MikeLigalig.com

Pagasa monitoring LPA near Mindanao

MANILA, Philippines ? A low pressure area near Mindanao is being monitored Monday by the state weather bureau.

 

The LPA was last seen 1,120 kilometers east of Southern Mindanao, the Philippine Atmospheric Geophysical and Astronomical Services Administration said.

 

Although there are a few LPAs formed at this time of the year, weather forecaster Jori Loiz told INQUIRER.net that the chances are not "unusual."

 

Meanwhile, the northeast monsoon continued to prevail over Luzon.

 

"The regions of CARAGA, Davao and Soccsksargen will experience cloudy skies with moderate to heavy rainshowers and thunderstorms which may trigger flashfloods and ...Keep on reading: Pagasa monitoring LPA near Mindanao

Source: Pagasa monitoring LPA near Mindanao

3 motorcycle riders killed in Pasig road mishap

MANILA, Philippines?Three people were killed when the motorcycle they were riding figured in an accident in Pasig City a little past midnight Monday, a city traffic officer said.

 

Liberty Detera, desk officer at Pasig City traffic department identified the fatalities as Aldrin Bisal, Daryl Maderaso and Reymark Pontay, who died on the spot following the accident that transpired at the southbound lane of Bagong Ilog-C5 in Pasig City around 12:05 a.m.

 

The accident involved a Kawasaki Rouser motorcycle (OD 6064) driven by Bisbal along with the two other victims, and a taxi (TXU 971) driven by Michael Epay.

 

No other information was immediately available...Keep on reading: 3 motorcycle riders killed in Pasig road mishap

Source: 3 motorcycle riders killed in Pasig road mishap

Yen weakens in Asia after G20 talks

TOKYO ? The yen weakened in early Asian trade Monday after a G20 meeting ended with the world's leading economies pledging not to devalue their currencies, but without targeting Tokyo over the yen's plunge.

 

The dollar strengthened to 93.90 yen, against 93.53 yen in New York on Friday, while the euro fetched 125.40 yen, from 124.97 yen in US trading.

 

The G20 pledge echoed a similar recent statement by the G7 richest nations which was also approved by Japan, whose monetary policy has been heavily criticised over claims it guided the yen's steep fall in recent months.

 

Japan's new government and the central bank have denied they were orchestrating...Keep on reading: Yen weakens in Asia after G20 talks

Source: Yen weakens in Asia after G20 talks

Current stars celebrate Jordan at 50

HOUSTON ? Michael Jordan turned 50 on Sunday, giving this year's NBA All-Stars a chance to reflect on his illustrious career and how much he still means to the sport.

 

In a weekend filled with the NBA's greatest players, Jordan was the topic no one could stop talking about. Though he hasn't played since the 2002-03 season, Jordan's influence still permeates the league and its players.

 

Miami Heat star Dwyane Wade said, "everything he did was groundbreaking."

 

Jordan won six titles and picked up five MVP awards during a career spent mostly with the Chicago Bulls that began in 1984.

 

Jordan was in Houston this weekend, and celebrated hi...Keep on reading: Current stars celebrate Jordan at 50

Source: Current stars celebrate Jordan at 50

Winning the war against electronic waste

MANILA, Philippines?By the time you get your hands on the newest phone model you?ve always wanted, a faster, smaller and perhaps even cheaper version comes out of the pipeline.

 

Such is the blistering pace of today?s advances in technology that any product becomes obsolete in a matter of months.

 

The accelerating rate of replacement, however, has resulted in a serious problem that is growing in magnitude?the proliferation of electronic waste worldwide.

 

According to data from the International Environmental Technology Center of the United Nations Environment Program, an estimated 50 million tons of e-waste are produced every year.

 ...Keep on reading: Winning the war against electronic waste

Source: Winning the war against electronic waste

Global Warming Consensus Looking More Like A Myth

Environment: The global warming alarmists repeat the line endlessly. They claim that there is a consensus among scientists that man is causing climate change. Fact is, they're not even close. Yes, many climate scientists believe that emissions of greenhouse gases are heating the earth. Of course there are some who don't. But when confining the question to geoscientists and engineers, it turns out that only 36% believe that human activities are

Source: Global Warming Consensus Looking More Like A Myth

Obama's Nominees Exhibit Extremism And Incompetence

Cabinet: Imagine a defense secretary decimating the Pentagon, a CIA chief favoring killing U.S. citizens on U.S. soil and a treasury secretary ignorant of where his own money resides? Say hi to President Obama's new team. Republican senators are being attacked endlessly for "filibustering" -- which they are not -- former GOP Sen. Chuck Hagel's nomination as defense secretary. In fact, Democratic senators similarly demanded 60 votes for at least two

Source: Obama's Nominees Exhibit Extremism And Incompetence

Good News: Delay Of ObamaCare's Launch More Likely

Health Care: Now that ObamaCare appears unstoppable, the question is can it be delayed? Thanks to bureaucratic bumbling combined with the law's massive complexity, delay appears to be increasingly inevitable. On Thursday, Senate Finance Committee Chairman Max Baucus told HHS to cough up details on how it plans to get ObamaCare "exchanges" ready in time in dozens of states. Baucus' demand came after the Health and Human Services official in charge

Source: Good News: Delay Of ObamaCare's Launch More Likely

Will Obama Trade A Carbon Tax For Keystone XL?

Taxes: The president may try to satisfy both environmentalists and pro-growth blocs by tying the shovel-ready project curiously left out of the State of the Union to just-introduced carbon-tax legislation. Having failed to lower the sea levels in his first term, President Obama, in the first SOTU of his second term, highlighted the need for fighting climate change and proposed an Energy Security Trust Fund to siphon off money from those who

Source: Will Obama Trade A Carbon Tax For Keystone XL?

