3M Tells Investors, Analysts 5-Year Goals, Confirms Guidance
At an investors and analyst meeting Tuesday morning in St. Paul, Minn., 3M's CEO Inge G. Thulin will outline the company's plan through 2020.
All Work
Paul Ausick
Lennar Earnings Beat Estimates With More Sales, Higher Prices
Lennar reported better-than-expected first-quarter fiscal 2016 results before markets opened Tuesday morning.
The 52-Week Low Club for Monday
March 28, 2016: Here are four stocks trading with relatively heavy volume among 36 equities making new 52-week lows in Monday’s session. Portola Pharmaceuticals Inc. (NASDAQ: PTLA) posted a new 52-week low on Monday. Shares…
The 4 Stocks That Held The Dow Up on Monday
March 28, 2016: Markets opened higher on Monday after the three-day weekend and an early morning report on personal spending. The PCE index excluding food and energy rose 0.1% which was less than expected.…
Starwood Gets Sweetened Bid From Chinese Buyers
A Chinese consortium has raised its bid for Starwood Hotels and Resorts to an offer that appears to be superior to last week's offer from Marriott International.
March New Car Sales Forecasts at Record Levels
Total new car sales for the month of March are expected to reach 1.66 million units, the highest March total since 2000 and the sixth highest total for any month since at least 1989.
Best Savers in the US? Millennials
The United States is not a nation of savers on the same scale as countries like Japan. where the personal savings rate is around 24%. But if the millennial generation keeps up its savings…
February Pending Home Sales Jump 3.5%
The National Association of Realtors has released its data on pending sales of existing homes for February.
Gas Prices Likely to Rise Until Memorial Day
The average price across the United States for a gallon of gasoline last week rose more than five cents, according to GasBuddy.
Avon Dodges Proxy Fight
Avon Products announced Monday morning that it has reached an agreement with Barington Capital Group and a group of investors that will put an end to a threatened proxy fight.
Complaint Alleges Verizon Overcharges New York for Landline Costs
A consumer watchdog group has alleged that Verizon Communications has overcharged the company's landline subscribers by manipulating utility construction budgets.
US 2015 Recorded Music Sales Total $7 Billion on Streaming Growth
Revenues from streaming music became the single largest component of U.S. recorded music industry sales in 2015, accounting for more than a third of all recorded music sales.
Americans’ Debt Is Getting Gray Hair
By now it’s an accepted fact that millennials have so much student loan debt that they can’t and don’t want to borrow more. Unlike most accepted facts, this appears pretty much to be true.…
First Quarter IPOs Worst Since 2009
The month of March yielded 5 initial public offerings (IPOs), not a magnificent total, but more than half of all IPOs in the first quarter. After all, there have been just 8 new public…
Marijuana Weekly News Roundup
The Associated Press and the National Opinion Research Center (NORC) at the University of Chicago last week released results of a new survey showing that 61% of Americans support marijuana legalization, a record high…
Boeing Gets OK to Sell 9 Spy Planes to Britain
Pentagon brass have approved the sale of nine of Boeing's P-8A Poseidon surveillance planes to the United Kingdom.
Goldman Collapses 15%, Poorest Dow Performer in 2016
For the year to date, shares in Goldman Sachs trade down about 15% and are the worst performers among the 30 stocks that comprise the Dow Jones Industrial Avenue.
Verizon Rises 16% to Lead Dow in 2016
While the Dow Jones Industrial Average is barely up for the year, Verizon Communications has seen its shares rise almost 16%, the best among the 30 stocks that comprise the index.
Oil Rig Count Dives by 15, Hedge Funds Massively Long
In the week ended March 24, the number of rigs drilling for oil in the United States fell to 372, according to the Baker Hughes North American Rotary Rig Count.
Marijuana Price Ticks Up to $1,904
For the week ended Friday, March 25, the spot price index for a pound of cannabis rose fractionally to $1,904, according to Cannabis Benchmarks.