F5 Networks Fiscal Q4 Tops Views, CEO To Retire

Data center gear maker F5 Networks (FFIV) late Wednesday reported fiscal Q4 earnings and revenue above views and said CEO John McAdam plans to retire in about a year. McAdam will stay on as nonexecutive board chairman, the company said. McAdam has been CEO since 2000. F5 Network stock was up more than 3.5% in early trading in the stock market today, near 121. Seattle-based F5 Networks sells application delivery controllers that direct data traffic

Alibaba Among 4 Hot Chinese Internets Set To Report

With the market in confirmed uptrend again, the rising tide will lift nearly all seaworthy boats. Looking for ones that are fundamentally sound, such as YY, will yield vessels that should stay afloat long-term. Chinese search giant Baidu (BIDU), often called “China’s Google,” on Wednesday reported third-quarter earnings that easily topped estimates, plus Q4 guidance that matched

Airline Stocks Rebound As Fuel Costs Plunge

Airline stocks are bouncing back, leaving some of the group’s leaders near buy points. Worries about Ebola and slackening demand in foreign markets contributed to a slump in airline stocks during September and earlier this month. But the group has snapped back. Its ranking has gone from 118 (out of 197 industry groups) to 38 in just three weeks. No coincidence, the industry’s rally has occurred while the broad market recovers. A plunge in oil

SunPower Q4 Forecast Misses Expectations, Q3 Beats

SunPower on Wednesday guided Q4 earnings and revenue below Wall Street expectations, with the CEO citing the timing of revenue recognition for some of its solar projects. SunPower (SPWR) stock fell 1.7% Wednesday on the report, though the San Jose, Calif.-based company posted Q3 results that solidly beat analyst expectations. SunPower CEO Tom Werner said in a conference call with analysts Wednesday that “timing uncertainty” of revenue to be

Alibaba’s U.S. Startup Stakes Offer Strategy Clues

While it may make a U.S. mega-acquisition, Alibaba is also pursuing a lower-key strategy here: investing in promising U.S. tech startups. The exact purpose of its investments is unclear. Some appear aimed at tapping technology that Alibaba Group (BABA) needs to compete vs. Chinese Internet giant Tencent (TCEHY) and other rivals. Others may be more strategic and have a long-term focus on the U.S. and other markets. One key area seems to be mobile