New HUD Regulations Will Make Discrimination Worse, Not Better

A recent regulation issued by the Department of Housing and Urban Development (HUD), purportedly designed to prevent housing discrimination, would effectively increase discrimination and require that mortgage lenders, insurers, and landlords abandon economically sound business practices. And if that were not bad enough, HUD's regulation also violates the principle of equal protection under the law, enshrined in our Constitution by the Fourteenth

Source: New HUD Regulations Will Make Discrimination Worse, Not Better

Sequestration Isn't A Meat Ax--It Requires Cuts Of Just 3%

When President Obama spoke in February 2009 at the opening of his much-heralded White House Fiscal Responsibility Summit,he spoke with admirable forthrightness about the dangers of deficits and debt. "For too long, our budget process in Washington has been an exercise in deception,a series of accounting tricks to hide the expense of our spending and the shortfalls in our revenue and

Source: Sequestration Isn't A Meat Ax--It Requires Cuts Of Just 3%

President Obama's Drone Wars Are Both Legal And Moral

The nation's vexation over the morality and legality of President Obama's drone war has produced a salutary but hopelessly confused debate. Three categories of questions are being asked. They must be separated to be clearly understood. 1. By what right does the president order the killing by drone of enemies abroad? What criteria justify assassination? Answer: (a) imminent threat, under the doctrine of self-defense, and (b) affiliation with

Source: President Obama's Drone Wars Are Both Legal And Moral

Brash New Texas Senator Ted Cruz Isn't Holding Back

Ted Cruz is not going to win Senator Congeniality. Not that he cares. The newly arrived Texas Republican has come out, well, guns blazing -- and not just on guns. The traditional stance for a freshman senator is to hold back a bit. Being reticent and deferential aren't qualities that come naturally to those who win Senate seats, but most new senators choose, as much as it clashes with their instincts, to tamp down. Not Cruz. Since being sworn in

Source: Brash New Texas Senator Ted Cruz Isn't Holding Back

New York City's Imperial Mayor Bloomberg Bans Again

Autocracy: Still pulsing with the power from outlawing big servings of sweet drinks, Michael Bloomberg now wants to run Styrofoam out of his city. Clearly, he believes that everyone has to live exactly as he wants them to live. During Thursday's State of the City address, New York Mayor Bloomberg called for a ban on Styrofoam food packaging. It's all a part of his crusade to eliminate smoking, sugary drinks, salt and other items he doesn't like --

Source: New York City's Imperial Mayor Bloomberg Bans Again

Rubio's Thirstiness Trumps Obama's Untruthfulness

Media Bias: In his State of the Union, President Obama repeatedly misled the American people on matters of huge substance. Afterward, somehow, the big story is ... a bottle of water during the Republican rebuttal. Why does a re-elected chief executive, dubiously claiming a mandate from the people, insult the intelligence of millions of Americans struggling to stay afloat in a contracting economy during the worst economic recovery on record with

Source: Rubio's Thirstiness Trumps Obama's Untruthfulness

Obama's Free Trade With Europe Fraught With Red Flags

Commerce: In his State of the Union address, President Obama announced talks with Europe for the most ambitious trade partnership ever attempted. So how come it doesn't include the words "free trade"? bfgs'Tonight, I am announcing that we will launch talks on a comprehensive Transatlantic Trade and Investment Partnership with the European Union -- because trade that is free and fair across the Atlantic supports millions of good-paying American

Source: Obama's Free Trade With Europe Fraught With Red Flags

Obama Should Classify Fort Hood Attack As Act Of Terror

War On Terror: Victims of the Fort Hood shooting, including a prior SOTU guest, say they've been neglected by the military, "betrayed" by the president and denied full benefits in the name of political correctness. Kimberly Munley was one of two police officers who confronted Fort Hood shooter Major Nidal Hasan when he shouted "Allahu Akbar" and opened fire on U.S. soldiers. Thirteen people were killed, including a pregnant soldier, and 32 others

Source: Obama Should Classify Fort Hood Attack As Act Of Terror

Time For Higher Education To Prove Its Worth

Politicians are warming to the idea that students should get their money's worth. That's a start. The real question is whether the higher-ed establishment will get on board. The parties in Washington agree on very little, but there was one significant bipartisan theme when President Obama and the Republican opposition had their say on Tuesday. It was about the cost of college and the need to do something about it. Obama, in his State of the Union,

Source: Time For Higher Education To Prove Its Worth

Democrats Spread A Big Lie About Civil Rights History

Liberals ignored my book "Mugged: Racial Demagoguery From the Seventies to Obama" throughout the fall. Now that I'm safely home from my book tour, they feel free to jabber on about their make-believe history of the civil rights movement with abandon. In the hackiest of all hacky articles, Sam Tanenhaus, the man responsible for ruining The New York Times Book Review, has written a cover story in The New Republic, titled: "Original Sin: Why the

Source: Democrats Spread A Big Lie About Civil Rights History

Minimalist Coolidge Presidency Among Most Successful

Before Ronald Reagan traveled the 16 blocks to the White House after his first inaugural address, the White House curator had, at the new president's instruction, hung in the Cabinet room a portrait of Calvin Coolidge. The Great Communicator knew that "Silent Cal" could use words powerfully -- 15 of them made him a national figure -- because he was economical in their use, as in all things. Were Barack Obama, America's most loquacious president (699

Source: Minimalist Coolidge Presidency Among Most Successful

President Obama's No-Growth State Of The Union

An anti-jobs, anti-growth agenda Even with average wages, adjusted for inflation, dropping for 21 of the last 23 months, higher rates of poverty, 23 million Americans unable to find regular work, ongoing $1 trillion deficits, ObamaCare pushing employers to cut full-time workers and hire part-timers, and the gross domestic product falling during the last quarter, there wasn't much in President Obama's second inaugural address about job creation,

Source: President Obama's No-Growth State Of The Union

Obama Appointee Put Money In The Caymans--Like Mitt

President Obama won re-election in part by beating up on his opponent for receiving big corporate payouts in exchange for dubious work and for socking away money in tax havens such as the Cayman Islands. So it's a bit, well, rich that Obama chose as his new treasury secretary a man who received a big corporate payout for dubious work and who socked away money in the Cayman Islands. This awkward fact pattern forced a role reversal Wednesday on

Source: Obama Appointee Put Money In The Caymans--Like Mitt

Obama's Big State Of The Union Lie

'Already, the Affordable Care Act is helping to slow the growth of health-care costs," the president claimed Tuesday. This ranks as one of the biggest State of the Union whoppers ever told. In fact, not only are health-care costs climbing, but employers are also shifting those costs onto the very "middle-class" families Obama spent much of his speech championing. Since ObamaCare was enacted, family health-insurance premiums on average have soared

Source: Obama's Big State Of The Union Lie

Lawyers Panic Over Litigation Crisis Of Their Making

Litigious Society: As litigation mushrooms, attorneys are organizing to make law school easier and outsource some work to nonlawyers. It's time for lawyers to admit that this country has too many laws. It was more than two decades ago when Cato Institute senior fellow and former Manhattan Institute scholar Walter Olson lifted the lid on just how over-lawyered a society that once shunned the lawsuit had become. "America's common law tradition,"

