Press Releases from Howard James (15 total)
Google parent Alphabet's profit up 29 percent on strong ad sales
Google parent Alphabet Inc posted a surge in profit and revenue on Thursday as its core advertising business continued to grow at an extraordinary rate and problems such as an advertiser boycott of YouTube had little impact.
Alphabet's profit beat Wall Street estimates and rose 29 percent to $5.43 billion, a performance that analysts called exceptional for a company so large.
"For a company of Google’s size to post the growth that…
Sirius XM profit rises 20 percent as subscriber numbers grow
In recent news Internet radio broadcaster Sirius XM said Thursday its profit rose 20 percent in the first three months of the year as it added more subscribers.
Sirius XM also said it has bought Automatic Labs Inc., the maker of a device that plugs into a dashboard and can track road trips on an app, contact the authorities if it detects a crash or alert the driver to engine trouble.…
Verizon, United Technologies Prop Up DJIA on Wednesday
This week markets opened higher again Wednesday and bounced around in positive territory throughout the day's session. Optimism related to the Trump administration's tax reform proposal also put some air under equity prices. The telecom sector was posting the best gain for the day while consumer staples and real estate lagged in the red. WTI crude oil for June delivery settled at $49.62 a barrel, up 0.1% on the day.…
SK Hynix Posts Record Profit as It Pursues Toshiba's Chip Unit
SK Hynix Inc. posted its best-ever quarterly operating profit after strong demand for computer-server chips pushed up prices, boosting confidence in the Apple Inc.supplier’s bid for Toshiba Corp.’s semiconductor business.
Hynix, the largest provider of DRAM chips after Samsung Electronics Co., is targeting the troubled Japanese company’s flash memory division as growth in its main market tapers off. Demand for DRAM may “ease somewhat” in the second half as supply tightness…
The McAfee brand is back again after Intel finalizes spin-off
McAfee is going solo again. After existing as a sub-brand of Intel (INTC) for the past seven years and being rebranded as Intel Security, the company best know for that little shield logo in your computer’s toolbar has finalized its split from the chipmaker and will now be run as an independent organization.
Intel purchased the antivirus organization for $7.68 billion in 2010. At the time, the chipmaker hoped to fold…
Apple aims for more control, less cost as it accelerates in chip design
Apple Inc's decision to stop licensing graphics chips from Imagination Technologies Group Plc is the clearest example yet of the iPhone maker's determination to take greater control of the core technologies in its products - both to guard its hefty margins and to position it for future innovations, especially in so-called augmented reality.
The strategy, analysts say, has already reduced Apple's dependence on critical outside suppliers like ARM Holdings Plc, now…
The McAfee brand is back again after Intel finalizes spin-off
McAfee is going solo again. After existing as a sub-brand of Intel (INTC) for the past seven years and being rebranded as Intel Security, the company best known for that little shield logo in your computer’s toolbar has finalized its split from the chipmaker and will now be run as an independent organization.
Intel purchased the antivirus organization for $7.68 billion in 2010. At the time, the chipmaker hoped to fold…
Royal Gold Provides Update on its Fiscal 2017 Third Quarter
Royal Gold, Inc. today announced that its wholly owned subsidiary RGLD Gold AG sold approximately 58,000 gold ounces and 322,000 silver ounces related to its streaming agreements during its fiscal 2017 third quarter ended March 31, 2017 (“third quarter”). The Company had approximately 15,000 gold ounces and 374,000 silver ounces in inventory at March 31, 2017.
RGLD Gold AG’s average realized gold and silver prices were $1,216 and $17.35 per ounce…
Why Long-Term Investors Should Prefer NVIDIA Over Intel
There may not be a better example of the changing of the guard taking place in tech than what's happening with Intel and NVIDIA.
The old guard -- Intel -- remains the largest and most profitable semiconductor company in the world, though Qualcomm has vied for that crown once or twice in the past decade. NVIDIA is the ascendant challenger, though by no means a new company itself. And though NVIDIA's…
Jaguar Animal Health Stock Rises on Napo Pharma Merger
Last week Jaguar Animal Health stock was surging by 20% to $1.14 on Friday morning, after the animal health products company announced that it will merge with privately held Napo Pharmaceuticals.
As part of the deal Jaguar stockholders will hold approximately 25% of the total outstanding fully diluted equity of Jaguar. The balance of the outstanding fully diluted equity of Jaguar will be held by existing Napo creditors, RSU, option and…
3 Tech Giants That Could Mint Money From Samsung's Cool New Smartphone
In news this week Samsung on Wednesday revealed the design and specs for its Galaxy S8 and Galaxy S8 Plus phones at an event in New York.
And although all the focus will be put on Samsung as well as its chief rival, Action Alerts PLUS Holding Apple, there are a number of chip and component makers that stand to benefit from a rebound in Galaxy sales.
Broadcom, Qualcomm and…
Mazor Robotics-Medtronic's Mazor X Partnership Strengthens
Mazor Robotics recently announced that its strategic partnership with Medtronic Plc. MDT for the commercialization and co-promotion of Mazor X platform, an innovative guidance system for spine surgery, is going strong.
The deal was signed in early 2016 after Mazor Robotics received a massive $20 million equity investment from Medtronic, a leading medical device company. Medtronic had made an initial investment of $11.9 million in Mazor Robotics. Later, the company completed…
Ferrari Unleashes ‘Superfast’ Flagship to Bolster Volume Push
Ferrari NV unveiled the speediest production car in its history, underscoring its reputation for uncompromising performance even as the Italian manufacturer pushes the limit of how many autos it can sell without losing its allure.
The 812 Superfast debuted at the Geneva International Motor Show on Tuesday with a 12-cylinder, 800-horsepower engine that accelerates to 100 kilometers (62 miles) per hour in as little as 2.9 seconds, making it Ferrari’s most…
AT&T has been building foundation for Time Warner deal for a long time, CEO says
In news this week AT&T has been preparing to do something like its proposed merger with Time Warner for a long time, according to CEO and Chairman Randall Stephenson .
In October, AT&T reached an agreement to buy Time Warner for more than $85 billion . AT&T argues that Time Warner and its premium content, which includes HBO and CNN, would complement its distribution network, rather than create an unduly large…
Tesla just ramped up its Autopilot system
In recent news this week Tesla mastermind Elon Musk first teased the new system, Enhanced Autopilot, for the automaker's HW2 hardware package (which has been included in all new models since October) back in December, but the software release was delayed by bugs. Then came a limited update to 1,000 cars and a passive download for the whole HW2 fleet.
Instead of overwhelming the system with all of HW2's capabilities…
