Voices

Suing Facebook? Best of Luck.

By Wednesday, after just three days of trading, several lawsuits had been filed against Facebook complaining about the adequacy of its prospectus disclosure. However, at least so far, there is no indication that anything is wrong with that prospectus.

After Strong Quarter, Groupon Starts Looking Like a Deal Again

Even though Groupon continues to carry the warning that its financial processes are weak, a handful of analysts upgraded the company to a buy rating today, and investors sent the stock climbing.
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$FB Is a Buy, Analysts Say

The guys who study Wall Street are bullish on the social giant.
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News Byte

Analysts Give Yelp a Lukewarm Review

Now that Yelp’s quiet period has expired, analysts have started to issue their first report cards. The results are unanimous: Out of four reports issued by Jefferies, Citi, Goldman Sachs and Oppenheimer, there are zero buy recommendations, Forbes writes. But that’s because the company’s stock price, which has soared 72 percent since last month’s IPO, hovers near or above all of the analysts’ price targets. Today, the stock fell 38 cents, or 1.5 percent, to close at $25.43 a share.

Intel’s Romley Chip Is Good News for Storage Players EMC and NetApp

But maybe not so much for Intel itself, Deutsche Bank analyst Chris Whitmore argues.
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Voices

Facebook’s Zuckerberg Skips Analyst Meeting

Facebook Inc. chief executive Mark Zuckerberg doesn’t expect to play a hands-on role selling the social network’s initial public offering to analysts, one Facebook executive told Wall Street analysts Monday.

HP Beats Street’s Lowered Expectations

HP’s bottom line beats the street’s diminished expectations handily, but the topline is a little light. And oh, those printer results gotta sting.
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Will the Turnaround at Cisco Systems Stick?

Is the restructuring by CEO John Chambers at Cisco Systems taking hold? Today’s earnings announcement should tell the tale.
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BMO: Salesforce’s Quarter Should Be Better Than the Last One

Salesforce.com may make up for the miss on billings that caused shareholders to sell off its stock last quarter.
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Amazon Sees No Reason to Slow Its Spending

Amazon defended its free-spending habits yesterday in a call with analysts, arguing that it continues to see new opportunities and will invest accordingly.
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