There is market chatter, despite the sell-off, that Oracle Corp. (NASDAQ: ORCL) may play catch-up in the virtualization space. Jefferies has noted that Larry Ellison and friends may soon acquire privately held…
It would make sense that as businesses cut back on spending for PCs they would also cut back on the purchase of servers. One of the things computers and servers have in…
Cisco Systems Inc. (NASDAQ: CSCO) reported earnings of $0.32 non-GAAP EPS and $9.09 billion in revenue. First Call estimates were $0.30 EPS and $9 billion in revenue. What is more important here…
Citrix Systems Inc. (NASDAQ: CTXS) is getting shelled after its earnings report. The company’s net fell 4% to $0.33 EPS, and non-GAAP earnings before items was $0.48 EPS. Revenue rose 4% to…
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…
VMware, Inc. (NYSE: VMW) just posted earnings and the virtualization leader reported that Q4 sales and earnings were $0.36 non-GAAP EPS on $515 million in revenues. Analysts were looking for $0.26 EPS…
Douglas A. McIntyre Virtualization leader VMware, Inc. (NYSE: VMW) is set to report earnings after the close of trading today. This earnings will likely have an impact on EMC Corp. (NYSE: EMC) and Citrix Systems,…
Check with Sun (JAVA). The server end of the tech industry has poor margins and unforgiving competition. HP (HPQ) has a server division. It grew only .7% in the company’s last fiscal…
EMC Corp. (NYSE: EMC) has been a love and hate relationship if you have hung in there since before, during, or after the VMware (NYSE: VMW) spin-off. The company issued some great…
These are the top analyst downgrades and negative analyst calls we are seeing this Friday morning: Autodesk (ADSK) Cut to Neutral at Baird. BE Aerospace (BEAV) Cut To Market Perform at FBR.…
These are the top analyst upgrades we are seeing from Wall Street early this Tuesday morning: Force Protection (NASDAQ: FRPT) Raised to Buy at Collins Stewart. Infosys (NASDAQ: INFY) Started as Outperform…
VMWare’s (VMW) went from an IPO price of under $50 a year and a half ago to $125. That happened in three months. The market then discovered that the virtualization software company’s…
Douglas A. McIntyre According to Reuters, disappointing earnings pushed Wall St. down. Reuters reports that Yahoo! (YHOO) profits dropped and the company will cut jobs. Reuters writes that Kirk Kerkorian sold part of his Ford…
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…
If the segment of tech which markets to large businesses was supposed to be one of the last bastions of earnings safety, it has just fallen. SAP (SAP), the second largest enterprise…
