RadioShack May Become Penny Stock
When RadioShack's market cap drops below $100 million, it will officially become a penny stock because the company has just over 100 million shares outstanding. We might not have too long to wait.
All Work
Paul Ausick
U.S. Oil Companies With the Most Exposure to Iraq
ThinkstockWhether or not you believe that the United States invaded Iraq in 2003 to preserve access to the country’s oil, the fact is Iraq sits on a lot of crude. According to the U.S.…
Natural Gas Inventory Build Under Pressure as the Heat Rises
thinkstockThe U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks increased by 107 billion cubic feet for the week ending June 6. That compared with an increase of around 111…
Twitter Loses Another Key Executive
In an SEC filing Thursday morning, Twitter said that Ali Rowghani has resigned as chief operating officer but will remain with the company "and act as a strategic advisor to the CEO."
New MLP Creation to Boost CONSOL and Noble
CONSOL Energy announced Thursday morning that it will join with its partner Noble Energyto form a master limited partnership that will provide midstream gathering services for the two companies' jointly owned assets in the…
Will Sharp Rise in Crude Increase Gasoline Prices?
ThinkstockThe turmoil in Iraq is raising concerns about the ability of the country to continue delivering about 3.3 million barrels of crude a day to the global supply. Iraq is currently the second-largest producer…
Lululemon Issues Earnings, Continues to Fall Apart
Lululemon Athletica reported better-than-expected first-quarter fiscal 2014 results before markets opened Thursday morning. But second-quarter guidance was soft.
The 4 Stocks That Tanked the Market
thinkstockJune 11, 2014: Markets opened lower on Wednesday and equities got a further beating following the slight drops on Tuesday. More profit-taking was partly the reason, but the World Bank also issued a report…
More Caution in 3D Systems After Investor Day
ThinkstockShares of 3D Systems Corp. (NYSE: DDD) got a little boost on Tuesday after the company raised its revenue outlook for the 2014 fiscal year from a prior range of $680 to $720 million…
IBM Nabs Third Place in Security Software Market
ThinkstockThe total worldwide market for security software reached $19.9 billion in 2013, up 4.9% over 2012. Year-over-year growth was slightly below expectations as mature markets are becoming saturated in key market segments. The data…
Google Glass and the Movies
A Texas-based theater chain has banned Google Glass at its movie houses, citing the threat of piracy from the device's recording capability. The company is about to open its first venue in California.
Why a Boeing 777 Sells for $320 Million
The Boeing Co.One of Wednesday’s major business stories is the cancellation of an order from Emirates Airline for 70 A350 aircraft from Airbus, a move that will cost the European airplane maker about $22…
Crude Oil Inventories Drop as Gasoline Inventory Rises
ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories decreased by 2.6 million barrels last week, maintaining a total U.S. commercial crude inventory to 386.9…
Short Interest Lagging in Chip Stocks
ThinkstockThe predominant feeling among short sellers of semiconductor stocks seems to be that now is a good time to look elsewhere. Only two of seven stocks saw a rise in short interest in the…
Short Interest Heats Up Again in Solar Stocks
ThinkstockThe solar sector doesn’t excite investors the way it did a few years ago, and short sellers have been about as enthusiastic. Prices have stabilized for solar products and that has been encouraging investors.…
Why Short Sellers Are Exiting the 3D Printing Sector
ThinkstockShort interest in three of the four 3D printing companies we follow fell in the past two-week period. It is no big secret that the sector has lost most of the positive momentum it…
Will Boeing Benefit From Emirates Air’s Airbus Cancellation?
Courtesy EADS/AirbusJust months before the Airbus A350 is scheduled to enter service, Dubai’s Emirates Airline cancelled its entire order for 70 of the planes. An Airbus spokesman said that the cancellation “is not good…
World Bank Forecasts 2014 Global Economic Growth at 2.8%
ThinkstockNow the World Bank is blaming the weather. In its latest Global Economic Prospects report, the forecast calls for the global economy to expand by 2.8% in 2014, led by the high-income, developed world…
Mortgage Rates, Loan Applications Both Rise
ThinkstockThe Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting an increase of 10.3% in the group’s seasonally adjusted composite index, following a drop of 3.1% for the previous…
AIG Names New CEO
Wikimedia CommonsAmerican International Group Inc. (NYSE: AIG) announced after markets closed on Tuesday that Peter D. Hancock who is currently an executive vice president and CEO of AIG Property Casualty will succeed Robert H.…