Author Archives: Paul Ausick

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A New Problem for Clean Energy: Dealing With Old Windmill Blades

If you live in a state where wind power is generating an increasing share of electricity, you've probably passed a windmill blade being towed down the highway and assumed that ...
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Macy’s Hit With Malware Attack, Customer Data Stolen

Retail giant Macy's Inc. (NYSE: M) revealed on Tuesday that its e-commerce website, Macys.com, was the victim of a malware attack on October 7. The malware, known as Magecart, installs ...
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FCC Bigfoots Satellite Companies

There's nothing like getting bigfooted by the federal government to send investors fleeing. That's what happened yesterday to Intelsat S.A. (NYSE: I) following a tweet by Federal Communications Commission Chair ...
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October Housing Starts Maintain Solid Upward Trend

The U.S. Census Bureau and the Department of Housing and Urban Development reported Tuesday morning that new housing starts in October rose to a seasonally adjusted annual rate of 1.31 ...
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Why Home Depot Stumbled on Earnings

Home Depot Inc. (NYSE: HD) reported third-quarter 2019 results before markets opened Tuesday. The home improvement store posted diluted net earnings per share (EPS) of $2.53 on revenues of $27.2 ...
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Ford’s Mustang Mach-E Takes Pages From Tesla Playbook

At the Los Angeles Auto Show on Sunday, Ford Motor Co.'s (NYSE: F) executive chair, Bill Ford, introduced the company's first all-electric vehicle, the Mustang Mach-E sport-utility vehicle (SUV). The ...
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Is HollyFrontier’s Plan for Growth, Shareholder Returns Good Enough?

Shares of refiner HollyFrontier Corp. (NYSE: HFC) traded up about 3% Monday morning following the company's announcement that it plans to build a new biodiesel plant, boost its dividend and ...
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For Saudi Arabia’s Richest, the Aramco IPO Is Payback Time

The Kingdom of Saudi Arabia on Sunday announced that it will not market its initial public offering (IPO) of shares in the country's national oil company, known as Saudi Aramco, ...
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Why HP Left the Door Open for Xerox

To no one's surprise, HP Inc. (NYSE: HPQ) on Sunday rejected the buyout offer from Xerox Holdings Corp. (NYSE: XRX). The rejection, signed by CEO Enrique Lores and Chair Chip ...
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Health Care Data Breaches May Cost More Than Money

Cybersecurity threats against health care organizations rose by 60% year over year in the first three quarters of 2019. Phishing or spear-phishing is the most commonly used attack against health ...
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FDA Poised to Drop the Hammer on Dollar Tree

The U.S. Food and Drug Administration (FDA) on Thursday revealed that it had sent a letter to Gary Philbin, CEO of Greenbrier International, which does business as Dollar Tree Inc. ...
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Aurora Cannabis Faces Same Struggles as Other Pot Growers

Aurora Cannabis Inc. (NYSE: ACB) reported first-quarter fiscal 2020 results after markets closed Thursday. The marijuana grower and distributor reported earnings per share (EPS) of C$0.01 on revenues of C$75.25 ...
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What Investors Are Seeing in JC Penney Q3 Results

J.C. Penney Co. Inc. (NYSE: JCP) reported third-quarter 2019 results before markets opened Friday. The struggling retailer reported an adjusted net loss per share of $0.30 and $2.38 billion in ...
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Amazon Protests Trump’s Role in $10 Billion Federal Contract Award to Microsoft

The inevitable protest by Amazon.com Inc. (NASDAQ: AMZN) of the U.S. Department of Defense's decision to award a $10 billion cloud services contract to Microsoft Corp. (NASDAQ: MSFT) is coming ...
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Nvidia Investors Expected a Lot and the Company Didn’t Deliver

Nvidia Corp. (NASDAQ: NVDA) reported fiscal 2020 third-quarter results after markets closed on Thursday. For the quarter the chipmaker reported adjusted diluted earnings per share (EPS) of $1.78 and $3.01 ...
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