-
Nokia World: Old Wine in New Bottle - Analyst Blog
Wednesday, September 15, 2010 - 8:03pm | 992Yesterday, Nokia Corp. (NOK) inaugurated its annual Nokia World 2010 conference in London showcasing three new smartphones namely, E7, C7, and C6 that will join its flagship N8 smartphone portfolio. All these devices are based on the company's upgraded Symbian 3 operating system (OS), which also...
-
Oracle's Earnings Tomorrow - Analyst Blog
Wednesday, September 15, 2010 - 3:12pm | 1254Oracle Corp. (ORCL) is expected to report its first quarter fiscal 2011 earnings tomorrow on September 16, 2010, after market close. The stock has been trending upward, following the release of the strong quarterly results in June. Moreover, the share price soared over the last two weeks on the...
-
Technology Roundup (MSFT, CSCO, ORCL, HPQ, GOOG, AAPL)
Wednesday, September 15, 2010 - 12:04pm | 121Stocks have drifted higher today despite worse than expected manufacturing numbers which were released this morning. Many observers are pointing to the Fed's Permanent Open Market Operation (POMO). Large cap technology stocks are higher nearly across the board. Here is a mid-day roundup of the tech...
-
Radware Subject To Profit Taking (RDWR)
Wednesday, September 15, 2010 - 9:55am | 130Shares of Radware (NASDAQ: RDWR) are subject to profit taking this morning, trading down more than 6% after the company was subject to takeover rumors yesterday. There were unconfirmed rumors that that technology company could be acquired by either Hewlett-Packard (NYSE: HPQ) or IBM (NYSE: IBM)....
-
Will Cisco Start the Age of the Tech Dividend?
Wednesday, September 15, 2010 - 9:39am | 185Cisco (Nasdaq: CSCO) will begin to pay a dividend, which is expected to have a yield of 1% to 2%. The payout will start near the end of the company's fiscal year. A few large tech companies like IBM (NYSE: IBM) and Microsoft (Nasdaq: MSFT) have payouts already. There has even been speculation that...
-
New Kindle Ads Savage iPad
Wednesday, September 15, 2010 - 9:28am | 188In new ads recently posted on YouTube which may make it to TV, Amazon.com (NASDAQ: AMZN) has savaged the Apple (NASDAQ: AAPL) iPad based both on price and the trouble users have seeing its screen in bright sunlight. The difference in the usefulness of the two devices appears to be small, but it...
-
AAPL and PANL or, Looking Behind the Curtain (For Values)
Wednesday, September 15, 2010 - 9:25am | 1826About a year ago – on September 18, 2009 – I wrote about a company called Universal Display (NASDAQ:PANL), which is at the center of the blossoming OLED technology sector and its derivatives. OLED stands for organic light emitting diode and is a relatively inexpensive, high-efficiency method of...
-
Smartphone Users Download Apps, But Don't Use Them–Because They Can't
Wednesday, September 15, 2010 - 7:42am | 129Many smartphone owners download apps but do not use them, like the car buyer who asks for adjustable sets but never uses the settings. The Pew Internet Project says that 35% of Americans who have access to apps add them to their phones, but only 24% use them. People who own Apple Inc (NASDAQ: AAPL...
-
Earning Preview: Research In Motion - Analyst Blog
Tuesday, September 14, 2010 - 7:12pm | 1077Research In Motion Ltd. (RIMM) is on the verge of declaring its quarterly financial results that may turn out to be very critical for its future operations. On September 16, after the closing bell, the company will announce its second quarter results of fiscal 2011. Despite generating healthy net...
-
Late Market Roundup (TOL, DAL, HPQ, CSCO, DELL, CAL, LCC, ALK, JBLU, LUV)
Tuesday, September 14, 2010 - 2:04pm | 306Joel Rassman, Chief Financial Officer (CFO) of Toll Brothers Inc (NYSE: TOL), passed away early Tuesday. Rassman had been the CFO of the company since 1984. He had served as a member of the board since 1996. Executive Chairman Robert Toll said, "As we announced in December of 2008, he faced serious...
-
BNSF Selects Dell's Services - Analyst Blog
Tuesday, September 14, 2010 - 1:45pm | 376Round Rock Texas-based PC maker Dell Inc. (DELL) recently announced that BNSF Railway (BNSF) will be using its computing, field and managed services. Financial details of this five-year contract were not disclosed. BNSF Railway, a wholly owned subsidiary of Burlington Northern Santa Fe Corp., is...
-
Big Tech Hungers for More Acquisitions
Tuesday, September 14, 2010 - 1:08pm | 190If any industry has stood out in recent months when it comes to M&A activity, it's been technology. But more specifically, the narrative has been one of large tech firms purchasing specialized small to mid-cap companies at fairly attractive premiums. The list is long, ranging from Intel’s (...
-
Wells Fargo Downgrades ArcSight On HP Acquisition (ARST, HPQ)
Tuesday, September 14, 2010 - 9:37am | 197Wells Fargo Securities is downgrading shares of ArcSight (NASDAQ: ARST) to Market Perform after the company agreed to be acquired by Hewlett-Packard (NYSE: HPQ) for $43.50 per share. In the research note, Wells Fargo writes, "HP announced that it has signed a definitive agreement to acquire...
-
Brean Murray Has $50 Target On HP (HPQ)
Tuesday, September 14, 2010 - 9:16am | 165Brean Murray has a $50 price target on shares of Hewlett-Packard (NYSE: HPQ) and a Buy rating, after the company agreed to purchase ArcSight (NASDAQ: ARST) for $43.50 per share in cash yesterday. In the research note, Brean Murray writes, "We believe HP was attracted to ArcSight, given 1)...
-
Six Large Corporations Announce New Supplier Program (T, BAC, C, IBM, PFE, UPS)
Tuesday, September 14, 2010 - 9:08am | 148A consortium of large businesses in a variety of industry sectors today announced a new way for small businesses to compete with greater ease to sell goods and services to global companies, potentially leading to the creation of new jobs and economic growth. AT&T (NYSE: T), Bank of America (...