Paul Ausick

Recent Articles

Peabody Bid for Australia Coal Gets Boost (BTU, BHP, RTP)

By Paul Ausick

US coal giant Peabody Energy Corp. (NYSE: BTU) got some help today with its bid for Australia coal miner Macarthur Coal. Macarthur has dropped its previously agreed merger with another Aussie coal company, Gloucester Coal. Peabody's offer would have been withdrawn if the Macarthur-Gloucester tie-up had gone through.

Chesapeake Energy Corp. (NYSE: CHK) Still Trading Assets for Cash

By Paul Ausick

For about the past two years, Chesapeake Energy Corp. (NYSE: CHK) has been shedding assets in order to raise cash. The company reported debt of more than $12 billion at the end of March, and the company's CEO thinks that reducing debt will get the company's market cap up to where it belongs.

Disney Earnings Top Exepctations (DIS, NWS, TWX)

By Paul Ausick

The Walt Disney Co. (NYSE: DIS) followed in the footsteps of competitors News Corp. (NASDAQ: NWSA) and Time Warner Inc. (NYSE: TWX) by beating street DIS stock earnings estimates for its second fiscal quarter of 2010. Disney reported EPS of $0.48 for the quarter, beating expectations of $0.46. Revenues totaled $8.6 billion compared with average estimates of $9.4 billion.

Metal and Mining Stocks Lose Luster (AA, X, NUE, AKS)

By Paul Ausick

Just a few weeks ago the shares in US steel makers was trading at or above their highest point since the beginning of the year. United States Steel Corp. (NYSE: X), Nucor Corp. (NYSE: NUE), and AK Steel Holding Corp. (NYSE: AKS) were anywhere from 10% to nearly 90% above their year ago share prices. Even aluminum maker Alcoa, Inc. (NYSE: AA) set a new 52-week high.

Emerging Markets Power Uranium Stocks (CCJ, URRE, UEC)

By Paul Ausick

When Cameco Corp. (NYSE: CCJ), the world's largest uranium miner, reported earnings a week ago it noted that it planned to double production capacity over the next eight years to meet demand for nuclear fuel as the market for nuclear power generation expands. Cameco, with a market cap of about $9.5 billion, has the balance sheet and operating cash flow to make that happen.

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