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IBM Develops South Korea's First Renewable Energy Management System
Thursday, November 4, 2010 - 11:02am | 71IBM (NYSE: IBM) today announced its collaboration with POSCO ICT to develop South Korea's first renewable energy management system for a smart grid. As part of South Korea's national Smart Grid initiative to achieve the vision of "Low carbon, Green growth," the intelligent renewable energy...
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IBM and Shanghai Electric Power to Pilot New Smart Grid
Thursday, November 4, 2010 - 11:01am | 70IBM (NYSE: IBM) today announced that it has developed a new technology, now piloted with Shanghai Power, to help energy companies manage power outages more effectively while improving productivity. Developed for the energy industry by IBM Research, the technology can upgrade and transform a power...
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Julian Robertson Says Apple Reasonably Valued (AAPL)
Thursday, November 4, 2010 - 10:51am | 93Julian Robertson said that Apple Inc. (NASDAQ: AAPL) is reasonably valued, especially with an 18 times forward earnings. Robertson believes a 25 to 30 multiple on Apple is not unreasonable, as he called it "the greatest company" in the world. A 25-30 multiple would give Apple a share price...
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Robert W. Baird Initiates Outperform on Apple
Thursday, November 4, 2010 - 10:34am | 21Robert W. Baird initiates Outperform on Apple (NASDAQ: AAPL) with a $410 price target.
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J.P. Morgan Changes DBD, PLT and ID Ratings
Thursday, November 4, 2010 - 10:29am | 72J.P. Morgan has announced a few rating adjustments today. They are: Diebold, Incorporated (NYSE: DBD) Downgrading to Underweight on Valuation Downgrade To: Underweight Previous Rating: Neutral Plantronics Inc (NYSE: PLT) Downgrade To: Neutral Previous Rating: Overweight L-1 Identity Solutions (NYSE...
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IBM Awarded $1.4M Deal in Romania
Wednesday, November 3, 2010 - 12:21pm | 67IBM (NYSE: IBM) today announced it has been selected as the infrastructure provider for six Romanian organizations partnering on the Romania's National Computing Initiative (RoGrid), aimed at supporting scientific projects of national importance. RoGrid selected IBM servers and storage in deals...
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IBM Outlines Vision of More Intuitive Internet
Wednesday, November 3, 2010 - 11:49am | 435An IBM-led team (NYSE: IBM) of researchers has mapped out a smarter, more intuitive version of the Internet - one you can assign tasks to make your life easier, such as ordering taxis, managing social engagements or even paying bills. The research was released today at the 20th annual CASCON, a...
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Wednesday's Mid-day Options Volume leaders (C, MGM, F, LVS, AAPL)
Wednesday, November 3, 2010 - 11:31am | 127The overall market is tilting into the red this morning ahead of the FOMC meeting rate release. Currently, the S&P 500 (CBOE: SPX) is trading at $1,189.79, off by 3.79 points. Note that the CBOE Volatility Index (CBOE: VIX) is higher by 1.25%, registering 21.84. Here are your mid-day options...
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Stock Market News for November 3, 2010 - Market News
Wednesday, November 3, 2010 - 10:00am | 1144Stocks advanced broadly on Tuesday as investors turned their focus toward the results of mid-term elections and a two-day Federal Reserve meeting that is expected to unveil more measures to revive the economy. The advance sent the Dow average to its highest close in more than six months as most of...
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Unconfirmed Rumor that Apple Inc. (AAPL) has agreed to acquire VirnetX Holding Corp (VHC) at $37.00 a share
Wednesday, November 3, 2010 - 9:41am | 31Unconfirmed Rumor that Apple Inc. (AAPL) has agreed to acquire VirnetX Holding Corp (VHC) at $37.00 a share..
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Apple Has 95% of Tablet Market: Strategy Analytics
Wednesday, November 3, 2010 - 8:47am | 242Apple (Nasdaq: AAPL) controlled 95% of the emerging market for tablet computers with its iPads in the July-to-September quarter, research firm Strategy Analytics (AMEX: SA) said on Tuesday. The competition in the market is, however, tightening fast with handset vendors and PC makers moving into the...
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Brean Murray Has $16 Target On Dell (DELL)
Wednesday, November 3, 2010 - 6:58am | 129Brean Murray Carret & Co. has a $16 price target and a Buy rating on Dell (NASDAQ: DELL), as the computer company acquired a cloud computing company yesterday. In the research note sent to clients, Brean Murray writes, "Yesterday Dell announced its intention to acquire Boomi, a software-as-a...
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Fast Money Picks For November 3rd (HD, CLX, CVS, AAPL, KOL)
Tuesday, November 2, 2010 - 7:13pm | 213On CNBC's Fast Money, Brian Kelly said that he likes The Home Depot, Inc. (NYSE: HD), and he wants to buy it tomorrow. The Home Depot, Inc. (HD) gained 2.61%, and closed at $31.51 today. Steve Cortes wants to buy The Clorox Company (NYSE: CLX) on Wednesday. The Clorox Company (CLX) fell 4.21%, and...
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Impressive 3Q for Stratasys - Analyst Blog
Tuesday, November 2, 2010 - 4:03pm | 601Stratasys Inc. (SSYS) reported third quarter 2010 earnings per share of 15 cents, 3 cents above the Zacks Consensus Estimate of 12 cents per share. Revenue Stratasys reported third quarter 2010 revenue of $30.3 million, up 24.0% from $24.3 million reported in the year-ago quarter. Growth in...
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Tech Including Amazon, Apple Showing Strength (AMZN, AAPL)
Tuesday, November 2, 2010 - 3:45pm | 122Technology stocks are moving higher today, led by Apple Inc. (NASDAQ: AAPL) and Amazon (NASDAQ: AMZN). This is important for the consumer, especially during the holiday season, as these two names are thrown out most often during the Christmas shopping. Amazon is the primary beneficiary in this...