SI
SI
discoversearch

 Technology Stocks | Wennerstrom Semi Equipment Analysis


Previous 10 | Next 10 
To: Return to Sender who wrote (55974)4/17/2012 12:21:13 AM
From: Sam
1 Recommendation   of 65127
 
partially OT, but an interesting read on how tablets are being used as POS systems in retail businesses like restaurants and the cloud. Although, really, I don't see why they have to use a cloud, seems to me that an in-house server would do as well. I suppose there would be more in-house maintenance necessary for that, but better security.


How the iPad Is Revolutionizing Local Businesses
By Dan Rowinski / April 16, 2012 1:00 PM / 3 Comments


This post is part of our ReadWriteMobile channel, which is dedicated to helping its community understand the strategic business and technical implications of developing mobile applications. This channel is sponsored by Alcatel-Lucent.




It was dinner at a fancy restaurant in Boston. After the last sip of Scotch was polished off, the waiter came over with the check... and an iPad. It was to take a survey about the quality of service, but it just as easily could have been used to pay the bill.

Tablets, especially Apple's iPad, are increasingly finding homes in restaurants and local businesses. They are changing how businesses conduct transactions and receive customer feedback. In a data-driven world, Main Street retailers are on the verge of a significant evolution.


Disrupting the Point of Sale

You have seen it before. You make an order at your local coffee shop or restaurant, or buy an item from a local merchant. The server or cashier punches a couple buttons on a static touchscreen, runs your debit card and hands you a receipt. Using these Point-of-Sale (POS) systems is now so common that consumers pretty much take them for granted.

The people who own the businesses do not take them for granted. They often have a lot of money invested in them. The top POS vendors, such as Aloha, Micros and POSitouch, charge thousands of dollars to restaurants and retailers to set up and maintain these systems. For a restaurant that seats 100 people, the owners likely paid anywhere from $8,000 to $20,000 to set up three or four terminals. The more amenities that the local business wants, the more POS vendors will gouge its pocketbooks.



Beyond the tremendous cost, most of these POS systems are horribly out of date. Many of them run on Microsoft's .NET architecture and are prone to all of the same hiccups that any Windows PC will face over the course of its life.

Restaurant owners likely do not care how technologically out-of-date their POS systems are, as long as they work. According to Phil Beauregard from Boston-based Objective Logistics, the entire culinary industry tends to be about five to seven years behind technology trends.

"When they first came out, they were essentially glorified cash registers," Beauregard said. "The [POS industry] has mimicked the entire PC industry."

Like the PC industry, the POS sector is about to see a major change in how businesses are interacting with technology. "Everything is getting untethered," Beauregard said.

The Evolution: Mobile + Cloud

"When you are carrying around a tablet, you are carrying a gateway to the cloud," said Nebula CEO and former NASA CTO Chris Kemp in an interview last year.

The fundamental thing to know about mobile technology is that its primary computing power is done in the cloud. Yes, chip sets have gotten smaller, cameras are more compact and powerful, and batteries are more efficient than they used to be, but the biggest driver of mobile technology is the ability to offload the actual data and computing power to the cloud.

This is something that innovators and enterprises have known for some time. The average small business owner? Not so much.

"Cloud computing" is like an abstract theory to most people. They know the term, they kind of know what it does, but the full meaning of the cloud is lost on them. For the most part, they do not care. Consumers just want things to work. Local businesses just want them to work, but also be cost efficient.

This is where tablets are poised to disrupt the entire POS industry. They are cheap, collect data on customers' purchases and make that data easily accessible across any type of computing system. They can be used to make payments, take surveys, provide coupons and notify consumers of offers.

The best part for local businesses: Tablets are a lot cheaper than traditional POS systems.

"For all new restaurant businesses, they'll seriously evaluate some form of tablet as their POS. New locations of existing restaurants will probably stick with whatever tech they've got, but all brand-new businesses are going to be taking a hard look at the cheap/portable nature of an iPad or Android tablet solution," said Seth Priebatsch, CEO of Boston-based SCVNGR, which provides a mobile payment tool called LevelUp.

The leader in the charge to turn the iPad into the new era of POS terminal is San Francisco-based Square. The company that released the original dongle for smartphones to swipe credit cards has also created an iPad app called the Square Register. It has the ability to turn an iPad into a POS system that works as well or better than anything from the traditional POS vendors. As a standalone product, the Square Register is a great option for local boutiques or coffee houses, where all that is needed is the ability to make transactions and provide receipts.

