FuelCell Earnings to Drag Its Rivals
FuelCell Energy opened at $2.02 Wednesday, after the company posted disappointing results Tuesday night. Shares have cut their opening loss by more than half.
All Work
Paul Ausick
Refiners Running at Higher Rates as Demand Rises
ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories decreased by 3.4 million barrels last week, maintaining a total U.S. commercial crude inventory to 389.5…
Apple’s U.S. Smartphone Market Share Sliced
For the three months ending in April, Samsung Electronics gained 1% of market share from Apple and other smartphone makers to grow its share of the U.S. smartphone market to 27.7%.
Folgers, Dunkin’ Brand Coffee Prices Rise 9%
After hitting a peak of around $2.15 a pound in mid-April, coffee prices have moderated to around $1.70 a pound for arabica beans. So why did J.M. Smucker announce that it was raising its…
U.S. and China Solar Tariff Fight Intensifies
ThinkstockWhen the United States in early 2012 imposed tariffs of up to 35% on solar panels imported from China, the goal was to prevent the Chinese solar panel makers from dumping their production at…
Mortgage Rates Drop, So Do Applications
ThinkstockThe Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning. It noted a decrease of 3.1% in the group’s seasonally adjusted composite index, following a drop of 1.2% for the…
FuelCell Energy Earnings Reality Check Gets a Tad Better
FuelCell Energy reported mixed second-quarter fiscal 2014 results after markets closed Tuesday. Shares traded down about 16% in after-hours trading.
The 4 Stocks That Tanked the Market
thinkstockJune 3, 2014: Markets opened slightly lower on Tuesday and never really recovered. Trading was moderate again today and the index losses were small in most sectors. Shortly before the closing bell the DJIA…
Housing Survey Confirms: Americans Still Worried
ThinkstockNearly 20% of Americans believe that the worst part of the housing crisis that began seven years ago is still to come. Fully 70% continue to believe that the U.S. is still in the…
GM Sales Rise Sharply Despite Recalls
When automakers reported May sales Tuesday morning, General Motors posted a gain of 13% year-over-year. Retail sales of all the company's brands are up year-to-date.
May Car Sales and Outlook Remain Strong
courtesy of ChryslerAutomakers reported May U.S. sales throughout the morning Tuesday, and sales for the month at all carmakers except Volkswagen were higher. The German firm’s sales were down more than 15% year-over-year in…
Why a Boeing 747-8 Costs $357 Million
The first 747-100 from Boeing was put into service in 1970, and those first planes sold at a list price of $24 million. Adjusting for inflation, that same 747 would sell today for $146.6…
Home Prices Up Double Digits in Five States
ThinkstockHome prices in the United States rose for the 26th consecutive month in April. Compared with April of 2013, home prices rose 10.5%, including the sales of distressed properties. Also, April home prices rose…
Hillshire Gets a Sweetened Offer From Pilgrim’s Pride
Pilgrim's Pride raised its buyout offer for Hillshire Brands to $55 a share late Monday. The offer is all cash and is valued at $7.7 billion.
Herbalife Claims Victory From Court Ruling
Following an appeals court ruling delivered late Monday, Herbalife issued a statement declaring that the decision "validates product consumption as a legitimate measure of demand for multi-level marketing companies."
Dollar General Affirms Guidance After Missing Estimates
Dollar General reported disappointing first-quarter 2014 results before markets opened Tuesday morning. The discount retailer reiterated its guidance for full-year 2014 sales.
Apple Announces Nothing at Developer Conference
courtesy of Apple Inc.It’s difficult to say whether the dullness we felt after the opening session of Apple Inc.’s (NASDAQ: AAPL) Worldwide Developer’s Conference (WWDC) was due to the fact that virtually every announcement…
The 4 Stocks That Ruled the Market
thinkstockMay 29, 2014: Markets opened slightly higher on Monday but sank following an erroneous report on the ISM manufacturing index that was later corrected. But the correction remained below both April’s figure and the…
Sears Stock Dives Again
Jim Henderson, via Wikimedia CommonsAfter Sears Holdings Corp. (NASDAQ: SHLD) posted first quarter earnings on May 22nd the stock price actually rose from a closing price the night before of $36.56 to close above…
AAA Sees High Summer Gas Prices
Courtesy Porsche Cars North America Inc.Now that the Memorial Day holiday is behind us and the summer driving season is “officially” underway, AAA is warning motorists that gasoline prices are expected to remain high…