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Paul Ausick

Even Firing 1,500 Employees Doesn’t Boost 3M Stock

3M reported results Tuesday morning and announced a restructuring that will shave 1,500 people from the payroll. But the cash flow forecast for 2020 is probably a bigger drag on the stock price.

Paul Ausick · 7 years ago

Short Sellers Raise Bets on Falling Oil Stock Prices

Short interest has increased on four of six energy stocks we track. Crude prices have been hit hard by worries over the impact of the coronavirus outbreak on demand for oil. Short interest in…

Paul Ausick · 7 years ago

What Sprint Stock’s New 52-Week Low Means

Sprint's fiscal third-quarter earnings report weighed on the stock's share price Monday. Increased subscriber churn, lower revenues and a significant threat to its merger with T-Mobile are scaring investors.

Paul Ausick · 7 years ago

Ford Recalls 90,000 F-150 Pickups in Canada

Ford has recalled almost 90,000 F-150 pickups sold in Canada to repair a faulty tailgate latch. In December the company recalled about 265,000 F-Series trucks for the same reason.

Paul Ausick · 7 years ago

NABE Survey Sees Stronger 2020 Economy

A survey of business economists indicates that more companies are expecting the economy to improve this year than they did just three months ago. Labor shortages and the impact of tariffs remain concerns, however.

Paul Ausick · 7 years ago

How Does CannTrust Stock Become a Buy Again?

As the bad news piled up for CannTrust last year, the rest of the cannabis industry also imploded. What to expect from CannTrust in 2020 is a glass either half-empty or half-full.

Paul Ausick · 7 years ago

Pot Grower Aphria Gets C$100 Million Strategic Investment

Canada-based marijuana grower Aphria announced Friday morning a strategic investment of C$100 million. The stock is getting beaten up based on a discount of around 6% to Thursday's closing price for the stock.

Paul Ausick · 7 years ago

Why Wall Street Wants to Stick With Baker Hughes

Oilfield services company Baker Hughes reported quarterly and annual results that were short of expectations, but better than its bigger competitors were able to do. Analysts appear solidly behind a recent deal with an…

Paul Ausick · 7 years ago