THE financial results from Novell (NOVL) are due tomorrow and the stock is down over 5% at the moment (in today's trading alone). The main indexes are up, so it is not a trend that's shared across the board.
Thursday
Novell (Nasdaq: NOVL) steps up. The networking specialist may not be the bellwether titan it used to be, but Novell has always managed to remain profitable. Analysts see the company posting a quarterly profit of $0.06 a share, in line with last year.
Thursday: The pressure lightens up on Thursday, as only weekly initial jobless claims and October's factory orders are on tap. In earnings news, Toll Brothers, Williams-Sonoma (nyse: WSM - news - people ), Guess (nyse: GES - news - people ), Novell (nasdaq: NOVL - news - people ) and Wind River (nasdaq: WIND - news - people ) are scheduled to release their quarterly reports.
Thursday
Reports: October factory orders; weekly initial jobless claims
Earnings: Guess Inc.; Novell Inc.; Toll Brothers Inc.
The ratios on Sears Holding (SHLD: View sentiment for SHLDsentiment, chart, options) , Toll Brothers (TOL: View sentiment for TOLsentiment, chart, options) , Marvell Technology (MRVL: View sentiment for MRVLsentiment, chart, options) , and Novell (NOVL: View sentiment for NOVLsentiment, chart, options) are very high (ranging between 87% and 98%), which are signs of pessimism.