Archive for April 22nd, 2010

E*TRADE Taken as a Punt So Far (ETFC)

E*TRADE Financial Corporation (NASDAQ: ETFC) is down on profit taking into a soft tape this morning.  The online broker lost -$0.02 EPS vs -$0.03 estimates from Thomson Reuters; total customer assets rose; net operating interest income flat; loan loss provisions fell $24 million.  Shares are trading down only about 0.5% at $1.81 on 700,000 shares [...]

eBay, When Monopolies Are Not Good Enough (EBAY)

eBay Inc. (NASDAQ: EBAY) is trading lower and it sold off after a mixed earnings report.  It barely beat earnings, barely, despite its near-monopoly position.  The earnings and revenue guidance metrics were in-line to weak for both the Q2 and the Fiscal-2010 forecasts.  A big disappointment, with the only good news being that it still [...]

Delcath Liver Cancer Surge (DCTH)

Delcath Systems Inc. (NASDAQ: DCTH) is trading up big this morning.  The company’s Phase III liver cancer study its its primary endpoint and exceeded its endpoint targets.  The market cap at yesterday’s close was $393.7 million and the 52-week trading range was $2.09 to $11.00.  This marks an all-time high as shares are trading up [...]

SanDisk Shows the Upside of Memory (SNDK)

SanDisk Corporation (NASDAQ: SNDK) is trading higher on a 65% revenue gain as flash memory continues to face stronger markets.  Earnings were $0.95 EPS and revenue was $1.09 billion versus Thomson Reuters estimates of $0.59 EPS and $986 million in revenue. Auriga maintained a SELL rating but no one is looking at that today.  Shares [...]

National Bank of Greece, PIIGS in the Mirror (NBG)

National Bank of Greece SA (NYSE: NBG) is down yet again.  The Greek budget deficit was worse than expected, causing more woes to Greece and therefor to NBG as it is the proxy stock which investors use to bet their daily trades on in Greece.  Shares are trading down almost 4% at $3.20 per ADS [...]

Nokia and QUALCOMM Learn About Disappointment (NOK, QCOM)

Nokia Corporation (NYSE: NOK) and QUALCOMM Inc. (NASDAQ: QCOM) are both getting shelled after earnings reports were deemed as disappointments.  The Finns are getting shelled harder this morning. Nokia Corporation (NYSE: NOK) is seeing its margins under pressure after its earnings report.  The company said that its forecast the global handset market was intact and [...]