After Citigroup (C) and Merrill Lynch (MER) have announced their earnings, Wall St. will probably see what it expected. The estimates for write-offs, lay-offs, and new capital infusions are already out there.…
The tech sell-off is accelerating. It may be that Intel (INTC) got downgraded or that Motorola (MOT) may have had a weak Q4. But, the problem is probably worse than that. Tech…
A recent poll from Reuters showed that analysts believe that earnings growth rates will go negative in the fourth quarter. It is the first time that has happened since the poll was…
Most people with a college education would guess that the near-spectacular results posted by Research In Motion (RIMM) and Oracle (ORCL) are a sign that the broad tech industry has not been…
NetSuite (NYSE: N) is one we covered with a strengthening bid ahead of its IPO, but it priced at $26.00. That is twice the initial price forecast. Shares traded slightly lower at…
This is not every bit of news on individual stocks but this is the major news affecting many shares in pre-market activity this Thursday morning: Accenture (ACN) stock up 4% after posting…
According to Reuters, Oracle (ORCL) posted strong earnings and offered a robust outlook for its business. Reuters writes that Barclays (BCS) has sued Bear Stearns (BSC) over losses in two hedge funds…
NetSuite (NYSE: N) has priced its IPO, and the price has been raised yet again. The company is selling 6,200,000 shares at a price of $26.00. The lead underwriter is Credit Suisse…
Douglas A. McIntyre Oracle Corp. (NASDAQ: ORCL) just posted earnings. Its GAAP EPS was $0.25 but non-GAAP was $0.31 EPS on revenues of $5.3 Billion. First Call had estimates at $0.27 non-GAAP EPS on revenues…
After today’s close, we will get to see the highly expected earnings report out of Oracle (NASDAQ: ORCL). First Call has estimates at $0.27 EPS on revenues of $5.04 Billion. The company…
Douglas A. McIntyre The short interest in many Nasdaq-traded tech and communications stock rose sharply according to figures from November 30. They compare to number from November 15, 2007. Shares sold short in Level 3…
The management and board of BEA Systems (BEAS) are boobs of the first order. Oracle (ORCL) offered $17 a share for the company when it was trading below $14. The BEAS shares…
Douglas A. McIntyre According to Reuters, Barclays (BCS) took a $2.7 billion write-down due to exposure to subprime markets. Reuters writes that IBM (IBM) will push into the business of running huge data centers for…
All investors want to hear that the stocks they own are going to do well. Oracle (ORCL) sent a strong signal that Wall St. can count on big things. "Twenty percent? That’s…
Douglas A. McIntyre There are many other impacting analyst calls today, but these are the top calls that 24/7 Wall St. is focusing on: The Andersons (ANDE) raised to Buy at Banc of America. Autodesk…