Little Upside Seen in February Retail Sales
Retailers are announcing February U.S. same-store sales figures Thursday morning, and research firm Retail Metrics had forecast a year-over-year increase of just 0.1% for the month.
All Work
Paul Ausick
Vivint Solar Tanks as SunEdison Financing Wavers
Shares of Vivint Solar Inc. (NYSE: VSLR) sank Wednesday following a report that banks that had committed to financing Vivint’s $2 billion buyout by SunEdison Inc. (NYSE: SUNE) were having second thoughts about the…
The 52-Week Low Club for Wednesday
March 2, 2016: Here are four stocks trading with heavy volume among 19 equities making new 52-week lows today. Teekay Tankers Ltd. (NYSE: TNK) dropped about 6.4% on Wednesday to post a new 52-week…
The 4 Stocks That Held The DJIA in Balance Tuesday
March 2, 2016: Markets opened lower on Wednesday after ADP’s employment number rose more than expected, which pushed equity prices lowers as some investors believe the Fed will raise rates more quickly if employment…
March Beige Book Offers Gray Image of US Economy
U.S. economic activity expanded at least slightly in 7 Federal Reserve districts according to the latest version of the Beige Book released Wednesday afternoon. Two Fed districts characterized growth as mixed, another two said…
Does the Pentagon Really Need a New Rare Earths Source?
A company called Texas Rare Earth Resources has located a source of rare earth minerals in Hudspeth County, Texas, about 85 miles southeast of El Paso.
Where Do People Spend More: Wal-Mart, Costco or Whole Foods?
A recent analysis by researchers at Perfect Price combed through billions of credit card transactions to find out how much shoppers actually spend on groceries when they buy at these stores.
Maryland, Connecticut, Florida Top States for December Distressed Home Sales
U.S. sales of distressed homes totaled more than 10% of all homes sold in December of 2015, according to CoreLogic.
Exxon Affirms 25% Capex Cut for 2016
At an analysts meeting in New York Wednesday, Exxon Mobil CEO Rex Tillerson reiterated that the company's capital spending budget for 2016 will be $23 billion.
Crude Oil Price Tumbles on Massive Inventory Build
The commercial crude inventory stands at historically high levels for this time of year. according to the EIA.
Bid-Rigging Charges Nothing New for McClendon
Founder and former CEO of Chesapeake Energy, Aubrey McClendon, was indicted late Tuesday on charges of conspiring to rig the price of oil and gas leases in Oklahoma.
Cutting Production Does Not Resolve the Oil Glut
At the end of December, crude oil commercial stockpiles for the 34-member OECD nations had topped 3 billion barrels.
Mortgage Loan Rates Slip as Applications Fall Again
The latest Mortgage Bankers Association report on mortgage applications noted a week-over-week decrease in the group's seasonally adjusted composite index for the week ending February 26.
The 52-Week Low Club for Tuesday
March 1, 2016: Here are four stocks trading with heavy volume among 44 equities making new 52-week lows today. Valeant Pharmaceuticals International Inc. (NYSE: VRX) dropped about 9% on Tuesday to post a new…
The 4 Stocks That Dominated the DJIA on Tuesday
March 1, 2016: Markets opened higher on Tuesday even though economic news from Europe and Asia was weaker than expected. The thinking among investors and traders is that more stimulus may be in the…
Will Tax Refunds Get Millennials to Start Buying Cars?
The conventional wisdom regarding the millennial generation is that they aren't buying homes or cars in anything like the numbers of previous generations.
Ford Pickup Sales Jump 20% in February
Ford sold 60,697 F-Series pickups in the month of February, an increase of nearly 10% year over year.
New Construction Spending Rises Sharply in January
The U.S. Census Bureau reported Tuesday morning that construction spending in January increased by 1.5%.
GM February Sales Slip 1.5%
General Motors posted total February U.S. sales of less than 228,000 vehicles, falling short of Kelley Blue Book expectations.
Ford February Sales Up 20% on SUVs, Pickups
Ford Motor on Tuesday reported a U.S. sales increase of 20% year over year in February, topping Kelley Blue Book estimates.