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Paul Ausick

Mortgage Loan Rates Rose Last Week, Applications Fell 6%

The latest Mortgage Bankers Association weekly report on mortgage applications noted a week-over-week decrease of 6% in the group's seasonally adjusted composite index for the week ending October 7.

Paul Ausick · 10 years ago

Health Care Giants Merck, UnitedHealth Sink DJIA Tuesday

October 11, 2016: Markets opened lower Tuesday on another light newsday with no significant economic data scheduled for release. The FOMC meeting minutes are set to be released Wednesday, along with the JOLTS report.…

Paul Ausick · 10 years ago

Investment Firm Ups Stake in Freeport-McMoRan

In a Schedule 13-G filing with the U.S. Securities and Exchange Commission (SEC) Tuesday morning, investment management firm Capital Research and Management Company subsidiary Capital Research Global Investors reported ownership of 139,981,480 shares of…

Paul Ausick · 10 years ago

Should You Lease or Buy a New Car?

Car sales may be the one place where the average consumer runs head-on into what is often called an asymmetry of information. In other words, the dealer has more information about the price of…

Paul Ausick · 10 years ago

Small Business Optimism Slips Again in September

The National Federation of Independent Business Tuesday morning reported that its small business optimism index for September remains well below the index's 42-year average.

Paul Ausick · 10 years ago

Crude Oil Price Weakens After IEA Reports Supply Increase

In its Oil Market Report for September, the International Energy Agency said that global crude supplies increased, primarily due to a rise of half a million barrels a day from Russia and Kazakhstan.

Paul Ausick · 10 years ago

Exxon, Apple Push DJIA Higher Monday

October 10, 2016: Markets opened higher Monday on a light news day with no economic data releases. The energy sector is leading the way as sentiment seems to be building for a cut to…

Paul Ausick · 10 years ago

Mylan Strikes Deal with US DoJ, Stock Recovers

Shares of EpiPen maker Mylan NV (NASDAQ: MYL) rose nearly 12.5% early Monday following the company’s announcement after markets closed Friday that it had reached an agreement with the U.S. Department of Justice to…

Paul Ausick · 10 years ago

10 US Cities With the Highest Rents

Demand for U.S. rental housing continues to rise, and with it, rents themselves have increased. This demand has resulted in a construction boom for buildings with at least 50 rental units.

Paul Ausick · 10 years ago

IPO Market Sees 2 Energy Companies Among 4 Offerings Next Week

All six of last week’s initial public offering (IPO) candidates succeeded in reaching the public markets. And while none had quite the introduction that welcomed Nutanix the week before, another tech company did pretty…

Paul Ausick · 10 years ago