-
Earnings Roundup
Monday, July 18, 2011 - 8:19am | 549PetMed Express Inc (NASDAQ: PETS) reported a 33% decline in its fiscal first-quarter earnings. PetMed Express reported its quarterly profit at $4.8 million, or $0.22 per share, down from $7.2 million, or $0.32 per share, in the year-earlier period. Its revenue dropped 1.1% to $74 million, while...
-
Oppenheimer Maintains Outperform on Check Point Software Technologies
Monday, July 18, 2011 - 7:49am | 139Oppenheimer is out with its report today on Check Point Software Technologies (NASDAQ: CHKP), maintaining Outperform. In a note to clients, Oppenheimer writes, "CHKP reported record 2Q11 revenue of $300.6M (up 15% YoY), ahead of our and the Street's estimate of $295M. Non-GAAP EPS of $0.68 (up 17...
-
Citi Maintains Buy on Microsoft
Monday, July 18, 2011 - 7:31am | 135Citi is out with its report today on Microsoft (NASDAQ: MSFT), maintaining Buy. In a note to clients, Citi writes, "We rate shares of Microsoft Buy/Low Risk (1L). Our rating is based the belief investors have significant underestimated the company's ability to maintain / grow its revenue in core...
-
Morgan Stanley Comments On Microsoft Progress With Android Patents
Monday, July 18, 2011 - 7:20am | 85According to Morgan Stanley, Microsoft (NASDAQ: MSFT) appears to be stepping up licensing agreements related to its Android-based patents, announcing 4 deals in the past three weeks after an agreement with HTC last year. Morgan Stanley said that reports suggest MSFT is also negotiating with...
-
Goldman Sachs Maintains Buy Rating On VMware
Monday, July 18, 2011 - 7:16am | 103According to Goldman Sachs, VMware (NYSE: VMW) will report 2Q2011 results on Tuesday, July 19, after the close. Goldman Sachs said that it is modeling total 2Q revenue and EPS of $875 mn (Street: $873mn) and $0.47 (Street: $0.47). “We continue to view VMware as one the key beneficiaries of the...
-
Goldman Sachs Previews Earnings From VMware
Monday, July 18, 2011 - 7:10am | 152Goldman Sachs is out with a research report on VMware, Inc. (NYSE: VMW) as the company is set to report earnings this week. It has a Buy rating and a $130 price target on shares. In a note to clients, Goldman Sachs writes, "VMware will report 2Q2011 results on Tuesday, July 19, after the close....
-
UPDATE: Check Point Software Reports Upbeat Q1 Results
Monday, July 18, 2011 - 6:17am | 63Check Point Software Technologies Ltd (NASDAQ: CHKP) reported upbeat Q1 results. The company posted its quarterly earnings, excluding one-off items, at $0.68 per share, up from $0.58 per share in the year-earlier period. Its revenue surged 15% to $300.6 million. Analysts were expecting earnings...
-
Is Your Head in the Clouds? Are Your Stocks in the Clouds?
Saturday, July 16, 2011 - 11:39am | 788Have you seen more ads on TV and in print about clouds and cloud computing? Cloud computing is having your programs and data stored remotely on a server in another location, instead of on your own individual computer. As long as you have an Internet connection, you can have a cheap old computer and...
-
Calls Purchased on CA
Friday, July 15, 2011 - 12:13pm | 112Shares of CA (NASDAQ: CA) are lower on the session by 0.81%, currently trading at $21.93. The stock has been moving largely lower over the past six months and is currently trading above the 200-day moving average. Options traders are buying calls on the name today. A short while ago the August...
-
Should Dividend Growth Investors Forgive General Electric? Part 1 - The Jack Welch Era
Friday, July 15, 2011 - 11:52am | 975Should Dividend Growth Investors Forgive General Electric? Part 1 - The Jack Welch Era There was a time in the not-too-distant past when General Electric Co. (GE) was the darling of Wall Street and everybody's favorite stock to own. This was especially true during the Jack Welch Era, which...
-
comScore Releases June U.S. Online Video Rankings; Total Unique Viewers - Google Leads, Followed by VEVO
Friday, July 15, 2011 - 10:23am | 301comScore, Inc. (NASDAQ: SCOR) today released data from the comScore Video Metrix service showing that 178 million U.S. Internet users watched online video content in June for an average of 16.8 hours per viewer. The total U.S. Internet audience engaged in more than 6.2 billion viewing sessions...
-
VMware Earnings Preview: Analysts Expect Rising Revenue
Friday, July 15, 2011 - 9:57am | 628VMware (NYSE: VMW) earnings are just around the corner! Don't be the last to know: The company announces its next round of earnings this Tuesday, July 19, 2011. Wondering what Wall Street is thinking ahead of VMware's lastest earnings numbers? Get the latest predictions in our essential guide to...
-
Earnings Preview: CA Earnings Expected to Increase Over Last Quarter
Friday, July 15, 2011 - 9:05am | 549Now's the time to start prepping for CA (NASDAQ: CA)! Don't be caught off-guard: The company releases its next round of earnings this Wednesday, July 20, 2011. Need to brush up a bit ahead of Wednesday's announcement? We've got just the thing. Here's your essential guide to CA's first quarter...
-
Benzinga's Top Downgrades
Friday, July 15, 2011 - 7:13am | 138Analysts at JP Morgan downgraded TeleCommunication Systems (NASDAQ: TSYS) from “overweight” to “neutral.” TSYS' stock closed at $5.20 yesterday. TSYS' trailing-twelve-month profit margin is 3.33%. Analysts at KeyBanc Capital markets downgraded Petrohawk Energy Corp (NYSE: HK) from “buy” to “hold...
-
Bank of America Merrill Lynch Maintains Buy on VMware
Friday, July 15, 2011 - 7:10am | 144Bank of America Merrill Lynch is out with its report today on VMware (NYSE: VMW), maintaining Buy. In a note to clients, Bank of America Merrill Lynch writes, "VMware has emerged as a virtualization platform with vSphere serving as a new software platform, enabling customers to perform sys mgt...