Semiconductor sales hit $23.1 billion in March, further solidifying the industry's growth after a brutal downturn a year ago, according to the closely watched Semiconductor Industry Association report. It was the second-best period on record after November 2007.
Continue reading Chip Sales in March Jumped 4.6%, the Second-Best Month Ever
Chip Sales in March Jumped 4.6%, the Second-Best Month Ever originally appeared on DailyFinance on Mon, 03 May 2010 08:30:00.
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While the sector is revving up, the chip and storage segments show the highest gains in revisions to earnings estimates. For instance, since earnings season kicked off, analysts' estimates for chipmakers have risen by 12.5%. Tech investors take note.
Continue reading Tech Bulls Focus on Chips and Storage
Tech Bulls Focus on Chips and Storage originally appeared on DailyFinance on Wed, 28 Apr 2010 17:40:00.
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The following is a round-up of news likely to affect stock prices today:
General Electric Co. (
GE) says its
first-quarter earnings fell 30% to $1.9 billion, or 17 cents per share, due to lower profits in its big industrial divisions and ongoing struggles at
GE Capital. The results still beat Wall Street expectations and CEO Jeff Immelt says the company sees "potential for upside" to 2010 results....
Continue reading Stocks in the News: GE, Bank of America, Google, Oracle
Stocks in the News: GE, Bank of America, Google, Oracle originally appeared on DailyFinance on Fri, 16 Apr 2010 07:54:00.
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The following is a round-up of news likely to affect stock prices today:
Google Inc. (
GOOG) is
expected to post earnings of $6.60 per share on 20% higher revenue of $4.95 billion after the close of trading.
UPS (
UPS) said its adjusted first-quarter earnings would be
much higher than anticipated and reported they were 71 cents a share, far exceeding analyst expectations of 57 cents a share. Revenue...
Continue reading Stocks in the News: UPS, Google, Mariner Energy
Stocks in the News: UPS, Google, Mariner Energy originally appeared on DailyFinance on Thu, 15 Apr 2010 07:55:00.
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The following is a round-up of news likely to affect stock prices today:
Citigroup (
C), Goldman Sachs (
GS), J.P. Morgan Chase (
JPM), Morgan Stanley (
MS) and Bank of America (
BAC) are just five of 18 banks that
masked the level of risk they took over the last five quarters by lowering their debt levels just before recording the figures publicly, the
Wall Street Journal reported, according to data...
Continue reading Stocks in the News: Banks, Chevron, Wal-Mart
Stocks in the News: Banks, Chevron, Wal-Mart originally appeared on DailyFinance on Fri, 09 Apr 2010 08:15:00.
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The following is a round-up of news likely to affect stock prices today:
Research In Motion Ltd. (
RIMM) on Wednesday reported
37% higher earnings for its fiscal fourth quarter to $710 million, or $1.27 per share, basically inline with analyst expectations. But revenue, even though it jumped 18% to $4.08 billion, fell short of Wall Street expectations. Goldman Sachs
cut RIM to sell from neutral,...
Continue reading Stocks in the News: Research In Motion, Citigroup, Micron
Stocks in the News: Research In Motion, Citigroup, Micron originally appeared on DailyFinance on Thu, 01 Apr 2010 07:55:00.
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Well regarded tech entrepreneur Vivek Wadhwa warns that talent fleeing the U.S. for India and China is threatening innovation here. But at a popular Valley eatery, you can see -- and hear -- a very different picture of the area's global brainpower.
Continue reading Why Silicon Valley Isn't Starving for Overseas Talent
Why Silicon Valley Isn't Starving for Overseas Talent originally appeared on DailyFinance on Sat, 27 Mar 2010 13:25:00.
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Shares of AIG are on the move Monday after the insurer agreed to sell its Alico unit to MetLife for $15.5 billion. The deal is AIG's second major asset sale this month as it attempts to whittle down its bailout tab. Click inside to see what other news is influencing Wall Street today.
Continue reading Stocks in the News: AIG, Hewlett-Packard, McDonald's
Stocks in the News: AIG, Hewlett-Packard, McDonald's originally appeared on DailyFinance on Mon, 08 Mar 2010 07:43:00.
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Advanced Micro Devices (
AMD) surprised the Street by
topping expectations when it announced its fourth-quarter earnings Thursday afternoon. During the quarter, the semiconductor firm earned $1.18 billion, or $1.52 per share. A year earlier, AMD lost $1.44 billion, or $2.36 per share. Adjusted earnings dipped into negative territory, as AMD lost 8 cents per share -- but that was still better than the expected loss of 17 cents per share. Revenue checked in at $1.65 billion, handily topping expectations of $1.49 billion.
Continue reading AMD's Earnings Beat the Street, Stock Drops Anyway
AMD's Earnings Beat the Street, Stock Drops Anyway originally appeared on DailyFinance on Fri, 22 Jan 2010 08:50:00.
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Advanced Micro Devices (
AMD) surprised the Street by
topping expectations when it announced its fourth-quarter earnings Thursday afternoon. During the quarter, the semiconductor firm earned $1.18 billion, or $1.52 per share. A year earlier, AMD lost $1.44 billion, or $2.36 per share. Adjusted earnings dipped into negative territory, as AMD lost 8 cents per share -- but that was still better than the expected loss of 17 cents per share. Revenue checked in at $1.65 billion, handily topping expectations of $1.49 billion.
Continue reading AMD's Earnings Beat the Street, Stock Drops Anyway
AMD's Earnings Beat the Street, Stock Drops Anyway originally appeared on DailyFinance on Fri, 22 Jan 2010 08:50:00.
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