Author Archives: Paul Ausick

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Home-Builder Confidence Sags in June

The National Association of Home Builders (NAHB)/Wells Fargo housing market index (HMI) for June fell 2 points to an index score of 64. The May index had gained 3 points ...
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Boeing Is Already Getting Crushed at Paris Air Show

No one is expecting much good news from The Boeing Co. (NYSE: BA) during this week's Paris Air Show. Drawing a line under that expectation is an announcement Monday from ...
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What Target Gains From Rolling Out Same-Day Delivery

Target Corp. (NYSE: TGT) continues to demonstrate that it does not intend to get steamrolled by rivals Walmart Inc. (NYSE: WMT) or Amazon.com Inc. (NASDAQ: AMZN). The company announced Thursday ...
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Green Electricity Outshines Coal for the First Time in US

U.S. electricity generation is (slowly) going green. At the end of April, power generation capacity from renewable sources (hydropower, biomass, geothermal, solar and wind) for the first time surpassed the ...
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US CEO Departures Hit Highest Year-to-Date Total Ever

The number of U.S. CEOs who lost or left their jobs in May rose by 17% compared to the April total. Last month, 114 CEOs left their jobs, compared to ...
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Could Immigration Reform Brighten CFOs Gloomy Economic Outlook?

Almost half (48.1%) of U.S. chief financial officers (CFOs) expect the U.S. economy to be in recession by the second quarter of next year and 69% believe that a recession ...
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Short Sellers Don’t Believe Low Crude Prices Will Last

Crude oil traded at around $52 a barrel early Wednesday. Over the past month, the price of West Texas Intermediate (WTI) crude for July delivery has dropped from a high ...
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Short Sellers Still Uncertain About Alternative Energy, Solar Stocks

Short interest moves among solar and alternative energy stocks were mixed during the two-week reporting period that ended on May 31. Of the companies we watch, short interest decreased on ...
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New Mortgage Loan Applications Soar on Lower Interest Rates

The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting an increase of 26.8% in the group's seasonally adjusted composite index for the week ending ...
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Is an MBA Worth the Cost?

The top-ranked graduate business school in the country, according to U.S. News & World Report, is the University of Pennsylvania's Wharton School. For students entering the Master of Business Administration ...
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Foreclosure Rates Remain at 20-Year Lows

The share of home mortgage loan payments that are 30 days or more past due fell to a 20-year low of 4% for the month of March, unchanged month over ...
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How Beyond Meat May Change the Way Americans Eat

The wildly successful public stock offering of Beyond Meat has introduced many Americans to the idea of meat substitutes made from a variety of plant-based components. Meat substitutes are not ...
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Church of England Reverses Course, Okays Investments in Medical Marijuana

When Meghan Markle's nephew announced back in April 2018 that he was developing a new strain of cannabis to commemorate the royal wedding between his aunt and Britain's Prince Harry, ...
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Gas Prices Plunge, Hit Lowest Average Since Early April

U.S. retail gasoline pump price increases fell by 7.1 cents last week to a national average of $2.73 for a gallon of regular gas. Although the price of crude oil ...
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Auto Dealer Sentiment Still Negative in Q2

U.S. auto dealers are indicating that they essentially are no more or no less optimistic about demand for new cars than they were in the first quarter of 2019. Expectations ...
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