Sun Microsystems (JAVA) Wall St. expects bad earnings and is trading the stock that way. Drops to $10.33 from 52-week high of $25.04. VMWare (VMW) Lowers guidance and lets CEO go. Falls…
VMware Inc. (NYSE: VMW) has made an announcement of a significant management change this morning. Diane Greene is departing as the company’s President and CEO. VMware’s Board of Directors has appointed Paul…
Citigroup’s (C) CFO says he see write-downs through the end of the year. The head of hedge fund Paulson & Co,says bank losses will hit $1.3 trillion. Write-downs at Lehman (LEH) and…
These are ten of the analyst calls we are focusing on early this Wednesday morning in pre-market trading: ASM Intl NV (NASDAQ: ASMI) raised to Buy at Jefferies. BorgWarner (NYSE: BWA) Raised…
These are not the only analyst calls out there, but these are ten calls affecting stocks this Tuesday morning: ASM Intl NV (NASDAQ: ASMI) started as Underperform at Jefferies. ATA Inc. (NASDAQ:…
Shares of EMC Corp. are running up after earnings. The company’s net income of $268.8 million came to $0.13 EPS GAAP and $0.16 EPS non-GAAP while revenues were $3.47 Billion. First Call…
VMware Inc. (NYSE: VMW) decided not to make a repeat of last quarter’s earnings disappointments. The king of virtualization posted net income of $43 million on $438 million in revenues. Reported EPS…
Lehman Brothers has initiated major technology companies in new analyst coverage this morning. The broker has a mixed call in the sector. Overweight rated stocks are Apple, Inc. (NASDAQ: AAPL) with a…
We already gave a preview for the stocks we consider the most go-to in tech-land this coming week, but there are other major and key stocks that are grouped in other manners. …
Fearing a reprise of the 2000 catastrophe which wrecked hundreds of tech companies, big firms in the sector are hording cash. The only trouble with the idea is that the firms putting…
According to Reuters, the head of Samsung has been indicted for tax evasion. Reuters writes Ebay (EBAY) profits rose 22%, but the company was cautious about the rest of the year. Reuters…
These are the early-bird calls that we are looking at pre-market this Tuesday morning ahead of the earnings deluge that is about to start: Blockbuster (NYSE: BBI) Cut to Neutral at JPMorgan.…
EMC Corp. (NYSE: EM) has won in its attempt to acquire Iomega Corporation (NYSE: IOM). EMC will acquire San Diego-based Iomega for a purchase price of $3.85 per share in a deal…
Douglas A. McIntyre The largest losers among the big companies in the S&P 500 for the first quarter were: Microsoft (MSFT) down 21.6%, Google (GOOG) down 36.7%, Apple (AAPL) down 27.8%, Intel (INTC) down 22%,…
Virtualization was supposed to be the next big thing in enterprise software. Virtualization allows one computer do the job of multiple computers by sharing the resources of a single machine .The software…
