Hilton Biggest of Six IPOs Today
ThinkstockHilton Worldwide Holdings Inc. (NYSE: HLT) began trading Thursday morning after pricing its initial public offering (IPO) at $20 a share last night. But it was one of a whopping total of six IPOs…
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Paul Ausick
Auto Fuel Economy Improvement Led by Mazda, Honda
Courtesy Toyota Motor Corp.The U.S. Environmental Protection Agency (EPA) released its latest report on fuel economy trends and carbon dioxide emissions Thursday. The data includes fuel economy ratings through model year 2012 and preliminary…
Mexico Nears End of State Monopoly on Oil
ThinkstockThe Mexican Senate Wednesday approved a change to the country’s constitution that would end the government’s 75-year monopoly on crude oil production. The bill was sent along to the House of Deputies where it…
Pepsi Kicks Coke Out at Buffalo Wild Wings
Wikimedia Commons, Public DomainPepsico Inc. (NYSE: PEP) has scored a win over chief rival The Coca-Cola Co. (NYSE: KO), taking the soft drink business at the more than 975 U.S. locations of Buffalo Wild…
The Most Heavily Shorted Stock in America
courtesy of Sirius XM RadioWhat’s not to like about Sirius XM Holdings Inc. (NASDAQ: SIRI)? The satellite radio company created from the 2008 merger of Sirius and XM Radio has a market cap of…
Lululemon Outlook Means Stock Is Too Expensive
lululemonAfter yoga clothing maker Lululemon Athletica Inc. (NASDAQ: LULU) reported third-quarter earnings Thursday morning, shares fell about 9%, even though the company’s earnings per share (EPS) and revenues both beat consensus estimates. The trouble…
Airline Profits Seen Rising in 2013 and 2014
ThinkstockThe decline in prices for jet fuel is the primary reason for a rise in the outlook for airline profits in 2013, according to the International Air Transport Association (IATA). Ancillary revenues, the IATA’s…
Natural Gas Demand to Rise 65% Over Next 25 Years: Exxon
Wikimedia CommonsThe largest U.S. producer of natural gas forecasts that global demand for gas will rise by about 65% by 2040 as natural gas is on track to supply 25% of global energy requirements.…
Hilton Prices IPO; Valero Midstream Spinoff Trades Up on First Day
ThinkstockOne of the largest initial public offerings of the year has reportedly priced at $20 a share on Wednesday night and will begin trading Thursday morning. The expected pricing range had been $18 to…
The 5 Stocks That Moved the Market on Wednesday
thinkstockDecember 11, 2013: Markets opened lower again on Wednesday morning on another day of relatively light trading and yet more profit-taking. The DJIA closed down 0.81%, the S&P 500 closed down 1.13%, and the…
U.S. Shoppers Took a Break Last Week
ThinkstockShopper traffic fell 21.6% year-over-year in the week ending December 8th according to the latest survey data from ShopperTrak released Wednesday. Sales compared with the same period a year ago were , down 2.9%.…
Xbox One, PlayStation 4 Availability Challenges Holiday Sales
MicrosoftIn an announcement Wednesday morning touting its sale of more than 2 million of its new Xbox One game consoles, Microsoft Corp. (NASDAQ: MSFT) said, “Demand is exceeding supply in our 13 launch markets…
U.S. Natural Disaster Risks Climb
ThinkstockNatural disasters in the United States, such as floods, hurricanes, tornadoes and wildfires, are becoming more common and more costly, both in dollar terms and in terms of lives lost. And while 2013 did…
Solar Short Interest Continues to Be Volatile
ThinkstockWe continue to track the short interest changes in a number of solar PV and installation companies. The following information is based on data reported as of November 29. For China-based firms, the percentage…
Can Short Sellers Anticipate Another Payday from 3D Printing Sector?
ThinkstockWe continue to track the short interest changes in the primary 3D printer and services companies. The following information is based on data reported as of November 29. Short interest in 3D Systems Corp.…
One Standout Among Homebuilder Stocks for 2014
ThinkstockThe first half of 2013 was very good for homebuilder stocks. The five largest builders (by market capitalization) hit their 52-week highs before mid-May, and it has been a gradual downhill slide since then.…
Home Depot Outlook Strong, Perhaps Not Strong Enough
ThinkstockAt the company’s investor and analyst conference on Wednesday, home improvement giant Home Depot Inc. (NYSE: HD) will reaffirm its guidance for the current fiscal year, offer financial targets for fiscal 2014 and announce…
Mortgage Loan Rates Sharply Higher This Week
ThinkstockThe Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting an increase of 1% in the group’s seasonally adjusted composite index, following a drop of 12.8% for the previous…
The 4 Stocks That Moved the Market on Tuesday
thinkstockDecember 10, 2013: Markets opened lower on Tuesday morning on another day of relatively light trading and likely some more profit-taking. The DJIA closed down 0.33%, the S&P 500 closed down 0.32%, and the…
GM Dominates Car and Truck of the Year Finalist List
General Motors Co.To put a punctuation mark on a day when the company named a new CEO, General Motors Co. (NYSE: GM) on Tuesday placed three vehicles on the list of six finalists for…