By MarketNewsVideo Qualcomm Incorporated (QCOM) announced its quarterly dividend of 35 cents per share, an increase of about 40% over its prior dividend in March of 25 cents. The dividend will be payable on June 26, 2013, to stockholders of record at the close of business on June 5, 2013. …read more
Source: FULL ARTICLE at Forbes Markets
Filed under: Technology
We have tracked the key short interest changes as of February 28 in the following semiconductor leaders: Intel Corp. (NASDAQ: INTC), Advanced Micro Devices Inc. (NYSE: AMD), Micron Technology Inc. (NASDAQ: MU), SanDisk Corp. (NASDAQ: SNDK), Qualcomm Inc. (NASDAQ: QCOM), ARM Holdings PLC (NASDAQ: ARMH), Broadcom Corp. (NASDAQ: BRCM), Marvell Technology Group Ltd. (NASDAQ: MRVL), Nvidia Corp. (NASDAQ: NVDA), Texas Instruments Inc. (NASDAQ: TXN) and Applied Materials Inc. (NASDAQ: AMAT). We also chose to look at how the Market Vectors Semiconductor ETF (NYSEMKT: SMH) has held up.
Intel Corp. (NASDAQ: INTC) short interest rose 3.8% to 216.01 million shares. About 4.4% of Intel’s float is now short.
Advanced Micro Devices Inc. (NYSE: AMD) saw short interest drop by 0.8% to 85.74 million shares, or 14.2% of the company’s total float.
Qualcomm Inc. (NASDAQ: QCOM) short interest fell 7.8% to 14 million shares, which represents 0.8% of the company’s float.
ARM Holdings PLC (NASDAQ: ARMH) saw a 19.3% drop in short interest to 5.33 million shares, which represents about 1.2% of the firm’s float.
Micron Technology Inc. (NASDAQ: MU) showed a rise of 10.7% in short interest, to 73.23 million shares, or about 7.2% of Micron’s float.
SanDisk Corp. (NASDAQ: SNDK) saw short interest rise by 5.8% to 7.09 million shares, or 2.9% of the company’s float.
Short interest in Broadcom Corp. (NASDAQ: BRCM) increased 29.3% to 8.26 million shares. That is 1.6% of the total float.
Marvell Technology Group Ltd. (NASDAQ: MRVL) posted a 12.1% drop in short interest, to 6.17 million shares, or about 1.4% of Marvell’s float.
Nvidia Corp. (NASDAQ: NVDA) short interest fell by 13.3% to 16.53 million shares, about 2.8% of the company’s float.
Texas Instruments Inc. (NASDAQ: TXN) saw short interest retreat 1.8% to 26.36 million shares, or 2.4% of the float.
Applied Materials Inc. (NASDAQ: AMAT) short interest dropped by 19% to 17.15 million shares, which is about 1.4% of the company’s float.
The Market Vectors Semiconductor ETF (NYSEMKT: SMH) showed a rise of 13.7% in short interest to 6.32 million shares.
With just a couple of exceptions, short interest fell in chip stocks during the two-week period ending February 28. Good earnings from chip makers in the mobile business cooled off shorts. The bets against Intel and the Market Vectors Semiconductor ETF rose, likely as a hedge against betting the wrong way on ARMH and the others.
Filed under: 24/7 Wall St. Wire, Semiconductor, Semiconductors, Short Interest, Technology, Technology Companies Tagged: AMAT, AMD, ARMH, BRCM, INTC, MRVL, MU, NVDA, QCOM, SMH, SNDK, TXN
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Filed under: Earnings
These are some of this Wednesday’s top analyst upgrades, downgrades and initiations seen from Wall St. research calls.
Agilent Technologies Inc. (NYSE: A) started as Outperform at Leerink Swann.
Best Buy Co. Inc. (NYSE: BBY) raised to Buy at Jefferies.
Bright Horizons Family Solutions LLC (NYSE: BFAM) was started in new coverage as follows: Buy at BofA/Merrill Lynch, Overweight at Barclays, Outperform at Credit Suisse, Buy at Stifel Nicolaus and Neutral at Goldman Sachs.
Dean Foods Co. (NYSE: DF) raised to Outperform at Credit Suisse.
IntercontinentalExchange Inc. (NYSE: ICE) raised to Outperform at KBW.
J.C. Penney Co. (NYSE: JCP) was cut to Neutral from Buy at Citigroup and was cut to Perform from outperform at Oppenheimer.
MasterCard Inc. (NYSE: MA) cut to Hold at Argus.
Qualcomm Inc. (NASDAQ: QCOM) was maintained as Buy but was removed from the prized Conviction Buy List at Goldman Sachs.
