Baker Hughes to Receive $3.5 Billion Breakup Fee From Halliburton
The second- and third-largest oilfield services companies in the world officially ended their merger agreement late Sunday.
All Work
Paul Ausick
IPO Calendar Lists 4 Biotechs for Coming Week
Three initial public offerings (IPOs) went off as scheduled last week and four are on the calendar for the coming week. All four of the prospective IPOs are healthcare companies. Last week’s new offerings…
Why and How Much Analysts Are Warming Back Up to National Oilwell Varco
National Oilwell Varco cut its dividend to conserve capital and fired 6,000 workers in the first quarter with plans to shave even more later this year.
Analysts Making Moves on Ford
Ford reported very good first-quarter results last week, including a pretax profit that was the highest in the company's 113-year history.
How Analysts Reacted to Boeing Q1 Earnings
The first-quarter report from Boeing was better than expected, despite more charges against the Air Force tanker and 747 programs.
How Analysts Are Treating First Solar After Earnings
In addition to posting a big miss on revenues, First Solar said that CEO Jim Hughes is leaving the company and being replaced by CFO Mark Widmar.
Did Molina Healthcare’s Future Just Get Compromised?
Molina Healthcare to a real beating after reporting a bad miss on first-quarter earnings. The stock was down nearly 20% on Friday.
Why Did Amazon Cut Kindle Prices by 25%
Mother’s Day is next Sunday, May 8th, and Amazon.com Inc. (NASDAQ: AMZN) is offering a 6-inch Kindle e-reader with a glare-free touchscreen display and WiFi connectivity for $59.99, a discount of 25% from the…
Rent in Expensive Cities Drops
The median May rent for a 2-bedroom apartment in the top 100 U.S. cities is $1,300 a month. In San Francisco, a 2-bedroom apartment will set you back $4,690 a month while New York…
Marijuana Weekly News Roundup
Walgreens Boots Alliance Inc. (NASDAQ: WBA) is the world’s largest drug store chain and promises to grow even larger if its proposed merger with Rite Aid Inc. (NYSE: RAD) is completed. That’s why a…
10 Things Amazon Sells for Under $10
One reason Amazon.com is so successful is that a customer can buy just about anything from the company or one of its resellers.
Intel Is Worst Performing Dow Stock of 2016, Down 12%
Apparently laying off thousands of employees, which usually makes investors happy because it lowers costs and improves profits, is having the contrary effect on Intel stock.
Oil Rig Count Drops by 11, Hedge Funds Still Exiting Short Positions
In the week ended April 29, the number of rigs drilling for oil in the United States dropped to 332, according to the Baker Hughes North American Rotary Rig Count.
Marijuana Price Slips to $1,988
For the week ended Friday, April 29, the spot price index for a pound of cannabis dropped less than 1% while the simple average price for a gram remained essentially flat.
The 52-Week Low Club for Friday
April 29, 2016: Here are four stocks trading with relatively heavy volume among 28 equities making new 52-week lows in Friday’s session. NYSE decliners led advancers by about 5 to 4 while Nasdaq decliners…
The 4 Stocks That Weighed on the DJIA Friday
April 29, 2016: Markets opened lower Friday with healthcare and tech stocks taking the brunt of the punishment. This morning’s report on PCE inflation showed inflation lower in April than in March and still…
Oil Markets: Driven by Fundamentals or Speculation?
Brent crude oil for July delivery traded as high as $48.29 on Friday before dropping to below $47 a barrel.
Consumer Sentiment at 7-Month Low
The Thomson Reuters/University of Michigan Consumer Sentiment Index has slipped from a March reading of 91 to an April reading of 89.
US Worker Pay Growing Faster Than Inflation, but Still Slow
Inflation remains well short of the Federal Reserve's 2% target, and combined with a first-quarter total compensation increase of 1.9% indicates that U.S. workers are earning enough to cover higher costs.
Did Symantec Just Become That Much More Complicated?
Symantec CEO Michael Brown's resignation was something of a surprise, but the cuts to both revenue and earnings guidance probably were not.