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Paul Ausick

Twitter IPO + 1: A Big Success, but for Whom?

courtesy of TwitterThe initial public offering (IPO) of Twitter Inc. (NYSE: TWTR) will not dominate Friday’s financial news like it did Thursday’s, but there are a few things left to say. Well, maybe. Investors…

Paul Ausick · 13 years ago

OPEC Outlook Slights North American Shale

ThinkstockIn the 2013 edition of its World Oil Outlook, the Organization of Petroleum Exporting Countries (OPEC) said that it expects the nominal price of its reference basket to average $110 a barrel to 2020…

Paul Ausick · 13 years ago

Tesla Shares Burned by Third Car Fire

Courtesy of Tesla MotorsFor the third time in six weeks, an electric vehicle from Tesla Motors Inc. (NASDAQ: TSLA) caught fire on Wednesday. This incident occurred in Nashville, and Tesla said that it has…

Paul Ausick · 13 years ago

Natural Gas Supply Supports Price

thinkstockThe U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks increased by 35 billion cubic feet for the week ending November 1, compared with an expected build of about 34…

Paul Ausick · 13 years ago

The Impact of Public Frenzy on Twitter’s IPO

The much-anticipated Twitter initial public offering was as much as 30 times oversubscribed, and the shares opened at $45.10, well above the $26 IPO price. Also, institutional investors snapped up most of the 70…

Paul Ausick · 13 years ago

Twitter IPO: Trading Likely to Begin About 10 a.m.

courtesy of TwitterThe CEO of NYSE Euronext Inc. (NYSE: NYX) told CNBC News Thursday morning that the NYSE has done everything it can to provide a smooth initial public offering (IPO) for Twitter Inc.…

Paul Ausick · 13 years ago

Whole Foods Struggles to Revamp Its Image

ThinkstockWhen food retailer Whole Foods Market Inc. (NASDAQ: WFM) reported earnings after markets closed on Wednesday, the stock price fell 8% in after-hours trading, and it was down even further Thursday morning. The company’s…

Paul Ausick · 13 years ago

3D Printer Maker Stratasys Boosts Sales, Earnings

ThinkstockStratasys Ltd. (NASDAQ: SSYS) reported second-quarter fiscal 2013 results before markets opened this morning. The 3D printer maker posted adjusted diluted earnings per share (EPS) of $0.45 and $126.06 million in revenues. In the…

Paul Ausick · 13 years ago

CBS Earnings Rise Higher Revenues, Share Buybacks

ThinkstockCBS Corp. (NYSE: CBS) reported third quarter 2013 earnings after markets closed Wednesday. For the quarter, the broadcast and cable network posted diluted earnings per share (EPS) of $0.80 on revenues of $3.63 billion.…

Paul Ausick · 13 years ago

Solar Energy Installer SolarCity Earnings — Partly Sunny

ThinkstockSolarCity Corp. (NASDAQ: SCTY) reported third quarter 2013 earnings after markets closed Wednesday. For the quarter, the solar PV installer posted an adjusted earnings per share (EPS) loss of $0.43 on revenues of $48.6…

Paul Ausick · 13 years ago

SandRidge, Chesapeake Hit Oil Slicks

ThinkstockTwo major energy producers ran into some problems with investors on Wednesday after reporting third quarter earnings. SandRidge Energy Inc. (NYSE: SD) and Chesapeake Energy Corp. (NYSE: CHK) both posted results that were better…

Paul Ausick · 13 years ago

Why is J.C. Penney Having its Biggest Sale Ever?

courtesy J.C. Penney Co. Inc.Struggling retailer J.C. Penney Co. Inc. (NYSE: JCP) has started what it is billing as “Our Biggest Sale of Them All” and plans to run it through Saturday, November 9th.…

Paul Ausick · 13 years ago

Crude Oil Price Rises as Gasoline Inventories Decline

ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories increased by 1.6 million barrels last week, maintaining a total U.S. commercial crude inventory to 385.4…

Paul Ausick · 13 years ago

Starbucks Joins Companies Boosting Hiring of Veterans

courtesy of Starbucks In a press release Wednesday morning, Starbucks Corp. (NASDAQ: SBUX) announced that it plans to hire 10,000 U.S. military veterans and active duty spouses in the next five years. The company…

Paul Ausick · 13 years ago

Acquisition of Mindspeed by MACOM Sends Shares Soaring

ThinkstockM/A-COM Technology Solutions Holdings Inc. (NASDAQ: MTSI) has signed a definitive agreement to acquire semiconductor maker Mindspeed Technologies Inc. (NASDAQ: MSPD) for $5.05 a share, or a total of around $272 million, or about…

Paul Ausick · 13 years ago