Category: Industries

November 15, 2018

Gas prices are plunging as the Thanksgiving holiday travel period approaches. A dramatic drop in oil prices over the last several weeks is fueling the decline. Gas prices neared a four-year high in October, when they briefly topped $2.90 per […]

November 14, 2018

U.S. oil prices wavered early Wednesday as investors continued to wrestle with rising crude supplies against lingering questions about demand. West Texas Intermediate oil for December delivery CLZ8, +0.61% rose 23 cents, or 0.4%, at $55.91 a barrel, after settling […]

November 13, 2018

Shares of Apple Inc. took a dive Monday to a 3 1/2-month low, as a profit and revenue warning from an optical equipment supplier suggested investor worries that iPhone demand may be weakening was becoming reality. Apple’s stock AAPL, -0.52% […]

November 12, 2018

The Camp Fire in Northern California and the Woolsey Fire in suburban Los Angeles continue to burn, with the death toll reaching 31 as weather remains dry throughout the state. More than 6,700 structures have been lost in the raging […]

November 8, 2018

With her re-election this week, California Rep. Maxine Waters is set to lead the House Financial Services Committee when the next session of Congress begins in January, and that is potentially bad news for President Donald Trump. As head of […]

November 7, 2018

Target rose in premarket trading Wednesday after Cowen analysts said the retailer had strong momentum and the opportunity to gain market share selling toys and other children’s merchandise. The analysts upgraded the shares to outperform from market perform and raised […]

November 6, 2018

Apple has long been a market darling, but it’s gotten sliced and diced recently. Shares of Apple were trading higher on Tuesday, but the stock has sunk 13 percent from its all-time high hit last month, shedding $145 billion in […]

November 5, 2018

Oil futures pushed higher in choppy trade Monday, erasing earlier weakness in an attempt to bounce back from a sharp October selloff that pushed both the global and U.S. benchmarks into correction territory, as sanctions on Iran take effect but […]

November 5, 2018

One Wall Street brokerage just did an about-face on Netflix, telling clients the the stock’s 27 percent decline from its July high represents an attractive buying opportunity. In a rare move, Buckingham Research raised its rating two notches to buy […]

November 2, 2018

The latest analyst figures for global smartphone shipments show the market for the devices is now in a recession. IDC reported a 6% year-on-year decline in third-quarter shipments, down to 355.2 million units. Strategy Analytics put the total at 360 […]