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Benzinga's Top Pre-Market Losers
Wednesday, August 10, 2011 - 7:44am | 144Micron Technology Inc (NASDAQ: MU) dipped 3.07% to $6.00 in the pre-market session. MU shares have dropped 14.86% over the past 52 weeks, while the S&P 500 index has gained 4.59% in the same period. Carnival Corporation (NYSE: CCL) lost 2.48% to $31.05 in the pre-market session. CCL shares...
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Nokia to Ditch Low-End Phones, Goes All In on Windows
Wednesday, August 10, 2011 - 7:11am | 314Finland-based phone maker Nokia (NYSE: NOK) plans to stop selling low-end phones and Symbian-based smartphones in North America, as the company goes all-in on Microsoft's (NASDAQ: MSFT) newest mobile Windows software. In interview with AllThingsD this week, the head of Nokia's U.S. subsidiary,...
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Hagens Berman Files Class-Action Lawsuit Against Apple and Publishers
Tuesday, August 9, 2011 - 6:42pm | 877Hagens Berman, today announced it has filed a nationwide class-action lawsuit claiming that Apple (NASDAQ: AAPL) and five of the nation's top publishers, including HarperCollins Publishers, a subsidiary of News Corporation (NASDAQ: NWSA), Hachette Book Group, Macmillan Publishers, Penguin Group, a...
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You Scream, I Scream, We All Scream For Ice Cream
Tuesday, August 9, 2011 - 3:28pm | 118Google (NASDAQ: GOOG) needs to stop making its operating systems sound so delicious. According to Boy Genius Report, the first Ice Cream Sandwich devices could launch in October, to compete with the launch of the Apple (NASDAQ: AAPL) iPhone 5. Boy Genius has received information from a source...
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Could Sprint Get The New iPhone?
Tuesday, August 9, 2011 - 3:18pm | 144It could, if you believe research from BTIG. In a note from Boy Genius Report, BTIG is upgrading shares of Sprint (NYSE: S) from Sell to Neutral, but did not have a price target on shares. Analyst Walter Piecyk mentioned that the company is trading under five times BTIG's 2012 earnings estimate...
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Apple Gets Injunction to Block Samsung Galaxy Tab 10.1 in Most of EU
Tuesday, August 9, 2011 - 1:25pm | 68German news agency dpa reports that Apple (NASDAQ: AAPL) has been granted a preliminary injunction against Samsung (SSNLF) to halt sales of the Android-based Galaxy Tab 10.1 in all of the European Union with the exception of the Netherlands. Apple alleges that the Galaxy Tab infringes on various...
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Major Pops In Large And Small Cap Stocks
Tuesday, August 9, 2011 - 1:08pm | 184The markets are sharply higher as they get an oversold bounce ahead of the FOMC Policy Statement. In the last two weeks, the markets have dumped over 15%. Everything from major market leaders like Caterpillar Inc. (NYSE: CAT) and Apple Inc. (NASDAQ: AAPL) to small cap runners like OXiGENE, Inc. (...
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Not Exactly Optimum From Cablevision
Tuesday, August 9, 2011 - 12:50pm | 575Not exactly an "optimum" quarter for Cablevision Systems (NYSE: CVC), was it? The Bethpage, N.Y.-based company reported earnings of 31 cents per share on $1.69 billion in revenues. Wall Street expectations had been for 42 cents per share on $1.87 billion in revenues. Cablevision President and...
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Tuesday's Mid-Day Options Volume Leaders
Tuesday, August 9, 2011 - 12:42pm | 84Here are today's mid-day options volume leaders… 1. Bank of America (NYSE: BAC) 344,930 contracts, 49.8% calls, 50.2% puts 2. Citigroup Inc. (NYSE: C) 244,700 contracts, 46.8% calls, 53.2% puts 3. Apple Inc. (NASDAQ: AAPL) 195,542 contracts, 60.9% calls, 39.1% puts 4. Microsoft Corp. (NASDAQ: MSFT...
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Skype's Turn for a Bad Day?
Tuesday, August 9, 2011 - 8:21am | 209While yesterday was a bad day for FaceTime, today might not be the best for Skype. Talkatone, a company that claims to provide “real-time communication freedom” by delivering free calls, text and real-time location sharing on a host of Apple (NASDAQ: AAPL) iDevices, is now best friends with...
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Forrester Says iPad Rivals Must Slash Prices to Compete
Tuesday, August 9, 2011 - 6:27am | 288The onslaught of competitors to Apple's (NASDAQ: APPL) iPad has been nothing short of stunning, as thousands of manufacturers, software developers, and entrepreneurs have rushed to innovate. The manufacturing rivals would best be suited to target Europe, however, if a new report by IT research...
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Dan Nathan's Apple (AAPL) Trade
Monday, August 8, 2011 - 7:00pm | 117On CNBC's Options Action, Dan Nathan suggested an options strategy in Apple (NASDAQ: AAPL). He explained that this stock is on everyone's buying list, and there are some catalysts people are looking at. One of those is iPhone 5. Dan Nathan wants to buy a call spread in Apple (AAPL). He wants to...
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Tech Stocks Tank on Economic Crisis, S&P Downgrade
Monday, August 8, 2011 - 3:37pm | 831I'll bet Facebook and Zynga are glad they haven't gone public yet. LinkedIn (NYSE: LNKD) is among the many tech companies taking significant losses following today's unparalleled crisis. As of this writing, the popular social networking has been hit by an 18% decline. Granted, LinkedIn was...
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Apple Helping U.S. Schools With Cheaper Macs
Monday, August 8, 2011 - 3:06pm | 113Apple (NASDAQ: AAPL) has never been a company to shy away from good publicity, and is doing it again today. According to Boy Genius Report, Apple has a new computer targeted for education, priced at $999. The new iMac has a 21.5-inch display, and comes with a 3.1GHz Intel Core i3 dual-core...
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1,700 Ways To Say I Love You
Monday, August 8, 2011 - 1:35pm | 771If you loved gold at $1,600 an ounce, you have to love it at $1,700 an ounce. This morning, gold crossed the $1,700 level and it looks as if there is no stopping the precious metal, after S&P downgraded U.S. debt amongst fiscal problems, and continued problems in Europe. Gold is a run away...