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Paul Ausick

Pending Home Sales Remain at Two-Year Low

ThinkstockThe National Association of Realtors (NAR) Friday morning released its data on pending sales of existing homes in January. The pending home sales index rose a tiny 0.1% from an upwardly revised index reading…

Paul Ausick · 13 years ago

Ford, GM Extend Big Discounts Through March

In an effort to drive up sales following nearly two months of awful weather, General Motors and Ford have extended their discounts on new vehicles through next month in an effort to attract traffic…

Paul Ausick · 13 years ago

3D Systems Clears Lowered Bar, Investors Bet on More Growth

3D Systems reported fourth-quarter and full-year 2013 results before markets opened Friday morning. Increasing R&D and infrasturcture spending had an impact on the results. Shares were up sharply in premarket trading.

Paul Ausick · 13 years ago

Apple Beats Back Patent Case in German Court

A regional court in Mannheim, Germany, dismissed a $2 billion claim against Apple made by IPCom, a Germany-based patent-owning company. The dismissal was made without comments.

Paul Ausick · 13 years ago

Gap Stores’ Dividend Hike Can’t Hide Lower Profit

Gap Stores reported better-than-expected fourth-quarter and full-year 2013 results after markets closed Thursday. The company also raised its dividend. Shares traded down in the after-hours market.

Paul Ausick · 13 years ago

The 4 Stocks That Dominated the Market on Thursday

thinkstockFebruary 27, 2014: Markets opened slightly lower on Thursday following a weaker report on new jobless claims and a more encouraging report on durable goods orders. Traders chose to follow the lead of the…

Paul Ausick · 13 years ago

ITT Educational Services Misses the Point of CFPB Complaint

The Consumer Financial Protection Bureau filed a lawsuit on Wednesday alleging that ITT Educational Services, the for-profit college chain, engages in "predatory student lending." On Thursday the company issued a rebuttal.

Paul Ausick · 13 years ago

GM Faces Investigation in Ignition Switch Recall

Two days ago GM doubled the number of vehicles included in its recall related to an ignition switch defect that is now linked to 13 deaths. The National Highway Transportation and Safety Administration has…

Paul Ausick · 13 years ago

Solar Short Interest Heats Up on One Stock

ThinkstockWe continue to track the short interest changes in a number of solar PV and installation companies. The following information is based on data reported on February 14. Canadian Solar Inc. (NASDAQ: CSIQ) saw…

Paul Ausick · 13 years ago

Short Interest in 3D Printing Sector Focuses on One Stock

ThinkstockWe continue to track the short interest changes in the primary 3D printer and services companies. The following information is based on data reported for the period ended February 14, 2014. Short interest in…

Paul Ausick · 13 years ago

J.C. Penney Rockets on Short Covering

The only way J.C. Penney stock is worth 20% more today is if you believe the company has really started its turnaround. Or you just have to cover your short position because this stock…

Paul Ausick · 13 years ago

NYSE Stocks With the Most Short Interest

ThinkstockHere is a look at the five NYSE-traded stocks with the largest number of shares held short as of February 14. Of the five, only two saw short interest decrease. AT&T Inc. (NYSE: T) saw…

Paul Ausick · 13 years ago

Natural Gas Drawdown Slows, Prices Slip Too

thinkstockThe U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks decreased by 95 billion cubic feet for the week ending February 21. That compared with an expected drop of 102…

Paul Ausick · 13 years ago

Nasdaq Stocks With the Largest Short Positions

ThinkstockHere is a look at the six Nasdaq-traded stocks with the largest number of shares held short as of February 14. Of the six, only one saw short interest fall, while the rest had short…

Paul Ausick · 13 years ago

Social Media Apps Boost Smartphone Use Past PCs

ThinkstockThe average U.S. consumer spends more than 60 hours a month consuming the delights of the Internet. More than half that time, about 34.3 hours, is spent on a smartphone, while just 27 hours…

Paul Ausick · 13 years ago

Home Foreclosure Numbers Improve, but Still Far to Go

ThinkstockIn the month of January, 48,000 U.S. home foreclosures were completed, down 11.8% month over month and down 19% from 59,000 in January 2013, according to research firm CoreLogic. While an improvement, the number…

Paul Ausick · 13 years ago

Why Nothing Goes Right for Sears

Sears Holdings reported fourth-quarter and full-year 2013 results before markets opened on Thursday. The struggling retailer did not post as large a loss as expected and its revenues beat estimates by a little.

Paul Ausick · 13 years ago

Earnings Fears Overdone at Best Buy

Best Buy reported better-than-expected fourth-quarter and full-year fiscal 2014 earnings before markets opened Thursday morning, but revenues fell short of estimates and same-stores sales declined.

Paul Ausick · 13 years ago

Best Buy to Fire 2,000 Managers: Report

courtesy Best Buy Co. Inc.Electronics retailer Best Buy Co. Inc. (NYSE: BBY) reports fourth-quarter and full-year results before markets open Thursday morning, but the company has reportedly already begun a cost-cutting program that could…

Paul Ausick · 13 years ago