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Paul Ausick

Mortgage Loan Rates Tick Down, Applications Slip

ThinkstockThe Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting a decrease of 1.2% in the group’s seasonally adjusted composite index. That followed a drop of 2.1% for the…

Paul Ausick · 12 years ago

Toyota, Justice Dept. Reach $1 Billion Settlement: CNN

A Tuesday evening report from CNN cites an anonymous source who said that the U.S. Department of Justice and Toyota have reached a settlement in the criminal investigation of the sudden acceleration of Toyota…

Paul Ausick · 12 years ago

SolarCity Finally Issues Results and Restated Expenses

ThinkstockAfter a delay of three weeks, SolarCity Corp. (NASDAQ: SCTY) reported fourth quarter and full-year 2013 results after markets closed on Tuesday. The solar PV installer was originally scheduled to report results on February…

Paul Ausick · 12 years ago

The 5 Stocks That Dominated the Market on Tuesday

thinkstockMarch 18, 2014: Markets opened higher on Tuesday and the number buyers rose throughout the day. There was something of a Vladimir Putin rally today following Russia’s formal annexation of Crimea, Putin’s claim that…

Paul Ausick · 12 years ago

Apple Cuts iPhone 5c Price for Some

Apple announced Tuesday that it would cut the price on its 9.7-inch iPad, but it did not announce that it was also lowering the price of its iPhone 5c in some markets. The change…

Paul Ausick · 12 years ago

No Cable TV? No NCAA Final Four

ThinkstockIf you do not have a pay TV subscription, do not count on watching most of the NCAA basketball tournament that gets underway Tuesday night. You will be unable to watch any of Tuesday…

Paul Ausick · 12 years ago

The Vladimir Putin Rally

ThinkstockIn a speech Tuesday morning, Russian President Vladimir Putin struck both a defiant and a conciliatory tone. On one hand he accused the West of fostering a putsch in Kiev and that Crimea is…

Paul Ausick · 12 years ago

New Housing Permits Up Sharply, Construction Starts Slip

ThinkstockThe U.S. Census Bureau and the Department of Housing and Urban Development reported Wednesday morning that new housing starts in February slipped to a seasonally adjusted annual rate of 907,000, a decrease of 0.2%…

Paul Ausick · 12 years ago

Milk Prices Reach All-Time High

ThinkstockThe price of milk rose to an all-time high in Chicago on Monday. At $24.32 per hundredweight, the price of milk is up 35% since early December. And the increases are almost entirely due…

Paul Ausick · 12 years ago

Hertz Hides Results Behind Spin-Off, Buyback

Hertz Global Holdings reported disappointing fourth-quarter and full-year 2013 results before markets opened Tuesday morning. The company also announced the spin-off of its equipment rental business.

Paul Ausick · 12 years ago

The 4 Stocks That Dominated the Market on Monday

thinkstockMarch 17, 2014: Markets opened higher on Monday very likely breathing a sigh of relief that the situation in Crimea did not turn into a military confrontation. There’s also a feeling that U.S. and…

Paul Ausick · 12 years ago

Do Solar Energy Stocks Still Matter?

JA Solar Holdings reported its first positive quarterly earnings in more than two years Monday morning to become the latest solar energy company to draw a line under the recovery of the solar photovoltaic…

Paul Ausick · 12 years ago

Alibaba IPO Lifts Sina, Yahoo!

Shares of Yahoo! and Sina Corp. got a nice boost Monday morning from the weekend's reports that China's e-commerce behemoth Alibaba has filed for a U.S. initial public offering. It is seeking to raise…

Paul Ausick · 12 years ago

Kandi: China’s Non-Tesla Electric Car Maker

About all that Kandi Technologies has in common with that other electric car maker -- Tesla Motors -- is that both companies use lithium ion batteries and both have seen their stock prices soar…

Paul Ausick · 12 years ago

Favorite Brand in Emerging Markets: Apple, of Course

Not surprisingly, when consumers in five emerging market countries were asked to name pick their choice of connected devices, Apple came out on top. Samsung continues to lead in sales however.

Paul Ausick · 12 years ago

Chesapeake Energy Files to Spin Off Oilfield Services Group

Chesapeake Energy filed a Form 10 with the SEC Monday morning with preliminary information regarding a spin-off of the company's wholly owned Chesapeake Oilfield Services business into a new stand-alone company to be named…

Paul Ausick · 12 years ago

Chrysler Joins Recall Parade

courtesy of Fiat SpAChrysler Group has issued a recall notice for 18,092 model year 2014 Fiat 500L vehicles to repair a defect that may have a delayed effect or no effect at all when…

Paul Ausick · 12 years ago

Crimea Applies to Join Russian Federation

ThinkstockJust one day after more than 90% of Crimea’s voters indicated their desire to join the Russian Federation, the region’s parliament has made a proposal to join the Federation as the Republic of Crimea.…

Paul Ausick · 12 years ago