Crude Oil Inventory Soars by 10 Million Barrels
EIA said U.S. commercial crude inventories increased by a whopping 10.1 million barrels last week, the second consecutive week at higher totals than at any time in at least 80 years.
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Paul Ausick
10 Fired McDonald’s Workers File Civil Rights Lawsuit
A federal civil rights lawsuit filed in the district court for western Virginia on Thursday lawsuit names McDonald's, McDonald's USA and a franchise owner as defendants.
Natural Gas Price Slips as Warmer Winter Cuts Demand
EIA reported Thursday morning that U.S. natural gas stocks decreased less than expected in the week ending January 16.
Home Price Index Gains More Than Expected
The FHFA monthly index is calculated using purchase prices of houses with mortgages that have been sold to or guaranteed by Fannie Mae or Freddie Mac.
United, Southwest Shares Take Off After Earnings
United Continental and Southwest Airlines both reported fourth-quarter and full-year earnings before markets opened on Thursday.
Verizon’s Earnings Hampered by Competitive Pressure on Margins
Verizon Communications reported fourth-quarter and full-year 2014 results before markets opened Thursday morning.
Kinder Morgan Buys Pipeline System, Makes Investors Unhappy
Wikimedia CommonsKinder Morgan Inc. (NYSE: KMI) reported fourth-quarter and full-year 2014 results after markets closed on Wednesday. The oil and gas pipeline giant reported earnings per share (EPS) of $0.03 on revenues of $3.95…
The 4 Stocks That Lifted Wednesday’s DJIA
thinkstockJanuary 21, 2015: Markets opened lower on Wednesday but quickly turned higher as energy stocks posted some good gains on stronger prices for crude oil. Markets continue to be jittery ahead of tomorrow’s meeting…
United Readies Order for 10 Boeing 777s
United Continental is reportedly preparing to place an order for 10 Boeing 777-300ERs, each of which is tagged with a list price of $330 million.
Are Oil and Energy Stocks Becoming Too Cheap?
With crude oil trading in the mid-$40s for February delivery, there is little doubt that oil is cheap today. But is it too cheap?
What to Expect From Kinder Morgan Earnings
After markets close Wednesday, the new Kinder Morgan will report fourth-quarter and full-year results. This is the first report since completing its consolidation.
New Housing Starts Rise, Building Permits Drop in December
The U.S. Census Bureau and the Department of Housing and Urban Development reported Tuesday morning that new housing starts in December rose more than expected.
UnitedHealth Earnings Rise as Insurer Adjusts to Obamacare
UnitedHealth Group reported better than expected fourth-quarter and full-year 2014 results before markets opened Wednesday morning.
Mortgage Loan Rates Fall to 16-Month Low
Mortgage loan rates have dropped on all types of loans for the third consecutive reporting period and are now at levels equal to mid-2013.
Netflix Earnings Solid and Subscriber Growth Cheers Investors
courtesy of NetflixNetflix Inc. (NASDAQ: NFLX) reported fiscal fourth quarter and full-year 2014 results after markets closed Tuesday. For the quarter, the video distribution company posted diluted earnings per share (EPS) of $1.35 on…
The 52-Week Low Club for Tuesday
ThinkstockJanuary 20, 2015: Here are four stocks among the 158 equities making new 52-week lows today. Advanced Micro Devices (NYSE: AMD) posted a new 52-week low on Tuesday of $2.19. Based on Friday night’s…
The 4 Stocks That Hauled Up Monday’s Market
thinkstockJanuary 20, 2015: Markets opened higher on Tuesday after the IMF cut its forecast for global growth for 2015 from 3.5% to 3% and its 2016 forecast from 4% to 3.7%. Crude oil had…
Is Walmart Taking Aim at Check Cashing?
courtesy of Wal-Mart Stores Inc.For some time now Wal-Mart Stores Inc. (NYSE: WMT) has been making forays into banking. The company holds a stake of about 4% in Green Dot Corp. (NYSE: GDOT), a…
Will ‘American Sniper’ Garner Half of Warner Bros. Q1 Ticket Sales?
"American Sniper" opened in wide release on Friday, and Box Office Mojo estimated that the film hauled in more than $105 million over the four-day weekend.
After Earnings, Which Big Bank Stock Is Cheapest?
Now that all four of the largest U.S. banks have reported fourth-quarter and full-year earnings, it seems like a good time to try to figure out what the banks' investors have to look forward…