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Viewing entries forView all blogs (popular) | Personal finance (popular) | Real estate (popular) | Investing (popular) | Visit Items 1 - 25 of 2,034
    Friday, May 16, 2008 From Tech Trader Daily - view blog entries - visit this blog
May 16, 2008 at 2:06 pm ET France Telecom’s Orange unit today announced in a brief statement that it had cut a deal with Apple (AAPL) to sell the iPhone in Austria, Belgium, the Dominican Republic, Egypt, Jordan, Poland, Portugal, Romania, Slovakia, ... (more) From Tech Trader Daily - view blog entries - visit this blog
May 16, 2008 at 12:53 pm ET What’s up with Netflix (NFLX) today? The stock is up $1.26, or 4.2%, to $31.19. Just why the stock is rallying is not entirely clear. But here’s what we do know. Over at TheFlyOnTheWall.com, they ... (more) From Tech Trader Daily - view blog entries - visit this blog
May 16, 2008 at 12:20 pm ET A quick update on my post yesterday regarding rumors that Extreme Networks (EXTR) might be acquired by privately held Enterasys.
In a research note yesterday, JMP Securities analyst Sameul Wilson wrote that “sources suggested to us ... (more) From Tech Trader Daily - view blog entries - visit this blog
May 16, 2008 at 11:22 am ET Needham’s Greg Mesniaeff today launched coverage of BigBand Networks (BBND) with a Hold rating, asserting that the stock’s valuation is “on the rich side.”
Mesniaeff says the company has scored some early stage wins from cable ... (more) BMC’s Beauchamp: No Impact On Sales From Downturn; Sees HP/EDS Deal As Net Positive For The Company (1 click)
From Tech Trader Daily - view blog entries - visit this blog
May 16, 2008 at 11:06 am ET BMC Software (BMC) CEO Bob Beauchamp says his company is not seeing any impact on its business from the slowdown in the economy. And in fact, BMC late yesterday reported strong results for its fiscal ... (more) From Tech Trader Daily - view blog entries - visit this blog
May 16, 2008 at 10:36 am ET Flextronics (FLEX) CFO Thomas J. Smach is resigning to pursue other interests effective June 30, the company announced this morning.
He is being replaced by Paul Read, who had been EVP of finance at the contract ... (more) From Tech Trader Daily - view blog entries - visit this blog
May 16, 2008 at 10:36 am ET Finisar (FNSR) this morning announced a deal to acquire Optium (OPTM), creating what Finisar says will be the world’s largest supplier of optical networking components.
Terms of the deal call for Optium holders to receive ... (more) From Tech Trader Daily - view blog entries - visit this blog
May 16, 2008 at 10:06 am ET Concur Technologies (CNQR) shares are trading lower after Credit Suisse analyst Bryan McGrath cut his rating on the stock to Neutral from Outperform on a valuation basis. He maintains a $36 price target on the ... (more) From Tech Trader Daily - view blog entries - visit this blog
May 16, 2008 at 9:51 am ET Video game software stocks are under some selling pressure today after industry tracker NPD reported April sales that came up short of some estimates.
NPD said video game software sales grew 68% year over year in ... (more) From Tech Trader Daily - view blog entries - visit this blog
May 16, 2008 at 8:36 am ET SanDisk (SNDK) shares are coming under pressure today after a week-long rally, as JMP Securities cut its rating on the stock and cautioned that competitive pressures in the flash memory sector are rising.
The JMP move ... (more) From Tech Trader Daily - view blog entries - visit this blog
May 16, 2008 at 8:21 am ET Blockbuster (BBI) shares are getting a lift today from Citigroup’s Tony Wible, who raised his price target on the stock to $8.50 from $8 and added the stock to the firm’s “Top Picks Live” list.
