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Market Wrap For December 12: Dow Suffers Second Consecutive Day of Triple Point Loss
Thursday, December 12, 2013 - 5:41pm | 2348Read More...Major indices continued its decline from yesterday as the Dow suffered a triple digit point loss for the second consecutive day. Positive retail sales data added to an otherwise already convincing case that the economy is strong enough for the Federal Reserve to begin tapering. The Fed's policy...
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Salesforce.com President Hilarie Koplow-McAdams Leaving Company for New Relic
Tuesday, December 10, 2013 - 12:08pm | 376Read More...Salesforce.com (NYSE: CRM) is set to part ways with President of Global Sales Hilarie Koplow-McAdams. Koplow-McAdams will be leaving the company where she occupied the position of President of Global Sales. Koplow-McAdams was tasked with focusing on growing the company's business globally....
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Earnings Expectations For The Week Of December 9
Sunday, December 8, 2013 - 9:09pm | 850Read More...Quarterly reports from Adobe Systems (NASDAQ: ADBE), Costco Wholesale (NASDAQ: COST), H&R Block (NYSE: HRB), Lululemon Athletica (NASDAQ: LULU) and Toll Brothers (NYSE: TOL) will be among the highlights on the earnings front this week. Below is a quick look at what analysts expect from some...
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Microsoft, Best Buy And Other Stocks For Rising Interest Rates
Friday, December 6, 2013 - 5:00pm | 845Read More...Among the stocks that analysts at Jefferies expect to flourish in a rising interest rate environment are retailers Amazon.com (NASDAQ: AMZN) and Best Buy (NYSE: BBY), as well as tech companies Intel (NASDAQ: INTC) and Microsoft (NASDAQ: MSFT). The view on Wall Street is that it's not a matter of...
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Microsoft Advised to Spin Off Xbox by Co-founder, Paul Allen
Monday, November 4, 2013 - 9:35am | 590Read More...Activist investor, Carl Icahn, isn’t the only one giving unsolicited advice to a large corporation. Microsoft (NASDAQ: MSFT) co-founder, Paul Allen, said he thinks the company should consider spinning off its consumer businesses including search advertising and the Xbox games console division...
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Amazon Wins Over IBM in $600 Million CIA Cloud Contract Dispute
Wednesday, October 9, 2013 - 11:25am | 460Read More...When the CIA gave a $600 million cloud computing contract to Amazon (NASDAQ: AMZN) earlier this year, IBM (NYSE: IBM) appealed to the Government Accountability Office (GAO) – stating that Amazon Web Service’s (AWS) bid does not fall within the set criteria within the contract. While GAO stated...
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Did Apple Die With Steve Jobs? You Tell Us
Tuesday, October 8, 2013 - 11:35am | 693Read More...This past Saturday, October 5, was the two-year anniversary of the death of Steve Jobs, Apple's (NASDAQ: AAPL) cofounder. "Steve was an amazing human being and left the world a better place. I think of him often and find enormous strength in memories of his friendship, vision and...
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Oracle Q1 EPS Tops Estimates (ORCL)
Wednesday, September 18, 2013 - 4:45pm | 437Read More...Oracle (NASDAQ: ORCL) is trading up one percent in after hours trading after announcing a first-quarter EPS of $0.59. Earnings per share were $0.03 higher than Wall Street anticipated, and provided Oracle with an 11 percent increase from the year-ago period. Revenue arrived at $8.4 billion, which...
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Oracle Earnings Preview: Modest Revenue and EPS Growth Expected (ORCL)
Tuesday, September 17, 2013 - 3:56pm | 768Read More...Oracle (NASDAQ: ORCL), which holds its 2013 OpenWorld conference in San Francisco next week, is scheduled to report its fiscal first-quarter results Wednesday, September 18, after the markets close. Investors will be looking for some good news after two consecutive quarters of lackluster sales,...
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Earnings Expectations For The Week Of September 16: FedEx, Oracle and More
Sunday, September 15, 2013 - 12:17pm | 982Read More...Highlights on the earnings front this week will be the reports from FedEx (NYSE: FDX) and Oracle (NYSE: ORCL). Analysts are looking for marginal year-over-year growth of earnings and revenues from both of them. Others on deck to share quarterly results this week include General Mills (NYSE: GIS),...
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Earnings Expectations For The Week Of September 9
Sunday, September 8, 2013 - 7:16pm | 944Read More...This looks to be another quiet week on the earnings front, while attention is on questions such as whether the United States will take action in Syria and when the Federal Reserve will begin tapering its quantitative easing efforts. But Kroger (NYSE: KR) and Lululemon Athletica (NYSE: LULU) will...
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Salesforce Soars 7% After Earnings Beat (CRM)
Thursday, August 29, 2013 - 5:05pm | 482Read More...Salesforce (NYSE: CRM) is soaring after announcing impressive second quarter results and full-year estimates that are in-line with Wall Street. The popular cloud computing company reported a Q2 EPS of $0.09. This was 18 percent lower than the EPS reported during the year-ago period, but it was...
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Microsoft And Other Stocks That Surged Following the Nasdaq Freeze (ADSK, MSFT, TNGO)
Sunday, August 25, 2013 - 8:06pm | 899Read More...On Friday, the Nasdaq ended the day up 0.5 percent, just one day after the mysterious freeze that halted trading for about three hours. Without warning, all quotes and trades stopped mid-day Thursday, only to resume shortly before the end of the session. There has been little explanation of what...
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Red Hat And Other Software Stocks That May Beat Revenue Estimates (RHT)
Thursday, August 22, 2013 - 1:28pm | 861Read More...Analysts at Lazard believe software makers Citrix Systems (NASDAQ: CTXS), NetSuite (NYSE: N) and Red Hat (NYSE: RHT) are well positioned to benefit from strong government spending in the current quarter and possibly to the end of the year. That should help them exceed consensus revenue estimates...
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Tech Stocks Are Paying Record Dividends - But Are They Still Sexy? (DELL, IBM, MSFT, ORCL)
Thursday, July 11, 2013 - 10:16am | 773Read More...What happened to the good old days when stocks were priced in fractions, brokers had a telephone handset on each ear, and tech companies were growth stocks? All of that, including the latter, has changed—at least to some extent. Technology stocks are supposed to be a trader’s dream. If you’re...














