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AMAT: Big “No” Vote On Duke Energy CEO Rogers’ Board Seat

In an otherwise routine SEC filing, Applied Materials (AMAT) late Friday disclosed the results of its latest board election. There weren’t a lot of surprises; CEO Michael Splinter received more than 95% “Yes” votes, and all of the other board members - ...

From ERIC SAVITZ, Barron's Online,  12 Mar 2010

Related Topics: Duke Energy,  Applied Materials, Inc.

Apple Gives COO Cook Bonus Of $5 Million, 75,000 RSUs

Half of the restricted stock will vest on March 10, 2011, with the rest vesting a year later, all subject to Cook’s continued employment at the company. At today’s closing price of $226.60, the RSUs are worth $17 million. The filing said the bonus was ...

From ERIC SAVITZ, Barron's Online,  12 Mar 2010

Verizon’s Vodafone Problem

One of the least understood relationships in the telecom sector involves the 45% stake in Verizon Wireless (VZ) owned by Vodafone (VOD). In this week’s edition of the weekly Bernstein Research “Weekend Media Blast,” analysts Craig Moffet and Robin ...

From ERIC SAVITZ, Barron's Online,  12 Mar 2010

Related Topics: Verizon Wireless,  Federal Communications Commission,  Alltel

Nvidia Launches Anti-Intel “Case For Innovation” Web Site

Would read documents the old-fashioned way. Nvidia (NVDA) has stepped up the rhetoric in its combat versus Intel (INTC), launching a new Web site - which it calls “The Case for Innovation” - which specifically focuses on all of the various lawsuits and ...

From ERIC SAVITZ, Barron's Online,  12 Mar 2010

Related Topics: Intel,  John Houseman

Sirius To Sell $550M Of Senior Notes In Refinancing Move

Sirius XM (SIRI) this morning said it intends to sell $550 million of senior notes due 2015 to qualified institutional investors. Proceeds will be used to redeem all of the company’s 9.625% senior notes due 2013, and for general corporate ...

From ERIC SAVITZ, Barron's Online,  12 Mar 2010

Related Topics: Sirius Satellite Radio Inc.

Cbeyond Buoyed By Upgrades

Bank of America/Merrill Lynch analyst Michael Funk this morning raised his rating to Neutral from Underperform, with a new target of $13, up from $12. “Expectations have recalibrated following recent management commentary and Q4 results and now reflect ...

From ERIC SAVITZ, Barron's Online,  12 Mar 2010

Related Topics: Cbeyond, Inc.,  Bank of America,  Merrill Lynch

LDK Solar Revises Q4 Estimates; Stock Ticks Higher

The company says it now expects to report revenue for the quarter of $300 million to $310 million, up from $280 million to $310 million previously. The company sees wafer shipments of 330 MW to 340 MW, with module shipments of 20-25 MW. Old guidance ...

From ERIC SAVITZ, Barron's Online,  12 Mar 2010

Apple Taking iPad Pre-Orders; Limit Two Per Customer

The WiFi versions begin shipping April 3; the 3G versions become available toward the end of the month. Customers who pre-order can either have the iPad shipped to them - shipping is free - or they can pick it up at an Apple store. Pricing for the WiFi ...

From ERIC SAVITZ, Barron's Online,  12 Mar 2010

Related Topics: AT&T Inc.,  Apple, Inc.

Nokia Expands Est On ‘09 Market Size; But With Lower Share

Nokia (NOK) this morning said it has revised its estimate of the size of the 2009 mobile device market to 1.26 billion units, up from its previous estimate of 1.15 billion.  The company said the revised figures reflects improved measurement of of ...

From ERIC SAVITZ, Barron's Online,  12 Mar 2010

Gogle: China Warns Of Consequences Of Not Filtering Search

China today warned Google (GOOG) that it will suffer the “consequences” if it follows through on plans to stop censoring Google.cn, the Wall Street Journal reports. “I hope Google can respect Chinese rules and regulations,” Li Yizhong, China’s minister ...

From ERIC SAVITZ, Barron's Online,  12 Mar 2010

Related Topics: Google Inc.,  Wall Street Journal

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