Fusion-io (FIO +0.2%) isn't for sale, states new CEO Shane Robison as he tries to clear the air about the company's surprising management shakeup. The company has long been the subject of M&A speculation, with some of the reports more far-fetched than others. Robison suggests the shakeup is aimed at taking Fusion-io to the next level (read: growing its enterprise base), rather than the result of a strategy disagreement. Fusion-io has come to embrace a software-driven strategy over the last 12 months, something Robison appears to be on board with. (SiliconAngle report) [View news story]
A 3% grade downhill ride from 30 to 14. Then a snapup to 20 after earnings. Then a terrifying fall to 13 and up to 14.75 in one day. My head is spinning and my neck hurts!! I own 200 @ 16.86.
Why Arena Pharmaceuticals Will Underperform In 2013 [View article]
ARNA listed in Fidelity "as hard to borrow' with a high annual interest rate. I'm not sitting on a short position and paying that per day. I am long ARNA.
magicJack VocalTec (CALL +4.7%) rallies after CEO Dan Borislow tells Bloomberg his company should beat Q4 estimates, and is "stumped" by the recent drop in its shares. Also: magicJack disclosed today it has settled a payment dispute with Verizon, and announced it has developed a VoIP box that can more easily work with Wi-Fi and 4G connections thanks to its inclusion of additional ports. [View news story]
Check out the FREE magicjack app for the iPad to make free phone calls using WiFi.
"If people used to buy PCs every four years and are now buying them every five years, that could lower PC sales by 20 percent over time," says Bernstein's Tony Sacconaghi, quoted in an NYT column discussing the lukewarm reception for Windows 8, which arrived as tablets were already pushing out replacement PC purchases. NPD believes U.S. retail Windows PC sales fell 13% Y/Y from the time of the Win. 8 launch to the first week of December, though that's better than a late-November estimate. [View news story]
I have Vista on my over 5 year old emachines desktop. Have had no problems. I have 7 on my HP laptop. (has more power than my desktop). When I do get a new desktop the last thing I want is Windows 8. And the very last thing I want is a touch screen. I am NOT going to be sitting @ my desk watching the market on my TD Ameritrade streamer and have to reach up and touch a monitor screen who knows how many times a day. (even on the desktop)
There's more clarity on financials today than at any point in the past 5 years, says Meredith Whitney, taking to CNBC to talk about her upgrade of several in the sector yesterday. Going into 2012, investors weren't giving Bank of America (BAC) much credit, she says, giving it plenty now by upgrading after a doubling in price this year (she sees another 35% upside). [View news story]
When BAC was $5 all the banks were going out of business. Now it is $11 and it is a buy. This women ceases to amaze me!!
Conspicuously absent from Mark Smith's resignation announcement was any mention of the SEC investigation over the accuracy of Molycorp's (MCP) disclosures. The take from 24/7's Jon Ogg: "To announce that a CEO has left the company with no explanation in the midst of a regulatory investigation is not in good taste at all. It could even be alarming." MCP -5.3% AH. [View news story]
Whipsaw!!! Look at the 4PM news. Going to 50. ???????
Amazon (AMZN) extends its ordering deadline for Free Super Saver Shipping by an extra two days to December 18th. The promotion has been an effective hook in the past to bring in new online shoppers. [View news story]
I live in an apartment, am retired and home all day. They used super saver once. It is a private delivery service using a van. The item was left in the entrance foyer. The buzzer was never rung. Of course the item was stolen. Amazon sent a replacement and used UPS. UPS and FedEx at least ring the buzzer and if no answer leave it at the complex office. DO NOT use super saver.
Fusion-io (FIO +0.2%) isn't for sale, states new CEO Shane Robison as he tries to clear the air about the company's surprising management shakeup. The company has long been the subject of M&A speculation, with some of the reports more far-fetched than others. Robison suggests the shakeup is aimed at taking Fusion-io to the next level (read: growing its enterprise base), rather than the result of a strategy disagreement. Fusion-io has come to embrace a software-driven strategy over the last 12 months, something Robison appears to be on board with. (SiliconAngle report) [View news story]
Apache Poised To Fly Higher [View article]
Why Arena Pharmaceuticals Will Underperform In 2013 [View article]
magicJack VocalTec (CALL +4.7%) rallies after CEO Dan Borislow tells Bloomberg his company should beat Q4 estimates, and is "stumped" by the recent drop in its shares. Also: magicJack disclosed today it has settled a payment dispute with Verizon, and announced it has developed a VoIP box that can more easily work with Wi-Fi and 4G connections thanks to its inclusion of additional ports. [View news story]
"If people used to buy PCs every four years and are now buying them every five years, that could lower PC sales by 20 percent over time," says Bernstein's Tony Sacconaghi, quoted in an NYT column discussing the lukewarm reception for Windows 8, which arrived as tablets were already pushing out replacement PC purchases. NPD believes U.S. retail Windows PC sales fell 13% Y/Y from the time of the Win. 8 launch to the first week of December, though that's better than a late-November estimate. [View news story]
There's more clarity on financials today than at any point in the past 5 years, says Meredith Whitney, taking to CNBC to talk about her upgrade of several in the sector yesterday. Going into 2012, investors weren't giving Bank of America (BAC) much credit, she says, giving it plenty now by upgrading after a doubling in price this year (she sees another 35% upside). [View news story]
Conspicuously absent from Mark Smith's resignation announcement was any mention of the SEC investigation over the accuracy of Molycorp's (MCP) disclosures. The take from 24/7's Jon Ogg: "To announce that a CEO has left the company with no explanation in the midst of a regulatory investigation is not in good taste at all. It could even be alarming." MCP -5.3% AH. [View news story]
Amazon (AMZN) extends its ordering deadline for Free Super Saver Shipping by an extra two days to December 18th. The promotion has been an effective hook in the past to bring in new online shoppers. [View news story]