|
Sector Close Up- Tech Stocks
Second Quarter Earnings Reported by Tech Stock Giants Google (NASDAQ: GOOG) and Microsoft (NASDAQ: MSFT) – Google Disappoints while Microsoft Meets Expectations
POINT ROBERTS , Wash. , Delta B.C., July 19, 2007 - InvestorIdeas.com, a leading global investor and industry research resource portal specialized in sector investing, issues Sector Close Up – Tech Stocks. Despite Yahoo!’s disappointing results released earlier this week analyst expectations for Google (NASDAQ: GOOG) were high for the leader in search. Earnings, released late Thursday, showed a strong increase in revenue, but with lower than expected profits. The disappointing results sent the shares lower in after hours.
advertisement
Microsoft (NASDAQ: MSFT) met expectations in their earnings report of $0.39 per share in light of the Company’s $1.15 billion Xbox video-game console fix. Investors showed confidence in shares of the tech giant ahead of the Company’s announcement, up nearly 2%for the day and rising higher in after hours.
Sector Close Up – Tech Stocks Earnings Season
- Google (NASDAQ: GOOG), shares were down slightly in today’s trading ahead of the Company’s earnings report, closing at $ 548.59 with downward pressure continuing in after hours.
- Yahoo! (NASDAQ: YHOO), closed the day down 17 cents to $26.03.
- eBay Inc. (NASDAQ: EBAY) off of their report of a 50% surge in earnings for the second quarter, faced a decline in today’s stock price, closing at $33.50 on concerns over weaker listing numbers.
- Microsoft (NASDAQ: MSFT) closed up 59 cents to $31.51 in anticipation of earnings.
- Intel Corp. (NASDAQ: INTC) gave investors mixed earning results this week, but closed slightly up after today’s trading at $25.26.
- IBM (NYSE:IBM) fresh off better than expected earnings ended the day up 4.3% to $115.86
- Juniper Networks Inc. (NASDAQ: JNPR) pleased investors with its announcement of a second-quarter profit of $86.2 million, or 15 cents a share, a vast improvement from the loss the Company reported for the same period last year. Juniper shares closed up 12.5% ending the day at $30.06
Tech Sector Stock Directories:
Tech Stocks – click here
Search Engine Stocks -click here
Wireless Stocks - click here
Technology Stock Resources:
TechSectorStocks.com
InternetSearchEngineStocks.com
InvestingInWireless.com
About InvestorIdeas.com: Investor Research made easy- Find out More
www.InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing.
INVESTORS : Gain Free Access to stock & industry news, financial columnists & Blogs; investor research tools , stock directories, trading center, audio interviews, educational podcasts & online investor conferences.
COMPANIES: Gain Investor & Industry Awareness: Submit News Releases, Featured Company Showcase, Participate in Articles, Podcasts & Online Conferences.
Disclaimer: www.InvestorIdeas.com/About/Disclaimer.asp. Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. The site is compensated by featured companies, news submissions and online advertising.
For more information contact:
Dawn Van Zant: 800-665-0411 - dvanzant@investorideas.com
Ann-Marie Fleming: 866-725-2554 - afleming@investorideas.com
|
