Ford Blows Its Own Horn on Retail Sales
Automakers are expected to report December sales on Friday, but Ford issued an announcement on Monday morning claiming that it will sell 2.4 million vehicles in 2013 and it will retain its lead as…
All Work
Paul Ausick
More Write-Downs Coming at Gold Miners
ThinkstockSince the beginning of the year, gold miners stocks are down between 40% and 50% as the price of gold has dipped by 30%. It is about to get worse for the miners. Like…
Short Sellers Retreat From 3D Printing Sector
Share prices in the 3D printer companies generally increased somewhat in the first two weeks of December. Voxeljet has seen the biggest rise in short interest, but the pace of that growth has slowed…
A First Look at Holiday Shopping Trends
An early report on overall holiday sales -- online and in stores -- indicates that while sales rose, the rise was somewhat smaller than expected. The jump in online sales is the big news,…
BlackBerry Founders Back Away From Takeover Plan
In a filing with the U.S. Security and Exchange Commission on Christmas Eve, BlackBerry co-founders Mike Lazaridis and Doug Fregin have ended their effort to take over the company.
McDonald’s Blames Outside Groups for Controversy
On Monday, the McResources website for employees of McDonald's suggested that employees avoid eating too much fast food, and showed a photo of something that looks very much like a McDonald's meal labeled as…
The 4 Stocks That Moved the Market on Tuesday
thinkstockDecember 24, 2013: Markets opened higher on a shortened Tuesday trading day. The Nasdaq bounced lower a few times in the first 90 minutes of trading, but soon enough sorted itself out. Trading volume…
Retail Sales Outlook Not So Festive
Research firm Retail Metrics released its preliminary estimates for December same-store sales Tuesday morning, along with its fourth-quarter outlook for same-store sales growth. Neither is headed toward the levels expected a month or six…
A Vote of Confidence for 3D Systems and CalAmp
ThinkstockCanaccord Genuity has lifted its price target on two tech firms, one very avidly followed and heavily traded, and the other significantly smaller and less actively traded. 3D Systems Inc. (NYSE: DDD) has the…
Mortgage Loan Rates on a Steady Climb
The Mortgage Bankers Association (MBA) weekly report on mortgage applications noted a decrease of 6.3% in the group's seasonally adjusted composite index.
Holiday Retail: A Boom for Electronics and Apps Sales, a Likely Bust for Apparel
The signs have been pointing to a good holiday sales season for electronic gear like smartphones and tablets. But for many for the brick-and-mortar retailers, like Old Navy and Abercrombie & Fitch, the news…
Kinder Morgan Goes to Sea
Kinder Morgan Energy Partners L.P. (NYSE: KMP) has acquired its first sea-going fleet -- five Jones Act-qualified tankers -- and is set to to file an application to add 590,000 barrels a day on…
The 4 Stocks That Moved the Market on Monday
thinkstockDecember 23, 2013: Markets opened higher on Monday and remained well above the flat line all day. More opportunistic buying among value seekers probably gets the credit for the index increases on a light…
Disney Adds Twitter Founder to Board, Lowers Average Age
courtesy of the Walt Disney Co.Jack Dorsey, founder and chairman of the board at Twitter Inc. (NYSE: TWTR) and founder and CEO at electronic payment firm Square Inc., has been elected to the board…
Did Short Covering Boost J.C. Penney Stock Monday?
ThinkstockAt the end of November, some 29% of J.C. Penney Co. Inc. (NYSE: JCP) was held by short sellers. A total of 87.7 million shares were short for a stock that trades more than…
Local Boeing Union Posts Reasons to Vote Against Latest Contract Offer
Courtesy Boeing Co.The full-membership vote on the revised contract offer from Boeing Co. (NYSE: BA) is being forced on union local 751 by its parent organization, the International Association of Machinists and Aerospace Worker…
Americans’ Income Inches Higher, Spending Picks Up Again: Census Bureau
New U.S. Bureau of Economic Analysis data show that personal income in current dollars grew by 0.2% month over month and personal spending rose by 0.5% in November.
Apple-China Mobile Deal Points to Some Winners Among Semiconductor Stocks
The obvious benefits to Apple Inc. (NASDAQ: AAPL) and China Mobile Ltd. (NYSE: CHL) from the deal announced Sunday night also trickle down to semiconductor makers that supply Apple with memory and RF chips…
Apple iPhone Deal a Good One for China Mobile
While the weekend deal between Apple Inc. (NASDAQ: AAPL) and China Mobile Ltd. (NYSE: CHL) was important for Apple, it was probably more important to China Mobile. Here's why.
Boeing Has Outmaneuvered Its Union
Courtesy Boeing Co.The international labor union representing some 32,000 workers at Boeing Co. (NYSE: BA) has forced a January 3 vote on a revised contract offer that Boeing has said must be approved if…