As Crude Oil Posts New Low Below $52, What Happens to Natural Gas?
A strengthening dollar and uncertainty about the impact of a possible Greek exit from the eurozone weighed on crude oil trading early Monday morning.
All Work
Paul Ausick
GM 2014 Sales Price Rises Most Among U.S. Carmakers
The average transaction price for a new car or pickup purchased in the United States in December was 1.6% higher than in November, as well as 2.5% higher than December of 2013.
Chrysler Sales to Surge 25%
Automakers are about release December sales figures, and industry analysts are looking for another solid month of sales to bring to a close a very good year for new car sales.
Boeing Said to Deliver More 787s Than Forecast
When Boeing reports order and delivery status for December on Tuesday, it is expected to say that it delivered 18 787 Dreamliners during the month, bringing the total for 2014 to 114.
How McDonald’s Helped Shake Shack Go Public
McDonald's says it will cut items from its menu and improve the quality of its food to rebuild sales. But is this plan too little and too late?
BMW Price Hikes Begin This Month
Automaker BMW announced on Friday that the company would be raising prices on some of its 2015 model year vehicles effective Monday, January 5.
Refiner HollyFrontier to Take Huge Inventory Charge
HollyFrontier waited until the market closed on Friday to announce that the company expects to take a pretax charge for the 2014 fiscal year due to the fourth-quarter drop in crude oil prices.
The 52-Week Low Club for Friday
ThinkstockJanuary 2, 2015: Here are four stocks among the 37 equities making new 52-week lows today. Volumes remain low as the holiday season winds up. Fidelity National Financial Ventures (NYSE: FNSV) posted a new…
The 4 Stocks That Weighed Down the DJIA Friday
thinkstockJanuary 2, 2015: Markets opened higher on Friday but trading settled into another sluggish trading session. The price of crude bounced around from a low near $52 to a high above $55 posted very…
GM Closes Out 2014 With Total 84 Recalls for 30 Million Vehicles
General Motors began 2014 with a recall of more than 300,000 of its pickup trucks. In February the automaker recalled more than 1.6 million North American additional vehicles.
Casino Stocks Hammered on Macau Data
On Friday, the gambling control board of Macau released its report on the island’s gambling revenues for December and all of 2014, and the news beat down casino stock prices in early trading.
November New Construction Spending Unexpectedly Drops
The U.S. Census Bureau reported Friday morning that construction spending in November decreased, rather than the increase expected.
Russian Oil Production Sets Post-Soviet High
Record high post-Soviet crude oil production in Russia weighed down crude prices Friday. Russia intends not to cut output this year and expects the price of crude to stabilize.
Exxon or Chevron: Which Performs Better in 2015?
Exxon Mobil and Chevron have not yet revealed their proposed spending and production levels for this year, but they are also expected to spend less as low crude oil prices drag down profits.
Linn Energy Cuts Budget, Shareholder Payout
Linn Energy has joined the ranks of independent oil and gas companies saying that 2015 will be a year of constrained spending.
Merger Creates Huge US Ethanol Maker
Late Wednesday afternoon, Pacific Ethanol announced that it had entered a definitive merger agreement with Midwest-based producer of ethanol Aventine Renewable Energy.
Boeing, Airbus Cooperate on Bid for Korean Fighter
In what may seem to be an odd twist, Boeing and arch-rival Airbus have teamed up with local partner Korean Airlines to bid on development of a new military fighter plane.
Natural Gas Price Drops Below $3 Before Storage Report
The U.S. Energy Information Administration (EIA) reported Wednesday afternoon that U.S. natural gas stocks decreased by 26 billion cubic feet for the week ending December 26.
Crude Oil Posts 52-Week Low Before Inventory Report
The U.S. Energy Information Administration (EIA) weekly petroleum status report released Wednesday morning says commercial crude inventories decreased last week.
Pending Home Sales Monthly Rise Highest in 14 Months
The National Association of Realtors (NAR) Wednesday morning released its data on pending sales of existing homes in November.