Resources

25 Resources for

eric savitz and finance

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eBay Meets Q3, But Q4 Outlook Is Not Good
Eric Savitz (Barron's) submits: There is sobering news Wednesday afternoon from online auction giant eBay EBAY. For Q3, the company posted revenue of $2.12 billion, consistent with previous guidance of $2.1 billion to $2.15 billion. Non-GAAP profits of 46 cents a share were above its forecast of 39-41...
Tags: eBay Inc., Seeking Alpha, GAAP, Microsoft Outlook, Taxes, Operational Accounting, E-business/E-Commerce, Financial Accounting, Finance, Microsoft Office, Office Suites, Software, Financial Planning, Internet, Eric Savitz
External links 2008-10-15
Is It Time for Apple to Buy Back Some Shares?
Eric Savitz (Barron's) submits: Should Apple AAPL use some of its growing cash pile to buy back a large number of shares? Bernstein Research analyst Toni Sacconaghi thinks so. He wrote Wednesday morning that the combination of a depressed P/E multiple, low interest rates and a $24.5 billion...
Tags: Apple Inc., Seeking Alpha, Financial Planning, Financial Services, Finance, Eric Savitz, Hardware
External links 2008-10-29
Nokia: Too Cheap to Ignore
Eric Savitz (Barron's) submits: Nokia NOK shares have become “too cheap to ignore,” according to Mark McKechnie of American Technology Research, who Wednesday raised his rating on the stock to Buy from Neutral, setting a $22 price target. McKechnie says the street has factored in the macro impact...
Tags: Nokia Corp., Stock, Apple Inc., Seeking Alpha, McKechnie, Investment, Finance, Eric Savitz, Gadgets
External links 2008-10-29
Sun: No Guidance, No Restructuring, No Turnaround
Eric Savitz (Barron's) submits: The sell-off in Sun Microsystems JAVA shares today is as much about what they didn’t say as what they did. What they did say was that Q3 results were once again pretty terrible. Revenue was down 7.1%, and analysts say on a constant currency...
Tags: Financial, Sun Microsystems Inc., Seeking Alpha, Strategic Planning, Financial Accounting, Strategy, Management, Finance, Eric Savitz, Software
External links 2008-10-31
More Downside Ahead for Solar - Barclay's
Eric Savitz (Barron's) submits: While solar stocks have plunged 60% over the last three months, there could be more downside ahead, Barclay’s solar analyst Vishal Shah warned this morning. In a series of research notes, Shah cautions that the solar sector financial reports for the remainder of the...
Tags: Downside, Seeking Alpha, Financial Accounting, Investment, Finance, Eric Savitz, Energy
External links 2008-11-03
SunPower Cuts Guidance Triggering Solar Selloff
Eric Savitz (Barron's) submits: Wednesday was not the morning investors in solar stocks were expecting to have after a historic victory for Barack Obama. Solar stocks, which have been rallying strongly for two days in anticipation of an Obama win, Wednesday morning have sharply reversed course, due in...
Tags: Stock, Seeking Alpha, Investment, Finance, Eric Savitz, Energy
External links 2008-11-05
Cisco Beats EPS Estimates
Eric Savitz (Barron's) submits: Cisco CSCO posted revenue for its fiscal first quarter ended October 25 of $10.3 billion, with non-GAAP profits of 42 cent a share. The Street had expected $10.3 billion and 39 cents. The latest quarter EPS includes a gain of 3 cents a share...
Tags: Cisco Systems Inc., Seeking Alpha, Taxes, GAAP, Free Trade, Financial Planning, Finance, Financial Accounting, Eric Savitz, Networking
External links 2008-11-05
Xcel's Subsidy Cut: More Bad News for Solar
Eric Savitz (Barron's) submits: The battered solar sector has received some more alarming news, this time from the Minneapolis-based utility Xcel Energy XEL. According to the Denver Post, the company on Friday cut the credit offered on a typical household photovoltaic system to $6,750 from $11,250. The Post...
Tags: Xcel Energy Inc., Seeking Alpha, Xcel, Manufacturing, Taxes, Free Trade, Financial Planning, Finance, Eric Savitz, Energy
External links 2008-10-28
Is Sirius Worth Anything? Goldman Says 25 Cents
Eric Savitz (Barron's) submits: Goldman Sachs analyst Mark Wienkes this morning repeated his Sell rating on Sirius XM SIRI, while cutting his price target to 25 cents from 50 cents and trimming estimates. He contends that 2008 subscriber forecasts will be cut or missed. “Our lowered estimates and...
Tags: Acquisition, Sirius, Seeking Alpha, Goldman, Mergers & Acquisitions, Satellite Radio, Capital Structures, Corporate Law, Investment, Financial Services, Finance, Consumer Electronics, Personal Technology, Business Operations, Eric Savitz, Sirius Satellite Radio Inc., Media
External links 2008-10-28
AMD's Q3 Surprises, But Street Stays Skeptical
Eric Savitz (Barron's) submits: Advanced Micro Devices AMD surprised the Street on several fronts with its Q3 earnings report. Revenues were higher than expected, even before a $191 million one-time licensing windfall that the analysts had not expected. The company had big growth in its graphics business, where it...
Tags: Advanced Micro Devices Inc., Graphics, Seeking Alpha, Sales Strategy, Sales Force Management, Operational Accounting, Sales, Finance, Eric Savitz, Chip
External links 2008-10-17
