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  • HP May Unwind 3Com China Networking Biz, Says WSJ

    24 October 2014, 7:35 pm by: Tiernan Ray

    Hewlett-Packard (HPQ) is apparently not done right-sizing itself. The Wall Street Journal‘s Rick Carew and Dana Mattioli this evening report the company is looking to sell its networking business in China and is talking to private equity firms about…
  • GoPro Drops 9%: Oppenheimer Says Sell, Media Strategy Dicey

    24 October 2014, 3:47 pm by: Tiernan Ray

    Shares of adventure camera maker GoPro (GPRO) are down $7.24, or 9%, at $71.91, after Oppenheimer & Co.’s Andrew Uerkwitz this morning started coverage of the stock with an Underperform rating, and a $45 price target, writing that while “it should be…
  • Ericsson Slips: Q3 Sales Beat, But Margins are a Struggle

    24 October 2014, 3:31 pm by: Tiernan Ray

    Shares of telecom equipment vendor Ericsson (ERIC) are down 36 cents, or 3%, at $11.45, after the company this morning reported Q3 revenue and that topped analysts’ expectations, but missed on the bottom line. Revenue in the three months ended in September…
  • Freescale Rising: Chip Stocks Shrug Off Soft Outlook

    24 October 2014, 1:04 pm by: Tiernan Ray

    Shares of chip stocks are undaunted today by a weaker-than-expected forecast yesterday afternoon from Freescale Semiconductor (FSL). Given the worries a week ago or so about the chip market broadly speaking, following a warning from Microchip Technology…
  • Amazon ‘Fire’ Sale: Down 7% on Q3 Miss, Q4 View: Two Downgrades, Price Targets Slashed.

    24 October 2014, 12:23 pm by: Tiernan Ray

    Shares of Amazon.com (AMZN) are down $22.20, or 7.1%, at $290.98, after the company yesterday after the company yesterday afternoon reported Q3 revenue that missed analysts’ expectations, and a deeper-than-expected loss, and also missed consensus with its Q4…
  • Qlik Tech Jumps 6%: Q3 Rev, EPS Beat, Q4 View Misses

    23 October 2014, 4:45 pm by: Tiernan Ray

    Enterprise data visualization and analytics software vendor Qlik Technologies (QLIK) this afternoon reported Q3 revenue and earnings per share that topped analysts’ expectations, but forecast the quarter’s revenue below consensus. Revenue in the three…
  • Synaptics Drops 9%: FYQ1 Rev, EPS Miss; Q2 Rev View Misses

    23 October 2014, 4:42 pm by: Tiernan Ray

    Shares of touch-sensor technology maker Synaptics (SYNA) are down $6.78, or over 9%, at $66.49, after the company this afternoon missed analysts’ fiscal Q1 revenue and earnings projections, and forecast this quarter’s revenue lower as well, citing…
  • KLA-Tencor Surges 16%: Sets Leveraged Recap, $16.50/Sh Dividend

    23 October 2014, 4:31 pm by: Tiernan Ray

    Chip equipment supplier KLA-Tencor (KLAC) this afternoon reported fiscal Q1 revenue and earnings per share that topped analysts’ expectations, and announced a recapitalization involving stepped-up buybacks and a one-time cash dividend. KLA shares rose…
  • Freescale Semi Slips: Q3 EPS Beats, Q4 Rev View Misses

    23 October 2014, 4:18 pm by: Tiernan Ray

    Chips maker Freescale Semiconductor (FSL) this afternoon reported Q3 revenue in line with analysts’ expectations, and earnings per share better than expected, but forecast this quarter’s revenue below consensus. Revenue in the three months ended in…
  • Juniper Q4 View Misses; Ups Capital Returns by $1B (Correction)

    23 October 2014, 4:15 pm by: Tiernan Ray

    Networking equipment vendor Juniper Networks (JNPR) this afternoon reported fiscal Q1 revenue earnings per share in line with expectations, but forecast Q4 below expectations. Revenue in the three months ended in September fell 8% to $1.13 billion, yielding…
  • Pandora Drops 7% Despite Q3 Beat, Higher Q4 View

