U.S. factory production up, more claims in General Motors (GM) ignition switch recall and Apache (APA) selling stake in two natural gas projects.

Bourbon & Bayonets

Markets were heading lower on Monday morning after it was reported that U.S. factory production jumped higher in November. The Federal Reserve announced that production grew 1.1% last month and upwardly revised October’s growth by an additional 0.4%. This data surpassed economists’ expectations of a 0.5% rise for the month. Throughout the last 12 months, there […]

December 15, 2014

U.S. Postal Service data breach, McDonalds (MCD) sales down and General Motors (GM) ordered parts two months before recall

Bourbon & Bayonets

Markets were heading slightly higher on Monday after the United States Postal Service announced that there was a data breach the affected it’s employees and their call center. They reported that nearly 800,000 employees have had their personal information compromised along with customer’s data that called into the call center from January through August of […]

November 10, 2014

IBM posted loss, General Motors (GM) death total climbs to 29 from ignition recall and Toyota announces new recall

Bourbon & Bayonets

Markets wavered on Monday after shares of International Business Machines Corporation, better known as IBM, were slipping. The company posted a 4% decline in quarterly revenue for the third-quarter. The company said that revenue overall fell to $22.4 billion, which was down from the $23.34 billion this time last year. This missed analysts’ expectations of […]

October 20, 2014

U.S. growth projected lower, Tiffany & Co. (TIF) shares higher and General Motors (GM) moving SRX production to Tennessee

Bourbon & Bayonets

Markets were heading slightly higher on Wednesday morning after U.S. growth was forecast to rise a minimal 1.5% this year. The Congressional Budget Office announced that they are projecting slower growth, which was only underscored by the slow performance during the first quarter of the year. This is lower than the 2.6% projection that was […]

August 27, 2014

Priceline (PCLN) posts higher profits, Amazon.com (AMZN) in another dispute and General Motors (GM) facing another lawsuit

Bourbon & Bayonets

Markets were heading slightly higher on Monday morning after Priceline Group (PCLN) announced a rise in profits. The online travel site said that they had higher than expected quarterly profits, which was partially attributed to a rise in hotel and airline bookings. Net profits were up to $576.5 million, or $10.89 per share during the […]

August 11, 2014

Markets up after U.S. military strikes in Iraq, McDonalds (MCD) feeling affects of China food scare and General Motors (GM) announces third recall

Bourbon & Bayonets

Markets were headed higher on Friday after it was announced that the United States bombed Islamic State positions on Iraq. It was announced that U.S. warplanes struck Iraq for the first time since American forces left the country in 2011. President Obama gave approval on relief supplies and air strikes overnight. This news comes shortly […]

August 8, 2014

Consumer sentiment up in June, Nike (NKE) on the rise after World Cup exposure and General Motors (GM) recalls after lawsuit

Bourbon & Bayonets

Markets were heading lower after the final reading for June’s consumer sentiment data came in showing a gain. The Thomson Reuters/University of Michigan’s reading for June showed an increase to 82.5 from May’s 81.9. This surpassed analysts’ expectations of 82. The barometer of current economic conditions crept up from May’s 94.5 to 96.6 in June. […]

June 27, 2014