Stock Market & Financial Investment News

News Breaks June 15, 2011 05:48 EDT QCOM, CNTF theflyonthewall.com: TechFaith to power social media in China in JV with Qualcomm TechFaith Wireless Technology (CNTF) announced it will launch a new mobile social media solution in China called "17Talk", along with "17Store", through its subsidiary TechFaith Software China Ltd, a joint venture, or JV, company with QUALCOMM (QCOM). :theflyonthewall.com News For CNTF;QCOM From The Last 14 Days Check below for free stories on CNTF;QCOM the last two weeks. There are 16 items on the Fly with pertinent information. Sign up for a free trial to see the rest of the stories you've been missing. May 22, 2012 07:32 EDT QCOM theflyonthewall.com: Qualcomm Labs team with EvoNexus to expand in San Diego Subscribe for More Information :theflyonthewall.com 06:59 EDT CNTF theflyonthewall.com: China Techfaith sees Q2 revenue $32M-$36M, one estimate $35.57M Subscribe for More Information :theflyonthewall.com 06:58 EDT CNTF theflyonthewall.com: China Techfaith CFO: had an extremely challenging quarter for our business Ouyang Yuping, TechFaith's CFO commented: "We had an extremely challenging quarter for our business as lower demand in our Original Developed Product, or ODP, segment, combined with our fixed operating costs structure, resulted in a net loss for the quarter. Our operating structure is able to support revenues considerably higher than $100M per quarter, which results in absorption issues with the current lower revenue levels. We are working to better align our resources to the current business environment, including potential cost reduction measures." :theflyonthewall.com 06:57 EDT CNTF theflyonthewall.com: China Techfaith reports Q1 EPS (1c) vs. 26c in Q1 of 2011 Reports Q1 revenue $42.7M vs. $78.7M in Q1 of 2011. This is in line with the company's prior guidance which stated that revenue in Q1 would be in the range of $41M-$45M. :theflyonthewall.com 06:45 EDT QCOM theflyonthewall.com: Qualcomm weakness a buying opportunity, says Bernstein Subscribe for More Information :theflyonthewall.com May 21, 2012 13:14 EDT QCOM theflyonthewall.com: Qualcomm recruits former AMD CTO, Engadget says Subscribe for More Information :theflyonthewall.com 06:21 EDT QCOM theflyonthewall.com: Piper Jaffray continues to expect iPhone 5 launch in October Piper Jaffray continues to expect Apple to launch its iPhone 5 in October despite the 28nm chip shortage at Qualcomm (QCOM). Piper sees the worst case scenario as Apple being unable to meet demand in the short-term following the launch, meaning sales would shift from the December quarter into the March quarter. The firm reiterates an Overweight rating on Apple shares with a $910 price target. :theflyonthewall.com 06:16 EDT QCOM theflyonthewall.com: Qualcomm should resolve 28nm supply issue this year, says Piper Jaffray Subscribe for More Information :theflyonthewall.com May 17, 2012 12:24 EDT QCOM theflyonthewall.com: Qualcomm excited about investment in 'Windows on ARM' Subscribe for More Information :theflyonthewall.com 12:17 EDT QCOM theflyonthewall.com: Qualcomm CFO says Dec. quarter will be significant "ramp" to fill 28nm gap Subscribe for More Information :theflyonthewall.com 12:02 EDT QCOM theflyonthewall.com: Qualcomm CFO says full catch-up will continue into 2013 Subscribe for More Information :theflyonthewall.com 11:59 EDT QCOM theflyonthewall.com: Qualcomm’s 28 nanometer capacity shortage due to customer demand Subscribe for More Information :theflyonthewall.com 10:16 EDT QCOM theflyonthewall.com: LG says Qualcomm chip shortage may impact smartphone plans, Bloomberg says Subscribe for More Information :theflyonthewall.com May 16, 2012 08:26 EDT QCOM theflyonthewall.com: Bharti Airtel seeks to buy Qualcomm's Indian partners, Economic Times reports Subscribe for More Information :theflyonthewall.com May 15, 2012 06:21 EDT QCOM theflyonthewall.com: Qualcomm Snapdragon shortage forcing vendors to other options, DigiTimes says Subscribe for More Information :theflyonthewall.com May 14, 2012 16:41 EDT QCOM theflyonthewall.com: Appaloosa reports new stakes in Citigroup, Google, Qualcomm, Broadcom Subscribe for More Information :theflyonthewall.com