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UPDATE: FBN Securities Lowers PT on Dell from $20 to $19
Wednesday, August 17, 2011 - 7:58am | 104FBN Securities has published a research report on Dell Inc. (NASDAQ: DELL) lowering the price target by a dollar. In the report, FBN wrote, "Investors are most focused on the weaker-than-expected guide, but there were other concerns as well: 1.) mobile PC revenue of $4.8B grew only 1% Y/Y due to...
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UPDATE: FBN Lowers PT on Dell to $19
Wednesday, August 17, 2011 - 7:30am | 75FBN is out with its report today on Dell (NASDAQ: DELL), lowering its PT to $19 from $20. In its report, FBN writes, "We reiterate our Outperform rating on DELL and lower our PT from $20 to $19." FBN goes on to say, "We think that downside is limited unless we enter into a recession." At the...
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Auriga Reiterates Buy Rating and $25 PT on Dell
Wednesday, August 17, 2011 - 7:19am | 110Auriga has published a research report on Dell Inc (NASDAQ: DELL) reiterating the price target and rating. In the report, Auriga wrote, "Consistent with our investment thesis, Dell reported upside to EPS despite soft revenue in its F2Q12. The company is also effectively raising its full year EPS...
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Jefferies Maintains Hold Rating On Dell
Wednesday, August 17, 2011 - 7:18am | 50According to Jefferies, Dell (NASDAQ: DELL) reported EPS results that beat expectations. Jefferies said that due to factors we expected namely continued enterprise refresh cycle, component cost reductions, and the pruning of certain businesses. “Maintain Hold and $15 target.” Dell closed...
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UPDATE: Goldman Sachs Lowers Price Target On Dell To $11
Wednesday, August 17, 2011 - 7:16am | 75According to Goldman Sachs, Dell (NASDAQ: DELL) price target is lowered to $11. Goldman Sachs said that Dell reported non-GAAP EPS of $0.54 ahead of its and Street estimates of $0.53 and $0.49, but revenues were light versus expectations and EPS benefited from $0.04 in one-time items. “We lower...
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Sometimes the Best Trades are the Ones You Don't Make
Wednesday, August 17, 2011 - 7:10am | 278US stock futures point to a higher open Wednesday, shrugging off weak guidance from Dell (DELL) and lingering disappoint over yesterday's Merkel-Sarkozy meeting. Markets bobbed and weaved yesterday, surging to close the gap down early, selling of hard in the middle of the day, and then rallying...
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Benzinga's Top Pre-Market Losers
Wednesday, August 17, 2011 - 6:55am | 124Dell Inc (NASDAQ: DELL) dipped 6.65% to $14.75 in the pre-market session. DELL lowered its full-year sales forecast. Flowers Foods Inc (NYSE: FLO) moved down 5.63% to $20.11 in the pre-market session. FLO reported a 16% decline in its second-quarter earnings and lowered its full-year earnings...
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J.P. Morgan Maintains Underweight on Dell
Wednesday, August 17, 2011 - 6:49am | 115J.P. Morgan is out with its report today on Dell (NASDAQ: DELL), maintaining Underweight. In its report, J.P. Morgan writes, "We maintain our Underweight rating on Dell. We still need to see more than just gross and operating margin improvements to become constructive on the stock. Specifically,...
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A Peek Into The Market Before The Trading Starts
Wednesday, August 17, 2011 - 6:31am | 378Pre-open movers US stock futures are slightly higher this morning, as investors are awaiting inflation data. Futures for the Dow Jones Industrial Average gained 31 points to 11,418.00 and S&P 500 index futures rose 4.60 points to 1,196.90. Nasdaq 100 futures gained 1.75 points to 2,201. A...
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Brean Murray Carret & Co Comments on Dell
Wednesday, August 17, 2011 - 5:58am | 94Brean Murray Carret & Co has published a research report on Dell Inc (NASDAQ: DELL), reiterating the view on the computer producer. In the report, Brean Murray Carret & Co wrote, "We continue to like Dell and would be buyers after the stock settles in from today's softness. Bottom line is...
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Goldman Sachs Lowers PT On DELL To $11
Wednesday, August 17, 2011 - 5:33am | 26Goldman Sachs has lowered the price target on Dell (NASDAQ: DELL) from $12 to $11 and maintains its Sell rating.
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Apple Planning $1 Billion Investment in Sharp LCD Factory: Source
Wednesday, August 17, 2011 - 5:21am | 169Apple (NASDAQ: AAPL) is considering an investment in a Sharp Corporation factory that produces LCD screens for the company's popular iPhone and iPad products, sources told Reuters Wednesday. The move would allow Apple to diversify its supplier base, while also securing ample supply when a new...
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US Stock Futures Flat; Inflation Data In Focus
Wednesday, August 17, 2011 - 5:12am | 528US stock futures are flat this morning, as investors are awaiting inflation data. Futures for the Dow Jones Industrial Average gained 1 point to 11,388.00 and S&P 500 index futures rose 0.50 points to 1,192.80. Nasdaq 100 futures dropped 6.00 points to 2,193.00. US stocks closed lower on...
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Google/Motorola Deal and Research In Motion
Wednesday, August 17, 2011 - 4:42am | 582Google (NASDAQ: GOOG) surprised a lot of people by acquiring Motorola Mobility (NYSE: MMI), the pioneer in wireless technologies, which has a long history of innovation in the mobile phone industry. It defined the slim phone design by introducing the StarTAC phones 15 years ago, and reinvigorated...
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Stocks To Watch For August 17
Wednesday, August 17, 2011 - 2:47am | 270Some of the stocks that may grab investor focus today are: Wall Street expects Deere & Company (NYSE: DE) to report its FQ3 EPS at $1.67 on revenue of $7.50 billion. Deere shares fell 0.08% to $75.10 in after-hours trading. Dell Inc (NASDAQ: DELL) reported upbeat quarterly profit and lowered...