Did a Wal-Mart Turnaround Just Build Up Some Steam?
Wal-Mart Stores reported better-than-expected first-quarter fiscal 2017 results before markets opened Thursday morning.
All Work
Paul Ausick
American Eagle Outfitters Posts Strong Results on Margin Gains
American Eagle Outfitters Inc. (NYSE: AEO) reported first fiscal quarter 2016 results after markets closed Wednesday afternoon. The specialty retailer reported diluted earnings per share (EPS) of $0.22 and $749 million in revenues. In…
The 52-Week Low Club for Wednesday
May 18, 2016: Here are four stocks trading with heavy volume among 66 equities making new 52-week lows in Wednesday’s session. NYSE decliners led advancers by about 2 to 1 while Nasdaq advancers led…
The 4 Stocks That Weighed on the Dow Wednesday
May 18, 2016: Markets opened lower again Wednesday following the lead of both Asian and European markets. Both a strengthening dollar and an unexpected inventory build in U.S. crude oil stockpiles were not enough…
Saudi Arabia May Begin Paying Bills with IOUs
The Kingdom of Saudi Arabia is reportedly considering using IOUs to pay vendors with the goal of conserving cash. Payments would include some cash and some bond-like paper (commonly called an IOU because that’s…
US Steel Tariffs Rise 500% on Chinese Exports
The U.S. Department of Commerce on Tuesday ruled that imports of cold-rolled steel from China will be subject to a maximum 266% anti-dumping duty plus a 256% anti-subsidy duty.
How Much Does a Boeing 787 Really Cost?
The real question related to buying a new passenger jet is not how much the plane costs, but how big a discount can the buyer expect. The answer, as always, is, "It depends."
Crude Oil Price Slumps on Surprise Inventory Increase
The EIA weekly petroleum status report noted that U.S. commercial crude inventories increased by 1.4 million barrels last week.
Why Michigan Effort to Legalize Marijuana May Stall
Supporters of an initiative to legalize recreational use of marijuana in Michigan have until June 1 to submit the required valid voter signatures that would put the measure on the state's November ballot.
Andersons Rejects $1 Billion Buyout From Falcone
On Wednesday, grain handler and ethanol maker Andersons rejected a $1 billion buyout offer from HC2 Holdings, which is run by Philip Falcone.
Staples Earnings Better Than Expected, but Sales, Profits Fall
Staples reported better-than-expected first-quarter 2016 results before markets opened Wednesday morning.
Lowe’s Raises EPS Guidance Following Solid Q1 Earnings
Lowe's reported better-than-expected first-quarter 2016 results before markets opened Wednesday morning.
Mortgage Loan Rates Steady Near 3-Year Low
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 13.
The 52-Week Low Club for Tuesday
May 17, 2016: Here are four stocks trading with heavy volume among 71 equities making new 52-week lows in Tuesday’s session. NYSE decliners led advancers by about 2 to 1 while Nasdaq decliners led…
The 4 Stocks That Sank the Down on Tuesday
May 17, 2016: Markets opened lower Tuesday following a higher-than-expected consumer price index (CPI) reading. Housing starts came in a bit below expectations. European markets traded lower, offsetting earlier gains in Asia. The only…
Social Responsibility Campaigns More Attractive to Car Buyers
The good news for automakers is that 62% of car buyers say that they are more likely to purchase a vehicle brand if that brand is promoting a social good campaign. The bad news…
Starbucks Issues $500 Million Note for Sustainability Projects
Starbucks on Monday announced that it had closed what it said it is the first corporate sustainability bond issued in the United States.
Will Corvex Be Able to Find a Buyer for Pandora?
Activist investor fund Corvex Management has acquired a nearly 10% stake in internet radio company Pandora Media and immediately called for a sale of the company.
Summer Road Trips Cheapest Since 2005
If you've delayed taking a road trip due to the cost of fuel, you might not want to wait any longer. The only thing to be wary of is the crowd.
Is George Soros Betting on Gold or Gold Bugs?
Billionaire investor George Soros reported Monday that his investment company has taken large positions in gold stocks, even as other big-time investors sell.