Early Report on Black Friday Online Sales: Up 7%
ThinkstockAt noon ET on Black Friday, online sales are up 7% compared with the same period a year ago and the average order value this year is $142.33. The data is collected and reported…
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Paul Ausick
Top Ten Retailer Stocks On Black Friday
ThinkstockRetailers are well into their Black Friday shopping day by now and we thought we’d take a look at how the stocks at ten leading retailers are reacting to early news of shopper enthusiasm.…
3D Printer Maker Organovo Files to Sell Shares
Organovo Holdings Inc.Organovo Holdings Inc. (NYSEMKT: ONVO) is one of the more unusual 3D printing companies around. Instead of using plastic or metal as its printer medium the company has developed a way to…
Second Natural Gas Pipeline Explodes; That’s Two in Two Weeks
ThinkstockA 30-inch natural gas pipeline owned by Energy Transfer Partners LP (NYSE: ETP) exploded in rural Missouri shortly before midnight on Thursday, the second gas pipeline explosion in as many weeks. The first occurred…
Favorite American Thanksgiving Day Sport: Football or Shopping?
courtesy Wal-Mart Stores Inc.Wal-Mart Stores Inc. (NYSE: WMT) said this Black Friday morning, that it processed more than 10 million register transactions between 6 p.m. and 10 p.m. on Thanksgiving day and that more…
Kinder Morgan Ready to Drive Final Nail into Keystone XL Coffin?
Kinder Morgan Energy Partners LPKinder Morgan Canada, a division of Kinder Morgan Energy Partners LP, (NYSE: KMP), is preparing to file a formal application with the Canadian government to nearly triple the size of…
Wednesday Closing Bell: Markets Close Higher as Shop-ageddon Nears
November 27, 2013: U.S. equity markets opened higher again Wednesday morning following a better-than-expected report on new claims for jobless benefits and a slightly worse-than-expected report on durable goods orders. Consumer sentiment rose more…
Stock Falls After 3D Printer Developer Camtek Clarifies Product Plans
ThinkstockShares of tech industry testing and inspection systems maker Camtek Ltd. (NASDAQ: CAMT) closed at $1.89 on November 7th, the day the company announced third-quarter earnings. It closed at $2.65 last Friday and skyrocketed…
In Advance of Black Friday, Two Stock Picks in Retail
ThinkstockIn the Thanksgiving holiday edition of its Weekend Warrior newsletter, Sterne Agee offers a couple of stock picks, one outstanding holiday pricing ad, and a weather forecast. That should about cover the bases. The…
FAA Warning: Boeing 747,787 Engine Icing Could Lead to Forced Landings
Courtesy of Boeing Co.As promised, the U.S. Federal Aviation Administration (FAA) on Wednesday issued a formal airworthiness directive on The Boeing Co.’s (NYSE: BA) 747-8, 747-8F, and 787-8 aircraft equipped with the GEnx engines…
Hewlett-Packard Earnings: Who Wins, Who Loses
courtesy of Hewlett-PackardTech giant Hewlett-Packard Co. (NYSE: HPQ) reported results after markets closed Tuesday night, and investors liked what they heard, pushing the stock price up more than 8% in mid-morning trading on Wednesday.…
Consumer Sentiment Shows Signs of Life in Time for Black Friday
ThinkstockFollowing the better news earlier Wednesday morning from the U.S. Labor Department on new claims for unemployment benefits, the latest reading on consumer sentiment from the Thomson Reuters/University of Michigan survey adds a little…
Marathon Commits to Enbridge Crude Oil Pipeline Project
ThinkstockMarathon Petroleum Corp. (NYSE: MPC) has committed to funding a portion of the Sandpiper Pipeline Project being proposed by Enbridge Energy Partners L.P. (NYSE: EEP) and Enbridge Inc. (NYSE: ENB). The 610-mile long, 24-inch…
New Jobless Claims, Durable Goods Orders Both Lower
Ed Brown, via Wikimedia CommonsA veritable blizzard of economic data is set for release Wednesday, just in time to give everyone something to chew over before the Thanksgiving holiday. First out are the advance…
Holiday Shopping Online More Popular Than Ever: Gallup
ThinkstockNow that Black Friday is virtually upon us and retailers are gearing up for what they hope will be a robust holiday shopping season, the folks at Gallup have published a survey Wednesday morning…
Mortgage Loan Rates Ticking Up Again
ThinkstockThe Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting a decrease of 0.3% in the group’s seasonally adjusted composite index. That followed a drop of 2.3% for the…
Hewlett-Packard Cuts Costs Enough to Satisfy Investors
courtesy of Hewlett-PackardHewlett-Packard Co. (NYSE: HPQ) reported fourth quarter and full-year 2013 results after markets closed Tuesday evening. For the quarter the hardware maker reported adjusted diluted earnings per share (EPS) of $1.01 and…
Tuesday Closing Bell: Markets Run with the Bulls
November 26, 2013: U.S. equity markets opened higher again Tuesday morning following a rise in the Case-Shiller house price index and a larger than expected rise in the number of new building permits issued.…
Another Way to Play the 3D Printing Boom: Invest in Media that Covers the Industry
ThinkstockOne lightly traded stock making a big move today is Mediabistro Inc. (NASDAQ: MBIS), an Internet media company that offers a variety of services in a number of vertical media markets. The company today…
Google Launches Low-Cost Moto G Phone in Time for Holiday Buyers
Google Inc.Earlier this month Google Inc. (NASDAQ: GOOG) launched its low-priced Moto G smartphone at an event in Brazil and the phone was scheduled to launch in the U.S. early next year. On Tuesday,…