Source: Lawyers Panic Over Litigation Crisis Of Their Making

Obama Unveils His Economy-Killing Cap-And-Tax Plan

Energy: The president's proposed Energy Security Fund will stifle the private energy sector boom and provide permanent funding for future Solyndras and electric cars that nobody wants. And what about that pipeline, sir? A nonexistent crisis is a terrible thing to waste, and in justifying his proposal for a cap-and-tax scheme, President Obama claimed in his State Of The Union that "the 12 hottest years on record have all come in the last 15." He

Source: Obama Unveils His Economy-Killing Cap-And-Tax Plan

Rubio Calls On Obama To Follow Growth-Oriented Policies

Sen. Marco Rubio of Florida delivered the Republican response to President Obama's State of the Union speech. Following is a full transcript of his remarks. Good evening. I'm Marco Rubio. I'm blessed to represent Florida in the United States Senate. Let me begin by congratulating President Obama on the start of his second term. Tonight, I have the honor of responding to his State of the Union address on behalf of my fellow Republicans. And I am especially honored

Source: Rubio Calls On Obama To Follow Growth-Oriented Policies

Britons Are Failed Again By Their National Health Service

Socialized Medicine: The broken promises of ObamaCare are many and well-documented. But sometimes the lies are unspoken. In this category we would place the story of deadly health care in Great Britain. We've chronicled for some time the deep problems of the United Kingdom's National Health Service and warned that the U.S. can expect the same shabby, too-often fatal, treatment if it continues its path to a single-payer system run by government.

Source: Britons Are Failed Again By Their National Health Service

State Of The Union Shtick: Obama's 5 Unintentionally Comical Lines

Speeches: While pundits focused on the dreary policy details in President Obama's State of the Union speech, we were left wondering who writes his material these days. The speech was full of -- apparently -- accidental humor. Either Obama recruited writers from "The Daily Show" or a thick cloud of unreality has descended on the White House. How else to explain lines like these in Tuesday's speech: "It is not a bigger government we need, but a

Source: State Of The Union Shtick: Obama's 5 Unintentionally Comical Lines

Obama Ignores The Rule Of Law

Presidents' State of the Union addresses are delivered in the chamber of the House of Representatives in the Capitol. The classical majesty of this building where laws are made symbolizes the idea that we live under the rule of law. Unfortunately, the 44th president is running an administration that too often seems to ignore the rule of law. "We can't wait," Barack Obama took to saying after the Republicans captured a majority in the House and

Source: Obama Ignores The Rule Of Law

Slow Recovery Is Result Of Repeated Policy Mistakes

It's Not the Recession, It's the Recovery It's not the recession that is now America's economic problem, it's the recovery. February's bad economic news should serve as a long overdue wake-up call. It is time policymakers stopped blaming the past and started worrying about the present. February's first week delivered two solid kicks to the assumption that the economy is improving. First, was the report that the economy shrank 0.1% in 2012's fourth

Source: Slow Recovery Is Result Of Repeated Policy Mistakes

State Of The Union Rhetoric Masks Failure To Act

There is something entirely appropriate about holding the State of the Union address on the same day as Mardi Gras. One is a display of wretched excess, when giddy and rowdy participants give in to reckless and irresponsible behavior. The other is a street festival in New Orleans. There is, thankfully, less nudity in the House chamber for the president's annual address, and (slightly) less inebriation. But what occurs beneath the Capitol Dome is

Source: State Of The Union Rhetoric Masks Failure To Act

Media Strangely Quiet About Dorner's Lack Of Father

Dorner--Another Angry Fatherless Black Man With a Gun My new book, "Dear Father, Dear Son," talks about the No. 1 social problem in America -- children growing up without fathers. In 1965, Daniel Patrick Moynihan wrote "The Negro Family: A Case for National Action." At the time, 25% of blacks were born outside of wedlock, a number that the future Democratic senator from New York said was catastrophic to the black community. Moynihan wrote: "A

Source: Media Strangely Quiet About Dorner's Lack Of Father

North Korea And Iran--A Perfect Nuclear Alliance

Nuclear Terror: North Korea has detonated a bigger, better atomic bomb, and the U.S. government warns that Pyongyang could be testing for Iran. These two monstrous powers have hatred of America in common. The underground detonation this week of a "miniaturized and lighter nuclear device with greater explosive force than previously," in North Korea's description, makes no sense in the mindset of President Obama. Nor does the regime's charge of

Source: North Korea And Iran--A Perfect Nuclear Alliance

California Doctor Shortage: Should Have Been Expected

The news out of California says there aren't enough doctors in the state to treat the flood of new patients who will be covered by ObamaCare. The Democrats' overhaul continues to be exposed as a cruel fraud, a legislative wreck that is no solution at all. This should have been expected. Our own polling of doctors in 2009 predicted a shortage. Almost half of the respondents -- 45% -- said they would consider closing their practices or retiring early

Source: California Doctor Shortage: Should Have Been Expected

Obama Peddles a Dangerous Fantasy About the Debt Crisis

Fiscal Policy: President Obama now says the deficit problem is all but fixed, so we can stop all this unpleasant talk about spending cuts and get on with government spending. Maybe this is good politics, but it's reckless policy. In the run-up to his State of the Union speech, Obama was running around telling everyone how we've already "cut our deficit by more than $2.5 trillion," and are now "more than halfway towards the $4 trillion in deficit

Source: Obama Peddles a Dangerous Fantasy About the Debt Crisis

Is DHS Ammo For Obama's "National Security Force"?

Gun Control: Our future president in 2008 called for "a civilian national security force that's just as powerful, just as strong, just as well-funded" as the military. Should the "bitter-clingers" be worried? As Andrew Malcolm has noted on these pages, the Department of Homeland Security has been buying lots of ammo, enough by one calculation to fight the equivalent of a 24-year Iraqi War. Some have speculated about a link between the stockpiling

Source: Is DHS Ammo For Obama's "National Security Force"?