According to Square spokesperson Aaron Zamost, 75% of small businesses will buy a tablet this year. Only 6% of retailers said they haved used a mobile POS device, but half of survey respondents panned to adopt such devices over the next 18 months.

Restaurants are another matter. When a server takes an order, that information needs to go to several different places within the establishment. Chefs need the ticket to know when and what to make (cooks call these "duckets"). Bartenders need the tickets to coordinate with the server on what drinks need to be made. In a restaurant, communication is vital and often that is handled through the POS system.

The Square Register does not yet fulfill all the needs of such an establishment. But other companies are working to turn the iPad into a fully functional POS system for restaurant use.

San Francisco-based Revel features a full suite of products designed to turn iPads into an effective POS system - including employee logins, order taking, payment processing and "cook view" for the duckets. It has customer relationship management (CRM) features and real-time reporting and inventory control. These are all capabilities a traditional POS could offer, but Revel does it for a third of the price, about $1,500 per iPad and a $100/month cloud service fee. Other services, like E La Carte, provide custom-built tablets without an upfront installation fee.



Image: Revel iPad POS

Untethered, Unplugged & Disrupted

In the chain of innovation, we are not talking about anything extraordinarily drastic. iPads have been around for three years now and the concept of cloud computing has been around much longer. The confluence of mobile and cloud technology has invaded enterprise organizations over the last couple of years and it is now starting to trickle down to the Main Street level. Smart startups have looked at the middle class of American businesses and seen that it is ripe for the plucking.

Square recognized it first, but any company focused on marketing, payments, offers and infrastructure will soon see that there are billions of dollars at stake.

Are you a local business owner? What do you use for a POS system? A classic register, a touch-based terminal or some type of mobile device? Let us know in the comments.

Share Recommend | Keep | Reply | Mark as Last Read | Read Replies (1)

To: robert b furman who wrote (55973)4/17/2012 11:43:41 AM
From: Gottfried
   of 65127
 
Bob, another indicator? "Convenience store beer sales hit $16.7 billion"

marketwatch.com 

Share Recommend | Keep | Reply | Mark as Last Read | Read Replies (1)

To: Gottfried who wrote (55976)4/17/2012 11:46:17 AM
From: robert b furman
1 Recommendation   of 65127
 
SHEESH,

I've got to cut back - I didn't think it would show up.LOL

Nice rally into earnings - they always scare me.g/ng

At least it pulled back before.

Wondering how 2 % increase in PC sales from Q4 to Q1 fares historically - anemic?

Bob

Share Recommend | Keep | Reply | Mark as Last Read


To: Sam who wrote (55975)4/17/2012 12:09:33 PM
From: Kirk ©
   of 65127
 
"After the last sip of Scotch was polished off, the waiter came over with the check... and an iPad. It was to take a survey about the quality of service, but it just as easily could have been used to pay the bill."

About the LAST thing I want to do after eating is touch something else that thousands have touched after putting their hands to their mouths.... It is amazing how fewer colds I get since we started washing our hands after reading menus and ordering and again after paying the bill in the dirty bill carrier.

I'd take the survey if they give me 10% off.... otherwise... less than 20% tip means service not excellent for what they charge for a meal...

Share Recommend | Keep | Reply | Mark as Last Read

From: Donald Wennerstrom4/17/2012 6:15:46 PM
   of 65127
 
Cree 3Q Net Off 50% On Top-Line Miss; 4Q View Weak


4:39 PM ET 4/17/12 | Dow Jones
DOW JONES NEWSWIRES

Cree Inc.'s (CREE) fiscal third-quarter profit fell 50% on higher overhead costs and weaker-than-expected sales.

For the current quarter, the manufacturer forecast a downbeat adjusted per-share profit between 20 cents and 26 cents, with $295 million to $315 million of revenue. Analysts polled by Thomson Reuters were looking for 28 cents and $323 million, respectively.

Shares were off 8.2% at $29.27 in recent after-hours trading. The stock was up 45% since the start of the year through Tuesday's close.

The maker of light-emitting diodes and electric components has posted weaker results in recent quarters on softer demand and a glut in the LED market. As a result, Cree recently halved the cost of its LED streetlights in hopes the lower prices will sway local governments to adopt the new technology.