Salesforce.com Inc. (NYSE: CRM) named Bear of the Day, while all-time highs are nice but outlook may be lower at Zacks Investment Research.
Skechers USA Inc. (NYSE: SKX) named Bull of the Day as new styles and global reach are returning it to profitability at Zacks Investment Research.
VIVUS Inc. (NASDAQ: VVUS) started as Overweight at Piper Jaffray.
Here are 11 stocks which analysts expect to rise 50% to 100% (or more) over the next year.
Also, here is how only seven of the 30 DJIA stocks will take the market to 15,000.
Oppenheimer listed two transportation stocks that will keep confirming Dow Theory with transports leading the way.
Filed under: 24/7 Wall St. Wire, Analyst Calls Tagged: A, BBY, BFAM, CRM, DF, ICE, JCP, MA, QCOM, SKX, VVUS
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Filed under: Technology
We have tracked the key short interest changes as of January 31 in the following semiconductor leaders: Intel Corp. (NASDAQ: INTC), Advanced Micro Devices Inc. (NYSE: AMD), Micron Technology Inc. (NASDAQ: MU), SanDisk Corp. (NASDAQ: SNDK), Qualcomm Inc. (NASDAQ: QCOM), ARM Holdings PLC (NASDAQ: ARMH), Broadcom Corp. (NASDAQ: BRCM), Marvell Technology Group Ltd. (NASDAQ: MRVL), Nvidia Corp. (NASDAQ: NVDA), Texas Instruments Inc. (NASDAQ: TXN) and Applied Materials Inc. (NASDAQ: AMAT).
We also chose to look at how the Market Vectors Semiconductor ETF (NYSEMKT: SMH) has held up.
Intel Corp. (NASDAQ: INTC) short interest fell 4.3% to 196.96 million shares. About 4% of Intel’s float is now short.
Advanced Micro Devices Inc. (NYSE: AMD) saw short interest drop by 11.1% to 89.97 million shares, or 14.9% of the company’s total float.
Qualcomm Inc. (NASDAQ: QCOM) short interest fell 12.2% to 12.71 million shares, which represents 0.7% of the company’s float.
ARM Holdings PLC (NASDAQ: ARMH) saw an 18.3% rise in short interest to 5.38 million shares, which represents about 1.2% of the firm’s float.
Micron Technology Inc. (NASDAQ: MU) showed a rise of 4.6% in short interest to 56.77 million shares, about 5.6% of Micron’s float.
SanDisk Corp. (NASDAQ: SNDK) saw short interest rise of 2% to 7.21 million shares, or 3% of the company’s float.
Broadcom Corp. (NASDAQ: BRCM) saw short interest fall by 2.7% to 6.28 million shares, or 1.2% of the total float.
Marvell Technology Group Ltd. (NASDAQ: MRVL) posted a 1.6% drop in short interest to 6.32 million shares, about 1.5% of Marvell’s float.
Nvidia Corp. (NASDAQ: NVDA) short interest fall by 24.5% to 16.67 million shares, or about 2.8% of the company’s float.
Texas Instruments Inc. (NASDAQ: TXN) saw short interest rise by 13.5% to 22.89 million shares, or 2.1% of the company’s float.
Applied Materials Inc. (NASDAQ: AMAT) short interest grew by 40% to 16.73 million shares. That is about 1.4% of the company’s float.
The Market Vectors Semiconductor ETF (NYSEMKT: SMH) showed a rise of 22.1% in short interest to 4.94 million shares.
Rising short interest in companies like Intel and AMD that have either a small or no presence in the mobile market reversed itself during this period. The increase at ARM came before the company reported quarterly earnings and boosted guidance. The huge short interest jump in the Applied Materials comes ahead of the company’s earnings report, which is scheduled for tomorrow.
Filed under: 24/7 Wall St. Wire, Semiconductor, Semiconductors, Short Interest, Technology, Technology Companies Tagged: AMAT, AMD, ARMH, BRCM, INTC, MRVL, MU, NVDA, QCOM, SMH, SNDK, TXN
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By ETFChannel.com Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares S&P 500 Growth Index Fund (AMEX: IVW) where we have detected an approximate $35.4 million dollar outflow — that’s a 0.5% decrease week over week (from 87,600,000 to 87,150,000). Among the largest underlying components of IVW, in trading today Qualcomm, Inc. (NASD: QCOM) is up about 0.6%, Comcast Corp (NASD: CMCSA) is up about 0.7%, and Amazon.com Inc. (NASD: AMZN) is lower by about 1.2%. For a complete list of holdings, visit the IVW Holdings page »
Source: FULL ARTICLE at Forbes Markets
