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Items 2,011 - 2,035 of 2,553 
From Tech Trader Daily - view blog entries - visit this blogJanuary 17, 2008 at 11:56 am ET
Citigroup’s John Reilly Walsh this morning upgraded Tibco Software (TIBX) shares to Buy from Hold, and raised his target price to $10 from $9, citing the potential for the company to be acquired. He thinks ... ( more)
From Tech Trader Daily - view blog entries - visit this blogJanuary 17, 2008 at 11:40 am ET
F5 Networks (FFIV) shares are lower today after UBS analyst Saud Masud cut his earnings estimates and price target for the company. Masud chopped his 2008 EPS estimate to 95 cents from $1. For ‘09, ... ( more)
From Tech Trader Daily - view blog entries - visit this blogJanuary 17, 2008 at 11:27 am ET
Logitech (LOGI) shares are down sharply after the company this morning reported lighter-than-expected revenues for the fiscal third quarter ended December 31. Revenues totaled $744 million in the quarter, below the Street consensus of $776.25 ... ( more)
From Tech Trader Daily - view blog entries - visit this blogJanuary 17, 2008 at 11:23 am ET
The Street’s recession preparations continue.
This morning, RBC Capital’s Scot Ciccarelli chopped estimates for a host of retailing stocks, including the ones we care about here at Tech Trader Daily: Best Buy (BBY), Circuit City (CC) ... ( more)
From Tech Trader Daily - view blog entries - visit this blogJanuary 17, 2008 at 9:53 am ET
Apple (AAPL) is apparently using Akamai’s (AKAM) content delivery network for the new iTunes movie rental service, according to Pacific Growth analyst Chad Bartley.
Bartley says he tried out the service yesterday, and that an ... ( more)
From Tech Trader Daily - view blog entries - visit this blogJanuary 17, 2008 at 9:42 am ET
My colleague Andrew Bary this morning reports this morning that one of Comcast’s (CMCSA) largest institutional shareholders, Chieftain Capital, is asking the company to axe CEO Brian Roberts, to return more cash to holders in ... ( more)
From Tech Trader Daily - view blog entries - visit this blogJanuary 17, 2008 at 8:23 am ET
Bear Stearns Internet analyst Robert Peck this morning upgraded eBay (EBAY) to Outperform from Market Perform, asserting that the stock has become too cheap.
“In the end of 2007 we believed that the investor sentiment pendulum ... ( more)
From Tech Trader Daily - view blog entries - visit this blogJanuary 16, 2008 at 5:02 pm ET
Hot off the presses and over the transom comes this afternoon’s PC market share report from Gartner and from International Data Corp., which shows Apple (AAPL) increased its unit sales in the U.S. by 28% ... ( more)
From Tech Trader Daily - view blog entries - visit this blogJanuary 16, 2008 at 4:38 pm ET
Just thought I’d mention an interesting little piece over on Bloomberg about how prices on credit default swap (CDS) contracts are reflecting a heightened risk that major tech companies will be unable to pay down ... ( more)
From Tech Trader Daily - view blog entries - visit this blogJanuary 16, 2008 at 3:56 pm ET
Eek! Something nasty is happening to shares of Microvision (MVIS), a company which makes “pico projectors,” very small projectors designed to be embedded in handheld devices, and other display products.
On January 7, the stock ... ( more)
From Tech Trader Daily - view blog entries - visit this blogJanuary 16, 2008 at 2:39 pm ET
Semiconductor equipment stocks are flying higher today, getting a lift from Intel’s (INTC) comments yesterday about its 2008 capital spending plans. Kind of ironic: Intel’s 2008 outlook for its own results were below expectations, and ... ( more)
From Tech Trader Daily - view blog entries - visit this blogJanuary 16, 2008 at 1:31 pm ET
Could Symantec (SYMC) be the next software company to sell? Some people seem to think so. With today’s software sector acquisition news - Oracle (ORCL) is buying BEA (BEAS); Sun (JAVA) is buying MySQL - ... ( more)
From Tech Trader Daily - view blog entries - visit this blogJanuary 16, 2008 at 1:12 pm ET
Something is bothering holders of Flextronics (FLEX) shares today.
