According to Reuters, the confidence of CEOs at Davos is low as the recession and credit crisis deepen. Reuters reports that Yahoo! (YHOO) slightly beat earnings but posted a weak forecast. Reuters…
Short sellers placed large bets against the stock of tech companies for the period ending on January 15, taking a series of positions to gamble that firms like Microsoft (MSFT) and Cisco…
Collins Stewart has initiated coverage on several key technology stocks this morning. The boutique firm has come out positive on Apple Inc. (NASDAQ: AAPL) and on Qualcomm (NASDAQ: QCOM), and a little…
The Chinese government has finally set up a system to bring fast wireless 3G service to its citizens. In a country where handsets are used the way that many people in the…
Douglas A. McIntyre Siemens (SI) will pay the US an $800 million fine to settle a bribery case. That may not seem like a lot side-by-side with the Paulson plan, but if the federal government…
Douglas A. McIntyre There are few positive calls this morning from Wall Street analysts, but these are the ones we have caught this morning: Alcatel-Lucent (ALU) Raised to Sector Perform at RBC. ASUR (ASR) Raised…
Rick’s Cabaret (RICK) may be in a business which many investors disapprove of. It runs strip clubs. Nonetheless, the stock is soaring today. Another vice stock, Wynn (WYNN) is trading heavy on…
It may be a way to make money, but it could also change the dynamics of how tens of millions of people get information about the outside world. Qualcomm (QCOM) announced a…
Douglas A. McIntyre Motorola (MOT) is a first class example of what Ivy League business school professors do not want their students to know. It might frighten the horses. At some companies, there is no…
Douglas A. McIntyre According to Reuters, the government is set to announced the country’s tenth straight month of jobs losses. Reuters reports that Chrysler is burning through it cash quickly and the company may have…
Thomson Reuters estimates for CDMA giant Qualcomm (QCOM) were for $0.60 EPS and $2.86 billion in revenue. Reported revenue was $3.33 billion, up 45 percent year-over-year. Reported net income was $878 million,…
Douglas A. McIntyre For the period ending October 15, short sellers got out of most banks and brokerage stocks. That is a shame for them. They could have made a killing this week. The short…
Broadcom Corp. (NASDAQ: BRCM) has managed to do something that other chip outfits have not been able to manage this quarter by actually beating estimates. Non-GAAP EPS was $0.54 and revenues were…
Mobile chip giant Texas Instruments (NYSE: TXN) has posted earnings of $0.43 per share and $3.39 billion in revenue. First Call had estimates of $0.44 on $3.40 billion in revenue. Back on…
Nokia (NOK) is a great company for two reasons. It has been run so well that it has nearly 40% of the global cellphone business even though it is headquartered in an…
