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Michael Trager

Covering all the Angles on Wall Street.


Latest from Michael Trager

Baidu Q1 Earnings Beats Expectations, Stock Flat

Baidu (ticker symbol BIDU) is the most popular search engine in China, essentially functioning as the “Google of China”. They have released their first quarter financial results, reporting earnings more than doubled over the prior year quarter to $163.5 million on an …

Acme Packet Beats Views, Stock At All Time High

Acme Packet (ticker symbol APKT) is a little known Massachusetts based manufacturer of session border controllers (SBC’s) which enable VoIP and videoconferencing via the Internet, a leader in session delivery network solutions, enabling the trusted, first-class delivery of next-generation voice, data and …

ARM Holdings Rides Mobile Wave, Beats Expectations

ARM Holdings (ticker symbol ARMH) is a little known British chip architecture firm which has been riding the mobile wave for nearly two years. The architecture of ARM is found in almost every mobile phone and tablet, due its low power requirements. …

YouTube Close To Film Deal

An item in today’s New York Times (nytimes.com) indicates that Google’s YouTube is close to finalizing a deal with major Hollywood studios to offer their new release films for rentals. Sony Pictures Entertainment, Universal Pictures and Warner Brothers have agreed to rent …

Amazon Costs Up, Profits Down

Amazon.com Inc.’s (ticker symbol AMZN) earnings announcement has been released, showing quarterly profits plunged 33% as the online retailer spent ferociously to build more fulfillment centers and expand its technology offerings, becoming the latest Web company to report rising costs as the …

Yahoo Contemplates Hadoop Spinoff

An item in today’s Wall Street Journal (wsj.com) indicates that Yahoo (ticker symbol YHOO) may be contemplating spinning off its’ Hadoop software engineering unit into a new separate firm that would continue to develop and supply the free software while charging companies …

Sony Enters Tablet Market

The frenzied race to enter the tablet computer market and offer competition to Apple’s iPad continues. Sony Corp. (ticker SNE) said Tuesday it plans to enter the tablet-computer segment later this year with two models running Google Inc.’s Android operating system. Sony’s …

Intel Offers Consulting Services To MiaSole

It’s no big secret that Intel (ticker INTC) is looking to move into other markets beyond its traditional microprocessor line. One way to do so is to offer technical consulting services to other chip and electronics manufacturers. It now has a customer …

Oracle CFO Resigns

In the latest in a series of executive changes at Oracle (ticker ORCL), Jeff Epstein, the most recent chief financial officer, has resigned and will be immediately succeeded by the company’s co-president. According to the Wall Street Journal (wsj.com), his duties will …

Netflix Results Beat Expectations, Stock Falls

Netflix (ticker NFLX) released their financial results for the first quarter of 2011 after the market closed today, beating analyst expectations by notching earnings per share of $1.11 on sales of $718.6 million, nearly doubling year ago results of 59 cents per …

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