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Stock Market & Financial Investment News

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April 2, 2013
05:55 EDTBRCD, BRCD, BRCD, INTC, INTC, INTC, IT, IT, IT, DELL, DELL, DELL, A, A, A, CIEN, CIEN, CIEN, HPQ, HPQ, HPQ, IBM, IBM, IBM, CSCO, CSCO, CSCO, BRCM, BRCM, BRCMConference ConCepts to host a summit
Ethernet Technology Summit is being held in Santa Clara, CA on April 2-4.
News For BRCD;CSCO;IBM;HPQ;CIEN;A;DELL;IT;INTC;BRCM From The Last 14 Days
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July 27, 2015
10:35 EDTINTCIntel, Micron gain after announcing joint press event
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09:36 EDTINTCActive equity options trading on open
Active equity options trading on open: AAPL NFLX INTC MU VZ BIDU AMBA
06:36 EDTINTCIntel to adopt Skylake CPUs in NUC and Computer Stick, DigiTimes reports
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July 26, 2015
15:07 EDTCSCOCisco CEO to add 'key external hires' to management team, Barron's says
Cisco CEO Chuck Robbins told Barron's in an interview that "I think itís fair to say I bring the ability to move faster [than predecessor John Chambers] just in how I structure the teams and how I will interact with them," adding that he plans "some key external hires," potentially in cloud computing and security. The publication notes that shares of Cisco could jump "sharply higher" if investors start looking at Cisco's potential strength in the Internet-of-Things space. Reference Link
14:44 EDTCSCO, HPQ, IBMAmazon cloud sales signal risk for traditional data storage, Barron's says
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July 24, 2015
16:30 EDTIBMStocks end week lower as Apple headlines busy week of earnings
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14:01 EDTHPQHP granted approval for shareholder settlement on Autonomy, Bloomberg reports
06:17 EDTCSCOCisco new CEO says to exit Q4 with headcount up
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06:13 EDTINTCAnalysts say Intel best suitor for Qualcomm's chip unit, Reuters says
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05:45 EDTHPQStocks with implied volatility movement; EXXI HPQ
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July 23, 2015
12:04 EDTINTCRackspace, Intel announce OpenStack collaboration
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12:01 EDTIBMIBM acquires Compose, terms not disclosed
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11:54 EDTHPQOptions with increasing call volume
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07:58 EDTHPQBrean Capital maintains Buy on EMC due to activist, merger potential
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06:22 EDTINTCIntel to release notebook Skylake processor in October, DigiTimes reports
Intel is expected to release its upcoming notebook Skylake processor in October, reports DigiTimes. The company is planning to launch a total of 18 notebook Skylake processors in Q4 as it looks to help boost notebook demand. The company is adjusting their schedules for Skylake products to minimize the impact of inventory issues. Reference Link
06:15 EDTCSCOTechnicolor to acquire Cisco's connected devices unit for EUR550M
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July 22, 2015
14:51 EDTBRCM, INTCEarnings Watch: Qualcomm reports after speculations of potential breakup
Qualcomm (QCOM) is expected to report third quarter earnings after the close on July 22, with a conference call scheduled for 4:45 pm ET. Qualcomm is a maker of semiconductors and telecommunications equipment. EXPECTATIONS: Analysts are looking for earnings per share of 95c on revenue of $5.85B. EPS consensus ranges 90c-$1.05 on a revenue range of $5.59B-$6.08B, according to First Call. LAST QUARTER: On April 22, Qualcomm reported Q2 EPS of $1.40 against expectations for $1.33, and revenue of $6.89B versus estimates of $6.83B. The company also cut its FY15 EPS guidance to $4.60-$5.00 from $4.85-$5.05 and lowered projected revenue to $25B-$27B from $26.3B-$28B, saying it expects pressure in its semiconductor business due to customer shifts in the premium segment and a decline in Qualcomm's share at an unnamed large customer. NEWS: On May 8, Reuters reported that EU antitrust regulators asked Qualcomm's competitors how the company's licensing and business practices affect them, and on July 16, the European Commission confirmed two formal antitrust investigations of the company. On May 25, Qualcomm and Daimler (DDAIF) announced a strategic collaboration to develop connected car technology. Coming on the heels of Avago's (AVGO) May 28 agreement to acquire Broadcom (BRCM), Bloomberg quoted a source later that day as saying Qualcomm, Intel (INTC), Altera (ALTR), Analog Devices (ADI), Maxim Integrated (MXIM), Texas Instruments (TXN), and Microchip Technology (MCHP) are all considering their own M&A opportunities. Note that on June 1, Intel announced an agreement to acquire Altera. On June 23, Semiconductor Manufacturing International (SMI), Qualcomm, Huawei, and Imec announced the formation of a joint venture to focus on a type of 14 nanometer technology. More recently, the Wall Street Journal reported on July 20 that Qualcomm is "expected" to begin a comprehensive strategic review which may include the possibility of a breakup following pressure from "activist" shareholder Jana Partners, according to sources, adding that the move could be announced concurrent with Wednesday's earnings release. STREET RESEARCH: Following last quarter's earnings report, Exane BNP Paribas downgraded Qualcomm to Neutral from Outperform, while both Canaccord and Brean Capital lowered price targets for the stock after "disappointing" guidance. Meanwhile, Citi said it expects the company's chip business to recover in 2016 despite this "very bad year." On May 28, CLSA said it sees continued pressure on Qualcomm chipsets, potentially spurring the company to consider making an acquisition, and on June 2, Craig-Hallum noted that Skyworks (SWKS) would be a great fit for Qualcomm. On June 24, Summit Research called Applied Micro Circuits (AMCC) an "affordable" target for Qualcomm, with AMD (AMD) and Cavium (CAVM) also looking like potential takeover candidates. On June 29, Drexel Hamilton downgraded Qualcomm to Sell from Hold, citing expected price cuts. Lastly, following media reports on July 20 that Qualcomm could be weighing a breakup, Bernstein said that such a "dis-synergistic" split would likely destroy value rather than create it. PRICE ACTION: Shares of Qualcomm are down more than 1% to $64.37 in afternoon trading ahead of Wednesday's earnings report.
10:01 EDTCIENOn The Fly: Analyst Initiation Summary
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06:15 EDTINTCGoogle's updated Glass to be foldable, more weather-resistant, 9to5Google says
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05:19 EDTCIENCiena initiated with a Buy at B. Riley
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