Chairman and Chief Executive Chuck Swoboda said that backlog was stronger than it was a year ago and that many of its segments were tracking ahead of the fiscal second-quarter.

For the quarter ended March 25, the company reported a profit of $9.5 million, or 8 cents a share, down from $18.9 million, or 17 cents a share, a year earlier. Excluding certain items, earnings fell to 20 cents from 27 cents. Revenue increased 30% to $284.8 million.

The company in January projected 18 cents to 25 cents a share in earnings on revenue of $290 million to $310 million.

Gross margin narrowed to 34.9% from 41.7% due to higher revenue costs. Overhead expenses climbed 33%.

Share Recommend | Keep | Reply | Mark as Last Read

From: Gottfried4/17/2012 7:58:04 PM
1 Recommendation   of 65127
 
bpNDX stays 74%

Apr03 Apr04 Apr05 Apr09 Apr10 Apr11 Apr12 Apr13 Apr16 Apr17



AAPL AAPL AAPL AAPL
ADBE ADBE ADBE ADBE
ADP ADP ADP ADP AAPL
ADSK ADSK ADSK ADSK ADBE
AKAM AKAM AKAM AKAM ADP AAPL AAPL
ALTR ALTR ALTR ALTR ADSK ADBE ADBE AAPL
ALXN ALXN ALXN ALXN AKAM ADP ADP ADBE
AMAT AMAT AMAT AMAT ALTR ADSK ADSK ADP
AMGN AMGN AMGN AMGN ALXN AKAM AKAM ADSK ADBE ADBE
AMZN AMZN AMZN AMZN AMAT ALTR ALTR AKAM ADP ADP
ATVI ATVI ATVI ATVI AMGN ALXN ALXN ALTR ADSK ADSK
AVGO AVGO AVGO AVGO AMZN AMAT AMAT ALXN AKAM AKAM
BBBY BBBY BBBY BBBY ATVI AMGN AMGN AMAT ALTR ALTR
BIDU BIDU BIDU BIDU AVGO AMZN AMZN AMGN ALXN ALXN
BIIB BIIB BIIB BIIB BBBY ATVI ATVI AMZN AMAT AMAT
BMC BMC BMC BMC BIDU AVGO AVGO ATVI AMGN AMGN
BRCM BRCM BRCM BRCM BIIB BBBY BBBY AVGO AMZN AMZN
CA CA CA CA BMC BIDU BIDU BBBY ATVI ATVI
CELG CELG CELG CELG BRCM BIIB BIIB BIDU AVGO AVGO
CERN CERN CERN CERN CA BMC BMC BIIB BBBY BBBY
CHKP CHKP CHKP CHKP CELG BRCM BRCM BMC BIDU BIDU
CMCSA CMCSA CMCSA CMCSA CERN CA CA BRCM BIIB BIIB
COST COST COST COST CHKP CELG CELG CA BMC BMC
CSCO CSCO CSCO CSCO CMCSA CERN CERN CELG BRCM BRCM
CTSH CTSH CTSH CTSH COST CHKP CHKP CERN CA CA
CTXS CTXS CTXS CTXS CSCO CMCSA CMCSA CHKP CELG CELG
DELL DELL DELL DELL CTSH COST COST CMCSA CERN CERN
DLTR DLTR DLTR DLTR CTXS CSCO CSCO COST CHKP CHKP
DTV DTV DTV DTV DELL CTSH CTSH CSCO CMCSA CMCSA
EBAY EBAY EBAY EBAY DLTR CTXS CTXS CTSH COST COST
ESRX ESRX ESRX ESRX DTV DELL DELL CTXS CSCO CSCO
EXPD EXPD EXPD EXPD EBAY DLTR DLTR DELL CTSH CTSH
EXPE EXPE EXPE EXPE ESRX DTV DTV DLTR CTXS CTXS
FAST FAST FAST FAST EXPD EBAY EBAY DTV DELL DELL
