Analysts Changing Stride on Xerox Into Breakup
Carl Icahn, who has been given three board seats, has made no secret of his displeasure with the way Xerox is managed and has been a driving force for the split of the two…
All Work
Paul Ausick
Analysts Keep Taming National Oilwell Varco Targets
As bad as it is for National Oilwell Varco employees who lose their jobs, investors are more receptive to cost cutting.
26,000 People Die in Traffic Accidents in First 9 Months of 2015
The National Highway Traffic Safety Administration reported Friday that an estimated 26,000 people were killed in vehicle crashes over the first nine months of 2015.
Oil Rig Count Drops by 31, Hedge Funds Pile Up Short Positions
In the week ended February 5, the number of rigs drilling for oil in the United States totaled 467, according to the Baker Hughes North American Rotary Rig Count.
Marijuana Price Rises to $2,050
For the week ended Friday, February 5, the spot price index for a pound of cannabis rose more than 3%.
The 4 Stocks That Tanked the Dow on Friday
February 5, 2016: Markets opened lower on Friday following a lower-than-expected report on nonfarm payrolls. There appears to be some concern that investors are worried about the impact of the payroll report on the…
Why President Obama’s $10-a-Barrel Oil Tax Will Go Nowhere
When the Obama Administration on Thursday proposed imposing a $10 per barrel tax on every barrel of oil produced in the United States., the reaction was muted because it didn't really need to be…
Apple Set to Accept Broken iPhones as Trade-Ins
Apple Stores will begin this week to accept older iPhones in trade, even if the display screen is cracked, the camera doesn't work or the buttons don't function.
ArcelorMittal Wants to Raise $3 Billion
ArcelorMittal, the world's largest steelmaker, revealed fourth-quarter and full-year 2015 results Friday morning, and the view was anything but pretty.
Secondary Offering Sinks Hess Shares
Very early Friday morning, independent oil and gas producer Hess announced that it had priced an underwritten offering of 25 million shares of common stock at $39 per share
Why Freeport’s Bounce Could Be Short-Lived
A falling dollar favors commodities, like gold and copper, that trade in dollars by making them cheaper compared with other currencies.
Why Tyson Foods Could Post a New 52-Week High Friday
Tyson Foods reported mixed first-quarter fiscal 2016 results before markets opened Friday morning.
Weyerhaeuser Earnings OK, but Outlook Weak on Lower Pulp Sales
Weyerhaeuser reported fiscal fourth-quarter and full-year 2015 results before markets opened Friday morning.
The 52-Week Low Club for Thursday
February 4, 2016: Here are four stocks trading with heavy volume among 106 equities making new 52-week lows today. GoPro Inc. (NASDAQ: GPRO) dropped nearly 16% on Thursday to post a new 52-week low…
The 4 Stocks That Propped Up the DJIA on Thursday
February 4, 2016: Markets opened mixed on Thursday following worse-than-expected reports on new claims for unemployment benefits, factory orders down nearly 3%, and a big jump in the number of job cuts that were…
Apple’s US Smartphone Subscribers Slide Further in December
For the three-month period ending in December, Apple lost 0.7% share of the U.S. smartphone subscriber market.
January Job Cuts Rise 200%
The Challenger, Gray & Christmas job-cuts report for January indicates that layoffs skyrocketed by more than 200% to their highest level since last summer.
What to Look for in January Nonfarm Payroll Report
Analysts are looking for nonfarm payrolls to rise by 188,000 and for the unemployment rate to remain unchanged at 5%.
Factory Orders Down 3% in December
A Commerce Department report out Thursday shows mixed results in factory activity, shipping and new orders in the United States.
October Cash Home Sales Highest in Alabama, Florida, New York
In October of 2015, cash sales comprised about 34% of all home sales, according to CoreLogic.