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Company News for January 04, 2011 - Corporate Summary
Tuesday, January 4, 2011 - 11:39am | 852• Goldman Sachs (NYSE:GS) removed Nike (NYSE:NKE) from its Conviction Buy List, but maintained the "buy" rating with a target price of $95 • KBW upgraded SunTrust (NYSE:STI) to "outperform," increasing the target price $33 from $30 • Deutsche Bank (NYSE:DB) lifted its target price of Apple (NASDAQ:...
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NASDAQ Stocks Hitting 52-Week Highs (AAPL, GEOI, NXPI, ZOLT)
Tuesday, January 4, 2011 - 11:37am | 139Apple Inc (NASDAQ: AAPL) shares reached $331.375 to create a new 52-week high, before falling to $331. Analysts at Deutsche Bank raised their price target on AAPL to $410. GeoResources Inc (NASDAQ: GEOI) shares rose 1.60% to touch a new 52-week high of $23.50. GEOI's trailing-twelve-month operating...
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Company News for January 04, 2011 - Corporate Summary
Tuesday, January 4, 2011 - 11:11am | 852• Goldman Sachs (NYSE:GS) removed Nike (NYSE:NKE) from its Conviction Buy List, but maintained the "buy" rating with a target price of $95 • KBW upgraded SunTrust (NYSE:STI) to "outperform," increasing the target price $33 from $30 • Deutsche Bank (NYSE:DB) lifted its target price of Apple (NASDAQ:...
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FBR Capital Markets Comments On Tech & Semiconductor Sales
Tuesday, January 4, 2011 - 10:51am | 207FBR Capital Markets remain constructive on the chip sector for 2011 and think that semiconductor stocks can appreciate higher over the course of the year, given robust end demand for smartphones, tablets, infrastructure equipment, and industrial/automotive applications; higher chip content per...
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Both Goldman Sachs (GS) and Apple (AAPL) Show Breakout Potential
Tuesday, January 4, 2011 - 10:30am | 516Yesterday's "we must rally for rallying sake" gap and run, pushed both Goldman Sachs (GS) and Apple (AAPL) above key resistance levels. Apple is the dominant animal in the widely traded QQQQs, hence the rally in December without Apple's participation was very interesting. While sentiment readings...
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Dell Acquires SecureWorks
Tuesday, January 4, 2011 - 9:46am | 57Dell (NASDAQ: DELL) today announced it has signed a definitive agreement to acquire SecureWorks Inc., a globally recognized provider of information-security services. SecureWorks' industry leading Security-as-a-Service solutions include Managed-Security Services, Security and Risk Consulting...
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Piper Jaffray Says Apple Top Pick For 2011 (AAPL)
Tuesday, January 4, 2011 - 8:52am | 163Piper Jaffray says that Apple (NASDAQ: AAPL) is a top internet pick for 2011. It has an Overweight rating and a $438 price target on shares. In the research note, Piper Jaffray writes, "We highlight AAPL shares as one of our top picks given our belief that investor concern over a sharp decline in...
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Verizon iPhone Next Month? (AAPL, VZ)
Tuesday, January 4, 2011 - 8:47am | 85A tweet from 9to5Mac says that a Verizon (NYSE: VZ) version of the Apple (NASDAQ: AAPL) iPhone could come in February 2011, and be announced on January 11, 2011, which is 1.11.11. If this is true, it's much sooner than most of us expected an announcement for the phone. I guess we'll just have to...
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Deutsche Bank Raises Apple PT to $410; Citing Demand
Tuesday, January 4, 2011 - 8:26am | 240Following channel checks over the holidays Deutsche Bank raised Apple (NASDAQ: AAPL) est's to reflect better than anticipated iPad and Mac demand, no pause in iPhone demand ahead of the expected Verizon announcement, and favorable input costs. DB's iPhone estimate increases from 55M to 60M in 2011...
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Deutsche Bank Raises PT On Apple
Tuesday, January 4, 2011 - 8:04am | 27Deutsche Bank has raised the price target on Apple, Inc. (NASDAQ: AAPL) from $375 to $410 and maintains its Buy rating.
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iPhone On Verizon: The Plot Thickens
Monday, January 3, 2011 - 4:55pm | 372For well over a year, rumors have indicated that the iPhone – currently exclusive to AT&T (NYSE: T) – will soon come to Verizon (NYSE: VZ). But while most of those rumors proved to be nothing more than wishful thinking, there is mounting evidence that Verizon and Apple (NASDAQ: AAPL) will...
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Tech Crunch: iPad Not A Kindle Killer (AAPL, AMZN)
Monday, January 3, 2011 - 4:31pm | 68Just reiterating what everyone already knows, Tech Crunch did a survey showing that the Apple (NASDAQ: AAPL) iPad isn't a Kindle killer. The Kindle is made by Amazon.com (NASDAQ: AMZN). The Kindle appears to the lucrative bookwarm market, while the iPad appeals to everyone.
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Could Verizon Steal Apple's Thunder? (AAPL, VZ)
Monday, January 3, 2011 - 4:05pm | 170It's not a secret anymore that Verizon (NYSE: VZ) is getting Apple's (NASDAQ: AAPL) iPhone sometime this year, probably early in 2011. What is not known as of right now is whether Verizon will steal Apple's thunder and announce the deal at the Consumer Electronics Show this week. CEO Ivan...
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Apple To Expand Chip Line Up
Monday, January 3, 2011 - 3:27pm | 66Apple (NASDAQ: AAPL) is seeking to expand its CPU design group beyond the company's A4 in its iPad, reports Apple Insider. The company uses the A4 chips in the iPad, iPhone 4, the new iPod touch, and the revised Apple TV.
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Monday's Mid-day Options Volume Leaders (BAC, C, AAPL, JPM, F)
Monday, January 3, 2011 - 12:50pm | 1312011 is off to a bang with the S&P 500 (CBOE: SPX) trading higher by 17.40 points, at $1,275.04. It should be noted that the last time the SPX traded more than 1% higher the first day of the year, the next 3-weeks brought an average downdraft of -0.1% to -10.6%. Here are your mid-day options...