Marijuana Price Rises $3 to $2,023
For the week ended Friday, January 22, the spot price index for a pound of cannabis rose slightly from the prior week to $2,023.
All Work
Paul Ausick
The 52-Week Low Club for Friday
January 22, 2016: Here are four stocks trading with heavy volume among 48 equities making new 52-week lows today. American Express Co. (NYSE: AXP) dropped about 14% on Friday to post a new 52-week…
The 4 Stocks That Dominated the Dow on Friday
January 22, 2016: Markets opened higher on Friday following comments yesterday by ECB President Mario Draghi that traders interpreted to mean that more stimulus is just around the corner. Energy and technology posted the…
Starbucks Closing 4 Teavana Stores
Starbucks has announced that it plans to close four of its Teavana stores, three in New York and one in Beverly Hills.
How Rising Interest Rates Affect American Consumers
A survey finds that more than 40% of Americans are concerned that rising interest rates will affect their personal financial situation.
Best Buy Promotes Video Streaming Devices of All Kinds
Now that millions of Americans have upgraded their TVs during the holiday shopping season, Best Buy reckons this is a good time to push products that will convert those new TVs into streaming video…
December Existing Home Sales Take Off
The National Association of Realtors reports that the seasonally adjusted annual rate of existing home sales in December soared more than 14%.
Why Chesapeake Killed Its Preferred Dividend
Friday morning the oil and gas producer Chesapeake Energy said it was suspending the dividend on its preferred stock.
Boeing Forecasts Strong Aircraft Demand, Financing Options for 2016
Boeing on Friday morning released its 2016 aircraft finance market outlook. The headline number is $127 billion, the forecast amount for new commercial deliveries in 2016
General Electric Earnings Do Not Electrify Investors
General Electric reported fourth-quarter and full-year 2015 results before markets opened Friday morning.
How Much Does a 747-8 Cost?
Boeing had announced a build rate of one 747-8 per month beginning in March of 2016, and on Thursday said it would cut that production to just one-half plane per month beginning in September.
Schlumberger Earnings Bolstered by New $10 Billion Buyback Program
Schlumberger Ltd. (NYSE: SLB) reported fourth-quarter and full-year 2015 results after markets closed on Thursday. The oil field services firm reported adjusted diluted quarterly earnings per share (EPS) of $0.65 on revenues of $7.74…
The 4 Stocks That Lifted the DJIA on Thursday
January 21, 2016: Markets opened mixed on Thursday, and traded in the green for most of the day after ECB chief Mario Draghi said the bank would maintain its low interest rates for a…
Southwestern Energy Cuts 1,100 Workers
Southwestern Energy said in a filing Thursday with the SEC that it has notified employees of a workforce reduction plan that will affect more than 1,100 of them.
Boeing Snags United Order With Low-Priced 737s
Boeing has announced an order for 40 single-aisle 737-700 aircraft from United Continental, a blow to would-be rival Bombardier.
Kinder Morgan Shares Soar 20% After So-So Earnings Report
Kinder Morgan's conservative outlook had boosted shares by nearly 20% as Thursday's lunch hour approached.
Crude Oil Bounces Higher Despite Big Inventory Build
The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Thursday morning, a day later than usual due to the Martin Luther King Jr. holiday observance.
Natural Gas Price Dips Following 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 January 15.
What Will a $1 Raise Cost Wal-Mart?
Wal-Mart said it has committed a total of $2.7 billion over the two years to wage hikes, more training and better benefits for its hourly workers.
Lower Fuel Costs Lift Southwest Airlines Earnings
Southwest Airlines reported fourth-quarter and full-year 2015 results before markets opened on Thursday.