All Work

Paul Ausick

Canada Wildfire Shutting Down Oil Sands Operations

One of the largest mining operations in Canada’s oil sands region, Syncrude, said on Saturday that it is shutting down its mine and processing plant north of Fort McMurray, Alberta. The company also said…

Paul Ausick · 10 years ago

Marijuana Weekly News Roundup

In an action that may establish a standard for cannabis businesses that operate in compliance with state law, the U.S. Department of Justice last week dropped its long-running battle with Oakland, California-based medical marijuana…

Paul Ausick · 10 years ago

How Analysts Reacted to Tesla Earnings

After Tesla reported earnings most analysts remained bullish on the stock, primarily because the company said it will accelerate its plan to produce half a million vehicles by 2018.

Paul Ausick · 10 years ago

New JC Penney Job Cuts Drop Shares 8%

According to a news report on Friday, J.C. Penney was forced to cut back employee work hours last month in an effort to reduce expenses. The report sent the stock down more than 7%…

Paul Ausick · 10 years ago

Marijuana Price Rises to $2,030

For the week ended Friday, May 6, the spot price index for a pound of cannabis increased more than 2%, according to Cannabis Benchmarks.

Paul Ausick · 10 years ago

The 52-Week Low Club for Friday

May 6, 2016: Here are four stocks trading with heavy volume among 83 equities making new 52-week lows in Friday’s session. NYSE advancers led decliners by nearly 2 to 1 while Nasdaq decliners and…

Paul Ausick · 10 years ago

The 4 Stocks That Buoyed the Dow on Friday

May 6, 2016: Markets opened lower on Friday following a lower-than-expected report on U.S. employment. The report contributed to a short-lived boost in traders’ interest in U.S. Treasuries, but that didn’t last long. Basic…

Paul Ausick · 10 years ago

Mortgage Fraud Risk Highest in Miami

Based on the latest data from CoreLogic's mortgage fraud risk index, mortgage lenders in the Miami metropolitan area face the highest risk for attempts to commit fraud.

Paul Ausick · 10 years ago

ArcelorMittal Loss Narrows, but Worse Than Expected

ArcelorMittal, the world's largest steel company, reported first-quarter results Friday, and the good news is that loss per share was down both year over year and sequentially.

Paul Ausick · 10 years ago

SunPower Loss Exceeds Expectations, Guidance Holds Shares Up

SunPower Corp. (NASDAQ: SPWR) reported first-quarter 2016 results after markets closed Thursday afternoon. For the quarter, the solar panel maker reported an adjusted diluted net loss of $0.30 on adjusted revenue of $433.6 million.…

Paul Ausick · 10 years ago

The 52-Week Low Club for Thursday

May 5, 2016: Here are four stocks trading with relatively heavy volume among 55 equities making new 52-week lows in Thursday’s session. NYSE decliners led advancers by about 5 to 4 while Nasdaq decliners…

Paul Ausick · 10 years ago

The 4 Stocks That Edged the DJIA Down on Thursday

May 5, 2016: Markets opened higher on Thursday primarily on strengthening crude oil prices despite a move higher by the dollar. Higher job cuts reported by Challenger combined with a rise in new claims…

Paul Ausick · 10 years ago

Is Chesapeake Signalling a Turnaround?

While it's still too early to declare that Chesapeake Energy has completed a 180-degree turn, there are definite signs of progress.

Paul Ausick · 10 years ago