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Court Invalidates Kodak's Claim - Analyst Blog
Tuesday, January 25, 2011 - 7:31pm | 684The patent infringement action, which was filed by Eastman Kodak Company (EK) against Apple Inc. (AAPL) and Research In Motion Limited (RIMM), has been invalidated by the Administrative Law Judge in the U.S. International Trade Commission upon initial determination. However, the final decision is...
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Court Invalidates Kodak's Claim - Analyst Blog
Tuesday, January 25, 2011 - 7:04pm | 684The patent infringement action, which was filed by Eastman Kodak Company (EK) against Apple Inc. (AAPL) and Research In Motion Limited (RIMM), has been invalidated by the Administrative Law Judge in the U.S. International Trade Commission upon initial determination. However, the final decision is...
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Earnings Preview: Eastman Kodak - Analyst Blog
Monday, January 24, 2011 - 3:31pm | 667Eastman Kodak Company (EK) is slated to report its fourth quarter and fiscal 2010 results on January 26. Analysts following the stock have remained unmoved since the last 60 days as management has reiterated its sales guidance for fiscal 2010 in the range of $7.5 billion to $7.7 billion, same as...
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Earnings Preview: Eastman Kodak - Analyst Blog
Monday, January 24, 2011 - 3:19pm | 667Eastman Kodak Company (EK) is slated to report its fourth quarter and fiscal 2010 results on January 26. Analysts following the stock have remained unmoved since the last 60 days as management has reiterated its sales guidance for fiscal 2010 in the range of $7.5 billion to $7.7 billion, same as...
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News Corp Possible Buyer for Shine - Analyst Blog
Tuesday, January 18, 2011 - 4:31pm | 457According to Bloomberg, Rupert Murdoch's News Corp. (NWSA) may turn out to be a possible buyer for the Shine group, founded by his daughter, Elisabeth Murdoch, in 2001. The news followed after Shine engaged JPMorgan (JPM) to advice about the strategic alternatives and expansion opportunities of...
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News Corp Possible Buyer for Shine - Analyst Blog
Tuesday, January 18, 2011 - 4:16pm | 457According to Bloomberg, Rupert Murdoch's News Corp. (NWSA) may turn out to be a possible buyer for the Shine group, founded by his daughter, Elisabeth Murdoch, in 2001. The news followed after Shine engaged JPMorgan (JPM) to advice about the strategic alternatives and expansion opportunities of...
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Garmin Down to Underperform - Analyst Blog
Tuesday, January 18, 2011 - 3:31pm | 784We are downgrading shares of Garmin Ltd (GRMN) to Underperform, since conditions in the portable navigation device ("PND") market continue to deteriorate. Garmin generated around 64% of its third quarter revenue from the auto/mobile segment, the bulk of which comes from PNDs. Segment revenues...
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Garmin Down to Underperform - Analyst Blog
Tuesday, January 18, 2011 - 2:46pm | 784We are downgrading shares of Garmin Ltd (GRMN) to Underperform, since conditions in the portable navigation device ("PND") market continue to deteriorate. Garmin generated around 64% of its third quarter revenue from the auto/mobile segment, the bulk of which comes from PNDs. Segment revenues...
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Video Game Sales Decline in 2010 - Analyst Blog
Monday, January 17, 2011 - 4:01pm | 822The video game industry continued its dismal run for the second straight year, with sales down 6.0% year over year in 2010 to $18.58 billion, according to the research group NPD. Software sales declined 6.0% year over year to $9.36 billion. Including Personal Computer (PC) sales, software sales...
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Video Game Sales Decline in 2010 - Analyst Blog
Monday, January 17, 2011 - 3:30pm | 822The video game industry continued its dismal run for the second straight year, with sales down 6.0% year over year in 2010 to $18.58 billion, according to the research group NPD. Software sales declined 6.0% year over year to $9.36 billion. Including Personal Computer (PC) sales, software sales...
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PC Sales Grow in 4Q - Analyst Blog
Friday, January 14, 2011 - 4:01pm | 369Personal computer (PC) shipments for the fourth quarter were disappointing, missing IDC estimates, although growing 2.7% during the quarter. As expected, Apple Inc's (AAPL) iPad was partially to blame, diverting dollars away from the more traditional desktop and notebook markets. Both market...
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PC Sales Grow in 4Q - Analyst Blog
Friday, January 14, 2011 - 3:19pm | 369Personal computer (PC) shipments for the fourth quarter were disappointing, missing IDC estimates, although growing 2.7% during the quarter. As expected, Apple Inc's (AAPL) iPad was partially to blame, diverting dollars away from the more traditional desktop and notebook markets. Both market...
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Michael Smith Resigns as CFO From Cobra Electronics
Friday, January 14, 2011 - 9:18am | 56Cobra Electronics Corporation (Nasdaq: COBR) today announced that Michael Smith has submitted his resignation as Senior Vice President and Chief Financial Officer, effective January 31, 2011. Bob Ben, Vice President and Corporate Controller, has been appointed as interim Chief Financial Officer...
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Michael Smith Resigns As Cobra Electronics CFO
Friday, January 14, 2011 - 9:06am | 68Cobra Electronics Corporation (Nasdaq: COBR), a leading global designer and marketer of mobile communications and navigation products, today announced that Michael Smith has submitted his resignation as Senior Vice President and Chief Financial Officer, effective January 31, 2011. Bob Ben, Vice...
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Mad Money Lightning Round: Cramer Advises Investors To Sell Wal-Mart (GRMN, UCTT, SHAW, RIG, WMT, KSS)
Friday, January 14, 2011 - 5:55am | 229On CNBC's Mad Money, Jim Cramer said during the Lightning Round that he doesn't like Garmin (NASDAQ: GRMN). He added, “People have GPS on their cell phones now. Why do they need Garmin? I say sell, sell, sell." For Ultra Clean Holdings (NASDAQ: UCTT), he said, "This is a good situation. It's pretty...