Nomura Analysts Answer Investors’ Energy Questions
As Nomura's analysts state the case in a recent note before energy sector earnings start rolling in, energy markets are headed in the right direction now, just not in a straight line.
All Work
Paul Ausick
GM to Close 4 Plants Temporarily After Japan Earthquakes
In a brief announcement Friday morning, GM said it would begin two-week closures at four North American manufacturing plants as a result of supply chain problems caused by the recent earthquakes in Japan.
For Earth Day: 2016’s 10 Most Fuel-Efficient Cars
Earth Day seems like an appropriate time not only to look ahead to how we ought to take care of our planet, but to look back and remark on some of the progress that's…
Volkswagen Adds Big to Reserves for Emissions Scandal
On Thursday Volkswagen presented a plan to resolve complaints related to VW's emissions cheating scandal to a U.S. federal district court judge in San Francisco.
No Oil Production Cuts From Russia, Saudi Arabia
An International Energy Agency expert told CNBC on Friday that the world's two largest producers, Russia and Saudi Arabia, are expected to pump "as much oil as possible."
January Cash Home Sales Highest in Alabama, Florida, New York
In January of 2016, cash sales comprised 35.5% of all home sales, down from 39.7% in January of 2015, marking the 37th consecutive year-over-year monthly decline.
Caterpillar Earnings Meet Lowered Expectations, Guidance Drops Again
Caterpillar reported mixed first-quarter 2016 results before markets opened Friday morning.
General Electric Earnings Top Lowered Estimate
General Electric reported better-than-expected first-quarter 2016 results before markets opened Friday morning.
Schlumberger Earnings Down Nearly 60%
Schlumberger Ltd. (NYSE: SLB) reported first-quarter 2016 results after markets closed on Thursday. The oil field services firm reported adjusted diluted quarterly earnings per share (EPS) of $0.40 on revenues of $6.52 billion. In…
The 4 Stocks That Sank the Dow on Thursday
April 21, 2016: Markets opened about flat Thursday as investors and traders tried to balance remarks from European Central Bank president Mario Draghi (low rate will last longer), with falling crude oil prices, and…
Alphabet Earnings Miss, but Revenues Up
Alphabet, formerly known as Google, reported mixed first-quarter 2016 results after markets closed Thursday.
The 52-Week Low Club for Thursday
April 21, 2016: Here are four stocks trading with relatively heavy volume among 14 equities making new 52-week lows in Thursday’s session. NYSE declining stocks led advancers by nearly 2 to 1 while Nasdaq…
Las Vegas Sands Asian Revenues Plummet
Las Vegas Sands Corp. (NYSE: LVS) stock traded down nearly 12% at one time Thursday morning after the company reported revenues below consensus estimates and profits that were far below expectations. Revenues totaled $2.72…
Southwest Airlines Earnings Boost on Low Fuel Costs
When Southwest Airlines Co. (NYSE: LUV) reported first quarter results Thursday morning, the focus was on the solid earnings beat. Profits were up 13% year over year in the quarter and the company also…
More Bad News for Caterpillar Ahead of Earnings
Ahead of its earnings report, Caterpillar announced on Thursday that year-over-year retail sales for the month of March fell 13% globally and 8% in North America.
Why Newmont Shrugged Off Weak Earnings
Newmont Mining's first-quarter results included a drop of 28% in adjusted net income on approximately flat sales.
FHFA Home Price Index Rises 0.4% in February
The Federal Housing Finance Agency (FHFA) reported Thursday morning that U.S. home prices rose 0.4% month over month in February.
Natural Gas Price Ticks Down on Inventory Increase
The U.S. Energy Information Administration reported Thursday morning that U.S. natural gas stocks increased by 7 billion cubic feet for the week ending April 15.
More Than Half of Americans Planning Summer Road Trips
Road trips are back on the agenda, according to AAA. Some 55% of Americans are planning a road trip this summer to take advantage of the low gasoline prices.
SunEdison Finally Files for Bankruptcy
SunEdison announced Thursday morning that it had voluntarily filed petitions for a Chapter 11 reorganization with the bankruptcy court for the southern district of New York.