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397 Resources for

eric savitz

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Google: Target Upped to $600 on Recovery Bet: Eric Savitz (Barron's) submits: Bernstein Research analyst Jeffrey Lindsay Friday upped his target on Google GOOG to $600 from $460, anticipating a pick-up in its search-based advertising business when the economy begins to recover. Lindsay raised his 2009 EPS estimate to $21.02 from $20.70; for 2010 he goes to...; Tags: Internet, Eric Savitz, Google Inc.; External links 2009-05-10
Solarfun: Q1 Revenues OK, CEO Resigns: Eric Savitz (Barron's) submits: Solarfun SOLF Tuesday morning posted Q1 revenue of $100.1 million, down 43% year over year and 39% sequentially, but in line with the Street. The company lost 2 cents a share in the quarter, better than the Street forecast of a loss of 17 cents....; Tags: Energy, Eric Savitz; External links 2009-05-19
HP Q2: Revenues and EPS Right In Line: Eric Savitz (Barron's) submits: Hewlett-Packard HPQ posted revenue for its fiscal second quarter ended April 30 of $27.4 billion, with non-GAAP profits of 86 cents a share, in both cases right in line with the Street. Revenue was down 3% from a year ago, or up 3% in local...; Tags: Hardware, Eric Savitz, Hewlett-Packard Co.; External links 2009-05-19
Internet Gold Hits Earnings Gold: Eric Savitz (Barron's) submits: Internet Gold IGLD shares are sharply higher Wednesday morning after the Israeli Web player posted strong Q1 results. An Internet communications and content company, IGLD reported revenue of $72 million and a profit of 38 cents a share; the single analyst tracked by...; Tags: Internet, Eric Savitz; External links 2009-05-20
A Software IPO! SolarWinds Prices At $12.50 a Share: Eric Savitz (Barron's) submits: Wow, an actual honest-to-goodness, venture-backed software IPO. We’re getting one Wednesday. by Eric Savitz; Tags: Software, Eric Savitz; External links 2009-05-20

