GM Recalls Damage Used Car Value
Millions of car owners will get hit in the pocket book because of GM recalls and there is nothing they can do about it.
All Work
Paul Ausick
IPO Week Ahead: GE Spins Out Synchrony in a Whirl of 22 IPOs
ThinkstockWe have counted 22 initial public offerings (IPOs) on the schedule for this week, including just two holdovers from last week. Of the dozen companies that actually made it to the markets last week,…
The 4 Stocks That Tanked the Market
thinkstockJuly 25, 2014: Markets opened lower on Friday as the markets come to grips with some weak earnings forecast for the current quarter. Only the basic materials sector managed to avoid a downturn. The…
Fire Phone Launch Fails to Stop Amazon Stock Price Bleeding
When Amazon.com reported second-quarter earnings after the markets closed Thursday, the first highlight it listed for its just-ended quarter was its introduction of the Fire phone.
Chrysler Sales Surge in July
courtesy of ChryslerAutomakers are expected to release July sales numbers next Friday, but sales estimates have already begun to hit the tape. Sales of new vehicles are expected to post a seasonally adjusted annual…
El Pollo IPO Going Loco
El Pollo Loco sold 7.14 million shares in an initial public offering Friday morning. The opening price was more than 25% above the top of the expected price range.
Weekend Movies: Will Scarlett Johansson Beat Up on ‘The Rock’?
Universal Studios; Comcast Corp.Last week’s big movie, “Dawn of the Planet of the Apes,” pulled in more than $100 million in its first week, after an opening weekend of $72.6 million, but managed only…
AbbVie Earnings Take Back Seat to Shire Merger
AbbVie reported better-than-expected second-quarter 2014 results before markets opened Friday morning, due in part to strong sales of its Humira anti-inflammatory drug.
Short Sellers Pour Back Into 3D Printing Sector
ThinkstockShort interest rose in all four of the 3D printing companies we follow, and it rose very steeply in one of the four. In the prior two-week period, share price hikes indicated a likely…
Xerox Earnings a Virtual Copy of Recent Reports
Xerox reported second-quarter 2014 results before markets opened Friday morning. EPS guidance was in line with expectations. Shares were down in premarket trading.
Amazon Forsakes Profits for a Better Experience
By Steve Jurvetson CC-BY-2.0, via Wikimedia CommonsAmazon.com Inc. (NASDAQ: AMZN) reported second quarter 2014 results after markets closed on Thursday afternoon. The online retailer posted a diluted earnings per share (EPS) loss of $0.27…
The 4 Stocks That Held the Market Down
thinkstockJuly 24, 2014: Markets opened mixed again on Thursday as the DJIA once more lagged on weakness among some of the heavy-hitter blue chips. All three major indexes hovered around the flat line today…
Walmart Employees Group Cites Simon’s Leadership Failures
A labor group made up of employees of Walmart has been pushing the company for nearly two years to raise its minimum annual wage for full-time employees to $25,000.
Why Verizon Earnings Beat AT&T
AT&T believes that once its customers migrate to the company's new plans, equipment upgrades and data usage revenues will rise. That belief will be tested over the next several quarters.
Natural Gas Inventory Posts Another Weekly Gain, Prices Remain Low
thinkstockThe U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks increased by 90 billion cubic feet for the week ending July 18. Natural gas futures prices were trading up about…
June New Home Sales Collapse
ThinkstockThe U.S. Census Bureau Thursday morning released data on new single-family home sales for June. Sales fell 8.1% month-over-month, to a seasonally adjusted annual rate of 406,000, from a downwardly revised May sales figure…
Workers Won’t Miss Walmart U.S. Chief Bill Simon
When Wal-Mart named Doug McMillon to replace retiring CEO Mike Duke eight months ago, it was only a matter of time before Walmart U.S. chief Bill Simon left in search of greener pastures.
GM Earnings Hammered Again by Recalls
General Motors reported disappointing second-quarter 2014 results before markets opened Thursday morning. Results included recall-related charges of $1.2 billion.
Caterpillar Cuts Costs to Boost Earnings as Outlook Softens
Caterpillar reported mixed second-quarter 2014 results before markets opened Thursday morning. The heavy equipment company said it has seen no evidence of an upturn in the mining business.
Ford Earnings Get European Boost for First Time in 3 Years
Ford reported lower but better-than-expected second-quarter 2014 results before markets opened Thursday morning. It saw its first profit in Europe in three years.