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Broadcom Expected To Exceed Expectations.
Monday, October 11, 2010 - 9:07am | 146Broadcom Corporation (NASDAQ: BRCM) Q3 revenue beat the street estimate of $1.74B driven by Mobile & Wireless which was up 25% Q/Q. In a research report Jefferies & Company writes, "We believe its WLAN business was up over 30% Q/Q driven by the ramp of combo chips – specifically at Apple (...
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Broadcom Expected To Exceed Expectations.
Monday, October 11, 2010 - 9:03am | 146Broadcom Corporation (NASDAQ: BRCM) Q3 revenue beat the street estimate of $1.74B driven by Mobile & Wireless which was up 25% Q/Q. In a research report Jefferies & Company writes, "We believe its WLAN business was up over 30% Q/Q driven by the ramp of combo chips – specifically at Apple (...
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Is Android The Next Gold Mine For Google?
Sunday, October 10, 2010 - 4:13pm | 1859By Dian L. Chu, Economic Forecasts & Opinions After years of searching, developing, acquiring, plus a few flops along the way, Google seems to have finally found the next big revenue stream--in addition to its web search. Eric Schmidt, Google CEO, claims that Android is making money and...
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Run In Apple Continues (AAPL)
Friday, October 8, 2010 - 3:32pm | 110The move in shares of Apple (NASDAQ: AAPL) since the end of August has been stunning. The shares have gained over $50 since August 30th. During today's trading session, AAPL has jumped another 1.66% to $294.03. The next stop in this stock appears to be north of $300. AAPL makes up an incredible 20...
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Markets Float Higher As Jobs Report A Non Event
Friday, October 8, 2010 - 11:37am | 360The markets are floating to the positive side today after the Non Farm Payrolls and Unemployment Report turned out to be a non event. The Non Farm Payrolls number came in at -95,000. The market had expected a flat number. While at first glance, this number seems very negative, the key number...
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Friday's Mid-day Options Volume Leaders (AAPL, AA, C, JCP, ADBE)
Friday, October 8, 2010 - 11:20am | 113The overall market is hovering around the flat line today as traders digest the jobs report as QE2 expectations; currently, the S&P 500 (CBOE: SPX) is trading at $1,161.24, higher by 3.20 points. Here are your mid-day options volume leaders… 1. Apple Inc. (NASDAQ: AAPL) 118,774 contracts, 60.1...
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ABN AMRO Extends Services Agreement with IBM
Friday, October 8, 2010 - 11:05am | 55ABN AMRO today signed a contract to extend its services agreement with IBM (NYSE: IBM). Under the new agreement, IBM will build and provide a new computing environment while integrating the existing infrastructure of ABN AMRO and the former Fortis Bank. Both banks legally merged on July 1, 2010.
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Apple To Blow Out Earnings?
Friday, October 8, 2010 - 10:39am | 130Oppenheimer says it would be buyers of Apple (NASDAQ: AAPL) ahead of its F4Q10 earnings report on Monday, 10/18. Apple's stock has performed admirably this year, but it has significantly lagged the improvement in the company's fundamentals, which have driven FY10 consensus EPS estimates up by 75%...
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Oppenheimer Anticipates Apple's 10/18 4Q Earnings Report
Friday, October 8, 2010 - 9:06am | 159Oppenheimer has issued a research report for Apple, Inc. (NASDAQ: AAPL) in anticipation of the company's 4Q earnings results coming on Monday, 10/18. In the report, Oppenheimer writes "We'd be buyers of Apple ahead of its F4Q10 earnings report on Monday, 10/18. Apple's stock has performed admirably...
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China Telecom May Get iPhone In 2011
Friday, October 8, 2010 - 3:07am | 191China Telecom (NYSE: CHA), the country's third-largest mobile phone carrier, may get its hands on Apple's (Nasdaq: AAPL) iPhone early next year when Apple's exclusivity agreement with China Unicom (NYSE: CHU) ends. Citing a Deutsche Bank note, the South China Morning Post is reporting China Telecom...
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Fast Money Picks For October 8th (XLF, CRM, ADBE, IBM, AA, CAT)
Thursday, October 7, 2010 - 7:38pm | 263On CNBC's Fast Money, Steve Cortes said that low interest rates are a big problem for financials. He wants to sell Financial Select Sector SPDR (ETF) (NYSE: XLF) on Friday. Financial Select Sector SPDR (ETF) (XLF) fell 0.41% today, and closed at $14.66. Joe Terranova recommended investors to buy...
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Apple, Inc. Is The Single Largest US Equity Position Of ETFs In The Aggregate (NASDAQ:AAPL), (NASDAQ:QQQQ), (NYSE:SPY)
Thursday, October 7, 2010 - 5:27pm | 285“According to ETFChannel.com's Top ETF Stock Components list, Apple, Inc. (NASDAQ: AAPL) is the single largest US equity position of ETFs in the aggregate. ETFs hold approximately $9.7(...)Read the rest of Apple, Inc. Is The Single Largest US Equity Position Of ETFs In The Aggregate (NASDAQ: AAPL...
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Zings Of The Day
Thursday, October 7, 2010 - 4:04pm | 201Apple (NASDAQ: AAPL) is finally making a Verizon (NYSE: VZ) iPhone, according to the Wall Street Journal. I've heard this oh, a million times before. I'll believe it when I see the Verizon guy holding up an iPhone, saying, "Can you hear me now?" Motorola (NYSE: MOT) is suing Apple (NASDAQ: AAPL),...
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What's Hot On TheStreet
Thursday, October 7, 2010 - 12:51pm | 241Here's what Benzinga's reading on our friend, TheStreet.com. What's Hot On TheStreet Cubic Rides Not One, But Two, Big Trends Companies such as iPhone maker Apple (NASDAQ: AAPL) and search firm Google (NASDAQ: GOOG) capture investors' attention because they do business in wildly growing markets....
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Bookkeeping: Closing Mercadolibre (MELI)
Thursday, October 7, 2010 - 11:55am | 530Since I still have a small profit (versus a much larger one just a week ago) I did not even realize the damage done to Mercadolibre (MELI) in the past week. I guess as long as Apple (AAPL) goes up the NASDAQ will hold up, but we are seeing some quite serious damage under the surface since Oct 1st...