BloggingStocks

Intel has strong Q2, revenues up 12%

Tom Johansmeyer — Wed, 15 Jul 2009 08:00:00 EST

Filed under: Earnings Reports, Good news, Intel (INTC), Technology

Intel (NASDAQ: INTC) had Q2 revenues of $8 billion, up 12% from Q1 and beating analyst expectations of $7.23 billion soundly. This was the best quarter-over-quarter growth rate for the world's largest chip manufacturer in more than 20 years -- and a good sign for the technology sector as a whole.

The company's profit of 18 cents a share was more than double the consensus of 8 cents, and the good news sent Intel's stock up 7% in after-hours trading.

This report didn't include a $1.45 billion fine that the European Commission imposed on the company back in May. This would have pushed Intel to a loss of $398 million (7 cents a share). But Intel is appealing the decision, which involved accusations of an abuse of market position. The company puts chips into 80% of computers.

Continue reading Intel has strong Q2, revenues up 12%

Intel has strong Q2, revenues up 12% originally appeared on BloggingStocks on Wed, 15 Jul 2009 08:00:00 EST. Please see our terms for use of feeds.

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Closing Bell: Stocks rebound as Uncle Sam comes to rescue, maybe; ANF, HUN, INTC all up

Jon Ogg — Tue, 30 Sep 2008 16:15:00 EST

Filed under: After the Bell, Intel (INTC), Market Matters, Abercrombie and Fitch (ANF), CMGI Inc (CMGI)

Volatility is becoming the market's new name. Much of yesterday's 700+ point drop in the DJIA was largely erased as the DJIA was up more than 400 points for most of the last hour today. The markets weren't driven by a bailout package. It was the BELIEF that a new passage would get passed by the weekend. Consumer confidence did come in stronger than expected, although the Conference Board noted that the data cut off date was September 23, before the last round of malaise hit.

Here were today's unofficial closing bell levels:
DJIA 10,862.61 (+497.16; +4.80%)
NASDAQ 2,082.33 (+98.60; +4.97%)
S&P500 1,163.93 (+57.54; +5.20%)
10YR T-NOTE 3.827% (+0.195)
52-WEEK LOWS
TOP UPGRADES, many moved here.
TOP DOWNGRADES

Abercrombie & Fitch Co. (NYSE: ANF) rose after an analyst upgrade this morning. The young adult clothing company was raised to an "Outperform" at FBR. With shares on a year low and having sold off nearly 60% and a P/E ratio of well under 10.0, that brought some interest from Wall Street. Shares were up over 11% at $39.70 in today's final minutes.

Huntsman Corp. (NYSE: HUN) was one monster mover today. A judge ruled that the private equity firms that walked away could not claim the material adverse change. Shares were up a whopping 70% at $12.59 in today's final minutes.

Intel Corporation (NASDAQ: INTC) rose on a call out of Piper Jaffray as one of several key technology upgrades. The firm raised its Neutral rating to a Buy rating with a $22.00 price target. Shares were up 6% at $18.36 in the final minutes of the trading day.

CMGI Inc. (NASDAQ: CMGI) is now ModusLink Global Solutions, Inc. (NASDAQ: MLNK). Shares actually rose over 12% to $10.00 by the final minutes of the trading day.

Conexant Systems Inc. (NASDAQ: CNXT) rose sharply after the communications chip company raised its guidance to EPS of $0.24 to $0.26 vs. $0.15 estimates. Imagine a chip company raising guidance in today's climate. Shares were up 42% at $4.10 in the final trading minutes today on more than 5-times volume.

Closing Bell: Stocks rebound as Uncle Sam comes to rescue, maybe; ANF, HUN, INTC all up originally appeared on BloggingStocks on Tue, 30 Sep 2008 16:15:00 EST. Please see our terms for use of feeds.

