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Motorola Strikes a Deal for Location-Mobile Provider Aloqa
Thursday, September 16, 2010 - 1:31pm | 86The dealmaking for mobile location-based services companies heated up this week. First, high-end audio maker, Harman (NYSE: HAR), agreed to buy Aha Mobile. The company essentially turns your smartphone into an in-vehicle infotainment system. And today, we got another deal: Motorola (NYSE: MOT)...
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Company News for September 16, 2010 - Corporate Summary
Thursday, September 16, 2010 - 10:15am | 461• FedEx (NYSE: FDX) posted fiscal first quarter earnings one cent below consensus expectations, coming in at $1.20 on a revenue gain of 18.1% to $9.46 billion, above projections of $9.39 billion. The company raised its fiscal 2011 guidance to $4.80-$5.25 • Microsoft (NASDAQ: MSFT) launched its new...
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Garmin to Shutter Smartphone Biz? - Analyst Blog
Wednesday, September 15, 2010 - 4:03pm | 492Many people may not know that Garmin (GRMN), the maker of personal navigational devices, has also tried its luck with smartphones -- and has struggled to make a mark. Now, the company admits that sales of Nuvifone, the navigation-enabled smartphone, have been dismal, and it is examining options...
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Garmin to Shutter Smartphone Biz? - Analyst Blog
Wednesday, September 15, 2010 - 3:45pm | 492Many people may not know that Garmin (GRMN), the maker of personal navigational devices, has also tried its luck with smartphones -- and has struggled to make a mark. Now, the company admits that sales of Nuvifone, the navigation-enabled smartphone, have been dismal, and it is examining options...
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HARMAN Acquires Aha Mobile, Inc
Wednesday, September 15, 2010 - 8:31am | 123Harman International Industries, Inc. (NYSE: HAR) said today that it has acquired Aha Mobile, Inc. Based in Palo Alto, California, Aha Mobile is a pioneer in converting Web-based content to streaming mobile radio that allows users to safely access their favorite news, entertainment and social media...
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The Movie Scene: Summer 3D and Fall Expectations
Tuesday, September 14, 2010 - 6:57am | 520The future of the movie industry has been a hot topic in recent years, with more individuals turning to in-home viewing, and more movie studios reaching out to 3D technology to compete. According to Sean Phillips, executive producer of Yahoo! Movies (Nasdaq: YHOO), ticket sales for the current...
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DTS Partners with Digital Rapids - Analyst Blog
Monday, September 13, 2010 - 10:00pm | 879A leading provider of high definition (HD) audio technology, DTS Inc. (DTSI) entered into a partnership with Digital Rapids, a premier provider of encoding and transcoding solutions. Under the terms of the agreement, DTS and DTS-HD audio support will be integrated into the prospective versions...
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Video Game Sales Decline in August - Analyst Blog
Friday, September 10, 2010 - 4:03pm | 847Following flat sales in the month of July, video game sales plunged in August, according to market research firm NPD Group. NPD does not include sales from PC games in its monthly game sales data. Overall US revenues decreased 10.0% year over year to $818.9 million, in sync with analysts’...
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Zings Of The Day (GS, GOOG, SNE, DIS)
Thursday, September 9, 2010 - 4:07pm | 247Goldman Sachs (NYSE: GS) is being fined a record $27 million by the British Financial Services Authority, as it relates to the Abacus charges. What's $27 million when you're doing God's work, right Lloyd? Imagine what would've happened if they were doing Satan's work. They would've fined the...
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Marketwatch: Auto Sales Recovery Stalls as Economy Waffles
Thursday, September 9, 2010 - 8:28am | 1442Housing and auto sales, the 2 cyclical industries that most directly affect the U.S. economy and are the largest consumption decisions in day to day life, have rebounded off the worst levels of 2008 and early 2009 when most Americans were in a cocooned like state. Yet despite record mortgage rates...
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Bank of Japan Votes To Keep Interest Rates Near Zero
Wednesday, September 8, 2010 - 10:24am | 210The Bank of Japan (BOJ) has voted to keep interest rates near zero, and holding off on further measures to try and get a handle on the strengthened yen. The decision by the nine-member Policy Board was unanimous to keep rates at .1%. The rate has not changed since December 2008. The BOJ held an...
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Zacks Analyst Blog Highlights: Electronic Arts, Dolby Laboratories, Activison Blizzard, Take-Two Interactive Software and BB&T - Press Releases
Wednesday, September 8, 2010 - 8:03am | 1601For Immediate Release Chicago, IL – September 8, 2010 – Zacks.com Analyst Blog features: Electronic Arts (ERTS), Dolby Laboratories Inc. (DLB), Activison Blizzard (ATVI), Take-Two Interactive Software Inc. (TTWO) and BB&T Corp. (BBT ). Get the most recent insight from Zacks Equity Research with...
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EA Adds New Technology - Analyst Blog
Tuesday, September 7, 2010 - 3:36pm | 2852A leading developer and publisher of video games, Electronic Arts (ERTS) studio –Black Box is adding Dolby Laboratories Inc.’s (DLB) Dolby Axon voice chat technology to its hugely popular multiplayer online (MMO) racing action game – Need for Speed World. Dolby Laboratories is a leading...
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Benzinga's Top ETF Decliners (FAZ, TYP, SOXS, TZA, SQQQ)
Friday, September 3, 2010 - 5:05pm | 263Direxion Daily Financial Bear 3X Shares(ETF) (NYSE: FAZ) led the decliners among the ETFs today, as the financial stocks continued to move higher. Goldman Sachs Group, Inc. (NYSE: GS) had a great trading session, with an increase of 5.37%. FAZ fell 5.93%, and closed at $13.64. Direxion Daily Tech...
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Near-Term PC Growth Not Visible - Analyst Blog
Friday, September 3, 2010 - 1:33pm | 1006Gartner’s View Research firm Gartner Inc. (IT) lowered its worldwide personal computer (PC) growth expectations to 15.3% year over year in the second half of 2010, down 2 percentage points from its previous outlook. Lower consumer demand for PCs in established or mature markets and caution at PC...