Shorts Cut Interest in Old Tech Firms
Short sellers backed away from their gambles on old tech firms as they increased their positions in new Web 2.0 companies. For the period that ended July 31, short sellers cut their…
Short sellers backed away from their gambles on old tech firms as they increased their positions in new Web 2.0 companies. For the period that ended July 31, short sellers cut their…
A fresh report from the Semiconductor Industry Association (SIA), which is representative of U.S. leadership in semiconductor manufacturing and design, showed that worldwide semiconductor sales posted a slight drop of 0.1% to…
Carlyle (NASDAQ: CG) may buy a unit of United Technologies (NYSE: UTX). (Reuters) More factories move to the United States as China’s manufacturing costs rise. (Reuters) The CEOs of Apple (NASDAQ: AAPL)…
Texas Instruments Incorporated (NASDAQ: TXN) is out with guidance in its second quarter business update. While the results are said to be “narrowed” they are narrowed equally between the high-end and low-end…
Chip maker Nvidia Corp. (NASDAQ: NVDA) handily beat consensus estimates for first quarter revenues and EPS the company reported this morning. Revenue totaled $924.9 million compared with an estimate of $916.2 million…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Tuesday. Allison Transmission Holdings, Inc. (NYSE: ALSN) Started as Neutral at Credit Suisse;…
UK-based chip designer ARM Holdings PLC (NASDAQ: ARMH) reported earnings earlier today, posting revenue of about $209.4 million, well above estimates of $201.23 million, but below revenues of $217 million in the…
Six states added, in total, 787,000 jobs during the past year, according to government data for March. This makes them the primary engines of national employment growth over that period. Nearly a third…
Earnings season is in full swing and we have many key reports due in the coming week. 24/7 Wall St. has provided some detailed previews for the key earnings reports we expect…
Texas Instruments Inc. (NASDAQ: TXN) is trading up so far with the broader equity and technology markets. The question which needs to be asked is “Should it really be up?”… The warnings…
Markets opened lower this morning but managed to recover fairly quickly following a report on robust manufacturing growth (our coverage here). The report on construction spending came in weaker than expected (our…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Monday. Some of these calls are moving the shares this morning. Amazon.com, Inc.…
JCPenney’s (NYSE: JCP) former chief executive, Myron E. Ullman, III, was pushed out of the company. As a reward for an awful performance in his job, the the retailer’s board gave him a…
Intel Corp. (NASDAQ: INTC) grew its share of the total global semiconductor market to 15.9% in 2011, posting growth of nearly 21% year-over-year, based on the latest research from iSuppli. Licensees of…
Short sellers reduced their positions in major financial firms and their positions in major tech stocks were divided, based on data from the NYSE and Nasdaq for the period that ended February…