NEW YORK, November 13, 2013 /PRNewswire/ --
Market Buzz Report, one of the leading providers of valuable newsletters, issues critical news alert for NQ Mobile Inc (NYSE : NQ ), Ellie Mae Inc(NYSE : ELLI ), Netflix, Inc.(NASDAQ : NFLX ), Cisco Systems, Inc.(NASDAQ : CSCO ), Sony Corporation (NYSE : SNE )
NQ Mobile Inc (NYSE : NQ ) : The Chinese provider of wireless security reported earnings per share of 28 cents, in line with estimates, on revenue of $54 million versus estimates calling for $51 million in sales. Its shares fell in after-hours trade.
NQ Mobile reports registered user accounts 426.6M as of September 30, Compared with 241.6M as of September 30, 2012 and 372.2M as of June 30. Including 98.4M registered user accounts for Beijing Feiliu Jiutian Technology Co., Ltd, NQ Mobile had total registered user accounts of 525M as of September 30.
Is NQ Still a Buy After The Recent Rally? Get The Special Report Here http://marketbuzzreport.com/index.php?code=NQ (Or Copy and paste the URL into your browser)
IMF News reports P-E firm Silver Lake (recently helped take Dell private) has considered buying Ellie Mae Inc(NYSE : ELLI ), and that the mortgage origination software vendor has seen interest from at least three different P-E firms.IMF also reports a sale could involve a purchase price in the $800M-$1.1B range. Ellie currently has a market cap of just $691M.Reuters reported in September Ellie had hired Morgan Stanley to help find a buyer. Shares tumbled two weeks ago after the company missed Q3 estimates and issued soft Q4 guidance, thanks in large part to declining mortgage application activity.
Free Urgent Insider Catalyst Report For ELLI Available Here: http://marketbuzzreport.com/index.php?code=ELLI (Or Copy and paste the URL into your browser)
Reuters reports Arista Networks, a maker of data center switches that has increasingly become a thorn in Cisco Systems, Inc.(NASDAQ : CSCO ) side, has hired Morgan Stanley, Citi, and Credit Suisse to handle a 2014 IPO.The high port densities and low latencies provided by Arista's switches have helped the company score dozens of blue-chip customers, many of which are in the financial services vertical (traders place a premium on low latency). Whereas Cisco relies heavily on proprietary ASICs, Arista relies on off-the-shelf network process from the likes of Broadcom (BRCM) and Intel.
Free Urgent Insider Catalyst Report For CSCO: Available Here: http://marketbuzzreport.com/index.php?code=CSCO (Or Copy and paste the URL into your browser)
Analysts think the company could see a $2.5B IPO valuation; with ISI estimating Arista will do $300M+ in 2013 sales, that could translate into an ~8x price/sales multiple.Cisco's recent Insieme switch launch was aimed partly at Arista. Cisco also launched a low-latency data center switch a year ago in an effort to better compete against Arista.
Netflix, Inc.(NASDAQ : NFLX ) could easily fall by 50% if its volatile past track period is any indication, speculates Barron's.Escalating programming costs could create a "snowball drag" on earnings that could be difficult to catch up to with cable operators likely to keep content bidding moving even higher.A last sobering thought for Netflix longs from Barron's is the publication's conclusion that even if NFLX share price halved, the company's forward P-E looks rich at 23.
Is NFLX a Solid Buy After The Recent Rally? Get Free Special Trend Analysis Here http://marketbuzzreport.com/index.php?code=NFLX (Or Copy and paste the URL into your browser)
In an effort to grow game distribution, Sony Corporation (NYSE : SNE ) has decided to allow Amazon and other online retailers to sell digital PS3, PS4, and PS Vita titles. Amazon has already launched a PlayStation Network Store, and is offering $5 in Network credit with certain game purchases.Separately, Sony says it's comfortable with analyst forecasts for 3M PS4 sales by year's end. The company is also reiterating its target for 5M sales in FY14 (ends March '14). Sony's expectations for 2013 sales are noteworthy in light of the fact the PS4 won't launch in the company's home market of Japan until Feb. 22, 2014.
Is SNE Still a Buy After The Recent Slump? Get The Special Report Here http://marketbuzzreport.com/index.php?code=SNE (Or Copy and paste the URL into your browser)
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