Tech Biz Recap: Intel Loves Ultrabooks, Pandora Gears Up for Elections

Intel Corporation (NASDAQ:INTC): Ultrabooks may be the new tablets, but not in a good way since there is the possibility that many will go unsold in 2012, thanks to a combo of soft PC demand, (NASDAQ:MSFT) Windows 8 anticipation, and competition from the MacBook Air. Inventories piled up in 2011 for high-end tablets that failed to compete with the iPad (NASDAQ:AAPL). All this in light of an announcement that January’s CES show will see as many as 50 Intel-based (NASDAQ:INTC) ultrabooks launched. INTC shares recently traded at $24.36, up $0.02, or 0.08%. Its market capitalization is $124.04 billion. They have traded in a 52-week range of $19.16 to $25.50. Volume today was 31,545,353 shares versus a 3-month average volume of 64,221,600 shares. The company’s trailing P/E is 10.55, while trailing earnings are $2.31 per share. Get the most recent company news and stock data here >>

Focus Media Holding Ltd. (NASDAQ:FMCN): Shares of Focus Media were up a 13.8% following an earnings beat. It posted growth in its LCD display, in-store and poster frame segments. The company sees Q4 revenue growing to $212M-$214M with Q/Q growth of 9%. FMCN shares recently traded at $26.00, up $0.72, or 2.85%. Its market capitalization is $3.53 billion. They have traded in a 52-week range of $15.76 to $37.58. Volume today was 10,756,178 shares versus a 3-month average volume of 3,334,640 shares. The company’s trailing P/E is 16.60, while trailing earnings are $1.57 per share. Get the most recent company news and stock data here >>

NVIDIA Corporation (NASDAQ:NVDA): Though Nvidia’s (NASDAQ:NVDA) Tegra processors have been designed into many high-end Android tablets, DigiTimes’ sources claim Taiwanese OEMs are being “conservative” about adopting its “Kal-El” Tegra 3 chip although the OMAP 4 has already found its way into the Kindle Fire and Nook Tablet.  They are also closely evaluating Qualcomm’s (NASDAQ:QCOM) Snapdragon S4 and Texas Instruments’ (NYSE:TXN) OMAP 4 chips. NVDA shares recently traded at $13.95, down $0.11, or 0.78%. Its market capitalization is $8.47 billion. They have traded in a 52-week range of $11.47 to $26.17. Volume today was 8,724,546 shares versus a 3-month average volume of 19,970,800 shares. The company’s trailing P/E is 13.52, while trailing earnings are $1.03 per share. Get the most recent company news and stock data here >>

Motorola, Inc. (NYSE:MMI): Motorola Mobility is “fairly likely” to obtain a patent injunction against Apple’s (NASDAQ:AAPL) iCloud service by February, according to patent expert Florian Mueller. MMI shareholders just signed off on the company’s merger with Google (NASDAQ:GOOG). Mueller claims a German court rejected all of Apple’s defenses as they “experienced a dreadful hearing” today. MMI shares recently traded at $38.74, down $0.2, or 0.51%. Its market capitalization is $11.60 billion. They have traded in a 52-week range of $20.77 to $39.20. Volume today was 8,904,809 shares versus a 3-month average volume of 5,942,700 shares. The company’s trailing earnings are $-0.30 per share. Get the most recent company news and stock data here >>

Pandora Media Inc. (NYSE:P): Pandora aims to cash in on the 2012 election. Delivering geotargeted political ads to candidates by using users’ zip codes and other local information will deliver more bang for the buck. P shares recently traded at $12.57, up $0.31, or 2.53%. Its market capitalization is $2.03 billion. They have traded in a 52-week range of $9.33 to $26.00. Volume today was 324,564 shares versus a 3-month average volume of 769,440 shares. The company’s trailing earnings are $-0.59 per share. Get the most recent company news and stock data here >>

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