SuperValu Cruises past Analyst Expectations, Still Sinks

SuperValu (SVU) reported adjusted EPS of $0.46, beating the consensus by $0.10. Total sales from continuing operations stood at $3.8 billion—35% higher YoY.

Kinder Morgan’s 3Q17 Results Met Analysts' Expectations

Kinder Morgan reported its 3Q17 results on October 18, 2017. It reported an adjusted EPS of $0.15, which was in-line with analysts’ consensus estimates.

Pre-Market Report: Global Markets Are Stable on October 20

On October 20, the Shanghai Composite Index closed at 3,378.65 after rising 0.25%. The SPDR S&P China ETF (GXC) fell 1.7% on October 19, 2017.

Highs and Lows: Wall Street's Performance on October 19

After rising for five consecutive trading weeks, the S&P 500 started this week on a stronger note. It rose in the first three trading days of the week.

RECENT Tech, Media, and Telecom RESEARCH

Understanding Verizon's Potential Long-Term Growth Drivers

Wall Street analysts expect Verizon’s (VZ) recent wireless service revenue declines to improve in 3Q17 to ~5.8% on a year-over-year basis.

What to Expect from Nokia in 3Q17

Analysts expect Nokia (NOK) to post revenue of $6.4 billion in 3Q17, which would be a YoY (year-over-year) decline of 4.2% compared to revenue of $6.7 billion in 3Q16.

Your Latest Tech Updates: Alphabet, Snap, and Walmart

On October 3, at the Vanity Fair Establishment Summit, CEO Evan Spiegel revealed that Snap has sold over 150,000 units of Snap Spectacles sunglasses.

What to Expect from Verizon’s 3Q17 Earnings

Verizon (VZ) plans to report its 3Q17 results on October 19. Analysts forecast Verizon’s adjusted earnings per share to reach $0.98 in 3Q17 compared with $1.01 in 3Q16.

Micron’s Current Stock Rally: Is It Different This Time?

Micron Technology (MU) has replaced NVIDIA as the top-performing semiconductor stock of 2017. In this series, we’ll look at Micron’s growth drivers and their impact on its stock price.

Tech Space Developments: Nokia, Ericsson, and Fitbit

Nokia (NOK) is remodeling its Nokia Technologies unit as it bets on this business to turn around its financial fortunes at this time of lackluster demand for network gears.

What Can We Expect from Ericsson in 3Q17?

Analysts expect Ericsson (ERIC), the European-based (EFA) telecom equipment firm, to post revenue of $5.6 billion when it announces its 3Q17 results on October 18, 2017.

Symantec Updates: The Equifax Hack, LifeLock, and Fireglass

By acquiring Israel-based browser protection firm Fireglass earlier this year, Symantec improved its prospects in the cloud security market—a multibillion-dollar revenue opportunity.

What Analysts Project for Western Digital and Seagate in 1Q18

Analysts estimate that storage technology (QQQ) firm Western Digital (WDC) will post revenue of $5.1 billion in fiscal 1Q18.

Why Google Is Ending This Key Program in 3Q17

Alphabet’s (GOOGL) Google has yielded to the demands of publishers and ended its controversial online news service “first click free” program.

Key Updates from Charter at Goldman Sachs's Communacopia

During the Goldman Sachs Communacopia Conference held on September 12, 2017, Tom Rutledge, Charter’s chief executive officer, gave an update on the integration process.

Top Technology Movers in September 2017

Windstream Holdings (WIN) stock fell more than 14.0% in September 2017, closing the month at $1.81. It’s trading 4.6% above its 52-week low and 83.0% below its 52-week high.

Groupon’s Buyback Program: 14.5 Million Shares in 6 Months

In 2Q17, Groupon spent $24.8 million to buy back 7.2 million shares. The repurchase was partly responsible for the improvement in Groupon’s adjusted earnings per share in the quarter.

HP and the Key Trends and Drivers Impacting It

US consumer technology company HP (HPQ) says that demand for its PC and Printer segments has improved in fiscal 2017. In fiscal 3Q17, revenue from Personal Systems rose 12.0% YoY.

How Have AMD’s New Products Fared in the Market?

AMD’s flood of new products started in March 2017 with the launch of Ryzen 7, its high-end desktop processor. The mid-range Ryzen 5 followed in April, and the low-end Ryzen 3 and entry-level Bristol Ridge debuted in July.

This Could Define US Tech in October

Google understands that it’s not a good thing to have a workforce that doesn’t reflect the community of the customers it serves.

What Drove Red Hat's Fiscal 2Q18 Earnings?

In fiscal 2Q18, Red Hat (RHT) posted revenues and non-GAAP EPS (earnings per share) of $723 million and $0.77, respectively.

Behind Equifax's Data Breach: The Scope for FireEye and Peers

Equifax (EFX) announced that its cybersecurity breach could impact 143 million US customers, or about 44% of the US population.

Tech Sector News: Blackberry, Roku, Apple, and Toshiba

Blackberry is making a comeback as a software company. In this series, we’ll look at its strategy, as well as other tech news.

Verizon at Goldman Sachs’s Communacopia: Key Updates

Network performance is the key factor affecting customer retention. Verizon (VZ) has showcased that its network advantage could drive subscriber growth—even with premium pricing.


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