IDT shares could drop further: Barron&#39;s
547418
Shares of telephone services company  IDT Corp (IDTc.N), which are already down 40 percent this year,  could fall further amid management shuffles and a rapidly  decreasing cash stockpile, the financial newspaper Barron&#39;s  said in its September 10 edition.
324993
Major U.S. indexes have broken key technical support levels, leaving the stock market vulnerable to further declines and the turbulence could get worse, according to chart watchers.
455650
Japanese stocks will probably open lower on Monday following a further decline in U.S. markets, with investors wary about company earnings, in particular those of technology firms.
91103
Shares of chip companies closed lower Tuesday as Wall Street began to look ahead at a mid-quarter report expected by Intel Corp. on Thursday, with some analysts concerned the semiconductor giant might lower expectations.
212260
Shares of the specialty retailer, which recently posted  better-than-expected November sales, may be undervalued despite  their rise this year, financial weekly Barron's said, citing an  analyst.
715247
U.S. stocks may fall at the market's  open on Wednesday after crude oil pushed to a fresh high  overnight and Google Inc. slashed its initial public offering  price, which appeared to dampen investor sentiment.
92216
US technology shares tumbled on Friday after Intel Corp. , the world&#39;s No. 1 chip maker, slashed its revenue forecast, but blue chips were only moderately lower as drug and industrial stocks gained.
323855
U.S. shares are expected to fall on  Thursday as investors wrestle with worries about inflation,  interest rates and economic growth, with economically sensitive  sectors such as technology likely to be hurt again.
413051
Futures on the U.S. S&P 500 stock market index extended their fall on Tuesday, trading 5.3 percent lower at 1,255.30 points at 3:30 a.m. EST.
658230
(InfoWorld) - This week, the biggest market declines since the Sept. 11, 2001, terrorist attacks in the U.S. caused a crisis of confidence in sectors including technology, leading IT investors to reassess what's in store for the year. Considering that most analysts are predicting moderate -- about 6.5 percent -- global growth in IT product sales this year, vendors have been riding high recently. Key technology suppliers reported better-than-expected earnings in 2006, and IT companies in general enjoyed seven straight months of market gains capped last week by a six-year high in the tech-heavy Nasdaq exchange. But share-price gains for this year were wiped out this week as a precipitous decline in Chinese markets Tuesday led to panic selling around the world. The Nasdaq closed Tuesday at 2407.86, down 96.66 points for the day and 117.08 down from its six-year high last Thursday. The question for IT is whether the decline signals an overdue correction for valuations on technology suppliers: Given the modest prospects for overall revenue growth, have investors been a little too exuberant? "Yesterday's 3-5 percent drop in the popular stock averages is a wake-up call for a market that had become far too complacent, in our view," said Banc of America Securities analyst Tom McManus Wednesday. The Nasdaq slid again Thursday asÂ Dell reported disappointing results for its fourth fiscal quarter ended Feb 2. Dell posted net income of $673 million, compared with $1.01 billion a year earlier. Revenue declined 5 percent from a year ago to $14.4 billion. Analysts polled by Thomson Financial had been expecting $14.9 billion in revenue. Despite the warnings and the grim news from Dell, however, there still appears to be underlying confidence in the tech sector. For example, traders applauded Oracle's announcement Thursday thatÂ it would buy business intelligence software vendor Hyperion SolutionsÂ for $3.3 billion. Oracle shares closed at $16.78, up by $0.35. This is a big endorsement for strength in that sector. Often, an acquiring company suffers share price declines on the assumption that a big buy will negatively affect earnings even in a healthy market. And on Thursday alone, companies in various sectors of IT received kudos from analysts in the form of stock forecast upgrades. CAD maker Autodesk was upgraded to an outperform rating by Robert W. Baird & Co.; business software developer BEA Systems was upgraded from underperform to peer perform by Bear Stearns & Co.; and telecom equipment maker Ciena was upgraded from neutral to overweight by JP Morgan & Co., which noted that the optical market continues to recover faster than expected. Soothing remarks about the overall U.S. economy from Federal Reserve Bank Chairman Ben Bernanke to Congress on Wednesday also helped prevent a further big decline in markets. He said he was still looking forward to "moderate" overall growth this year. So far, "moderate growth" has been good enough to stoke investments in IT. If that's an indication of things to come, this week's sharp declines might end up being seen as only a brief correction.
32205
Symbol Technologies Inc. shares fell more than 5 percent Monday morning after the company said it may restate its 2004 financial reports because of errors.
753891
The Nasdaq extended the day's declines, sliding 2 percent as investors sold Google Inc.  after  Barron's newspaper said the stock was overvalued in a report published over the weekend.
416022
Wall Street looked set to fall further on Wednesday on growing worries of a U.S. recession which battered Asian and European markets.
552644
We're delistening Accounting laggard Dell has received a delisting warning from Nasdaq officials.â¦
647888
The stock of International Business Machines , which continues to make sales gains in emerging markets and among smaller U.S. companies, looks cheap, Barron's said on Sunday.
568155
The Nikkei average declined 0.90 percent  on Tuesday as technology-related firms such as TDK Corp.  (6762.T) fell after similar U.S. shares were hit by a profit  warning and a brokerage downgrade.
421995
In the middle of the Sept. 3 tech wreck on Wall Street, there was at least one upside to chip giant Intel&#39;s (INTC ) lowering of expectations for the current quarter: It made it easier for other tech companies