All Work

Paul Ausick

Antero Resources IPO Strikes Wall Street Oil

ThinkstockThe initial public offering (IPO) of Antero Resources Corp. (NYSE: AR) got a lot of attention in June when the firm’s controlling owner, private equity firm Warburg Pincus LLC, filed for an IPO of…

Paul Ausick · 13 years ago

Another Big Gain in Natural Gas Inventory

thinkstockThe U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks increased by 90 billion cubic feet last week, compared with an expected build of about 96 billion cubic feet anticipated…

Paul Ausick · 13 years ago

High-Yield Dividend Stocks Face Rising Short Interest

ThinkstockShort sellers have increased their bets against the stable high-dividend stocks that are in most Americans’ retirement accounts and mutual funds. The end-of-September short interest saw year highs in a few cases. Only a…

Paul Ausick · 13 years ago

Short Sellers Switch Allegiances on Chip Stocks

ThinkstockWe have tracked the key short interest changes as of September 30 in the following semiconductor leaders: Intel Corp. (NASDAQ: INTC), Advanced Micro Devices Inc. (NYSE: AMD), Micron Technology Inc. (NASDAQ: MU), SanDisk Corp.…

Paul Ausick · 13 years ago

New Jobless Claims Rise as Government Shuts Down

Ed Brown, via Wikimedia CommonsNew claims for unemployment benefits jumped 66,000 in the week ending last Saturday, according to the weekly report from the U.S. Department of Labor. The total rose to 374,000 from…

Paul Ausick · 13 years ago

BlackBerry: The Whole Worth Less Than the Sum of Its Parts?

Courtesy BlackBerryThe $4.7 billion buyout offer for BlackBerry Ltd. (NASDAQ: BBRY) from Canada’s Fairfax Holdings could be in trouble. The investment firm, led by former BlackBerry chairman Prem Watsa, apparently is having some difficulty…

Paul Ausick · 13 years ago

One Big Move by Short Sellers in 3D Printing Sector

Courtesy of 3D Systems Inc.We have tracked the key short interest changes as of September 30 in the following 3D printer and services companies: 3D Systems Inc. (NYSE: DDD), Stratasys Ltd. (NASDAQ: SSYS), The…

Paul Ausick · 13 years ago

Short Interest in Solar Stocks Focused on Just Two Names

ThinkstockWe have tracked the short interest in the following North American Solar companies as of September 30: Canadian Solar Inc. (NASDAQ: CSIQ), First Solar Inc. (NASDAQ: FSLR), GT Advanced Technologies Inc. (NASDAQ: GTAT), SunEdison…

Paul Ausick · 13 years ago

The Economic Impact of Obamacare: What’s Missing

Thinkstock What’s Missing — October 21, 2013 The implementation of the health insurance exchanges that began on October 1 has not been an unqualified success. The Congressional Budget Office estimates for the costs of…

Paul Ausick · 13 years ago

The Economic Impact of the Government Shutdown: $24 Billion Lost

Thinkstock A $24 Billion Standoff — October 17, 2013 Wednesday night, Congress approved and the president signed a bill that reopens the federal government and extends the U.S. borrowing authority. As we noted in yesterday’s…

Paul Ausick · 13 years ago

Wednesday Closing Bell: Markets Edge Higher on Less Bad News

October 9, 2013: U.S. markets opened slightly higher Wednesday morning but sank to daily lows by mid-morning following the inventory report on crude oil, which showed another massive addition to supplies. The release of…

Paul Ausick · 13 years ago

Music Festival Promoter’s IPO Fizzles

ThinkstockSFX Entertainment Inc. (NASDAQ: SFXE) held its initial public offering (IPO) Wednesday morning, selling about 3.8 million shares at an IPO price of $13, the top of its proposed range of $11 to $13…

Paul Ausick · 13 years ago

Surplus to Cost Uncle Sugar Up to $300 Million

ThinkstockThe federal government has been buying sugar since June as it is required to do by law when the price falls below $0.21 a pound. Uncle Sugar indeed! A report at Bloomberg indicates that…

Paul Ausick · 13 years ago

Crude Price Tumbles on Big Inventory Gain

ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories increased by 6.8 million barrels last week, maintaining a total U.S. commercial crude inventory to 370.5…

Paul Ausick · 13 years ago

French Government Tells Alcatel to Rethink Job Cuts

ThinkstockWhen telecom giant Alcatel-Lucent S.A. (NYSE: ALU) announced Tuesday morning that it would cut 10,000 jobs and make other changes to cut costs, it could have been predicted that the company would get some…

Paul Ausick · 13 years ago

Retailers Look Weak: Costco, Family Dollar Earnings

ThinkstockTwo major retail chains reported fiscal fourth-quarter results Wednesday morning, and while neither one was a complete dud, they did not set off fireworks either. Costco Wholesale Corp. (NASDAQ: COST) and Family Dollar Stores…

Paul Ausick · 13 years ago

Second Norwegian Dreamliner Goes Back to the Shop

courtesy Boeing Co.Norwegian Air Shuttle expects to get one of its two 787 Dreamliners back from Boeing Co. (NYSE: BA) late next week. Then the airline will send the second plane to Boeing as…

Paul Ausick · 13 years ago

Mortgage Loan Rates Dip, Boosting Applications

ThinkstockThe Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting an increase of 1.3% in the group’s seasonally adjusted composite index, following a drop of 0.4% for the previous…

Paul Ausick · 13 years ago

Yum! Brands Earnings Broiled by China Write-Down

courtesy of KFCYum! Brands Inc. (NYSE: YUM) reported third-quarter results after markets closed on Tuesday. The fast-food restaurant operator posted adjusted diluted earnings per share (EPS) of $0.85 and revenues of $3.47 billion. In…

Paul Ausick · 13 years ago