Mortgage Loan Rates Dropped Last Week, Applications Up 21%
The latest MBA report on mortgage applications noted a week-over-week increase of more than 21% in the group's seasonally adjusted composite index for the week ending January 8.
All Work
Paul Ausick
Short Interest in Solar Stocks Fell, but Was It Too Soon?
Short interest moves among solar and alternative energy stocks mostly increased during the two-week reporting period that ended on December 31.
The 52-Week Low Club for Tuesday
January 12, 2016: Here are four stocks trading with heavy volume among 704 equities making new 52-week lows today. Freeport- McMoRan Inc. (NYSE: FCX) dropped more than 15% on Tuesday to post a new…
The 4 Stocks That Boosted the Dow on Tuesday
January 12, 2016: Markets opened higher again on Tuesday but dipped into negative territory at around midday before turning positive again. Selling in the energy, telecom, and utilities sectors weighed on the indexes all…
Crude Oil Dips Below $30
At its low for the day Tuesday, WTI crude oil for February delivery traded at $29.93 before settling at $30.25. That’s the first time WTI crude has traded below $30 a barrel since 2003.…
US Oil Production to Fall by Almost a Million Barrels a Day by 2017
In the latest revision of its Short-Term Energy Report, the U.S. Energy Information Administration said the total U.S. crude production fell to an average of 9.4 million barrels a day in 2015.
Plains All American Maintains Payout, Adds $1.5B in Private Placement
Two news items from Plains All American Pipeline released Tuesday morning pushed the midstream energy company's shares up nearly 25% shortly after the opening bell.
Macy’s Adds More Discounts to Move Winter Clothes, Other Items
Now Macy's has to unload the inventory it couldn't sell over the holidays, and some of the deals are exceptional.
Virgin Atlantic Set to Place $4.3 Billion Order With Airbus
Virgin Atlantic Airways reportedly is set to announce that the airline will acquire 12 Airbus A350-1000s in an order valued at about $4.3 billion at list prices.
November Foreclosure Inventory Lowest in DC, Highest in New Jersey
In the month of November, 33,000 U.S. home foreclosures were completed, according to research firm CoreLogic.
Small Business Optimism Ticks Higher in December
The National Federation of Independent Business (NFIB) Tuesday morning reported that its small business optimism index for December rose.
Lululemon Raises Q4 Guidance
Athletic gear maker Lululemon Athletica raised its fourth-quarter revenue and earnings guidance after markets closed on Monday.
Airbus Posts Record Deliveries in 2015, Orders Down 26%
Airbus reported Tuesday morning that it delivered a record 635 commercial planes in 2015, a record.
The 52-Week Low Club for Monday
January 11, 2016: Here are four stocks trading with heavy volume among 834 equities making new 52-week lows today. Freeport- McMoRan Inc. (NYSE: FCX) dropped nearly 21% on Monday to post a new 52-week…
The 4 Stocks That Lifted the DJIA on Monday
January 11, 2016: Markets opened higher again on Monday even though Shanghai’s exchange closed down more than 5%. Oil prices started the day higher, but that didn’t last as commodities in general took a…
AT&T Offers New $100 per Month Unlimited Data Plan
AT&T is starting off the new year with an offer of unlimited data for new and existing customers.
First US LNG Cargo to Begin Loading This Week
The United States will enter the market for liquefied natural gas (LNG) later this week when Cheniere Energy begins loading the first tanker ever to export LNG from the lower 48 states.
BMW Tops Mercedes for Luxury Car Sales in 2015
BMW Group reported its global sales for 2015 on Monday morning, and the luxury car maker said that sales rose about 6% for the year.
National Average Gasoline Price Fell Nearly 3 Cents Last Week
The average price of a gallon of gasoline is falling across the United States, likely due to oversupply and geopolitical concerns centered around China's economy.
Squirrels Among Top Threats to US Power Grid
But malware attacks are just one of the threats to the U.S. power grid. A report at the Daily Caller lists seven top threats.