FFIV FFIV FFIV FFIV EXPE ESRX ESRX EBAY DLTR DLTR
FISV FISV FISV FISV FAST EXPD EXPD ESRX DTV DTV
FLEX FLEX FLEX FLEX FFIV EXPE EXPE EXPD EBAY EBAY
FOSL FOSL FOSL FOSL FISV FAST FAST EXPE ESRX ESRX
GILD GILD GILD GILD FLEX FFIV FFIV FAST EXPD EXPD
GOOG GOOG GOOG GOOG FOSL FISV FISV FFIV EXPE EXPE
GRMN GRMN GRMN GRMN GILD FLEX FLEX FISV FAST FAST
HSIC HSIC HSIC HSIC GOOG FOSL FOSL FLEX FFIV FFIV
INFY INFY INFY INFY GRMN GILD GILD FOSL FISV FISV
INTC INTC INTC INTC HSIC GOOG GOOG GILD FLEX FLEX
INTU INTU INTU INTU INFY GRMN GRMN GOOG FOSL FOSL
ISRG ISRG ISRG ISRG INTC HSIC HSIC GRMN GILD GILD
KLAC KLAC KLAC KLAC INTU INFY INFY HSIC GRMN GRMN
LIFE LIFE LIFE LIFE ISRG INTC INTC INTC HSIC HSIC
LINTA LINTA LINTA LINTA KLAC INTU INTU INTU INTC INTC
LLTC LLTC LLTC LLTC LIFE ISRG ISRG ISRG INTU INTU
LRCX LRCX LRCX LRCX LINTA KLAC KLAC KLAC ISRG ISRG
MAT MAT MAT MAT LLTC LIFE LIFE LIFE KLAC KLAC
MCHP MCHP MCHP MCHP LRCX LINTA LINTA LINTA LIFE LIFE
MNST MNST MNST MNST MAT LLTC LLTC LLTC LINTA LINTA
MRVL MRVL MRVL MRVL MCHP LRCX LRCX LRCX LLTC LLTC
MSFT MSFT MSFT MSFT MNST MAT MAT MAT LRCX LRCX
MU MU MU MU MRVL MCHP MCHP MCHP MAT MAT
MXIM MXIM MXIM MXIM MSFT MNST MNST MNST MCHP MCHP
MYL MYL MYL MYL MU MRVL MRVL MRVL MNST MNST
NFLX NFLX NFLX NFLX MXIM MSFT MSFT MSFT MRVL MRVL
NTAP NTAP NTAP NTAP MYL MU MU MU MSFT MSFT
NUAN NUAN NUAN NUAN NTAP MXIM MXIM MXIM MU MU
NWSA NWSA NWSA NWSA NUAN MYL MYL MYL MXIM MXIM
ORLY ORLY ORLY ORLY NWSA NTAP NTAP NTAP MYL MYL
PAYX PAYX PAYX PAYX ORLY NUAN NUAN NUAN NUAN NUAN
PCAR PCAR PCAR PCAR PAYX NWSA NWSA NWSA NWSA NWSA
PCLN PCLN PCLN PCLN PCAR ORLY ORLY ORLY ORLY ORLY
PRGO PRGO PRGO PRGO PCLN PAYX PAYX PAYX PAYX PAYX
QCOM QCOM QCOM QCOM PRGO PRGO PRGO PRGO PRGO PRGO
ROST ROST ROST ROST QCOM QCOM QCOM QCOM QCOM QCOM
SBUX SBUX SBUX SBUX ROST ROST ROST ROST ROST ROST
SIAL SIAL SIAL SIAL SBUX SBUX SBUX SBUX SBUX SBUX
SPLS SPLS SPLS SPLS SIAL SIAL SIAL SIAL SIAL SIAL
STX STX STX STX SPLS SPLS SPLS SPLS SPLS SPLS
TEVA TEVA TEVA TEVA STX STX STX STX STX STX
VOD VOD VOD VOD TEVA TEVA TEVA TEVA TEVA TEVA
VRSN VRSN VRSN VRSN VOD VOD VOD VOD VOD VOD
WCRX WCRX WCRX WCRX VRSN VRSN VRSN VRSN VRSN VRSN
WFM WFM WFM WFM WFM WFM WFM WFM WFM WFM
WYNN WYNN WYNN WYNN WYNN WYNN WYNN WYNN WYNN WYNN
XLNX XLNX XLNX XLNX XLNX XLNX XLNX XLNX XLNX XLNX
XRAY XRAY XRAY XRAY XRAY XRAY XRAY XRAY XRAY XRAY

Share Recommend | Keep | Reply | Mark as Last Read | Read Replies (1)


