Intel Corporation (NASDAQ:INTC)

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WOW……. Intel Corporation (NASDAQ:INTC) is among the gainers on NASDAQ in the early morning trade. The stock surged over 4.6% to $20.37 with over 11.66 million shares being traded within few minutes of trade. Today (August 28, 2009), As a result of stronger than expected demand for microprocessors and chipsets, Intel Corporation now expects revenue for the third quarter to be $9.0 billion, plus or minus $200 million, as compared to the previous range of $8.5 billion, plus or minus $400 million. ……….

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Marvell Technology Group Ltd (NASDAQ:MRVL)

GREAT……….. Marvell Technology Group Ltd (NASDAQ:MRVL) is gaining momentum in the early morning trading hour. The stock moved up 7.31% to $15.73 on a traded volume of 2.23 million shares. On August 27, 2009, Marvell Technology Group Ltd reported financial results for the second quarter of fiscal 2010, ended August 1, 2009. Net revenue for the second quarter of fiscal 2010 was $640.6 million, a 23 percent sequential increase from $521.4 million in the first quarter of fiscal 2010, ended May 2, 2009. ……….

 

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Genworth Financial, Inc (NYSE:GNW)

EXCELLENT………. Genworth Financial, Inc (NYSE:GNW) climbed 5.70% on high volume of 6.87 million shares and currently trades at $10.17. On August 27, 2009, Genworth Financial, Inc. announced a new relationship with Teacher Retirement System of Texas (TRS) to provide long term care insurance to its membership. The group insurance is underwritten by Genworth Life Insurance Company (Genworth Life). ……….

 

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J. Crew Group, Inc. (NYSE:JCG)

HELLOOO……….. J. Crew Group, Inc. (NYSE:JCG) surged over 6.50% at $34.89 on 579K shares. On August 27, 2009, J. Crew Group, Inc. reported that 2Q net income rose to $18.6 million, or $0.29 a share, from $18.1 million, or $0.28, a year ago. Revenue for the three months ended August 01, 2009, rose 6% to $357.6 million. Direct sales via phone and internet rose 6% to $88.2 million while comparable store sales fell 5%. Analysts surveyed by FactSet Research had expected the company to earn $0.15 a share on $347 million in revenue. J. Crew Group, Inc. also reported that for 3Q2009, it expects diluted earnings per share (EPS) in the range of $0.30 to $0.33. ……….

 

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Tiffany & Co. (NYSE:TIF)

HEY……….. Tiffany & Co. (NYSE:TIF) is currently trading at $36.42, moved up by 7.90% on 552K shares within a few minutes of trading. On August 28, 2009, Tiffany & Co. announced that for fiscal 2009, it has increased its outlook. The Company now expects a worldwide sales decline of approximately 10% and net earnings from continuing operations of $1.65-$1.75 per diluted share (versus the previous forecast of $1.50-$1.60 per diluted share). The Company reported revenue of $ 2.86 billion in fiscal 2008. ……….