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  • S&P: Pessimism Around 3D Systems Overdone

    1 August 2014, 4:09 pm by: Teresa Rivas

    There has been no shortage of bad news for 3D Systems (DDD). Three separate analysts downgraded the stock today, on the heels of another downgrade Thursday, prompted by a disappointing second quarter. However S&P Capital IQ is ending the week on a more…
  • Apple Up On E-Book Ruling

    1 August 2014, 3:41 pm by: Teresa Rivas

    Apple (AAPL) was rising 0.9% at recent check following news that it won preliminary approval of its $450 million e-book settlement. As Bloomberg reports,  a judge gave approval to the settlement, which stems from a lawsuit that accuses Apple and others of…
  • Sprint, T-Mobile: Questions Surround A Merger, Possible Joint FCC Airwaves Bid

    1 August 2014, 3:00 pm by: Teresa Rivas

    It’s been a busy week for Sprint (S) and T-Mobile (TMUS), capped by Iliad’s surprise bid for the latter, which was made public Thursday. Today, Bloomberg Businessweek is reporting that the Federal Communications Commission is planning to ban wireless…
  • SunPower’s Gloomy Outlook Splits Analysts

    1 August 2014, 2:13 pm by: Teresa Rivas

    Shares of SunPower (SPWR) are trading down nearly 6% in Friday afternoon trading following the company’s light guidance, which overshadowed its better-than-expected second quarter and is weighing on other names in the sector. Analysts were mixed on the…
  • GoPro’s Valuation Still A No-Go: Analysts

    1 August 2014, 1:26 pm by: Teresa Rivas

    GoPro (GPRO) beat second-quarter expectations but the market sent the stock down sharply. Analysts split the difference and on the whole remained largely neutral on the stock. While they highlighted positives from the quarter, none seemed ready to deem GoPro a…
  • Analysts Like LinkedIn’s Q2, See More Strength Ahead

    1 August 2014, 12:12 pm by: Teresa Rivas

    LinkedIn (LNKD) is still rising on better-than-expected earnings and guidance, and analysts are largely upbeat about the quarter. BMO’s Daniel Salmon maintained an Outperform rating and $250 price target: “Charter clients for the new Sales Navigator…
  • Expedia Price Targets Traveling Higher After Strong Q2

    1 August 2014, 11:19 am by: Teresa Rivas

      There’s no shortage of color on Expedia’s (EXPE) better-than-expected second-quarter results. Raymond James’ Aaron Kessler upgraded the stock to Outperform from Market Perform, establishing a $100 price target. His four main reasons for the move:…
  • Make That Three Downgrades For 3D

    1 August 2014, 10:32 am by: Teresa Rivas

    3D Systems (DDD) garnered downgrades from both Citigroup and RBC Capital Markets today, and add Piper Jaffray to the list of cautious analysts. Troy Jensen and Matthew Lebo cut their rating from Overweight to Neutral and their target price from $63 to $50.…
  • Tech Today: LinkedIn, Expedia Jump, GoPro , SunPower Sink

    1 August 2014, 10:08 am by: Teresa Rivas

    Here are some things going on today in your world of tech: LinkedIn (LNKD) is up more than 10%, continuing its after-hours jump on better-than-expected earnings and guidance. Also moving up is Expedia (EXPE), up 6.3% at recent check, following its upbeat…
  • Two Downgrades For 3D

    1 August 2014, 9:43 am by: Teresa Rivas

    A number of analysts are still digesting 3D Systems’ (DDD) disappointing second-quarter report, and two cut the stock to Hold, following on the heels of FBR’s downgrade yesterday. Citigroup’s Kenneth Wong cut his rating from Buy to Hold, writing that the…
  • ON Semi Reports Q2 Beat, Offers Mixed Guidance

    31 July 2014, 4:37 pm by: Teresa Rivas

    ON Semiconductor (ONNN) was sliding after reporting its second quarter. The company said it earned 20 cents a share on revenue of $757.6 million. Analysts were looking for earnings of 19 cents on $753.5 million. For the third quarter it expects to earn between…
  • LinkedIn Jumps On Q2 Beat, Strong Guidance

    31 July 2014, 4:30 pm by: Teresa Rivas

    LinkedIn (LNKD) was climbing after reporting a better-than-expected second quarter. The company said it earned 51 cents a share on revenue of $534 million. Analysts had predicted earnings of 39 cents a share on revenue of $510.5 million. For the third quarter…
  • SunPower Reports Q2 Beat, Falls On Light Guidance

    31 July 2014, 4:21 pm by: Teresa Rivas

    SunPower (SPWR) was tumbling despite a second quarter beat, as guidance didn’t satisfy investors. The company said it earned 28 cents a share, better than the 25 cents analysts were expecting. Revenues fell 4.4% year over year to $621.1 million, but still…
  • GoPro Tumbles Despite Q2 Beat

    31 July 2014, 4:10 pm by: Teresa Rivas

    GoPro (GPRO) shares were down almost 10% after reporting The company earned 8 cents a share, a penny ahead of consensus, while revenue of $244.6 million was also above the $238 million analysts were expecting. This is the first quarterly report for the…
  • Expedia Moves Up After Q2 EPS, Revenue Beat

    31 July 2014, 4:06 pm by: Teresa Rivas

    Expedia (EXPE) was on the rise after an upbeat second quarter. The online travel firm reported earnings of $1.03 a share, well above the 75 cents analysts were expecting. Revenue of $1.49 billion edged past the $1.44 billion consensus. The company reported…
  • T-Mobile Up After Resuming Trading Following Iliad Offer; Sprint Falls

    31 July 2014, 3:12 pm by: Teresa Rivas

    T-Mobile (TMUS) is up nearly 7% after resuming trading about a half hour ago. Just after 2:30 the company was halted after it confirmed that it received a proposal from France’s Iliad. Iliad bid $15 billion in cash for 56.6% of T-Mobile US, which works out…
  • FBR Cuts 3D Systems To Hold; Others See Hope

    31 July 2014, 2:56 pm by: Teresa Rivas

    Analysts reactions to 3D Systems’ (DDD) disappointing quarter are beginning to trickle in. FBR Capital Markets’ Ajay Kejriwal downgraded the stock on the news, cutting his rating from Outperform to Market Perform and dramatically reducing his target price…
  • Glu Losses Won’t Stick: Analysts

    31 July 2014, 1:40 pm by: Teresa Rivas

    Shares of Glu Mobile (GLUU) were falling more than 15% Thursday following the company’s second-quarter earnings report. However, analysts are largely upbeat about the company’s prospects, and don’t think the selloff will last. Here’s a sampling:…
  • Plenty Of Analyst Shout Outs For Yelp Following Q2, Price Targets Climb

    31 July 2014, 12:37 pm by: Teresa Rivas

    Yelp (YELP) was down more than 10% in Thursday trading, reversing last night’s gains on its surprise second quarter profit. Analysts have had some time to digest the report and many were ratcheting up their price targets on the stock. Read a sampling below:…
  • Tech Today: 3D Systems Falls, Sony Rises, Apple Cuts Beats Jobs, BBM For Windows Phones

    31 July 2014, 11:48 am by: Teresa Rivas

    Here are some things going on today in your world of tech: In earnings news, 3D Systems (DDD) is down on its disappointing second quarter and light earnings forecast. Alcatel-Lucent (ALU) was also losing ground on its second quarter. Sony (SNE) was jumping 5%…

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