PennyStockPayCheck.com Rss

Featured Posts

Chase Bank Limits Cash Withdrawals, Bans International... Before you read this report, remember to sign up to http://pennystockpaycheck.com for 100% free stock alerts Chase Bank has moved to limit cash withdrawals while banning business customers from sending...

Read more

Richemont chairman Johann Rupert to take 'grey gap... Billionaire 62-year-old to take 12 months off from Cartier and Montblanc luxury goods groupRichemont's chairman and founder Johann Rupert is to take a year off from September, leaving management of the...

Read more

Cambodia: aftermath of fatal shoe factory collapse... Workers clear rubble following the collapse of a shoe factory in Kampong Speu, Cambodia, on Thursday

Read more

Spate of recent shock departures by 50-something CEOs While the rising financial rewards of running a modern multinational have been well publicised, executive recruiters say the pressures of the job have also been ratcheted upOn approaching his 60th birthday...

Read more

UK Uncut loses legal challenge over Goldman Sachs tax... While judge agreed the deal was 'not a glorious episode in the history of the Revenue', he ruled it was not unlawfulCampaign group UK Uncut Legal Action has lost its high court challenge over the legality...

Read more

Apple’s Earnings Bite: Tech Weekly Recap

Category : Stocks

NEW YORK (TheStreet) — After last week’s earnings bonanza in technology, you might have expected a break this past week. It didn’t happen — by a long shot.

Results from Apple were the major event this week, but Facebook’s first quarterly earnings report as a public company were another key event.

Other stalwarts such as Amazon, Netflix, AT&T, Texas Instruments, and others were some of the more important technology tidbits this week. …

Click to view a price quote on AAPL.

Click to research the Computer Hardware industry.

Go here to see the original: Apple’s Earnings Bite: Tech Weekly Recap

Post to Twitter

Facebook Truth Lies in the Middle

Category : Business

NEW YORK (TheStreet) — In its indomitable style, the media is pointing toward two equally radical extremes for Facebook’s earnings, due to be reported after the close of trading today.

On the one hand, we have The Associated Press. In an article dramatically titled “Facebook’s day of reckoning,” The AP portrays today’s earnings as the end-all-and-be-all. You think the handing down of The Ten Commandments was a big deal? Just wait until we hear whether Facebook hit Wall Street’s consensus estimate of 12 cents a share on revenue of $1.16 billion.

On the other, we have Forbes, sneering and dismissive about the significance of the coming report. Its headline? “Don’t Pay Any Attention To Facebook’s Q2 Earnings Report.” …

Click to view a price quote on FB.

Click to research the Internet industry.

Read the original here: Facebook Truth Lies in the Middle

Post to Twitter

SanDisk, AMD, Zynga: Tech Winners & Losers

Category : Business

NEW YORK (TheStreet) — SanDisk was one of the largest gainers in technology, soaring 14% to $39.97, on unexpectedly strong second-quarter earnings.

The Milpitas, Calif.-based company reported earnings of 21 cents per share on $1.03 billion of revenue, beating the estimates of analysts polled by Thomson Reuters, who were looking for 18 cents a share and $1.02 billion in revenue. CEO Sanjay Mehrotra expressed a positive outlook for the remainder of the year.

“We believe that strengthening industry fundamentals and our expanding portfolio of solutions will contribute to improving financial results in the second half of 2012,” he said on the company earnings call. …

Click to view a price quote on AMD.

Click to research the Electronics industry.

View post: SanDisk, AMD, Zynga: Tech Winners & Losers

Post to Twitter

Earnings Bonanza: Tech Weekly Recap

Category : Stocks

NEW YORK (TheStreet) — I wish Michael Landon were still alive because there’s only one way to describe this week in tech; bonanza, as in earnings bonanza.

Reports from tech heavyweights such as Yahoo!, IBM, Google, Microsoft and a host of others, as well a few high-profile IPOs were the talk of tech this week, along with a new CEO in Silicon Valley.

