Tag Archives: goog

BlackBerry Future May Be Clearer With Earnings Report

Beleaguered BlackBerry (BBRY) is scheduled to report quarterly earnings before the open Friday, with revenue projected to fall 44% from the year-earlier period. It would be the eighth double-digit drop in the last nine quarters. Not all analysts have entirely thrown in the towel on BlackBerry, a pioneer and former leader in the smartphone market prior to the arrival of the Apple (AAPL) iPhone and Google (GOOG) Android handsets. Analyst Brian Blair

Hulu Streaming Revenue To Hit $1 Billion In 2013

Internet video streamer Hulu says its 2013 revenue will jump nearly 44% to $1 billion. By comparison, Google (GOOG)-owned YouTube will rake in $1.96 billion in net global digital ad revenues in 2013, up 66%, according to research firm eMarketer. Here’s IBD’s earlier report. Hulu CEO Mike Hopkins, in a blog post Wednesday, said the online video company’s number of advertisers rose 15% this year to more than 1,000 brands. “It was also a record year

IRobot leaps on bullish report, speculation

Robots are hot now thanks to activity in the sector by Internet giants Amazon.com (AMZN) and Google (GOOG). And pure-play robot maker iRobot is benefiting from the increased attention. IRobot stock jumped as much as 23% Tuesday on a bullish report from Raymond James analyst Brian Gesuale. In afternoon trading, iRobot stock was up 17%, near 37, in heavy volume on the stock market today. On Monday, iRobot rose 6.7%. Gesuale upgraded iRobot (IRBT) stock to strong buy from market perform and set a price target of 39. He says the company’s new Roomba 800 series vacuum-cleaner robots and low-cost Braava floor-cleaning robots will drive sales in 2014. “We see floor care as a two-year bridge that supports upper teen EPS growth until new remote presence, health care and home robots hit the market,” he wrote in a research report Tuesday. “As the latter occurs, we see new products catalyzing.”…