Author Archives: Paul Ausick

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10 Cities With the Most McMansions

Sometime in the mid-1980s, many home buyers and some builders really bought into the "your home is your castle" meme (before there was even such a thing as memes). The ...
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Boeing Remains Dow’s Top Stock

Boeing Co. (NYSE: BA) shows no sign of relinquishing its rank as the best performing stock for the year to date among the 30 equities that comprise the Dow Jones industrial average. ...
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General Electric Still Dow’s Worst Performer

General Electric Co. (NYSE: GE) stock posted a gain of about 0.7% last week, much better than the 4.5% loss of the prior week, but still not good enough to ...
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2018 Data Breach Count Remains Below Year-Ago Levels

The latest count from the Identity Theft Resource Center (ITRC) reports that there have been 124 data breaches recorded this year through February 16 and that nearly 3 million records ...
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Kraft Heinz, Impinj Topple into Friday’s 52-Week Low Club

February 16, 2018: Here are four stocks trading with heavy volume among 31 equities making new 52-week lows in Friday's session. On the NYSE advancers led decliners by less than ...
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Pfizer, UnitedHealth Boost DJIA on Friday

February 16, 2018: Markets opened mixed Friday but set a course for solid gains following the report the consumer sentiment had reached its second-highest level in 14 years. Consumers were ...
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US Oil Rig Count Rises by 7 as Crude Price Remains Steady

In the week ended February 16, 2018, the number of land rigs drilling for oil in the United States totaled 798, up by seven compared to the previous week and ...
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Qualcomm Still Rejects Broadcom’s $121 Billion Offer

That didn't take long. After a face-to-face meeting with its suitor, Qualcomm Inc. (NASDAQ: QCOM) rejected the "last and final" offer of $82 a share in cash and stock from ...
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Will Scrap Yards Solve the Crude Tanker Glut?

Depending on when and where one looks, day rates for very large crude carriers (VLCCs) run between $8,000 and around $20,000. The sad fact is that break-even rates for these ...
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Consumer Sentiment Ignores Equity Markets, Soars on Tax Cuts

The preliminary University of Michigan Consumer Sentiment Index for February reached its second-highest level since 2004 in the first half of the month despite the carnage in the equities market ...
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January Housing Starts Soar Nearly 10%

The U.S. Census Bureau and the Department of Housing and Urban Development reported Friday morning that new housing starts in January rose to a seasonally adjusted annual rate of 1.326 ...
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Amazon Apparel Sales Undressing Target

The battle for customers between Amazon.com Inc. (NASDAQ: AMZN) and Walmart Inc. (NYSE: WMT) is well-known and well-documented. In one retail sector, though, the battle is between Amazon and Target ...
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Deere Earnings Hit by Tax Law; Rising Guidance Is Strong

Deere & Co. (NYSE: DE) reported first-quarter fiscal 2018 results before markets opened Friday. The farm and heavy equipment maker posted a net loss of $535.1 million, or a diluted earnings per ...
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Treehouse Foods, Baker Hughes Sink into Thursday’s 52-Week Low Club

February 15, 2018: Here are four stocks trading with heavy volume among 51 equities making new 52-week lows in Thursday's session. On the NYSE advancers led decliners by 2 to ...
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Cisco, Apple Dominate DJIA Thursday

February 15, 2018: Markets opened higher Thursday still cruising on the latest inflation and jobs data. The U.S. economy is basically still growing and it's not looking like it will ...
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