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…
Everyone loves a good turnaround story, particularly in down-and-out technology stocks. The problem is that many turnarounds can never turn around. Computer Sciences Corp. (NYSE: CSC) was touted over and over as…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Tuesday morning. Amgen Inc. (NASDAQ: AMGN) raised to Buy at Lazard. American Tower…
wikicommons / SkimstaMany American companies have been lauded for their rapid rise to greatness, a process that sometimes takes less than a decade. These firms become leaders in their industries, are renowned…
Apple Inc. (NASDAQ: AAPL) has agreed to buy AuthenTec Inc. (NASDAQ: AUTH) in a deal valued at about $356 million. That comes to $8.00 per share, compared to $5.07 at Thursday’s close.…
ARM Holdings PLC (NASDAQ: ARMH) is bucking the Apple Inc. (NASDAQ: AAPL) drag. With its processor sales strong for smartphones and tablets, the British company managed to beat earnings expectations with a…
Apple Inc. (NASDAQ: AAPL) is set to report earnings after the close on Tuesday. With a great sell-through in iPads but a weaker iPhone demand ahead of the upcoming iPhone 5, everyone…
Short-seller Jim Chanos is rather well-known for his alternative views, particularly betting against some very popular companies and growth or value stories. At the second Delivering Alpha conference (2012) this week, Chanos…
Michael Dell, CEO and founder of one of the world’s largest PC companies, expects that the Chinese market will remain hot, according to quotes attributed to him by Reuters. “We are bullish…
A Goldman Sachs (NYSE: GS) report predicts a strong possibility the Federal Reserve will ease monetary policy by September. The most probable reason is that the economy will show evidence of a…
GlaxoSmithKline (NYSE: GSK) will take over Human Genome Sciences (NASDAQ: HGSI) for $2.8 billion. (Reuters) A poll from the National Association for Business Economics shows few companies plan to hire new workers. (Reuters)…
Intel Corporation (NASDAQ: INTC) is due to report earnings next week and the trend of earnings has been nothing short of extremely disappointing from technology companies. We outlined all of the big…
Sales of PCs worldwide were flat in the second quarter, according to research firm Gartner. The two largest U.S. companies did much worse. And the trend is likely to continue since neither…
By now investors have had time to digest the notion that technology company sales and earnings are just not going to live up to prior expectations in most cases. Investors are learning that…
The display advertising industry, shaken by the falling prices it can get for its online ads, has taken to showing full-page marketing messages at websites. These blot out all of the content on website pages,…