliffs to Natural Resources Restart Minnesota Mine 2 Months Early
Cliffs Natural Resources announced Thursday that it will reopen its United Taconite mine north of Duluth, Minnesota, in August, two months ahead of its previously announced October reopening.
Antero Raises $762 Million to Acquire Marcellus Acreage
Independent oil and gas producer Antero Resources has priced an underwritten secondary stock offering of more than 26 million shares to raise gross proceeds of approximately $762 million.
Early Estimate on Back-to-School Sales Sees Rise of 2.6%
Even though the school year has barely ended, retailers are already gearing up for the second most popular shopping season of the year.
Short Interest in 3D Printing Stocks Rises as HP Enters the Market
Short interest during the two-week period ending May 31 rose on three of four 3D printing stocks we follow.
Short Sellers Waver on Solar, Alt Energy Stocks
Short interest moves among solar and alternative energy stocks were mixed during the two-week reporting period that ended on May 31.
The 52-Week Low Club for Thursday
June 9, 2016: Here are four stocks trading with relatively heavy volume among 18 equities making new 52-week lows in Thursday’s session. NYSE decliners led advancers by about 3 to 2 while Nasdaq decliners…