Author Archives: Paul Ausick

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How Sam’s Club Stacks Up Against Costco

When Wal-Mart Stores Inc. (NYSE: WMT) reported fiscal second-quarter results Thursday morning, a noticeable laggard appeared in the results of the company's three segments. Operating income at the company's Sam's ...
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No, You Can’t Have a Personal Account at the Federal Reserve Bank

While the ways of the U.S. Federal Reserve Bank may be shrouded in arcane details about interest rates, inflation and monetary policy, one thing is absolutely clear: individuals cannot establish ...
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Natural Gas Price Rises on Larger-Than-Expected Storage Injection

The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks increased by 53 billion cubic feet for the week ending August 11. Analysts were expecting a ...
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Hedge Fund Managers’ Top Stock Picks in Q2

The top 100 global hedge funds manage approximately $6.1 trillion in assets. Small investors have, at best, limited access to this so-called smart money, and in most cases no access ...
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US Gulf of Mexico Oil & Gas Lease Sales Attract $137 Million in Bids

The U.S. Bureau of Ocean Energy Management (BOEM), a division of the Department of the Interior, conducted a lease sale on nearly 76 million acres of federal offshore parcels in ...
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Why Walmart Earnings Disappointed Investors

Wal-Mart Stores Inc. (NYSE: WMT) reported second-quarter fiscal 2018 results before markets opened Thursday morning. The retailing giant posted adjusted diluted earnings per share (EPS) of $1.08 on total revenues ...
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General Electric, Transocean Plunge into Wednesday’s 52-Week Low Club

August 16, 2017: Here are four stocks trading with heavy volume among 186 equities making new 52-week lows in Wednesday's session. On the NYSE, decliners led advancers by about 3 ...
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United Technologies, Home Depot Push DJIA Higher Wednesday

August 16, 2017: Markets opened higher again Wednesday even after a poor report on U.S. housing starts. Minutes from last month's FOMC meeting revealed a Fed split on when to ...
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Is There a Buyer for Ford?

The recent report that a China-based buyer made an offer for Fiat Chrysler Automobiles N.V. (NYSE: FCAU) got us thinking about whether there might be a buyer somewhere interested in ...
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Crude Oil Price Flat After Inventory Decline on Strong Export Volume

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning, showing that U.S. commercial crude inventories dropped by 8.9 million barrels last week, maintaining a total ...
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Samsung Galaxy S8 Is World’s Best-Selling Android Smartphone in Q2

Although it still trails Apple Inc.'s (NASDAQ: AAPL) iPhone 7 and iPhone 7 Plus, Samsung's Galaxy 8 became the top-selling smartphone using the Android operating system from Alphabet Inc. (NASDAQ: ...
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July Housing Starts Tumble, but Single-Family Starts Surge

The U.S. Census Bureau and the Department of Housing and Urban Development reported Wednesday morning that new housing starts in July fell to a seasonally adjusted annual rate of 1.155 ...
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Boeing, Up Over 50%, Helps Rise in Dow

As of Tuesday's close, shares of Boeing Co. (NYSE: BA) have added 53% for the year to date, far outdistancing second-place Apple Inc. (NASDAQ: AAPL), which has gained a not-unimpressive ...
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US Air Force Revs Up for ThunderDrone

At a competition last week at New Mexico's Holloman Air Force Base, the U.S. Air Force kicked off its Light Attack Experiment, an effort to find a low-cost, light-attack fighter ...
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Mortgage Loan Rates Ticked Lower Again, Applications Post Tiny Gain

The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting a slight increase of 0.1% in the group's seasonally adjusted composite index for the week ...
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