Obama's New Scheme To 'Fix' Credit Scores

Socialism: Before "reforming" private industry, President Obama has to convince the public it's broken, just as he did with health care and banking. Next up on his workbench: the credit-scoring industry. Obama's regulators claim consumer credit reports are full of "errors" and need to be "fixed." The claim is backed up by a new Federal Trade Commission study and a convenient rollout on "60 Minutes," which called its findings that 1 in 5 consumers

Source: Obama's New Scheme To 'Fix' Credit Scores

Our Real Problem Is Cultural Decay, Not Guns

There's a story told about a Paris chief of police who was called to a department store to stop a burglary in progress. Upon his arrival, he reconnoitered the situation and ordered his men to surround the entrances of the building next door. When questioned about his actions, he replied that he didn't have enough men to cover the department store's many entrances but he did have enough for the building next door. Let's see whether there are

Source: Our Real Problem Is Cultural Decay, Not Guns

Obama's Economic Growth Record Is The Worst In 60 Years

0.8% -- The Abysmal Rate of Economic Growth under Obama President Obama's defense of his economic stewardship has effectively amounted to this: At least we no longer have the Bush-era economy. With an entire 4-year term in the books, it's now possible to confirm, and to lament, the essential truth of those words. Prior to Obama, the second term of President Bush featured the weakest gains in the gross domestic product in some time, with average

Source: Obama's Economic Growth Record Is The Worst In 60 Years

Medicaid Is A Verb: Milking The Taxpayer



Source: Medicaid Is A Verb: Milking The Taxpayer

Muslim World, Like West, Experiences A Fertility Plunge

Something startling is happening in the Muslim world -- and no, I don't mean the Arab Spring or the growth of Islamic fundamentalism. According to a leading demographer, a "sea change" is producing a sharp decline in Muslim fertility rates and a "flight from marriage" among Arab women. Nicholas Eberstadt, a scholar with the American Enterprise Institute, documented these findings in two recent papers. They tell a story that contradicts the usual

Source: Muslim World, Like West, Experiences A Fertility Plunge

Natural Gas Exports: A Boost The U.S. Economy Needs

The boom in U.S. natural gas production should be igniting a market explosion across the world. But opponents of open trade unwisely want to snuff out progress. Production of natural gas in this country has swelled from 18.9 million cubic feet in 2005 to more than 24 million cubic feet in 2011. It's a sharp jump, reminiscent of big gains made from 1950 to 1971. Without this boom, due in large part to a drilling and extraction method called

Source: Natural Gas Exports: A Boost The U.S. Economy Needs

Lindsey Graham Goes After White House Stonewalling

Benghazi: Sen. Lindsey Graham's threat to block the Chuck Hagel and John Brennan nominations may be the last hope for answers that the Obama White House should have provided long ago. Can one senator really force the president to come clean about the events of Sept. 11, 2012, when the U.S. ambassador to Libya and three other Americans were killed at a consulate in Benghazi? Probably not, at least not without a credible filibuster threat behind

Source: Lindsey Graham Goes After White House Stonewalling

The Venezuelan Train Crash

Economics: Venezuela has devalued its currency, joining Iran, Argentina and others whose wars on math brought the same result. Some call this a "restorative." It's not. It's what happens when big government hits a wall. Venezuela's monster 47% devaluation from 4.3 to 6.3 bolivars to the dollar, reportedly ordered by President Hugo Chavez from his hospital bed in Cuba, marks the reckoning for his regime's big-spending ways in Venezuela's low-growth

Source: The Venezuelan Train Crash

Obama Vastly Exaggerates The Impact of Sequester Cuts

Sequester: In his State of the Union speech, President Obama is sure to issue dire warnings about the automatic spending cuts resulting from the "sequester." But look closer, and the cuts are far less than meet the eye. As the March deadline for the sequester draws closer, Obama's rhetoric about the cuts it will impose grows more overheated. In his radio address over the weekend, he said they would be "a huge blow to middle-class families and our

Source: Obama Vastly Exaggerates The Impact of Sequester Cuts

Chris Christie Makes The Case For 'Fat But Fit'

Politics: Chris Christie is a pioneer -- the first potential president openly being judged for his weight. If his poundage is the worst thing his critics can talk about, his political future looks bright. Let us say right up front that, from what we know of the medical literature and the risks of obesity, the governor of New Jersey would not hurt himself by losing a few pounds. But we are not doctors, much less Chris Christie's personal physician.

Source: Chris Christie Makes The Case For 'Fat But Fit'

Despite Some Changes, Obamacare Still Violates Religious Rights

The Obama administration is trying to convince us it has softened its contraceptive mandate, partly in an effort to calm opposition from the religious community. But the threat to religious liberty is as virulent as ever. The administration has not budged on its plan to require that female workers and college students have free access to "reproductive services," including sterilization procedures, contraceptives, and abortion-inducing drugs. And

Source: Despite Some Changes, Obamacare Still Violates Religious Rights

Rove Goes Rogue On Tea Party

Battle for Control of the Republican Party Begins Karl Rove has declared war on grass-roots conservatives and Tea Parties. Rove, who had the richest super PAC in 2012 (American Crossroads, which reportedly spent $300 million in the 2012 election cycle), has started a new fund called Conservative Victory Project to spend big bucks in the 2014 Republican primaries to defeat GOP candidates not approved by the Establishment. Rove's big money spending

Source: Rove Goes Rogue On Tea Party

Pope's Unselfish Choice Gives Church Chance For New Voices

Pope Benedict's resignation shouldn't have surprised us as much as it did. As an institutionalist who believes in the Roman Catholic Church as the carrier of truth in a sinful world, he would worry a great deal about the impact of his own infirmities on the institution's capacity to thrive. He is a traditionalist who was nonetheless much affected by modernity. He would therefore not be troubled that he had to reach far back to find a precedent for

Source: Pope's Unselfish Choice Gives Church Chance For New Voices

Suit Against S&P Looks Suspiciously Political

Ulterior Motives in the DOJ Suit against S&P? What has been distinct about Barack Obama's presidency is his inclination to operate in continuous campaign mode, to deflect attention away from his policy failures and to undermine opposition by politicizing the issues and policy responses he chooses to take up. So now with the president's attorney general Eric Holder having just announced the filing of a $5 billion DOJ suit against Standard & Poor's

Source: Suit Against S&P Looks Suspiciously Political

Zillow Soars On Q1 Outlook With Record January Users

Zillow (Z) shares were up 12% in early trading Thursday, at a nearly five-month high, after the online real estate company late Wednesday topped Wall Street's Q4 forecasts and Q1 outlook, saying it drew a record number of users in January. Mobile users are flocking to the company's apps, says Zillow CEO Spencer Rascoff. "We had more visits to Zillow on mobile than on the desktop" in Q4, Rascoff told IBD late Wednesday. "That's a terrific

Source: Zillow Soars On Q1 Outlook With Record January Users

Cisco Systems Misses High Expectations; Stock Down

Shares of Cisco Systems (CSCO) were down 1% in midday trading Thursday, as investors were hoping the company would raise its guidance for the current quarter. Late Wednesday, the No. 1 maker of computer networking gear reported fiscal Q2 earnings that beat Wall Street views, but its outlook for the current period that only met expectations. "(Cisco's) in-line guidance for the April quarter may be slightly disappointing given high expectations amid

