We recently reiterated our ‘Neutral' recommendation for Medtronic, Inc ( MDT , Analyst Report ) with a target price of $47 based on a P/E of roughly 13.4x our fiscal 2011 EPS estimate of $3.52. Medtronic reported third quarter fiscal 2010 earnings per share of 77 cents, surpassing the Zacks Consensus Estimate of 76 cents and the year ago earnings of 71 cents. Total revenues in the third quarter increased 10% year over year to $3.851 billion. 
Share:  We recently reiterated our ‘Neutral' recommendation for <span class="company">Medtronic</span>, Inc ( MDT , Analyst Report ) with a target price of $47 based on a P/E of roughly 13.4x our fiscal 2011 EPS estimate of $3.52. <span class="company">Medtronic</span> reported third quarter fiscal 2010 earnings per share of 77 cents, surpassing the Zacks Consensus Estimate of 76 cents and the year ago earnings of 71 cents. Total revenues in the third quarter increased 10% year over year to $3.851 billion. Tweet this 

LSI Corporation ( LSI , Analyst Report ) updated its outlook for the first quarter of 2010. The company now expects revenues between $620 million and $640 million, up from the previous guidance of around $590 – $620 million. Headquartered in California, LSI Corporation designs, develops, and markets complex high performance semiconductors and storage systems. 
Share:  <span class="company">LSI Corporation</span> ( LSI , Analyst Report ) updated its outlook for the first quarter of 2010. The company now expects revenues between $620 million and $640 million, up from the previous guidance of around $590 – $620 million. Headquartered in California, <span class="company">LSI Corporation</span> designs, develops, and markets complex high performance semiconductors and storage systems. Tweet this 

TriQuint Semiconductor, Inc ( TQNT , Analyst Report ) recently updated its guidance for the first quarter of 2010. The company now expects revenues of $175 million, up 47% year over year and up from the previous guidance of $170 million – $175 million. Results for the fourth quarter beat management expectations driven by growth from all end markets. 
Share:  <span class="company">TriQuint Semiconductor</span>, Inc ( TQNT , Analyst Report ) recently updated its guidance for the first quarter of 2010. The company now expects revenues of $175 million, up 47% year over year and up from the previous guidance of $170 million – $175 million. Results for the fourth quarter beat management expectations driven by growth from all end markets. Tweet this 

Greatbatch Inc ( GB , Analyst Report ) recently received the U. S. Food and Drug Administration (FDA) 510 (k) approval to market its next generation valved peelable introducer, OptiSeal, in the United States. The OptiSeal valved peelable introducer is used in the delivery of leads and catheters into the venous system. The product has earlier received marketing clearance in Canada and Europe. 
Share:  <span class="company">Greatbatch</span> Inc ( GB , Analyst Report ) recently received the U. S. Food and Drug Administration (FDA) 510 (k) approval to market its next generation valved peelable introducer, OptiSeal, in the United States. The OptiSeal valved peelable introducer is used in the delivery of leads and catheters into the venous system. The product has earlier received marketing clearance in Canada and Europe. Tweet this 

Noble Energy Inc ( NBL , Analyst Report ) was apparently the highest bidder on 16 deepwater lease blocks in the Central Gulf of Mexico Lease Sale 213. Noble Energy's share of the lease bonuses on its bids totaled approximately $37.7 million. The company partnered another on one of the high bids and bid alone on the remainder. 
Share:  <span class="company">Noble</span> Energy Inc ( NBL , Analyst Report ) was apparently the highest bidder on 16 deepwater lease blocks in the Central Gulf of Mexico Lease Sale 213. <span class="company">Noble</span> Energy's share of the lease bonuses on its bids totaled approximately $37.7 million. The company partnered another on one of the high bids and bid alone on the remainder. Tweet this 

