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10 Reasons to Be Bullish on Housing
Monday, February 7, 2011 - 1:29pm | 1061By Andrew Jeffery Almost five full years into the housing downturn, it's still cool to be bearish on real estate. But cool isn't always right: Despite headwinds such as looming shadow inventory, a lackluster job market, and geopolitical instability, there are plenty of reasons why rose-colored...
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The Keys: Markets Higher
Monday, February 7, 2011 - 1:09pm | 278The markets moved higher on extremely light volume today. Mondays are often like this, especially following the Super Bowl last night. Remember, light volume favors the upside and today is no different. The SPDR S&P 500 ETF (NYSE: SPY) is trading at $132.30, +1.15 (+0.88%). The markets...
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Deutsche Bank Expects Enterprise Strength To Drive Dell (DELL) and HP (HPQ)
Monday, February 7, 2011 - 11:27am | 197Deutsche Bank expects strong enterprise IT spending to drive strong results from Dell (NASDAQ: DELL) and HP (NYSE: HPQ). Deutsche Bank believes that Dell “margins were supported by favorable product mix (healthy corporate demand / softer consumer) with solid results in Server/Storage due to...
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IBM Trading Higher Today (IBM)
Monday, February 7, 2011 - 10:58am | 39IBM (NYSE: IBM) is trading higher today. At last check, shares of IBM were trading at $164.60, up 0.37% from Friday's close. Shares of IBM hit a 52-week high today in intraday trading.
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Apple Trading Higher Today (AAPL)
Monday, February 7, 2011 - 10:46am | 39Apple (NASDAQ: AAPL) is trading higher today. At last check, shares of AAPL were trading at $349.53, up 0.87% from Friday's close. Shares of APPL hit a 52-week high today in intraday trading.
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Goldman Sachs Reiterates Hewlett-Packard Sell (HPQ)
Monday, February 7, 2011 - 10:25am | 125Goldman Sachs reiterated its Hewlett-Packard (NYSE: HPQ) Sell rating in a research report published today. In the report, Goldman Sachs states, "We would note that our Sell rating on HP and our below-consensus estimates have largely been based on our view that the need for incremental enterprise...
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J.P Morgan Raises Estimates & Adds Hewlett Packard To Its Focus List
Monday, February 7, 2011 - 8:50am | 233J.P Morgan is adding Overweight-rated Hewlett-Packard (NYSE: HPQ) to the J.P. Morgan Analyst Focus List with a PT of $57 versus $55 previously. It believes that a series of catalytic events are lining up to restore investor sentiment in the stock in the near term. JPM also believes that the...
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JP Morgan Raises PT On Hewlett-Packard To $57
Monday, February 7, 2011 - 8:01am | 26JP Morgan has raised the price target on Hewlett-Packard (NYSE: HPQ) from $55 to $57 and maintains its Overweight rating.
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Verizon Enters the Fray
Saturday, February 5, 2011 - 2:45am | 523Just how popular are Apple products? Verizon Wireless said yesterday that it has stopped taking preorders for the iPhone 4 – just 17 hours after the device went on sale at the carrier. The company said it sold more units of the device in the first 2 hours of availability than any other device...
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International Business Machines VP Sells 11,000 Shares of IBM
Friday, February 4, 2011 - 4:58pm | 51In a Form 4 filed earlier today, International Business Machines (NYSE: IBM) Vice-President, Robert Weber, reported that he sold 11,000 shares of IBM on February 3rd for an average price of $164.07. The transaction totaled $1,804,770. Mr. Weber owns 18,097 direct shares of IBM. Source: The...
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Technology: Super Bowl MVP
Friday, February 4, 2011 - 11:42am | 256(TheStreet) -- The 95,000 people expected to pack Cowboys Stadium for Super Bowl XLV on Sunday may have their eyes glued on Ben Roethlisberger and Aaron Rodgers, but the technology infrastructure within $1.2 billion arena also deserves star billing, if you ask Dallas Cowboys CIO Pete Walsh. "I don'...
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Verizon iPhone Pre-Orders Stopped (VZ)
Friday, February 4, 2011 - 10:10am | 71According to Bloomberg, CNBC, and confirmed to Benzinga by a Verizon (NYSE: VZ) Wireless employee, Verizon has stopped taking pre-orders for the Apple (NASDAQ: AAPL) iPhone already. The phone went on pre-sale yesterday at 3 a.m. The company will again begin taking orders on February 9. Shares of...
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J.P. Morgan Raises PT on NCR to $19 (NCR)
Friday, February 4, 2011 - 9:51am | 106J.P. Morgan is out with its report today on NCR (NYSE: NCR), raising its PT from $17 to $19. In a note to clients, J.P. Morgan writes, "Retail is improving with particular strength in self checkout, where revenue was up 38% yoy and up 43% for the full year. We are raising our estimates, but...
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Wunderlich Securities Rates Aspen Insurance Holdings Buy, $37 PT (AHL)
Friday, February 4, 2011 - 9:47am | 162Wunderlich Securities rated Aspen Insurance Holdings (NYSE: AHL) as a Buy with a $37 price target in a research report published today. In the report, Wunderlich Securities states, "Aspen Insurance Holdings (AHL) is expected to report 4Q10 and 2010 results on Monday, February 7, after the market...
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JP Morgan Raises PT On NCR Corporation To $19
Friday, February 4, 2011 - 8:34am | 27JP Morgan has raised the price target on NCR Corporation (NYSE: NCR) from $17 to $19 and maintains its Neutral rating.