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Benzinga’s Top Pre-Market Losers (CVLT, AMED, SQNM, ATPG)
Tuesday, July 13, 2010 - 8:50am | 129CommVault Systems (NASDAQ: CVLT) tumbled 24.80% to $17.65 in the pre-market session. CVLT’s preliminary Q1 earnings call is scheduled for today . Amedisys Inc (NASDAQ: AMED) fell 13.51% to $30.29 in the pre-market session. AMED had yesterday forecast its second-quarter profit short of expectations...
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Top 4 NYSE Stocks In The Technology Industry With The Highest EPS Estimates (CEL, IBM, WDC, BIO)
Tuesday, July 13, 2010 - 5:52am | 146Below are the top technology stocks on the NYSE in terms of earnings estimates for the next quarter. Cellcom Israel Ltd (NYSE: CEL) is likely to earn $2.96 in the September quarter. CEL’s trailing-twelve-month ROE is 264.90%. International Business Machines Corp (NYSE: IBM) is expected to earn $2....
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ACE Climbs On Inclusion In S&P 500 Index
Friday, July 9, 2010 - 10:33am | 81ACE Limited (NYSE: ACE) shares jumped after Standard & Poor's 500 posted that the company will be replacing Millipore Corp. (NYSE: MIL) in the S&P 500 Index. While the Swiss insurance holder has lost 2.03% over the past six months, it has gained 1.44% over the past week. ACE’s shares were...
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Benzinga’s Top Pre-Market Gainers (NANO, GOOG, BANR, QGEN)
Friday, July 9, 2010 - 9:08am | 171Nanometrics Incorporated (NASDAQ: NANO) rose 5.41% to $9.16 in the pre-market session. NANO is all set to report its Q2 earnings on August 5. Google Inc (NASDAQ: GOOG) added 3.75% to $473.70 in pre-market trading. GOOG has secured its foothold in the fast growing Chinese Internet market after...
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Does This Bull Have Legs? 07-08-2010
Thursday, July 8, 2010 - 2:17pm | 804Cusick’s Corner The magnitude of yesterday’s move was impressive, but we need to see more follow through over the coming days and weeks to really see if this bull has legs. Into the Midday the markets have been waffling around breakeven and we could be seeing a stock pickers market. Last week I...
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I Love This Game 07-07-2010
Wednesday, July 7, 2010 - 6:23pm | 714Cusick’s Corner The market held its ground, something the shorts have conceded at this stage. The day ended with the SPX breaking its second point of resistance 1053. For this to have strength, any pullback here needs to garner more support and get more of the sideline money involved to strengthen...
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Puts Purchased on Millipore Corp. (MIL)
Wednesday, July 7, 2010 - 4:29pm | 146Shares of Millipore Corp. (NYSE: MIL) ended the session higher by 0.19%, trading at $106.95. The stock has been trading largely sideways of the past six months. Options traders were buying some puts today, trying to protect their gains in the stock. The January 2011 $105 put was purchased 1,500...
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Stocks Hitting 52-Week Lows (AFFX, TSLA, SIFY, HOTT)
Wednesday, July 7, 2010 - 1:59pm | 171Affymetrix Inc (NASDAQ: AFFX) shares lost 22.70% to create a new 52-week low of $4.29. AFFX has lowered its earnings and revenue outlook for the second quarter. Tesla Motors Inc (NASDAQ: TSLA) shares fell 4.10% to create a new 52-week low of $15.45. TSLA also dipped 16% yesterday and reached below...
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News Summary (AFFX, DIS)
Wednesday, July 7, 2010 - 11:32am | 222Affymetrix's (NASDAQ: AFFX) shares have slipped more than 25% after the company lowered its Q2 earnings and revenue forecasts. AFFX now expects to generate only $71-$72 million of revenue, as compared to the previous expectation of $80-$82 million and the Street view of $82.2 million. The company...
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Affymetrix Falls On Reduction In Revenue Forecasts For Q2
Wednesday, July 7, 2010 - 10:18am | 87Affymetrix (NASDAQ: AFFX) falls about 25% as the company lowers its revenue outlook for the second quarter. The Santa Clara, California-based company said that it now expects its revenue for the quarter to come in at $71-$72 million, down from previous guidance of $80-$82 million. AFFX’s shares...
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Protection Purchased on Millipore Corp. (MIL)
Tuesday, July 6, 2010 - 11:08am | 108Shares of Millipore Corp. (NYSE: MIL) are flat on the session, currently trading at $106.74. The stock has been trading largely sideways for the past few months. Options traders are buying protection on the name today with the January $105.00 put purchased 952 times, on the offer for $0.10. Open...
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Market Roundup (GOOG, CMCSA, GE)
Friday, July 2, 2010 - 3:16pm | 267Consumer bankruptcy filings in the US rose to 770,117 in the first half of 2010, reflecting 14% year/year growth, according to the American Bankruptcy Institute (ABI). ABI said, “Years of rising consumer debt and low savings rates” are driving totals close to the record levels achieved in 2005. The...
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Playing Food Safety with Qiagen
Thursday, July 1, 2010 - 2:28pm | 175As concerns about E. Coli and other food borne pathogens are increasing, investors may find comfort in Netherlands based, Qiagen (NASDAQ: QGEN). The firm, which specializes in products for pre-analytical sample preparation and molecular diagnostics, has moved into the food safety testing arena with...
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WAT Should Benefit From New Product Introductions: Citigroup
Wednesday, June 30, 2010 - 3:41pm | 168Analysts at Citigroup initiate coverage of Waters Corp (NYSE: WAT) with a "hold" rating. The target price for WAT is set to $78. Citigroup mentions, “Over the next 12 months, we believe WAT should benefit from new product introductions (UPLC and Mass Spec.), Industrial end market recovery, and...
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Puts Purchased on Waters Corp. (WAT)
Wednesday, June 30, 2010 - 2:51pm | 140Shares of Waters Corp. (NYSE: WAT) are flat on the session, currently trading at $65.42. The stock has been moving largely higher over the past six months, though it has recently traded below the 50-day moving average. Options traders are buying puts on the name today. The July $65.00 put was...