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It Is Not How They Open, It Is How They Close
Thursday, August 11, 2011 - 10:17am | 395Nearly every trading session after July 21, 2011 the major stock market indexes have sold off into the close. The major stock indexes have not had a two day winning streak since July 21, 2011 when the S&P 500 traded as high as 1345.00. There have been only two trading sessions since July 21,...
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Apple (AAPL) Passes Exxon Mobil (XOM) as Most Valuable U.S. Company
Thursday, August 11, 2011 - 8:20am | 596While Apple (AAPL) flirted with passing Exxon Mobil (XOM) as the country's most valuable company earlier this year, the selloff the past few weeks has seen Apple's stock hold up relatively better - especially in the past few days - and as of yesterday's close we have a new market cap leader. While...
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Goldman Sachs Initiates Coverage On Teradata Corporation
Thursday, August 11, 2011 - 8:07am | 138Goldman Sachs is out with a research report on Teradata Corporation (NYSE: TDC) and is initiating coverage with a Neutral rating and a $55 price target on shares. In a note to clients, Goldman Sachs writes, "We are initiating coverage of Teradata with a Neutral rating and a 12- month price target...
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Benzinga's Top Pre-Market Gainers
Thursday, August 11, 2011 - 7:42am | 140Cisco Systems Inc (NASDAQ: CSCO) rose 12.31% to $15.42 in the pre-market session. CSCO reported upbeat quarterly results. Micron Technology Inc (NASDAQ: MU) added 3.50% to $5.92 in the pre-market session. Intel Corporation (NASDAQ: INTC) and Micron Technology received the Most Innovative Flash...
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Goldman Sachs Initiates Teradata At Neutral, $55 PT
Thursday, August 11, 2011 - 6:26am | 25Goldman Sachs has initiated coverage on Teradata Corporation (NYSE: TDC) with a Neutral rating and $55 price target.
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Tablet Thursday: Top 5 Contenders You Should Know About
Thursday, August 11, 2011 - 5:59am | 478Avid technology market watchers are increasingly paying attention to the developing tablet computer market, as overall unit sales have increased more than 100% year-over-year. Here on tablet Thursday, we're going to point out 5 of the leading tablets on the market today. Keep in mind that many of...
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Top 4 Stocks In The Diversified Computer Systems Industry With The Highest Cash
Thursday, August 11, 2011 - 4:10am | 132Below are the top diversified computer systems stocks on the NYSE and the NASDAQ in terms of cash. Hewlett-Packard Company (NYSE: HPQ) had $12.74 billion in total cash and $22.98 billion in total debt for the latest quarter. International Business Machines Corp (NYSE: IBM) had $11.79 billion in...
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Fast Money Picks For August 11th (AAPL, GLD, IBM, DIS, FXY)
Wednesday, August 10, 2011 - 7:30pm | 222On CNBC's Fast Money, JJ Kinahan said that he would sell puts in Apple (NASDAQ: AAPL). He thinks that $300 strike would be a good choice. Apple (AAPL) fell 2.76% today, and closed at $363.69. Dan Nathan wants to collar SPDR Gold Trust (ETF) (NYSE: GLD) long positions. SPDR Gold Trust (ETF) (NYSE:...
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Warren Buffett Said Ignore Political and Economic Forecasts
Wednesday, August 10, 2011 - 4:54pm | 3725There's certainly no shortage of pundits, prognosticators and even self-proclaimed prophets ready and willing to bombard us with dire forecasts about our future. We get a day in the market like Monday, August 8, 2011, and "Chicken Little" shows up everywhere to include radio, television,...
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We Will All Live In The Cloud
Wednesday, August 10, 2011 - 2:49pm | 487Get your head in the clouds, and it could be very profitable. Amazon.com (NASDAQ: AMZN) announced this morning that it would be launching a web-based version of its Kindle, the Kindle Cloud Reader. If you use Chrome or Safari on Mac, PC, Linux and Chromebook, you can access your Kindle e-book...
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Wednesday's Mid-Day Options Volume Leaders
Wednesday, August 10, 2011 - 12:00pm | 84Here are today's mid-day options volume leaders… 1. Bank of America (NYSE: BAC) 172,027 contracts, 48.8% calls, 51.2% puts 2. Apple Inc. (NASDAQ: AAPL) 94,267 contracts, 58.3% calls, 41.7% puts 3. Citigroup Inc. (NYSE: C) 72,397 contracts, 42.1% calls, 57.9% puts 4. JP Morgan Chase (NYSE: JPM) 62,...
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Apple Suing Motorola over Xoom
Wednesday, August 10, 2011 - 11:44am | 63Apple's (NASDAQ: AAPL) lawsuit against Samsung (SSNLF), which led to an injunction blocking the sale of the Galaxy Tab 10.1 in most of the EU, also included a section indicating that Apple is suing Motorola (NYSE: MMI) over the Xoom tablet.
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Auriga Maintains Buy on Dell
Wednesday, August 10, 2011 - 9:23am | 136Auriga is out with its report today on Dell (NASDAQ: DELL), maintaining Buy. In its report, Auriga writes, "We continue to believe Dell can grow its top-line roughly in-line with overall IT spending as it transforms itself into a full-service enterprise vendor over the next several years. The real...
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Sterne Agee Reiterates Buy on Apple
Wednesday, August 10, 2011 - 9:01am | 90Sterne Agee is out with its report today on Apple (NASDAQ: AAPL), reiterating Buy. In its report, Sterne Agee writes, "We continue to believe that AAPL is positioned to outperform in this tough macroeconomic environment with its defendable strategic and structural advantages and its vertical...
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News Summary for August 10, 2011
Wednesday, August 10, 2011 - 7:51am | 609This is your Benzinga news summary and traders' outlook for Wednesday, August 10, 2011, covering headlines from overnight and Wednesday's pre-market session. Today in domestic pre-market trading, U.S. equity futures are trading lower as traders take profits after a 400 point rally in the Dow...