The 4 Stocks That Sank the Market
thinkstockJuly 10, 2014: Markets opened lower on Thursday after picking up some solid gains on Wednesday. Traders were nervous after a Portuguese bank said it was delaying a debt payment, but stocks bounced back…
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Paul Ausick
Natural Gas Inventory Increases Slow Down
thinkstockThe U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks increased by 93 billion cubic feet for the week ending July 4. That compared with an expected increase of around…
15 Cities at Greatest Risk From Storm Surges
More than 6.5 million homes along East and Gulf Coasts are at risk of inundation from a storm surge, with a potential $1.5 trillion rebuilding cost. New York City faces the most potential property…
Boeing 20-Year Forecast Calls for $5.2 Trillion Plane Market
Over the next 20 years to 2033, Boeing expects the commercial market for jet aircraft to total $5.2 trillion. The world's airlines will acquire a total of more than 22,000 new planes during that…
June Retail Sales May Be Softer Than Expected
ThinkstockRetailers are announcing June U.S. same-store sales figures Thursday. Research firm Retail Metrics projected an overall gain of 4.9% year-over-year, marking the largest monthly gain since January 2013. After the weather-related sales weakness in…
Family Dollar Earnings Will Bring More Pressure From Carl Icahn
Family Dollar Stores reported mixed third-quarter fiscal 2014 results before markets opened Thursday morning. Shares were down fractionally in premarket trading.
The 4 Stocks That Lifted the Market
thinkstockJuly 9, 2014: Markets opened mixed on Wednesday following a lower close on Tuesday. The afternoon release of the minutes from the June FOMC meeting boosted the blue chips briefly to daily highs. Shortly…
FOMC Minutes Signal October End to Asset Purchases
ThinkstockThe Federal Reserve released the minutes of the June meeting of its Federal Open Market Committee (FOMC) on Wednesday afternoon. The minutes indicate that the FOMC plans to end its monthly asset purchases in…
June Retail Sales Growth Forecast at 18-Month High
ThinkstockIf the forecast for retail sales growth is accurate, U.S. retail same-store sales will rise 4.9% in June, marking the largest monthly gain since January 2013. Including comparable store sales already reported from drug…
Why Boeing Stock Did Not React to $56 Billion Order for 777X Aircraft
Dubai-based airline Emirates has finalized a commitment to purchase 150 777X passenger jets from Boeing for a list price total of $56 billion. There was little reaction in the share price.
Gasoline and Crude Oil Prices Falling as Refiners Increase Output
ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories decreased by 2.4 million barrels last week, maintaining a total U.S. commercial crude inventory to 382.6…
Why Container Store Is Now at Post-IPO Low!
The Container Store Group posted a new post-IPO low Wednesday morning following a dismal earnings report. The worse news, though, came in Container Store's guidance.
American Apparel Claims Charney is Still Its CEO — Update
courtesy of American Apparel imageUPDATE: Hedge fund Standard General has reached a preliminary agreement to supply $25 million in financing to American Apparel as the company tries to stabilize its finances and reconstitutes its…
Why a Boeing 787-9 Costs $250 Million
The 787 Dreamliner is Boeing's most advanced airplane, and arguably the most challenging to get into production. It took nearly eight years to get off the drawing board and into service.
Mortgage Interest Rates Up Slightly in Holiday Week
ThinkstockThe Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting an increase of 1.9% in the group’s seasonally adjusted composite index. That followed a drop of 0.2% for the…
The 4 Stocks That Tanked the Market
thinkstockJuly 8, 2014: Markets opened down on Tuesday following a down-day Monday. The Nasdaq was particularly hard hit as the tech and biotech sectors were absolutely hammered. Shortly before the closing bell the DJIA…
FCC Names Power Lineups to Review Big Media Mergers
thinkstockThe Federal Communications Commission (FCC) has named its investigative teams to review whether or not the massive media mergers that have been announced are actually in the public interest — as the major players…
How Badly Could Boeing Be Hurt If Ex-Im Bank Closes Down?
The Boeing Co.The Tea Party wing of the Republican party has declared that it will not support the reauthorization of the U.S. Export-Import (Ex-Im) Bank when the bank’s charter comes up for renewal at…
EIA Forecasts Higher Gasoline Prices in 2014
ThinkstockThe July forecast from the U.S. Energy Information Administration (EIA) calls for the price of a gallon of gasoline to fall from a second-quarter average of $3.68 to an average of $3.64 in the…
BMW Global Sales Top a Million for First Half of 2014
courtesy of The Car Spy, via Wikimedia CommonsFor the first time in its history, BMW has sold more than a million cars in the first six months of the year. Through June 2014, the…