The 4 Stocks That Held the DJIA Down on Thursday
June 9, 2016: Markets opened lower Thursday as a confluence of factors gave traders and investors the jitters. Korea’s central bank cut its policy rate, oil gave back some of its recent gains, and…
All Work
Paul Ausick
Mizuho Analysts Still Like Apple
Although they are cautious, Mizuho Securities the analysts maintained their Buy rating on Apple and their $120 price target.
PC Sales to Tumble 7% in 2016
Worldwide shipments of personal computers dropped about 2% year over year in 2014 and another 10% or so in 2015. This year shipments will fall another 7%.
Disruptions Cut 3.6 Million Barrels a Day from May Oil Supply
The massive wildfire in Canada, as well as disruptions in Nigeria, Libya and Iraq, cut an average of more than 3 million barrels of oil a day from the global crude supply in May.
Natural Gas Price at 8-Month High on Small Inventory Addition
The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks increased by 65 billion cubic feet for the week ending June 3.
Underwater Mortgages Highest in Nevada, Florida, Illinois
Of more than 50 million mortgaged residential properties in the United States at the end of the first quarter of 2016, approximately 4 million (8%) homeowners owe a mortgage amount greater than the value…
New US Solar Installations at Record Level in Q1
New solar-generating capacity accounted for 64% of all new electricity-generating capacity installed in the quarter.
Boeing Says It Has a Fix for Tanker Refueling Problem
At a conference on Wednesday, Boeing said it has come up with a fix to the refueling problem that has caused a delay in the delivery of the new KC-46A tanker for the U.S.…
The 52-Week Low Club for Wednesday
June 8, 2016: Here are four stocks trading with relatively heavy volume among 11 equities making new 52-week lows in Wednesday’s session. NYSE advancers led decliners by more than 2 to 1 while Nasdaq…
The 4 Stocks That Boosted the Dow Wednesday
June 8, 2016: Markets opened higher for a third straight day Wednesday boosted by rising crude oil prices and a falling dollar. An premarket jump in shares of LendingClub helped out until the opening…
Ford’s China Sales Slip 2.5% in May
Sales of Ford Motor Co. (NYSE: F) vehicles in China totaled 88,248 units, according to a company announcement made early Wednesday morning. That represents a drop of 2.5% year over year for the month.…
LendingClub Just Can’t Stop the News Flow
A rumor Wednesday morning suggested that the former CEO was interested in putting together a takeover bid for LendingClub.
Target Boosts Dividend 7%
Target announced Wednesday morning that its board has raised the retailer's quarterly dividend by about 7% to $0.60.
US Credit Card Debt to Hit $1 Trillion in 2016
Total credit card debt at the end of last year had reached $919.1 billion, and at current growth rates, should wind up 2016 at roughly $1 trillion.
Crude Oil Price Holds Gain After Inventory Report
The U.S. commercial crude inventories decreased by more than 3 million barrels last week, according to the U.S. Energy Information Administration.
Father’s Day Spending to Top $14 Billion
Americans are expected to spend more than $14 billion on Father's Days gifts this year, the highest total in the 13-year history of an annual spending survey sponsored by the National Retail Federation.
Washington DC Approves $15 Minimum Hourly Wage
The Washington, D.C., city council on Tuesday approved unanimously a measure to raise the city's minimum hourly wage to $15 by 2020.
Germany Approves Fix for 1.1 Million Volkswagen Vehicles
Germany's Federal Motor Transport Authority (KBA) has approved a plan by Volkswagen Group to modify the software in 1.1 million VW vehicles with the EA 189 two-liter TDI engines.
Mortgage Loan Rates Remain Low as Applications Rise
The latest Mortgage Bankers Association report on mortgage applications noted a week-over-week increase of more than 9% in the group's seasonally adjusted composite index for the week ending June 3.
Lululemon Earnings Hit by Higher Costs; Q2 Guidance Soft
Lululemon Athletica reported mixed first-quarter 2016 results before markets opened Wednesday morning.