For Immediate Release
Chicago, IL—November 18, 2016—Zacks Friday Finish Line is a podcast hosted weekly by Zacks Editor Maddy Johnson and Content Writer Ryan McQueeney that takes on the week’s biggest news from the financial and investment world.
What Does the Massive Wolfcamp Oil Discovery Mean for the Energy Industry?
Welcome to Episode #23 of the Zacks Friday Finish Line Podcast!
On today’s episode of the Zacks Friday Finish Line podcast, Content Writer Ryan McQueeney and Editor Maddy Johnson take on this week’s biggest news from the investment and financial world.
The hosts began this week’s episode with a look into recent earnings releases from Target Corp. (TGT - Free Report) and Wal-Mart Stores Inc. (WMT - Free Report) . These two retail powerhouses were both able to beat earnings expectations this week; however, Target stock soared, while Walmart slumped, as investors reacted to varying news from lower down the reports.
Nike HyperAdapt 1.0
Maddy and Ryan moved on to an interesting announcement from Nike Inc. (NKE - Free Report) this week. The sneaker giant finally revealed the price and release date of its highly-anticipated HyperAdapt 1.0 shoe. The new sneaker, which promises to be self-lacing and highly-adjustable, will launch on December 1 and will begin at $720.
Airlines Making History
The Finish Line Team changed the pace a bit and shifted the conversation to airliners. There was a pair of notable stories that emerged this week regarding domestic carriers. First of all, United Continental (UAL - Free Report) announced its new “Basic Economy” fare, which will offer lower prices but limit customers to one carry-on that fits under the seat. Also, Alaska Airlines (ALK - Free Report) announced the debut of its new jet fuel made from “forest residuals.”
The Biggest Oil Find in the U.S.
Finally, the hosts finished this week’s with a discussion centered on the recent discovery of the biggest untapped oil depository in the United States. The new oil field in Texas contains a whopping 20 billion barrels of oil, enough for many decades worth of drilling.
Want More Zacks Friday Finish Line?
Check back every Friday for a new episode that looks at each week’s biggest financial and investment news. You can follow the Zacks Friday Finish Line Podcast on iTunes, Soundcloud, and ZacksInvestmentNews on YouTube.
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