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Paul Ausick

Nabors Posts Huge Quarterly Loss on C&J Impairment

Nabors Industries Ltd. (NYSE: NBR) reported first-quarter 2016 results after markets closed Monday. For the quarter, the oilfield services company reported an adjusted diluted net loss per share of $1.41 on revenues of $430.8…

Paul Ausick · 10 years ago

The 52-Week Low Club for Monday

April 25, 2016: Here are four stocks trading with relatively heavy volume among 13 equities making new 52-week lows in Monday’s session. NYSE declining stocks led advancers by about 7 to 3 while Nasdaq…

Paul Ausick · 10 years ago

The 4 Stocks That Sank the Dow on Monday

April 25, 2016: Markets opened lower Monday and never made it above the breakeven line during the entire day. It could be that Wednesday’s FOMC meeting announcement has investors and traders sitting on their…

Paul Ausick · 10 years ago

Gas Prices Move Up on Higher Demand

The average price across the United States for a gallon of regular gasoline last week rose two cents to $2.14. Diesel fuel prices also rose.

Paul Ausick · 10 years ago

New Home Sales Slide in March

The U.S. Census Bureau and the Department of Housing and Urban Development reported Monday morning that sales of new homes fell in March.

Paul Ausick · 10 years ago

Sharp Drop in China Car Sales Growth

Between 2010 and 2015, sales of new cars in China grew at a compound annual growth rate of 12.3%. Over the next five years, the growth rate is forecast to tumble to just 5%.…

Paul Ausick · 10 years ago

IPO Calendar Has 3 New Names Following Last Week’s Successes

Finally the 2016 initial public offering (IPO) market showed some signs of life last week. Three large, revenue-producing companies made it out the door last week, and two priced above their expected mid-points. MGM…

Paul Ausick · 10 years ago

Intel Is Worst Performing Dow Stock This Year

Year to date, the worst performing stock in the Dow Jones Industrial Index is Intel Corp. (NASDAQ: INTC), down 8.16%. After the company reported first-quarter earnings last Tuesday shares actually traded higher because the…

Paul Ausick · 10 years ago

UnitedHealth Best Performing Dow Stock This Year

After a slow start to the year, the Dow Jones Industrial Average has perked up since March and now stands at just over 18,000, up 3.3% for the year to date. Of the Dow…

Paul Ausick · 10 years ago

Marijuana Weekly News Roundup

The U.S. Drug Enforcement Agency on Friday approved the first-ever controlled clinical trial to determine the effectiveness of marijuana in treating post-traumatic stress disorder (PTSD). Researchers have been working for nearly 10 years to…

Paul Ausick · 10 years ago

Amazon Offers 50% Off on Some Items

Retailers have to move inventory at a good clip in order not to get stuck with a bunch of stuff they can't sell because it has passed its sell-by date for some reason.

Paul Ausick · 10 years ago

Boeing Ordered to Repair or Replace 787 Engines

The FAA has ordered Boeing to revise the flight manuals of 787 Dreamliners and rework or replace at least one engine on aircraft equipped with certain GE engines.

Paul Ausick · 10 years ago

Marijuana Price Rises to $2,002

For the week ended April 22, the spot price index for a pound of cannabis rose to $2,002, but the simple average price for a gram fell to $4.70.

Paul Ausick · 10 years ago

The 52-Week Low Club for Friday

April 22, 2016: Here are four stocks trading with relatively heavy volume among 15 equities making new 52-week lows in Friday’s session. NYSE advancing stocks led decliners by more than 2 to 1 while…

Paul Ausick · 10 years ago

The 4 Stocks That Carried the Dow Higher on Friday

April 22, 2016: Markets opened mixed Friday with the blue chip index on the right side of the flat line while both the S&P 500 and the Nasdaq composite started the day below the…

Paul Ausick · 10 years ago