Shares of Google (GOOG) are up $2.22, or 0.4%, at $628.99 following better-than-expected Q4 results yesterday, and the announcement that Eric Schmidt will hand over the reins of day-to-day operations to co-founder Larry Page as newly-minted CEO. The three executives, including co-founder Sergey Brin, held a conference call to discuss [...]
Article courtesy of BARRONS.com: Tech Trader Daily
Folks, some things missed in the rush of Google’s (GOOG) big announcement, and Hewlett-Packard’s (HPQ) somewhat smaller announcement:
Rising:
Shares of Polycom (PLCM) are up $2.58, or 7%, at $40.76 in late trading after the company reported Q4 revenue and earnings per share above estimates. Revenue rose 27% to $340 million, versus [...]
Article courtesy of BARRONS.com: Tech Trader Daily
Google (GOOG) this afternoon reported Q4 revenue and EPS ahead of analysts’ estimates and said co-founder Larry Page will replace Eric Schmidt as CEO, with Schmidt becoming executive chairman. Co-founder Sergey Brin will devote himself to strategic projects.
Q4 net revenue rose to $6.37 billion, yielding EPS of $8.75.
Analysts had been [...]
Article courtesy of BARRONS.com: Tech Trader Daily
The Street is gearing up for Google’s (GOOG) Q4 report on Thursday, at 4:30 pm, Eastern. The Street is looking for $6.1 billion and $8.09 per share in earnings, on average.
Google shares are up $14.61, or 2%, at $638.79, as analysts shift their estimates for Q4 and this year higher, [...]
Article courtesy of BARRONS.com: Tech Trader Daily
Folks, I’m en route to Las Vegas for the Consumer Electronics Show.
The monorail! The pyramid! The New York, New York!
All that good stuff, plus week-long coverage of all the gadgets and all the announcements — from the likes of Hewlett-Packard (HPQ), Microsoft (MSFT), Google (GOOG), Research in Motion [...]
Article courtesy of BARRONS.com: Tech Trader Daily
Of note: an article today by MarketWatch’s Dan Gallagher today casting doubt on talk of IPOs for Facebook and Groupon, the online coupon site that was in talks to be acquired by Google (GOOG) last month.
The reasoning, offered by Paul Bard, vice president of Renaissance Capital, is that basically private [...]
Article courtesy of BARRONS.com: Tech Trader Daily
Stop me if you’ve heard this one before: herewith some news bits that you may or may not have seen today.
Ylan Q. Mui and Peter Whoriskey of the Washington Post end the year musing on Facebook’s eclipsing Google (GOOG). Experian Hitwise data show Facebook got 8.9% of unique visits this [...]
Article courtesy of BARRONS.com: Tech Trader Daily
Interesting, odd short piece in Investors Business Daily by Amy Reeves late yesterday. Reeves notes that MIPS Technologies (MIPS), a 26-year-old company based in Sunnyvale, California, that’s long sold embedded processor designs, is looking to get a piece of the action in smartphones based on Google’s (GOOG) Android operating system.
Actually, [...]
Article courtesy of BARRONS.com: Tech Trader Daily
Fun: Sarah Kessler over at Mashable notes noodling around with Google’s (GOOG) Books Ngram Viewer to plot the use of “technology,” “robot” and other tech memes through recorded history (or a slice of it, anyway.) Technology started to slope up in book mentions at 1900, not surprising, but really got [...]
Article courtesy of BARRONS.com: Tech Trader Daily
Shares of peripheral maker Logitech (LOGI) are down 63 cents, or 3.3%, at $18.69 following a report by Monica Chen and Steven Shen in DigiTimes that the company has asked contract manufacturer Gigabyte Technology to suspend manufacturing of its Revue set-top box awaiting Google’s (GOOG) 3.0 version of Android, expected [...]
Article courtesy of BARRONS.com: Tech Trader Daily