Crude Oil Price Tumbles Below $90 on Saudi Price Cuts
West Texas Intermediate (WTI) crude oil fell to a low of $88.18 a barrel in electronic trading early Thursday morning.
All Work
Paul Ausick
The 52-Week Low Club for Wednesday Adds 405 New Members
ThinkstockOctober 1, 2014: The following stocks are among the 405 equities making new 52-week lows today: Alcatel-Lucent (NYSE: ALU) dropped 2.6% Wednesday to a new 52-week low of $2.95. Share volume is about 35% higher…
The 4 Stocks That Tanked the Market
thinkstockOctober 1, 2014: Markets opened lower on Wednesday as manufacturing PMI numbers out of Europe were weaker than expected. That was just the beginning: the ISM manufacturing index came in weak and consumer confidence…
Costco, GM Team Up to Offer Holiday New Car Sales
courtesy of General MotorsCostco Wholesale Corp. (NASDAQ: COST) and General Motors Co. (NYSE: GM) on Wednesday launched a promotional event for Costco members which includes special pricing on 17 GM vehicles from model years…
NY Times to Slash 100 Newsroom Jobs, After Paying Chief $5 Million
The New York Times has announced that it will cut 100 newsroom jobs as the paper seeks to lower costs to meet declining revenues.
GM Sales Soar 19% in September on Pickups, SUVs
General Motors has reported that its total September vehicle sales were up 19% from a year ago.
Crude Oil Inventory Drop Doesn’t Slow Pump Price Declines
The EIA said U.S. commercial crude inventories decreased last week, but remain in the upper half of the five-year range for this time of the year.
Ford September Auto Sales Live Up to Weak Expectations
Ford posted a U.S. sales decline of 3% year-over-year in September, even though sales of the best-selling Fusion and its Lincoln brand rose.
Enterprise Products Sets Up for Crude Exports With Acquisition
Once the November elections are behind us, it is almost certain that U.S. oil companies will turn up the heat on Congress to permit the export of U.S. crude.
Jeep, Ram Lead Surge in Chrysler September Sales
Chrysler's year-over-year sales rose 19% again in September, the company's best September sales level since 2005.
Court Rules Against Walmart in Mexican Bribery Case
What did Walmart know about allegations of bribery in Mexico, and when did they know it?
Mortgage Loan Rates, Applications Moved Slightly Lower Last Week
The Mortgage Bankers Association weekly report on mortgage applications indicated a decrease of 0.2% in the seasonally adjusted composite index.
The 52-Week Low Club for Tuesday
ThinkstockSeptember 30, 2014: The following stocks are among the 250 equities making new 52-week lows today: Barrick Gold Corp. (NYSE: ABX) dropped 3% Tuesday to a new 52-week low of $14.55. Share volume is 25%…
The 4 Stocks That Held the Market Flat
thinkstockSeptember 30, 2014: Markets opened higher on Tuesday but by early afternoon all three major indexes had dipped below the break-even line. Gold and oil prices ended trading sharply lower today and both commodities…
Crude Oil Price Crashes, Gasoline at 4-Year Low
A report from Reuters that OPEC had increased its output to a level not seen in nearly two years, combined with a stronger dollar, torched crude prices.
Will Google Buy PayPal?
Now that eBay has agreed to spin off its PayPal division, we can’t help but wonder what the future holds for PayPal as an independent company.
Comcast, Time Warner Rank Lowest in Customer Satisfaction
In a recent customer satisfaction survey, Comcast and Time Warner Cable finished at or near the bottom in every category in every region of the country.
Why Carl Icahn Gets What He Wants
In the drama of Icahn’s pursuit of eBay in an effort to get it to spin off its PayPal business, the eBay CEO played the part of the mouse to Icahn’s cat.
San Francisco Home Price Increase Falls to 2-Year Low
The only U.S. city to post a month-over-month house-price decrease in July was San Francisco.
News Corp Buys Operator of Realtor.com for $950 Million
News Corp and Move announced Tuesday morning that News Corp has agreed to acquire Move.