Qualcomm Inc. (QCOM) reported mixed financial results for its fourth quarter of fiscal 2009. Quarterly revenue of $2.69 billion was down 19% year-over-year and was down 2% sequentially. This was primarily due to lower sales of the company’s wireless chipsets and other related technologies. Fourth quarter revenue was also below the Zacks Consensus Estimate of $2.71 billion. On a GAAP basis, quarterly net income was $803 million or 48 cents per share. This was down 9% year-over-year and also down 9% sequentially. Fourth quarter adjusted (excluding special items) EPS was also 48 cents, above the Zacks Consensus Estimate of 46 cents. Quarterly operating income was $597 million, down 55% year-over-year and down 33% sequentially. This was mainly due to a charge of $230 million related to an estimated fine expected to be levied by the Korea Fair Trade Commission and another $35 million charge resulting from the ...

For Immediate Release

Chicago, IL – October 7, 2009 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Qualcomm Inc. (QCOM), NTT DoCoMo (DCM), Apple Inc. (AAPL), Verizon Wireless (VZ) and Nokia Corp. (NOK).

Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=5513

Here are highlights from Tuesday’s Analyst Blog:

LTE Leading the Next Generation

Long-Term Evolution (LTE) technology is ahead in the race to be the most sought-after next-generation (4G) wireless network standard in the market. The 4G wireless networks are aiming to cope with substantial demand for high-speed wireless data services and mobile video.

The growing acceptance

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Long-Term Evolution (LTE) technology is ahead in the race to be the most sought-after next-generation (4G) wireless network standard in the market. The 4G wireless networks are aiming to cope with substantial demand for high-speed wireless data services and mobile video. The growing acceptance of LTE technology has prompted the mobile handset makers to develop phones that will be compatible with this network. Qualcomm Inc (QCOM), one of the key developers of OFDMA (Orthogonal Frequency Division Multiple Access) based chipsets has decided to introduce the trial version of LTE-compatible chipsets during the fourth quarter of 2009. Industry sources predicted that the first LTE handsets may arrive on the market in the second half of 2010, but these next-generation smart-phones may to go mass market by early 2012. NTT DoCoMo (DCM) will launch LTE handsets in 2011 compatible with its current 3G network, enabling the customers ...

For Immediate Release

Chicago, IL – September 14, 2009 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Sprint Nextel Corp. (S), AT&T (T), Verizon Wireless (VZ), Airvana Inc (AIRV) and Alcatel-Lucent (ALU).

Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=5513

Here are highlights from Friday’s Analyst Blog:

Femtocell - The Emerging Wave

Femtocell is quickly emerging as a fundamental technology enabler in the deployment of next-generation (3G/4G) wireless network infrastructure. A femtocell is a small cellular base station, typically designed for use in a residential or small business environment. This access point communicates to the wireless service

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Femtocell is quickly emerging as a fundamental technology enabler in the deployment of next-generation (3G/4G) wireless network infrastructure. A femtocell is a small cellular base station, typically designed for use in a residential or small business environment. This access point communicates to the wireless service providers’ network through a broadband connection.  Using femtocell, a wireless operator can improve both coverage and capacity especially in an indoor area where access would otherwise be limited or unavailable, in a highly cost effective way. This will reduce the carriers’ operating costs as well as capital expenditure.  The U.S. is likely to undergo a massive wave of 3G femtocell from the end of 2009. Sprint Nextel Corp. (S) is claiming that it will be the first telecom operators to introduce 3G femtocell in the U.S., beating AT&T (T) and Verizon Wireless (VZ). Although Sprint Nextel is providing 2G ...

The technology leader in high definition products and the world's no. 2 manufacturer of NAND flash memory chips, Toshiba Corp., plans to outsource a part of the production of its next-generation 28-nanometer (nm) system chips.

According to industry sources, the chips will be used in a wide range of electronics such as game consoles, digital cameras, flat panel TVs and other electronic gadgets starting in April 2010. To meet demand by that period, Toshiba will have to ramp up production. Its customers include IT giants like Apple (AAPL), which has already purchased $500 million worth flash memory chips from Toshiba.

Toshiba currently manufactures chips at its plant in Oita, southern Japan and plans to outsource to expand its production if capacity is insufficient.

According to sources, Toshiba is holding discussion with Singapore’s Chartered Semiconductor Manufacturing Ltd. (CHRT) and Advanced Micro Devices (AMD) to spin off Globalfoundries

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Dr Stock Pick HOT News & Alerts!

X-Treme Hot Stock Alert by DrStockPick.com

C, RMBS, BEHL, TIVO

 

Sunday September 6, 2009

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C, Citigroup, Inc.

C (Citigroup, Inc.) is a global financial services company, provides consumers, corporations, governments, and institutions with a range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, and wealth management.

The KIA (Kuwait Investment Authority) invested $3 billion in Citigroup (C) and $2 billion in Merrill Lynch when they needed cash following losses stemming from the credit crisis.

Kuwait’s sovereign wealth fund has no plans to sell in the near term stakes in Citigroup Inc.(C) and Merrill

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Guardian Technologies International, Inc. (OTCBB: GDTI) today announced that its Software Quality Assurance Team has completed all unit, component, integration, and systems tests of Signature Mapping TBDx? (TBDx?) in preparation for September clinical trials in South Africa. Under rigorous internal performance testing of 740 sputum slides, TBDx processed each slide in minutes while maintaining a consistently high bacilli detection level of over 90%, with false positives of less than 3%. In a global environment where sputum microscopy detection is only 20%-60% accurate and final results can take up to eight weeks, TBDx represents a diagnostic transformation towards automated detection of tuberculosis (TB). Further, the Signature Mapping platform can potentially be applied to all laboratory diagnostic procedures (i.e. malaria, leprosy, HIV, et

Nortel(1) (OTCBB:NRTLQ) Carrier VoIP and Application Solutions (CVAS) continues to receive recognition from leading analyst firms, Infonetics Research and Dell’Oro Group whose recently published reports rank Nortel as the global

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PennyOmega.com Stock Report!

PennyOmega.com Hot Stock News & Alerts!

 

Wednesday August 26, 2009

PennyOmega.com Stock Report!

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GeckoSystems Intl. Corp. (PINKSHEETS: GCKO) announced today that they have had substantive and confidential discussions with Dell Inc. regarding usage and high volume purchase of their low cost, low power netbook computers for their “Mobile Robot Solutions for Safety, Security and Service(TM).”

NuMobile, Inc. (OTCBB: NUBL) today announced the Company expects to increase its revenue forecast at the end of the third quarter. The Company had previously announced a $1 million revenue goal for its first year of operations. Yesterday, the Company announced entering into a letter of intent to acquire Enhance Network Communication, Inc. Enhance is headquartered in Cupertino,

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DrStockPick.com Stock Report!

Wednesday August 26, 2009

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GeckoSystems Intl. Corp. (PINKSHEETS: GCKO) announced today that they have had substantive and confidential discussions with Dell Inc. regarding usage and high volume purchase of their low cost, low power netbook computers for their “Mobile Robot Solutions for Safety, Security and Service(TM).”

NuMobile, Inc. (OTCBB: NUBL) today announced the Company expects to increase its revenue forecast at the end of the third quarter. The Company had previously announced a $1 million revenue goal for its first year of operations. Yesterday, the Company announced entering into a letter of intent to acquire Enhance Network Communication, Inc. Enhance is headquartered in Cupertino, California and

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