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Year: 2013

All Year: 2013 Articles

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Microsoft Offers No Big Earnings Surprise

courtesy of MicrosoftMicrosoft Corp. (NASDAQ: MSFT) reported third fiscal quarter results after markets closed today. The software behemoth reported adjusted diluted earnings per share (EPS) of $0.65 on revenues of $20.49 billion. In the…

Paul Ausick · 13 years ago

IBM Corporate Earnings Face Revenue Decline, to Pressure DJIA

courtesy of IBMInternational Business Machines Corp. (NYSE: IBM) reported its corporate earnings for its first quarter. The report came to $3.00 in operating earnings per share and $23.4 billion in revenue. Thomson Reuters had…

Jon C. Ogg · 13 years ago

Russia and China Oil Giants Raise Billions in New Capital

Investing in Russia and investing in China are not exactly the easiest places for U.S. institutions to commit billions of dollars for exposure. There are Russian ETFs and China ETFs, and there are of…

Jon C. Ogg · 13 years ago

The Best Hybrid and Electric Cars

Courtesy of Tesla MotorsThere are about five dozen hybrid or all-electric cars available in the U.S. Of those, the editors of Kelley Blue Book chose 10 that they think are the best of the…

Paul Ausick · 13 years ago

Court Denies Restraining Order on J.C. Penney

courtesy J.C. Penney Co. Inc.In decision we predicted yesterday, a New York State appellate court judge denied a request from Macy’s Inc. (NYSE: M) prohibiting J.C. Penney Co. Inc. (NYSE: JCP) from selling goods…

Paul Ausick · 13 years ago

He’s Baaaack — Aubrey McClendon Launches New Venture

ThinkstockThat didn’t take long. Co-founder of and former Chesapeake Energy Corp. (NYSE: CHK) CEO and chairman Aubrey McClendon is back in the oil & gas business. McClendon’s last day at Chesapeake was April 1st,…

Paul Ausick · 13 years ago

Bitcoin Becomes BS-Coin, Mt. Gox Crashes Again

The great mystery and puzzlement behind Bitcoin may already be fading or disappearing. We recently questioned what the value would be for the price of gold or the price silver, based on speculators and…

Jon C. Ogg · 13 years ago

Earnings Surprise Brings Coal Sector Back into Focus

ThinkstockShares of Peabody Energy Corp. (NYSE: BTU) rose as much as 3.2% this morning after the company posted first-quarter earnings that were considerably better than expected. Peabody’s earnings per share (EPS) loss of $0.05…

Paul Ausick · 13 years ago

Intelsat IPO Disappoints, Only to Please

IntelsatThursday’s initial public offering of Intelsat S.A. (NYSE: I) appears to be off to a bit of a disappointing start, at least on the surface. The world’s largest commercial satellite operator is private equity…

Jon C. Ogg · 13 years ago

Two Fed Presidents: Praise and Bash QE and Bond Buying

The Federal Reserve may have released its Beige Book on Wednesday showing no real risks to quantitative easing and to the $85 billion per month used for buying bonds. Despite three weak economic readings…

Jon C. Ogg · 13 years ago

Cool Weather Slims Natural Gas Inventory

thinkstockThe U.S. Energy Information Administration (EIA) today reported the U.S. natural gas stocks increased by 31 billion cubic feet last week, slightly less than a build of between 33 and 37 billion cubic feet…

Paul Ausick · 13 years ago