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Earnings highlights: Lehman, UBS, Krispy Kreme, Pepsico, Pep Boys and others

Trey Thoelcke — Sat, 14 Jun 2008 09:10:00 EST

Filed under: Earnings Reports, Microsoft (MSFT), PepsiCo (PEP), Krispy Kreme Doughnuts (KKD), Alcoa Inc (AA), Best Buy (BBY), Nortel Networks (NT), QUALCOMM Inc (QCOM), Texas Instruments (TXN), CMGI Inc (CMGI), Lehman Br Holdings (LEH)

Here are some highlights from this past week's earnings coverage from BloggingStocks:

ADC Telecommunications Inc. (NASDAQ: ADCT) beat Q2 estimates and raised its full-year guidance.
Alcoa Inc. (NYSE: AA) near-term earnings prospects led to an analyst downgrade.
Banco de Chile (NYSE: BCH) earnings prospects after an acquisition led to an analyst's upgrade.
Benihana Inc. (NASDAQ: BNHN) posted lower Q4 profits but still beat earnings estimates.
Bob Evans Farms Inc. (NASDAQ: BOBE) reported solid Q4 results due in part to cost management.
Brown-Forman Corp. (NYSE: BF.B) easily beat Q4 estimates and offered full-year guidance.
CMGI Inc. (NASDAQ: CMGI) lowered its guidance, sending shares tumbling 25%.
Coca Cola Hellenic Bottling Co. (NYSE: CCH) warned of weaker earnings due to economic conditions.
Conn's Inc. (NASDAQ: CONN) reported solid Q1 results and issued in-line guidance for the year.
Dick's Sporting Goods Inc. (NYSE: DKS) earnings prospects impress analysts despite recent guidance.
Guess? Inc. (NYSE: GES) topped Q1 expectations due to strong international expansion.
Krispy Kreme Doughnuts Inc. (NYSE: KKD) swung to a Q1 profit despite falling revenues.
Lehman Brothers Holdings Inc. (NYSE: LEH) posted a bigger-than-expected loss on further write-downs.

Continue reading Earnings highlights: Lehman, UBS, Krispy Kreme, Pepsico, Pep Boys and others

Earnings highlights: Lehman, UBS, Krispy Kreme, Pepsico, Pep Boys and others originally appeared on BloggingStocks on Sat, 14 Jun 2008 09:10:00 EST. Please see our terms for use of feeds.

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Closing Bell: Forget the tape, biotechs and others move big

Jon Ogg — Tue, 10 Jun 2008 16:28:00 EST

Filed under: Gap Inc (GPS), Teva Pharm Indus ADR (TEVA), CMGI Inc (CMGI)

Today was indicative of another mixed day for equities, and other markets were mixed as well. We saw a sharp rise in bond yields due to a more hawkish fear from Wall Street about the FOMC rather than the wider than expected trade deficit reported this month. Oils closed down again on increased production today, although we still sit north of $130/barrel. Here are the unofficial closes of major US index levels:

DJIA 12286.18 (+5.86)
S&P500 1358.10 (-3.66)
NASDAQ 2448.94 (-10.52)
10YR T-NOTE 4.099% (+0.107%)
Top 10 Analyst Calls

There were also many biotech stocks today (ACHN, CRXL, MNKD, SQNM, CYTR, CYTX, INGN, ATHX, MITI, GTOP) which saw mystery moves to the downside on either not big news or as a follow-on trading move after news from the last few days.

American Superconductor Corp. (NASDAQ: AMSC) saw a sharp rise and shares were up almost 20% to $43.25 in the final minutes of trading today. The company secured a follow-on order today from China worth more than two-year's worth of revenues for the company.

Continue reading Closing Bell: Forget the tape, biotechs and others move big

Closing Bell: Forget the tape, biotechs and others move big originally appeared on BloggingStocks on Tue, 10 Jun 2008 16:28:00 EST. Please see our terms for use of feeds.

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Pre-market movers: CMGI, ALU

Douglas McIntyre — Tue, 10 Jun 2008 08:06:00 EST

Filed under: Before the Bell, Alcatel-LucentADS (ALU), CMGI Inc (CMGI)

CMGI (NASDAQ: CMGI) is off almost 15% after posting poor earnings.

ArcelorMittal (NYSE: MT) is down about 4% after news that it will open new mining operations.

Alcatel-Lucent (NYSE: ALU) is off 2% without any obvious news.

