Beyond the miss and downward guidance here is the real story: Life just doesn’t seem to be getting better for the speech recognition company.
Solar panel installer is backing off its emphasis on positive cash flow.
Growth continues to slow, margins continue to compress, cash flow continues to evaporate and the balance sheet continues to look like a high-wire act but Wall Street wants to believe in Boulder Brands’ gluten free story.
Dow Jones is moving a story that Tibco has reached out to suitors, which is in keeping with the obvious: that the company's showcase product, Spotfire, is wallowing.
Nu Skin said it had enough “visibility” to give guidance for the back half of the year, but it's questionable whether it has visibility into what's going on in China.
Sometimes the best shorts, or the stocks with the highest risk, show themselves even more clearly after the gold rush, or in the case of Carbo Ceramics, after the sandstorm.
If Michael Kors is focused on the longterm, not on quarter-to-quarter returns for investors, then it needs to stop giving quarterly guidance.
It appears the slowdown is occurring.
A few quick updates on Watch List names, and a head’s up on one that’s not on it.
In its second quarter it was generally business as usual for a company struggling with structural issues that, in our opinion, are not easy to fix.