Apple Hits 52-Week High
Following Thursday’s announcement of a mysterious event on September 9, Apple shares posted a new all-time high.
All Work
Paul Ausick
Consumer Sentiment Up in August, but Outlook Dims
The final August reading on the Thomson Reuters/University of Michigan Consumer Sentiment Index rose to 82.5.
Decline in Consumer Spending Raises Concern for Deflation
Bureau of Economic Analysis data show that personal income in July grew by 0.2% month-over-month, but personal spending fell by 0.1%.
40-Hour Workweek Actually 47 Hours Long
Only about four of 10 U.S. workers actually work a 9-to-5, 40-hour a week job. A full 50% say they work more than that.
Chrysler-Fiat Merger Dodges a Pothole, Paves the Way to IPO
The merger between Fiat and Chrysler has avoided its latest challenge and now appears on its way to an initial public offering in New York as early as October.
The 52-Week Low Club for Thursday
ThinkstockAugust 28, 2014: Among the nearly 30 stocks making new 52-week lows today were the following four firms: Liberty Ventures (NASDAQ: LVNTA) which dropped about 50% on Thursday following the distribution of a special…
The 4 Stocks That Sank the Market
thinkstockAugust 28, 2014: Markets opened lower on Thursday and even an estimate for second quarter GDP that was revised up couldn’t put any air under equities. The day’s trading got off to a lousy…
Record-High Meat Prices for U.S. Consumers
ThinkstockThe U.S. Department of Agriculture (USDA) released its preliminary report on August farm prices Thursday afternoon. The all-products price index was unchanged month-over-month at 109, with the crop index down 2.2% and the livestock…
Apple Sets September 9 for a Major Announcement
Rumors have been flying that Apple would be introducing its latest iPhones on September 9, but the company did not make an announcement until Thursday.
Qantas Defers 787 Order, Hurts Airbus
Australia's struggling Qantas airline has deferred its purchase options on the first five of its total of 50 Boeing 787-9 Dreamliners.
The Worst Credit Cards in America
The abundance of rewards programs for U.S. credit card users might lead one to conclude that the best credit cards offer the best rewards.
Slower Natural Gas Inventory Growth Gives Prices a Boost
The U.S. Energy Information Administration reported Thursday that U.S. natural gas stocks increased by 75 billion cubic feet for the week ending August 22.
Chrysler Sales Surge in August
Automakers will report U.S. August new car sales next week, but an early estimate from Kelley Blue Book has sales declining.
Ford Starts Mustang Production for Worldwide Sales
Ford begins building its 2015 Mustang for export to more than 120 countries Thursday at its plant in Flat Rock, Mich.
Abercrombie & Fitch Earnings Fall Short on Revenues, Same-Store Sales
Abercrombie & Fitch reported second-quarter fiscal 2014 results before markets opened Thursday morning.
Dollar General Cuts Outlook Slightly, Still Committed to Family Dollar Acquisition
Dollar General reported second-quarter 2014 results before markets opened Thursday morning.
Frontline Tankers May Restructure
Thursday morning Frontline, John Fredriksen's tanker company, reported a net loss of $0.81 per share.
The 52-Week Low Club for Wednesday
ThinkstockAugust 27, 2014: Among the 11 stocks making new 52-week lows today were the following three firms: Ampio Pharmaceuticals Inc. (NYSEMKT: AMPE) dropped another 4.5% on Wednesday to post a new 52-week low of…
The 4 Stocks That Weighed Down the Market
thinkstockAugust 27, 2014: Markets opened higher on Wednesday but soon turned negative before bouncing back above the break-even line in the mid-morning. The S&P 500 opened at a new high, but fell below the…
4-Year Low on Tap for Labor Day Gas Prices
ThinkstockThe average pump price of a gallon of gas is expected to reach $3.41 by the Labor Day weekend, down more than a penny from Wednesday’s price and down more than 2.5 cents from…