Akamai (AKAM) shares quickly turned South this morning and moved down over 9% on heavy volume. The stock has touched $25.97 today, a 52-week low. Douglas A. McIntyre
Douglas A. McIntyre Research firm Kaufman put "hold: ratings on content deliver networks Akamai (AKAM) and Limelight (LLNW) with price targets below where the stocks currently trade. The bull theory on the stocks was that…
Douglas A. McIntyre These are not the only impact analyst calls today, but these are the top calls that 24/7 Wall St. is focusing on: Akamai Tech (AKAM) started as Sector Perform at CIBC. AXA…
Akamai (AKAM) started as Neutral at B of A.Corning (GLW) started as Sector Perform at RBC.Dollar Tree (DLTR) raised to Overweight at Lehman.Exxon Mobil (XOM) raised to Buy at UBS.McAfee (MFE) raised…
According to Reuters, Morgan Stanley (MS) has suffered a $3.7 billion loss from its mortgage portfolio, Reuters writes that shares in Cisco (CSCO) were driven down on concerns that orders from the…
Akamai (AKAM) was forecast to post earnings of 33 cents a share on $161 million in revenue for the third quarter Revenue for the third quarter 2007 was $161.2 million, a six…
Douglas A. McIntyre According to Reuters, RIM (RIMM) posted strong earnings and added it 10 millionth subscriber. Reuters writes that Wal-Mart (WMT) is already getting ready for holiday price wars by beginning to drop prices.…
According to Reuters, RIM (RIMM) posted strong earnings and added it 10 millionth subscriber. Reuters writes that Wal-Mart (WMT) is already getting ready for holiday price wars by beginning to drop prices.…
Alley Insider is reporting that as Level 3 (LVLT) moves into the content delivery network business dominated by Akamai (AKAM) that it will undercut what the industry charges most clients by a…
Douglas A. McIntyre No one would be surprised to see mortgage lender Countrywide (CFC) of the list of biggest losers for the third quarter The company’s shares were down 48% to $19. The fall of…
Expressjet Holdings (XJT) Airlines still hurt by rising oil and failing economy. Falls to $3.09 from 52-week high of $9.61. Standard Pacific (SPF) Home builder. Down to $5.66 from 52-week high of…
Douglas A. McIntyre In the age of internet video and data transportation, it would make sense that the companies that facilitate these functions would do well. But, the two leading public companies in the industry…
AKAM cut to Sell at Kaufman.AUDC raised to Buy at Cantor Fitzgerald.AVR cut to Underperform at FBR.BPL raised to Buy at Deutsche Bank.BGH cut to Hold at Deutsche Bank.CKEC started as Overweight…
Shares in content delivery networks like Akamai (AKAM) and LimeLight (LLNW) have sold off sharply. So has the stock of internet infrastructure network Level 3 (LVLT). The market believes that fierce price…
Douglas A. McIntyre On July 18, Friedman Billings put an "outperform" on Limelight Networks. The shares closed at $16.85 that day. Today, the stock is off over 17% to under $12. What Friedman did not…
Douglas A. McIntyre