All Work

Paul Ausick

French Unemployment at 14-year High

ThinkstockA stalled French economy continues to bleed jobs as another 45,100 job seekers joined the nearly 3.1 million French citizens already looking for work in October. The total number of unemployed French workers now…

Paul Ausick · 14 years ago

Higher Prices Wipe Out Gains to U.S. Farm Income

thinkstockThe U.S. Department of Agriculture (USDA) said this morning that net farm income in the U.S. would fall 3.3% in 2012, to $114 billion from 2011’s record high net income of $116 billion. Net…

Paul Ausick · 14 years ago

Shoppers Snap Up Electronic Gadgets

ThinkstockOver the four-day Thanksgiving holiday weekend, U.S. consumers spent about a third of their gift-giving budgets on consumer electronics gadgets, second only to clothes buying as a percentage of spending. That number comes from…

Paul Ausick · 14 years ago

More Downside for Steelmaker

ThinkstockSteelmaker and recycler Schnitzer Steel Industries Inc. (NASDAQ: SCHN) said today that it expects net income for its first fiscal quarter of 2013 ending this month to be breakeven before taking a pretax restructuring…

Paul Ausick · 14 years ago

EPA Approval Bumps Up Clean Diesel’s Shares

ThinkstockShares of Clean Diesel Technologies Inc. (NASDAQ: CDTI) are up sharply this morning following verification of the company’s Purifilter emissions reduction system for diesel engines by the U.S. Environmental Protection Agency. Shares have nearly…

Paul Ausick · 14 years ago

Apple Reclaims Top Spot in Smartphone Sales — Kantar

ThinkstockThe iOS operating system from Apple Inc. (NASDAQ: AAPL) has reclaimed the lead in the U.S. smartphone sales race, according to the latest data from Kantar Worldpanel. In the 12 weeks ending on October…

Paul Ausick · 14 years ago

U.S. Home Prices Rise Again in September

ThinkstockThe S&P/Case-Shiller home price index for September was higher for the sixth consecutive month. The 20-city composite rose 0.3% in September, lower than the consensus expectation for a rise of 0.4% and below the…

Paul Ausick · 14 years ago

Corning Sees Higher Demand for LCD Screens

ThinkstockIn an announcement of its annual investor conference today, Corning Inc. (NYSE: GLW) said that it expects the retail market for LCD TV sets and other consumer electronics devices to improve in the current…

Paul Ausick · 14 years ago

ConAgra Finally Acquires Ralcorp

courtesy ConAgra Foods Inc.In September of 2011, ConAgra Foods Inc. (NYSE: CAG) withdrew its $5.2 billion bid to acquire packaged foods competitor Ralcorp Holdings Co. (NYSE: RAH). This morning the companies announced a definitive…

Paul Ausick · 14 years ago

ADT Meets Expectations, Growth Forecast Slims

ThinkstockThe ADT Corp. (NYSE: ADT) reported fourth-quarter and full fiscal year 2012 results before markets opened this morning. Quarterly adjusted diluted earnings per share (EPS) totaled $0.43 and revenues came in at $812 million.…

Paul Ausick · 14 years ago

Holiday Shopping: Black Friday, Cyber Monday Summary

ThinkstockAs hard as retailers, both online and in the real world, compete for sales over the long Thanksgiving holiday weekend, so to do online and research firms compete to see which can report sales…

Paul Ausick · 14 years ago

Facebook Gets More Love

courtesy Facebook Inc.Last week Facebook Inc. (NASDAQ: FB) announced some changes to its policies on how the social network will use all the data it collects about its 1 billion users. In general, Facebook…

Paul Ausick · 14 years ago

What’s the Difference Between an iPhone and a Harley?

courtesy of AppleThere’s an old joke about banjos: What’s the difference between a banjo and a Harley? Answer: You can tune a Harley. As far as the iPhone from Apple Inc. (NASDAQ: AAPL) and…

Paul Ausick · 14 years ago

Google Acquisition Denied

Wikimedia CommonsIn an apparent mix-up at PRWeb.com, Google Inc. (NASDAQ: GOOG) was said to have acquired WiFi hotspot provider ICOA Inc. for $400 million. The CFO of ICOA has now denied that the acquisition…

Paul Ausick · 14 years ago

White House Report Warns of Coming Tax Hikes

thinkstock In yet another effort by the Obama administration to put pressure on Republican Party opponents to negotiate a solution to the coming fiscal cliff, the White House today released a report called “The…

Paul Ausick · 14 years ago

McGraw-Hill Education Division Sold

ThinkstockThe education division of The McGraw-Hill Companies Inc. (NYSE: MHP) has been sold to subsidiaries of Apollo Global Management LLC (NYSE: APO) for $2.5 billion the company announced this morning. The publishing house said…

Paul Ausick · 14 years ago

UnitedHealth Forecast Disappoints

ThinkstockIn an announcement for its annual investor conference tomorrow, UnitedHealth Group Inc. (NYSE: UNH) reaffirmed its earnings per share (EPS) forecast for 2012 at $5.20 to $5.25. But in its first estimate of fiscal…

Paul Ausick · 14 years ago

Catalonia Votes for Independence

ThinkstockIn a snap election announced just a few weeks ago, voters in the Spanish region of Catalonia have given a clear majority of votes to parties seeking referendum on independence from Spain. The movement…

Paul Ausick · 14 years ago