Western Digital (WDC) is in the business of disk drives. The stock has moved up strongly on European Union approving acquisition of Hitachi unit and a supply agreement with SAE Magnetics. None of these developments help the long-term deterioration of the disk drive business. Our plan is to slowly keep
Short sold a 10% tranche at $26.82. Also limit orders at $26.98, $27.23, $27.44 and $27.73 for 5% tranches.
Chevron (CVX) and Transocean(RIG) are down on the reports of a big oil leak from a rig located close to the coast of Brazil. Neither Chevron nor Transocean has denied or acknowledged the leak. Chevron has issued a statement that the valve has been killed.
In a small study at The Arora Report, accuracy of Apple (AAPL) Siri voice recognition trumped Google (GOOG) Android voice recognition. The study involved reading a page of text by five different persons to Apple Siri and three android devices in a room with moderate conversational noise.
Cray (CRAY) stock is trading strongly higher after it was announced that University of Illinois’ National Center for Supercomputing Applications has struck a $188 million multi-year deal with Cray. Cray will provide XE6 and XK6 models. These computers will incorporate Opteron CPUs from Advanced Micro Devices (AMD) and
IBM (IBM) can now count Warren Buffett as owner of over 5% of the stock. Buffett has built his $10.7 billion stake in IBM over the last two quarters. This is Buffett’s first big technology purchase. Investors may want to observe caution in following Buffett into IBM as
AMAG Pharmaceuticals (AMAG) announced a study of its drug Feraheme (ferumoxytol) that makes it an acquisition candidate. New study from a head-to-head trial comparing Feraheme Injection for intravenous use to iron sucrose in patients with iron deficiency anemia and chronic kidney disease is positive for AMAG Pharmaceuticals.
The wait is finally over. Call of Duty: Modern Warfare 3, the latest video game in Activision’s (ATVI) hit franchise is hitting home gaming machines. Modern Warfare 3 maybe the biggest launch ever compared to any movie, game, or music that our world has seen. Most estimates are
These symbols are included in this article Apple (AAPL), and Google (GOOG). After the passing of Steve Jobs, investors face uncertainty in shares of Apple (AAPL). Will the stock next hit $100 or $1,000? This article is the third in a series, ‘œThe Future of Apple,’ designed to
These symbols are included in this article Google (GOOG), Apple (AAPL), and Nuance (NUAN) Apple’s Siri is beginning to eat Google’s lunch. Google has spread its wings, but Google’s bread and butter is still selling advertising on search pages. Siri from Apple is the start of disintermediation from Google search.