Petro-Hawk (NYSE: HK) is up almost 3% after positive comments from Jim Cramer.

Stocks may trade differently in the pre-market than they do in the regular session.

Douglas A. McIntyre is an editor at 247wallst.com.

Pre-market movers: CMGI, ALU originally appeared on BloggingStocks on Tue, 10 Jun 2008 08:06:00 EST. Please see our terms for use of feeds.

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Option update 12-4-07: CMGI volatility flat as shares rally 34%

Paul Foster — Tue, 04 Dec 2007 15:24:00 EST

Filed under: Options

CMGI Inc. (NASDAQ: CMGI), a company that helps businesses, is recently up $3.42 to $13.75. CMGI reported Q1 net revenue of $274 million, a decrease of 3.1% compared to last year. W.R. Hambrecht says, "We continue to believe CMGI is a compelling turnaround story." CMGI December option implied volatility of 75 is near its three-week average according to Track Data, suggesting non-directional risk.

Daily Options Update is provided by Stock Specialist Paul Foster of theflyonthewall.com

Option update 12-4-07: CMGI volatility flat as shares rally 34% originally appeared on BloggingStocks on Tue, 04 Dec 2007 15:24:00 EST. Please see our terms for use of feeds.

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Which stock is better now? CMGI or Safeguard Scientifics?

Jon Ogg — Tue, 26 Jun 2007 16:39:00 EST

Filed under: Management, Competitive Strategy, Interviews, CMGI Inc (CMGI)

CMGI Inc. (NASDAQ: CMGI) has sure seen shares come back down of late. Over the last 6 months after the incubator went through a bit of a transformation that started paying off for the stock at the end of 2006 and throughout much of 2007. The stock has recently gave back much of the 66% or more gain in its stock, but there is still quite a large following in the stock, and investors and traders still look for similar situations out there. The two most similar companies in the past were Safeguard Scientifics (NYSE: SFE) and Internet Capital Group (NASDAQ: ICGE). Internet Capital Group is still considered an internet incubator and investment vehicle, but Safeguard Scientifics has shed its 'incubator' activities and gone back to being a pure holding company.

Last week, I got the chance to interview Peter Boni, CEO & President of Safeguard Scientifics, Inc. Most CEO's are a bit reluctant to shoot for the stars on-record, but Mr. Boni gave me a goal that seems like quite a target: to re-become a $1 Billion company. That would imply a roughly 200% gain from today's $310 million market cap. Sure, that has a lot of stipulations; but the executive compensation depends heavily on the stock. Mr. Boni joined roughly 22 months ago and shares are up roughly 50% since that time. The comapny also feels it has an underlying "value play" associated with the stock because of its stock holdings in Clarient, Inc. (NASDAQ: CLRT) and cash equating to 80% of its market cap. The rest of the market cap could be considered its other 15 investments in private companies, physical assets, and a loss carry to offset gains that is larger than the current value of the company. It is always hard to call a $300+ million market-cap stock a value play because of the size and limited following, but, all in all, the long-term goals of the company and the current value of the holdings and 'hidden value' in other assets make this one quite impressive.

If we were in a bear market or if the IPO, venture capital, or private equity markets were dead, I might have a bit more caution. But in today's environment this one seems like an interesting play for aggressive growth and small cap investors that want some perceived value behind the investment vehicle they are in. Obviously, there is a large tie to the success in Clarient Inc. Shares have also been a bit volatile, but that is par for the course in small cap stocks like these.

Jon Ogg can be reached at jonogg@247wallst.com; he does not own securities in the companies he covers.

Which stock is better now? CMGI or Safeguard Scientifics? originally appeared on BloggingStocks on Tue, 26 Jun 2007 16:39:00 EST. Please see our terms for use of feeds.

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Internet incubators coming to life

Eric Buscemi — Mon, 26 Mar 2007 12:26:00 EST

Filed under: Bargain Stocks, CMGI Inc (CMGI)

CMGI Inc (NASDAQ: CMGI), one of the purest Internet plays from the 1990s, was mentioned in Barron's this weekend as a stock worth looking at again.

