Boeing Adds Systems to Build 737s Faster
An automated system to build wing panels for 737 jets has begun operation at the plant where Boeing assembles about two-thirds of the current 42 737s the company builds each month.
All Work
Paul Ausick
Goldman Sachs BDC IPO Leads Offers in Week of March 16
ThinkstockLast week’s lone successful initial public offering (IPO), Summit Materials Inc. (NYSE: SUM), priced on Wednesday at $18, the midpoint of its expected range, opened at $20.16 and closed its first day of trading…
Hedge Funds Boost Short Positions as Oil Rig Count Falls Again
In the week ended March 13, the number of rigs drilling for oil in the United States fell to 866 from 922 in the prior week.
The 52-Week Low Club for Friday
ThinkstockMarch 13, 2015: Here are four stocks among the 150 equities making new 52-week lows today. Peabody Energy Corp. (NYSE: BTU) dropped about 8.8% on Friday to post a second consecutive 52-week low, down…
The 4 Stocks That Tanked the DJIA on Friday
thinkstockMarch 13, 2015: Markets opened lower on Friday as crude oil prices weighed on markets while the dollar strengthened. Producer prices fell in February stoking worries about deflation. Gold finished a little higher on…
How Capex Cut Affects Coal and Gas Producer CONSOL
CONSOL Energy announced Friday morning that it is cutting its 2015 capital spending (capex) budget from $1 billion to $920 million.
Exxon or Chevron: Which Has Better Odds for Hitting Earnings Targets?
No matter how it is sliced, 2015 is not looking to be a growth year for oil companies. The giants like Exxon and Chevron are in a much better position to weather the downturn…
Why a Whiting Asset Sale Does Not Cut It
Whiting Petroleum is said to be seeking a buyer for its acreage and pipeline assets in Texas as the company struggles to maintain its balance in the face of collapsing crude oil prices.
Will Big Buyback Boost United Technologies Stock?
United Technologies announced Friday morning that it will repurchase $2.65 billion in stock in an accelerated repurchase agreement with Goldman Sachs and Morgan Stanley.
IEA Reports Oil Supply Outstrips Demand
The International Energy Agency (IEA) monthly Oil Market Report said that global crude oil supplies rose by 1.3 million barrels a day year-over-year in February.
Aeropostale Still Has a Lot of Work to Do
Aeropostale reported fourth-quarter and full fiscal year 2014 results after markets closed Thursday afternoon.
The 52-Week Low Club for Thursday
ThinkstockMarch 12, 2015: Here are four stocks among the 98 equities making new 52-week lows today. Peabody Energy Corp. (NYSE: BTU) dropped about 6% on Thursday to post a new 52-week low of $5.75…
The 4 Stocks That Dominated the Market Thursday
thinkstockMarch 12, 2015: Markets opened higher on Thursday even though the report on U.S. retail sales was disappointing. Foreign markets contributed an interest rate cut (Korea), better-than-expected employment data (Australia), and rumors of more…
US Household Net Worth Rose 4.3% in 2014
In the fourth quarter of 2014, the net worth of U.S. households and nonprofit organizations rose 4.3%.
BMW Posts Record Sales, Revenues, Profits in 2014
BMW disclosed its 2014 results Thursday morning, and the company said that it had its fifth consecutive record-setting year.
Boeing Shopping 757 Replacement
Despite demurrals that a replacement for the 757 was in its future, Boeing has been showing some customers a concept aircraft dubbed the 737-8ERX
Natural Gas Price Steady on Report of Large Withdrawal
The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks decreased more than expected for the week ending March 6.
Volkswagen Raises Dividend, Worries About Global Economy
Volkswagen reported Thursday morning that unit sales in 2014 rose 5% and its operating profit rose 8.8%.
New Dividend Adds Luster to Dollar General Earnings
Dollar General reported in-line fourth-quarter and fiscal-year 2014 earnings before markets opened Thursday morning.
The 52-Week Low Club for Wednesday
ThinkstockMarch 11, 2015: Here are four stocks among the 182 equities making new 52-week lows today. Yamana Gold Inc. (NYSE: AUY) dropped about 2.3% on Wednesday to post a new 52-week low of $3.31…