To: Gottfried who wrote (55980)4/17/2012 8:01:09 PM
From: Gottfried
2 Recommendations   of 65127
 
5 new 52 week NDX highs
		
04/17/2012
Open High Low Close Volume
DLTR 96.99 98.47 96.58 98.21 1128103
INTC 28.45 28.78 28.41 28.47 61181392
ORLY 95.46 95.8 94.55 95.54 608052
VRSN 40.81 42.07 40.67 41.89 2855315
XRAY 39.96 40.57 39.85 40.41 781657

NO new 52 week NDX low

Share Recommend | Keep | Reply | Mark as Last Read | Read Replies (1)

To: Gottfried who wrote (55981)4/17/2012 8:31:52 PM
From: Return to Sender
1 Recommendation   of 65127
 
From Briefing.com: 4:15 pm : Equities finished near their best levels of the session as enthusiastic investors gobbled up shares after Spain was able to successfully raise EUR3.2 billion through the sale of 12- and 18-month bills. The auctions were met with robust investor demand despite the rise in yields, and shelved contagion fears for the time being. Today’s gains came despite disappointing housing starts and industrial production data which both missed market expectations.

Futures firmed up ahead of the opening bell after Coca-Cola, Goldman Sachs, and Johnson & Johnson all reported better than expected results.

Coca-Cola (KO 73.95, +1.51) rallied after the company announced better than expected earnings of $0.89 per share on revenues of $11.14 billion. The company had robust volume growth in emerging markets as India (+20%), China (+9%), and Brazil lead the way. However, the company warned the European financial crisis and slowdown in China may impact sales in those economies in the coming quarters.

Shares of Goldman Sachs (GS 116.86, -0.87) slipped 0.7%. Weakness comes after the company announced beat on both its top and bottom lines, announcing earnings per share of $3.92 on revenues of $9.95 billion. Annualized return on average common shareholders’ equity was 12.2% for the first quarter. Today’s selling comes after the stock ran into resistance at its 50-day moving average.

Johnson & Johnson (JNJ 64.22, +0.24) pared its early losses and finished the day with a 0.4% gain. The company announced earnings per share of $1.37 which was $0.03 better than the Capital IQ Consensus Estimate, and said revenues fell 0.2% year over year to an in-line $16.14 billion. Domestic sales for the company fell 2.2% while international sales declined 2.5% on an operational increase of 0.4% and a negative currency impact of 2.9%.

European financials saw strong gains on the heels of this morning’s Spanish bill auctions. Deutsche Bank (DB 46.31, +1.92) and Barclays (BCS 14.09, +0.53) both saw gains in excess of 3.5% while Spain's Banco Santander (STD 6.55, +0.12) underperforming with a 1.9% advance.

Apple (AAPL 609.70, +29.57) surged 5.1% after some early selling dropped the stock to a low of $571.91. Buyers emerged following five days of losses in which the stock dropped more than 9%. The company is scheduled to report its quarterly earnings on April 24.

Treasuries finished near session lows, but losses were rather contained as the long bond’s 0.4% decline to 99 12/32 paced the selling. The 10-yr yield ticked back above 2.00%, finishing at 2.009%. Steepening occurred along the yield curve as the 2-10-yr spread widened to 174 basis points.

Tomorrow’s data is limited to the weekly MBA Mortgage Index which is due out at 7 am ET.DJ30 +194.13 NASDAQ +54.42 SP500 +21.21 NASDAQ Adv/Vol/Dec 1939/1.49 bln/602 NYSE Adv/Vol/Dec 2352/709.8 mln/698

5:07PM Linear Tech reports EPS in-line, revs in-line; guides Q4 revs in-line (LLTC) 33.15 +0.64 : Reports Q3 (Mar) earnings of $0.42 per share, in-line with the Capital IQ Consensus Estimate consensus of $0.42; revenues fell 11.6% year/year to $312.4 mln vs the $312.38 mln consensus. Co issues in-line guidance for Q4, sees Q4 revs growth of 4-8% sequentially, which equates to ~$324.9-337.4 mln vs. $328.95 mln Capital IQ Consensus Estimate. "Given the improvement in our bookings and the broad distribution of this strength across all our major end-markets, we are estimating that we will again grow quarterly revenues sequentially in the 4-8% range in our Q4. We also expect operating income and operating margin to improve." "

