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Volterra Vaults Higher
Tuesday, July 26, 2011 - 2:13pm | 419Volterra Semiconductor Corporat (NASDAQ: VLTR) the tiny $600 million semiconductor company you probably have never heard of is making shareholders very happy this afternoon after reported strong earnings. At last check, shares were up ~15% after the Fremont, CA-based company reported earnings of...
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The iPortfolio: Stocks That Live Off Apple's Glow
Tuesday, July 26, 2011 - 1:19pm | 618Apple (NASDAQ: AAPL) reported earnings last week that absolutely blew away consensus estimates, continuing to defy even the most optimistic on Wall Street. The Cupertino-based company reported third quarter earnings of $7.79 per share on $28.57 billion. That blew away estimates from Wall Street...
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QuickLogic Receives First High Volume Production Order from Pantech for Tablet Phone
Tuesday, July 26, 2011 - 1:15pm | 116QuickLogic (NASDAQ: QUIK) announces the receipt of the first volume production order for VEE and DPO technologies for the new Pantech Tablet Phone dual-core Snapdragon smartphone which has been released this month in South Korea. VEE allows Tablet Phone users a great viewing experience with the...
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QuickLogic Receives First High Volume Production Order From Pantech for Tablet Phone
Tuesday, July 26, 2011 - 1:00pm | 210Visual Enhancement Engine technology brings exceptional image quality to the 5-inch WVGA screen Display Power Optimizer technology works in concert with VEE to extend system battery life an average of 25% QuickLogic Corporation (NASDAQ: QUIK) is proud to announce the receipt of the first volume...
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Lazard Capital Comments on DSP Group
Tuesday, July 26, 2011 - 12:07pm | 97Lazard Capital provided color on DSP Group (NASDAQ: DSPG) in a research report published today. Lazard Capital has given DSP Group a Neutral rating. In the report, Lazard Capital states, "We see limited downside to the stock at these levels due to the fact that the stock is currently trading at 1....
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Options Brief: Marvell Technology
Tuesday, July 26, 2011 - 11:16am | 94Shares of Marvell Technology (NASDAQ: MRVL) are higher on the session by 3.79%, trading at $15.87. Overall call volume is now running at 2.17x the daily average, with 5% of all calls traded being purchases on the offer. 26,970 contracts have traded on the session so far. Marvell Technology Group...
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Calls Purchased on Applied Micro Circuits
Tuesday, July 26, 2011 - 10:46am | 106Shares of Applied Micro Circuits (NASDAQ: AMCC) are lower on the session by 0.71%, currently trading at $8.36. The stock has been moving largely lower over the past three months and is currently trading below the 200-day moving average. Options traders are buying calls on the name today. A short...
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Market Movers Update
Tuesday, July 26, 2011 - 10:43am | 227Winners: Sino-Forest (OTC: SNOFF) is trading up over 18.50%. Lexmark (NYSE: LXK) is trading up almost 18.50% after the company reported earnings. Sanmina-SCI (NASDAQ: SANM)is trading up over 17% after reporting earnings. Volterra Semiconductor (NASDAQ: VLTR) is trading up over 14% after reporting...
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Broadcom up Nearly 10% on Positive Analyst Comments
Tuesday, July 26, 2011 - 10:31am | 39Broadcom (NASDAQ: BRCM) is up nearly 10% on positive analyst comments. Company's Buy and Overweight ratings were reiterated by top-tier and mid-tier analyst firms. Broadcom is currently trading at $38.23, again of 3.32 or 9.51%.
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Citi Reports A Change In Estimates For Texas Instruments
Tuesday, July 26, 2011 - 10:22am | 56According to Citi, Texas Instruments (NYSE: TXN), estimates have been revised. Citi reported a decrease in EPS estimates from $2.38 to $2.29 for FY11, from $2.54 to $2.42 for FY12, and from $2.78 to $2.75 for FY13. PT has been set at $39 with a rating of Buy/Medium Risk. Texas Instruments closed...
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Options Brief: TriQuint Semiconductor
Tuesday, July 26, 2011 - 10:06am | 66Shares of TriQuint Semiconductor (NASDAQ: TQNT) are higher on the session by 1.73%, trading at $10.56. Overall call volume is now running at 3.08x the daily average, with 87% of all calls traded being purchases on the offer. 2,770 contracts have traded on the session so far. TriQuint...
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Sterne Agee Comments on Texas Instruments
Tuesday, July 26, 2011 - 9:52am | 154Sterne Agee has published a report on Texas Instruments (NYSE: TXN) at the quarter. In the report, Sterne Agee wrote, "TXN reported C2Q11 (Jun) revenues/EPS of $3.46B/$0.56 versus consensus of $3.44B/$0.54. Book: Bill in the quarter was 1.04. TXN continuing to see some weakness in Japan and...
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Oppenheimer Comments on Broadcom Corporation at the Quarter
Tuesday, July 26, 2011 - 9:48am | 146Oppenheimer has published a report on Broadcom Corporation (NASDAQ: BRCM). In the report, Oppenheimer wrote, "After the close, BRCM reported 2Q non-GAAP EPS of $0.72, ahead of consensus'$0.63, on in-line revenues of $1.80B. Outlook for revenues of $1.95B (midpoint) compared favorably with the...
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Oppenheimer Publishes Quarterly Update on Texas Instruments
Tuesday, July 26, 2011 - 9:44am | 151Oppenheimer has published a report on Texas Instruments (NYSE: TXN) updating readers at the quarter. In the report, Oppenheimer wrote, "After the close, TXN reported 2Q sales/EPS of $3.5B/$0.56, ahead of Street's$3.4B/$0.53. Outlook for $3.55B/$0.60 compared less favorably with $3.62B/$0.64 3Q...
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Auriga Reiterates Buy on Broadcom, Raises PT to $44
Tuesday, July 26, 2011 - 9:37am | 42Auriga reiterated its Buy rating on Broadcom (NASDAQ: BRCM). At the same time, the rating agency raised its price target on the company's stock from $41 to $44. In today's trading, BRCM surged 10.41% to stand around $38.54.