Another Delay Hits Boeing KC-46A Tanker
The Boeing Co.After taking a $835 million pre-tax,second-quarter charge on its new KC-46A tanker program and just a few weeks before the plane’s first scheduled test flight, The Boeing Co. (NYSE: BA) has run…
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Paul Ausick
Marijuana Price Rises Another 3% to $1,791
ThinkstockFor the week ended Friday, July 31st, the spot price index for a pound of cannabis rose from $1,736 in the prior week to $1,791, a jump of slightly more than 3%. The futures…
U.S. Oil Rig Count Adds 5 Last Week for Second Increase in a Row
ThinkstockIn the week ended July 31st, the number of rigs drilling for oil in the U.S. totaled 664 compared with 659 in the prior week and 1,573 a year ago. Including 210 other rigs…
The 52-Week Low Club for Friday
ThinkstockJuly 31, 2015: Here are four stocks trading with heavy volume among the 107 equities making new 52-week lows today. Exxon Mobil Corp. (NYSE: XOM) posted a new 52-week low on Friday. Shares dropped…
The 4 Stocks That Weighed on the DJIA Friday
thinkstockJuly 31, 2015: Markets opened higher on Friday but only the Nasdaq Composite was able to trade in the green for the whole day. The blue chips were hampered by poor earnings at the…
July New Car Sales Will Push Annual Rate to 17.1 Million
ThinkstockCarmakers will report July 2015 sales of new light vehicles on Monday, and analysts are expecting monthly sales in the neighborhood of 1.47 million units and a seasonally adjusted annual rate of 17.1 million…
Which Coal Miners Will Live to Dig Another Day?
ThinkstockWalter Energy Inc. (NYSE: WLT) filed a notice Friday morning that the New York Stock Exchange has notified the U.S. Securities and Exchange Commission (SEC) of the NYSE’s intention to remove Walter Energy stock…
Royal Caribbean Jumps to New 52-Week High on Earnings
ThinkstockRoyal Caribbean Cruises Ltd. (NYSE: RCL) reported second quarter 2015 results before markets opened Friday morning. For the quarter, the global cruise vacation company posted adjusted diluted earnings per share (EPS) of $0.84 on…
Why the Exxon Dividend Is Safe After Poor Earnings
Wikimedia CommonsExxon Mobil Corp. (NYSE: XOM) reported estimated second-quarter 2015 results before markets opened Friday morning. For the quarter, the integrated oil & gas giant posted quarterly diluted earnings per share (EPS) of $1.00…
Weyerhaeuser Earnings Improve, but Strong Dollar, Lack of New Building Hurt
ThinkstockWeyerhaeuser Co. (NYSE: WY) reported fiscal second quarter 2015 results before markets opened Friday morning. For the quarter, the wood products REIT posted adjusted diluted earnings per share (EPS) of $0.26 on revenues of…
The 52-Week Low Club for Thursday
ThinkstockJuly 30, 2015: Here are four stocks trading with heavy volume among the 124 equities making new 52-week lows today. Whole Foods Market Inc. (NASDAQ: WFM) posted a new 52-week low on Thursday. Shares…
Amgen Earnings Point to New 52-Week High
ThinkstockAmgen Corp. (NASDAQ: AMGN) reported fiscal second quarter 2015 earnings Thursday afternoon after equity markets had closed. The biotech firm posted adjusted earnings per share (EPS) of $2.57 on revenues of $5.37 billion. In…
The 4 Stocks That Edged the Dow Up on Thursday
thinkstockJuly 30, 2015: Markets opened lower on Thursday following a rather disappointing first reading of U.S. second-quarter GDP. Weakness in the Chinese equities market also played a role in the slow start. But semiconductor…
Boeing May Move Some Work Offshore If Ex-Im Bank Closes
The Boeing Co.No one can say that The Boeing Co. (NYSE: BA) doesn’t know how to play hardball. Former CEO and current chairman James McNerney said in Washington on Tuesday night that the company…
Ford Responds To F-150 Safety Test Concerns
Ford Motor Co.We reported a story earlier Thursday morning regarding the Insurance Institute for Highway Safety’s (IIHS) tests on the new Ford Motor Co. (NYSE: F) F-150 pickup trucks. The 2015 model F-150 SuperCrew…
Cheaper Crude Doubled Valero Refining Income
ThinkstockOil refiner Valero Energy Corp. (NYSE: VLO) reported second quarter 2015 earnings before markets opened Thursday morning. Diluted earnings per share (EPS) totaled $2.66 compared with EPS a year ago of $1.10. Quarterly revenues…
How ConocoPhillips Plans to Maintain Its High Dividend
ShutterstockConocoPhillips (NYSE: COP) reported second quarter 2015 results before markets opened Thursday morning. For the quarter, the oil & gas production company posted adjusted diluted earnings per share (EPS) of $0.07 on revenues of…
P&G Outlook Weakens on Asset Sale to Coty
Courtesy Procter & GambleThe Procter & Gamble Co. (NYSE: PG) reported fourth fiscal quarter and full-year 2015 results before markets opened Thursday morning. For the quarter, the consumer products maker posted adjusted diluted earnings…
SolarCity Posts Big Loss, Forecasts Bigger Loss Next Quarter
ThinkstockSolarCity Corp. (NASDAQ: SCTY) reported second quarter 2015 results after markets closed Wednesday afternoon. For the quarter, the solar panel maker reported an adjusted diluted loss per share of $1.61 on revenue of $102.83…
Why Whiting Petroleum Will Be Doing Well Just Breaking Even
ThinkstockWhiting Petroleum Corp. (NYSE: WLL) reported second quarter 2015 results after markets closed Wednesday afternoon. For the quarter, the oil & gas E&P company posted adjusted diluted earnings per share (EPS) of $0.04 on…