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Lufthansa Hit with Cabin Crew Strike

Published on Fri, 08/31/2012 - 09:51
By FNNO Staff in analysis, business finance, FNNO, market, news, News corner, stock, trading

According to Reuters, the cabin crew union, UFO, is demanding promises from Lufthansa that it will not outsource jobs, or continue to employ temporary workers, as well as a 5% increase in pay. Lufthansa, like other airlines, is be

Travelers trying to take advantage of the last days of summer experiencing some trouble today as German airline Lufthansa has been hit with a cabin crew strike. The vast majority of flights to and from the airline's Frankfurt hub

By FNNO Staff
fnnonline@gmail.com

Knight Capital Receives 3 New Board Members

Published on Tue, 08/28/2012 - 16:00
By FNNO Staff in analysis, business finance, FNNO, market, news, News corner, stock, trading

Knight's recent troubles stem from an August 1st trading flub, caused by a technical hiccup, which cost the company approximately $440 million.

Knight Capital, after its very public trading error earlier this month, has added three new members to its board. TD Ameritrade's CEO Fred Tomczyk, Blackstone Group's managing director Martin Brand, and General Atlantic's advisory

By FNNO Staff
fnnonline@gmail.com

Angry Birds Creator Rovio Entertainment Plans IPO

Published on Mon, 05/07/2012 - 10:30
By FNNO Staff in analysis, business, finance, General Interest, investing, market, news, stock, trading, News Update

The company released its finances for 2011, saying their sales jumped tenfold to $100 million. Since its release of Angry Birds back in 2009, Rovio has remained at the top of the charts with more than 800 million downloads and ov

The company behind on of the most successful mobile games to date is planning on an initial public offering. Rovio Entertainment, the company behind the highly successful "Angry Birds" announced its business is strong enough for

By FNNO Staff
fnnonline@gmail.com

U.S. Treasury to Sell $5 Billion of AIG Stock

Published on Mon, 05/07/2012 - 10:30
By FNNO Staff in analysis, business, finance, investing, market, news, News corner, stock, trading, News Update

Each share of the 163.9 million being sold will be at a price of $30.50 each. This is below the closing price Friday May 4th of $32.83 a share. The sale will bring the government's stake down to 63% of the company from 70%.

This is the third offering the government has made of AIG in the past couple years.

The U.S. government is continuing to sell its stake in companies after the 2008 bailout. The U.S. Treasury Department agreed to sell $5 billion of American International Group shares in a stock offering, with AIG buying $2 billio

By FNNO Staff
fnnonline@gmail.com

GSI Commerce Reported Mixed Q4 Results, Top Line Up 25%

GSI Commerce has a potential upside of 39.1% based on a current price of $22.24 and an average consensus analyst price target of $30.93.

GSI Commerce is currently below its 50-day moving average (MA) of $23.32 and below its 200-day MA of $25.10.

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GSI Commerce (NASDAQ:GSIC) reported Q4 EPS of $0.57, topping consensus estimates of $0.51 per share. Revenues for the quarter rose 25% year-over-year to $537.0 million, ahead of consensus estimates of $532.9 million.

By Christie Duffy
cduffy@fnno.com

Equinix Tops Q4 Sales and EPS Estimates

The company sees Q1 sales of $354-$356 million vs a Street target of $354 million. Gross margins are expected to be approximately 64%.

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Equinix (NASDAQ:EQIX) reported Q4 EPS of 29 cents, topping consensus estimates of 23 cents. Revenue totaled $345.2 million, inline with Street estimates.

By Christie Duffy
cduffy@fnno.com

Cisco Tops Q2 Estimates, But Shares Fall

Cisco reported adjusted inventory turns of 10.0 and days sales outstanding of 40 days. That is is up from 38 days during Q1.

Chairman and CEO John Chamber said, "The quarter played out as we expected. Our strategy of tightly integrating our multiple products through an architectural approach is working, and we are delivering innovation in each major pro

market, share, eps, earning, revenue, roi, return, invest, advice, analyst, ceo, executive, cfo, finance, financial, buy, sell, stock, share, market, sector, industry, quarter, year, estimate, consensus, wall street

Cisco (NASDAQ:CSCO) reported fiscal Q2 EPS of 37 cents, topping consensus estimates of 35 cents. Sales in the quarter totaled $10.41 billion, above the Street estimate of $10.24 billion.

By Christie Duffy
cduffy@fnno.com

Nvidia (NVDA) Approaches New Downside Target of $23.12

Published on Wed, 02/09/2011 - 16:23
By Christie Duffy in business, down, exchange, finance, General Interest, market, NVDA, profit, revenue, stock, trade, up, business, down, exchange, finance, market, profit, revenue, stock, trade, up, Market Movers

Over the past year, Nvidia has traded in a range of $8.65 to $26.17 and is now at $23.10, 167% above that low. The 200-day and 50-day moving averages have moved 0.93% higher and 3.69% higher over the past week, respectively.

finance, trade, up, down, business, stock, market, exchange, profit, revenue
NVDA

Shares of Nvidia (NASDAQ:NVDA) have bearishly opened below the pivot of $24.14 today and have reached the first support level of $23.50. Analysts will be watching for a cross of the next downside pivot targets of $23.12 and $22.09

By Christie Duffy
cduffy@fnno.com

Watch for Shares of Pfizer (PFE) to Approach Support at $18.93

Published on Wed, 02/09/2011 - 16:23
By Christie Duffy in business, down, exchange, finance, General Interest, market, profit, revenue, stock, trade, up, PFE, business, down, exchange, finance, market, profit, revenue, stock, trade, up, Market Movers

Pfizer share prices have moved between a 52-week high of $19.39 and a 52-week low of $14.00 and are now trading 35% above that low price at $18.95 per share. Over the last five market days, the 200-day moving average (MA) has gone

finance, trade, up, down, business, stock, market, exchange, profit, revenue

Shares of Pfizer (NYSE:PFE) opened today below their pivot of $19.11 and have already reached the first level of support at $19.04. Investors may be interested in a cross of the next downside pivot targets of $18.93 and $18.74.

By Christie Duffy
cduffy@fnno.com

Citigroup (C) Breaks Through Support at $4.86

Published on Wed, 02/09/2011 - 16:23
By Christie Duffy in business, down, exchange, finance, General Interest, market, profit, revenue, stock, trade, up, c, business, down, exchange, finance, market, profit, revenue, stock, trade, up, Market Movers

Citigroup share prices have moved between a 52-week high of $5.15 and a 52-week low of $3.11 and are now trading 55% above that low price at $4.83 per share. Over the last five market days, the 200-day moving average (MA) has rema

finance, trade, up, down, business, stock, market, exchange, profit, revenue

Shares of Citigroup (NYSE:C) opened today below their pivot of $4.89 and have already reached the first level of support at $4.86. Investors may be interested in a cross of the next downside pivot targets of $4.83 and $4.77.

By Christie Duffy
cduffy@fnno.com

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