4:16PM IBM beats by $0.15, reports revs in-line; guides FY12 EPS above consensus (IBM) 207.45 +4.73 : Reports Q1 (Mar) earnings of $2.78 per share, $0.15 better than the Capital IQ Consensus Estimate of $2.63; revenues rose 0.4% year/year to $24.7 bln vs the $24.81 bln consensus. Co issues upside guidance for FY12, sees EPS of at least $15.00 vs. $14.90 Capital IQ Consensus Estimate; prior guidance was for "at least $14.85". IBM reports Q1 GAAP gross margins of 45.1%; Street Expectations approx 45.3%. Net income margin increased 0.8 points to 12.4 percent. Total operating (non-GAAP) net income margin increased 1.1 points to 13.2%.

Global Technology Services segment revenues increased 2 percent (up 3 percent, adjusting for currency) to $10.0 billion. Global Business Services segment revenues were down 2 percent (down 1 percent, adjusting for currency) to $4.6 billion.

IBM's tax rate was 20.1 percent, down 4.9 points year over year; operating (non-GAAP) tax rate was 20.6 percent, down 4.4 points. The lower tax rate was due to a one-time benefit associated with a tax restructuring in Latin America. The benefit offset the company's first-quarter workforce rebalancing expense, similar to first-quarter 2011 when a one-time gain from asset sales offset workforce rebalancing expenses. The company expects its full-year 2012 effective tax rate on a GAAP and operating (non-GAAP) basis to be in the range of 24 percent; and excluding the one-time benefit in the first quarter, the rate is expected to be in the range of 25 percent.

"In the first quarter, we drove strong profit and earnings per share growth. We delivered another excellent software performance, expanded services margins, and continued the momentum in our growth initiatives... Our investments in growth market countries continued to generate strong revenue growth across software, hardware and services while contributing to the company's ongoing margin expansion."

4:12PM Intel beats by $0.03, reports revs in-line; guides Q2 revs in-line (INTC) 28.47 +0.07 : Reports Q1 (Mar) earnings of $0.56 per share, excluding non-recurring items, $0.03 better than the Capital IQ Consensus Estimate of $0.53; revenues rose 0.5% year/year to $12.91 bln vs the $12.84 bln consensus. PC Client Group revenue of $8.5 billion, down 7 percent QoQ. Data Center Group revenue of $2.5 billion, down 10 percent QoQ. Other Intel architecture group revenue of $1.1 billion, down 2% QoQ. Co issues in-line guidance for Q2, sees Q2 revs of $13.1-14.1 bln vs. $13.41 bln Capital IQ Consensus Estimate; with non-GAAP gross margin of 63% plus or minus a couple percentage points; co sees FY12 GM 65%, +/- a couple percentage points.

4:07PM Seagate Tech beats by $0.54, beats on revs (STX) 27.89 -0.63 : Reports Q3 (Mar) earnings of $2.64 per share, excluding non-recurring items, $0.54 better than the Capital IQ Consensus Estimate of $2.10; revenues rose 65.1% year/year to $4.45 bln vs the $4.36 bln consensus. Gross margin came in at 37% vs 31.6% in DecQ. Note, co usually guides on the call, which starts at 6pm ET.

4:03PM Cree misses by $0.01, misses on revs; guides Q4 EPS below consensus, revs below consensus (CREE) 31.90 +0.98 : Reports Q3 (Mar) earnings of $0.20 per share, $0.01 worse than the Capital IQ Consensus Estimate of $0.21; revenues rose 29.9% year/year to $284.8 mln vs the $300.57 mln consensus. Co issues downside guidance for Q4, sees EPS of $0.20-0.26, excluding non-recurring items, vs. $0.28 Capital IQ Consensus Estimate; sees Q4 revs of $295-315 mln vs. $323.61 mln Capital IQ Consensus Estimate; sees GAAP gross margin targeted to be 35% +/- and non-GAAP gross margin targeted to be 36% +/-; Operating expenses are targeted to increase by +/- $5 million on a GAAP basis and +/- $4 million on a non-GAAP basis. The tax rate is targeted at 13.0% for fiscal Q4.

