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From the Blogosphere
This Afternoon: An Earnings Deluge
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So, this is the last non-Friday trading session this month, which apparently is reason enough for an earnings report deluge. The following group of companies is due to report after the close:
- Dell (DELL)
- Blue Coat (BCSI)
- Novell (NOVL)
- Magma Design (LAVA)
- Borland (BORL)
- Mentor Graphics (MENT)
- SourceForge (LNUX)
- Novatel (NVTL)
- CBeyond (CBEY)
- Autodesk (ADSK)
- Omnivision (OVTI)
- PCTel (PCTI)
- Leap Wireless (LEAP)
- Dot Hill (HILL)
- Anadigics (ANAD)
<>Biggest movers in that group today so far: Anadigics, which is down 33 cents, or 15.7%, to $1.77, and Leap Wireless, which is up $1.42, or 5.9%, to $25.71...
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Earnings highlights: Deere, HP, CBS, Playboy, Intuit, Whole Foods and more
Earnings highlights: Walmart, Comcast, CVS, Sprint, Hormel, Priceline and more
Filed under: Earnings reports, Wal-Mart (WMT), Sprint Nextel Corp (S), Comcast Cl'A' (CMCSA), CVS Corp (CVS), Expedia Inc (EXPE), Hormel Foods (HRL), Teva Pharm Indus ADR (TEVA), Goodyear Tire and Rubber (GT) Here are some highlights from this past week's earnings coverage from BloggingStocks: <> Apollo Group Inc. (NASDAQ: APOL) reported that Q4 revenue soared despite the recession. Baidu Inc. (NASDAQ: BIDU) posted strong annual revenue, but at a slowing growth rate. Career Education Corp. (NASDAQ: CECO) easily topped Q4 earnings expectations, lifting shares up. <>Comcast Corp. (N...
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Software A Relative Outperformer, Says BCA Research
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<>Our friends at BCA Research were kind enough, yesterday, to slip the following software musings over the transom at TTD, and I nearly fell off my chair: Buy software stocks! As the folks at BCA see it, “The corporate sector, now more than ever, is trying to squeeze every bit of productivity out of resources.†Well, sure. So? “Productivity-enhancing software firms are the prime beneficiaries. During an economic downturn, overall IT budgets drop (expensive hardware refresh cycles get postponed), however, software-related outlays remain resilient.†Well, I guess that makes sense. Bet<><><>< /><>< /><>< /><>< /><>< />< />...
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Novell Cancels ‘09 BrainShare Conference
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Novell (NOVL) announced that it has canceled its upcoming BrainShare conference, which was supposed to take place in March 2009 in Salt Lake City. The company has held the annual event for more than 20 years. Novell announced the decision in a letter to customers on the event’s Web page from chief marketing officer John Dragoon. <>Dragoon said in the letter that “many of you have indicated that because of the current economic climate, you are under increasing pressure to reduce travel and other controllable expenses and are hesitant to commit to attending our BrainShare 2009 conference<><><><>< /><><>< /><>< /><>< /><>< /><>< />< />...
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