    23 October 2014, 4:09 pm by: Tiernan Ray

    Internet radio purveyors Pandora Media (P)  this afternoon reported Q3 revenue and earnings per share that topped analysts’ expectations, and a higher-than-expected Q4 view, but still saw its shares sink in late trading. Revenue in the three months ended…
  • Microsoft Rising: FYQ1 Beats; Surface Tablet Finally Profitable

    23 October 2014, 4:06 pm by: Tiernan Ray

    Microsoft (MSFT) this afternoon reported fiscal Q1 revenue and earnings per share that topped analysts’ expectations. Revenue in the three months ended in September rose to $23.2 billion, yielding EPS of 54 cents. Analysts had been modeling $22.01 billion…
  • Amazon Drops 10%: Q3 Rev, Net Loss Miss, Q4 View Misses

    23 October 2014, 4:05 pm by: Tiernan Ray

    Amazon.com (AMZN) this afternoon reported Q3 revenue that missed analysts’ expectations, and a worse-than-expected net loss per share, and forecast this quarter’s revenue below consensus as well. Revenue in the three months ended in September rose to…
  • Lattice Slips: Q3 Revenue Misses, EPS Beats

    23 October 2014, 4:03 pm by: Tiernan Ray

    Chip maker Lattice Semiconductor (LSCC) this afternoon reported fiscal Q3 revenue that missed analysts’ estimates, but earnings per share that beat. Revenue in the three months ended in September rose to $86.6 million, yielding EPS of 8 cents. Analysts had…
  • Tech Today: Facebook’s New High, Debating Yelp, Chips, Defending NXP, Apple’s iPhone 6 Ramp

    23 October 2014, 2:02 pm by: Tiernan Ray

    Here are some things going on today in your world of tech:  Facebook (FB) hit a new all-time high today of $80.59, now up $2.12, or 2.7%, at $80.49. News reports noted founder and CEO Mark Zuckerberg held a Q&A session in China to practice his Chinese…
  • Comcast Rising: EVP Burke Questions Intent of HBO, CBS ‘Over the Top’ Initiatives…

    23 October 2014, 11:53 am by: Tiernan Ray

    Shares of Comcast (CMCSA) are up $1.57, or 3%, at $53.06, after the company this morning reported Q3 revenue a hair short of analysts’s estimates, but beat on the bottom line, and threw cold water on plans by HBO and CBS to offer Internet-based video…
  • Alibaba Rising: Barclays Starts at Buy; Chance to Boost Mobile Monetization

    23 October 2014, 11:05 am by: Tiernan Ray

    Shares of Alibaba Group Holding (BABA) are up $2.08, or 2%, at $93.71, after Barclays’s Alicia Yap initiated coverage of the shares this morning with an Overweight rating and a $107 price target, writing that the company has a number of valuable elements,…
  • GT Soars 50%: Settles with Apple; Apple Evaluating GT’s Progress, Says Re/Code

    23 October 2014, 10:04 am by: Tiernan Ray

    Two weeks after filing for bankruptcy, former Apple (AAPL) supplier GT Advanced Technologies (GTATQ), the company this morning announced that it has reached an agreement with Apple to “wind down” the sapphire production it had been operating for Apple in…
  • Nokia Jumps 6% on Q3 Beat; Raises Network Equipment Profit View

    23 October 2014, 9:48 am by: Tiernan Ray

    Shares of Nokia (NOK) are up 41 cents, or almost 6%, at $8.35, continuing pre-market gains, after the company this morning beat Q3 expectations, and raised its profit outlook.  Revenue in the three months ended in September 41%, year over year, to €3.32…
  • Infinera Zooms 11%: CEO Fallon Looks to Be an Optical Survivor in a More Sober Age

    22 October 2014, 8:18 pm by: Tiernan Ray

    Shares of fiber optic networking company Infinera (INFN) were up $1.19, or 11%, at $11.80, in late trading, after the company this afternoon beat Q3 expectations and forecast year results higher as well. The company competes primarily with Ciena (CIEN),…

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