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Zacks Analyst Blog Highlights: Dell Inc., Berkshire Hathaway, Burlington Northern Santa Fe Corporation, JPMorgan Chase and Wells Fargo – Press Releases

Zacks Market Commentaries (November 23rd, 2009) Writes:

For Immediate Release

Chicago, IL – November 23, 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: Dell Inc. (DELL), Berkshire Hathaway (BRK.A), Burlington Northern Santa Fe Corporation (BNI), JPMorgan Chase (JPM) and Wells Fargo (WFC).

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:

Dell Falls Short of Expectations

Dell Inc. (DELL) reported third quarter 2010 EPS of 23 cents, below the Zacks Consensus Estimate of 27 cents.

Revenue for the quarter was $10.75 billion, down 17.0% from $12.97 billion reported in the year-ago quarter and up

...

Dell Falls Short of Expectations – Analyst Blog

Zacks Market Commentaries (November 20th, 2009) Writes:
Dell Inc. (DELL) reported third quarter 2010 EPS of 23 cents, below the Zacks Consensus Estimate of 27 cents. Revenue Revenue for the quarter was $10.75 billion, down 17.0% from $12.97 billion reported in the year-ago quarter and up 1.0% from $10.62 billion reported in the previous quarter. The company’s third quarter reported revenue was adversely affected by the timing of the Windows 7 launch and due to backlog buildup in the company’s SMB and consumer businesses. Revenue by Segment Large Enterprise posted revenue of $3.4 billion, an increase of 4.0% sequentially and decline of 23.0% year-over-year. In the last quarter, the company expended its networking partnership with Brocade and Juniper, and introduced products like PowerEdge 11g servers and expanded PowerVault storage systems. Public revenue for the quarter was $3.7 billion, down 3.0% on sequentially and 7.0% from the year-ago quarter. Shipments were ...

LSI’s Q3 Profit Swells – Analyst Blog

Zacks Market Commentaries (October 29th, 2009) Writes:

LSI Corp. (LSI) yesterday reported revenues of $578 million in the third quarter, down 19% year over year but up 11% sequentially. The sequential improvement in revenues was driven by increased shipments of mid range storage systems and server rated solutions. IT spending showed clear signs of improvement in the quarter as data centers needed to add storage capacity to meet demand for data storage in management while also taking advantage of newer server technology.

Semiconductor revenues came in at $371.6 million, up 8% sequentially but down 25.7% year over year. Storage Systems revenues came in at $206.6 million, up 16.8% sequentially but down 3.4% year over year.

Gross margins came in at 45.5%, an increase of 340 basis points from the previous quarter and exceeded management’s guidance range by 50 basis points.

Net income jumped to $119 million from a net income of $7 million in the previous quarter and

...

EMC Beats, Ups Guidance – Analyst Blog

Zacks Market Commentaries (October 23rd, 2009) Writes:

EMC Corp.’s (EMC) third quarter results exceeded the Zacks Consensus Estimates as well as the company’s own expectations. Although results were down from the year-ago period, there was sequential improvement due to cost-cutting efforts and a recovery in corporate IT spending.   Revenues of $3.52 billion for the quarter were above the Zacks Consensus Estimate of $3.48 billion. Although revenues declined 5.3% year over year, it increased 8% from last quarter. The revenue increase was above management’s expectation of a growth of 4% to 5% or between $3.32 billion to $3.36 billion.   The sequential revenue growth is mainly attributable to the continued focus on technology, increased execution efforts and operational efficiencies. Moreover, VMware (VMW), which is majority-owned by EMC, contributed third-quarter revenues of $489 million.   The year-over-year revenue decline was due to lower Product sales (62.6% of total revenue), which was down 11.7% from last year

...

LSI Ships New Product – Analyst Blog

Zacks Market Commentaries (September 28th, 2009) Writes:
LSI Corp. (LSI) has begun shipping samples of the industry's first 40-nanometer multi-interface physical layer (PHY) IP designed for notebook, desktop and enterprise hard disk drive (HDD) market segments.

Earlier this month, the company collaborated with Aricent to accelerate the deployment of its wireless and wireline networking infrastructure and enterprise networking systems.

The companies currently offer pre-integrated software stacks for multi-service business gateways that run on communications processors developed by LSI. They have now extended their collaboration to wireless and additional wireline infrastructure applications.