4:02PM Intel earnings mover: INTC initially spikes to new multi-year highs @ 29.30, now trading modestly lower on Q1 earnings results (INTC) 28.47 :

4:02PM Aehr Test Systems regains compliance with NASDAQ minimum bid price rule (AEHR) 1.45 +0.20 :

4:01PM Flextronics awarded AS9100C aerospace and defense quality certification at three U.S. facilities (FLEX) 7.08 +0.20 : Co announced that three of its U.S. facilities located in Charlotte, North Carolina; Austin, Texas; and Milpitas, California, have separately received certification under the AS9100C aerospace and defense quality standard.

Research In Motion (RIMM) announced that BlackBerry Mobile Voice System 5.1 now supports OpenScape Voice V6 from Siemens (SI) Enterprise Communications. The solution allows customers to access desk phone functionality on their BlackBerry smartphone.

TranSwitch Corp. (TXCC) announced that its HDplay 44143 dual-mode HDMI/DisplayPort transceiver has been selected by Grandbeing for its MS0501-N003 3D Video switch.

9:00AM MIPS Tech: China's SICMicro selects MIPS Technologies' processor IP for new set-top box chip (MIPS) 6.28 : Co announces that SICMicro selected MIPS32 processor cores for the new generation of its highly-secure decoder SoCs for China's rapidly-growing ABS-S set-top box market. ABS-S is the direct-to-home technology for satellite transmission in China, supporting broadcast, data distribution and interactive services.

8:03AM First Solar (halted -- will resume trade at 8:30) restructures operations; cuts 30% of workforce, closes German manufacturing facility, indefintely idles four lines in Maylasia (FSLR) 20.82 : Co is restructuring its operations in response to deteriorating market conditions in Europe and to reduce costs and align its organization with sustainable market opportunities. As part of this program, First Solar will close its manufacturing operations in Frankfurt (Oder), Germany, in 4Q12. Additionally, the co will indefinitely idle four production lines at its manufacturing center in Kulim, Malaysia, on May 1, 2012. These actions, combined with other personnel reductions in Europe and the U.S., will reduce First Solar's global workforce by approximately 2,000 positions, about 30 percent of the total. The restructuring initiatives are expected to reduce First Solar's costs by $30-60 million this year and $100-120 million annually going forward. In addition, the co's average manufacturing cost is expected to improve to $0.70-$0.72 per watt in 2012 as a result of the changes, below prior expectations of $0.74 per watt. In 2013 the co estimates average module manufacturing costs will range from $0.60 to $0.64 per watt. To achieve these significant cost savings, the Company will record restructuring and other related charges of $245-370 million, of which $80-120 million are cash expenditures. First Solar expects to incur these charges primarily during the first quarter of 2012 and the rest over the course of this year... In addition, First Solar has voluntarily paid down ~$145 million of debt ahead of schedule in 2012, which represents repayment in full for outstanding amounts under the Company's German loan agreement.

Share Recommend | Keep | Reply | Mark as Last Read

From: Return to Sender4/17/2012 9:45:55 PM
2 Recommendations   of 65127
 
It's interesting that today's rally was not on higher volume. That leaves it somewhat questionable to me. I watched part of Cramer on Mad Money tonight where he was suggesting that the recent action in the VIX had not indicated any incumbent rise of volatility ahead. Why? Because it did not print a higher high recently:




True but we actually have more than one volatility index. The VXN and the VXO which once was the old VIX have printed higher highs after higher lows:






Bottom line to me is that trends change over time. There usually is not a single event, or indicator that tips us off to when they are changing, but to say that volatility is not flashing a potential change based on the action of the VIX alone is not fair. Worse yet is that it may be inaccurate.

Share Recommend | Keep | Reply | Mark as Last Read


From: Gottfried4/18/2012 12:43:12 AM
1 Recommendation   of 65127
 
worth a read "The three worst-timed deals of the dot-com bust"
April 17, 2012, 12:48 PM
By Cody Willard

Reading what Mark Zuckerberg had to say last week about Facebook's purchase of Instagram took me back. Thirteen years back to 1999."

blogs.marketwatch.com 

Cody juxtaposes what they said then [pre dotcom bust] and what they're saying now [a billion for instagram]

Share Recommend | Keep | Reply | Mark as Last Read | Read Replies (1)
Previous 10 | Next 10 

Copyright © 1995-2014 Knight Sac Media. All rights reserved.Stock quotes are delayed at least 15 minutes - See Terms of Use.