Oil Rig Count Drops by 10, Hedge Funds Go Short Again
In the week ended April 1, the number of rigs drilling for oil in the United States fell to 362, according to the Baker Hughes North American Rotary Rig Count.
All Work
Paul Ausick
Marijuana Price Jumps 3.5% to $1,971
For the week ended Friday, April 1, the spot price index for a pound of cannabis rose more than 3% to $1,971, according to Cannabis Benchmarks.
The 52-Week Low Club for Friday
April 1, 2016: Here are four stocks trading with relatively heavy volume among 18 equities making new 52-week lows in Friday’s session. Volume was light again Friday with advancers trailing losers by 4 points…
The 4 Stocks That Lifted the DJIA on Friday
ThinkstockApril 1, 2016: Markets opened lower on Friday following the monthly employment report from the Bureau of Labor Statistics. The unemployment rate ticked up to 5% and job growth was slightly below estimates. The…
New Construction Spending Slides in February
The U.S. Census Bureau reported Friday morning that construction spending in February slipped to an estimated seasonally adjusted annual rate of $1.144 trillion.
Ford F-Series Dominates March Pickup Sales
The Detroit Three automakers' stocks were getting kicked around Friday morning after reporting monthly sales for March that were short of the totals that analysts expected.
GM March Sales Inch Higher
General Motors total March U.S. sales of more than 252,00 vehicles fell short of the forecast from Edmunds.
Chrysler March Sales Up 8%, Not Enough for Investors
Year over year, sales rose 8% at Fiat Chrysler Automobiles in March, the company's best March sales level in 10 years.
Pickups Boost Ford March Sales by 8%
Ford on Tuesday reported a U.S. sales increase of 8% year over year in March, boosted by strong demand for pickup trucks.
Army Landing Craft Contract Out to Bid in the Next Few Weeks
Competition to supply a new landing craft for the U.S. Army was supposed to begin last year. A request for proposals is expected to be issued within the next few weeks, according to Defense…
Wal-Mart Sells Apple, Samsung at Big Discounts
It didn't take long for the price of the new Apple iPhone SE to drop. In fact, every iPhone model will be available at Wal-Mart stores for $100 off the regular price until the…
BlackBerry Earnings Hammered by Tumbling Revenues
BlackBerry reported fourth-quarter and full-year 2016 earnings before markets opened Friday morning.
The 52-Week Low Club for Thursday
March 31, 2016: Here are four stocks trading with relatively heavy volume among 13 equities making new 52-week lows in Thursday’s session. Volume was light again today although 138 NYSE stocks posted new 52-week…
The 4 Stocks That Weighed Down the DJIA on Thursday
March 31, 2016: Markets opened higher again on Thursday but only the Nasdaq Composite was able to hold on for a modest gain on the day. The only sector to trade higher for the…
20% of S&P 500 Have Negative Guidance for Q1
As of Thursday morning, a total of 94 S&P 500 companies have issued negative guidance for the first quarter of 2016.
How Important Is the Model 3 to Tesla Motors?
The Model 3 may be the most important car in the Tesla stable, and more than a few people wonder if it can beat back challenges from traditional carmakers like GM.
Q1 Gas Prices at 12-Year Low: AAA
U.S. drivers paid less for gasoline in the first quarter of 2016 than at any time in the past 12 years, according to AAA.
Natural Gas Price Ticks Lower After Inventory Report
The U.S. Energy Information Administration reported Thursday morning that U.S. natural gas stocks decreased more than expected for the week ending March 25.
GE Claims Financial Business Now Small Enough to Fail
General Electric wants GE Capital, its financial arm, to be removed from the Federal Reserve's list of systemically important financial institutions, to which it was added in July 2013.
March Job Cuts Rise 32%
According to Challenger, Gray & Christmas, layoffs in March were nearly 22% lower than in February, but nearly 32% higher than a year ago.