The other pure-play Internet incubator has also come back to life -- Internet Capital Group Inc (NASDAQ: ICGE). This stock was also a must-own incubator stock during the 1990s that followed CMGI's path and fell on hard times.

Internet Capital has a bunch of successful businesses, having sold or taken public a few for big profits, believe it or not.

Currently, Internet Capital has a number of businesses that might be ripe for being taking public. StarCite, an on-demand global meetings management company, recently merged with OnVantage, which should allow it to improve revenue growth and profitability.

Internet Capital also owns a majority interest in ICG Commerce, a procurement services business, which has had some big wins getting Kimberly-Clark as a customer along with contract wins with Microsoft, Alcan and other multinational companies.

Therefore, do not only look at CMGI, also give Internet Capital Group a look.

Internet incubators coming to life originally appeared on BloggingStocks on Mon, 26 Mar 2007 12:26:00 EST. Please see our terms for use of feeds.

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CMGI Inc.: A blast from the past

Hilary Kramer — Thu, 15 Mar 2007 09:30:00 EST

Filed under: Hilary On Stocks, CMGI Inc (CMGI)

It seems like yesterday that CMGI Inc. (NASDAQ:CMGI) was one of the hottest stocks to own. These were the Internet days -- now seven years ago. The stock prices of companies that were internet -based went to the moon and "incubator" companies that invested in internet companies went even farther into the galaxy. CMGI was one of those stocks. The good news is that CMGI stayed alive and looks like it may finally be ready for a comeback.

CMGI consists of two divisions. One is ModusLink which, according to the company's website, "provides industry-leading global supply chain management services and solutions that help businesses market, sell and distribute their products around the world." CMGI's other business, @Ventures, founded in 1995, focuses on identifying, financing and fostering new companies -- especially those engaged in developing cutting-edge technologies.

CMGI announced this week that it invested in an alternative energy company, Earthanol, Inc., which builds and operates waste-to-ethanol production plants. Earthanol's website explains that the "most logical feedstocks to turn to (to produce ethanol) are the millions of tons per year of waste residuals from agricultural, industrial, and urban activities. Earthanol believes that the conversion of these feedstocks through acid or enzymatic hydrolysis and thermal conversion/syngas catalysis is the next big wave in renewable fuels development."

Although @Ventures' total investment is only $2 million, the investment did catch the eye of Wall Street last Friday. The investment consortium was one area of interest to all who saw this press release. The team of investors also includes Nth Power, Sail Venture Partners, and Calvert Funds. The total investment is approximately $7 million.

More importantly, this is not the first investment in clean energies. In February, CMGI invested in "H2Oil," a Utah-based cleantech company that specializes in the "reclamation of valuable hydrocarbons and fresh water from oil and gas exploration and production processes." To me, this is an even more significant venture. I believe that the future, in the near term, for clean technologies and alternative energy will be finding ways to assist traditional fossil fuel production in a way that is cleaner and safer for the environment -- until the day comes when we rely only on renewable fuels from the sun and wind and our agricultural production. CMGI has also invested in solar. Last year, the company invested in Advent Solar, a solar operation that develops photovoltaic technology to convert sunlight into electricity. The company's solar cells are focused on cheaper technology to achieve the same effective result as the more expensive competitors.

Type of Company: A well-managed and tenacious publicly-traded company that has a portfolio of investments in start-up technologies (originally internet-focused, and now cleantech, alternative energy and diversified technologies) and another division which works to help businesses sell, market and deliver their products and services throughout the entire order-to-supply-to-delivery process.

Stock Price Target: Don't be surprised if this $1.70 stock more than doubles and hits $4 in the very near future. I have seen many companies enjoy a second life and this management team is smart and committed. The former CEO, David S. Wetherell, brought in a top notch team to rebuild the business and hit profitability and receive shareholder return by making the right investments at the right time.

Hilary Kramer is a financial editor and money coach for AOL and an authority on investing. Visit her at www.hilarykramer.com.

CMGI Inc.: A blast from the past originally appeared on BloggingStocks on Thu, 15 Mar 2007 09:30:00 EST. Please see our terms for use of feeds.

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