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Paul Ausick

Verizon, Coca-Cola Tank DJIA on Friday

September 9, 2016: Markets opened lower again Friday following lukewarm trading sessions in Asia, another nuclear test in North Korea, and so-so economic data from Europe. Energy stocks rose on lower than expected builds…

Paul Ausick · 10 years ago

GM Recalls 4.3 Million Vehicles for Airbag Problem

General Motors Co. (NYSE: GM) is recalling 3.64 million cars and light trucks sold in the U.S. and about 700,000 more sold worldwide to fix a software bug that prevents the front airbags from…

Paul Ausick · 10 years ago

North Korea Missile, Nuke Tests May Help Lockheed Martin

Early Friday morning North Korea conducted an underground nuclear test that officials say gives the country capability to produce smaller, lighter and diversified nuclear warheads of higher strike power.

Paul Ausick · 10 years ago

Data Breaches Up 15% to Date in 2016

The Identity Theft Resource Center reports that there have been 657 data breaches recorded so far this year and that nearly 29 million records have been exposed.

Paul Ausick · 10 years ago

Apple, Nike Sink DJIA Thursday

September 8, 2016: Markets opened lower Thursday after European Central Bank president Draghi maintained current ECB policy and said that further expansion of the bank’s asset purchase plan did not seem appropriate. Consumer stocks,…

Paul Ausick · 10 years ago

US Consumer Borrowing Rose $18 Billion in July

The Federal Reserve on Thursday released its preliminary report on consumer credit for the month of July 2016. On a seasonally adjusted basis, consumer credit rose 5.8% in the month, up from 4.8% growth…

Paul Ausick · 10 years ago

What’s Driving Chesapeake Energy Stock Higher

A lot of the gain in Chesapeake Energy shares over the past 30 days is the result of positive reactions to the company's efforts to get its balance sheet back in order.

Paul Ausick · 10 years ago

Sprouts, Kroger Dip into Wednesday’s 52-Week Low Club

September 7, 2016: Here are four stocks trading with relatively heavy volume among 15 equities making new 52-week lows in Wednesday’s session. NYSE advancers led decliners by about 3 to 2 and Nasdaq advancers…

Paul Ausick · 10 years ago

Wal-Mart, Home Depot Weigh on DJIA Wednesday

September 7, 2016: Markets opened mixed Wednesday following largely unmemorable sessions overseas. European markets await a policy statement from the ECB due Thursday morning. The Beige Book’s release did move equities somewhat lower. WTI…

Paul Ausick · 10 years ago

Apple Introduces iPhone 7, Watch Series 2, Investors Yawn

Wednesday’s Apple Inc. (NASDAQ: AAPL) in San Francisco did not have many surprises. The latest model of the company’s smartphone is called the iPhone 7, as everyone expected, and the new phone’s headphone jack…

Paul Ausick · 10 years ago