According to Reuters, American Express (AXP) earnings dropped 72% but still beat expectations. Reuters writes that Geithner was confirmed to be Treasury Secretary. Reuters reports that people lost confidence in business globally…
Texas Instruments Incorporated (NYSE: TXN) has posted its fourth quarter results of $0.08 EPS on revenue of $2.49 billion. There are items here in the numbers and the company is very cautious…
Douglas A. McIntyre Broadcom Corporation (NASDAQ: BRCM) followed the path of other chip stocks and came out with lower guidance last night. This was on the heels of atrocious guidance from Texas Instruments (NYSE: TXN)…
Douglas A. McIntyre According to Reuters, The Tribune Company filed for Chapter 11. Reuters reports that Congress and The White House are close to a bill that would give Detroit modest loans. Reuters reports that…
Texas Instruments Inc. (NYSE: TXN) lowered guidance at its mid-quarter update. We expected this, but the magnitude here for companies reporting data later this quarter is getting worse than those which gave…
Douglas A. McIntyre Today may be a fairly important news day after the close for semiconductor stocks. We have a mid-quarter update from Texas Instruments Inc. (NYSE: TXN) and an earnings report from National Semiconductor…
Douglas A. McIntyre Rick’s Cabaret (RICK) may be in a business which many investors disapprove of. It runs strip clubs. Nonetheless, the stock is soaring today. Another vice stock, Wynn (WYNN) is trading heavy on…
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 pre-market analyst downgrades and negative calls we are seeing from Wall Street this Tuesday morning: CNOOC (CEO) Cut to Hold at Deutsche bank. Excelon (EXC) Cut…
According to Reuters, Japan markets were higher on a broad government bailout plan. Reuters reports that Merrill Lynch (MER) will cut 500 trading jobs. Reuters writes that low retailer prices and competition…
Mobile chip giant Texas Instruments (NYSE: TXN) has posted earnings of $0.43 per share and $3.39 billion in revenue. First Call had estimates of $0.44 on $3.40 billion in revenue. Back on…
After the close of trading, we should get earnings out of mobile chip giant Texas Instruments (NYSE: TXN). First Call has estimates at $0.44 EPS on $3.40 billion in revenues. As you…
Douglas A. McIntyre Nokia (NOK) is a great company for two reasons. It has been run so well that it has nearly 40% of the global cellphone business even though it is headquartered in an…
The cut-off for the last short interest data was September 15, before a number of financial stocks got protection from the SEC. Before the ban, short sellers were already moving out of…
There was a very mixed bag in short selling in the semiconductor sector. What was interesting was the huge increase in the bets against NVIDIA because it was so far after the…
