17:36 CRM Salesforce.com on Conference Call- Asked if Q3 guidance takes into account a softening environment; says they have not seen any softening in their business; demand remains strong (114.06 -12.25) -Update
16:08 CRM Salesforce.com beats by $0….
TXN lowering guidance. PE is only 12.3 X and dividend yield is 1.6%. Semiconductors/Semiequip are cyclical industries, and often the cyclical top in a stock after peak earnings are achieved for the cycle, and vice versa for the cyclical low. The stock…
Hewlett-Packard beats by $0.07, misses on revs; guides Q2 EPS, revs below consensus; raises FY11 EPS in-line, lowers revs below consensus (48.23 -0.44) : Reports Q1 (Jan) earnings of $1.36 per share, excluding …
17:12 CSCO Cisco Systems on Conference Call for Q2 expect revs in 3-5% y/y; op margins in the range of 23-25%; EPS $0.32-0.35; Thomson Reuters consensus $0.42 -Update-
17:11 CSCO Cisco Systems follow up: CSCO is now trading at 21.82, -11%, a…
The official Obama’s budget is projecting a 1.9% GDP growth this year, in 2009. With the economy sinking at 6% rate this quarter one would say – impossible. I will say – let’s look at it. 1.9% GDP compound for 1 year is about $260 billions. So the economy has to manufacture $260 bln of extra […]
