July Foreclosure Inventory Highest in New Jersey, New York, Florida
In the month of July, 38,000 U.S. home foreclosures were completed, down more than 6% month over month, according to CoreLogic.
All Work
Paul Ausick
Verizon Readies Launch of Free Mobile TV
Streaming video to mobile devices is not especially new, nor is allowing pay-TV subscribers to watch a video on a mobile device that they are paying for through a satellite or cable subscription.
Solar Maker Yingli Green Energy Posts Big Loss
Yingli Green Energy posted disappointing second-quarter 2015 results before markets opened on Tuesday morning.
August Small Business Optimism Ticks Higher
The National Federation of Independent Business (NFIB) Tuesday morning reported that its small business optimism index for August rose slightly.
Is the Axe About to Fall on American Apparel?
A supplier to American Apparel has filed suit against the clothing maker for non-payment of bills, likely in an effort to secure a place at the head of the line for what may be…
Mining and Trading Giant Glencore Abandons Dividend to Cut Debt
Glencore said Monday that it will suspend its dividend, issue $2.5 billion in new stock and sell assets, including a stake in its agricultural business.
Apple Dominates TV Everywhere
courtesy of Apple Inc.Watching TV on an Internet-connected device rose 63% year over year at the end of June. That number includes only authenticated views, which the industry calls TV Everywhere. Authenticated viewers are…
New Business Model Trims Book Publisher Revenues
ThinkstockIn a classic case of ‘Be Careful What You Wish For,’ book publishers retrieved their pricing power from the hands of Amazon.com (NASDAQ: AMZN), and instead of seeing a boost in revenues from the…
IPO Calendar Remains Light Following Labor Day Weekend
ThinkstockThe week before the Labor Day holiday had no initial public offerings (IPOs) on the calendar and the week after the holiday shows just one on the schedule. The trickle may turn into a…
Marijuana Weekly News Roundup
Here is a rundown on MassRoots going public and other stories related to marijuana that made news this week.
Cars Recalled This Week Total 308,000
Automakers initiated at least two major recalls in the past week. One was rather larger and the other much smaller, but the smaller one could be the more problematic of the two going forward.
Hedge Funds Cut Short Positions in Oil; Rig Count Falls by 13
In the week ended September 4, the number of rigs drilling for oil in the United States totaled 662, according to the Baker Hughes North American Rotary Rig Count.
Trouble Brewing in Boeing Freighter Market?
Air cargo volumes are either growing slowly or shrinking slowly, depending on your point of view. In either case, though, this is not good news for Boeing.
Marijuana Price Rises 4% to $2,128 a Pound
The price of marijuana has risen by $150 a pound over the past two weeks. Among concerns is possible damage to the cannabis crop from wildfires in Washington state.
The 52-Week Low Club for Friday
ThinkstockSeptember 4, 2015: Here are four stocks trading with heavy volume among 169 equities making new 52-week lows today. Just a reminder: U.S. markets are closed Monday, September 7, for the Labor Day observance.…
The 4 Stocks That Sank the Dow on Friday
thinkstockSeptember 4, 2015: Markets opened lower on Friday following the nonfarm payroll report this morning, likely because the low headline unemployment rate (5.1%) and the four-week average job growth total (221,000 new jobs) could…
Apple Widens US Smartphone Subscriber Share Lead
For the three-month period ending in July, Apple gained 1.1% share of the U.S. smartphone subscriber market and now leads all original equipment makers.
Coal Miners Take Another Beating on Friday
It appears that investors have figured out that there is little chance that white knight is going to gallop in and save the coal industry.
Pay-TV Subscriber Numbers Could Be Worse Than They Look
In a new report, broadband industry research firm Leichtman Research Group notes that 83% of U.S. households subscribe to some form of pay-TV service.
August Job Growth Tanks; Unemployment Rate Dives
The August unemployment rate fell from 5.3% in July to 5.1%, its lowest level in seven years.