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NVLS Stories

Novellus Draws Calls; Public Storage Sees Puts (TheStreet.com) - OptionMonster identifies heavy option trading .

Highest finish since early November (SmallCapInvestor.com via Yahoo! Finance) - The Russell 2000 closed up 9.68, or 1.92% at 514.71, the highest daily finish since November 4.

Analysts' Upgrades, Downgrades: Verizon (TheStreet.com) - See who made what calls.

Next Inning Technology Research Identifies Undervalued Tech Stocks for 2009 (PR Newswire via Yahoo! Finance) - Next Inning Technology Research , a subscription service focused on semiconductor and technology stocks, announced it has published its exclusive "2009 Guide to Undervalued Tech Stocks" covering 75 tech stocks including Cavium Networks , Celestica , 3Com , Novellus , National Semiconductor , Linear Technology , and many others.

A Cool Head Prevails (Barron's Online via Yahoo! Finance) - You'd expect him to have been one of the few whose picks did well this year. He was. We asked him what worked, what he's seeing among hedge-funds and what stocks he likes and dislikes now.

Analysts' Upgrades, Downgrades: GM (TheStreet.com) - See who made what calls.

Novellus Announces Availability of the Webcast of Its Presentation at the 11th Annual Needham Growth Stock Conference (PR Newswire via Yahoo! Finance) - Novellus Systems, Inc. , today announced that the company will present on Wednesday, January 7, 2009, at the 11th Annual Needham Growth Stock Conference.

Novellus lowers Q4 guidance, cuts staff and CEO salary (Silicon Valley - San Jose Business Journal) - Novellus Systems Inc. said Tuesday it expects its fourth quarter loss to reach up to 15 cents a share, and the company will cut about 10 percent of its work force and halve the chief executive's salary. (NVLS)

Chip Stocks Rally as Market Plunges (InternetNews.com) - Tuesday's stock market action was a real head-scratcher.

Job cuts slated for Office Depot, Yahoo, EA (CNN Money) - Office Depot, Yahoo and Electronic Arts have added to the mounting job losses in the global economy, with more than 4,000 positions slated for elimination.

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