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All Blog Posts Tagged '28' (6)

BIDU Brean Murray initiates the China Internet advertising sector

Brean Murray initiates the China Internet advertising sector. They expect stellar growth in online advertising this year on the back of a 30%+ expansion in client budgets. They expect market leaders to further separate themselves from the pack and continue to capture a disproportionate amount of spending. The firm initiates Baidu (BIDU) with a Buy and an $800 tgt, Sina (SINA) with a Buy and a $50 tgt and Sohu (SOHU) with a Hold.

Added by ken flagg on April 28, 2010 at 8:36am — No Comments

SLAB Silicon Labs beats by $0.07, beats on revs; guides Q2 revs above consensus

Reports Q1 (Mar) earnings of $0.62 per share, excluding non-recurring items, $0.07 better than the Thomson Reuters consensus of $0.55; revenues rose 51.4% year/year to $126.7 mln vs the $123.4 mln consensus. Co issues upside guidance for Q2, sees Q2 revs of $131-135 mln vs. $128.23 mln Thomson Reuters consensus. Strong performance for the quarter was led by the company's broad-based products, which were up 11 percent sequentially. Strength in… Continue

Added by ken flagg on April 28, 2010 at 8:32am — No Comments

After Hours Summary: RFMD +3.8% on earnings; BRCM +2.2 earnings/guidance

Companies trading higher in after hours in reaction to earnings: RFMD +3.8%, BRCM +2.2%, LIFE +1.2%... Companies trading lower in after hours in reaction to earnings: BWLD -20.5%, AMAG -13.5%, RHI -10.0%, MTW -7.5%, CNXT -7.2%, PMTC -5.3%, FLEX -3.7%, PNRA -3.5%, AMKR -3.0%, PNC -2.2%.

Added by ken flagg on April 28, 2010 at 5:51am — No Comments

After Hours Summary: RFMD +3.8% on earnings; BRCM +2.2 earnings/guidance

Added by ken flagg on April 28, 2010 at 5:51am — No Comments

BONDX Bidder Up: 10-Yr: +29+/32..3.692%.. JPY: 93.2275.. EUR: 1.3177

Treasuries were able to maintain most of their gains in the face of at-record sized supply, a somewhat sloppy auction and improved data, as the ongoing drama in Europe was escalated some, specifically regarding Greece and Portugal ...in case someone missed that. The 10-yr was run up to trade off to a 3.674% yield, the mid-curve leading the charge with the 5-yrs and out the curve getting to the best levels in a month. The drop-off in stocks added to the… Continue

Added by ken flagg on April 28, 2010 at 5:50am — No Comments

PNRA Panera Bread Earnings Preview (86.88 -0.51)

Although currently trading lower with the overall market, casual bakery/cafe Panera Bread (PNRA) is only 2 points off all-time highs headed into tonight's earnings release. The co is scheduled to report Q1 results today after the close followed by conference call tomorrow morning at 8:30am ET. Current consensus is Q1 EPS up 43% y/y to $0.82 on revs up 14% y/y to $364.76 mln; Q2 EPS of $0.84 on revs of $375.15 mln; and FY10 EPS up 27% to $3.52 on revs… Continue

Added by ken flagg on April 28, 2010 at 5:46am — No Comments