FA Notes Wednesday October 20, 2010
10:34 NVDA – HardOCP is hearing that Nvidia will cut prices on the GTX 460 and 470 this week. Link
10:28 China’s economy grew 9.6% in Q3 and CPI was up 3.6%. Link
9:37 Treasury Secretary Tim Geithner is quoted as saying the U.S. is not deliberately devaluing the dollar and he sees no need for the dollar to sink further. Link
9:06 NYT – Boston Globe reports a group of investors will offer to buy the Boston Globe newspaper from its owner, The New York Times. Link
9:04 STX – Seagate reports Q1 EPS of 37c vs. 45c estimate and revenue of $2.7B vs. $2.7B estimate.
5:44 NFLX – Netflix report Q3 GAAP EPS of 70c vs. 72c street estimate and revenue of $553.2M vs. $551M estimate. The company guides Q4 GAAP EPS to 59-74c vs. 71c street estimate and revenue to $586-598M vs. $593M estimate. Q3 total subs 16.9M and Q4 total subs guidance 19-19.7M.
5:42 XLNX – Xilinx reports Q2 EPS of 65c vs. 65c estimate and revenue of $620M vs. $626M estimate. The company guides Q3 to flat to down 4% q/q.
5:37 EBAY – eBay reports Q3 EPS of 40c vs. 37c estimate and revenue of $2.2B vs. $2.18B estimate. The company guides Q4 earnings to 45-48c vs. 44c estimate and revenue to $2.39-2.49B vs. $2.41B estimate.
4:39 NFLX – Streaming only option may come to the United States later this quarter. Link
1:50 ERTS – Electronic Arts buys Angry Birds iPhone game publisher for less than $20 million in cash. Link
12:03 AAPL – Acer says iPad impact isn’t that serious. Link
10:07 AAPL – Dealbook speculates on Apple’s acquisition targets. Link
9:52 Latest views from Jim Rogers. Link
9:14 DAL reported Q3 earnings of $1.10 vs. 94c estimate and revenue of $9B vs. $8.82B estimate.
“Delta’s revenue performance exceeded our expectations for the quarter, with especially strong performance from our international markets,” said Ed Bastian, Delta’s president. “We see demand strength through the holiday period and expect solid year over year unit revenue growth for the December quarter.”
9:02 How can you tell when a CEO is lying? Link
8:21 WFC – Wells Fargo reported Q3 earnings of 60c vs. 55c estimate and revenue of $20.9B vs. $20.95B estimate.
8:20 MS – Morgan Stanley reported Q3 earnings of 5c vs. 15c estimate and revenue of $6.8B vs. $6.44B estimate.