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EZChip Bullish Calls Cut Back After Sales Miss: Israel Markets
2014-10-12 14:04:41| IT Services - Topix.net
The biggest rout in shares of EZchip Semiconductor Ltd. in a year is prompting analysts to pare back bullish calls as signs mount that the telecommunications industry is slowing. EZchip, which counts Cisco Systems Inc. and Juniper Networks Inc. as its largest customers, said Oct. 6 that third- quarter sales would miss its own guidance by more than 10 percent, sparking a 14 percent retreat in its New York-traded shares last week.
EZChip Bullish Calls Cut Back After Sales Miss: Israel Markets
2014-10-12 11:04:33| Semiconductors - Topix.net
The biggest rout in shares of EZchip Semiconductor Ltd. in a year is prompting analysts to pare back bullish calls as signs mount that the telecommunications industry is slowing. EZchip, which counts Cisco Systems Inc. and Juniper Networks Inc. as its largest customers, said Oct. 6 that third- quarter sales would miss its own guidance by more than 10 percent, sparking a 14 percent retreat in its New York-traded shares last week.
Canadian National Railway Company Lifted to Outperform at BMO Capital Markets
2014-10-11 22:16:33| Railroads - Topix.net
Canadian National Railway Company traded down 1.49% on Friday, hitting $73.39. 1,756,472 shares of the company's stock traded hands.
Tags: company
national
capital
markets
Investors gird for scarier days in markets
2014-10-11 17:43:48| Apparel - Topix.net
Volatility has suddenly returned to U.S. stocks, and for the first time all year it doesn't appear that the weakness in equities will go away quietly in the span of a few days. While the S&P 500 is still up 3.1 percent for the year, the index is off about 5 percent from its record high reached in mid-September, and closed out this week at the lowest level since May 23. "We're still in a bull market, but in the near term things are a little bit dicey, and I don't think the decline is over with yet," said Jeffrey Saut, chief investment strategist at Raymond James Financial in St. Petersburg, Florida.
Tags: days
markets
investors
gird
Doubts about global economy weigh on US markets
2014-10-10 20:47:52| Semiconductors - Topix.net
Lingering investor jitters about the global economy weighed on U.S. markets, pushing stocks mostly lower in morning trading Friday. Microchip Technology and Texas Instruments were among the biggest decliners.
Tags: us
global
economy
markets
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