Can Google Keep Dodging Bullets?
Eric Savitz (Barron's) submits: Google GOOG shares are on the mend this today, after the company posted Q3 results that were better than the Street had feared. While revenues were just a tad light, the company nicely beat the Street at the EPS line, largely due to some effective...
Tags: Google Inc., Seeking Alpha, Operational Accounting, Financial Services, Finance, Eric Savitz, Internet
External links 2008-10-17
Apple Rallies on Earnings, Analysts Mostly Upbeat
Eric Savitz (Barron's) submits: Apple AAPL shares rallied nicely Wednesday morning, erasing Tuesday's sharp decline, on Street enthusiasm for the company’s better-than-expected results for the fiscal fourth quarter ended September. The sell side reaction to Apple’s numbers has been largely positive, though many analysts cut numbers on the...
Tags: Apple Inc., Earnings, Seeking Alpha, Financial Accounting, Sales Strategy, Finance, Sales, Eric Savitz, Hardware
External links 2008-10-22
Amazon: Was That Its Bottom?
Eric Savitz (Barron's) submits: Did Amazon.com AMZN shares just hit rock bottom? Amazon shares suffered a double-digit percentage loss in after hours trading last night on the company’s sobering forecast for the holiday shopping season. The shares are still trading below their pre-announcement level, but have bounced nicely...
Tags: Amazon.com Inc., Seeking Alpha, Financial Accounting, Operational Accounting, Finance, Eric Savitz, Internet
External links 2008-10-23
Street Gives Up on Cadence Design Systems
Eric Savitz (Barron's) submits: Investors have thrown in the towel on Cadence Design Systems CDNS. Just a week after the board booted most of senior management, the company yesterday disclosed some serious revenue recognition issues. While the company confirmed its previous Q3 guidance, the Street has obviously lost...
Tags: Cadence Design Systems Inc., Seeking Alpha, Revenue Recognition, Corporate Governance, Operational Accounting, Financial Services, Business Operations, Corporate Law, Finance, Eric Savitz, Software
External links 2008-10-23
Sprint Limps Home
Eric Savitz (Barron's) submits: “Sprint” is not something Sprint Nextel S has managed to do for a long time; maybe they need to change the company’s name to “Splint.” Certainly, they can use some first aid. The company this morning posted third quarter revenue of $8.82 billion, a...
Tags: BG Group plc, BP Plc, Eric Savitz, F.C.C. Co. Ltd., Finance, Operational Accounting, Quarter, Revenue, Seeking Alpha, Sprint Communications, Sprint Nextel Corp., Telecom, TNK-BP, Wi-Fi, Wireless
External links 2008-11-07
Blockbuster: Financing Issues Pressuring Shares
Eric Savitz (Barron's) submits: Blockbuster BBI shares this morning are selling off sharply on concerns about the company’s significant financing needs in the year ahead. On the retailer’s post-earnings conference call last night, CFO Thomas Casey noted that Blockbuster has a $28 million term loan and a revolving...
Tags: Financing, Blockbuster Inc., Seeking Alpha, Investment, Financial Accounting, Retail, Finance, Eric Savitz
External links 2008-11-07
Nortel Results Not Too Cheery
Eric Savitz (Barron's) submits: There’s all kinds of trouble Monday at Nortel Networks NT. The company posted third quarter results that were about in line with Street expectations: Revenue was $2.32 billion, while adjusted EPS was a loss of 30 cents a share; the Street had been looking...
Tags: Nortel Networks Corp., Seeking Alpha, Taxes, Asset Management, Microsoft Windows NT, Free Trade, Financial Planning, Finance, Operational Planning, Business Operations, Operating Systems, Microsoft Windows, Software, Eric Savitz, Networking
External links 2008-11-10
Sun Micro Is Now Trading at Cash
Eric Savitz (Barron's) submits: For Sun Microsystems JAVA, it has come down to this: The stock is now trading for the net value of the cash and investments on its balance sheet. As of September 30, the company had $2.63 billion in short-term cash and investments. Add in...
Tags: Sun Microsystems Inc., Seeking Alpha, Investment, Balance Sheets, Finance, Financial Statements, Financial Accounting, Eric Savitz, Software
External links 2008-11-19
Amazon's High Valuation Could Spell Trouble if Earnings Miss
Eric Savitz (Barron's) submits: So here’s the thing about Amazon.com AMZN: the stock trades at a significant premium to its peers, no matter how you define them. Retailers. Online retailers. Internet stocks. Amazon shares trade at a higher multiple than all of them. The valuation issue troubles Susquehanna Financial...
Tags: Valuation, Stock, Amazon.com Inc., Earnings, Seeking Alpha, Investment, Retail, Finance, Eric Savitz, Internet
External links 2008-11-10
Sprint Nextel: The Sell Now Network
Eric Savitz (Barron's) submits: Sprint Nextel S shares have extended their recent slide to five straight sessions, and accelerated to the downside. The stock today was down 72 cents, or 22.3%, to $2.51. That brought the stock’s five-day loss to $1.64, or close to 40%. There have been...
Tags: BG Group plc, BP Plc, Eric Savitz, F.C.C. Co. Ltd., Finance, Investment, Network, Seeking Alpha, Sprint Nextel Corp., Stock, Telecom, TNK-BP
External links 2008-11-11
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