Broadcom Corporation (NASDAQ: BRCM) followed the path of other chip stocks and came out with lower guidance last night. This was on the heels of atrocious guidance from Texas Instruments (NYSE: TXN)…
Douglas A. McIntyre According to Reuters, The Tribune Company filed for Chapter 11. Reuters reports that Congress and The White House are close to a bill that would give Detroit modest loans. Reuters reports that…
Texas Instruments Inc. (NYSE: TXN) lowered guidance at its mid-quarter update. We expected this, but the magnitude here for companies reporting data later this quarter is getting worse than those which gave…
Douglas A. McIntyre Today may be a fairly important news day after the close for semiconductor stocks. We have a mid-quarter update from Texas Instruments Inc. (NYSE: TXN) and an earnings report from National Semiconductor…
Douglas A. McIntyre 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…
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…
These are some of the top pre-market analyst downgrades and negative calls we are seeing from Wall Street this Tuesday morning: CNOOC (CEO) Cut to Hold at Deutsche bank. Excelon (EXC) Cut…
According to Reuters, Japan markets were higher on a broad government bailout plan. Reuters reports that Merrill Lynch (MER) will cut 500 trading jobs. Reuters writes that low retailer prices and competition…
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…
After the close of trading, we should get earnings out of mobile chip giant Texas Instruments (NYSE: TXN). First Call has estimates at $0.44 EPS on $3.40 billion in revenues. As you…
Douglas A. McIntyre 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…
The cut-off for the last short interest data was September 15, before a number of financial stocks got protection from the SEC. Before the ban, short sellers were already moving out of…
There was a very mixed bag in short selling in the semiconductor sector. What was interesting was the huge increase in the bets against NVIDIA because it was so far after the…
It appears that not everything is as bad in mobile and communications chipsets as everyone had thought. At least that is what the guidance from Texas Instruments Inc. (NYSE: TXN) is showing. …
Douglas A. McIntyre Regulators may be trying to keep short sellers out of a few financial stocks, but that is not keeping large bets against most other stocks from rising. While some of the shorts…
