Author Archives: Paul Ausick

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JC Penney, Applied Materials Visit Friday’s 52-Week Low Club

August 17, 2018: Here are four stocks trading with heavy volume among 110 equities making new 52-week lows in Friday's session. On the NYSE advancers led decliners by about 2.45 ...
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Apple, Caterpillar Dominate the Dow Friday

August 17, 2018: Markets opened mixed Friday but all three major indexes are pointed at a positive close for the day. Sanctions on Iran are said to include penalties as ...
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US Oil Rig Count Unchanged, Crude on Track for 3% Weekly Loss

In the week ending August 17, 2018, the number of land rigs drilling for oil in the United States totaled 869, unchanged compared to the previous week and up by ...
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Walmart E-Commerce To Rise 40% of an Undisclosed Number

When Walmart Inc. (NYSE: WMT) reported second-quarter results Thursday morning, the company's stock soared 10%. In guidance for the last half of its 2019 fiscal year, Walmart reaffirmed a previous ...
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August Consumer Sentiment Slides to 11-Month Low

The preliminary University of Michigan Consumer Sentiment Index for August slipped 2.7% to a reading of 95.3, after posting a reading of 97.9 in July. The preliminary reading is 1.5% ...
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Nvidia–Crypto Stings, Big Picture Intact

By Gene Munster and Steve Van Sloun of Loup Ventures Shares of NVDA [were] down 5% after-hours [Thursday]. The company missed expectations in its OEM and IP segment as the ...
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Aretha Franklin Sold 75 Million Albums

There has been no greater American popular singer than Aretha Franklin. It is difficult to imagine that there ever will be. We're not talking about sales here, but a hard-to-define ...
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Deere Tries to Dress Up a Weaker Outlook; No One Is Fooled

Deere & Co. (NYSE: DE) reported fiscal third-quarter 2018 results before markets opened Friday morning. The farm and heavy equipment maker posted diluted earnings per share (EPS) of $2.78 on ...
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JC Penney, JD.com Fall into Thursday’s 52-Week Low Club

August 16, 2018: Here are four stocks trading with heavy volume among 122 equities making new 52-week lows in Thursday's session. On the NYSE advancers led decliners by about 2.93 ...
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Walmart, Boeing Boost the Dow Thursday

August 16, 2018: Markets opened higher Thursday following solid earnings reports from two Dow stocks. Cisco beat estimates and Walmart did the same plus it boosted guidance. Reports that the ...
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The Rust Belt Needs Capital to Turn Talent and Innovation Into Jobs

By John C. Austin, nonresident senior fellow in the Metropolitan Policy Program at the Brookings Institution Since Rust Belt voters tipped the results of the 2016 election, interest in effective ...
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July Housing Starts Resume Slow Growth

The U.S. Census Bureau and the Department of Housing and Urban Development reported Thursday morning that new housing starts in July rose to a seasonally adjusted annual rate of 1.168 ...
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Natural Gas Price Drops on Storage Increase, Weather Forecast

The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stockpiles increased by 33 billion cubic feet for the week ending August 10. Analysts were expecting a ...
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US Drivers Learn More About Self-Driving Cars, Like Them Less

Over the past two years, U.S. drivers have become more aware of autonomous (self-driving) vehicles. More than three-quarters (78%) have some knowledge of autonomous vehicles that a human driver may ...
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Walmart Shows It Can Stand Up to Amazon

Walmart Inc. (NYSE: WMT) reported second-quarter 2019 results before markets opened Thursday morning. The retailing giant posted adjusted diluted earnings per share (EPS) of $1.29 on net sales of $127.06 ...
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