Short Sellers Leave Financials, Mixed on Tech
Short sellers reduced their positions in major financial firms and their positions in major tech stocks were divided, based on data from the NYSE and Nasdaq for the period that ended February…
Short sellers reduced their positions in major financial firms and their positions in major tech stocks were divided, based on data from the NYSE and Nasdaq for the period that ended February…
Since the beginning of the year the Philadelphia Semiconductor Index is up about 17%. The run-up may be over for some chip makers and sustainable for others. Analysts have set some new…
Microsoft Corp. (NASDAQ: MSFT) is preparing to distribute computers with a version of its upcoming Windows 8 operating system for devices using ARM processors from ARM Holdings plc (NASDAQ: ARMH). This marks…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street brokerage and research firms this Tuesday morning. Caterpillar, Inc. (NYSE: CAT) Raised to Outperform as Bull…
The predictions of an economic collapse in Europe were premature. Area research firm Markit released manufacturer purchasing activity for January. The numbers for France improved, although many experts have worried that its GDP has…
Eurozone ministers reject a settlement between private bondholders and Greece. (Reuters) Macy’s (NYSE: M) sues Martha Stewart Omnimedia (NYSE: MSO) over a deal the media company did with JCPenney (NYSE: JCP) that…
We have several stocks on the move in Monday’s after-hours trading session. Most of these are on earnings as follows: InterDigital Inc. (NASDAQ: IDCC); NVIDIA Corporation (NASDAQ: NVDA); Polycom Inc. (NASDAQ: PLCM); Texas Instruments…
Texas Instruments Inc. (NYSE: TXN) is out with its earnings for the fourth quarter. The chip giant reported earnings of $0.25 EPS on $3.42 billion in revenues in what feels a bit…
Since the beginning of the year the Philadelphia Semiconductor Index is up more than 13.5%. The run-up may be over for some chip makers and sustainable for others. Analysts are also a…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street brokerage and research firms this Friday morning. BlackRock Inc. (NYSE: BLK) Cut to Neutral at Citigroup.…
Semiconductor investors have had to endure a lot of pain and a lot of volatility, but things may be on the mend. Analog chip players were higher throughout the trading day after…
The Philadelphia Semiconductor Index (SOX) is up nearly 5% today as semiconductor stocks are pushing the NASDAQ Composite up more than 1%, almost twice as much as the DJIA and S&P 500.…
Shares in semiconductor stocks have gained and lost value in about equal number during 2011. The run-up in share prices may be over for some and sustainable for others. For stocks that…
The NASDAQ has always been considering the heavyweight exchange for technology listing, and it just put on more weight today with an announcement from Texas Instruments Inc. (NYSE: TXN) that the chipmaker…
Semiconductor equipment maker Lam Research Corp. (NASDAQ: LRCX) will acquire competitor Novellus Systems Inc. (NASDAQ: NVLS) in an all-stock deal worth an estimated $3.3 billion. Novellus shareholders will receive 1.125 shares of…