Wible ... (more) Thursday, May 15, 2008 From Tech Trader Daily - view blog entries - visit this blog
May 15, 2008 at 7:10 pm ET Yahoo (YHOO) this afternoon has released the text of a lengthy letter to Carl Icahn from Yahoo Chairman Roy Bostock. The company’s basic position is that Icahn doesn’t get it, and that the company remains ... (more) From Tech Trader Daily - view blog entries - visit this blog
May 15, 2008 at 2:36 pm ET BMC Software (BMC) reported revenue for its fiscal fourth quarter ended March 31 of $467 million, ahead of the Street consensus of $460.3 million. Non-GAAP EPS of 63 cents a share beat the Street by ... (more) From Tech Trader Daily - view blog entries - visit this blog
May 15, 2008 at 2:36 pm ET Autodesk (ADSK) reported revenue for its fiscal first quarter ended April 30 of $599 million, ahead of the Street consensus of $589.3 million. Non-GAAP profits of 44 cents a share were four cents shy of ... (more) From Tech Trader Daily - view blog entries - visit this blog
May 15, 2008 at 2:21 pm ET Intel (INTC) shares rallied today, propelled in part by bullish comments from Lehman semiconductor analyst Tim Luke, who raised his target price on the stock to $26 from $24. He maintains an Overweight rating on ... (more) From Tech Trader Daily - view blog entries - visit this blog
May 15, 2008 at 1:36 pm ET Quite a nice day for shares of STEC, which makes DRAM memory systems, including solid-state drives. The company yesterday held a meeting with analysts in San Francisco, who apparently like what they heard.
Needham’s Richard Kugele ... (more) From Tech Trader Daily - view blog entries - visit this blog
May 15, 2008 at 1:09 pm ET Research In Motion (RIMM) plans a third quarter introduction of a touch-screen Blackberry to be called the Thunder, the WSJ reports, citing “people familiar with the matter.” The device is to be sold exclusively through ... (more) From Tech Trader Daily - view blog entries - visit this blog
May 15, 2008 at 1:09 pm ET Is something going on with Extreme Networks (EXTR)?
The networking hardware company’s shares today have jumped 18 cents, or 5.9%, to $3.25; volume totals 2.56 million shares, about triple the daily average. According to one institutional ... (more) From Tech Trader Daily - view blog entries - visit this blog
May 15, 2008 at 12:36 pm ET Skyworks Solutions (SWKS) shares are sharply higher today, propelled in part by a bullish note from Oppenheimer analyst Ittai Kidron.
Kidron notes that he hosted an investor visit to the company’s headquarters yesterday. The analyst says ... (more) From Tech Trader Daily - view blog entries - visit this blog
May 15, 2008 at 12:08 pm ET At least twice at last night’s Churchill Club Top Ten Tech Trends event, Elevation Partner’s Roger McNamee raved about the Amazon (AMZN) Kindle: he sees the e-book reader with built in 3G connectivity as a ... (more) From Tech Trader Daily - view blog entries - visit this blog
May 15, 2008 at 11:37 am ET While IT budgets are being squeezed, spending on security software and hardware remains strong, Pacific Crest’s Rob Owens asserted in a research note today. He notes that “the vast majority” of companies in the sector ... (more) From Tech Trader Daily - view blog entries - visit this blog
May 15, 2008 at 11:07 am ET Blockbuster (BBI) this morning gets mixed reviews for its Q1 financial results.
The bottom-line gets raves: profits of 20 cents a share beat the Street by a nickel.
The top-line gets jeers: revenue of $1.39 billion missed ... (more) From Tech Trader Daily - view blog entries - visit this blog
May 15, 2008 at 11:07 am ET Netflix (NFLX) shares are coming under pressure today following a skeptical note on the company from Needham analyst Charlie Wolf.
Wolf today picked up coverage of the company with an Under Perform rating; he writes that ... (more) From Tech Trader Daily - view blog entries - visit this blog
May 15, 2008 at 10:38 am ET TiVo (TIVO) shares are gaining ground today after Friedman Billings Ramsey analyst Brian Coyne raised his rating on the stock to Market Perform from Underperform, setting a $7 price target. Coyne advised investors to close ... (more) From Tech Trader Daily - view blog entries - visit this blog
May 15, 2008 at 10:38 am ET Sigma Designs (SIGM) shares are trading higher today on a generally bullish call this morning from Roth Capital analyst Jay Srivatsa.
Srivatsa contends results for the company’s fiscal Q1 ended April, which is due to be ... (more) Items 1 - 25 of 2,034
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