After today’s close we’ll get to see earnings out of Oracle Corp. (NASDAQ: ORCL). The estimates for the enterprise software company from First Call are $0.30 EPS on $5.42 billion in revenues. …
For those intrepid enough to go into the market today, there are some stocks that are down under 1%. Some are even up slightly. A shopping list for the insane: Micrsoft (NASDAQ:MSFT),…
According to NASDAQ figures on short selling on February 29, share sold short in tech companies dropped sharply, an indication that investors are not willing to bet that stocks in the companies…
The short interest for stocks traded on the Nasdaq as of February 15 shows that investors made very big bets against telecom and technology stocks. The numbers compare to those on January…
These are the early bird analyst calls we are focusing on this Thursday morning at 247WallSt.com: Agnico-Eagle Mines Ltd. (NYSE: AEM) cut to Neutral at UBS. Allscripts (NASDAQ: MDRX) raised to Buy…
The fear of a slowdown in tech spending has done a great deal of damage to big tech stocks. Over the last three months Amazon (AMZN) is down 3%, Intel (INTC) is…
Rising short interest in tech stocks traded on Nasdaq shows the extent to which investors are willing to bet against the sector. The figures compare shares sold short as of January 31…
VMware, Inc. (NYSE: VMW) has already taken its hit from the earnings expectations getting high enough that the stock just couldn’t hold up to expectations after a monumental IPO. There is always…
According to Reuers, Exxon (XOM) won a court order freezing $12 billion of its assets in Venezuela. Reuters writes that Congress has passed an economic stimulus package and sent it to Bush.…
It’s always expected that you see analyst downgrades any time you see disappointing news out of a company. This morning we did see at least two downgrades on Cisco Systems (NASDAQ: CSCO)…
Douglas A. McIntyre Below are some of the early bird analyst calls that are affecting shares in pre-market trading: Bankrate Inc. (NASDAQ: RATE) upgraded to Buy from Hold at Citigroup. Celanese (NYSE: CE) raised to…
Cisco (NASD: CSCO) and EDS (NYSE: EDS) have businesses which point different directions on a compass. But, it is the same compass. In one day, Cisco was able to show that large…
Accorrding to Reuters, GM (NYSE: GM) will have half of its cars running on ethanol by 2012. Reuters writes that Cisco (NASD: CSCO) gave a weak forecast, moving tech shares down. Reuters…
Cisco Systems, Inc. (NASDAQ: CSCO) did give guidance in the conference call, and the shares got whacked over a less confident in near-term visibility and a weak January that is expected to…
Douglas A. McIntyre Cisco Systems, Inc. (NASDAQ: CSCO) has just posted earnings of $0.38 non-GAAP EPS on revenues of $9.83 Billion. First Call had estimates of $0.38 EPS and $9.79 billion in revenues. Net earnings…
Douglas A. McIntyre