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Paul Ausick

Walmart Gas ‘n Go Opens in Hometown of Bentonville

courtesy of Wal-Mart Stores Inc.A new business just opened its doors in Bentonville, Ark., the hometown of Wal-Mart Stores Inc. (NYSE: WMT). The business is called “Walmart To Go” and for now at least…

Paul Ausick · 12 years ago

Akebia, MediWound Post Gains Following IPOs

Mediwound offered 5 million shares in a Thursday IPO at the low end of the expected range. Akebia Therapeutics offered 5.9 million shares in its IPO at the high end of the expected price…

Paul Ausick · 12 years ago

Q2 Holdings IPO Off to Solid Start

Q2 Holdings held its initial public offering Thursday morning, selling 7.76 million shares at $13 a share, the high end of its estimated range. Based on early trading, the stock appears to be holding…

Paul Ausick · 12 years ago

Natural Gas Supply Tumbles to 10-Year Low

thinkstockThe U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks decreased by 48 billion cubic feet for the week ending March 14. That compared with an expected drop of 53…

Paul Ausick · 12 years ago

February Sales of Existing Homes Remain at Multi-month Low

ThinkstockThe National Association of Realtors (NAR) reports that the seasonally adjusted annual rate of existing home sales in February fell 0.4% to 4.6 million from a total of 4.62 million in January. Sales also…

Paul Ausick · 12 years ago

BP Returns to Gulf Leasing With a Bang

Last week the EPA removed its restrictions on BP, allowing the company once again to conduct business with the federal government and giving the company the right once more to bid on leases in…

Paul Ausick · 12 years ago

ConAgra Earnings Okay, but Company Still Faces Headwinds

ConAgra Foods reported better-than-expected fiscal third-quarter 2014 earnings before markets opened Thursday morning. The food processor and packager also announced plant closing and job cuts.

Paul Ausick · 12 years ago

Tesla Gets Legislative Support for Sales in Arizona

Through a quirky legislative rule, a committee of the Arizona State Senate on Wednesday passed a bill that would allow electric car maker Tesla Motors to sell its vehicles directly without having a distributor…

Paul Ausick · 12 years ago

Starbucks to Give Customers What They Want — Booze!

Starbucks has been testing alcohol sales at some 40 of the company's 11,500 U.S. stores, and the coffee purveyor said it is ready now to begin rolling out an evening menu of light snacks…

Paul Ausick · 12 years ago

The 5 Stocks That Dragged Down the Market on Wednesday

thinkstockMarch 19, 2014: Markets opened lower on Wednesday and closed even lower after Janet Yellen’s debut as chairwoman of the U.S Federal Reserve. The major change is that the Fed is dropping its commitment…

Paul Ausick · 12 years ago

GM Debuts 3-Cylinder Engines — Go-Karts for Freeways!

Ford Motor Co.General Motors Co. (NYSE: GM) announced on Wednesday that it plans to have annual production of its Ecotec small-displacement engines ramped up to 2.5 million a year by 2017. How small? Well,…

Paul Ausick · 12 years ago

IPO Payday at Paylocity

For its initial public offering Wednesday morning, Paylocity priced 7.05 million shares at $17, above the expected range of $14 to $16. Shares of the cloud-based software company traded as high as $31 before…

Paul Ausick · 12 years ago

Boeing 787-8 Gets Safety OK From FAA

The FAA and Boeing released a joint critical systems review of Boeing's 787-8 Dreamliner Wednesday. It was in response to problems with the plane's electrical system and batteries that caused the entire fleet to…

Paul Ausick · 12 years ago

Why $100 Oil Is the New $20 Oil

Chevron CEO John Watson told a Houston audience earlier this month that crude oil costing $100 a barrel is becoming the new $20 in the industry, and the inference we might draw from that…

Paul Ausick · 12 years ago

Crude Oil Inventory Jumps, WTI Closing Gap With Brent

ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories increased by 5.9 million barrels last week, maintaining a total U.S. commercial crude inventory to 375.9…

Paul Ausick · 12 years ago

BMW CEO: We’ll Be Leading Premium Car Maker Again in 2014

BMW reported fourth-quarter and full-year 2013 results Wednesday morning. The maker of luxury, ultra-luxury and Mini cars reported that it sold 1.96 million vehicles in 2013, up 6.4% compared with the prior year.

Paul Ausick · 12 years ago