San Francisco, Denver, Dallas Post Largest Gains on Case-Shiller Index
In all 20 U.S. cities included in the S&P/Case-Shiller home price index, March house prices increased year-over-year.
All Work
Paul Ausick
Hollywood Box Office on Track for $5 Billion Summer
There are several franchise releases scheduled for the summer that are expected to push the season’s total take to a record $5 billion.
US Leads Slowdown in OECD GDP Growth
The OECD reports that real GDP growth among the OECD countries in the first quarter of 2015 slipped. The slowdown was most significant in the United States.
Oil Refiners Turning Crude Oil Glut Into Profits
Even though crude oil inventories are shrinking a little, there seems to be every reason to believe that refiners are going to have a solid second quarter,
What to Do, or Not Do, If You Win the $154 Million Powerball Jackpot
ThinkstockMany Americans imagine winning millions of dollars overnight in the various lotteries that have spread to virtually every corner of the country. Better yet, imagine winning over $150 million! On Wednesday, May 27, the…
Graduate Gifts Cost $4.77 Billion
ThinkstockNearly a third of U.S. adults bought a gift for at least one graduate this year, spending an estimated $4.77 billion in the process, an all-time high. The most popular gift? Cash, something every…
Why Boeing Shares Have Thrashed the Dow
The Boeing Co.As of Friday’s close, the Dow Jones Industrial Average has gained about 2.3% for the year to date. The Boeing Co. (NYSE: BA) has performed much better, up more than 11%, making…
Why Wal-Mart Trades Near 52-Week Low
courtesy of Wal-Mart Stores Inc.When Wal-Mart Stores Inc. (NYSE: WMT) reported fiscal first quarter earnings last week, investors were underwhelmed. Shares that had closed at near $80 on Monday closed nearer to $76 on…
IPO Recap and Outlook for 2015
ThinkstockFor the week of May 25, there are exactly zero initial public offerings (IPOs) on the calendar due to the Memorial Day holiday. So even though there are still five weeks left in the…
$100 Billion Cut From Global Energy Projects
ThinkstockThe collapse of crude oil prices that started last Fall and continued through the first half of March this year has forced many U.S. producers to delay new drilling or well completions until prices…
Hedge Funds Adding to Short Positions as Rig Count Stabilizes
ThinkstockIn the week ended May 22nd, the number of rigs drilling for oil in the U.S. totaled 659 compared with 660 in the prior week and 1,528 a year ago. Including 222 other rigs…
Strong Marijuana Harvest Will Drive Down Prices
ThinkstockFor the week ended Friday, May 22, the spot price for a pound of cannabis was $1,825 unchanged from the prior week. The futures price for November 2015 was also unchanged at around $1,250…
The 52-Week Low Club for Friday
ThinkstockMay 22, 2015: Here are four stocks among the 60 equities making new 52-week lows today. Frontier Communications Inc. (NASDAQ: FTR) dropped about 3.7% on Friday to post a new 52-week low of $5.14…
The 4 Stocks That Sank the DJIA on Friday
thinkstockMay 22 2015: Markets opened mixed on Friday on a day that was tough on blue chips. The energy sector slipped on a stronger dollar and lower crude oil prices, even though crude posted…
Amazon One-Hour Local Delivery Service Takes Manhattan
In the latest improvement to its Prime Now delivery service, Amazon.com announced Thursday that it has begun one-hour delivery from local stores in Manhattan.
GM: The Software in Your Car Belongs to Us, Not You
General Motors says that the new Chevy pickup you just bought still belongs to the company. At least the software that runs virtually every function in the car still belongs to GM.
GE Financial Asset Sales Might Not Be as Good as Some Think
The impact on General Electric of its accelerated asset sales may affect investors’ near-term returns, according to a new research report from Moody’s Investors Service.
Why Germany Wants 300 Million Euros From Airbus Over Late Deliveries
The single largest customer for the Airbus A400M military transport aircraft is tired of waiting for the company to deliver the remaining planes in its order.
Deere Earnings Overcome Effects of Strong Dollar
Deere reported better-than-expected second-quarter fiscal 2015 results before markets opened Friday morning.
What a Penny of Profit Is Worth to Hewlett-Packard
Hewlett-Packard reported mixed fiscal second-quarter results after markets closed Thursday evening.