Shares of gun stocks Sturm Ruger & Company Inc RGR 0.86% and Smith & Wesson Holding Corp SWHC 2.15% are getting a bit of a boost this week after the FBI reported yet another record month of NICS background checks and Sturm Ruger delivered a Q3 earnings beat. October’s NICS number came in at a…
The global oil market has stabilized somewhat since oil prices were trading below $30/bbl earlier this year. However, offshore oil services stock Franks International NV FI 1.86% is still struggling to find its footing.
The market wasn’t particularly impressed by last week’s Tesla Motors Inc TSLA 0.9% earnings report. In the week following the report, Tesla shares have dropped more than 6.3 percent.
L Brands Inc LB 0.81% shares are tumbling 8.3 percent on Tuesday following negative commentary from management and a 2016 full-year guidance cut. Following Tuesday’s drop, shares of the battered retailer are now down 31.1 percent in 2016.
Macau is on its first winning streak since 2014.
In 2015, automakers sold a record 17.5 million cars and light trucks in the US. Unfortunately for auto investors, the days of record sales may have come to an end.
Baker Hughes Incorporated BHI 0.26% shares are down about 6 percent following an announcement that General Electric Company GE 0.38% and Baker Hughes will be merging their oil & gas assets into a brand new company.
The healthcare facility space lost one of its 10 largest players on Monday when Blackstone Group LP BX 0.75% announced a $3.2 billion buyout of TeamHealth Holdings Inc TMH 0.36%. News of the deal sent TeamHealth shares climbing 16.3 percent in early Monday trading.
On Tuesday, New Jersey drivers will begin paying an extra 23 cents in taxes for every gallon of gas they buy. New Jersey Gov. Chris Christie recently signed into law a bill that will raise the state’s gas taxes for the first time in 30 years.
Baker Hughes Incorporated BHI 0.26% shares were surging higher early Monday following an official announcement of a deal with General Electric Company GE 0.38%. While the merger/spinoff deal is certainly good news for Baker Hughes shareholders, the terms of the deal are far from the typical buyout. GE will be combining its oil & gas…