This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Friday's Tech Winners & Losers

Shares of CalAmp (CAMP - Get Report) tumbled 9% after the wireless-equipment provider posted disappointing third-quarter results. For the quarter ended Nov. 30, the company earned $896,000, or 4 cents a share, on revenue of $61.1 million. Analysts expected earnings of 6 cents a share on revenue of $61.1 million. A year earlier, CalAmp earned $5.4 million, or 23 cents a share, on revenue of $64.5 million.

CalAmp projected fourth-quarter earnings of 3 cents to 7 cents a share, with revenue of $54 million to $60 million. Analysts project earnings of 6 cents a share and revenue of $60.4 million. Shares were trading at $7.33, down 74 cents.

Napster (NAPS) rose 6% after the company said that it would become the exclusive music subscription provider for Time Warner's (TWX - Get Report) America Online. Napster will replace AOL's current offering, AOL Music Now. AOL will also promote the Napster brand within its free music site. The service change is expected to be complete within the next 60 days. Shares of Napster were adding 22 cents to $4.04.

Shares of AsiaInfo (ASIA) climbed 10% after the telecom software provider said it recently signed a contract with China Unicom (CHU) to develop a mobile email system. Financial details weren't disclosed. Shares of AsiaInfo were up 82 cents to $8.57.

Other technology movers included Sirius Satellite Radio (SIRI), up 16 cents to $4.06; Level 3 Communications (LVLT), up 26 cents to $6.74; Microsoft (MSFT), up 16 cents to $30.86; Intel (INTC), down 23 cents to $21.69; Sun Microsystems (SUNW), down 9 cents to $6.05; Apple (AAPL), down $2.02 to $93.78; and Cisco Systems (CSCO), down 11 cents to $28.58.

2 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
ASIA $11.99 0.25%
AMD $2.58 0.00%
CAMP $16.43 0.00%
PDFS $18.11 0.00%
TWX $83.40 0.00%

Markets

DOW 17,826.30 -279.47 -1.54%
S&P 500 2,081.18 -23.81 -1.13%
NASDAQ 4,931.8150 -75.9760 -1.52%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs