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  • Infoblox Surges 14%: FYQ1 Beats, Q2, Year Views Beat

    23 May 2013, 4:23 pm by: Tiernan Ray

    Shares of networking technology vendor Infoblox (BLOX) are up $3.50, or 16%, at $25.50, in late trading, after the company reported fiscal Q3 revenue and profit per share that topped analysts’ estimates, forecast this quarter’s results higher as well, and…
  • Pandora Jumps 8%: FYQ1 Revenue Beats, Q2, Year View Beat

    23 May 2013, 4:18 pm by: Tiernan Ray

    Shares of Internet radio purveyors Pandora Media (P) are up $1.55, over 9%, at $18.71, after the company this afternoon reported fiscal Q1 revenue that slightly exceeded analysts’ estimates, and a net loss in line with expectations, and forecast this…
  • CRM OFF 6%: FYQ1 Rev Beats, Q2 View Misses

    23 May 2013, 4:14 pm by: Tiernan Ray

    Shares of cloud computing software vendor Salesforce.com (CRM) are down $2.69, or almost 6%, at $43, after the company this afternoon reported fiscal Q1 revenue that topped analysts’ estimates, and profit per share in line with consensus, but forecast this…
  • HP Soars 17%: Bears Raise Targets on Recovery They Can’t Believe

    23 May 2013, 4:04 pm by: Tiernan Ray

    Shares of Hewlett-Packard (HPQ) today are $3.60, or 17%, at $24.83, building on last night’s gains, after the company reported fiscal Q2 revenue that missed consensus but beat on the bottom line, forecast this quarter’s profit higher, and raised its…
  • Seagate Rising: Deutsche Ups to Buy, Sees Multiple Expansion

    23 May 2013, 3:04 pm by: Tiernan Ray

    Shares of disk drive maker Seagate Technology (STX) are up $1.05, or 2.5%, at $43.23, after Deutsche Bank’s Sherri Scribner raised her rating on the stock to Buy from Hold today, and raised her price target to $46 from $40, writing that current valuation…
  • CRUS Plunges 18%: Stifel Cuts to Hold, Ponders AAPL Impact

    23 May 2013, 2:51 pm by: Tiernan Ray

    Shares of chip maker Cirrus Logic (CRUS) are down $3.87, or almost 18%, at $18.20, after the company this morning said during an appearance by CEO Jason Rhode at the Barclays Global Technology conference that it will deliver revenue this quarter as previously…
  • Intel: ‘Silvermont’ Is Nimble, Needs Multiple Cores, Says Microprocessor Report

    23 May 2013, 12:05 pm by: Tiernan Ray

    Venerable chip analysis house The Linley Group this week offers another interesting item on the state of play of Intel‘s (INTC) microprocessor business, with authors Kevin Krewell and Linley Gwennap given a broad overview of “Silvermont,” Intel’s new…
  • Samsung, SanDisk to Ride NAND’s Ascendency, Says Bernstein

    23 May 2013, 11:32 am by: Tiernan Ray

    Bernstein Research’s Mark Newman today publishes the fourth and fifth installments of what he is billing as a six-part series examining the trends and prospects in memory technologies. In part one of the series, on Monday, Newman posed the question of what…
  • AAPL, BBRY, NOK To Suffer Android Smartphone Surge, Says Nomura

    23 May 2013, 11:10 am by: Tiernan Ray

    Nomura Equity Research’s Stuart Jeffrey late yesterday reviewed recent data on the handset industry, revising upward his estimate for smartphone sales based on a “faster mix shift to smartphones,” in part driven by sales of lower-cost models based on…
  • This Morning: ECOM Soars, The $30 Cisco Story, Nibbles of AAPL

    23 May 2013, 10:29 am by: Tiernan Ray

    Here are some things going on this morning in your world of tech: Shares of Hewlett-Packard (HPQ) are up $2.48, or almost 12%, at $23.71, continuing gains of the after-hours session, following a better-than-expected fiscal Q2 profit report. CEO Meg Whitman…
  • HP’s Whitman Talks of Dell ‘Cratering’ Its Financials, And the DNA of Productivity

