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All Work
Paul Ausick
Does Qualcomm’s New Bid for NXP Kill the Broadcom Acquisition?
Qualcomm has raised its offer for Netherlands-based NXP Semiconductors to $127.50 in cash per NXP share. The sweetened deal satisfied some of NXP's biggest investors, but Qualcomm suitor Broadcom is not pleased.
Costco Is One of America’s Largest Car Dealers
As a perk to warehouse club Costco members, the company negotiates deals with 35 auto brands that then sell their cars to members at the set price. The program has made Costco one of…
US National Average Gasoline Price Dropped 5 Cents Last Week
The national average price for a gallon of regular gas fell by five cents last week and motorists in 47 states saw prices fall.
Why Walmart Earnings, Guidance Failed to Cheer Investors
Retail behemoth Walmart reported quarterly and fiscal year results this morning that were short of expectations. Guidance was also less impressive than expected.
Mercedes-Benz Maker May Have Cheated on Diesel Emissions Tests
A German newspaper has reported that Daimler AG, maker of Mercedes-Benz vehicles, may have sold diesel vehicles that included software designed solely to defeat regulatory emissions testing.
Crude Oil Prices Recovering Lost Ground
U.S. crude oil prices are regaining some of the ground they lost during the sudden plunge in equity markets that occurred earlier this month. There are additional reasons for the comeback, however.
18% of US Energy Comes From Renewable Sources
In 2017, 18% of all electricity generation in the U.S. came from renewable sources, double their contribution of just 10 years ago and nearly equal to generation from nuclear power.
Did the Switch From Iced Tea to Blockchain Only Delay the Inevitable?
Changing its name and model from Long Island Tea to Long Blockchain provided only a brief respite for the troubled company. Last week the Nasdaq threatened to delist the stock.
10 Cities With the Most McMansions
Here is a Realtor.com list of the 10 metro areas with the largest number of homes for sale with more than 3,000 square feet of space.
Boeing Remains Dow’s Top Stock
Boeing continues to be the best performing stock among the 30 equities that comprise the Dow Jones industrials. Shares gained nearly 7% last week.
General Electric Still Dow’s Worst Performer
General Electric posted a small gain last week, but not one large enough to shake off its ranking as the worst performing stock among the Dow 30. Shares added less than 1% last week.
2018 Data Breach Count Remains Below Year-Ago Levels
The number of data breaches reported so far this year by the Identity Theft Resource Center is slightly below the number reported for the same period last year.
Kraft Heinz, Impinj Topple into Friday’s 52-Week Low Club
Kraft Heinz, Impinj, Sanchez Energy, and Dominion Midstream all posted new 52-week lows Friday.
Pfizer, UnitedHealth Boost DJIA on Friday
Pfizer, UnitedHealth, Disney, and Johnson & Johnson lifted the DJIA on Friday.
US Oil Rig Count Rises by 7 as Crude Price Remains Steady
The U.S. land-based oil rig count rose by seven this week, while the number of rigs drilling for natural gas fell by an identical number.
Qualcomm Still Rejects Broadcom’s $121 Billion Offer
Chipmaker Qualcomm met with representatives of Broadcom Wednesday to discuss Broadcom's $121 billion takeover offer. The Qualcomm board has once again rejected the deal.
Will Scrap Yards Solve the Crude Tanker Glut?
A massive drop in what ship owners can demand for crude oil cargoes may be solved by scrapping more of the existing fleet. Or maybe not.
Consumer Sentiment Ignores Equity Markets, Soars on Tax Cuts
Consumer sentiment reached its second-highest level in 14 years this month according to the University of Michigan's consumer sentiment index.
January Housing Starts Soar Nearly 10%
U.S. new residential construction rose by nearly 10% month over month in January to more than 1.3 million on a seasonally adjusted annual basis.