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Paul Ausick

IPOs This Week: Select Energy Services in the Spotlight

Six IPOs successfully entered the public markets last week, raising about $1.2 billion. A single IPO is scheduled for this week for a company that provides water services to US oil & gas producers.

Paul Ausick · 9 years ago

New, Expensive Cigarettes Contain Pot

A Colorado company has begun selling professionally made marijuana cigarettes that are intended to be sipped like fine wine. The cigarette cost $85 for a package of 10.

Paul Ausick · 9 years ago

April’s 10 Best New Car Deals

Here are the 10 best deals on new cars for the month of April according to analysts at Kelley Blue Book. You can save big either with a cash back or leasing deal this…

Paul Ausick · 9 years ago

Ford’s China Sales Tank 21% in March

Ford vehicle sales in China dropped 21% in the first quarter of 2017. In contrast, total car sales by all makers rose by about 7%.

Paul Ausick · 9 years ago

Marijuana Price Dips to $1,655 a Pound

The U.S. wholesale spot price for a pound of marijuana retreated last week to $1,655. The six-month futures price fell to $1,460 per pound.

Paul Ausick · 9 years ago

North Korean Economy by the Numbers

North Korea is one of the poorest countries on earth with an estimated gross domestic product of around $40 billion.

Paul Ausick · 9 years ago

Analyst Opines Amazon Could Be Worth More Than Microsoft

Amazon could move into third place in the market cap rankings relatively soon, displacing Microsoft and trailing only Apple and Alphabet. One analyst puts a 12-month price target of $1,100 on the stock along…

Paul Ausick · 9 years ago

What Drives Americans’ Preferences for Pickups or Cars?

New research from the University of Michigan Transportation Research Institute. indicates that Americans are not likely to change their preferences for vehicle types. Light truck owners are particularly resistant to change.

Paul Ausick · 9 years ago

IEA Oil Market Report Sees Higher US Production in 2017

In its monthly Oil Market Report, the International Energy Agency forecasts global oil demand growth totaling 1.3 million barrels a day in 2017 and output growth of 485,000 barrels a day compared with a…

Paul Ausick · 9 years ago

7 Financial Worries of Older US Consumers

U.S. consumers over the age of 50 have some serious concerns about their financial futures and eventual retirement. Innovation in fintech could provide help for these consumers and a serious profit for successful fintech…

Paul Ausick · 9 years ago

Wells Fargo Sags as Expense Growth Tops Profit Growth

Wells Fargo reported first-quarter EPS of $1.00, essentially flat year over year. Net interest income slipped while noninterest income rose. But rising noninterest expenses cut into profits.

Paul Ausick · 9 years ago