SunPower Slows, But Obama’s Stimulus Should Help

After quarters of stellar growth, SunPower (NADSAQ:SPWRA) too seems to have been hit by the economic meltdown, and its earlier confidence in meeting projected numbers has wavered. In the recently announced Q1 results, revenues of $214 million fell by 22% over the year and came in far short of the market’s expected $269 million. EPS of

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Dell Needs A Growth Market

As the global recession continues to affect the sales of computers, leading computer manufacturer Dell (Nasdaq: DELL) with annual revenue of $61.1 billion yesterday reported 63% dip in its first quarter profit with PC sales declining 34%. Let us take a closer look.

SanDisk, Seagate Stocks Recovering

Earlier this week, SanDisk Corp. (NASDAQ:SNDK), the leading flash memory chipmaker with annual revenue of $3.35 billion, renewed its patent licensing agreement with Samsung that was to expire in August of this year. Last year, Samsung was trying to acquire SanDisk, which is struggling with huge losses. Also last year, there was speculation that Seagate

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ADP and Intuit Should Acquire Some SaaS

Last week, Intuit (NASDAQ:INTU) the leading accounting and tax software maker with annual revenue of $3.1 billion, reported a strong third quarter in which it beat estimates, driven by strong sales in Consumer Tax and growth in the small business customer base despite the tough economy. In the past few weeks there have been expressions of

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EMC, VMWare Steady

EMC (NYSE:EMC) and VMWare (NYSE:VMW) recently announced their quarterly results. While they failed to meet some expectations, both companies’ managements were reasonably happy with their performances in this poor economy.

Comcast Goes Digital

Comcast (NASDAQ:CMCSA) was optimistic last quarter about its performance in the troubled economy, and the recently announced Q1 results are proof that this optimism wasn’t entirely unfounded. Q1 revenues of $8.84 billion grew 5% over the year and beat the market’s expected $8.76 billion. EPS of $0.27 was higher than the Street’s expected $0.23 and grew

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Networking Sector: Changing Landscape

Early in the month, Cisco said that the networking industry is showing signs of stabilizing despite an 18% slump in sales. 3Com too has been showing signs of pulling off a turnaround. Nortel, however, filed for bankruptcy earlier this year. And Brocade is likely an acquisition target. Let’s now analyze the performance of the remaining

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Online Travel Retrospective For Q1

The online travel majors recently announced impressive quarterly results for these troubled times. Priceline regained lost ground in terms of valuation and revenue growth and Expedia gained market share, but Orbitz continued to flounder.