News Focus
News Focus
icon url

Stock Lobster

01/24/10 4:54 PM

#299062 RE: Stock Lobster #299061

Monday: Look for Tech Players to Move

(AAPL/GOOG/RMBS) Apple, Google could see strong movement


By Russ Britt, MarketWatch
Jan. 23, 2010, 1:48 p.m. EST

LOS ANGELES (MarketWatch) -- A slew of technology and biotech players are among the shares expected to see activity when trading resumes Monday, including Apple Inc., Google Inc., Texas Instruments and Amgen.

Apple Inc. /quotes/comstock/15*!aapl/quotes/nls/aapl (AAPL 197.75, -10.32, -4.96%) is projected to report first-quarter earnings of $2.10 a share, according to a consensus survey by FactSet Research. The company also could unveil a new tablet computer at the time. See story.

Search-engine behemoth Google Inc. /quotes/comstock/15*!goog/quotes/nls/goog (GOOG 550.01, -32.97, -5.66%) also could make a big move. After Friday's closing bell, Google said co-founders Larry Page and Sergey Brin will each sell about 5 million shares under pre-arranged stock trading plans. See story.

The sale of the shares is likely to be spread over an extended period of time to minimize market impact. Page and Brin together hold about 57.7 million of Class B common shares, which represent around 18% of Google's capital stock.

Texas Instruments /quotes/comstock/13*!txn/quotes/nls/txn (TXN 23.11, -1.07, -4.43%) is expected to post earnings of 49 cents a share in the fourth quarter.

Amgen /quotes/comstock/15*!amgn/quotes/nls/amgn (AMGN 56.60, -0.03, -0.05%) is forecast to post earnings of $1.14 a share in the fourth quarter.

VMware Inc. /quotes/comstock/13*!vmw/quotes/nls/vmw (VMW 41.58, -2.36, -5.37%) is likely to post fourth-quarter earnings of 26 cents a share.

Analysts estimate Zions Bancorp /quotes/comstock/15*!zion/quotes/nls/zion (ZION 17.66, -0.70, -3.81%) to report a fourth-quarter loss of $1.70 a share.

AK Steel Holding Corp. /quotes/comstock/13*!aks/quotes/nls/aks (AKS 20.19, -1.03, -4.85%) is expected to post earnings of 20 cents a share in the fourth quarter.

Albemarle Corp. /quotes/comstock/13*!alb/quotes/nls/alb (ALB 36.09, -1.03, -2.77%) is forecast to report fourth-quarter earnings of 57 cents a share.

Crane /quotes/comstock/13*!cr/quotes/nls/cr (CR 31.58, -0.87, -2.68%) is likely to post fourth-quarter earnings of 52 cents a share.

Eaton /quotes/comstock/13*!etn/quotes/nls/etn (ETN 65.88, -0.86, -1.29%) is projected to report fourth-quarter earnings of $1.23 a share.

Halliburton Co. /quotes/comstock/13*!hal/quotes/nls/hal (HAL 31.15, -1.38, -4.24%) is expected to post earnings of 27 cents a share in the fourth quarter.

Watch list

Motorola Inc. /quotes/comstock/13*!mot/quotes/nls/mot (MOT 7.21, -0.16, -2.17%) said it has filed a complaint with the U.S. International Trade Commission accusing Research In Motion Ltd. /quotes/comstock/15*!rimm/quotes/nls/rimm (RIMM 61.68, -1.91, -3.00%) of infringing on five of its patents. Motorola said that the patents cover "early-stage innovations developed by Motorola in key technology areas, such as Wi-Fi access, application management, user interface and power management."

The wireless device maker is asking the ITC to begin an investigation and issue an exclusion order barring the sale of certain RIM devices from the market. Canada-based RIM is the maker of the popular BlackBerry smartphone, while Motorola sells the rival Droid device.

Rambus Inc. /quotes/comstock/15*!rmbs/quotes/nls/rmbs (RMBS 24.74, +0.72, +3.00%) said that the administrative law judge of the U.S. International Trade Commission has ruled that three of five Rambus Inc.'s patents are valid in connection with the chip design company's dispute with Nvidia Corp. /quotes/comstock/15*!nvda/quotes/nls/nvda (NVDA 16.46, -0.59, -3.46%) and other companies.

Rambus had asked the ITC to bar Nvidia from importing or selling products that allegedly infringe on some of the company's patents. The ITC judge found two patents invalid. An Nvidia spokesman said the company is "disappointed" about the ruling on the three patents, and plans to pursue the issue before the full commission for a final decision. More details on ITC's ruling in favor of Rambus

Russ Britt is the Los Angeles bureau chief for MarketWatch.

http://www.marketwatch.com/story/look-for-tech-players-to-move-monday-2010-01-23
icon url

HoosierHoagie

01/24/10 4:57 PM

#299063 RE: Stock Lobster #299061

Think happy thoughts.....like the Sta Puff Marshmellow Man...:-)
icon url

BUDDIEE18

01/24/10 11:56 PM

#299140 RE: Stock Lobster #299061

:-D :-D