Oil Rig Count Drops by 8, Hedge Funds Keep Dumping Short Positions
In the week ended March 4, the number of rigs drilling for oil in the United States totaled 392, according to the Baker Hughes North American Rotary Rig Count.
All Work
Paul Ausick
Marijuana Price Flattens at $1,920
For the week ended Friday, March 4, the spot price index for a pound of cannabis was essentially unchanged from the prior week.
The 52-Week Low Club for Friday
March 4, 2016: Here are four stocks trading with heavy volume among 17 equities making new 52-week lows today. H&R Block Inc. (NYSE: HRB) posted a new 52-week low on Friday. Shares traded at…
The 4 Stocks That Lifted the Dow on Friday
March 4, 2016: Markets opened slightly higher on Friday then promptly sank into the red following the employment situation report for February. As traders weighed the odds of another Fed interest rate hike, equity…
Freeport-McMoRan Shares Boosted on Asset Sale
Freeport-McMoRan sold an interest in its stake in a Serbian copper project at Timok to Toronto's Lundin Mining. The deal could be worth up to $262.5 million to Freeport.
Danger Lurks in Delay of Gold Trust Share Offer
BlackRock has announced the temporary suspension of its plan to create new shares of the iShares Gold Trust until the new shares can be registered with the SEC.
Apple’s US Smartphone Rankings Rise in December
For the three-month period ending in January, Apple added to its share of the U.S. smartphone subscriber market and now leads all original equipment manufacturers.
Safety Agency Investigates Braking Issue on 420,000 Ford F-150 Pickups
The National Highway Traffic Safety Administration Office of Defects Investigation has begun a preliminary evaluation of allegations of leaking brake fluid in 2013 and 2014 Ford F-150 pickups.
Airbus Showing Competitor to Boeing 777X: Reuters
Reuters reports that Airbus is talking to potential customers for a new twin-engine, dual-aisle wide-body jet to compete with Boeing's 777-9.
Why SunEdison Stock Bounced Higher Friday
No one can deny that SunEdison has failed to provide more than its share of excitement since last summer.
Staples Earnings, Revenues Miss Estimates
Staples reported disappointing fourth-quarter and full-year 2015 results before markets opened Friday morning.
The 52-Week Low Club for Thursday
March 3, 2016: Here are four stocks trading with heavy volume among 17 equities making new 52-week lows today. Volume was on the light side again today. Ciena Corp. (NYSE: CIEN) posted a new…
The 4 Stocks That Boosted the DJIA on Thursday
ThinkstockMarch 3, 2016: Markets opened lower on Thursday as the dollar sank against the euro after a weak report on factory orders and a slowdown in the ISM services index. The healthcare and tech…
Top US Wireless Carriers in 2015 Q4
Researchers at Strategy Analytics have put together a ranking of the top eight U.S. wireless carriers in the fourth quarter of 2015 based on a variety of metrics.
2016 Data Breaches Expose 1.8 Million Records
The Identity Theft Resource Center says that there has been a total of 110 data breaches recorded through March 1, 2016, and that nearly 1.8 million records have been exposed.
Natural Gas Price Rises but So Does Storage Level
The U.S. Energy Information Administration reported Thursday morning that U.S. natural gas stocks decreased more than expected for the week ending February 26.
Boeing Downgraded on 777 Production Cut, Lower Price for Used Models
Analyst Ken Herbert at Canaccord Genuity lowered his rating on Boeing Thursday morning from Buy to Hold and also lowered the firm's price target on the stock.
Fuel Economy Rating Unchanged in February
Compared with October 2007, fuel economy ratings on new cars sold has improved by five miles per gallon, or more than 24%.
Joy Global Loss Grows on Weak Commodity Prices
Mining equipment maker Joy Global Inc. (NYSE: JOY) reported mixed first-quarter 2016 results before markets opened Thursday morning.
How Will Costco Make Up for Disappointing Earnings?
Costco Wholesale reported disappointing second-quarter fiscal 2016 results after markets closed on Wednesday.