Headquartered in California, LSI designs, develops and markets complex high-performance semiconductors and storage systems. Aricent is a global innovation, technology and services company focusing exclusively on communications.

LSI and Aricent expect the pre-integration of their products to enable Original Equipment Manufacturers (OEMs) to reduce cost of developing products and marketing time by half. Telecom OEMs generally integrate software and hardware components from various suppliers in order to create

...

LSI Sees Better Times Ahead – Analyst Blog

Zacks Market Commentaries (September 16th, 2009) Writes:
LSI Corp. (LSI) recently said it would collaborate with Aricent to accelerate the deployment of its wireless and wireline networking infrastructure and enterprise networking systems.

The companies currently offer pre-integrated software stacks for multi-service business gateways that run on communications processors developed by LSI. They have now extended their collaboration to wireless and additional wireline infrastructure applications.

Headquartered in California, LSI designs, develops and markets complex high-performance semiconductors and storage systems. Aricent is a global innovation, technology and services company focusing exclusively on communications.

LSI and Aricent expect the pre-integration of their products to enable Original Equipment Manufacturers (OEMs) to reduce cost of developing products and marketing time by half. Telecom OEMs generally integrate software and hardware components from various suppliers in order to create next-generation systems for service provider networks. LSI expects that this collaboration will help it to provide pre-integrated, pre-optimized solutions to OEMs that reduce

...

Dell to Make Electronic Medical Records – Analyst Blog

Zacks Market Commentaries (September 11th, 2009) Writes:
Dell Inc. (DELL) recently said it would venture into the electronic medical records system business, which is used by doctors and hospitals. The device helps in storing medical records in a way that makes it easy to track the clinical history of patients from anywhere in the world without storing hard copies.

We believe the time is ideal for companies like Dell to enter this space as the federal government has granted around $19 billion in incentives to medical practitioners and hospitals. Electronic record-keeping software has huge prospects as most doctors currently use hard copies of medical records and the market is more or less recession proof.

Only 10% of American health care providers have adopted a full fledged electronic medical record system, so there is substantial growth potential in the segment. Dell is planning to combine its hardware with third-party software and provide services such as need

...

PennyOmega.com Stocks Upgraded, Downgraded and Short Highlights Before the Bell Monday August 31, 2009

Penny Omega (August 31st, 2009) Writes:

 

PennyOmega.com Hot Stock News & Alerts!

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Monday August 31, 2009

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Cadence Design Systems, Inc. (NASDAQ: CDNS), the leader in global electronic design innovation, and GLOBALFOUNDRIES Inc., a leading-edge semiconductor manufacturing company, today announced that the two companies have entered into a multi-year software and services agreement for advanced semiconductor design. As part of the agreement, GLOBALFOUNDRIES has adopted a comprehensive suite

...

Zacks Analyst Blog Highlights: Salesforce.com, Wal-Mart, Dell Inc., Google Inc. and Microsoft Corporation – Press Releases

Zacks Market Commentaries (August 7th, 2009) Writes:

For Immediate Release

Chicago, IL – August 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: Salesforce.com (CRM), Wal-Mart (WMT), Dell Inc. (DELL), Google Inc. (GOOG) and Microsoft Corporation (MSFT).

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 Thursday’s Analyst Blog:

CRM Focuses on Healthcare

Healthcare provides a good business opportunity to information technology companies, a fact reinforced by Salesforce.com (CRM). The company is investing in Practice Fusion, which is involved in the business of electronic health records, health policy, health information technology and consumer medical data topics. Salesforce.com

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CRM Focuses on Healthcare – Analyst Blog

Zacks Market Commentaries (August 6th, 2009) Writes:
Healthcare provides a good business opportunity to information technology companies, a fact reinforced by Salesforce.com (CRM). The company is investing in Practice Fusion, which is involved in the business of electronic health records, health policy, health information technology and consumer medical data topics. Salesforce.com will invest around $10.0 million for a marginal stake in the company, which will generate around $1.0 million of revenue a year for the company.   The cloud computing model introduced by Salesforce.com, uses online software solutions created by it. We believe that the advantages of the model are particularly applicable to the company’s clientele. In addition to the user-friendly interface, cloud computing typically lowers IT staff requirements. So medical practitioners and other professionals who prefer to manage the system on their own will find it particularly useful.   Under the new agreement, Practice Fusion’s EMR (electronic medical records product line) will be combined ...

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