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Paul Ausick

Coty IPO Raises $1 Billion for Existing Shareholders

ThinkstockOne of the world’s largest consumer products companies raised $1 billion in an initial public offering (IPO) this morning. Coty Inc. (NYSE: COTY) sold 57.1 million shares of class A stock at the mid-point…

Paul Ausick · 13 years ago

Dish Network Bid for Clearwire Gets Board Committee Backing

ThinkstockA special committee of the board of directors of Clearwire Corp. (NASDAQ: CLWR) is expected to recommend that the company accept the buyout offer from Dish Network Corp. (NASDAQ: DISH), and rescind its acceptance…

Paul Ausick · 13 years ago

Live Nation Wins German Arbitration Case

ThinkstockLive music concert promoter Live Nation Entertainment Inc. (NYSE: LYV) today announced that it has prevailed in a dispute with Germany-based ticketing software firm CTS Eventim AG. Shares of Live Nation were halted briefly…

Paul Ausick · 13 years ago

German Shift from Nuclear to Renewable Energy Gets Expensive

thinkstockGerman Chancellor Angela Merkel is suggesting that renewable power producers pay more to support upgrades to the country’s electricity grid as Germany shuts down its nuclear energy generating plants in favor of cleaner natural…

Paul Ausick · 13 years ago

Nearly 10 Million Homeowners Still Underwater on Mortgage Loans

ThinkstockRising home prices have floated 9.7 million homeowners with underwater mortgages back into a positive equity position in the past year. But 19.8% of all residential properties remained underwater at the end of the…

Paul Ausick · 13 years ago

Crude Oil Futures Hold Gains After Inventory Report

ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report this morning. U.S. commercial crude inventories increased by 2.5 million barrels last week, bringing the total U.S. commercial crude inventory to 393.8…

Paul Ausick · 13 years ago

Enbridge Files for IPO of New MLP

ThinkstockOil and gas midstream master limited partnership (MLP) Enbridge Energy Partners L.P. (NYSE: EEP) has filed a registration statement with the U.S. Securities and Exchange Commission for an initial public offering (IPO) of Midcoast…

Paul Ausick · 13 years ago

First Solar to Sell More Shares

ThinkstockFirst Solar Inc. (NASDAQ: FSLR) has stolen half a page from the playbook of Tesla Motors Inc. (NASDAQ: TSLA). The solar panel maker yesterday filed an automatic shelf registration statement. And while this type…

Paul Ausick · 13 years ago

3D Printing Stocks See Mixed Interest from Short Sellers

Courtesy of 3D Systems Inc.We have tracked the key short interest changes as of May 31 in the following 3D printer and services companies: 3D Systems Inc. (NYSE: DDD), Stratasys Ltd. (NASDAQ: SSYS), The…

Paul Ausick · 13 years ago

Mortgage Loan Applications Rise Slightly as Loan Rates Push Higher

ThinkstockThe Mortgage Bankers Association (MBA) released its weekly report on mortgage applications this morning, noting a rise of 5% in the group’s seasonally adjusted composite index following a decline of 11.5% for the previous…

Paul Ausick · 13 years ago

Solar Energy Short Interest Fades

ThinkstockWe have tracked the short interest in the following North American Solar companies as of May 31: Canadian Solar Inc. (NASDAQ: CSIQ), First Solar Inc. (NASDAQ: FSLR), GT Advanced Technologies Inc. (NASDAQ: GTAT), SunEdison…

Paul Ausick · 13 years ago

Oil Futures Fall as Energy Agencies Look into the Crystal Ball

ThinkstockThe Organization of Petroleum Exporting Countries (OPEC) released its oil market report for June yesterday, and the International Energy Agency (IEA) followed suit this morning. The U.S. Energy Information Administration (EIA) kicks out its…

Paul Ausick · 13 years ago

U.S. Solar PV Market Continues to Expand

ThinkstockWhile solar photovoltaic (PV) panel and module makers continue to struggle with low prices, solar installations in the U.S. continue to rise, according to the latest data from GTM Research. In the first quarter…

Paul Ausick · 13 years ago

Dole CEO Makes $1 Billion Offer for Food Company

ThinkstockFruit and vegetable producer Dole Food Company Inc. (NYSE: DOLE) could be on its way to becoming a privately held company again. The company’s chairman and chief executive, David Murdock, has offered to acquire…

Paul Ausick · 13 years ago

Home Buyers, Sellers Confidence Rises as Prices Rise

ThinkstockReports that home prices are rising have boosted confidence to record-high levels both among buyers and sellers. Among respondents to a survey by mortgage insurer Fannie Mae, 40% believe that now is a good…

Paul Ausick · 13 years ago