The show started off on Monday, when Yahoo! appointed Google’s Marissa Mayer as its new CEO, shocking everyone. Mayer, who was employee no. 20 at the search giant, was in charge of Google’s Local efforts, including Location, Maps and Local services. …

Click to view a price quote on YHOO.

Click to research the Internet industry.

Read more: Earnings Bonanza: Tech Weekly Recap

Post to Twitter

Dell, Zynga, Cypress: Tech Winners & Losers (Update)

Category : Stocks

This story has been updated with closing prices and information on Rackspace and Check Point Software.

NEW YORK (TheStreet) -Dell climbed 2.55% to $12.27 per share after the PC maker announced a quarterly dividend of 8 cents per share, which is a yield of about 2.7 percent , after market close on Tuesday.

The dividend will begin in the third quarter of the current fiscal year, which ends on Nov. 2, 2012. …

Click to view a price quote on DELL.

Click to research the Computer Hardware industry.

See the rest here: Dell, Zynga, Cypress: Tech Winners & Losers (Update)

Post to Twitter

Zynga, Fusion-IO: Tech Winners & Losers

Category : Business, Stocks

NEW YORK (TheStreet) — Zynga plummeted 10.27% to $4.98 on Tuesday, hitting its lowest share price since the company’s IPO in December of last year. The game producer is down almost 50% year to date.

Nasdaq halted short-sales of the stock after Cowen & Co released a report that said Zynga’s social gaming daily active users dropped by 8.2% in May.

All of the company’s major titles posted “significant” month-over-month declines in daily active users, according to Cowen & Co analyst Doug Creutz. May marked the second consecutive significant month-over-month drop. …

Click to view a price quote on ZNGA.

Click to research the Internet industry.

Read the original: Zynga, Fusion-IO: Tech Winners & Losers

Post to Twitter

Facebook, Zynga, Sirius: Tech Winners & Losers

Category : Stocks

NEW YORK (TheStreet) — Facebook shares closed down 2.96% at $26.90 after Alliance Bernstein Research Analyst Carlos Kirjner initiated coverage of the stock with an “underperform” rating on Monday.

Investors’ uncertainty about the company’s potential to maximize the value of social advertising and its ability to launch new business ventures will cause the stock to lag, analysts predict.

Zynga, which shares a portion of its revenue with Facebook, closed down 4.99% at $5.71 a share on Monday. Gaming retailers will place their orders for the 2012 holiday season at the annual Electronic Entertainment Expo in Los Angeles this week. …

Click to view a price quote on FB.

Click to research the Internet industry.

Visit link: Facebook, Zynga, Sirius: Tech Winners & Losers

Post to Twitter

Pandora’s Solid Results Could Help Facebook

Category : Business, Stocks

NEW YORK (TheStreet) — Investors continue to turn misconceptions into memes when attempting to discuss the interrelated new media and mobile landscapes.

Pandora’s first-quarter 2013 results and conference call should help dispel myths and alleviate concerns over not only Pandora’s ability to effectively monetize mobile usage, but Facebook’s as well. In fact, I expect Pandora to, at least in part, help open the door for Facebook to a considerable number of prospective mobile advertisers. How Pandora Does Mobile

Pandora Chairman and CEO Joe Kennedy did an excellent job explaining his company’s general trajectory, with a focus on mobile. …

Click to view a price quote on P.

Click to research the Media industry.

Continue reading here: Pandora’s Solid Results Could Help Facebook

Post to Twitter

3 Stocks I Saw on TV, May 21

Category : Business

Dan Fitzpatrick examines three stocks viewed on Fast Money. Today’s stocks include JP Morgan, Apple and Facebook.

See the article here: 3 Stocks I Saw on TV, May 21

Post to Twitter

Facebook’s First Day: It’s Complicated

Category : Stocks

NASDAQ struggled with the heavy volume for Facebook’s first day of trading. The robots turned to humans, as NASDAQ resorted to manually delivering executions.

See more here: Facebook’s First Day: It’s Complicated

Post to Twitter