Author Archives: Paul Ausick

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Automakers Rev Up Electric Vehicle PR Engine

About 2% of new light vehicles sold in the Northeastern United States are electrified. That number could rise — a lot — if potential car buyers who are now kicking ...
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What Do United Rentals Earnings Tell Us About Spending on US Infrastructure?

Share of construction equipment rental firm United Rentals Inc. (NYSE: URI) traded up about 7.6% Thursday morning following the company's first-quarter earnings announcement. Adjusted earnings per share (EPS) came in ...
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Why PG&E Delayed Its Annual Meeting

In an announcement Thursday morning, PG&E Corp. (NYSE: PCG) said that its annual shareholders' meeting scheduled for May 21 has been postponed until an unspecified date in June. The postponement ...
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Amazon, YouTube Agree to Play Nice

Thursday's announcement that Amazon.com Inc. (NASDAQ: AMZN) and Alphabet Inc.'s (NASDAQ: GOOGL) YouTube have reached an agreement that will bring YouTube's official app to Amazon's Fire TV devices, Fire-enable smart ...
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Is Philip Morris Serious About Quitting Cigarettes?

Philip Morris International Inc. (NYSE: PM) reported first-quarter 2019 results before markets opened on Thursday. The tobacco products firm posted diluted earnings per share (EPS) of $0.87 on revenue of ...
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Amazon Prime Added Just 2 Million New Subscribers in Q1

Subscriber growth for its Amazon Prime service continues to slow down for Amazon.com Inc. (NASDAQ: AMZN). The number of U.S. Prime subscriptions rose by 2 million in the quarter, from ...
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Ford to Build New Lincoln SUV in China

This week's New York International Auto Show is one opportunity no automaker can afford to ignore if it wants to get its message out to a large audience of industry ...
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Spirit Isn’t America’s Worst Airline Anymore

U.S. airlines are getting better. In fact, according to the latest quality rating, U.S. airlines as a group posted their highest quality numbers in the 29 years that the ratings ...
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Ocean Plastics 10 Times Worse in the Last 20 Years Than in the Previous 4 Decades

Since 1957, a device routinely used to measure the amount of plankton in the North Atlantic Ocean has been towed more than 6.5 million nautical miles on 16,725 trips. On ...
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New Mortgage Loans Slide Again as Loan Rates Continue to Rise

The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting a decrease of 3.5% in the group's seasonally adjusted composite index for the week ending ...
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Qualcomm Sees $2 per Share EPS Boost after Settling All Apple Lawsuits

Shares of chipmaker Qualcomm Inc. (NASDAQ: QCOM) have jumped more than 22% Tuesday afternoon following an announcement that the company has settled its long-running multi-billion litigation with Apple Inc. (NASDAQ: ...
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People to Buy Fewer Cars This Year, but More Electric Vehicles

The global market for new cars in 2018 settled right around 95.16 million, slightly below the prior-year total but about 0.8% higher than projected 2019 sales of 94.4 million new ...
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Disney Firms Up Its Grip on Hulu; Now What?

For all the noise that Walt Disney Co. (NYSE: DIS) generated around last week's announcement of its Disney+ streaming service, the new streamer hasn't done an awful lot to dent ...
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How People Buying Cars Has Changed Over the Years

The cars on offer today are certainly not your grandfather's Oldsmobile, but buying one hasn't changed much, according to a new survey of more than 3,000 new and used car ...
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Walmart, Kidbox Launch Partnership for Curated Boxes of Kids Clothes

When a behemoth like Walmart Inc. (NYSE: WMT) launches a new business, that typically means that the model for the new business has been tried and tested and that Walmart ...
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