Posts Tagged ‘ALTR’

Xilinx Guidance Taking Out 52-Week Highs (XLNX)

Xilinx, Inc. (Nasdaq: XLNX) is soaring on its September guidance up approximately 10% sequentially in sales, above the prior 2% to 6% gain expected. Virtex-5 sales will increase significantly in the September quarter to be above 20% of total sales. Delinquent sales are now shipping and gross margin guidance is ~61%.  At 8:25 AM EST [...]

Price Tank Alert: Altera Corp. (ALTR)

Altera Corp. (NASDAQ: ALTR) is getting hit hard this Monday morning, although maybe not by as much as if you just looked at the headline and pretended this was somewhat normal times.   Goldman Sachs downgraded the stock by putting it on the Conviction Sell List. Shares are down 4% at $14.40 9:06 AM EST.  So [...]

After-Hours Volume Surge: Sun & Altera (JAVA, ALTR)

Sun Microsystems Inc. (NASDAQ: JAVA) rocketed after-hours after the company managed to issue better than expected guidance of $0.25 to $0.35 non-GAAP EPS on $3.725 to $3.8 Billion in revenues, compared to estimates of $0.27 EPS and $3.24 Billion in revenues. With more than 60 million shares short and with fresh 52-week lows day after [...]