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Paul Ausick

Michael Kors Guidance Disappoints

thinkstockMichael Kors Holdings Ltd. (NYSE: KORS) reported second fiscal quarter 2013 adjusted diluted earnings per share (EPS) of $0.49 and $532.9 million in revenues before markets opened this morning. In the same period a…

Paul Ausick · 14 years ago

Xerox Tries to Dazzle Investors with Buybacks, Higher Dividends

courtesy of XeroxAt the company’s annual investor conference today, Xerox Corp. (NYSE: XRX) plans to discuss its forecast for 2013, among other things. According to chairman and CEO Ursula Burns: Transforming Xerox to a…

Paul Ausick · 14 years ago

Weatherford on Track for New Low After Earnings

ThinkstockWeatherford International Inc. (NYSE: WFT) reported third-quarter 2012 results after markets closed last night. For the quarter, the oil field services company posted revenues of $3.82 billion. In the same period a year ago,…

Paul Ausick · 14 years ago

Home Depot Raises Forecast on Solid Earnings Beat

Wikimedia CommonsThe Home Depot Inc. (NYSE: HD) reported third-quarter adjusted diluted earnings per share (EPS) of $0.74 and $18.1 billion in revenues before markets opened this morning. In the same period a year ago,…

Paul Ausick · 14 years ago

S&P Sees Better, but Still Weak, Q3 Earnings

thinkstockWith 451 of the companies included in the S&P 500 index having reported quarterly earnings already, Standard & Poor’s Capital IQ unit reports that index growth is up 2.3% compared with the third quarter…

Paul Ausick · 14 years ago

Forecast Prices for Ag Commodities Fall

thinkstockA previous forecast price for corn of $9 a bushel was lowered by $0.75 following last week’s U.S. Department of Agriculture’s (USDA) most recept World Agricultural Supply and Demand Estimates (WASDE). The USDA now…

Paul Ausick · 14 years ago

IEA: Future Crude Production Keyed to U.S., Iraq

courtesy of the IEAThe International Energy Agency (IEA) released its latest World Energy Outlook today with the headline projection that by 2020 the United States will be the world’s leading oil producing nation. The…

Paul Ausick · 14 years ago

January 30: Do or Die Day for RIM?

courtesy of BlackberryBlackBerry maker Research in Motion Ltd. (NASDAQ: RIMM) today announced that its newest smartphones and operating system — BlackBerry 10 — would launch worldwide on January 30. The Canadian-based company said it…

Paul Ausick · 14 years ago

Leucadia Adds Investment Bank to Its Stable (LUK, JEF)

ThinkstockIn one of the odder acquisitions we’ve seen recently, diversified holding company Leucadia National Corp. (NYSE: LUK) today announced that it has agreed on a merger with investment bank Jefferies Group Inc. (NYSE: JEF).…

Paul Ausick · 14 years ago

Faulty Airbags in 900,000 Jeeps Force Recall

Chrysler Group LLC will recall 919,545 Jeep SUVs manufactured between 2001 and 2004 due to a faulty airbag control module that may cause the vehicles’ airbags to inflate while the car is being driven.…

Paul Ausick · 14 years ago

Ethanol Mandate About to Burn Out? (ADM, VLO)

ThinkstockFalling U.S. demand for gasoline has combined with high corn prices to force the closure of several U.S. ethanol plants. Ethanol makers are actually losing money on every gallon of the fuel they make…

Paul Ausick · 14 years ago

No El Niño Expected This Winter

thinkstockBack in July, the U.S. Climate Prediction Center (CPC) warned that an El Niño weather pattern was forming in the eastern Pacific Ocean, threatening the Northern Hemisphere with a warmer, drier weather pattern for…

Paul Ausick · 14 years ago