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Thu
19
Jun

BlackBerry Crushes Fiscal First Quarter Estimates, Shares Rise In Premarket

BlackBerry Z10 handset front

Stock Tickers

BBRY AAPL GOOG

Canadian mobile solutions provider BlackBerry (BBRY) reported better than expected fiscal first quarter 2015 earnings Thursday morning.

GAAP earnings was $23 million or 4 cents per share. After removing special items that were beneficial, the adjusted net loss was $60 million, or 11 cents per share.

Wall Street was expecting a loss of about 27 cents. Whisper numbers gave a clue that the company may significantly beat. Earningswhispers.com's website stated it expected a loss of 11 cents, placing it as one of the best estimates. Revenue continues to fall. sequentially, revenue declined to $966 million, from $976 million in the previous quarter, and about 1/3 of sales from the same quarter last year. 

Wed
18
Jun

JBL Rises 5% in After Hours Trading After Reporting An Earnings Beat

Stock Tickers

JBL

(JBL) increased over 3% within 5 minutes after the closing bell after reporting earnings.

Fiscal third quarter EPS of - 6 cents beats estimate by 2 cents.

Revenue of $3.8 billion, beats by $200 million.

Reaffirms guidandance.

Here's the press release.

 

Wed
18
Jun

Zynga's Real Money Poker Competition Is Growing

Stock Tickers

TST DB BCS MIC BX AMYGF ZNGA FB EBAY YHOO

As seen on TheStreet (TST)

Fueled with equity and debt financing from Deutsche Bank (DB), Barclays Plc (BCS), Macquarie Group (MIC) and Blacksone Group (BX), Amaya Gaming Group (AMYGF) announced the acquisition of Oldford Group, the largest real money poker casino. Oldford Group owns Rational Group, the operator of PokerStars and Full Tilt Poker.

The deal values Oldford Group at $4.9 billion, with founder and CEO Mark Scheinberg leaving Oldford Group. Rational Group’s executives will remain.

Fri
13
Jun

Praesidium Investment Management Sent a Public Letter to Tibco's Board (TIBX)

Stock Tickers

TIBX

NEW YORKJune 11, 2014 /PRNewswire/ -- Praesidium Investment Management Company, LLC ("Praesidium" or "we") on behalf of its clients, beneficially owns approximately 5.5 million shares of TIBCO Software Inc. ("TIBCO" or the "Company"), and today sent the following letter to TIBCO's Board of Directors.  Praesidium has a long-term, multi-year investment horizon and frequently interacts with management teams and boards of directors to propose constructive strategic ideas. 

Thu
12
Jun

Finisar Reports Earnings Growth, Shares Lower

Stock Tickers

FNSR

**** Update, I have since exited at a loss and shorted the stock. I don't expect to remain short for long though***

Finisar (FNSR) reported decent earnings after the bell on Thursday, but the market's initial reaction sent shares lower as investors focused on margins. I'm trading the shares to the long side in after hours trading, but may switch at any time or exit at any time.

Tue
03
Jun

Watch For These Three Stocks To Declare Their First Dividend

Stock Tickers

LULU CTSH JNPR CSCO

Dividend paying stocks are usually the only equities I recommend when asked by friends what they should have in their portfolio as a long-term holding. Investors have historically increased their odds of success by limiting their allocations to investments with a yield.
Originally, a dividend payment was the catalyst for to invest and risk capital and all stocks that were able paid one.  The emphasis on long-term holding shifted towards price speculation as market transaction efficiencies improved, and costs declined.
Many stocks could pay a dividend but currently choose not to. Some are more likely than others to begin. I search for companies that are more likely than average to begin paying dividends. It can take a long time between identifying a likely candidate and the Board of Directors pulling the trigger and declaring one, however, when you get it right, the payoff can be substantial.

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