Source: Cisco Systems Misses High Expectations; Stock Down

NetApp Product Sales Flat; Stock Down Despite Q2 Beat

Shares of NetApp (NTAP) were down 1.7% in midday trading Thursday, though the provider of data storage systems late Wednesday beat quarterly estimates and slightly raised guidance. NetApp reported earnings per share minus items of 67 cents, well above the consensus estimate of 56 cents and up 16% from the year-earlier quarter. That reversed two straight quarters of double-digit EPS declines. Revenue rose 4% to $1.63 billion, the best showing in

Source: NetApp Product Sales Flat; Stock Down Despite Q2 Beat

TripAdvisor Profit Margin Lags, But Q4 Earnings Beat

TripAdvisor (TRIP) shares were down 6% in early trading Thursday, after the provider of travel reviews and related content late Wednesday issued an adjusted Q4 EBITDA margin lower than some analyst estimates, driven by higher cost of revenue and sales and marketing. The company's Q4 sales and profit, however, edged analyst estimates on a double-digit jump in click-based advertising. Here's IBD's report. TripAdvisor said Q4 sales rose 23% to $169.4

Source: TripAdvisor Profit Margin Lags, But Q4 Earnings Beat

DirecTV Subscriber Gains In Latin America Power Q4

DirecTV Group (DTV) said it added 658,000 subscribers in Latin America in Q4, up 12% from the year-earlier quarter, and announced a new $4 billion stock repurchase program, sending shares up 2% in early trading Thursday. Growth in Latin America has been a driver of DirecTV's stock, though shares sold off in late 2012 on speculation the satellite TV broadcaster could make a big acquisition in Brazil. Before the open Thursday, DirecTV said Q4

Source: DirecTV Subscriber Gains In Latin America Power Q4

Equinix Shares Rise, '13 Outlook Seen 'Conservative'

Shares in Equinix (EQIX) edged up 4% in early trading Thursday after the data center reported Q4 revenue, adjusted for a one-time tax benefit, that beat estimates. Equinix said Q4 sales increased 19.5% to $506.5 million, including a $2.3 million tax gain http://finance.yahoo.com/news/equinix-reports-fourth-quarter-end-21010 0027.html. Excluding items, EPS rose to 88 cents per share, up from 35 cents per share in the year-earlier period. Equinix

Source: Equinix Shares Rise, '13 Outlook Seen 'Conservative'

Samsung Crushes Smartphone, Android Rivals In Q4

Samsung should send Google a thank-you note for developing the Android operating system. The South Korean electronics giant has taken the free-to-use, open-source software and built a massive smartphone business around it. In the fourth quarter, Samsung accounted for 31.1% of smartphone sales worldwide, putting it in the lead

Source: Samsung Crushes Smartphone, Android Rivals In Q4

TripAdvisor Q4 Sales, EPS Beat; Shares  Down 10%

TripAdvisor shares were down 10% in after-hours trading Wednesday, despite the provider of travel reviews posting Q4 results that edged sales and earnings forecasts on a double-digit jump in click-based advertising. Shares closed regular trading at 46.90, up 0.5% on the day. The company also announced a $250 million stock buyback plan. For the fourth quarter, TripAdvisor (TRIP) said sales surged 23% to $169.4 million, beating Wall Street forecasts

Source: TripAdvisor Q4 Sales, EPS Beat; Shares  Down 10%

Cisco Systems Revenue Outlook Lags; Europe Weighs

Cisco Systems' comeback might have derailed a bit late Wednesday, when the company's sales outlook for the current quarter missed Wall Street expectations. Cisco's (CSCO) earnings outlook met views, however, and its earnings and sales for its fiscal Q2 beat expectations. Investors sent shares down 2% in after-hours trading, after the report. Shares rose nearly 1% in Wednesday's regular session, and the stock is up 25% in the past three months,

Source: Cisco Systems Revenue Outlook Lags; Europe Weighs

What Will The State Of The Union Do For Tech Stocks?

Could technology comments in the State of the Union speech and a new cybersecurity executive order actually help government contractors, security firms, solar companies and electric car makers? Tech stock action was mixed Wednesday, so investors are not exactly rallying the broad ideas. But long run, security and alternative energy industries in particular might see effects from Obama administration policies emphasized in the SOTU address. Obama

Source: What Will The State Of The Union Do For Tech Stocks?

Has Intel cracked the TV problem that Apple couldn't?

Raise your hand if you think Intel (INTC) can offer a significantly better TV set-top box and Internet streaming video service than Apple (AAPL), Roku, Boxee and other players already in the market.
Yeah, that's what I thought. I don't think so either.
The chipmaker made a big splash Tuesday with its announcement that it would build its own consumer electronics device and provide a TV service for it later this year. Speaking at the D: Dive Into Media conference, Erik Huggers, corporate vice president at Intel Media, said the company is developing an Internet television platform and has staffed the new division with people from Apple, Google (GOOG) and Netflix (NFLX).
"For the first time, we will deliver a new consumer electronics product under a new brand," Huggers said. "We'll offer consumers a box, and they'll buy this directly from us. It'll be an Intel-powered device with fantastic industrial design. But it's not just a device. We're working with the entire industry to figure out how we get live TV to consumers over the Internet."
The box and service will provide live TV, on-demand video, "catch-up TV," and apps as well, he said.
Intel should call its new set-top box the WTF, because that was my response when I heard about it.
With Intel's core PC market softening, the Santa Clara, Calif.-based company is searching for new markets for its chips. Mobile devices are one and TV is another. But Intel has a poor track record with...

Source: Has Intel cracked the TV problem that Apple couldn't?

Hospira Stock Seesaws After Mixed Q4 Report, Guidance

Shares of Hospira (HSP) hit a six-month high early Wednesday, but then plunged and was down more than 8% in afternoon trading, after the company issued a mixed earnings report and continued its struggles with the FDA. The company, which sells a mixture of generic drugs and drug-delivery devices, narrowly beat analysts' Q4 expectations with profit of 55 cents a share and sales of $1.1 billion, both up 8% from the year-earlier quarter. However, its

Source: Hospira Stock Seesaws After Mixed Q4 Report, Guidance

Trulia CEO Says Mobile Growth Powers Sales Outlook

Shares of real estate website Trulia (TRLA) were up 26% in afternoon trading Wednesday, at a new high, on strong mobile growth in Q4 and a better-than-expected outlook. "Mobile, on the consumer side, is just a rapidly growing, massive part of our business," Trulia CEO Pete Flint told IBD Wednesday. "We've been executing well and we've been benefiting from the unique mobile products that we have." The company late Tuesday said mobile unique users

