The 52-Week Low Club for Tuesday
May 31, 2016: Here are four stocks trading with relatively heavy volume among 14 equities making new 52-week lows in Tuesday’s session. NYSE advancers led decliners by about 5 to 4 while Nasdaq advancers…
All Work
Paul Ausick
The 4 Stocks That Sank the Dow on Tuesday
May 31, 2016: Markets opened higher Tuesday but only the Nasdaq Composite was able to hold above the break-even line in time for the closing bell. Only the counter-cyclical telecom and utilities sectors were…
Of 9 Million College Students, 1.2 Million Drink Alcohol on Any Given Day
According to a new federal study, 1.2 million full-time U.S. college students out of a total population of 9 million had an alcoholic beverage on an average day and nearly 240,000 part-time college students…
How Analysts View Michael Kors Before Earnings
Michael Kors is scheduled to report fiscal fourth-quarter results before Wednesday's opening bell.
Gas Prices Near $3 in California
Of the 20 U.S. cities where gas prices are highest, 17 are in California. Over 13 million people who can expect to be among the first in the country to $3 for a gallon…
Why Cliffs Stock Soared 40% Tuesday
Cliffs Natural Resources announced Tuesday morning that it has signed a 10-year agreement with the U.S. division of ArcelorMittal to supply iron ore pellets to the steelmaker's U.S. plants.
March Home Prices Rise Most in Portland, Seattle, Denver
In all 20 U.S. cities included in the S&P/Case-Shiller home price index, March house prices increased year over year, and all 20 also posted a month-over-month increase. Portland (up 12.3%), Seattle (up 10.8%) and…
April Air Cargo Volume Rises
Air cargo volume increased by 2.5% year over year in April, but the improvement may have been less stellar than it appeared.
Jazz Pharma Pays $1.5 Billion for Celator
Jazz Pharmaceuticals announced Tuesday morning that it has reached a definitive agreement to acquire Celator Pharmaceuticals for about $1.5 billion.
Medtronic Beats Estimates, Provides Solid Guidance
Medical device maker Medtronic reported fourth-quarter and fiscal-year 2016 results before U.S. markets opened Tuesday morning.
Volkswagen Group Gets Profit Boost, but VW Car Profits Plunge 86%
Following a dismal 2015, Volkswagen reported Tuesday morning that the company posted an adjusted operating profit of €3.4 billion on global sales of €51 billion in the first quarter of 2016.
2 New Biotechs on IPO Calendar This Week
The number of initial public offerings (IPOs) in 2016 grew by five last week, with a food distribution company leading the way.
Why a Boeing 777-9X Costs $400 Million
With fuel prices at current lows, there is less incentive for the airlines to take delivery of new, more fuel-efficient models. Lease extensions remain very strong, and that is not expected to change in…
Airbus Reaffirms Delivery Targets, Changes Accounting for A380
At its annual media briefing Monday in Hamburg, Airbus stuck with its 2016 delivery estimates for its A320neo and A350 aircraft, even though first-quarter deliveries put the company in a pretty large hole.
Trump’s Mistake: 9 Counties Running Out of Water
Unlike several past winters, this last one was relatively wet in California, relieving drought conditions in the northern part of the state and allowing the state to lift some of water restrictions.
California Drought Covers 61% of State, as Trump Denies It
Donald Trump told an audience in Fresno, Calif., Friday that "there is no drought" and that the state has "a water problem that is so insane."
Marijuana News Roundup: Ohio State Senate OKs Medical Marijuana Bill
Supporters of a November ballot initiative to legalize medical marijuana in Ohio have suspended their efforts after the state senate approved legislation last Wednesday that accomplishes much the same thing. The Marijuana Policy Project…
Why Is Amazon Cutting Prices Up to 75%?
Retailers have to move inventory at a good clip in order not to get stuck with a bunch of stuff they can't sell because it has passed its sell-by date for some reason.
Temperatures Rise Above 110 Degrees in India and Algeria
Saturday morning, the city of Ramgundam, India, recorded a temperature of 114.8°F, tied with a town in Algeria for the day's highest temperature in the world.
Boeing Shares Down 10% This Year
For the first quarter of 2016, the worst performing stock in the Dow Jones Industrial Index was Boeing Co. (NYSE: BA), down 12.2%. In the first two months of the second quarter, the shares…