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Paul Ausick

Boeing Raises Guidance, Shares Take Aim at New High

courtesy Boeing Co.The Boeing Co. (NYSE: BA) reported third-quarter 2013 results before markets opened Wednesday morning. For the quarter, the aerospace company posted adjusted diluted earnings per share (EPS) of $1.80 on revenues of…

Paul Ausick · 13 years ago

Caterpillar Slashes Guidance Following Another Round of Weak Results

ThinkstockCaterpillar Inc. (NYSE: CAT) reported third-quarter 2013 results before markets opened Wednesday morning. For the quarter, the heavy equipment firm posted diluted earnings per share (EPS) of $1.45 on revenues of $13.42 billion. In…

Paul Ausick · 13 years ago

Mortgage Loan Rates at Four-Month Lows

The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting a decrease of 0.6% in the group’s seasonally adjusted composite index, following a rise of 0.3% for the previous…

Paul Ausick · 13 years ago

Cree’s Mixed Results Darkened by Outlook

ThinkstockCree Inc. (NASDAQ: CREE) reported first fiscal quarter 2014 results after markets closed on Tuesday. For the quarter, the LED-lighting maker posted adjusted diluted earnings per share (EPS) of $0.39 on revenues of $391…

Paul Ausick · 13 years ago

Broadcom Guidance Sinks Shares

ThinkstockBroadcom Corp. (NASDAQ: BRCM) reported third quarter 2013 results after markets closed on Tuesday. For the quarter, the semiconductor maker posted adjusted diluted earnings per share (EPS) of $0.76 on revenues of $2.15 billion.…

Paul Ausick · 13 years ago

Tuesday Closing Bell: Market Holds Onto Early Gains

October 24, 2013: U.S. markets opened higher Tuesday morning as investors interpreted the weak non-farm payroll report to indicate a continuation of the Fed’s asset purchase program at existing levels. That’s probably a good bet…

Paul Ausick · 13 years ago

No Takers for Endeavour International

ThinkstockLast February independent oil & gas company Endeavour International Corp. (NYSE: END) initiated a strategic review to help it “further enhance shareholder value.” The company needed the help. Its size works against it. At…

Paul Ausick · 13 years ago

Transocean, and Carl Icahn, Supplant Dell on S&P 500

ThinkstockOffshore drilling and services firm Transocean Ltd. (NYSE: RIG) will replace Dell Inc. on the S&P 500 index after the close of trading on Monday, October 28. Transocean, based in Zug, Switzerland, had a…

Paul Ausick · 13 years ago

Natural Gas Supply Build Keeps Prices Steady

thinkstockThe U.S. Energy Information Administration (EIA) reported Tuesday morning that U.S. natural gas stocks increased by 77 billion cubic feet for the week ending October 11, compared with an expected build of about 75…

Paul Ausick · 13 years ago

August New Construction Spending Climbs Again

ThinkstockThe U.S. Census Bureau reported Tuesday morning that construction spending in August increased by 0.6% to an estimated seasonally adjusted annual rate of $915.1 billion from an upwardly revised estimate of $909.4 billion in…

Paul Ausick · 13 years ago

UTX Earnings Lack GE Oomph, a Set-Up for 3M

ThinkstockUnited Technologies Corp. (NYSE: UTX) reported third-quarter results before markets opened Tuesday morning, and the results were just okay. Profit up 1.2%, earnings per share (EPS) better than the consensus estimate, while revenue missed…

Paul Ausick · 13 years ago

Freeport-McMoRan Earnings Lifted by Oil and Gas Production

ThinkstockFreeport-McMoRan Copper & Gold Inc. (NYSE: FCX) reported third-quarter 2013 results before markets opened Tuesday morning. The mining company posted diluted earnings per share (EPS) of $0.79 on revenues of $6.17 billion. In the…

Paul Ausick · 13 years ago

Delta Air Lines Earnings Set Path to New High

courtesy of Delta Air LinesDelta Air Lines Inc. (NYSE: DAL) reported third-quarter 2013 results before markets opened Tuesday morning. The airline posted adjusted diluted quarterly earnings per share (EPS) of $1.41 on revenues of…

Paul Ausick · 13 years ago

RadioShack Earnings Worse Than Awful

ThinkstockRadioShack Corp. (NYSE: RSH) reported third-quarter 2013 results before markets opened Tuesday morning. The electronics retailer posted an adjusted net earnings per share (EPS) loss of $1.11 on $805 million in revenue. In the…

Paul Ausick · 13 years ago

Only One Bidder for Massive Brazilian Offshore Oil Field

ThinkstockYou would think that the auction of an oil field with as much as 15 billion barrels of oil in place would attract a lot of attention. Well it did attract some demonstrations against…

Paul Ausick · 13 years ago

The Most Popular Video Sites in America

ThinkstockOnline video has radically changed the way Americans consume media. People want to watch when it is convenient for them, not when network programmers want them to. The industry’s term for it is “video…

Paul Ausick · 13 years ago

Penney’s Snips Ties to Martha Stewart

courtesy J.C. Penney Co. Inc.Yet another of former CEO Ron Johnson’s big ideas to lift the fortunes of J.C. Penney Co. Inc. (NYSE: JCP) is coming unraveled. The wide-ranging deal signed in late 2011…

Paul Ausick · 13 years ago

MLP Unit Merger, Higher Dividends From The Parts

ThinkstockShares of Crosstex Energy Inc. (NASDAQ: XTXI) are up more than 60% in the early afternoon on Monday and common units of Crosstex Energy LP (NASDAQ: XTEX) are up more than 35% following the…

Paul Ausick · 13 years ago