The 52-Week Low Club for Wednesday
ThinkstockJuly 29, 2015: Here are four stocks trading with heavy volume among the 95 equities making new 52-week lows today. Twitter Inc. (NYSE: TWTR) dropped nearly 15% on Wednesday to post a new 52-week…
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Paul Ausick
The 4 Stocks That Boosted the DJIA on Wednesday
thinkstockJuly 29, 2015: Markets opened higher on Wednesday and two of the three major indexes spend all day trading above the break-even line; only the Nasdaq Composite took a brief visit into the red…
Boeing, Airbus Chase Potentially Huge Order from Indian Airline
Airbus Group NVOne of India’s leading low-cost airlines, SpiceJet, has been talking with both The Boeing Co. (NYSE: BA) and rival Airbus regarding orders that could total more than 100 single-aisle passenger jets in…
Will Other Refiners Follow Marathon and Hike Dividends?
ThinkstockOil refiner Marathon Petroleum Corp. (NYSE: MPC) announced at noon on Wednesday that its board has authorized a dividend increase from a current level of $0.25 per share to $0.32 per share payable in…
Why All Eyes Will Be on Whole Foods Earnings
courtesy of Whole Foods MarketAfter the equity markets close on Wednesday, Whole Foods Markets Inc. (NASDAQ: WFM) is scheduled to report third fiscal quarter results. Analysts are expecting earnings per share (EPS) of $0.45…
Crude Oil Price Tops $48 on Huge Inventory Draw
ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories decreased by 4.2 million barrels last week, maintaining a total U.S. commercial crude inventory of 459.7…
Pending Home Sales Slip; Drop Most in South, Midwest
ThinkstockThe National Association of Realtors (NAR) Monday morning released its data on pending sales of existing homes for June. The pending home sales index fell 1.8% to 110.3. Prior to today’s report the index…
Garmin Struggles with Exchange Rates, Lower Sales in Automobile Gear
Wikimedia CommonsGarmin Ltd. (NASDAQ: GRMN) reported second quarter 2015 results before markets opened Wednesday morning. For the quarter, the GPS equipment maker posted adjusted diluted earnings per share (EPS) of $0.72 on revenues of…
Altria Raises Guidance After Earnings, but Sees Moderate 2H Growth
ThinkstockAltria Group Inc. (NYSE: MO) reported second-quarter 2015 results before markets opened Wednesday morning. For the quarter, the tobacco company posted adjusted diluted earnings per share (EPS) of $0.74 on revenues of $4.88 billion,…
Mortgage Loan Rates Dip, Applications Rise
ThinkstockThe Mortgage Bankers Association (MBA) released its report on mortgage applications Wednesday morning, noting a week-over-week increase of 0.8% in the group’s seasonally adjusted composite index for the week ending July 24th following an…
SunPower Gets a Boost After Earnings
SunPower Corp. (NASDAQ: SPWR) reported second quarter 2015 results after markets closed Tuesday afternoon. For the quarter, the solar panel maker reported adjusted diluted earnings per share (EPS) of $0.18 on adjusted revenue of…
The 52-Week Low Club for Tuesday
ThinkstockJuly 28, 2015: Here are four stocks among the 296 equities making new 52-week lows and trading at heavy volume today. Ambev SA (NYSE: ABEV) dropped about 2.7% on Tuesday to post a new 52-week…
The 4 Stocks That Lifted the Dow on Tuesday
thinkstockJuly 28, 2015: Markets opened higher on Tuesday after the Shanghai market closed with a modest loss compared with Monday’s 8.5% dive. U.S. consumer confidence came in lower than expected and home price increases…
Peabody Energy Stock Makes a Run After Awful Earnings
ThinkstockWhen Peabody Energy Corp. (NYSE: BTU) reported second-quarter results Tuesday morning, the per share loss was worse than expected and total sales came in lower than expected. But the company is still in business,…
After BP Results, Big Oil Earnings Prospects at Oxy, Exxon, Chevron, Valero
ThinkstockWhen energy super-major BP plc (NYSE: BP) reported second-quarter results very early Tuesday morning, the headline number is the $6.3 billion loss attributed to low crude oil prices and a $10.8 billion pre-tax charge…
Minneapolis, New York, Washington Post Smallest Gains on Case-Shiller Index
ThinkstockIn all 20 U.S. cities included in the S&P/Case-Shiller home price index, May house prices increased year-over-year. Three cities posted year-over-year gains of 3% or less during May: Minneapolis and New York registered price…
Can Ford Sustain High Profit If Market Share Declines Continue?
Ford Motor Co.Ford Motor Co. (NYSE: F) reported second quarter 2015 results before markets opened Tuesday morning. For the quarter, the automaker posted adjusted diluted earnings per share (EPS) of $0.47 on revenues of…
CONSOL Energy Takes Massive Impairment Charge, Posts Loss
ThinkstockCONSOL Energy Inc. (NYSE: CNX) reported second quarter 2015 results before markets opened Tuesday morning. The coal and natural gas producer reported quarterly an adjusted diluted loss of $0.37 and revenues of $648.94 million.…
Pfizer Overcomes Currency Exchange Issue with Stronger Sales of Cancer Drugs
ThinkstockPfizer Inc. (NYSE: PFE) reported second quarter 2015 results before markets opened Tuesday morning. The company reported quarterly adjusted diluted earnings per share (EPS) of $0.56 and revenues of $11.9 billion. In the same…
DuPont Cuts Dividend, Lowers Outlook
E. I. du Pont de Nemours and CompanyE. I. du Pont de Nemours and Co. (NYSE: DD) reported fiscal second quarter 2015 earnings Tuesday morning before markets opened. The chemical giant posted adjusted operating…