Wednesday, April 30, 2014
Tuesday, April 29, 2014
"We had a very strong first quarter. Revenue growth accelerated on a year over year basis fueled by increased engagement and user growth. We also continue to rapidly increase our reach and scale. With the integration of MoPub, we now reach more than 1 billion iOS and Android users each month, making us one of the largest in-app mobile ad exchanges in the world and the only one at scale to offer native in-app advertising."
Sounds great, but Wall Street doesn't seem to be overly impressed.
TWTR closed on 02014.04.29 at $42.62. 52-week range: $38.80 - $74.73.
Monday, April 28, 2014
Thursday, April 24, 2014
FB closed yesterday (02014.04.23) at $61.36. 52-week range: $22.67 - $72.59. In pre-market trading today (02014.04.24) FB is up almost 4%; however, quoting Facebook Chief Operating Officer Sheryl Sandberg concerning Instagram: "We're very focused on consumer growth, and we move slowly and deliberately in monetization. "We don't see the need or the urge to ramp this as quickly as we possibly can." Hmm... #slowly and #deliberately are not the favorite hashtags for some investors.
Stocks::Stuffer iRobot posting from three weeks ago 02014.04.03...
iRobot (IRBT), after the market closed on 02014.04.02, reported that they had allocated $50 million to buyback IRBT shares over the span of the next year. "The Board's authorization of a share repurchase program reflects our confidence in the health and long-term outlook of the company. With a strong balance sheet and cash flows, we believe we can take advantage of volatile market conditions to buy back our shares while maintaining the flexibility to make strategic investments in our future." -- Colin Angle, iRobot's chairman and CEO
Stocks::Stuffer iRobot posting from yesterday (02014.04.23)...
iRobot (IRBT) reported 1Q'14 results after the market closed yesterday (02014.04.22). I liked iRobot's start to 02014, but IRBT fell 4+% in after hours trading. My guess is Wall Street didn't like CEO Colin Angle saying, "Based on our Q1 results and our outlook for the rest of 2014, we are reaffirming our full-year financial expectations [...]". IRBT closed yesterday (02014.04.22) at $39.65. 52-week range: $26.30 - $48.36.
Wednesday, April 23, 2014
IRBT closed yesterday at $39.65. 52-week range: $26.30 - $48.36.
Tuesday, April 22, 2014
Our first quarter results have set the stage for a strong 2014. We are experiencing an exciting uptake of our new products, including the NextSeq™ 500 and HiSeq X™ Ten, while demand for the overall product portfolio remains robust. We continue to innovate across the entire spectrum of the sequencing workflow to more broadly enable the adoption of genomics." -- Jay Flatley, CEO.
I particularly like the phrase entire spectrum when it comes to genomics.
Illumina's 1Q'14 press release ended with: "For fiscal 2014 the Company has increased projections [...]".
ILMN closed today (02014.04.22) at $141.21. 52-week range: $59.99 - $183.30. ILMN is up 10+% in after hours trading.
Monday, April 21, 2014
Aastrom is acquiring global commercial rights to three marketed autologous cell therapy products. [...] Revenues of those three products were $44 million in 2013. Aastrom will also acquire global manufacturing and production centers located in the United States and Denmark.
Here's a quote from Aastrom's president/CEO: The acquisition of Sanofi's CTRM business is a transformative transaction that positions Aastrom as a fully-integrated global regenerative medicine company." -- Nick Colangelo
ASTM closed last Thursday (02014.04.17; market was closed on Friday) at $3.52. Today (02014.04.21) ASTM opened at $4.00 and spiked to $4.79. Right now (30 minutes into trading) ASTM is at $4.50, up ~28%.
Thursday, April 17, 2014
Here's my summary of Google's 1Q'14 results.
1Q'14 free cash flow was $2.05 billion and this is the lowest its been since 4Q'10. I've been tracking Google's quarterly results since 4Q'08.] Capital expenditures were $2.35 billion, which was a record quarterly high. [During the last 12 months Google's capital expenditures have totaled $850 billion.] Google ended 1Q'14 with $59.38 billion in "cash." During 1Q'14 Google added 2,488 Googlers (i.e. employees). Google's effective tax rate for 1Q'14 was 18%.
GOOG and GOOGL closed 02014.04.16 at $556.54 and $563.90, respectively. In pre-market trading on 02014.04.17, GOOG and GOOGL are down 1.2% and 1.8%, respectively. [Note: Google was down almost 5% after reporting 1Q'14 results.]
Wednesday, April 16, 2014
End of 1Q'14 there were approximately 1,031,420,000 YHOO shares.
Reuters (02014.04.16): "Speculation about the valuation of Alibaba has reached a fever pitch, with some brokerages pegging it as high as $190 billion."
Yahoo! owns approximately 24% of Alibaba.
24% of $190,000,000,000 is $45,600,000,000. $45,600,000,000 divided by 1,031,420,000 YHOO shares is approximately $44.21 per YHOO share.
YHOO closed on 02014.04.15 at $34.21. After reporting 1Q'14 results, YHOO opened on 02014.04.16 at $36.98. YHOO 52-week high: $41.72. I will probably sell some YHOO if it hits 14 $Pi ($43.98).
Tuesday, April 15, 2014
The following are a couple of items I liked from Yahoo!'s 1Q'14 press release.
"Cash, cash equivalents, and investments in marketable securities were $4.6 billion as of March 31, 2014 compared to $5 billion as of December 31, 2013, a decrease of $0.4 billion."
During the first quarter of 2014, Yahoo repurchased 12 million shares for $450 million and used a net $22 million for acquisitions."
YHOO closed today (02014.04.15) at $34.21. 52-week range: $22.70 - $41.72.
Friday, April 11, 2014
Tuesday, April 8, 2014
Monday, April 7, 2014
Friday, April 4, 2014
LVLT took over 14th place moving AMZN to 15th. LVLT made new 52-week highs while AMZN right now is almost 20% below its all-time high. AMZN 52-week range: $245.75 - $408.06. AMZN closed yesterday (02014.04.03) at $333.62.
GOOGL was added to GDT::Portfolio at #6, which pushed AMZN to #16.
GOOG was #2 at the time of the GOOG/GOOGL split. Right now GOOGL is #6 and GOOG is #7.
This was the first time Google executed a stock split and it resulted in a new class of shares that trade under the symbol GOOGL. The next time Google does a stock split they can append an 'E' to GOOGL and get GOOGLE.
GOOG closed at $1,135.10 on Wednesday, 02014.04.02.
GOOG and GOOGL closed yesterday (Thursday, 02014.04.03) at $569.74 and $571.50, respectively.
TWTR closed yesterday (02014.04.03) at $44.05. 52-week range: $38.80 - $74.73.
Thursday, April 3, 2014
IRBT closed yesterday (02014.04.02) at $42.82. 52-week range: $23.76 - $48.36. At $42.82, approximately 1,167,678 shares could be purchased and that's ~4% of the all IRBT shares.
iRobot's buyback announcement resulted in a "sell" order to be executed at 14 $Pi ($43.98).
[02014.04.03] IRBT closed down a nickel today (02014.04.03) at $42.77. Day's range: $42.15 - $44.43. Volume was below the trailing-3-month average.
Wednesday, April 2, 2014
LVLT closed yesterday (02014.04.01) at $40.75 after hitting a new 52-week high of $40.99. Today (02014.04.02) LVLT hit a new 52-week of $41.18.
Tuesday, April 1, 2014
ASTM closed yesterday (02014.03.31) at $4.39.