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Outlook for tech spending worsens
ALU
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-33.45%
in
637 days
Here is todays press clipping.... Outlook for tech spending worsens Research firm Forrester expects spending on information technology to grow just 2.8% this year, down from earlier forecast of 4.6%. February 11 2008: 4:29 AM EST BOSTON (AP) http://money.cnn.com/2008/02/11/technology/spending_outlook.a... ------------------------------------------------------------------------------------------------------------------------------ <> This is what I have been pounding on for weeks now!!!! INTC, AMD, DELL, AAPL, MSFT, IBM, HPQ are all smokin...
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Bullish on ALU ...
ALU
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+11.06%
in
36 days
(closed on 05/01/07)
Please find our reading of the technicals of this chart and others at our public listing at stockcharts.com. You may use the following link to access the same: Regards, Purely Technical aka TheMarketMessenger
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From the Blogosphere
Notable Analyst Rating Changes 11/10: ADBE, ANN, FRPT, RAX Upgraded; ALU, CPST, PIKE, TRW Downgraded
UPGRADES:Janney Montgomery Scott upgrades Adobe Systems (NASDAQ: ADBE) from Neutral to Buy. Fair value increased from $33 to $43. Click Here for more color.Stephens & Co upgrades Ann Taylor (NYSE: ANN) from Equalweight to Overweight. Price target increased from $12 to $17. FBR Capital upgrades Force Protection, Inc. (NASDAQ: FRPT) from Underperform to Market Perform with a $6 price target. Kaufman Bros. upgrades Rackspace Hosting (NYSE: RAX) to Buy. Price target increased from $16 to $22.50. For daily real-time Upgrades go to http://www.streetinsider.com/UpgradesDOWNGRADES:Exane BNP Parib...
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Alcatel-Lucent Results Slip – Analyst Blog
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In the third quarter of 2009, Alcatel Lucent (ALU) reported net loss (group share) was € (182) million or (13 cents per ADS), including the negative after tax impact from Purchase Price Allocation (PPA) entries of € (39) million. This was below Zacks Consensus Estimate of loss of 4 cents per ADS.
Third quarter revenue decreased 9.3% year-over-year and 5.6% sequentially to € 3.687 billion ($5.3 billion). At constant currency exchange rates, revenue decreased 11.0% year-over-year and 3.5% sequentially. The carrier segment saw a double-digit decline in revenue, driven by 2G wireless access,< />< />< />< />< />< />< />< />< />< /><><>< />< />< /><>< /><>< /><>< /><><>< /><>< /><>< />< />...
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Analyst upgrades, downgrades and initiations: CMCSA, CS, JWN, RCL, RIMM, YUM ...
Company News for October 30, 2009 – Corporate Summary
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• Sony (NYSE:SNE) said weak cell phone sales and lower PlayStation III console prices resulted in another quarterly loss. The firm also said full-year prospects improved from the company's aggressive cost-cutting measures • Alcatel-Lucent (NYSE:ALU) reported its twelfth straight quarterly loss of $269 million. The firm said it expects operating results to break even by yearend <>• Duke Energy (NYSE:DUK) reported third quarter earnings one cent above Zacks estimates at 40 cents, as revenues of $3.4 billion were below Zacks estimates of $4.25 billion. The company noted, "Industry sales vo<><><><><><>< /><><>< /><>< /><>< />< />...
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Alcatel Q3 Revs Drop 9.3%; Stock Tumbles
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Alcatel-Lucent (ALU) shares are down sharply this morning after the telecom equipment company reported another rough quarter. For the quarter, Alcatel posted revenue of 3.687 billion Euros, or about $5.47 billion, a bit below the Street at $5.62 billion, down 9.3% from a year ago, and off 5.6% sequentially. The company lost 182 million Euros in the quarter. Marketwatch notes that the company posted an 11 million Euro adjusted operating loss, falling short of the Street estimate of an 8 million Euro profit. <>The company also reported its previous forecast for break-even adjusted operating incom...
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