MasterCard Is Plastic Gold
Like its rival Visa, shares of the card processor were on a tear before the market correction. Time to buy on the dip?
ARM CEO Sees Leverage Against Intel, Says WSJ
In case you missed it, I and my colleague Shara Tibken sat down this morning with ARM Holdings (ARMH) CEO Warren East, and Shara has put together an excellent write-up of East's remarks about the mobile chip business and how the competition with Intel ...
Stocks in the Spotlight Thursday
Sears rose. Advance Auto Parts, Nu Skin and Red Robin fell.
Yahoo! Names Spilman Chief Marketing Officer
Yahoo! (YHOO) this afternoon has apparently named Mollie Spilman, its head of global B2B Marketing, to serve as chief marketing officer, according to wire service reports. Yahoo! shares closed down 41 cents, or 2.7%, at $14.87 and were down another 2 c...
CRM Up 7%: FYQ1 Beats; Q2, Year Views Tops Estimates
Shares of Salesforce.com (CRM) are up $10.09, or 7.5%, at $143.89, in late trading after the company reported fiscal Q1 revenue and profit that topped analysts’ expectations, and also offered a better-than-expected Q2 and year view. Revenue in the ...
Autodesk FYQ1 Revenue Beats, Year View in Line
Shares of design software maker Autodesk (ADSK) traded lower in the after-market by 6% or so, before recouping losses following the company’s fiscal Q1 report, which was slightly ahead of analysts’ estimates on revenue, and a Q2 view that was below...
AMAT Rising: FYQ2 Beats, Year View in Line
Shares of chip equipment maker Applied Materials (AMAT) are up 15 cents, or 1.4%, at $10.63 in late trading after the company this afternoon reported fiscal Q2 revenue and earnings per share that topped analysts’ estimates, forecast the current quart...
Intuit FYQ3 EPS Beats, Q4 View in Line
Shares of financial software maker Intuit (INTU) are down a penny at $54.40 11 cents at $54.30 in late trading, though they briefly fell deeper than that, after the company reported fiscal Q3 revenue slightly below analysts’ expectations, but beat o...
Marvell Rising: FYQ1 Beats, Initiates Dividend, Increases Buyback Plan
Shares of chip maker Marvell Technology Group (MRVL) were briefly higher in late trading, but are now down 10 cents at $13.20 after the company said it will initiate a quarterly dividend of 6 cents per share, starting with a payment on July 11th to all...
DELL: Sterne Agee Ups to Hold, But PC Issues Remain
Sterne Agee‘s Shaw Wu today raised his rating on shares of Dell (DELL) to Neutral from Underperform, writing that the 17% drop in the stock since mid-February, versus a 2% decline in the Standard & Poor’s 500 Index, have brought the stock in line w...
CEVA Could Benefit From Nokia Flip to INTC, BRCM
Wunderlich Securities’s Matthew Robison today reiterates a Buy rating on chip technology designer Ceva (CEVA), writing that the Mountain View, California designer of “digital signal processors” could benefit as Nokia (NOK) switches processor make...
Dollar Tree Has Growth in Store
Shares stumbled after the discount retailer projected disappointing results. However, we think the stock is on sale.
