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Paul Ausick

Tesla Electric Car Sales Hamstrung by Reality, Not Capacity

Courtesy of Tesla MotorsWhen the markets open on Wednesday morning, indications are pretty clear that shares of Tesla Motors Inc. (NASDAQ: TSLA) are going to trade lower by around 11%. But where will those…

Paul Ausick · 13 years ago

Solar Maker SunEdison Earnings Okay, but Outlook Not So Bright

ThinkstockSunEdison Inc. (NYSE: SUNE) reported third-quarter 2013 results before markets opened Wednesday morning. The solar panel maker posted quarterly adjusted diluted earnings per share (EPS) of zero on adjusted revenues of $672 million. In…

Paul Ausick · 13 years ago

Mortgage Loan Rates Tick Higher

ThinkstockThe Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting a decrease of 7% in the group’s seasonally adjusted composite index following a rise of 6.4% for the previous…

Paul Ausick · 13 years ago

Tuesday Closing Bell: Markets Close Mixed after Weak Open

November 5, 2013: U.S. markets opened lower Tuesday morning on another day with little U.S. economic data on tap. The ISM non-manufacturing PMI for October came in better than expected but had little impact…

Paul Ausick · 13 years ago

GT Advanced Technologies to Supply Sapphire Glass for Apple

courtesy of Apple Inc.Semiconductor equipment and specialty materials maker GT Advanced Technologies Inc. (NASDAQ: GTAT) announced after markets closed Monday night that it will build a new manufacturing plant in Arizona after making a…

Paul Ausick · 13 years ago

KKR Acquires Stake in Marvell Technology: Bloomberg

ThinkstockPrivate equity firm Kohlberg Kravis Roberts & Co. (NYSE: KKR) have acquired about a 5% stake in chipmaker Marvell Technology Group Ltd. (NASDAQ: MRVL). At Marvell’s market cap at Monday night’s close a 5%…

Paul Ausick · 13 years ago

September Home Price Gains Solid, but Slowing

ThinkstockHome prices rose 12% again in September, compared with the same month a year ago, for a 19th consecutive monthly year-over-year gain, according to research firm CoreLogic Inc. (NYSE: CLGX). Home prices rose 0.2%…

Paul Ausick · 13 years ago

T-Mobile US Posts Big Subscriber Gain

courtesy of Apple Inc.T-Mobile US Inc. (NYSE: TMUS) reported third-quarter 2013 results before markets opened Tuesday morning. The wireless carrier posted revenues of $6.69 billion, compared with revenues of $6.15 billion in third quarter…

Paul Ausick · 13 years ago

DirecTV Earnings Rise on Subscriber Additions, Higher Prices

ThinkstockDirecTV (NASDAQ: DTV) reported third-quarter 2013 results before markets opened Tuesday morning. The satellite TV provider posted diluted earnings per share (EPS) of $1.28 on revenues of $7.88 billion. In the same period a…

Paul Ausick · 13 years ago

Mosaic Company Earnings Weak, Look to Get Weaker

thinkstock The Mosaic Co. (NYSE: MOS) reported third-quarter 2013 results before markets opened Tuesday morning. The fertilizer maker reported diluted earnings per share (EPS) of $0.29 on revenues of $1.9 billion. In the same…

Paul Ausick · 13 years ago

AOL Earnings Show Surprising Strength Below Headline Numbers

courtesy of AOL, IncAOL Inc. (NYSE: AOL) reported third-quarter 2013 results before markets opened Tuesday morning. The online media and brand company posted adjusted diluted earnings per share (EPS) of $0.55 on revenues of…

Paul Ausick · 13 years ago

What’s So Hot about Twitter?

courtesy of TwitterNow that Twitter Inc. has raised its initial public offering (IPO) price range from a prior spread of $17 to $20 to a new range of $23 to $25 there remain plenty…

Paul Ausick · 13 years ago

Monday Closing Bell: Markets Close Higher on Last-Minute Surge

November 4, 2013: U.S. markets opened higher Friday morning and took a dip before recovering beginning about noon. There was little data out today and earnings were also relatively scarce. European markets closed mostly…

Paul Ausick · 13 years ago

Penn National Gaming’s Casino REIT Spin-off Completed

ThinkstockPenn National Gaming Inc. (NASDAQ: PENN) completed on Monday the spin-off of its real-estate holdings into a new REIT, Gaming and Leisure Properties Inc. (G&LP) (NASDAQ: GLPI). The spin-off was first announced a year…

Paul Ausick · 13 years ago

SolarCity Shines on Private Note Placement

ThinkstockSolar installer SolarCity Corp. (NASDAQ: SCTY) announced Monday morning that it intends to offer $54.425 million in Solar Asset Backed Notes, Series 2013-1, subject to market condidtions. The notes mature in December 2026 and…

Paul Ausick · 13 years ago

Time to Re-evaluate Homebuilding Stocks?

ThinkstockThe reverse merger announced Monday morning between the homebuilding group associated with Weyerhaeuser Co. (NYSE: WY) and homebuilder TRI Pointe Homes Inc. (NYSE: TPH) is causing some investors to take another look at the…

Paul Ausick · 13 years ago

Twitter Lifts IPO Range, Valuation Rises

courtesy of TwitterIn a filing with the U.S. Securities and Exchange Commission Monday morning, Twitter has raised the price range for its initial public offering (IPO) from a prior $17 to $20 to a…

Paul Ausick · 13 years ago

Kellogg Earnings Overshadowed by Restructuring Plan

ThinkstockKellogg Co. (NYSE: K) reported third-quarter 2013 results before markets opened Monday morning. The exchange operator posted adjusted diluted earnings per share (EPS) of $0.95 on revenues of $3.72 billion. In the same period…

Paul Ausick · 13 years ago