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Paul Ausick

Gains Continue in U.S. Crude Supply

ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report Monday morning for the week ending October 11. The agency did not report petroleum status last week due to the federal government…

Paul Ausick · 13 years ago

Sales of Existing Homes Fall from Six-Year High

ThinkstockThe National Association of Realtors (NAR) reports that the seasonally adjusted annual rate of existing home sales in September fell 1.9% to 5.29 million from an downwardly revised total of 5.39 million in August.…

Paul Ausick · 13 years ago

Not Enough Good News to Begin Taper: Chicago Fed President

ThinkstockThe president of the Federal Reserve Bank of Chicago, Charles Evans, said Monday morning in an interview on CNBC that the recently ended government shutdown has thrown U.S. fiscal policy into disarray and that…

Paul Ausick · 13 years ago

McDonald’s Earnings Foreshadow More Weakening

courtesy of McDonald'sMcDonald’s Corp. (NYSE: MCD) reported third-quarter 2013 results before markets opened Monday morning. The fast-food restaurant chain posted diluted earnings per share (EPS) of $1.52 on revenues of $7.32 billion. In the…

Paul Ausick · 13 years ago

Halliburton Earnings Fail to Impress Investors

ThinkstockHalliburton Co. (NYSE: HAL) reported third-quarter 2013 results before markets opened Monday morning. The oil and gas services company posted adjusted diluted earnings per share (EPS) of $0.83 on revenues of $7.5 billion. In…

Paul Ausick · 13 years ago

Another Oil Train Derails, Burns in Canada

ThinkstockA Canadian National Railway Co. (NYSE: CNI) derailed and four cars carrying crude oil and nine cars carrying liquefied petroleum gas (LPG) caught fire about 50 miles west of Edmonton, Alberta, early Saturday morning.…

Paul Ausick · 13 years ago

Boeing Slices 747 Production — Again

Courtesy of Boeing Co.For the second time this year The Boeing Co. (NYSE: BA) announced Friday that it will cut its production rate for the company’s venerable 747-8 jumbo jet. Production will be cut…

Paul Ausick · 13 years ago

Toyota Recalls 870,000 Buggy Cars — Actually, Spidery

courtesy of Toyota Motor Corp.Toyota Motor Corp. (NYSE: TM) is recalling 870,000 vehicles from a number of different model years and countries for a problem that could cause the vehicles’ air bags to inflate.…

Paul Ausick · 13 years ago

Is Coal a Safe Investment Again?

ThinkstockAfter reporting third-quarter results Thursday, Peabody Energy Corp. (NYSE: BTU) jumped more than 9%, before ending the day about 3.7% higher. On Friday morning, shares tried to make a comeback, but they were trading…

Paul Ausick · 13 years ago

Voxeljet IPO Printing Money in 3D

ThinkstockGermany-based Voxeljet A.G. (NYSE: VJET) held its initial public offering (IPO) Friday morning, selling 6.5 million shares at $13, the low end of its expected range of $13 to $15. The 3D printer maker…

Paul Ausick · 13 years ago

Baker Hughes Earnings Push Shares to Two-Year High

ThinkstockBaker Hughes Inc. (NYSE: BHI) reported third-quarter results before markets opened Friday morning. The oil field services firm posted adjusted diluted quarterly earnings per share (EPS) of $0.81 on revenues of $5.79 billion. In…

Paul Ausick · 13 years ago

General Electric Earnings Beat, Record Backlog Please Investors

courtesy of General ElectricGeneral Electric Co. (NYSE: GE) reported second-quarter 2013 results before markets opened this morning. The conglomerate posted adjusted diluted quarterly earnings per share (EPS) of $0.36 on revenues of $35.73 billion.…

Paul Ausick · 13 years ago

Schlumberger Takes Aim at New 52-Week High on Earnings

ThinkstockSchlumberger Ltd. (NYSE: SLB) reported third-quarter 2013 results before markets opened Friday morning. The oil field services firm posted adjusted diluted quarterly earnings per share (EPS) of $1.29 and revenues of $11.61 billion. In…

Paul Ausick · 13 years ago

Thursday Closing Bell: Markets Mixed at Close

October 17, 2013: U.S. markets opened lower Thursday morning following the agreement last night to end (for now) to the federal government shutdown and to raise the debt ceiling temporarily. Disappointing earnings results from…

Paul Ausick · 13 years ago

ParkerVision Prevails in Suit Against Qualcomm, Shares Halted

ThinkstockA federal jury in Florida ruled Thursday that chipmaker Qualcomm Inc. (NASDAQ: QCOM) had both directly and indirectly infringed on patents owned by ParkerVision Inc. (NASDAQ: PRKR). According to a press release from ParkerVision…

Paul Ausick · 13 years ago

Another 3D Printing Firm Set for IPO

ThinkstockGermany-based Voxeljet A.G. is expected to price its initial public offering (IPO) Thursday night and offer the shares for sale Friday morning. The 3D printer maker is scheduled to price 6.5 million shares in…

Paul Ausick · 13 years ago

UnitedHealth Earnings OK, Outlook Disappoints

ThinkstockUnitedHealth Group Inc. (NYSE: UNH) reported third-quarter 2013 results before markets opened Thursday morning. The health insurance and benefits management firm posted diluted quarterly earnings per share (EPS) of $1.53 on revenues of $30.6…

Paul Ausick · 13 years ago