Newspapers Struggling: GCI, NYT, MNI

Poor economic conditions are plaguing all industries and companies alike. In late October several newspaper stocks announced their Q3 results, and, as in Q2 of this year, all of them turned in a disappointing performance. Given that during Q3 viewership was up on account of the US presidential campaigns and the Beijing Olympics, the results were positively

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TiVo Changing Strategy

TiVo Inc. (Nasdaq: TIVO), the pioneer in digital video recorders (DVRs) with annual revenue of $120.4 million, reported Q3 results yesterday that beat earnings estimates due to litigation damages received from digital media equipment company EchoStar. This short-term boost, however, will not be enough to help TiVo gain market share as it moves beyond the

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HP Demonstrates Strength

Hewlett-Packard announced strong fourth quarter and fiscal year 2008 results driven by terrific cost control and strength in the HP Services segment, which was helped by the EDS acquisition.

SaaS Acquisitions Recommended For ADP and Intuit

In a recent Automatic Data Processing (ADP) National Employment report, ADP reported a drop of 157,000 jobs, the biggest decline the company has seen since November 2002. With the economic slump becoming more severe, job cuts have spread from automakers, financial and housing-related companies to retailers and other services. ADP and Intuit both also recently

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Autodesk Long-Term Hold

Leading 2D and 3D design software maker Autodesk (ADSK) announced their Q3 results yesterday. The stock might have taken a beating yesterday to close at $16.82 and is now hovering around $13.17, but the company’s performance makes me remain bullish on it.

Dell Should Do SmartPhone Acquisition

Dell Inc (Nasdaq: DELL), the No.2 PC vendor with annual revenue of $61 billion, reported its third quarter results yesterday. Though slowdown in IT spending and demand saw its revenue decline and miss estimates, Dell’s cost-cutting measures have boosted its earnings, beating expectations. Last quarter, Dell beat revenue estimates but missed earnings estimates. This quarter the

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Carriers Roundup: AT&T, Verizon, Sprint, T-Mobile

The wireless race is heating up: AT&T acquired two companies in a week earlier this month, Verizon got the green light for its Alltel acquisition and T-Mobile launched the Android phone with Google. Let’s take a look at the recent performances of the major wireless carriers, AT&T, Verizon, Sprint and T-Mobile.

Media Stocks: Disney, Time Warner

The Walt Disney Company (DIS) had been exceeding market expectations over the past few quarters. However, the recently announced quarterly results showed that Disney is one more company that is not immune to the recession and decline in consumer confidence.