All Work

Paul Ausick

Dell Strikes Again, Buys Another Software Outfit (DELL)

Dell Inc. (NASDAQ: DELL) is two-for-two this week. That is two acquisitions in two days. Today, the company announced its acquisition of Chicago-based Clerity Solutions, an IT solutions company that helps its customers to…

Paul Ausick · 14 years ago

Uranium Miner Makes Secondary Offering, Stock Falls (UEC)

Uranium miner Uranium Energy Corp. (AMEX: UEC) sold 5.56 million shares of common stock today at a per share price of $3.60, a discount of about 6.7% to last night’s closing price of $3.86/share.…

Paul Ausick · 14 years ago

And Everyone Thought Solyndra Was Bad News …

When Solyndra filed for bankruptcy forcing US taxpayers to swallow a $500 million loss, the public outcry caused some real problems for the solar industry and its champion, the Obama administration. The noise could…

Paul Ausick · 14 years ago

Molson Coors Buys European Brewer (TAP, BUD)

North American brewing giant Molson Coors Brewing Co. (NYSE: TAP) has announced the acquisition of StarBev L.P., a Central and Eastern European brewer based in The Netherlands and the Czech Republic, for $3.54 billion.…

Paul Ausick · 14 years ago

Morning Wire — US Stock-Index Futures Down Again

US index futures are moving down this morning as investors wait for the report from the US Commerce Department on factory orders. Economists expect a gain of 1.5% in orders. This afternoon the FOMC…

Paul Ausick · 14 years ago

Who Uses Smartphone Wi-Fi the Most? (AAPL, GOOG)

The folks at comScore Inc. (NASDAQ: SCOR) have an interesting bit of research out comparing Wi-Fi usage by smartphone users in the UK and the US. comScore wanted to “provide insight into Internet connection…

Paul Ausick · 14 years ago

Firms Approved to Make E15 Ethanol (ADM, BIOF, VLO)

The US Environmental Protection Agency yesterday released a list of 20 companies that have been approved to manufacture ethanol for use in blending the 15% ethanol-gasoline blend known as E15. Among the 20 companies…

Paul Ausick · 14 years ago

Battery Maker A123 Posts New Low (AONE)

Lithium-ion battery maker A123 Systems Inc. (NASDAQ: AONE) posted a new 52-week low of $0.96/share earlier today. The battery maker was hit last week with an estimated $55 million recall of modules and battery…

Paul Ausick · 14 years ago

Cleveland Fed President Recommends Current Course

Sandra Pianalto, president of the Federal Reserve Bank of Cleveland, said today that it is her belief that the Fed’s “accommodative monetary policy has put the economy on a path, albeit gradual, that will…

Paul Ausick · 14 years ago

Dell’s Acquisition of Wyse Looks Strange (DELL)

Dell Inc. (NASDAQ: DELL) announced this morning that it would acquire privately held Wyse Technology for an undisclosed sum and that it expects the deal to close in the second half of its 2013…

Paul Ausick · 14 years ago

Disk Drive Industry to Grow Again in 2012 (STX, WDC)

ThinkstockThe devastating and tragic flooding in Thailand put a severe crimp in the ability of disk drive makers like Seagate Technology PLC (NASDAQ: STX) and Western Digital Corp. (NYSE: WDC) to meet demand in…

Paul Ausick · 14 years ago

Asset Transactions Booming in Oil & Gas Sector

A total of $75 billion in unconventional oil and gas assets changed hands last year according to a report on MarketWatch citing a study by international consulting group IHS. That’s a record high for…

Paul Ausick · 14 years ago

Theravance Jumps on Glaxo Investment (THRX, GSK)

Theravance Inc. (NASDAQ: THRX) got a big boost today from a purchase of 10 million additional shares by GlaxoSmithKline plc (NYSE: GSK) at a 7.5% premium to a volume-weighted average share price for the…

Paul Ausick · 14 years ago

Harvest Natural Resources Sinks on Financing Plan (HNR)

Independent oil & gas company Harvest Natural Resources Inc. (NYSE: HNR) announced on Friday an “at-the-market” equity financing program that would allow the company to issue up to $75 million in common stock under…

Paul Ausick · 14 years ago

German Solar Maker to File for Bankruptcy

German solar panel maker Q-Cells SE, once the largest solar panel maker in the world, has said it will file for insolvency tomorrow following a failed attempt to restructure its debt. A court ruling…

Paul Ausick · 14 years ago

Good News Trumps Bad for Willbros (WG, ETP)

Oil & gas construction firm Willbros Group Inc. (NYSE: WG) announced preliminary results for the company’s fourth quarter and full fiscal year, at the same time that it said that it would be unable…

Paul Ausick · 14 years ago

Maybe the Rich are Like You and Me (AAPL, GOOG, RIMM)

Wealthier smartphone owners are a lot like the rest of us, at least when it comes to apps downloaded to their smartphones. The wealthy’s favorite app is Facebook, followed closely by Angry Birds and…

Paul Ausick · 14 years ago

Express Scripts, Medco Merger Completed (ESRX, CVS)

The $29.1 billion merger between Express Scripts Inc. (NASDAQ: ESRX) and Medco Health Solutions Inc. has been cleared by the Federal Trade Commission (FTC) and the companies have announced that the completion of the…

Paul Ausick · 14 years ago

New iPad a Hit with Buyers, Consumer Reports (AAPL)

The new iPad from Apple Inc. (NASDAQ: AAPL) turns out to be a hit with consumers and with Consumer Reports magazine, which recently reported that the new tablet could run pretty hot at times.…

Paul Ausick · 14 years ago