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Research in Motion (RIMM) Bears Active as Stock Rallies
Thursday, November 11, 2010 - 1:52pm | 1613Research in Motion (NASDAQ:RIMM) showed pronounced strength on Wednesday amid reports that the BlackBerry company's PlayBook tablet (designed to compete with the iPad) would be out early next year. What's more, its price point is rumored to be below $500, which potentially makes it more attractive...
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Lifted Off The Lows Buy Commodity Plays
Thursday, November 11, 2010 - 1:31pm | 374The markets were shocked by the earnings report from Cisco Systems, Inc. (NASDAQ: CSCO). After an initial gap down, the markets floated off their lows and may be headed for the flat line. While technology is weaker, some stocks are still very strong and trying to carry the markets up. Baidu.com,...
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Afternoon Market Update (DELL, RSH, SPLS, ODP)
Thursday, November 11, 2010 - 1:06pm | 174Shares of Dell Inc (NASDAQ: DELL) dropped as the company is all set to report its quarterly results next week. Dell shares have fallen by 7.06% in the past 52 weeks. Shares of Dell are down about 5%. Natural gas futures remained steady after the Energy Information Administration supply (EIA) report...
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Nearly 400 Clients Switch to IBM from Oracle/Sun and HP in Q3
Thursday, November 11, 2010 - 1:03pm | 69IBM (NYSE: IBM) today announced that nearly 400 customers moved critical business workloads to IBM servers and storage systems from Oracle/Sun (NASDAQ: ORCL) and HP (NYSE: HPQ) in the third quarter, a record high since the company began tracking migrations more than four years ago.
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Thursday's Mid-day Options Volume Leaders (CSCO, MGM, AAPL, BAC, C)
Thursday, November 11, 2010 - 12:36pm | 112The overall market is stomaching Cisco Systems' lackluster guidance this morning, pushing the averages lower. Currently, the S&P 500 (CBOE: SPX) is trading at $1,208.54, off by 10.17 points. Here are your mid-day options volume leaders… 1. Cisco Systems (NASDAQ: CSCO) 733,855 contracts, 64.4%...
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Zacks Analyst Blog Highlights: Cisco Systems, Apple, Google, Merge Healthcare and Allscripts Healthcare - Press Releases
Thursday, November 11, 2010 - 11:33am | 1678For Immediate Release Chicago, IL – November 11, 2010 – Zacks.com Analyst Blog features: Cisco Systems (CSCO), Apple, Inc. (AAPL), Google, Inc. (GOOG), Merge Healthcare (MRGE) and Allscripts Healthcare (MDRX). Get the most recent insight from Zacks Equity Research with the free Profit from the Pros...
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Hewlett-Packard Settles Lawsuit - Analyst Blog
Thursday, November 11, 2010 - 11:03am | 406Computing major Hewlett-Packard & Co. (HPQ) recently settled a lawsuit related to fraudulent action by its contractors and officials. The Department of Justice (DOJ) and the Federal Communications Commission (FCC) alleged that HP violated competitive bidding rules with the Houston and Dallas...
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Dow Plunges Early On Cisco, European Worries (DJIA, CSCO, INTC, DELL)
Thursday, November 11, 2010 - 11:02am | 134The Dow Jones Industrial Average (DJIA) is down 110 points, or 0.95%, to 11,246 in early trading Thursday. Cisco (NASDAQ: CSCO) is leading the market lower after the networking company reported a profit after the close Thursday that topped expectations, but gave a tepid revenue outlook. It's shares...
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Company News for November 11, 2010 - Corporate Summary
Thursday, November 11, 2010 - 10:36am | 888• Wal-Mart (NYSE: WMT) said it will offer free shipping on its website through December 20 • Research In Motion (NASDAQ: RIMM) said it will offer its BlackBerry PlayBook tablet computer for less than $500, a move likely to undercut prices for Apple's (NASDAQ: AAPL) winning iPad • Cisco (NASDAQ:...
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IBM Completes Netezza Acquisition
Thursday, November 11, 2010 - 10:06am | 57IBM (NYSE: IBM) today announced the closing of its acquisition of Netezza Corporation. Netezza will expand IBM's business analytics initiatives to help clients gain faster insights into their business information, with increased performance at a lower cost of ownership. IBM announced a definitive...
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The iPhone Kills the Business Card
Thursday, November 11, 2010 - 9:29am | 316If you want to do the business networking thing right, you'd better know who you met and when. Thank heavens keeping those pesky contacts straight is getting easier with a new generation of smartphone business card reader apps that turn your Apple (Nasdaq: AAPL) iPhone, Google (Nasdaq: GOOG)...
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Mad Money Lightning Round: Cramer Reiterates Buy On KKR Financial Holdings (GMCR, OVTI, AAPL, PFE, ABT, KFN, MOT, GOOG)
Thursday, November 11, 2010 - 4:57am | 220On CNBC's Mad Money, Jim Cramer said during the Lightning Round that he is worried about Green Mountain Coffee Roasters (NASDAQ: GMCR). He added, “I'm not a fan. I don't need the accounting questions. I regard it as questionable." For OmniVision Technologies (NASDAQ: OVTI), he said, "Their chips...
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Stocks Going Ex Dividend the Fourth Week of November
Wednesday, November 10, 2010 - 10:34pm | 698Here is our latest update on the stock trading technique called 'Buying Dividends'. This is the process of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to the dividend. This technique generally works only...
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Cisco Slips on Earnings, Revs - Analyst Blog
Wednesday, November 10, 2010 - 6:03pm | 429Networking gear giant Cisco Systems (CSCO) reported fiscal 1st quarter 2011 earnings after the bell Wednesday, missing the Zacks Consensus Estimates slightly on both the top and bottom lines. Cisco brought in $10.75 billion in revenues in the quarter, below the $10.76 billion expected, and the...
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Netezza and IISi Announce Settlement of Litigation
Wednesday, November 10, 2010 - 5:10pm | 99Netezza Corporation (NYSE: NZ) and Intelligent Integration Systems, Inc. (IISi) today announced an agreement to settle all claims involved in the on-going litigation between the companies. Under the settlement agreement, which became effective today, Netezza will have ownership of all products and...