Florida, Alabama, West Virginia Top States for Cash Home Sales
In April of 2015, cash sales comprised about a third of all home sales and marked the 28th consecutive year-over-year monthly decline.
All Work
Paul Ausick
Homebuilder Confidence Approaches 10-Year High in July
The National Association of Home Builders (NAHB)/Wells Fargo housing market index for July increased by one point from a prior reading of 59 in June to a nine and a half year high of…
Natural Gas Price Slips After Huge Inventory Addition
The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks increased by 99 billion cubic feet for the week ending July 10.
Is Apple Missing Out on Half-Billion Unit Dual-SIM Phone Market?
Strategy Analytics estimates the 2015 market for dual-SIM phones at 431 million units. One name missing from the market is Apple.
How Kinder Morgan Raises Its Dividend on Lower Earnings
Kinder Morgan raised its quarterly dividend on lower second-quarter earnings and also announced an acquisition.
Los Angeles Raises Minimum Wage for 800,000 Workers
By 2020, as many as 800,000 minimum wage workers in the city of Los Angeles will be earning $15 an hour.
Revenues, Profits Decline at Philip Morris as Sales Volumes Slip
Philip Morris International reported better-than-expected second-quarter 2015 results before markets opened on Thursday morning.
Intel Outlook Saves the Day
Intel reported better-than-expected second-quarter 2015 results after markets closed Wednesday.
The 52-Week Low Club for Wednesday
ThinkstockJuly 15, 2015: Here are four stocks among the 129 equities making new 52-week lows today. EMC Corp. (NYSE: EMC) posted a new 52-week low on Wednesday. Shares dropped about 0.3% to a low…
The 4 Stocks That Weighed on the DJIA Wednesday
thinkstockJuly 15, 2015: Markets opened essentially flat on Wednesday after Fed Chairwoman Janet Yellen’s scheduled remarks to the U.S. House of Representatives were released. Economic data was better than expected, but crude oil prices…
Analysts Cautious on Aerospace Aftermarket Stocks
Commercial aerospace aftermarket stocks were underperformers in the first quarter of 2015, and analysts at Canaccord Genuity expect more of the same when these firms release second-quarter earnings.
Was Amazon Prime Day a Dud?
Everybody was watching to gauge the impact of Wednesday's Amazon Prime Day, a promotion dreamed up by Amazon.com to give the company an opportunity to earn even smaller margins.
Energy Transfer Partners Sheds Retail Business for $1.94 Billion
Energy Transfer Partners has agreed to a drop-down of 100% of its retail business to Sunoco and to transfer its general partner interest and its incentive distribution rights in Sunoco to Energy Transfer Equity.
A&P Stores on Track to File for Chapter 11
What was once the largest retailer in the United States is on the verge of filing for Chapter 11 bankruptcy protection.
Crude Oil Price Slips on Iran Deal, Not Lower Inventory
The latest EIA weekly petroleum status report showed that U.S. commercial crude inventories decreased by more than 4 million barrels last week.
US Drivers Not Much Interested in Self-Driving Cars
It seems that U.S. drivers are not ready yet to give up their time spent creeping along in a miles-long traffic jam with their hands on the wheel, their eyes on the road and…
BHP Billiton Writes Down $2 Billion in US Oil Assets
On Tuesday, BHP Billiton said it would take an after-tax charge of $2 billion related to its natural gas assets in the Hawkville field of the Eagle Ford shale play.
Delta Air Lines Earnings Gains Hampered by Lower Unit Revenues
Delta Air Lines reported better-than-expected second-quarter 2015 results before markets opened Wednesday morning.
Bank of America Earnings Boosted by Lower Costs
Bank of America reported better-than-expected second-quarter results before markets opened Wednesday morning.
Mortgage Loan Rates Rose Slightly Last Week
The latest MBA report on mortgage applications noted a week-over-week decrease of nearly 2% in the group's seasonally adjusted composite index.