8 IPOs on the Calendar for Week of July 13
The initial public offering (IPO) calendar heats up again in the week of July 13, with eight offerings scheduled to go off.
All Work
Paul Ausick
Marijuana Weekly News Roundup
Washington state has collected $70 million in tax receipts from $257 million in pot sales during the first year following the state's legalization of recreational marijuana.
Short Interest in Boeing Near a 12-Month Low
Short interest through June 30 was released on Friday after markets closed, and we thought we would take a look at what short sellers are thinking about Boeing.
Mobile Gaming Apps on Track for Record Revenues
courtesy of Rovio EntertainmentThe most popular—and highest revenue-generating—mobile apps have traditionally been games. That’s not true just for the U.S., but internationally as well. In the second quarter of 2015, for example, 81% of…
Will the End of Fitbit Quiet Period Give the Stock a Jolt?
The 25-day quiet period on Fitbit ends Monday, and we can expect to see the company’s underwriters pushing out analysis and recommendations Tuesday morning.
US Adds More Oil Rigs Despite Low Crude Prices
In the week ended July 10, the number of rigs drilling for oil in the United States climbed to 645, according to the latest Baker Hughes North American Rotary Rig Count.
Marijuana Price Slips to $1,712
For the week ended Friday, July 10, the spot price index for a pound of cannabis ticked down from the prior week.
The 52-Week Low Club for Friday
ThinkstockJuly 10, 2015: Here are four stocks among the 85 equities making new 52-week lows today. Sprint Corp. (NYSE: S) posted a new 52-week low on Friday. Shares dropped about 4% to a low…
The 4 Stocks That Lifted the Dow on Friday
thinkstockJuly 10, 2015: Markets opened higher for the second day in a row on Friday following a better-than-expected increase in inventory levels. Even Fed chairwoman Janet Yellen’s remarks that a rate hike is still…
Investment Firm Adds 44 Million Shares of Avon to Portfolio
Capital Research Global Investors has revealed that it has raised its stake in Avon Products to 11.3%.
Shareholder Lawsuit Against Petrobras to Proceed
Petrobras said Friday morning that a federal judge in New York dismissed some but not all the claims in the suit and that the trial will begin no later than February 1, 2016.
What Schlumberger and Kinder Morgan Earnings Will Mean for Oil Sector
Among the more interesting earnings reports due next week are those from two leading energy sector players: Schlumberger and Kinder Morgan.
American Airlines Delays New Deliveries From Boeing, Airbus
Friday morning American Airlines said it would delay delivery of five new planes from Boeing and 35 new planes from Airbus.
Which Bank Will Have the Best Earnings?
One sector that will be watched closely next week is the big banks, all of which report second-quarter earnings during the week.
Amazon Unveils Mobile Device Farm for App Developers
App developers for Android-based and Amazon Fire-based mobile devices like smartphones and tablets now have access to an AWS-maintained stable of actual, real, mobile hardware on which to test their new apps.
The 52-Week Low Club for Thursday
ThinkstockJuly 9, 2015: Here are four stocks among the 127 equities making new 52-week lows today. Intel Corp. (NASDAQ: INTC) posted a new 52-week low on Thursday. Shares dropped about 2.3% to a low…
The 4 Stocks That Boosted the DJIA on Thursday
thinkstockJuly 9, 2015: Markets opened higher on Thursday and that’s when the major indexes posted their daily highs. New claims for unemployment benefits remain at close to the averages for full employment even though…
44% of Millennials Have Had Some Trouble With Credit Card Payments
Some 96% of millennials between the ages of 18 and 32 who have credit cards consider themselves to be financially responsible.
Michigan, Florida, Maryland Lead US in Distressed Home Sales
U.S. sales of distressed homes dropped to about 11% of all homes sold in April of this year, according to data from CoreLogic.
IMF Lowers Global Growth Outlook, Cuts US Projection by 20%
The International Monetary Fund on Thursday cut its 2015 global GDP growth forecast from an April estimate of 3.5% to a new level of 3.3%.