Source: Trulia CEO Says Mobile Growth Powers Sales Outlook

Netgear Stock Hits Six-Month Low After Q1 Guidance

Shares of Netgear (NTGR) plunged to a six-month low Wednesday, down nearly 10% midday, after the company's first-quarter sales guidance missed estimates. Late Tuesday, Netgear, which makes routers and other networking devices for home use, reported flat Q4 sales of $310 million and a 20% profit decline to 55 cents a share. Analysts had expected that, but Q1 sales guidance of $290 million to $305 million came in below analysts' consensus of $317.6

Source: Netgear Stock Hits Six-Month Low After Q1 Guidance

Regeneron, Alexion Big-Cap Biotechs Sales Seen Rising

Big-cap biotechs Regeneron (REGN) and Alexion (ALXN) are both set to report Q4 results before the open Thursday, and both are expected to report double- or even triple-digit sales and earnings growth. Analysts expect Regeneron to have the steeper sales growth, as it's still ramping up its vision-loss drug Eylea after its approval in November 2011. Analysts polled by Thomson Reuters expect revenue of $392.64 million, up 219% from the year-earlier

Source: Regeneron, Alexion Big-Cap Biotechs Sales Seen Rising

Comcast Sets Higher Capital Spending Post-NBCU Deal

Comcast (CMCSA) says it plans to hike capital spending on both its cable TV and entertainment businesses in 2013, after announcing late Tuesday that it had agreed to buy General Electric's (GE) remaining stake in NBC Universal for $16.7 billion. Philadelphia-based Comcast bought 51% of NBCU from GE in early 2011. In a conference call with analysts early Wednesday, however, Comcast did not provide EPS or revenue guidance. Shares of Comcast were up

Source: Comcast Sets Higher Capital Spending Post-NBCU Deal

Ruckus Wireless Stock Falls On Conservative Guidance

Ruckus Wireless (RKUS) late Tuesday provided what an analyst called "prudently conservative" guidance, but investors called it disappointing, and shares fell. Shares of Ruckus were down 13% in early trading Wednesday, as investors apparently had higher hopes for what had been a highflying IPO. In a report released late Tuesday, Jason Ader, an analyst for William Blair & Co., said some investors may have hoped the maker of Wi-Fi gear would provide

Source: Ruckus Wireless Stock Falls On Conservative Guidance

Rackspace Stock Plummets After Q4 Miss, Downgrade

Shares of Rackspace Hosting (RAX) gapped down nearly 18% in early trading Wednesday, after the company missed Q4 revenue estimates and got a downgrade from Stifel Nicolaus. As IBD reported, revenue growth from cloud computing decelerated, as the company continues to rely on its legacy Web-hosting business. In its earnings release late Tuesday, the provider of cloud infrastructure services didn't provide guidance, as usual, but Stifel analyst Todd

Source: Rackspace Stock Plummets After Q4 Miss, Downgrade

3D-Related Proto Labs Soars On Strong Earnings, Sales

Quick-turn manufacturer Proto Labs (PRLB) churned out better-than-expected fourth-quarter profit and sales Wednesday morning, sending shares of the 3D related firm sharply higher in the stock market today. Proto Labs earned 31 cents a share, 5 cents above Wall Street estimates. Revenue rose 31% vs. a year earlier to $33.6 million, slightly above forecasts. Gross profit margin rose to 62.5% vs. 56.8% a year earlier. Shares shot up nearly 17% to

Source: 3D-Related Proto Labs Soars On Strong Earnings, Sales

Cisco Earnings Preview: New Growth Offsets Routers

Cisco Systems (CSCO) could deliver a little more than expected when the No. 1 computer networking equipment maker reports its fiscal second-quarter results after the market close on Wednesday. At least, that's the view of Shaw Wu, an analyst for Sterne, Agee & Leach. "Based on our supply chain checks, we anticipate revenue and earnings per share to be modestly better than consensus," he wrote in a research note released Monday. Cisco is continuing

Source: Cisco Earnings Preview: New Growth Offsets Routers

Amazon Kindle Fire Vs. Lenovo IdeaPad Laptop

The variety of portable computing devices is staggering, ranging from smartphones that are free with service contracts to portable workstation-level computers with 17-inch screens and horsepower to rival desktops. If you're in the market but don't have enough money for both, which should you buy, a tablet or a laptop? The answer isn't necessarily easy. There are pluses and minuses either way. Tablets can perform most of the same tasks as laptops,

Source: Amazon Kindle Fire Vs. Lenovo IdeaPad Laptop

Rackspace Down On Slowing Cloud Computing Growth

Rackspace Hosting late Tuesday reported fourth-quarter sales below estimates, as cloud computing growth slowed, sending shares down in after-hours trading. Rackspace (RAX) said Q4 revenue rose 24.5% to $352.9 million. Analysts polled by Thomson Reuters expected sales of $355.4 million. Rackspace posted Q4 profit, minus items, of 21 cents a share, up 17% from a year earlier, in-line with estimates. Rackspace garnered 24.7% of Q4 sales from cloud

Source: Rackspace Down On Slowing Cloud Computing Growth

Yahoo CEO Says Yahoo To Cut 75% Of Mobile Apps

SAN FRANCISCO -- To boost mobile ad revenue, Yahoo CEO Marissa Mayer plans to streamline Yahoo's app offerings, paring them by about 75% to just a few apps focused on daily user habits. Mayer is aiming for 12 to 15 key mobile apps from 65 to 70 now, she said at the Goldman Sachs Technology and Internet Conference in San Francisco on Tuesday. "When you start to see triple-digit (mobile user) growth in some areas, that's where we want to grow," Mayer

Source: Yahoo CEO Says Yahoo To Cut 75% Of Mobile Apps

Comcast Soars On $16.7 Bil NBCU Buyout, Dividend Hike

Comcast (CMCSA) said late Tuesday it will buy out General Electric's (GE) remaining stake in NBC-Universal for $16.7 billion and hiked its 2013 dividend, sending the cable TV firm's shares up 7% in after-hours trading. In addition to the 20% payout hike -- at the low end of analysts' estimate -- Comcast will buy back $2 billion in stock in 2013. Comcast will take full ownership of NBCUniversal, in the midst of a turnaround, at a

Source: Comcast Soars On $16.7 Bil NBCU Buyout, Dividend Hike

Ruckus Q4 Earnings, Q1 Outlook Beat, But Stock Falls

Shares of Ruckus Wireless (RKUS) were down nearly 6% in after-hours trading Tuesday, after the highflying IPO's results and guidance beat views, but perhaps not by as much as some investors hoped. In a pre-earnings research note released Monday, William Blair analyst Jason Ader said, "We believe the stock is likely to be driven by upward revisions to revenue and earnings, which we believe will be significant given the carrier Wi-Fi market's growth

Source: Ruckus Q4 Earnings, Q1 Outlook Beat, But Stock Falls

LinkedIn veering dangerously into Facebook territory

After passing the milestone of 200 million members, LinkedIn (LNKD) has been emailing thank-you notes to its most popular users.
But in doing so, it's making the professional social network look more like a clique-divided high school, where the popular kids rule.
LinkedIn members who are in the top 1%, 5% and 10% for profile views have been receiving congratulatory notes from the company and are encouraged to boast about their popularity on Twitter with the click of a button.
Notes with canned text like "Hurray! I have one of the top 1% most viewed @LinkedIn profiles for 2012" have been flooding Twitter. It's probably no coincidence that many of those LinkedIn users tweeting are beautiful women and handsome men. It's like the prom queens and kings of LinkedIn.
LinkedIn also has been emailing members who have the most...

