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Paul Ausick

Media Landscape Changing as Consumers Get More Mobile

ThinkstockAmericans, on average, consume nearly 60 hours of media every week. How those hours are spent and what devices the time is spent on is changing though. The Nielsen Company has released latest Cross-Platform…

Paul Ausick · 13 years ago

Crude Oil Inventories Rise, Gasoline Supplies Drop

According to the U.S. Energy Information Administration, U.S. commercial crude inventories increased by 1.4 million barrels last week, maintaining a total U.S. commercial crude inventory of 363.8 million barrels.

Paul Ausick · 13 years ago

Nasdaq Launches New Market for Private Companies

The Nasdaq OMX Group on Wednesday morning launched its capital marketplace for private companies, the Nasdaq Private Market. The new market joins the likes of SecondMarket and SharesPost.

Paul Ausick · 13 years ago

Can UPS Save With Propane-Fueled Delivery Trucks?

UPS announced Wednesday morning that it will purchase 1,000 propane-fueled package delivery trucks and install 50 propane fueling stations at a cost of around $70 million. But UPS may not save a lot of…

Paul Ausick · 13 years ago

Canadian Solar Earnings Falter, Outlook Also Soft

Canadian Solar reported mixed fourth-quarter and full-year 2013 results before markets opened Wednesday morning. The Chinese solar panel maker warned production was lower in the first quarter due to the Lunar New Year holiday.

Paul Ausick · 13 years ago

Mortgage Loan Rates Slid Last Week, Mortgage Applications Rise

ThinkstockThe Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning. It noted an increase of 9.4% in the group’s seasonally adjusted composite index, following a drop of 8.5% for the…

Paul Ausick · 13 years ago

Smith & Wesson Defies Gun Sales Trend, Aims Higher

ThinkstockSmith & Wesson Holding Corp. (NASDAQ: SWHC) reported third-quarter fiscal 2014 earnings after markets closed on Tuesday. For the quarter, the gun maker posted diluted earnings per share (EPS) of $0.35 on revenues of…

Paul Ausick · 13 years ago

The 4 Stocks That Dominated the Market on Tuesday

thinkstockMarch 4, 2014: Markets opened higher on Tuesday as it became clear that shooting was not about to start in Ukraine today. A lot of yesterday’s downturn was no more than a hedge against…

Paul Ausick · 13 years ago

Gasoline Prices Up for 25 Consecutive Days

ThinkstockGasoline prices in the United States continue their seemingly inexorable path higher, putting up an average price per gallon of $3.46 on Tuesday, the 25th consecutive day that prices have increased. On the same…

Paul Ausick · 13 years ago

Trina Solar Puts Up Solid Fourth-Quarter Results

Chinese solar PV maker Trina Solar posted fourth-quarter and full-year 2013 results before markets opened on Tuesday morning. Operations clearly drove profits. Trina Solar appears to be pointed in the right direction.

Paul Ausick · 13 years ago

Fuel Cell Maker Plug Power Still Flying High

Plug Power shares added another 19% Tuesday morning as investors figure out where the company's next big orders will be coming from. The stock is up more than 4,500% from its 52-week low!

Paul Ausick · 13 years ago

Obama Administration Sides With Broadcasters Against Aereo

ThinkstockThe U.S. Solicitor General’s office filed an amicus brief with the U.S. Supreme Court Monday in support of U.S. broadcast TV networks seeking to extract licensing fees from Aereo Inc. The case is set…

Paul Ausick · 13 years ago

January Home Price Gains Push Prices to New Highs in Three States

ThinkstockHome prices rose 12% in January, compared with the same month a year ago, for a 23rd consecutive monthly year-over-year gain, according to research firm CoreLogic. Home prices in Louisiana, Nebraska and Texas surpassed…

Paul Ausick · 13 years ago

Facebook, Google in a Space Race?

Facebook is reportedly in discussions to acquire start-up drone maker Titan Aerospace. Facebook would use the drones to provide Internet access to areas of the world that are currently not connected.

Paul Ausick · 13 years ago

S&P Believes J.C. Penney’s Story, Raises Outlook

In the dead of night, after markets closed on Monday, Standard & Poor's issued a research update on J.C. Penney. Well, not exactly the dead of night, but in the late afternoon after markets…

Paul Ausick · 13 years ago

RadioShack Posts Massive Loss, Will Close 1,000 Stores

RadioShack reported deeper than expected net losses for the fourth-quarter and full-year 2013 results before markets opened Tuesday morning. The company also said it will close up to 1,000 stores.

Paul Ausick · 13 years ago

Stocks, Commodities Recover on Tuesday

After sliding as much as 1% on Monday, equity futures are pointing to a comeback on Tuesday following the news that Russian President Vladimir Putin has ordered troops in western Russia to return home…

Paul Ausick · 13 years ago

Molycorp Continues to Post Losses, Lower Revenues

ThinkstockMolycorp Inc. (NYSE: MCP) reported fourth quarter and full-year 2013 results after markets closed Monday. The rare earths miner posted an adjusted diluted loss of $0.28 per share on revenues of $123.81 million. For…

Paul Ausick · 13 years ago

McDermott International Posts Huge Surprise Loss

ThinkstockMcDermott International (NYSE: MDR) reported fourth quarter and full-year 2013 results after markets closed Monday. The offshore oilfield engineering and construction firm posted a diluted earnings per share (EPS) loss of $1.37 per share…

Paul Ausick · 13 years ago