The Federal Reserve just released the Industrial Production numbers for October. The headline number, a 1.3% gain, was unexpectedly good due to the resumption of refining and manufacturing activities in the Gulf region after hurricanes Gustav and Hanna…
ASUSTek is planning on making life harder for many PC makers.The Taiwanese manufacturer of motherboards and PCs recently announced earnings (it’s shares are publicly traded in Taiwan and on the pink sheets in the US and on several other foreign stock…
The US Census Bureau just released the advance Durable Goods report for September.It shows that the tech sector took another beating.At a summary level of Computers and Electronic Products, Shipments were down sequentially 2.1% and New Orders were down…
As expected, the retail sales numbers released today were indeed horrible. What does that mean for the tech sector?First, how bad were the retail sales numbers? According to the Census Bureau retail sales report for September, estimated monthly sales f…
Gartner is hosting their Symposium/ITxpo 2008 conference in Orlando this week. From Peter Sondergaard, Gartner’s global head of research, comes the money quote:”The next big thing in IT is not a technology — it is cost reduction, risk management and …
Can the problems impacting the financial sector impact technology companies? You bet they can!We know there is a credit crunch and that the economy is slowing. This is translating into falling revenues and a drop in new orders. Tech company management …
The squeeze is on.VMware (VMW) has been hammered lately as its CEO was replaced and the chief scientist walked out. The company was once the undisputed leader in server and desktop virtualization but competitors are making inroads.We have seen the repe…
For those of you have downloaded the Alert HQ BUY and SELL signals recently, you may have noticed that Sanmina-SCI Corporation (SANM) was on the alert list based on weekly data back on August 16 and again this past weekendI have been eyeing this stock …
Dell reported earnings after the close today. Net income dropped 17% to $616 million in the quarter on a revenue increase of 11% to $16.4 billion.Excluding restructuring and other charges, Dell would have earned 33 cents a share. Including the charges,…
Who will the leaders be when the next bull market begins?
Merrill Lynch just released their latest installment of the RIC Report, the periodic update from their Research Investment Committee led by well known investment strategist Richard Bernstein.Among other things, the report makes the point that “extreme …
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