Dell Off 17%: Mizuho Says Hold; Even Bulls Disheartened
Shares of Dell (DELL) are down $2.56, or 17%, at $12.52, this morning after the company last night reported weaker-than-expected fiscal Q1 results, and projected Q2 revenue growth below consensus, and said it had to make changes to its sales stra...
This Morning: Facebook Up 4% Despite Headlines, Alcatel Vies with JNPR, CSCO
Here are some things going on this morning in your world of tech: Shares of Facebook (FB) have turned positive despite adverse headlines. The stock opened at $31.37, up about 1% from yesterday’s close, after rising in pre-market trading, and is now u...
Dell Off 12% on Weak Q2 View; Laptop Sales Hit by ‘Alternatives’
Shares of Dell (DELL) are down $1.12, or 7%, at $13.96, after the company this afternoon reported fiscal Q1 revenue and earnings per share below analysts' estimates, and forecast a Q2 revenue rise less than expected.
Revenue in the three months ende...
Analog Devices FYQ2 Beats, Q3 Rev View Light
Shares of chip maker Analog Devices (ADI) are down 93 cents, or 2.6%, at $34.87 after the company this afternoon reported fiscal Q2 revenue and profit ahead of analysts’ expecations, but forecast this quarter’s revenue growth lower than expected. R...
AVGO FYQ2 EPS Beats, Q3 Rev View Light; Shares Rise
Shares of wireless chip maker Avago Technologies (AVGO) are up 93 cents, or 3%, at $32.20 in late trading after the company this afternoon reported fiscal Q2 revenue in line with expectations and profit slightly better than expected, but forecast this ...
Aruba Down 7%: FBN Ups to Buy, Despite Raft of Risks
Shares of WiFi equipment vendor Aruba Networks (ARUN) are down $1.12, or 7%, at $14.18 after the company last night reported fiscal Q3 revenue and earnings per share in line with expectations, forecast this quarter’s revenue in line with estimates, b...
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...
