FA Notes Tuesday October 26, 2010
11:56 BWLD – Buffalo Wild Wings reported Q3 earnings of 47c vs. 44c estimate and revenue of $151.3M vs. $150.65M estimate.
11:53 NTGR – Netgear reported Q3 earnings of 45c vs. 38c estimate and revenue of $236M vs. $222M estimate. The company guided Q4 revenues to $240-250M vs. $239.4M estimate.
11:52 BRCM – Broadcom reported Q3 earnings of 74c vs. 71c estimate and revenue of $1.8B vs. $1.75B estimate. The company guided Q4 revenue to $1.8-1.9B vs. $1.75B estimate.
11:47 FFIV – F5 Networks reported Q4 earnings of 79c vs. 71 estimate and revenue of $254M vs. $248M estimate. The company guided next quarter’s earnings to 80-82c vs. 73c estimate and revenue to $265-270M vs. $259.5M estimate.
10:09 BKS – Barnes and Noble unveils color Nook e-reader for $249. Link
9:52 AAPL – Apple in negotiations to buy music streaming company Spotify. Link
9:47 AAPL – Apple will delay the white iPhone 4 till the Spring. Link
9:46 INTC – Intel going to publish its own journalism. Link
9:45 SNE – Sony Playstation phone and specs. Link
9:16 WSJ says Fed likely to do “few hundred billion” of QE over several months. Link
1:48 China hiked gas prices by 3%. Link
1:03 Paul Tudor Jones says Chinese currency revaluation works better than quantitative easing. Link
12:38 SPY – Warren Buffett’s favorite market valuation indicator. Link
11:34 Fed bought $2.5 billion of 10-30 year treasury bonds this morning. Link
10:36 CMI – Cummings reported Q3 earnings of $1.33 vs. $1.40 estimate and revenue of $3.4B vs. $3.56B estimate.
10:35 LXK – Lexmark reported Q3 earnings of $1.09 vs. 97c estimate and revenue of $1.02B vs. $1.04B estimate. The company guided Q4 earnings to $1.03-1.13 vs. $1.01 estimate.
10:34 AMTD – TD Ameritrade reported Q4 earnings of 20c vs. 23c estimate and revenue of $609M vs. $619M estimate. The company guides 2011 earnings to $0.90-1.20 vs. $1.14 estimate.
10:33 COH – Coach reported Q1 earnings of 63c vs. 55c estimate and revenue of $912M vs. $845M estimate.
10:32 IBM – IBM announce $10B in additional stock buy-back. Link
10:13 UA – Under Armour reported Q3 earnings of 63c vs. 60c estimate and revenue of $328.6M vs. $322M estimate. The company guided full year earnings to $1.23-1.24 vs. $1.17 estimate and revenue to $1.03-1.035B vs. $1.02B estimate.
10:02 August FHFA home price index +0.4% vs. -0.5% in July
10:01 October consumer confidence 50.2 vs. 50 estimate
9:03 August Case-Shiller 1.7% vs. 3.18% previously
8:45 Volcker sees no possibility of deflation. Link
8:39 Fortune on the background of Todd Combs. Link
8:36 Paul Krugman likes dollar debasing policy. Link
8:32 STX WDC – Digitimes reports of large capacity notebook hard-drive shortages. Link
8:16 ERTS – According to Bloomger, Zynga is now worth more than Electronic Arts. Link
7:49 AAPL SNE – Sony trades higher on Apple take-out rumors. Link
7:47 Andrew Ross Sorkin on “What is insider trading?” Link
7:39 Todd Combs is now heir apparent with the “best chance” to be Warren Buffett’s successor. According to our sources, Combs’ fund Castle Point was up 34% net since inception on November 2005. Link
7:36 Kingdon Capital investor relations person gets fired and burns bridges. Link