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Paul Ausick

Strong Earnings at Deere Waylaid by Forecast

courtesy Deere & Co.Deere & Co. (NYSE: DE) reported second-quarter fiscal 2013 results before markets opened this morning. The farm and heavy equipment maker posted adjusted diluted earnings per share (EPS) of $2.76 on…

Paul Ausick · 13 years ago

Rising Loan Rates Reduce New Mortgage Applications

ThinkstockThe Mortgage Bankers Association (MBA) released its weekly report on mortgage applications this morning, noting a drop of 7.3% in the group’s seasonally adjusted composite index, following a rise of 7% for the previous…

Paul Ausick · 13 years ago

Nvidia Starts Taking Orders for Android Video Game Console

courtesy of NvidiaNvidia Corp. (NASDAQ: NVDA) has begun taking orders for its new SHIELD hand-held video game console, which is expected to beginning shipping next month. The device was introduced at this year’s Consumer…

Paul Ausick · 13 years ago

BlackBerry, Nokia Push New Mobile Phones

Courtesy BlackBerryYou can be forgiven if you forgot that BlackBerry (NASDAQ: BBRY) announced a new mobile phone dubbed the Q10 in its late January announcement that included the announcement of its first touch-screen model,…

Paul Ausick · 13 years ago

New Home Sales and Prices Stoke U.S. Economic Growth

ThinkstockIn its May MarketPulse report, residential property research and services firm CoreLogic Inc. (NYSE: CLGX) identifies the trends it sees in the U.S. economy and in the U.S. real estate market. The company notes…

Paul Ausick · 13 years ago

Airbus Parent EADS Earnings Dimmed by Cash Flow Issues

Courtesy EADS/AirbusThe European Aeronautic Defence and Space Co. (EADS) reported first-quarter earnings before markets opened this morning. Airbus, the company’s largest division, competes with U.S. aircraft maker Boeing Co. (NYSE: BA) for both commercial…

Paul Ausick · 13 years ago

Small Business Confidence Rises in April

ThinkstockThe National Federation of Independent Business (NFIB) this morning reported an increase of 2.6 points in its small business optimism index, up from 89.5 in March to 92.1 in April. The NFIB noted that…

Paul Ausick · 13 years ago

Take-Two Interactive Earnings Point to New Four-Year High

courtesy GameStop Corp.Take-Two Interactive Software Inc. (NASDAQ: TTWO) reported fiscal fourth-quarter and full-year 2013 results after markets closed today. For the quarter, the video game producer posted adjusted diluted earnings per share (EPS) of…

Paul Ausick · 13 years ago

Chrysler Recalls 300,000 Jeep Vehicles

Courtesy Chrysler Group LLCChrysler Group LLC will begin a recall campaign for nearly 300,000 Jeep Grand Cherokee and Commander models manufactured between 2004 and 2010 to repair a problem in the vehicles’ 4-wheel drive…

Paul Ausick · 13 years ago

Precious Metals: The Next Year of Palladium

ThinkstockFor the year to date, the price of palladium has risen by a majestic 1.3%. That may sound paltry, but the metal’s performance beats its brother platinum, which has fallen in price by 4%;…

Paul Ausick · 13 years ago

Fifty Billion Apple App Downloads

courtesy of AppleAnother day, another countdown. This one touts the success of the Apple Inc. (NASDAQ: AAPL) App Store. Last week Apple launched a real-time counter as downloads from the App Store homed in…

Paul Ausick · 13 years ago

Stratasys Earnings Reinforce Cooling of 3D Printing Fever

ThinkstockStratasys Ltd. (NASDAQ: SSYS) reported first-quarter 2013 results before markets opened this morning. The 3D printer maker posted adjusted diluted earnings per share (EPS) of $0.43 on $97.21 million in revenues. In the same…

Paul Ausick · 13 years ago

Crude Oil Futures Heading Lower on Rise in OPEC Output

thinkstockThe Organization of Petroleum Exporting Countries (OPEC) produced 30.46 million barrels of crude every day last month, well above its agreed quota of 30 million barrels a day. The message: supply is available and…

Paul Ausick · 13 years ago

Federal Budget Posts Surplus in April

ThinkstockThe U.S. Treasury reported today that the U.S. government posted a surplus of $112.9 billion in the month of April. The consensus estimate had called for a surplus of $107.5 billion. In April 2012…

Paul Ausick · 13 years ago

Cut to Platinum Production Hits Stillwater Mining and ETF Shares

ThinkstockSouth Africa’s Anglo American Platinum Ltd. (known as Amplats), the world’s largest platinum miner and a division of Anglo American plc, said today that it plans to reduce production by 250,000 ounces this year…

Paul Ausick · 13 years ago