-
US Stock Futures Rise Ahead Of Industrial Production, Housing Data
Monday, March 16, 2015 - 7:26am | 426Pre-open movers US stock futures traded higher in early pre-market trade. The Empire State manufacturing index for March will be released at 8:30 a.m. ET, while industrial production data for February will be released at 9:15 a.m. ET. The NAHB housing market index for March will be released at 10:...
-
Hewlett-Packard PC Sales Up First Time In Seven Quarters
Friday, February 21, 2014 - 12:05pm | 573On a conference call Thursday, Hewlett-Packard (NYSE: HPQ) chief executive officer, Meg Whitman had some good and unexpected news about revenue growth. Not just revenue growth per se but growth in the unlikeliest of areas, PC sales. The Personal Systems Group (PSG) posted revenue of $8.5...
-
Microsoft Shares Decline on Deferred Revenue
Friday, June 1, 2012 - 11:35am | 365Microsoft is taking a little heat this morning after announcing that it will defer a portion of revenue from sales of Windows 7 to OEMs. In short, the company announced a Windows Upgrade Offer, which provides consumers who buy a "qualifying" Windows 7 PC with the option to purchase a downloadable...
-
Cross Research Maintains Buy Rating On McAfee, Inc. (MFE)
Monday, April 26, 2010 - 2:07pm | 115Analysts at Cross Research have released an update on McAfee, Inc. (NYSE: MFE). The company will report its first-quarter results on April 28. Analysts expect McAfee to report first-quarter revenue of $514.9 million and EPS of $0.65. The company has been hitting on all cylinders recently, with...
-
How To Protect Yourself From A Price Target Below Market Price (NYSE: CVC)
Friday, February 26, 2010 - 11:21am | 271Analyst Summary Cablevision Systems Corporation (NYSE: CVC) is being maintained with a Hold rating and $22 price target by Bryan Kraft of Cross Research. This is a discount to the CVC's current price of $23.68 per share. "We increased our 2010 Telecom revenue estimate by 0.7% and our Consolidated...
-
DISH Network Corp.’s (DISH) Price Target Raised
Tuesday, February 23, 2010 - 8:48pm | 109Analysts at Cross Research have raised the price target for DISH Network Corp. (NASDAQ: DISH) from $20 to $22. The price target has been raised due to the increase in outlook for subscriber growth, and ARPU. Analysts have increased the 2010 ARPU estimate by 1% to reflect price increases that took...
-
VMED Announces Price Hike
Tuesday, February 2, 2010 - 2:27pm | 145Analysts at Cross Research maintain their "buy" rating on Virgin Media Inc (NASDAQ: VMED), while raising their estimates for the company. The target price for VMED has been raised to $23. Virgin Media has announced that it is increasing line rental charges for all fixed line telephony customers by...
-
Wait For Pullback In Microsoft (MSFT): Cross Research
Friday, January 29, 2010 - 3:39pm | 101Microsoft (NASDAQ: MSFT) reported F2Q results much ahead of expectations at $19 billion, backed by the selling of 60 million copies of Windows 7. The Windows Live segment grew over 21% on a seasonally adjusted basis compared to -11% last quarter while all other segments were either flat or down....
-
Ariba (ARBA) Posts Improving Results, Offers Attractive Growth Potential
Friday, January 29, 2010 - 3:36pm | 101Ariba Inc. (NASDAQ: ARBA) reported F1Q sales at $85.7 million, $0.5 million ahead of estimates while EPS was a penny above expectations. Despite a difficult selling environment, Ariba was able to improve its subscription revenue by 3.3% while operating margins jumped to 19.7% backed by cost...