Sirius XM Keeps Top Spot Among Most Shorted Nasdaq Stocks
Short sellers shied away from three of the top five most shorted stocks on the Nasdaq between the August 15 and August 29 settlement dates.
All Work
Trey Thoelcke
Xerox Hits Another Multiyear High
Morgan Stanley analysts reiterated their Outperform rating on Xerox Thursday, which seems to have been enough to lift Xerox shares to a new multiyear high.
Chicago Business Barometer Rebounds in August
The Chicago Purchasing Manager Index (PMI) rose more-than-expected last month to a seasonally adjusted 64.3.
How Much Can RadioShack Expect to Get From Standard General?
RadioShack shares are still soaring on Thursday after reports that shareholder Standard General may offer rescue financing.
Short Interest Swings in High-Yield Dividend Stocks
4/7 Wall St. reviews short interest in the higher-yield defensive dividend stocks for a sense of what short sellers may be thinking.
Are E-Cigarettes Just as Harmful as Tobacco?
ThinkstockThe scientific journal Addiction has reviewed the available research on the use, contents and safety of e-cigarettes and determined that they likely are much less harmful to users or bystanders than conventional cigarettes. The…
CBS Joins the 5 Most Shorted NYSE Stocks
Wikimedia CommonsCBS saw a sharp rise in short interest between the June 30 and July 15 settlement dates, lifting it into the top five most shorted stocks on the New York Stock Exchange. Among…
The 5 Most Heavily Shorted Nasdaq Stocks: Who Bucked the Trend?
bfishshadow via Wikimedia CommonsShort sellers shied away from four of the top five most shorted stocks on the Nasdaq between the June 30 and July 15 settlement dates. The outlier was Frontier Communications, which…
United Tech Earnings Beat, Rosy Outlook Can’t Stop Pullback
Posting better-than-expected results for the most recent quarter, along with an improved earnings outlook for the full year, could not halt the recent slide in shares of United Technologies.
Comcast Earnings Buoyed by Growth in Business Services, Internet Customers
courtesy of ComcastComcast Corp. (NASDAQ: CMCSA) reported second-quarter results before markets opened Tuesday. The cable operator posted adjusted earnings per share (EPS) of $0.76 on revenues of $16.84 billion. In the same period a…
Investors Unfazed by Board Changes at Tech Giants
Investors appear largely unfazed by announced board changes at tech giants Hewlett-Packard and Google. The interim chair of the former has stepped down, and Alan Mulally has joined the latter.
Whiting Becomes Biggest Bakken Shale Player With Buyout of Kodiak
Savings and scale appear to be the primary reasons behind the impending merger of Kodiak Oil & Gas and Whiting Petroleum, that he two exploration and production companies announced Sunday.
San Diego Utility to Test Drones
ThinkstockOn Friday, San Diego Gas & Electric announced that it was the first utility in the United States to be granted approval from Federal Aviation Administration (FAA) to test drones and to train flight crews.…
Weyerhaeuser Joins the 5 Most Shorted NYSE Stocks
ThinkstockWeyerhaeuser saw a sharp rise in short interest between the June 13 and June 30 settlement dates, lifting it into the top five most shorted stocks on the New York Stock Exchange. Among these…
Apple Short Interest Drops by 13 Million
Courtesy of Apple Inc.Apple held on to its spot among the top five most shorted stocks on the Nasdaq between the June 13 and June 30 settlement dates, even though short sellers shied away.…
United Continental Gives Airlines a Lift
United Continental offered a lift to airline stocks on Thursday after announcing late Wednesday that its passenger revenue per available seat mile increased more than expected.
Washington State Issues First Retail Marijuana Licenses
ThinkstockWashington state issued its first retail marijuana licenses on Monday. The state’s Liquor Control Board notified two dozen stores so they could prepare before they are allowed to open their doors at 8 a.m.…
OECD Projects Slowing Global Growth, Rising Income Equality to 2060
ThinkstockA new study from the Organisation for Economic Co-operation and Development (OECD) projects that global economic growth will slow and income inequality will continue to rise to 2060. The “Policy Challenges for the Next…
FAA Behind Schedule Bringing Drones Into U.S. Airspace
ThinkstockAn audit report from the Department of Transportation’s Inspector General warns that Federal Aviation Administration (FAA) is “significantly behind schedule” in meeting the September 2015 deadline set by Congress for integrating commercial unmanned aircraft…
Five Stocks That Could Benefit From Lifting of Oil Export Ban
A new research report from Oppenheimer views the decision by the U.S. Department of Commerce to allow some export of oil condensate as a first step in the right direction.