HP Results Show No Uptick Yet in IT Spending: Eric Savitz (Barron's) submits: Hewlett-Packard HPQ Tuesday provided still further evidence that a much hoped for pick-up in IT spending has yet to materialize. In reporting earnings for the fiscal second quarter ended April, HP demonstrated a continued focus on cutting costs - it will lay off...; Tags: Hardware, Eric Savitz, Hewlett-Packard Co.; External links 2009-05-20
GameStop Shares Down as Guidance Disappoints: Eric Savitz (Barron's) submits: GameStop GME shares are down sharply Thursday morning following an earnings report that reflected disappointing same store sales - and weaker than expected guidance for the fiscal second quarter. For the fiscal first quarter ended May 2, the video game retailer posted revenue...; Tags: Gadgets, Eric Savitz, GameStop Corp.; External links 2009-05-21
Apple: Netbook? No. Tablet? Maybe, But Not Yet: Eric Savitz (Barron's) submits: Expectations that Apple AAPL will unveil a low-cost netbook at sometime within the next six months are not likely to be met, Piper Jaffray analyst Gene Munster asserts in a research note this morning. But Munster adds that he expects the company to introduce a...; Tags: Gadgets, Eric Savitz, Apple Inc.; External links 2009-05-21
SanDisk CEO Harari: Flash Memory Prices Stabilizing: Eric Savitz (Barron's) submits: Spot market pricing of NAND flash memory chips have stabilized at about the $2/GB level, more than twice the price at the December quarter bottom, SanDisk SNDK CEO Eli Harari said today in an interview with Tech Trader Daily. Harari says prices have...; Tags: Chip, Eric Savitz, SanDisk Corp.; External links 2009-05-21
Will Carriers Save the Subscription Music Business?: Eric Savitz (Barron's) submits: The news this week that Napster is relaunching with a $5-a-month subscription plan that includes 5 free MP3 downloads would appear to be a troubling development for RealNetworks‘ RNWK rival Rhapsody service, which will set you back $13 a month for a streaming service that...; Tags: Media, Eric Savitz, Best Buy Co. Inc., RealNetworks Inc.; External links 2009-05-24
Satyam Overstaffed by 10,000 According to New Ownter: Eric Savitz (Barron's) submits: Satyam Computer Services SAY has more than 10,000 staff above what it needs, according to Vineet Navyar, the CEO of Tech Mahindra, which won the auction to buy the fraud-stricken IT outsourcing company. According to Reuters, Nayer said Friday that it would be...; Tags: India, Eric Savitz; External links 2009-05-24
Apple Could Benefit from Selling Macs at Wal-Mart: Eric Savitz (Barron's) submits: Apple AAPL could eventually sell some Macs in Wal-Mart WMT stores, “which could significantly increase distribution and unit shipments,” Barclays Capital analyst Ben Reitzes asserted in a research note Tuesday morning. “While we don’t expect an immediate impact this year and believe Apple would need...; Tags: Hardware, Eric Savitz, Apple Inc., Wal-Mart Stores Inc.; External links 2009-05-19
Monster to Pay $2.5M to Settle SEC Backdating Case: Eric Savitz (Barron's) submits: Monster Worldwide MWW has agreed to pay $2.5 million to the SEC to settle stock-option backdating charges, the commission said Monday, according to Reuters. Monster agreed to the fine without admitting or denying the SEC’s allegations. The online jobs listing company restated financial...; Tags: Internet, Eric Savitz; External links 2009-05-18
Blue Nile Q1: Targets Raised on Strong Performance: Eric Savitz (Barron's) submits: Blue Nile’s NILE gem of a first-quarter earnings report late Thursday spurred a flurry of upbeat commentary from the Street, with several analysts making major revisions in their price targets for the online diamond merchant. Even the bears found little to grouse about, and the...; Tags: Internet, Eric Savitz, Blue Nile Inc.; External links 2009-05-10
Apple Gets a Pair of Bullish Notes: Eric Savitz (Barron's) submits: Apple AAPL was the subject of a pair of bullish notes from the Street this morning. Kaufman Bros. analyst Shaw Wu Monday repeated his Buy rating and upped his price target to $160, from $152. Wu writes that he brought a group of...; Tags: Hardware, Eric Savitz, Apple Inc.; External links 2009-05-11
Applied Materials: Chip Orders Improve, But Solar Is Sluggish: Eric Savitz (Barron's) submits: Applied Materials AMAT is likely to provide mixed news when it reports results after the close Tuesday for its fiscal second quarter ended April. The Street is looking for revenue of $904 million and a loss of 10 cents a share; the thinking on the...; Tags: Chip, Eric Savitz, Applied Materials Inc., Taiwan Semiconductor Manufacturing Co. Ltd., Taiwan Semiconductor; External links 2009-05-11
Energy Conversion Devices: Q3 Earnings Trigger Analyst Shuffle: Eric Savitz (Barron's) submits: Monday’s FY Q3 earnings report from Energy Conversion Devices ENER has triggered some jockeying for position among the analysts who follow the solar stock. Two formerly bearish pundits have now taken a more neutral stance; and one former bull is stepping away from the stock...; Tags: Energy, Eric Savitz, Energy Conversion Devices Inc.; External links 2009-05-12
Netflix: Movie Studios Pose Greatest Threat: Eric Savitz (Barron's) submits: Oppenhemer analyst Jason Helfstein launched coverage of Netflix NFLX Wednesday morning with a Perform rating and a $35 price target, below Tuesday’s closing price at $39.60. His thesis is that, while the company has carved out a successful niche, with 7% of the home video...; Tags: Media, Eric Savitz, NetFlix Inc.; External links 2009-05-13
Clearwire Q1: Revenues In Line, Losses Keep Piling Up: Eric Savitz (Barron's) submits: Clearwire CLWR Wednesday afternoon posted Q1 revenue of $62.1 million, just shy of the consensus forecast of $62.6 million. The company posted a loss for the quarter of $71.1 million, or 38 cents a share on a fully diluted basis. Clearwire added 25,000 net new...; Tags: Telecom, Eric Savitz, Clearwire Corp.; External links 2009-05-13
BT Group: To Slash 15,000 Jobs, Cuts Dividend: Eric Savitz (Barron's) submits: BT Group BT, the Brititsh telecom giant, Thursday morning said it will cut 15,000 jobs and slash its dividend in reponse to disappointing performance by its Global Services unit. The company Thursday morning posted revenue for its fiscal fourth quarter ended March 31 of 5.47...; Tags: Telecom, Eric Savitz, BT Group Plc.; External links 2009-05-14