According to Reuters, Kuwait canceled a $17 billion joint venture with Dow Chemical (DOW). Reuters reports that Credit Suisse (CS) clients may have lost $926 million on the Madoff scam. Reuters reports…
As you will see, most of the top technology stocks from the NASDAQ 100 saw an increase in the number of shares being sold short from mid-November to late November. With the…
No matter how far down bank stocks go and how hard regulators try to keep short sellers out of financial shares, some of the smart money is willing to gamble that the…
This morning, Goldman Sachs has made two key technology changes to its Conviction Buy List. Research-in-Motion (NASDAQ: RIMM) was added to the praised list, and its price target is $68.00. Cisco Systems…
Douglas A. McIntyre Short sellers are still betting that financial shares will fall but they have boldly moved into shares of companies which are considered healthy, those with both good balance sheets and relatively strong…
The sound out of Cisco (CSCO) has been so fine for so long that its was an assault to hear that the company would have a drop in revenue in the current…
According to Reuters, Europe prepared rate cuts as the economy their worsened. Reuters reports that the administration cleared the way for the car companies to get access to $25 billion in loans,…
We listened to the Cisco Systems Inc. (NASDAQ: CSCO) conference call, and John Chambers is sounding out the agony of defeat after his comments. He has forecast a very somber sounding opinion…
Douglas A. McIntyre Cisco Systems, Inc. (NASDAQ: CSCO) has posted earnings of $0.42 non-GAAP EPS on revenues of $10.3 billion. Estimates from Thomas Reuters (First Call) were $0.39 EPS on $10.3 billion in revenues. While…
Douglas A. McIntyre Cisco Systems, Inc. (NASDAQ: CSCO) is set to report earnings after the close of trading today. We commented on Monday how it was impossible not to see how little the formal earnings…
Douglas A. McIntyre Cisco Systems, Inc. (NASDAQ: CSCO) is set to report earnings after the close of trading on Wednesday. While many technology, telecom, and networking companies have grown more cautious, it is almost impossible…
Douglas A. McIntyre Tech stocks are far from immune in the selling. We put together a list of the major stocks trading sharply lower on active trading and we listed the previous 52-week lows to…
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…
These are some of the top analyst pre-market upgrades we are seeing early this Monday morning: Anadarko Petroleum (APC) Raised to Outperform at Oppenheimer. Apache (APA) Raised to Outperform at Oppenheimer. Applied…
It would not be a good idea to look at IBM’s (IBM) superior earnings and assume that tech will have had a good third quarter and that the rest of the year…