Source: LinkedIn veering dangerously into Facebook territory

State Of The Union Likely To Tap Tech, Cybersecurity

The State of the Union speech Tuesday night will use, and likely touch upon, technology. An enhanced U.S. cybersecurity plan and alternative energy technology could both figure prominently in President Obama's talk, which is being marketed heavily through social networking outlets. The State of the Union address is scheduled for 9 p.m. ET Tuesday. Pundits expect it to feature big-picture topics such as the economy, jobs, taxes, immigration and

Source: State Of The Union Likely To Tap Tech, Cybersecurity

Netflix Targets Kids With Original Animated Series



Source: Netflix Targets Kids With Original Animated Series

EBay, PayPal To Focus On Smartphones, Tablets

E-commerce giant eBay (EBAY) will focus in the next few years on emerging markets and growth in mobile technology, trying to capitalize on a "sea change" in e-commerce sparked by rapid smartphone and tablet adoption, CEO John Donahoe said Tuesday. "I would say that we're going to see more change in the way people shop and play in the next three years than we've seen in the last 10 or 15 years," Donahoe said at Goldman Sachs Technology and Internet

Source: EBay, PayPal To Focus On Smartphones, Tablets

Google Seen Doubling Its Paid Ad Clicks On Tablets



Source: Google Seen Doubling Its Paid Ad Clicks On Tablets

Google, GE Announce Utility App Map Platform Pact

General Electric (GE) and Google (GOOG) unveiled an agreement Tuesday that will integrate Google Maps data into GE's Smallworld electrical, telecom and gas applications. The idea is to help utilities that use GE's Smallworld apps to increase productivity based on the ability to visualize and analyze their data. GE's Smallworld apps design and model complex network infrastructures for clients. The apps aim to create solutions for companies with

Source: Google, GE Announce Utility App Map Platform Pact

NetApp Will Test Data Storage Revival With Q3 Report

NetApp (NTAP) should provide insight on the state of information technology, and data storage, spending when it releases its fiscal Q3 earnings after the close Wednesday. The storage systems provider is expected to report earnings of 56 cents a share minus items, down 3% from the year-earlier quarter. But that's an improvement from double-digit losses in the previous two quarters. Consensus revenue for the quarter ended Jan. 25, as polled by

Source: NetApp Will Test Data Storage Revival With Q3 Report

Apple CEO Calls David Einhorn Suit 'Silly Sideshow'

Apple (AAPL) doesn't have a "depression-era" cash-hoarding mentality, and it also doesn't plan to increase spending on research and development, CEO Tim Cook said Tuesday. The Cupertino, Calif.-based iPhone and iPad maker plans to invest about $10 billion into R&D in 2013, on par with 2012. "Apple doesn't have a depression-era mentality," Cook said at the Goldman Sachs (GS) Technology and Internet conference, in San Francisco. "Apple makes bold

Source: Apple CEO Calls David Einhorn Suit 'Silly Sideshow'

Comcast, Fox Forge Digital Age Programming Deal

Comcast (CMCSA) and News Corp.'s (NWSA) Fox Networks said Tuesday that they've negotiated a new programming deal that will give Comcast's 22 million video customers digital access to content from Fox-owned local TV stations as well as cable channels. Comcast has been building up its Comcast Xfinity service, which provides online access to programming. Comcast and Fox said the new deal includes digital access "across televisions, computers,

Source: Comcast, Fox Forge Digital Age Programming Deal

SunPower, Solar Stocks Jump On Investing, Stability

Sand, sun and a rising wave? IBD's 23-company Energy-Solar industry group, currently No. 1 of 197 industry groups tracked, soared 7% on Monday to near a nine-month high set in January and was up more than 1% at the open Tuesday. The group is up 17% for the year. Ahead of the moves, a couple of research reports gave positive news. One predicted a boost in investor financing of residential solar systems. The other said polysilicon and solar panel

Source: SunPower, Solar Stocks Jump On Investing, Stability

TripAdvisor Seen Well-Positioned Ahead Of Q4 Report

Analysts will weigh TripAdvisor's (TRIP) revenue, mobile and long-term growth performance when the online travel site posts Q4 results after the close on Wednesday. The consensus estimate of 23 analysts polled by Thomson Reuters is for the provider of travel reviews and related content to post earnings per share of 21 cents, up 31% from 16 cents in the year-earlier period. Revenue is seen rising 21% to $167.05 million. EPS minus items are pegged

Source: TripAdvisor Seen Well-Positioned Ahead Of Q4 Report

Lenovo Pushes Into Storage In Joint Venture With EMC

Data storage wars are heating up -- especially in China. PC maker Lenovo, which has only dabbled in the storage business, has now taken the plunge through its first joint venture with EMC (EMC), a storage leader. The JV was announced early in January and the two have banded together to sell co-branded network area storage gear to enterprises and small businesses. Lenovo, a Chinese company that by one measure edged out Hewlett-Packard (HPQ) to

Source: Lenovo Pushes Into Storage In Joint Venture With EMC

Hawaii Advances Ambitious Plan To Be No. 1 Tech State

Hawaii is saying "aloha" to technology -- in a big way. In October, the state announced the completion of a 12-year tech road map that includes stepped-up online government services and broadband for all. "We are trying to balance aloha with a transformation of business, technology and organizational culture," said Sanjeev "Sonny" Bhagowalia, the state's chief information officer. Bhagowalia, who came aboard as Hawaii's first-ever CIO in 2011, has

Source: Hawaii Advances Ambitious Plan To Be No. 1 Tech State

Novo Nordisk Hit By Diabetes Drug Delay; Sanofi Rises

Shares of Novo Nordisk fell 14% and Sanofi rose 3.2% on Monday, a day after Novo announced that its challenger to Sanofi's leading drug has hit a roadblock. The Food and Drug Administration said it won't approve Novo's (NVO) long-acting insulin candidate degludec until it gets more data assessing the possible heart risks associated with the drug. This was a surprise since the FDA went beyond the recommendations that its advisory panel made in

