DailyFinance.comhttp://www.dailyfinance.comDailyFinance.comhttp://o.aolcdn.com/os/df/2013/img/2-dailyfinance_logo_m.pngDailyFinance.comhttp://www.dailyfinance.comen-usCopyright 2013 Weblogs, Inc. The contents of this feed are available for non-commercial use only.Blogsmith http://www.blogsmith.com/Investing in Intel: A Good Idea for 2010http://www.dailyfinance.com/2010/01/05/intel-a-good-idea/http://www.dailyfinance.com/2010/01/05/intel-a-good-idea/http://www.dailyfinance.com/2010/01/05/intel-a-good-idea/#commentsFiled under: , ,

Intel (INTC), the famous chip maker whose major competitors include Advanced Micro Devices (AMD), Qualcomm (QCOM) and Texas Instruments (TXN), started the new year off on a great foot. According to Eric Buscemi's roundup Monday, the company received an upgrade from Baird which gave it a price target of $26. Intel closed on Monday at $20.88.

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]]>advanced micro devicesAMDchip makerfeaturedINTCIntelinthenewsMicrosoftMSFTtech stockstexas instrumentsTXNSteven MallasTue, 05 Jan 2010 15:15:00 ESTThis trendy retailer looks like a risky momentum playhttp://www.dailyfinance.com/2009/11/13/this-trendy-retailer-looks-like-a-risky-momentum-play/http://www.dailyfinance.com/2009/11/13/this-trendy-retailer-looks-like-a-risky-momentum-play/http://www.dailyfinance.com/2009/11/13/this-trendy-retailer-looks-like-a-risky-momentum-play/#commentsFiled under: ,

Back in August, I discussed my amazement at the performance of shares of Abercrombie & Fitch (ANF). The stock just didn't seem to reflect the fundamentals of the company's business. Well, my amazement continues, because shares of the retailer are up 9% on Friday on the latest earnings report -a report that did not impress me.

For the third quarter, Abercrombie made, on a reported basis, 44 cents per diluted share compared to 72 cents per diluted share in the year-ago period. After adjustments, earnings came in at 30 cents per share. Okay, that profit drop is bad enough, but wait till I get to the really bad stuff --revenues. Total sales declined 15%, but same-store sales were even worse: They plunged off the proverbial cliff, falling 22%.

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]]>abercrombie and fitchAEOamerican eagle outfittersANFfashionGapGPSKohlsKSSretailSteven MallasFri, 13 Nov 2009 17:15:00 EST