Crude Oil Price Narrows Daily Loss After Inventory Report
U.S. commercial crude inventories decreased by 1.4 million barrels last week, maintaining a total U.S. commercial crude inventory of 535.7 million barrels.
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Paul Ausick
Natural Gas Price Ticks Up Following Storage Report
The U.S. Energy Information Administration reported Thursday morning that U.S. natural gas stocks increased less than expected for the week ending May 27.
Why Merrill Lynch Is Dumping Exxon Mobil to Favor Yield
Merrill Lynch analyst Doug Leggate has shifted his focus from top dividend payers among this group to "yield" stocks.
Ciena Earnings, Revenues Clear a Low Bar
Ciena reported better-than-expected second-quarter fiscal 2016 results before markets opened Thursday morning.
Summer Driving Season ‘100 Deadliest Days’ for Teens
AAA calls the summer driving season that begins with the Memorial Day weekend the "100 Deadliest Days" for teen drivers.
May Same-Store Sales Could Clear a Low Bar
Retailers are announcing May U.S. same-store sales figures Thursday morning. Research firm Retail Metrics had forecast a year-over-year decrease of 0.5% for the month.
Joy Global Continues to Struggle, but Posts Surprise Earnings Beat
Joy Global reported mixed second-quarter 2016 results before markets opened Thursday morning.
The 52-Week Low Club for Wednesday
June 1, 2016: Here are four stocks trading with relatively heavy volume among 18 equities making new 52-week lows in Wednesday’s session. NYSE advancers led decliners by about 2 to 1 while Nasdaq advancers…
The 4 Stocks That Buoyed the Dow Wednesday
June 1, 2016: Markets opened lower Wednesday and by mid-morning had reached a state of the wobbles around the break-even line that lasted for most of the rest of the day. The consumer staples…
June Beige Book Notes Rising Wages
U.S. economic activity expanded at least slightly in eight Federal Reserve districts according to the latest version of the Beige Book released Wednesday afternoon. Chicago and Kansas City reported that growth slowed, while Dallas reported…
Under Armour Is Not Sports Authority’s Only Victim
The bankruptcy and liquidation of Sports Authority has probably had more impact on the sporting goods market that anything the company has done recently.
Ford F-Series Claims 40% of May Pickup Sales
So far in 2016, April has not been the cruelest month. That distinction belongs to May.
New Construction Spending Falls Nearly 2% in April
The U.S. Census Bureau reported Wednesday morning that construction spending in April dipped by 1.8% to an estimated seasonally adjusted annual rate of about $1.134 trillion.
Sales Dive 18% for GM in May
GM's best-selling vehicle in the month was the Chevy Silverado pickup, which saw a year-over-year sales decrease of more than 12%.
F-Series Sales Can’t Prop Up Ford May Sales
Ford on Wednesday reported a U.S. sales decrease of 6% in May, even though sales of best-selling F-Series pickups rose 9%.
Jeep Sales Rise 14% in May Leading Chrysler to 1% Increase
Year over year, sales rose 1% at Fiat Chrysler in May to more than 204,000 units, the company's best May sales level in 11 years.
15 US Cities at Greatest Risk From Storm Surges
CoreLogic on Wednesday released its 2016 Storm Surge Report, which includes its latest analysis of the potential for damage from hurricane-caused storm surge along the Atlantic or Gulf coasts.
Michael Kors Beats Estimates, Offers Weak Forecast
Michael Kors reported fiscal 2016 fourth-quarter and full-year results before markets opened Wednesday morning.
Mortgage Loan Rates Volatile as Applications Decline
The latest Mortgage Bankers Association report on mortgage applications noted a week-over-week decrease in the group's seasonally adjusted composite index for the week ending May 27.
Of 9 Million College Students, More than 700,000 Use Marijuana on Any Given Day
According to a new federal study, 703,759 full-time U.S. college students out of a total population of 9 million used marijuana on an average day and about 195,000 part-time college students out of 2…