Eric Savitz, Blogger and Columnist, Barron's, Tech Trader Daily in News on November 8, 2010 at 5:00 am PT
Microsoft CEO Steve Ballmer disclosed in an SEC filing Friday that he sold $1.34 billion worth of stock on November 3-5, at prices ranging from $26.74 to $27.18 a share. After the sales, which included 49.3 million shares, Ballmer continues to hold 358.9 million shares.
Eric Savitz, Blogger and Columnist, Barron's, Tech Trader Daily in News on November 4, 2010 at 3:45 pm PT
RealNetworks this afternoon reported Q3 revenue of $86.4 million, down three percent sequentially, off 38 percent year-over-year, and below the Street consensus at $88 million. But the company posted a profit for the quarter of $24.5 million or 18 cents a share largely due to a $33.9 million tax benefit, including a $30 million refund from the IRS.
Eric Savitz, Blogger and Columnist, Barron's, Tech Trader Daily in News on October 29, 2010 at 9:09 am PT
Seagate shares are getting a boost this morning from an upbeat story in the New York Post on the prospects for talks on taking the company private.
Yesterday, the stock took a hit on a report that talks had collapsed. That was followed by multiple reports that KKR was likely to drop out of a group that has been discussing making an offer for the disk-drive maker.
Peter Kafka in Media on October 26, 2010 at 5:26 am PT
Apple has $51 billion in cash, and Steve Jobs had better spend some of it soon. Because people are starting to lose their minds. Example of the day: Delusional Sony investors.
Eric Savitz, Blogger and Columnist, Barron's, Tech Trader Daily in News on October 20, 2010 at 5:00 am PT
TerreStar said its majority-owned Terrestar Networks unit and certain other affiliates have filed for protection from creditors under Chapter 11 of the Federal Bankruptcy Code.
Earlier this week, the Wall Street Journal reported that a Chapter 11 filing likely was imminent.
Eric Savitz, Blogger and Columnist, Barron's, Tech Trader Daily in News on October 15, 2010 at 5:00 am PT
The trouble continues for the old school video game sector.
In September, retail sales of new video game gear was down eight percent from a year ago to $1.18 billion, according to market research firm NPD Group. Hardware sales were down 19 percent and software sales were down six percent, although accessory sales were up 13 percent.
Eric Savitz, Blogger and Columnist, Barron's, Tech Trader Daily in News on October 6, 2010 at 3:21 pm PT
Logitech this afternoon unveiled the Logitech Revue, a $299.99 set-top box and wireless keyboard controller based on the Android-based Google TV platform. The company also launched the Logitech TV Cam and Vid HD service for video calling.
Eric Savitz, Blogger and Columnist, Barron's, Tech Trader Daily in News on August 23, 2010 at 1:50 pm PT
20 percent of the U.S. population ages six or older have played a game on a social network over the past three months, according to a new study by market research firm NPD Group. That’s 56.8 million Americans spending time playing games like Farmville and Mafia Wars.
Eric Savitz, Blogger and Columnist, Barron's, Tech Trader Daily in News on August 19, 2010 at 1:28 pm PT
Dell this afternoon reported results for its fiscal second quarter ended July 30 that were a tad above the Street consensus.
For the quarter, the PC maker posted revenue of $15.5 billion, up 22 percent from a year ago, and ahead of the Street at $15.2 billion. Non-GAAP profits of 32 cents a share topped the Street by two cents.
The company said it expects Q3 revenues to be up in the low single digits on a percentage basis sequentially.