There’s no obvious reason; I find no major news or analyst calls. But it might have something to do with this morning’s announcement of results at ... ( more)
From Tech Trader Daily - view blog entries - visit this blogJanuary 16, 2008 at 12:23 pm ET
No real news here, but worth noting all the same: Yahoo (YHOO) today continues its recent slide, and appears headed for its lowest close since March 2004. The stock has lost half of its value ... ( more)
From Tech Trader Daily - view blog entries - visit this blogJanuary 16, 2008 at 11:58 am ET
Jefferies’ communications equipment analyst William Choi today advised investors to “step to the sidelines” on a number of networking hardware stocks, cautioning that while Q4 results should largely meet expectations, a “prolonged IT budgeting process ... ( more)
From Tech Trader Daily - view blog entries - visit this blogJanuary 16, 2008 at 11:29 am ET
Autodesk (ADSK) shares are coming under pressure after Jefferies & Co.’s Ross MacMillan cut his rating on the stock to Hold from Buy. “Our most recent survey work and checks show a clear down-tick in ... ( more)
From Tech Trader Daily - view blog entries - visit this blogJanuary 16, 2008 at 10:31 am ET
Intel (INTC) shares are down sharply this morning following the company’s announcement of disappointing results for the fourth quarter and a cautious outlook for the first quarter and 2008. Analysts note that the troubles at ... ( more)
From Tech Trader Daily - view blog entries - visit this blogJanuary 16, 2008 at 10:25 am ET
Now here’s a weird job change: Goldman Sachs Internet analyst Anthony Noto is leaving the Street to become CFO of the National Football League, Bloomberg reports. ... ( more)
From Tech Trader Daily - view blog entries - visit this blogJanuary 16, 2008 at 9:25 am ET
Apple (AAPL) shares are getting hit hard for a second-straight session as the post-keynote sell-off continues. The reaction from the analyst community is mixed. On the one hand, there is some disappointment about things that ... ( more)
From Tech Trader Daily - view blog entries - visit this blogJanuary 16, 2008 at 7:52 am ET
Sun Microsystems (JAVA) this morning announced that it will buy MySQL, maker of open-source database software, for about $1 billion, including $800 million in cash and the assumption of $200 million in options. The deal ... ( more)
From Tech Trader Daily - view blog entries - visit this blogJanuary 16, 2008 at 7:22 am ET
Oracle (ORCL) this morning announced that it has agreed to buy BEA Systems (BEAS) for $19.375 a share. That comes to $8.5 billion, or $7.2 billion net of cash. The company said the deal should ... ( more)
From Tech Trader Daily - view blog entries - visit this blogJanuary 15, 2008 at 4:52 pm ET
The disappointing Intel (INTC) earnings outlook this afternoon is spreading clouds of gloom across the after-hours trading market for most PC-related stocks:
Nvidia (NVDA) is down $2.53, or 9.5%, at $24.20.
Advanced Micro Devices (AMD) is down ... ( more)
From Tech Trader Daily - view blog entries - visit this blogJanuary 15, 2008 at 4:38 pm ET
Uh-oh.
Intel (INTC) this afternoon reported fourth quarter results and a first quarter outlook that the Street does not like. This is about the last thing that the stock market needed, and Intel shares are ... ( more)
From Tech Trader Daily - view blog entries - visit this blogJanuary 15, 2008 at 4:23 pm ET
On the Intel (INTC) post-earnings conference call this afternoon, CFO Stacy Smith said the company’s first quarter revenue guidance suggests “below seasonal” results. The company is forecasting $9.4 billion to $10 billion in revenue, down ... ( more)
From Tech Trader Daily - view blog entries - visit this blogJanuary 15, 2008 at 3:53 pm ET
Linear Technology (LLTC) this afternoon reported revenue for its fiscal second quarter ended December 30 of $288.7 million, in line with the Street consensus of $288.9 million. EPS of 41 cents GAAP, 46 cents pro ... ( more)
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