Paul Ausick

Recent Articles

Oil Investments – Noble Corporation Acquisition of FDR Holdings Makes Waves

By Paul Ausick

Oil investments saw a good deal of merger and acquisition action earlier this year. Noble Corporation. (NYSE: NE) has rekindled the acquisition trend today with news of merger plans with FDR Holdings Ltd. for a price tag of $2.16 billion. Noble Corp. is trending up on the news, with NE stock up about 3.5% as of this writing.

Italy to Cut Solar Incentives (SPWRA, WFR, YGE, LDK, JASO, FSLR)

By Paul Ausick

Italy is proposing a cut of 18% in its feed-in tariff for 2011 and cutting solar subsidies. Two of the biggest players in Italian solar power generation are SunPower Corp. (NASDAQ: SPWRA), which purchased SunRay Renewable Energy earlier this year and MEMC Electronic Materials, Inc. (NYSE:WFR), which is building a 72 megawatt plant in Italy through its SunEdison subsidiary.

KB Home Earnings Show Continued Housing and Builder Trouble (KBH, TOL, LEN)

By Paul Ausick

Shares of KB Home (NYSE: KBH) are down more than -7% this morning following the company's second quarter earnings report. KBH earnings included diluted EPS loss of -$0.40 on revenues of $374 million. Analysts had been expecting an EPS earnings loss from KB Home of -$0.30 on revenues of $373.6 million.

Lions Gate Could Revisit MGM Buyout Plans (LGF, VIA, GOOG)

By Paul Ausick

Back in February, investor Carl Icahn offered $6 a share to acquire the stock he didn't already own in Lions Gate Entertainment Corp. (NYSE: LGF). At the time, Lions Gate shares were trading under $5. Icahn sweetened the offer to $7/share in April, but Lions Gate once again declared the offer inadequate. That offer valued the film maker at about $825 million.

Research in Motion Earnings Solid – RIMM Hopes Buybacks Will Replace Profits

By Paul Ausick

The headline number from BlackBerry smartphone maker Research in Motion Ltd. (NASDAQ: RIMM) first quarter earnings report was solid. EPS reached $1.38, higher than earnings estimates of $1.35. But revenue came in at $4.24 billion, lower than estimates of $4.35 billion, and other numbers also looked weak.

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