Will Nissan Recall Woes Mirror GM’s Recall?
Nissan Motor Co.Just when Nissan was making some headway with new car sales, the company has begun a voluntary recall program of nearly a million 2013 and 2014 Altimas, Leafs, Pathfinders and Sentras. The…
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Paul Ausick
Ohio Could Be First of Many Victories for Tesla
Two weeks after being shut out of New Jersey, Tesla Motors has saved its sales business in Ohio. Tesla gets to keep its existing stores in Columbus and Cincinnati and can open a third…
U.S. Gasoline Inventory Tanks, Even While Crude Supply Surges
ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories increased by 6.6 million barrels last week, maintaining a total U.S. commercial crude inventory to 382.5…
King Signals Growing Caution in Big Name IPOs
King Digital Entertainment, the Ireland-based maker of the hugely popular Candy Crush Saga game for mobile devices, held its IPO Wednesday morning. In the first few minutes of trading shares fell as much as…
Telecoms Liven Up Short Interest in Big Dividend Stocks
ThinkstockThe short interest data for the first two weeks of March is out, and the results among the top high-yield safe dividend stocks are mixed. The biggest changes took place in the two major…
Insmed Joins Biotech Trash Heap
When a drug trial goes bad, the hit to a drug maker's stock is instant and spectacular. Wednesday it will be Insmed in the spotlight. Shares were down nearly 25% in premarket trading.
Refinancing Tumbles as Mortgage Rates Start Rising
ThinkstockThe Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting a decrease of 3.5% in the group’s seasonally adjusted composite index. That followed a rise of 0.2% for the…
3D Printing Stock Prices Fall Faster Than Short Interest Rises
ThinkstockShort interest in the 3D printing companies was mixed in the most recent two-week reporting period. Partly that is due to the poor performance of the stocks since the beginning of the year. The…
The 4 Stocks That Charged the Market Higher
thinkstockMarch 25, 2014: Markets opened higher on Tuesday but dipped sharply in the late morning on weakness in consumer discretionary, financial, and biotech stocks. The Dow and the S&P 500 held on to decent…
FAA Orders Boeing to Make Software Fix on 747s
Courtesy of Boeing Co.The U.S. Federal Aviation Administration (FAA) on Tuesday issued an airworthiness directive to The Boeing Co. (NYSE: BA) requiring the company install new software that could prevent a crash on the…
What Is a Fair Value for Plug Power and FuelCell Energy?
Since the beginning of the year, fuel cell makers Plug Power and FuelCell Energy have posted share price gains of around 289% and 76%, respectively, with most of the spike coming since mid-February.
February New Home Sales at Highest Level Since 2008
ThinkstockThe U.S. Census Bureau Tuesday morning released data on new single-family home sales for February. Sales fell 3.3% month over month, to a seasonally adjusted annual rate of 440,000 from a downwardly revised January…
Lower Revenue and High Fuel Costs Sink Carnival
Carnival reported better-than-expected first-quarter fiscal 2014 results before markets opened Tuesday morning, but also offered soft guidance, and shares fell in early trading.
Will Reverse Merger Resurrect Kim Dotcom?
Courtesy Mega Ltd.Internet entrepreneur — and wanted man — Kim Dotcom has agreed to acquire a New Zealand shell company, TRS Investments, in a reverse merger with his latest company, Mega Ltd. The all-stock…
Walgreen Margins Drop, Chop Profits
Walgreen reported disappointing second-quarter fiscal 2014 results before markets opened Tuesday morning, though prescription sales and front-end sales were higher.
U.S. Economic Expansion to Quicken in 2014
ThinkstockThe unusually cold and snowy weather that persisted through the first months of 2014 is likely to trim 0.4% from U.S. real GDP growth in the first quarter. But things will get better for…
The 4 Stocks That Pushed Stocks Lower on Monday
thinkstockMarch 24, 2014: Markets opened slightly higher on Monday but soon took a turn south and spent most of the day solidly down. Biotechs, healthcare, discretionary, and tech stocks were all weaker today. In…
Apple iPhone 6 Likely Due Late Summer or Early Fall
Courtesy of Apple Inc.The launch of the next iPhone from Apple Inc. (NASDAQ: AAPL) dominates the conversation about Apple practically from the date the latest iPhone is launched. The expected release of the iPhone…
Boeing Over Budget on Air Force Tanker: Reuters
The KC-46A aerial tanker contract that Boeing won in 2011 just suffered another budget increase. The program's development costs have risen by nearly $1.1 billion, according to an exclusive report by Reuters.
Credit Card Giants Resume Russia Transaction Processing
After saying last Friday that they would not be processing transactions for Russian banks, Visa and MasterCard resumed such processing on Saturday. Bank owners were on a list of Russian officials and businesspeople targeted…