Zoran Corp. shares fell 7.7% in Tuesday trades. The Sunnyvale, Calif., producer of chips for technology applications like TVs, digital cameras and mobile phones narrowed its second-quarter loss to 13 cents a share from 27 cents a year earlier.
Shares of Zoran Corp. tumbled more than 10 percent in pre-market trading Tuesday after the chip maker's third-quarter outlook reflecting expectations of continued softness in its digital television business disappointed Wall Street.
NEW YORK (MarketWatch) -- Zoran Corp. shares fell 7.7% in Tuesday trades. The Sunnyvale, Calif., producer of chips for technology applications like TVs, digital cameras and mobile phones narrowed its second-quarter loss to 13 cents a share from 27 cents a year earlier. Revenue fell 9.1% to $93.4 million. A survey of analysts by FactSet Research produced consensus estimates of a loss of 7 cents on revenue of $92.2 million. The results were mixed, "with digital cameras once again outperforming expectations, while [digital TV] continued to face challenges," President and Chief Executive Levy 2
Zoran Corporation (NASDAQ: ZRAN) announced that its integrated solution for printers, a combination of the Quatro® 4230 processor and IPS print language interpreter software, which delivers quick time-to-market to manufacturers, has been deployed in Muratec's MFX line of monochrome multifunction printers (MFPs) now shipping in the United States. 2010 07 27 09:15
Zoran Corporation (NASDAQ: ZRAN), a leadingprovider of digital solutions for applications in the digital entertainmentand digital imaging markets, today reported results for its second quarterended June 30, 2010. 2010 07 26 16:03
Omnivision Technologies (OVTI) is a blast from the past for me as it was one of the fundamentally strong new stocks that put in an incredible move during the 2003 powerful bull market. It was a great stock with great fundamentals back in 2003 and once again it is a well performing stock with great fundamentals.
Omnivision Technologies designs digital/analog image sensors for compact cameras used in mobile phones, notebook computers, and web cams and the demand for these products are very heavy right now and can completely be seen...
The Applied Finance Group's (AFG’s) valuation techniques have proven successful at identifying mispriced securities. Clients use the tools built by AFG to identify investment opportunities in order to outperform their benchmarks. Normally when searching for attractive investment opportunities, AFG uses, along with Valuation, a combination of proprietary variables that include Economic Performance (EM), Management Quality, and Earnings Quality. Although our valuation variable (Value Score) works best in concert with our other proprietary variables, AFG’s valuation metric also works well on its own.
US stock index futures are moderately lower this morning after mostly positive trading in Asia, excluding Japan, and a down session in eurozone and UK markets.
Global markets have cooled after nearly a week of gains, largely on lower commodity prices. Energy prices fell overnight as the dollar strengthened against most currencies.
Stocks have been struggling lately, to put it mildly, but earnings season has been pretty decent. Stock prices in the tech sector has been especially weak but I don't believe tech deserves the cold shoulder. Here's why.
I've been keeping track of some of the tech bellwethers as well as some of the smaller players.All in all, the results of this earnings season have been pretty positive.
At the forefront of new inventions and new product launches for 2010, the world's largest electronics show, the Consumer Electronics Show in Las Vegas, ended this week. If going in everyone was talking about advanced telephones, on the way out the big buzz was all about 3D.
With or without connection to the dizzying success of the movie Avatar, the first televisions with 3D processors will hit the market this year already. Together with the special glasses that will be included, we will be able to watch three dimensional...
The latest issue of 10x45 Bargain Hunter (.pdf), published on October 4th, presents the results of a proprietary Manual of Ideas stock screen for potential activist targets. The list includes 45 companies, nine of which are new additions to the list. In order for a company to join the list, it must have a strong balance sheet that could be recapitalized or liquidated to achieve activist value creation; and insiders must own less than 20% of the shares, implying an inability to exercise voting control over the company. Here are the newcomers to...
Has the time come to take profit in chip stocks? The sector has been on a tear, with the SOX up 45% since the November bottom. Citigroup’s Glen Yeung wrote a note this morning which pointed out that “investors are naturally considering taking profits,” and that that this will likely be the case in the near term.
Adding fuel to the profit-taking theory, Yeung says, is a peaking ratio of upward/total earnings estimate revisions, and “seasonal trading patterns that typically point to some retrenchment” in the June quarter....
The Semiconductor HOLDRs (AMEX:SMH) trust issued receipts are up over 10% for the year. Lazard Capital Markets analyst Daniel Amir explains that while a rebound is felt among chip companies, it is due more to increased production after inventories emptied out, and less to significant strengthening demand among sales chains.
Amir estimates that if demand won’t improve ahead of the back-to-school season during the summer, and holiday purchases toward the end of the year, we’re likely to return to the situation at the end...
EVENT: 64 US-Traded Semiconductor Companies: Revenue-Weighted F09 Street Revenues -14.9% Y/Y CAUSE: Well-Known Macro Weakness; Lots Of Negative Supply Chain Data; But Estimates Not Low Enough IMPACT: Q1, 2009 Guidance Likely Well Below Current Street Estimates; Our Best Case -23.0% Y/Y ACTION: Continue To Avoid Semis, Distributors, Foundries, Semi Equipment
EVENT: STREET SEES 09 Y/Y SEMI REVS -14.9%. In mid-December, we used Connexiti to screen for Y/Y revenue growth for US traded semiconductor companies with a market cap >$100M, which produced 64 names (see Taking Stock: Semis Digging A Deeper Hole: Street 2009 View Overstated, 12.16.08). At that time, the Street was modeling 2009...
Kilopass Technology, Inc., a provider of semiconductor logic non-volatile memory (NVM) intellectual property (IP), announced that Zoran Corp., a provider of digital solutions in digital ...
Zoran Corporation ( NASDAQ : ZRAN ) announced that its integrated solution for printers, a combination of the Quatro ® 4230 processor and IPS print language interpreter software, which delivers ...
By Chip Brian Below are the top five companies in the Semiconductors industry as measured by lowest relative performance. This analysis was based on yesterday's trading activity as we search for ...
Zoran Corporation (ZRAN) [Chart - Analysis - News] established a new 52-week low yesterday at $8.50. Clearly investors are not enthusiastic about the firm's prospects. The decline was accompanied ...
Analysts were expecting Actel Corporation (ACTL) [Chart - Analysis - News] earnings to come in at $0.19 per share for last quarter, but ACTL beat expectations with actual earnings of $0.25---6 ...
By Chip Brian Zoran (NASDAQ:ZRAN) traded in a range yesterday that spanned from a low of $8.60 to a high of $9.02. Yesterday, the shares fell 11.86%, which took the trading range below the 3-day ...
Volterra Semiconductor Corporation (NASDAQ:VLTR) shares were down 15.62% in morning trading on volume of over 1.92 Million shares traded, more than 3 times it's average daily volume of 550,000 ...
SANTA CLARA, Calif.--(BUSINESS WIRE)--Kilopass Technology, Inc., a leading provider of semiconductor logic non-volatile memory (NVM) intellectual property (IP), today announced that Zoran ...
Actel Corporation (ACTL) [Chart - Analysis - News] is scheduled to announce earnings after the market closes on Thursday, July 29th. Looking at the analyst consensus, it appears most traders ...
NEW YORK (Market Intellisearch) -- Shares of Zoran Corporation closed below the 50-day moving average of $9.66. When analyzing trading patterns, technical analysts and investors will view this ...