The 52-Week Low Club for Monday
December 7, 2015: Here are four stocks trading with heavy volume among 328 equities making new 52-week lows today. Kinder Morgan Inc. (NYSE: KMI) dropped about 10% on Monday to post a new 52-week…
All Work
Paul Ausick
The 4 Stocks That Sank the DJIA on Monday
December 7, 2015: Markets opened lower on Monday even though markets in Asia and Europe were stronger overnight. The dollar gained strength again today, and 10-year Treasury yields rose, but commodities, particularly crude oil,…
Consumer Credit Rises on Strong US Auto Sales
The Federal Reserve on Monday released its preliminary report on consumer credit for the month of October 2015. Consumer credit rose 5.5% in October, well below the 9.9% growth posted in September, but still…
Average US Gasoline Price Within Easy Reach of $2 a Gallon
The U.S. average price for a gallon of regular gasoline on Monday was just a fraction of a cent higher than the lowest average price for the year to date.
Mortgage Bankers React to Revolving Door Charges
The U.S. mortgage market is huge — more than $5 trillion — and two of the major players are government-sponsored entities Fannie Mae and Freddie Mac.
Marvell Preliminary Results Do Not Shake Investors Too Much
When Marvell Technology reported preliminary third-quarter results Monday morning, the company's stock was halted from trading in the premarket session to give investors a chance to digest the report.
Fluor Acquires Dutch Firm for $755 Million
Engineering and construction firm Fluor announced Monday morning that it had signed an agreement to acquire all of Netherlands-based Stork Holding for $755 million.
Icahn Stake Puts a Charge Into Pep Boys
On Friday, after activist investor Carl Icahn revealed a 12.1% stake in Pep Boys – Manny, Moe & Jack (NYSE: PBY), the stock bounced big in after-hours trading, but cooler heads appear to have…
Boeing 737 Max Sneaks Out the Door
The first flight of the 737 Max is scheduled for early in 2016, and first delivery is set for the third quarter of 2017 to launch customer Southwest Airlines.
$115,000 Apple Watch for Christmas
Brikk is offering its diamond-encrusted Lux (Apple) Watch Omni for $110,000 to $115,000, with a non-refundable deposit of $10,000.
Week Ahead IPOs Limited to One Software Company
The initial public offering (IPO) market has apparently begun its holiday vacation early this year.
Marijuana Weekly News Roundup
Last February the National Highway Traffic Safety Administration (NHTSA) released results of a survey that found a full 22% of U.S. drivers tested positive for driving with some kind of drug in their systems…
Microsoft Slashes Prices on Xbox Games
Not wanting to be left in the shadows during the holiday shopping season, Microsoft launched a 12-day promotion beginning last Tuesday.
How Much Does a Boeing 747 Cost?
So far this year Boeing has taken orders for just two 747s, but could the company get some help from a new mission for the plane?
US Oil Rig Count Drops by 10; Short Positions Likely to Rise This Week
In the period ended December 4, the number of rigs drilling for oil in the United States totaled 545, according to the Baker Hughes North American Rotary Rig Count.
Marijuana Price Fell 8.5% Last Week to $1,734
For the week ended Friday, December 4, the spot price index for a pound of cannabis decreased by less than 9%, according to the analysts at Cannabis Benchmarks.
Best Buy Cyber Week Ends With Saturday Sales
According to some reports, Best Buy's online sales have been very well-received and customers are spending on big-screen TVs and wearables.
The 52-Week Low Club for Friday
December 4, 2015: Here are four stocks trading with heavy volume among 200 equities making new 52-week lows today. Kinder Morgan Inc. (NYSE: KMI) dropped about 14% on Friday to post a new 52-week…
The 4 Stocks That Lifted the DJIA on Friday
December 4, 2015: Markets opened slightly higher again on Friday following a solid report on November non-farm payrolls added strength to the belief that the Fed will indeed raise the funds rate at its…
OPEC Does Nothing — Again
OPEC's strategy of maintaining market share regardless of price continues to cut new exploration and development budgets in the United States and has begun to slow U.S. production.