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Paul Ausick

Peabody Earnings Surprise, Outlook Strengthens

ThinkstockPeabody Energy Corp. (NYSE: BTU) reported third-quarter 2013 results before markets opened Thursday morning. The coal miner’s adjusted diluted earnings per share (EPS) came to $0.05, on revenues of $1.8 billion. In the same…

Paul Ausick · 13 years ago

Lower Revenues Trump Dividend Boost for Goldman Sachs

Wikimedia CommonsGoldman Sachs Group Inc. (NYSE: GS) reported third-quarter 2013 results before markets opened Thursday morning. The investment bank and financial services giant posted quarterly diluted earnings per share (EPS) of $2.88 on revenue…

Paul Ausick · 13 years ago

Subscriber Growth Boosts Verizon Earnings

courtesy of VerizonVerizon Communications Inc. (NYSE: VZ) reported third-quarter 2013 results before markets opened Thursday morning. The telecom giant posted adjusted diluted quarterly earnings per share (EPS) of $0.77 on revenues of $30.28 billion.…

Paul Ausick · 13 years ago

Shipments, Guidance Weigh on Philip Morris Earnings

Wikimedia CommonsPhilip Morris International Inc. (NYSE: PM) reported third-quarter 2013 results before markets opened Thursday morning. The tobacco products firm posted adjusted diluted earnings per share (EPS) of $1.44 on revenue of $7.93 billion.…

Paul Ausick · 13 years ago

API Reports Crude Inventory Soars

ThinkstockThe federal government shutdown hit the U.S. Energy Information Administration last Friday and the agency will not publish its weekly report on petroleum data nor its weekly natural gas storage report, both due tomorrow…

Paul Ausick · 13 years ago

New CEO for Toys“R”Us, Just in Time for Soft Holiday Season?

ThinkstockThe world’s largest toy seller, Toys”R”Us, announced on Wednesday afternoon that it had hired interim CEO Antonio Urcelay as its permanent CEO. The company also hired Hank Mullany as President of its U.S. stores.…

Paul Ausick · 13 years ago

American Express Income Grows on U.S. Strength

ThinkstockAmerican Express Co. (NYSE: AXP) today reported third quarter results after markets closed Wednesday night. The financial services company reported diluted earnings per share (EPS) of $1.25 on revenues net of interest expense of…

Paul Ausick · 13 years ago

Wednesday Closing Bell: Markets React to Agreement

October 16, 2013: U.S. markets opened higher Wednesday morning after negotiations for a Senate deal got started again on Tuesday night. Shares had already touched daily highs by the time a deal was announced.…

Paul Ausick · 13 years ago

Beige Book on Auto-Pilot

ThinkstockThe U.S. economy continued to increase at a “modest to moderate pace” according to Wednesday’s release of the Federal Reserve’s October Beige Book. Employment growth, one of the key drivers of the Fed’s monetary…

Paul Ausick · 13 years ago

Crude Oil Inventories: Anybody’s Guess

ThinkstockThe U.S. Energy Information Administration (EIA) announced last Friday that it would close down due to “lack of appropriations,” government-speak for running out of money due to the federal shutdown. At least the agency…

Paul Ausick · 13 years ago

Veeva IPO Defies Jitters over U.S. Economy

ThinkstockVeeva Systems Inc. (NYSE: VEEV), a California-based company that makes cloud software solutions for the life sciences industry, held its initial public offering (IPO) Wednesday morning among a swirl of uncertainty about the U.S.…

Paul Ausick · 13 years ago

Calls Begin for End to U.S. Ban on Crude Oil Exports

ThinkstockIt was only a matter of time. In the wake of the 1973 OPEC oil embargo, the U.S. enacted a law in 1975 that prohibits (with minor exceptions) exporting U.S. crude oil. But as…

Paul Ausick · 13 years ago

Home Builder Confidence Tracks Economic Uncertainty

ThinkstockThe National Association of Home Builders (NAHB)/Wells Fargo housing market index fell by two points from a downwardly revised 57 in September to 55 in October. The reading was lower than a forecast of…

Paul Ausick · 13 years ago

PepsiCo Earnings Offer Little Fizz

Wikimedia Commons, Public DomainPepsiCo Inc. (NYSE: PEP) reported third-quarter 2013 results before markets opened Wednesday morning. For the quarter, the food and beverage company posted adjusted diluted earnings per share (EPS) of $1.24 on…

Paul Ausick · 13 years ago

No Thrills in Bank of America Earnings

Brian Katt / Wikimedia Commons / GNU Free Documentation LicenseBank of America Corp. (NYSE: BAC) reported third-quarter 2013 results before markets opened Wednesday morning. The investment bank and financial services giant posted quarterly diluted…

Paul Ausick · 13 years ago

Senate Resumes Talks After House Vote Cancelled

ThinkstockThe seemingly never-ending story of negotiations to end the Washington stalemate over the looming debt ceiling took a few more unexpected turns this after. First, the U.S. House cancelled a hastily-scheduled vote on a…

Paul Ausick · 13 years ago

Yahoo! Company Earnings Just Okay Again

courtesy of Yahoo!Yahoo! Inc. (NASDAQ: YHOO) reported fiscal third quarter 2013 results after markets closed Tuesday afternoon. The Internet portal company reported quarterly adjusted diluted earnings per share (EPS) of $0.34 on revenue of…

Paul Ausick · 13 years ago

Tuesday Closing Bell: Markets Dive on Failed Shutdown Talks

October 15, 2013: U.S. markets opened lower Tuesday morning and all managed to poke their noses above the break-even line before sliding back into negative territory where they closed out the day. A report…

Paul Ausick · 13 years ago

German Competitiveness Threatened by High Energy Costs

ThinkstockFor many years Germany led the world in adding solar energy to its electricity generation capacity. The country’s goal was to deliver competitively priced energy to residents and industrial firms while at the same…

Paul Ausick · 13 years ago