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Apple's iOS 4.2 Reported To Go Live at 1 PM EST (AAPL)
Monday, November 22, 2010 - 1:45pm | 146Apple (NASDAQ: AAPL) is releasing their iOS 4.2 today, adding many new features to the iPad and the iPhone. Multitasking, folders, and a unified in-box and game center, all features previously available on the iPhone, will now be accessible for the iPad according to All Things Digital. ATD's John...
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Market Roundup (AFFY, HPQ, MCO, FUL)
Monday, November 22, 2010 - 1:39pm | 284Shares of Affymax Inc (NASDAQ: AFFY) surged about 9.4% after analysts at WB Securities initiated coverage of AFFY with a “buy” rating. Shares of Affymax have gained 10.45% over the past month. Shares of Hewlett-Packard Company (NYSE: HPQ) lost about 0.4% as the company is all set to report its Q4...
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EMC to Acquire Isilon Systems - Analyst Blog
Monday, November 22, 2010 - 1:12pm | 844A leading provider of data storage systems, EMC Corp. (EMC) announced the commencement of a cash tender offer to acquire storage systems vendor Isilon Systems Inc. (ISLN). The acquisition will facilitate EMC Corp. to tap the surging demand for data storage technology. The purchase price is...
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Monday's Mid-Day Options Volume Leaders (BAC, C, AAPL, F, NFLX)
Monday, November 22, 2010 - 12:25pm | 113The overall market is weak this morning, though volume (not surprising for a holiday week) is extremely light. Nonetheless, down volume on the NYSE is eclipsing up volume by 2.78x. Here are your mid-day options volume leaders… 1. Bank of America (NYSE: BAC) 110,800 contracts, 74.5% calls, 45.5%...
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Dell Services Signs Five-Year Contract With The Carlyle Group
Monday, November 22, 2010 - 12:23pm | 73Dell Services (NASDAQ: DELL) today announced it has signed a five-year contract with global alternative asset manager The Carlyle Group to provide hosting and support for Oracle PeopleSoft Enterprise and Hyperion Performance Management applications. Dell Services support will enable The Carlyle...
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Bulls and Bears Battle for Research in Motion (NASDAQ:RIMM)
Monday, November 22, 2010 - 12:21pm | 1996Research in Motion Limited (NASDAQ:RIMM) has earned some interesting and enigmatic reviews over the past few days. On the bullish front, Goldman Sachs increased its fiscal year 2012 and 2013 earnings estimates for the BlackBerry parent. The brokerage believes increased sales of tablet-style...
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Westpac Selects IBM Technology Services Under Five-Year Contract
Monday, November 22, 2010 - 12:01pm | 57IBM (NYSE: IBM) today announced the signing of a new five-year infrastructure services agreement with The Westpac Group, which marks a key step in Westpac's technology transformation program. The new contract builds on the stability and efficiency gains of the landmark outsourcing agreement...
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Zacks Earnings Preview: Hewlett Packard, Analog Devices, Medtronic, Campbell Soup and Deere - Press Releases
Monday, November 22, 2010 - 11:30am | 1245For Immediate Release Chicago, IL – November 22, 2010 – Zacks.com releases the list of companies likely to issue earnings surprises. This week's list includes: Hewlett Packard (HPQ), Analog Devices (ADI), Medtronic (MDT), Campbell Soup (CPB) and Deere (DE). To see more earnings analysis, visit http...
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Unconfirmed Rumors circulate that International Business Machines Corp. (IBM) will acquire Akamai Technologies Inc. (AKAM) at $70 plus a share..
Monday, November 22, 2010 - 10:46am | 40Unconfirmed Rumors circulate that International Business Machines Corp. (IBM) will acquire Akamai Technologies Inc. (AKAM) at $70 plus a share..Neither company could be reached for comment
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IBM Awarded Contract from Russian Pharmaceutical Company PROTEK
Monday, November 22, 2010 - 10:29am | 59IBM (NYSE: IBM) today announced that Russian pharmaceutical distributor PROTEK has switched to IBM POWER7 systems for its data processing center. The new systems from IBM replace the previous servers from HP, enabling PROTEK to improve the performance of critical business applications while...
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Stock Market News for November 22, 2010 - Market News
Monday, November 22, 2010 - 10:00am | 989U.S. stocks closed with modest gains Friday as investors digested a week of volatile trading that was characterized by Ireland's debt woes and worries about Chinese growth. The blue-chip Dow average, after trading much of the session in the negative territory, closed the day with a slight gain....
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Hewlett-Packard Upgraded to Outperform at Wedbush
Monday, November 22, 2010 - 9:54am | 26Hewlett-Packard (NYSE: HPQ) is upgraded from Neutral to Outperform at Wedbush. The price target is raised from $46 to $50.
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Fitch Ratings Downgrade Nokia - Analyst Blog
Monday, November 22, 2010 - 9:45am | 781Nokia Corp. (NOK), the struggling mobile phone manufacturer, has recently received a major blow as the rating firm Fitch Ratings has downgraded its debt rating and provided a negative outlook. Fitch downgraded Nokia's long-term Issuer Default Rating (IDR) and senior unsecured rating by one notch...
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Week in Preview: Tyson Foods, Analog Devices, Deere Serve Up Earnings
Monday, November 22, 2010 - 8:59am | 559Among the quarterly results scheduled for this holiday-shortened week, investors may be thankful for the earnings results from Tyson Foods (NYSE: TSN). The Arkansas-based poultry and meat producer reported on its sustainability efforts and also was named McDonalds' (NYSE: MCD) supplier of the year...
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US Stock Futures Signal Higher Start On Wall Street
Monday, November 22, 2010 - 7:34am | 270US stock futures are higher, this morning as Ireland formally applied for financial aid from the European Union (EU) and International Monetary Fund (IMF) for resolving its banking and budget crisis. Futures on the Dow Jones Industrial Average surged 28 points to 11,207, while S&P 500 futures...