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Gerard Kleisterlee Appointed to Dell Board
Wednesday, December 8, 2010 - 5:51pm | 48Dell (NASDAQ: DELL) announced today that Gerard Kleisterlee, president and CEO of Royal Philips Electronics, has been appointed to the company's board of directors. Mr. Kleisterlee, 64, joins the board immediately and will stand for election at Dell's next shareholder meeting.
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Apple Punching Higher To High Of Day
Wednesday, December 8, 2010 - 4:19pm | 95Shares of Apple Inc. (NASDAQ: AAPL) have punched through negative territory, and are now up nearly 1%, as it continues to move higher. Apple has been consolidating recently, trading in a tight range, and as the end of the year comes and money managers look to add names to their portfolios to show...
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Gene Munster: “Amazon Has Taken Over The World Of Retail” (AMZN)
Wednesday, December 8, 2010 - 4:12pm | 296In the battle of Amazon (NASDAQ: AMZN) vs. eBay (NASDAQ: EBAY), Piper Jaffray's Managing Director and Senior Research Analyst, Gene Munster, is betting on Amazon. “Amazon's gonna win,” Munster told Benzinga during a recent interview, noting that his firm recently downgraded eBay because the auction...
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Gene Munster On The Potential Of The iTunes TV Pass (AAPL)
Wednesday, December 8, 2010 - 4:05pm | 276iTunes TV Pass does not exist…yet. But if Gene Munster's prediction is accurate, we could one day have access to a new Apple Inc. (NASDAQ: AAPL) service that would have the potential to do for television what the standard iTunes did for music. “[The] one thing that doesn't get talked about is North...
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Bon-Ton's November Sales Up - Analyst Blog
Wednesday, December 8, 2010 - 4:03pm | 409The Bon-Ton Stores Inc. (BONT) reported total sales of $319.1 million for the month of November 2010, which was 2.7% higher than $310.8 million in the year-ago quarter. The company's comparable store sales grew 2.9% for the month. The upside in revenues was driven by strong Black Friday sales and...
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Bon-Ton's November Sales Up - Analyst Blog
Wednesday, December 8, 2010 - 3:44pm | 409The Bon-Ton Stores Inc. (BONT) reported total sales of $319.1 million for the month of November 2010, which was 2.7% higher than $310.8 million in the year-ago quarter. The company's comparable store sales grew 2.9% for the month. The upside in revenues was driven by strong Black Friday sales and...
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Silicon Valley 100
Wednesday, December 8, 2010 - 2:56pm | 81BusinessInsider's "Silicon Valley 100" was released today. Some of the notable names on the list are Apple's (NASDAQ: AAPL) Steve Jobs, Yahoo's (NASDAQ: YHOO) Carol Bartz, Elon Musk of Tesla (NASDAQ: TSLA), Mark Zuckerberg and Meg Whitman.
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Wednesday Worries – Ireland “Fixed” – Who's Next?
Wednesday, December 8, 2010 - 1:36pm | 3300Courtesy of Phil at Phil's Stock World So many things are pissing me off today. I got my political outrage out of the way in my earlier post: "Thanks for the Gas Money, Mr. President," so we don't need to talk about that again. Ireland, as of 7:45, has not actually voted to...
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Wednesday's Mid-Day Options Volume Leaders (C, AAPL, BAC, F, OREX)
Wednesday, December 8, 2010 - 12:16pm | 121The market is battling around the unchanged level this morning; it is unclear whether the Santa Claus rally continues or if the bears will gain control. Currently, the S&P 500 (CBOE: SPX) is trading at $1,223.62, off by 0.13 points. Here are your mid-day options volume leaders… 1. Citigroup (...
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Avid Technology Upgraded To Overweight By JP Morgan
Wednesday, December 8, 2010 - 10:03am | 147JP Morgan has published a research report on Avid Technology (NASDAQ: AVID) and has upgraded the company to Overweight. In the report, JP Morgan writes "Following AVID's analyst day, meetings with management yesterday, and data points supporting continued global strength in box office revenues and...
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Benzinga's Top Pre-Market NASDAQ Gainers (OREX, VVUS, RYAAY, AAPL)
Wednesday, December 8, 2010 - 9:19am | 126Orexigen Therapeutics Inc (NASDAQ: OREX) rose 148.74% to $11.84 in the pre-market session. A Food and Drug Administration (FDA) panel has recommended the approval of OREX' weight loss drug Contrave. VIVUS Inc (NASDAQ: VVUS) added 17.56% to $9.17 in pre-market trading. VVUS reported positive outcome...
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J.P. Morgan Raises Avid Rating To Overweight; PT Goes To $21
Wednesday, December 8, 2010 - 8:27am | 34J.P. Morgan has raised its rating on Avid Technology (NASDAQ: AVID) to Overweight and is raising its PT from $17.50 to $21. Avid Technology closed Tuesday at $17.15.
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Juniper Wraps Up Altor Acquisition - Analyst Blog
Tuesday, December 7, 2010 - 9:15pm | 434Leading networking infrastructure products and service provider Juniper Networks Inc. (JNPR) wrapped up its acquisition of virtualization security technology provider Altor Networks. The acquisition cost Juniper $95.0 million in cash. Founded in 2007, Altor Networks has evolved as one of the...
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Juniper Wraps Up Altor Acquisition - Analyst Blog
Tuesday, December 7, 2010 - 7:21pm | 434Leading networking infrastructure products and service provider Juniper Networks Inc. (JNPR) wrapped up its acquisition of virtualization security technology provider Altor Networks. The acquisition cost Juniper $95.0 million in cash. Founded in 2007, Altor Networks has evolved as one of the...
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CBS' David Poltrack Talks Apple TV Flaws, Hawaii Five-O's Online Success And More (VIA, AAPL, GOOG)
Tuesday, December 7, 2010 - 3:20pm | 394More than 10 million people tune into Hawaii Five-O each week. We know this because the show's viewers are reported weekly by Nielsen. But did you know that Hawaii Five-O gains another three million viewers online? “That's an incremental audience online,” said David Poltrack, the Chief Research...