    22 May 2013, 7:52 pm by: Tiernan Ray

    Following this afternoon’s report by Hewlett-Packard (HPQ) of fiscal Q2 revenue that missed expectations and profit per share that beat, and a higher-than-expected forecast for this quarter, CEO Meg Whitman was kind enough to talk with me by phone this…
  • HP Soars 14%: A Look at Operating Margins in Pictures

    22 May 2013, 5:41 pm by: Tiernan Ray

    Shares of Hewlett-Packard (HPQ) are up $2.93, or almost 14%, at $24.16, in late trading, after the company reported fiscal Q2 revenue that missed analysts’ estimates, but beat on the bottom line by 7 cents, and projected this quarter’s profit above…
  • Synopsys Rising: FYQ2 Beats; Q3 View Light, Year View In Line

    22 May 2013, 4:42 pm by: Tiernan Ray

    Shares of electronic design software maker Synopsys (SNPS) are up $1.25, or 3.5%, at $36.65, after the company this afternoon reported fiscal Q2 revenue and profit per share that topped analysts’ estimates, forecast this quarter’s results below consensus,…
  • Workday FYQ1 Rev, Net Loss Beat, Q2 Rev View In Line, Shares Rise

    22 May 2013, 4:11 pm by: Tiernan Ray

    Hosted software vendor Workday (WDAY) this afternoon reported fiscal Q1 revenue above analysts’ expectations, and a net loss that was smaller than expected, and forecast this quarter’s revenue in line with consensus. Revenue in the three months ended in…
  • HP Jumps 12%: FYQ2 Revenue Misses, EPS Beats; Q3, Year EPS Views Beat

    22 May 2013, 4:07 pm by: Tiernan Ray

    Hewlett-Packard (HPQ) this afternoon reported fiscal Q2 revenue that missed analysts’ estimates, and profit per share above consensus, and offered a profit outlook slightly above what the Street has been looking for. Revenue in the three months ended in…
  • Clearwire: Shareholder Group Says Sprint $3.40 Bid Still Too Low

    22 May 2013, 3:26 pm by: Tiernan Ray

    Following yesterday’s announcement by Sprint-Nextel (S) that it raised its bid to acquire the other half of broadband wireless partner Clearwire (CLWR) to $3.40 from $2.97, several large holders today say it’s still not high enough. Mount Kellett Capital…
  • AMD: Jefferies, Raymond James Like PS4, Xbox Prospects, Even on Muted Uptake

    22 May 2013, 3:14 pm by: Tiernan Ray

    Shares of Advanced Micro Devices (AMD) are down 3 cents, or 0.8%, at $3.99, giving up earlier gains following yesterday’s confirmation that its chips will be used in Microsoft’s (MSFT) next Xbox game machine, the “Xbox One,” due out later this year.…
  • Solar City: Raymond James Likes ‘the Story,’ But Slams Valuation

    22 May 2013, 3:02 pm by: Tiernan Ray

    CNBC‘s Herb Greenberg a short while ago led a discussion with Raymond James analyst Pavel Molchanov, who has a Hold rating on shares of solar energy technology provider Solar City (SCTY), and who today issued some negative remarks about the stock to clients.…
  • Microsoft: Barclays Ups Target to $35; Support, But Rally’s Over

    22 May 2013, 1:54 pm by: Tiernan Ray

    Following Microsoft‘s (MSFT) unveiling yesterday of its long-awaited update to the Xbox game console, the “Xbox One,” and a 30% run-up in the stock this year, Barclays Capital’s Raimo Lenschow today reiterates an Equal Weight rating on the stock,…
  • HPQ FYQ2 Rev Likely Missed, Says Bernstein; Kudos for Apple’s Cook

    22 May 2013, 1:06 pm by: Tiernan Ray

    Bernstein Research‘s Toni Sacconaghi was on CNBC‘s “Fast Money: Half Time Report” a short while ago, debating what to expect from Hewlett-Packard (HPQ) tonight, on its fiscal Q2 report, and beyond. Sacconaghi, who has an Overweight rating on HP shares,…

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