All Work

Paul Ausick

Loews Earnings Get a Boost from Insurance Arm

thinkstockLoews Corp. (NYSE: L) reported second-quarter 2013 results before markets opened this morning. The holding company reported net income of $269 million, or earnings per share (EPS) of $0.69, compared with $56 million, or…

Paul Ausick · 13 years ago

Activision Blizzard Nears All-Time High on Independence from Vivendi

courtesy GameStop Corp.The two transactions that will wrestle control of Activision Blizzard Inc. (NASDAQ: ATVI) from France’s Vivendi will transform Activision Blizzard into an independent company once more. The company will pay $13.60 a…

Paul Ausick · 13 years ago

Halliburton: Send Somebody to Jail

ThinkstockWhen oil services firm Halliburton Co. (NYSE: HAL) pleaded guilty to destroying evidence in an investigation of the causes of the explosion of the Deepwater Horizon that killed 11 workers and spilled 5 million…

Paul Ausick · 13 years ago

Weyerhaeuser Posts Solid Results, Fails to Impress Investors

ThinkstockWeyerhaeuser Co. (NYSE: WY) reported second-quarter fiscal 2013 results before markets opened this morning. The wood products REIT posted diluted earnings per share (EPS) of $0.35 on revenues of $2.1 billion. In the same period…

Paul Ausick · 13 years ago

Five-Count Criminal Indictment Hits SAC Capital

ThinkstockThe U.S. Attorney for the Southern District of New York has issued a five-count criminal indictment of SAC Capital Advisors, including four charges of securities fraud and one charge of wire fraud. The hedge…

Paul Ausick · 13 years ago

Natural Gas Futures Soften as Storage Inventories Rise

thinkstockThe U.S. Energy Information Administration (EIA) today reported the U.S. natural gas stocks increased by 41 billion cubic feet last week, compared with an expected build of between 47 billion and 51 billion cubic…

Paul Ausick · 13 years ago

Short Sellers Bailed Out on One Semiconductor Stock

ThinkstockWe have tracked the key short interest changes as of July 15 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

Short Interest in Solar Energy Companies Takes a Breather

ThinkstockWe have tracked the short interest in the following North American Solar companies as of July 15: Canadian Solar Inc. (NASDAQ: CSIQ); First Solar Inc. (NASDAQ: FSLR), GT Advanced Technologies Inc. (NASDAQ: GTAT), SunEdison…

Paul Ausick · 13 years ago

Ethanol Leaking from Train Derailment in Florida

ThinkstockThree tanker cars filled with ethanol are leaking the fuel from a CSX Corp. (NYSE: CSX) train that derailed at the Port of Tampa. Fifteen cars are off the track and firefighters are using…

Paul Ausick · 13 years ago

Short Sellers Choose One 3D Printing Stock to Like

ThinkstockWe have tracked the key short interest changes as of July 15 in the following 3D printer and services companies: 3D Systems Inc. (NYSE: DDD), Stratasys Ltd. (NASDAQ: SSYS), The ExOne Co. (NASDAQ: XONE)…

Paul Ausick · 13 years ago

GM Earnings Boast Strong Sales, Margins

courtesy of General MotorsGeneral Motors Co. (NYSE: GM) reported second-quarter fiscal 2013 results before markets opened this morning. The automaker posted diluted earnings per share (EPS) of $0.75 on revenues of $39.1 billion. In the…

Paul Ausick · 13 years ago

Homebuilder D.R. Horton Continues Getting Well

ThinkstockD.R. Horton Inc. (NYSE: DHI) reported third-quarter fiscal 2013 earnings before markets opened this morning. The home builder posted diluted earnings per share (EPS) of $0.42 on revenues of $1.6 billion. In the same period…

Paul Ausick · 13 years ago

Qualcomm Posts Good Numbers, Raises Guidance a Little

Qualcomm Inc. (NASDAQ: QCOM) reported third-quarter fiscal 2013 results after markets closed today. The communications chipmaker posted adjusted diluted earnings per share (EPS) of $1.03 on revenues of $6.24 billion. In the same period a…

Paul Ausick · 13 years ago

Gold, Coal Down the Shaft Today

ThinkstockMetallurgical coal miner Walter Energy Inc. (NYSE: WLT) today cut its quarterly dividend from $0.125 to $0.01. The cut was demanded by creditors in order to let the company amend a $2.73 billion senior…

Paul Ausick · 13 years ago

Dish Network Prevails in Ad-Skipping Appeal

ThinkstockEver since Dish Network Corp. (NASDAQ: DISH) introduced its ad-skipping technology called the “Hopper”, network TV operators have been seeking to kill the beast. No luck so far, though, as a federal appeals court…

Paul Ausick · 13 years ago

Michael Dell, Silver Lake Make Final Offer

courtesy of DellWill another $0.10 a share make the difference? Michael Dell and Silver Lake Partners have raised their price for Dell Inc. (NASDAQ: DELL) from $13.65 a share to $13.75, and said this…

Paul Ausick · 13 years ago

Crude Oil Supply Slides Again, Halts Falling Futures Price

ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report this morning. U.S. commercial crude inventories dropped by 2.8 million barrels last week, maintaining a total U.S. commercial crude inventory to 364.2…

Paul Ausick · 13 years ago