OmniVision Shares Off As AmTech Cuts Target, Trims Estimates; Sees Potential Inventory Issue Ahead

I’ve a passion for Business and keep looking for more info. Today, I checked if I could find more info by entering ‘market trends’ in Google and found this:

OmniVision (OVTI) shares are under pressure today following cautious comments on the optical sensor company by American Technology Research analyst Doug Freedman. Freedman today repeated his Neutral rating on the stock, and cut his price target to $13 from $17 to reflect weaker handset trends. He says that his estimates had been too aggressive given trends in handsets and competitive pricing at some sensor resolutions. Freedman writes that the market for 2 MP sensors is becoming extremely

source: OmniVision Shares Off As AmTech Cuts Target, Trims Estimates; Sees Potential Inventory Issue Ahead, Tech Trader Daily - Barrons Online

W00t, not exactly what I was looking for, but a good read nevertheless.

What I’m Reading

China Price to Drive - As oil has been hovering around 120 I have seen several articles or research reports that talk about the effects of price controls in many o il producing and asian economies. … This allows fuel consumers in these nations to not pare back consumption, an upward pressure on global market price….

source: What I’m Reading, Portfolio Journal

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