Palm will continue to struggle as it competes against much larger competitors in the smartphone market such as Apple Inc ( AAPL , Analyst Report ), Research In Motion ( RIMM , Analyst Report ), Nokia Corp ( NOK , Analyst Report ), HTC, Motorola ( MOT , Analyst Report ) and Samsung Electronic. With weak fundamentals and waning market share, our confidence in the company's long term prospects is low. Revenue. 
Share:  Palm will continue to struggle as it competes against much larger competitors in the smartphone market such as <span class="company">Apple</span> Inc ( AAPL , Analyst Report ), Research In Motion ( RIMM , Analyst Report ), Nokia Corp ( NOK , Analyst Report ), HTC, Motorola ( MOT , Analyst Report ) and Samsung Electronic. With weak fundamentals and waning market share, our confidence in the company's long term prospects is low. Revenue. Tweet this 

Management said that the revenue in the fourth quarter would come in below expectations, as a result of lower sales and reduced demand for both the Pre and Pixi smartphones at its exclusive carriers, Sprint ( S , Analyst Report ) and Verizon ( VZ , Analyst Report ). Palm expects to generate just $150 million in revenue in the fourth quarter versus $113.2 million generated in the year ago period. While this is up year over year, it is well below the consensus estimate of $306 million. 
Share:  Management said that the revenue in the fourth quarter would come in below expectations, as a result of lower sales and reduced demand for both the Pre and Pixi smartphones at its exclusive carriers, Sprint ( S , Analyst Report ) and <span class="company">Verizon</span> ( VZ , Analyst Report ). Palm expects to generate just $150 million in revenue in the fourth quarter versus $113.2 million generated in the year ago period. While this is up year over year, it is well below the consensus estimate of $306 million. Tweet this 

Palm will continue to struggle as it competes against much larger competitors in the smartphone market such as Apple Inc ( AAPL , Analyst Report ), Research In Motion ( RIMM , Analyst Report ), Nokia Corp ( NOK , Analyst Report ), HTC, Motorola ( MOT , Analyst Report ) and Samsung Electronic. With weak fundamentals and waning market share, our confidence in the company's long term prospects is low. Revenue. 
Share:  Palm will continue to struggle as it competes against much larger competitors in the smartphone market such as Apple Inc ( AAPL , Analyst Report ), Research In Motion ( RIMM , Analyst Report ), Nokia Corp ( NOK , Analyst Report ), HTC, <span class="company">Motorola</span> ( MOT , Analyst Report ) and Samsung Electronic. With weak fundamentals and waning market share, our confidence in the company's long term prospects is low. Revenue. Tweet this 

Management said that the revenue in the fourth quarter would come in below expectations, as a result of lower sales and reduced demand for both the Pre and Pixi smartphones at its exclusive carriers, Sprint ( S , Analyst Report ) and Verizon ( VZ , Analyst Report ). Palm expects to generate just $150 million in revenue in the fourth quarter versus $113.2 million generated in the year ago period. While this is up year over year, it is well below the consensus estimate of $306 million. 
Share:  Management said that the revenue in the fourth quarter would come in below expectations, as a result of lower sales and reduced demand for both the Pre and Pixi smartphones at its exclusive carriers, <span class="company">Sprint</span> ( S , Analyst Report ) and Verizon ( VZ , Analyst Report ). Palm expects to generate just $150 million in revenue in the fourth quarter versus $113.2 million generated in the year ago period. While this is up year over year, it is well below the consensus estimate of $306 million. Tweet this 

We do not see a turnaround at Palm Inc ( PALM , Snapshot Report ) in the near future. The shares fell 14.5% after the market closed yesterday, following the company's third quarter of fiscal 2010 earnings announcement. The shares have fallen by more than 50% this year. 
Share:  We do not see a turnaround at <span class="company">Palm</span> Inc ( PALM , Snapshot Report ) in the near future. The shares fell 14.5% after the market closed yesterday, following the company's third quarter of fiscal 2010 earnings announcement. The shares have fallen by more than 50% this year. Tweet this