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Paul Ausick

ConAgra Earnings Report Mixed, Looks Forward to Separation

ConAgra Foods Inc. (NYSE: CAG) reported fiscal fourth quarter and full-year 2016 results before markets opened Thursday morning. The food processor and packager reported quarterly adjusted diluted earnings per share (EPS) of $0.52 on…

Paul Ausick · 10 years ago

Can a New Boeing 777X-10 Threaten Airbus A380 Superjumbo?

The Boeing Co. (NYSE: BA) is reportedly considering a stretched version of its yet-to-delivered 777X to compete with the Airbus Group SE’s A380 double-decked, superjumbo jet. A report Wednesday from Bloomberg News said that…

Paul Ausick · 10 years ago

Fitbit, Lipocine Top Wednesday’s 52-Week Low Club

June 29, 2016: Here are four stocks trading with heavy volume among 29 equities making new 52-week lows in Wednesday’s session. NYSE advancers led decliners by more than 6 to 1 and Nasdaq advancers…

Paul Ausick · 10 years ago

The 4 Stocks That Boosted the Dow Wednesday

June 29, 2016: Markets opened higher again Wednesday and every sector is again posting a gain as the closing bell approaches. A drawdown in U.S. crude oil inventories coupled with a weaker dollar pushed…

Paul Ausick · 10 years ago

Noodles & Co. Reveals Data Breach

Fast-casual restaurant chain Noodles & Co. (NASDAQ: NDLS) said Tuesday afternoon that it had uncovered a recent data security incident that may have compromised customer payment information. The customer credit and debit card transactions occurred…

Paul Ausick · 10 years ago

Alcoa Offers Details on Split, Investors Head for the Exit

Alcoa Inc. (NYSE: AA) filed a Form 10 initial registration statement with the U.S. Securities and Exchange Commission (SEC) Wednesday morning that gave some details regarding the company’s plan to divide into two pieces.…

Paul Ausick · 10 years ago

Southwestern Upsizes Secondary Offering to Buy Back Debt

Early Wednesday morning, Southwestern Energy Co. (NYSE: SWN) announced an underwritten secondary offering of 75 million shares that would be sold by the underwriters through negotiated transactions, at negotiated prices, or at prevailing market…

Paul Ausick · 10 years ago

Crude Oil Price Jumps on Inventory Drawdown

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories decreased by 4.1 million barrels last week, maintaining a total U.S. commercial crude inventory of 526.6…

Paul Ausick · 10 years ago

May Pending Home Sales Slide on Declining Inventory

The National Association of Realtors (NAR) Wednesday morning released its data on pending sales of existing homes for May. The pending home sales index fell 4.2 points (down 3.7%) to 110.8 from a downwardly…

Paul Ausick · 10 years ago

Monsanto Earnings Soft in Tough Ag Market

Monsanto Co. (NYSE: MON) reported fiscal third quarter 2016 results before markets opened Wednesday morning. The fertilizer and seed maker reported adjusted diluted earnings per share (EPS) of $2.17 on revenues of $4.19 billion.…

Paul Ausick · 10 years ago

June Car Sales Forecast Higher, but GM Share Sliding

Automakers will be reporting June light vehicle sales totals on Friday, and if forecasts are correct, it will be a solid month. Analysts at Edmunds.com expect June sales to total about 1.53 million units…

Paul Ausick · 10 years ago

Mortgage Loan Rates Slip Following Brexit Vote

The Mortgage Bankers Association (MBA) released its report on mortgage applications Wednesday morning, noting a week-over-week decrease of 2.6% in the group’s seasonally adjusted composite index for the week ending June 24. Mortgage loan…

Paul Ausick · 10 years ago

Fitbit, Regulus Join Tuesday’s 52-Week Low Club

June 28, 2016: Here are four stocks trading with heavy volume among 53 equities making new 52-week lows in Tuesday’s session. NYSE decliners led advancers by more than 5 to 1 and Nasdaq decliners…

Paul Ausick · 10 years ago

The 4 Stocks That Lifted the DJIA Tuesday

June 28, 2016: Markets opened higher Tuesday and every sector is recover a bit after two days of getting crushed by the Brexit vote. U.S. GDP rose 1.1% in the first quarter, slightly better…

Paul Ausick · 10 years ago

July 4th Gas Prices Lowest in 10 Years

The national average price for a gallon of regular gasoline is forecast to average $2.27 over the Fourth of July holiday, its lowest level in more than 10 years. Last year a gallon of…

Paul Ausick · 10 years ago

comScore Still Not Ready to File 2015 Documents

In late February, research firm comScore Inc. (NASDAQ: SCOR) said that it had “received a message regarding certain potential accounting matters,” and that it would be unable to file either its Form 10-K 2015…

Paul Ausick · 10 years ago

Brexit No Threat to Whirlpool’s Guidance

After two days of beatings, markets are giving investors a break Tuesday either because pundits have decided that Brexit is not the end of the world, at least in the next quarter, or because…

Paul Ausick · 10 years ago

Dow Whacks 2,500 Jobs, 2 Dow Corning Plants

The Dow Chemical Co. (NYSE: DOW) announced Tuesday morning that it is cutting 2,500 jobs (4% of its workforce) as it integrates its recently completed acquisition of Corning Inc.’s (NYSE: GLW) 50% stake in…

Paul Ausick · 10 years ago

April Home Prices Rise 5.4% Led by Portland, Seattle, and Denver

In all 20 U.S. cities included in the S&P/Case-Shiller home price index, April house prices increased year-over-year and all 20 also posted a month-over-month increase. Portland (up 12.3%), Seattle (up 10.7%), and Denver (up…

Paul Ausick · 10 years ago