For the period ending October 15, short sellers got out of most banks and brokerage stocks. That is a shame for them. They could have made a killing this week. The short…
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…
Broadcom Corp. (NASDAQ: BRCM) has managed to do something that other chip outfits have not been able to manage this quarter by actually beating estimates. Non-GAAP EPS was $0.54 and revenues were…
These are some of the top analyst downgrades we are seeing early this Monday morning: Central Garden & Pet (CENT) Cut to Underperform at Jefferies. Helen of Troy (HELE) Cut to Hold…
It is as if the Paulson bank bailout and Monday’s 11% run up in the market never happened. The S&P closed today at 907.84, which is within three points of where it…
Good deeds should be their own rewards, but in the stock market that it not entirely true. Good earnings, especially in a harsh world, are supposed to yield shareholders something. In the…
Intel (INTC) said it loved its past and hated its future. The Age of Romance must be over. These sentiments are supposed to be the other way around. The world’s largest chip…
According to Reuters, economic attention has now turned to the recession. Reuters reports that a new survey shows that half of all workers are worried about their jobs Reuters reports that unions…
Intel Corporation (NASDAQ: INTC) posted third quarter earnings of $0.35 per share on $10.22 billion in revenue. Analysts expected the company to earn $0.34 EPS with $10.26 in revenue. Gross margins were…
Douglas A. McIntyre Intel Corporation (NASDAQ: INTC) is set to report earnings for its third quarter right after the close. First Call estimates are earnings of $0.34 and $10.26 billion in revenue. The biggest issue…
Douglas A. McIntyre What they say about big tech must be true. IT spending at companies is falling as businesses cut back across every expense category they can find. Software and hardware upgrades are put…
Analysts assume third quarter earnings for the companies in the S&P 500 will be bad. But, looking at the number which is the average of all firms in the index is misleading.…
A big up day in the market, say 4% or 5%, is not a rally, at least not any more. The DJIA has proved that it can move 1,000 points from bottom…
These are some of the top pre-market analyst downgrades we are seeing this Friday morning: Advanced Medical Optics (EYE) Cut to Underperform at Jefferies. Charles River (CRL) Cut to Market Perform at…
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…