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Paul Ausick

China to Dwarf US Car Sales in 7 Years

The government of China has announced a plan to boost auto production in the country to 35 million vehicles by 2025. That total is nearly double total U.S. new car sales in 2016.

Paul Ausick · 9 years ago

Why Lockheed Results Are Not Dragging Defense Stocks Down

Lockheed Martin missed earnings and revenue estimates when it reported results this morning, and the company even lowered full-year guidance. The stock traded lower but did not drag the rest of the defense sector…

Paul Ausick · 9 years ago

Retailers on Record Bankruptcy Pace: S&P

U.S. retail bankruptcies are on a record pace for the first three months of 2017. There were 14 bankruptcy filings, and if that pace continues, the number will easily eclipse the 42 bankruptcies filed…

Paul Ausick · 9 years ago

Gas Price Sees Weekly Rise, Pace Slowing

The national average gasoline price rose by just a penny to $2.42 Monday morning, according to research site GasBuddy. Crude oil prices traded below $50 a barrel this morning, down more than 7% since…

Paul Ausick · 9 years ago

Q1 Mortgage Fraud Risk Up 8%; Youngstown, Ohio Rises Most

Mortgage fraud risk rose fastest in Youngstown, Ohio, in the first quarter. Two metro areas — Deltona, Florida, and Syracuse, New York — posted declines in fraud risk compared with the fourth quarter of…

Paul Ausick · 9 years ago

How Halliburton Hopped Over a Much Lowered Bar

Halliburton reset expectations for the first quarter on a conference call last month. In this morning's earnings report the company cleared a bar that it had lowered by 75%.

Paul Ausick · 9 years ago