April Housing Starts Jump 6.6%
The U.S. Census Bureau and the Department of Housing and Urban Development reported Tuesday morning that new housing starts in April jumped more than expected.
All Work
Paul Ausick
TJX Earnings Boosted on Store Traffic
TJX Companies reported better-than-expected first-quarter fiscal 2017 results before markets opened Tuesday morning.
Is Home Depot Guidance Too Timid?
There is a very good chance that given the expected strength in the home remodeling market in 2016 and 2017, Home Depot could be too timid in its latest forecast.
The 52-Week Low Club for Monday
May 16, 2016: Here are four stocks trading with heavy volume among 46 equities making new 52-week lows in Monday’s session. NYSE advancers led decliners by 3 to 1 while Nasdaq decliners led advancers…
The 4 Stocks That Lifted the DJIA on Monday
May 16, 2016: Markets opened higher Monday as they ignored weaker-than-expected economic data from China. The dollar strengthened early, especially against the yen, and an announcement from Goldman Sachs that the oil glut is…
EIA: June Crude Production to Fall by 113,000 Barrels a Day
The U.S. Energy Information Administration (EIA) on Monday released its May report on drilling productivity in seven key oil and gas producing regions of the U.S. Overall oil production is projected to decline by…
Data Breaches Up 24% to Date in 2016
The Identity Theft Resource Center reports that there have been 378 data breaches recorded this year and that more than 11 million records have been exposed.
Why Freeport-McMoRan Shares Leaped 10%
Gold, copper and oil producer Freeport-McMoRan Inc. (NYSE: FCX) traded as much as 10% higher Monday morning, and it is likely due to a confluence of modest improvements rather than a single big booster.…
2 More Energy Bankruptcy Filings: Breitburn and SandRidge
Since May 1, four more oil and gas exploration and production companies have sought bankruptcy protection, with two filings announced Monday morning.
Gas Prices Inch Up, but Lowest Prices in Years Due This Summer
The national average price for a gallon of regular gasoline rose 1.3 cents in the past week to $2.22. The most common price is $1.99.
May Homebuilder Confidence Unchanged
The National Association of Home Builders (NAHB)/Wells Fargo housing market index for May remained unchanged from April's reading of 58.
A New Dilemma for Boeing: Slow 787 Sales
A particular concern for Boeing surfaced after its investor day conference last week. The company is reportedly facing a short-term surplus of its 787s due to reduced leasing rates for the planes.
Southwest, Pilots Union at Odds Over Boeing 737 MAX
Boeing continues to say that the new 737-800 MAX will be available to launch customer Southwest Airlines by next May, well ahead of the earlier schedule.
Pfizer Pays $5.2 Billion for Anacor
Pfizer has announced that it has reached a definitive agreement to acquire Anacor Pharmaceuticals in a deal valued at more than $5 billion.
4 Firms on Coming Week’s IPO Calendar
Four initial public offerings (IPOs) launched last week, the busiest so far in 2016. Next week's calendar currently includes four more.
Why Analysts Are Dialing Back on Baidu Upside
When the Chinese government launched an investigation into the death of a university student who used the Baidu search engine, some analysts lowered price targets on the stock.
Why Gap Could Still Face Even More Downgrades
Particularly distressing to analysts and investors alike was Gap's failure to deliver on a promised turnaround this spring.
Does SolarCity Have Existential Risk?
SolarCity's first-quarter net loss was wider than analysts expected, but what really slammed the stock price was the company's guidance.
Warren Buffett’s Berkshire Hathaway Nears 1-Year High
Berkshire recently completed it $37 billion acquisition of Precision Castparts. But one of Berkshire Hathaway's more interesting plays recently is in the energy sector.
Why Caution Remains After Boeing Hosted Investor Day
Boeing hosted its annual investors day on Wednesday and analysts mostly responded favorably to what executives had to say.