Goldman Sachs has come out with some positive calls in the communications technology group, and one of the stocks has been given an upgrade. Specifically, Goldman Sachs noted that it is maintaining…
According to Reuters, Rhapsody, a music service owned by Real Networks (RNWK) and Viacom (VIA) will make a push against Apple (AAPL) iTunes by embracing the iPod as its player. Reuters writes…
These are the earl-bird upgrades and downgrades we are seeing in Telecom, Tech, and I.T. on this Friday morning with about two and a half hours to open: ARM Holdings (NASDAQ: ARMH)…
Based on data from Nasdaq as of June 13, short sellers made heavy bets against tech stocks. Many investors clearly think the sector is not immune from the current economic downturn. The…
According to Reuters, Pfizer (PFE) may make a counter-bid for Ranbaxy Laboratories, the generic drug-maker. Reuters reports that deal talks between Yahoo! (YHOO) and Microsoft (MSFT) are dead. Yahoo! will do an…
According to Reuters, Pfizer (PFE) may make a counter-bid for Ranbaxy Laboratories, the generic drug-maker. Reuters reports that deal talks between Yahoo! (YHOO) and Microsoft (MSFT) are dead. Yahoo! will do an…
Qualcomm Inc. (NASDAQ: QCOM) is seeing a very positive reaction this morning after the company raised guidance. The company sees earnings at $0.54 to $0.55 EPS, above its prior targets of $0.50…
Douglas A. McIntyre A look at short interest for stocks traded on the Nasdaq as of May 30 show that traders moved into Yahoo! (YHOO) and out of Sirius (SIRI) Shares short in Yahoo! rose…
These are ten of the analyst calls we are focusing on this Tuesday morning in pre-market trading: Abercrombie (NYSE: ANF) cut to Market Perform at FBR. Ascent Solar (NASDAQ: ASTI) started as…
There is a complicated merger in the Chinese telecom market, which is part of the government mandate to consolidate a fragmented telecom industry in China. China Unicom Ltd. (NYSE: CHU) has formalized…
Douglas A. McIntyre The sales of PCs and servers, especially in the US and Europe, is slowing due to market saturation. The same holds true for cellular phones. Chip companies now have to rely on…
The short interest in Sirius (SIRI) inflated by 30.9 million shares to 188.9 million. The figures compare April 30 to April 15 numbers. Investor are clearly willing to gamble against the company’s…
Most research from Gartner, IDC, and Yankee Group, firms which follow tech trends, shows that people do not want to watch video on their phones. The picture quality is awful. No one…
Qualcomm (QCOM) the tech company involved in more intellectual property litigation that any other, posts just OK earnings. Revenue hit $2.61 billion, up 17 percent year-over-year. Net income inched higher to $766…
Douglas A. McIntyre One topic we cover at 247WallSt.com with regularity is share buybacks from major companies. While we are starting to see a slower pace in fresh buyback announcements compared to 2006 and 2007,…