Source: Novo Nordisk Hit By Diabetes Drug Delay; Sanofi Rises

Tesla CEO Slams 'Fake' NYT Review In Earnings Fracas

Leave it to Tesla Motors (TSLA) stock to zoom, stall and roll back on the edge of a cliffhanger, or two. And for the company's CEO Elon Musk to jump into the drama, calling a New York Times report "fake." Investors didn't get the look at Q4 earnings many expected early Monday, while a reporter didn't get where he was going in the electric Model S as planned, amid cold-weather range problems. Was that "operator error," as one analyst suggested -- or

Source: Tesla CEO Slams 'Fake' NYT Review In Earnings Fracas

Microsoft can't figure out the target market for Surface Pro

Many TV viewers watching the Grammy Awards Sunday night at one point had to be scratching their heads and thinking, "What the hell was that about?"
Not after Taylor Swift's bizarre, circus-inspired music number, but Microsoft's (MSFT) Surface Pro commercials.
Microsoft's Surface Pro convertible tablet-notebook was supposed to be marketed to professionals. After all, it's a full Windows 8 PC with Intel (INTC) processors, capable of running Office and other enterprise-strength software. Earlier model Surface devices have low-power ARM (ARMH) -based processors and a new operating system, Windows RT, which runs only specially designed apps. Windows RT tablets debuted in October and were marketed to consumers, but have sold poorly so far.
Microsoft started selling the Surface Pro on Saturday. It saved its big advertising firepower for the highly watched Grammy Awards on CBS. But the ads misfired.
The first commercial, called "The Vibe," is set in an office, but the workers spend their time dancing around, tapping out beats with their stylus pens and getting no real work done. It doesn't even attempt to explain why any professional would want to buy one. For $1,000 for the tablet and keyboard, you sure as heck better make a compelling sales pitch, not some version of a "Step Up"

Source: Microsoft can't figure out the target market for Surface Pro

Zillow, Trulia Expected To Post Q4 Losses; Sales Up

Real estate websites Trulia (TRLA) and Zillow (Z) are expected to report growing sales in Q4, but neither is seen posting a profit when they report this week. San Francisco-based Trulia, scheduled to report after the close Tuesday, is seen posting a per-share loss of 2 cents, according to analyst forecasts compiled by FactSet Research. Trulia, which started trading publicly in September, had a per-share loss of 30 cents in Q4 2011. Sales at Trulia

Source: Zillow, Trulia Expected To Post Q4 Losses; Sales Up

Apple Eyes Wearable Computing With Possible iWatch



Source: Apple Eyes Wearable Computing With Possible iWatch

Equinix Q4 Puts Focus On Data Center Pricing Trends

Data center operator Equinix (EQIX) is expected to report a 74% jump in Q4 earnings per share minus items after the close Wednesday, on a 17% increase in revenue. Analysts polled by Thomson Reuters estimate Equinix will earn 61 cents per share, up from 35 cents in the year-earlier period. They see sales rising to $504.6 million from $431 million. EBITDA, or earnings before interest, taxes, depreciation and amortization, is expected to climb 28% to

Source: Equinix Q4 Puts Focus On Data Center Pricing Trends

Tesla Falls On Earnings Date Confusion, NYT Review

Tesla Motors (TSLA) shares were down 3% in early afternoon trading Monday amid confusion
about when the company would report earnings and a negative New York
Times report on Model S driving range in cold weather. The company
 did not report earnings before the market open Monday as many had
expected and as several early press reports stated it would.

Source: Tesla Falls On Earnings Date Confusion, NYT Review

Amazon Seen Spinning Off Cloud Computing Unit AWS

Amazon.com (AMZN) is likely to spin off its cloud computing arm, Amazon Web Services, says Oppenheimer. In a report on the cloud industry released Monday, Oppenheimer analyst Tim Horan says Amazon's cloud computing unit would be better off as a publicly traded subsidiary. "We believe an ultimate spinoff of AWS is inevitable due to its channel conflicts and the need to gain scale," Horan wrote. " We see the business as extremely valuable on a

Source: Amazon Seen Spinning Off Cloud Computing Unit AWS

Novo Nordisk Stock Falls, Sanofi Rises On Drug Delay

Shares of Novo Nordisk (NVO) plummeted more than 13% and Sanofi (SNY) rose 2% in early trading Monday, a day after Novo announced that its challenger to one of Sanofi's leading diabetes drugs has hit a roadblock. The FDA said it won't approve Novo's long-acting insulin candidate degludec until it gets more data assessing the possible heart risks associated with the drug. This was a surprise since the FDA went beyond the recommendations that its

Source: Novo Nordisk Stock Falls, Sanofi Rises On Drug Delay

AOL Stock Upgraded On Q4 Earnings, 'Transformation'

Shares of AOL (AOL) were up 6.5% in early trading Monday, after rising more than 7% on Friday, after RBC Capital analyst Mark Mahaney upgraded the stock following better-than-expected Q4 earnings and sales. Mahaney on Monday upgraded his rating to outperform, or buy, raised his price target on the stock to 45 from 40. AOL early Friday reported its first year-over-year quarterly revenue growth in eight years, beating Wall Street's sales view and

Source: AOL Stock Upgraded On Q4 Earnings, 'Transformation'

Comcast May Add Video Subscribers, First Since '07

When it reports Q4 results before the open Wednesday, No. 1 U.S. pay-TV provider Comcast (CMCSA) might notch its first net gains in video subscribers since Q1 2007. Analysts polled by Thomson Reuters expect Q4 EPS of 53 cents, up 13% from 47 cents in the year-earlier period. Analysts see sales rising 6% to $16 billion. Oppenheimer analyst Tim Horan, in a report, sees possible upside in annual subscription rate hikes, advertising growth from the

Source: Comcast May Add Video Subscribers, First Since '07

Rackspace EPS Seen Up 17%, Revenue 25% On Cloud

Rackspace Hosting's (RAX) Q4 profit is expect to jump 16.6% with revenue up 25.4% when it reports after the market close on Tuesday. Analysts polled by Thomson/Reuters estimate Q4 EPS of 21 cents per share, up from 18 cents per share in the year earlier period with sales growing to $355.4 million. Analysts expect an update on Rackspace's cloud computing software initiative. San Antonio, Tex.-based Rackspace has led an industry group that's backing

Source: Rackspace EPS Seen Up 17%, Revenue 25% On Cloud