ASM Lithography Meet Street Expectations
ASM Lithography reported third-quarter results that were within the range of our expectations. We are maintaining our fair value estimate and moat rating. For the quarter, revenue was EUR 1.32 billion, up 11% sequentially, and an increase from sales of EUR 1.23 billion in the year-ago quarter. Sales benefited from improved business conditions and a full quarter of contribution from ASML’s recent acquisition of lithography … Continue reading ASM Lithography Meet Street Expectations
Google Helpouts is leaked
“Get real help from real people” – this is the motto of Google's new product, Helpouts. Users are going to be able to browse video answers of other users, and enables you to videochat with those, who can solve your problem.Read More >> Continue reading Google Helpouts is leaked
Teenagers leave Facebook
A couple of years ago teenagers logged in to Facebook almost every day. Nowadays, the biggest social networking site is abandoned by them. What charms teens away?Read More >> Continue reading Teenagers leave Facebook
IPO raises itself on IPO
In a regulatory filing Monday, the social media company said its debut price is now set between $23 and $25 a share, up from $17 to $20 previously. The company intends to sell 70 million shares in its IPO. At its new price, the company would be valued between $12.8 billion to $13.9 billion.Read More >> Continue reading IPO raises itself on IPO
Obamacare is safe from hacking
Many worried about Obama's new healthcare program, as the system seemed to be easy to hack. As the system contains a plenty of personal data, it provides a great aim for cyber crime. However, things are not that easy…Read More >> Continue reading Obamacare is safe from hacking
Linear Provides Disappointing Guidance Despite Solid Results
Linear Technology reported decent fiscal first-quarter earnings but gave investors a disappointing forecast for the December quarter, as a seasonal dip in chip demand and the mere threat of a looming U.S. debt ceiling crisis may weigh on upcoming chip orders. We will maintain our fair value estimate and wide moat rating for the firm. Linear’s analog chip sales were $340 million for the September … Continue reading Linear Provides Disappointing Guidance Despite Solid Results
