Author Archives: Paul Ausick

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Lockheed, Northrop Stocks Bookend Week of Defense Contractor Earnings

Six of the world's largest defense contractors are U.S.-based companies, and all are set to report quarterly earnings this week. If recent history is any guide, the results should, with ...
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What Sprint Stock’s New 52-Week Low Means

Looking at Sprint Corp.'s (NYSE: S) earnings report for its 2019 third fiscal quarter, it doesn't really seem as though the stock should have been pummeled into a new 52-week ...
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Gas Prices Continue Trending Lower

The national average price for a gallon of regular gasoline dropped by nearly four cents per gallon last week to $2.50, according to industry analysts at GasBuddy. The drop continues ...
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Why Now’s the Time for GM’s $2.2 Billion Investment in Electric Vehicle Plant

General Motors Co. (NYSE: GM) announced Monday that it will invest $2.2 billion to convert the company's Detroit-Hamtramck assembly plant from manufacturing sedans to manufacturing a "variety" of all-electric (EV) ...
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Ford Recalls 90,000 F-150 Pickups in Canada

Ford Motor Co. (NYSE: F) on Monday issued a safety recall on model years 2015 to 2018 F-150 pickups sold in Canada. The company noted that no crashes or injuries ...
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NABE Survey Sees Stronger 2020 Economy

About two-thirds of companies responding to a survey on 2020 business conditions expect inflation-adjusted gross domestic product to rise by 1.1% to 2.0% over the course of the year. While ...
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Why DR Horton Earnings Are Not Impressing Investors

D.R. Horton Inc. (NYSE: DHI) reported first-quarter fiscal 2020 results before markets opened Monday. The homebuilder reported diluted earnings per share (EPS) of $1.16 on revenues of $4.02 billion. In ...
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Aphria Stock, Other Pot Names Hit Hard on Analyst Comments

It didn't take much for a basket of cannabis stocks to lose between 5% and 9% in Friday trading. The magic word was "supply." As in, not enough. At least ...
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How Does CannTrust Stock Become a Buy Again?

Ontario-based cannabis cultivator CannTrust Holdings Inc. (NYSE: CTST) stopped selling its cannabis products last July following the Canadian government's suspension of the company's license for illegally growing thousands of pounds ...
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Pot Grower Aphria Gets C$100 Million Strategic Investment

Ontario-based Aphria Inc. (NYSE: APHA) announced Friday that the company has accepted a strategic investment from an unnamed institutional investor of C$100 million (US$76.14 million) to acquire 14.04 million units. ...
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Visiting the Library Is Twice as Popular as Going to the Movies

The two most common leisure time, cultural activities in America are going to the library and going to the movies. On average, American adults visit a library 10.5 times a ...
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Will Focus on Pharma Lift Aphria Stock?

Ontario-based Aphria Inc. (NYSE: APHA) ran into a brick wall named Health Canada in 2019. The government agency did not issue a license for the company's massive new 1.3-million square ...
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US Drops to Worst Corruption Score in 8 Years

In a report published Thursday, the United States saw its lowest perceived corruption index score since 2012, and it trails far behind the least corrupt nations, Denmark and New Zealand. ...
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Why Wall Street Wants to Stick With Baker Hughes

When oilfield services company Baker Hughes Co. (NYSE: BKR) reported fourth-quarter results on Wednesday, it became the sole member of a club comprised of big oilfield services companies that posted ...
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Is PG&E Making Promises It Can Keep?

In a statement issued late Wednesday, PG&E Corp. (NYSE: PCG) announced that it had reached an agreement with a bondholder group that had threatened to derail the utility's bankruptcy. The ...
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