Source: Marketwatch
NeoMagic Corp. after Thursday’s closing bell reported a first-quarter net loss of $5 million, or 53 cents a share, compared with a net loss of $1.65 million, or 25 cents a share, during the year-ago period. The Santa Clara, Calif.-based provider of applications processors posted revenue of $86,000 vs. $299,000. NeoMagic said the revenue decline […]
Source: Marketwatch
Texas Instruments Inc. late Thursday boosted its financial targets for the second quarter, with sales helped by increased demand for cell-phone chips and its bottom line boosted by a tax benefit and a legal settlement.
In a mid-quarter update, TI lifted its sales range to between $3.63 billion and $3.78 billion, higher than its previous […]
I like to alert our readers to stocks that I think are looking extremely strong right now, and OMNI is one of those stocks. I would highly recommend that you have this stock on your watchlist for Friday’s session. OMNI has been on a tear since releasing their Q2 earnings results, and the stock had […]
PALM had a strong day on Thursday, trading up over 5% to close at $17.95 after the company announced that they would be added to the S + P 400 at the close on Thursday afternoon, replacing ANT, which was acquired by GD. PALM gapped up to $17.65 on the news and continued to pick […]
RMBS had a very strong day on Thursday, trading up over 18% to finish the session at $28.75 after a report came out suggesting that newly released emails from MU and Hynix Semiconductor Inc. provide some of the first details of a global conspiracy to raise prices on memory chips, allegations that were first raised […]
CRME had a rough day on Wednesday, trading down almost 20% to close the session at $9.03 after announcing that their application for their cardiac-drug candidate RSD1235 had been rejected. The company received a “refusal to file” letter, meaning that there is problems with the company’s application. Volume was extremely heavy on the news, with […]