All Work

Paul Ausick

Consumer Group Boosts Ackman’s Bet Against Herbalife

Courtesy Herbalife Ltd.In a press release this morning, the National Consumers League (NCL) called on the Federal Trade Commission (FTC) to “investigate recent allegations that the multi-level marketing company Herbalife is, in actuality, a…

Paul Ausick · 13 years ago

U.S. Crude Inventory Up, Gasoline Down on Refinery Maintenance

ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report this morning. U.S. commercial crude inventories increased by 2.6 million barrels last week, bringing the total U.S. commercial crude inventory to 384…

Paul Ausick · 13 years ago

A Spoonful of Sugar Makes the Medicine Go Down

ThinkstockU.S. sugar growers and processors have long been criticized for taking a disproportionate share of government support for sugar beet and sugar cane crops. And it appears that another substantial subsidy is on its…

Paul Ausick · 13 years ago

IEA Lowers Oil Demand Forecast

ThinkstockIn the wake of yesterday’s OPEC oil market report, we have the latest monthly report from the International Energy Agency (IEA) today. While the two differ somewhat in specifics, the general story is the…

Paul Ausick · 13 years ago

Retailer Express Sinks on Forecast

thinkstockExpress Inc. (NYSE: EXPR) reported fourth quarter and fiscal year 2012 results before markets opened this morning. For the quarter, the specialty retailer reported diluted earnings per share (EPS) of $0.75 on revenues of…

Paul Ausick · 13 years ago

Mortgage Applications Slide on Rising Interest Rates

ThinkstockThe Mortgage Bankers Association (MBA) released its weekly report on mortgage applications this morning, noting a decrease of 4.7% in the group’s seasonally adjusted composite index following a rise of 14.8% for the previous…

Paul Ausick · 13 years ago

Market Close: Big Winners & Losers for March 12, 2013

thinkstockHere are today’s five biggest gaining stocks at closing: Crossroads Systems Inc. (NASDAQ: CRDS) is up 32.1% at $3.85. OCZ Technology Group Inc. (NASDAQ: OCZ) is up 21.2% at $1.60. CKX Lands Inc. (NYSEMKT:…

Paul Ausick · 13 years ago

U.S. Firings Drop, Job Openings Increase

Ed Brown, via Wikimedia CommonsThe number of U.S. workers laid off or fired in January fell to a 12-year low of 1.51 million according to the latest data from the U.S. Department of Labor.…

Paul Ausick · 14 years ago

Primary Tablet Sales Driver: Low Price

courtesy of MicrosoftThe estimated worldwide market for tablets this year has been pushed up by about 10%, from a previous estimate of 172.4 million units to 190 million units. By the end of 2017,…

Paul Ausick · 14 years ago

Big Growth Seen for Couch Commerce

ThinkstockBy 2017, more than 1 billion people around the world will be using mobile banking services. That’s the number that will be using their mobile phone handsets. Nearly 200 million users will be using…

Paul Ausick · 14 years ago

MetroPCS Defends its Plans to Merge with T-Mobile

ThinkstockShares of MetroPCS Communications Inc. (NYSE: PCS) jumped to a 52-week high of $14.51 the day last October when the company announced its proposed merger with T-Mobile USA, which is owned by Deutsche Telekom…

Paul Ausick · 14 years ago

OPEC Lowers Forecast on Demand for Its Own Crude

ThinkstockThe Organization of Petroleum Exporting Countries (OPEC) released its March Oil Market Report this morning. The cartel did not change its forecast for global demand growth of 800,000 barrels a day to a total…

Paul Ausick · 14 years ago