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Reports Suggest Facebook Is Building New Phone Platform To Compete With Apple (AAPL)
Wednesday, October 27, 2010 - 1:29pm | 118Gawker is reporting that Facebook has created a secret bunker which is being used to develop a new phone platform, ostensibly to compete with Apple (NASDAQ: AAPL). According to Dan Frommer at Silicon Alley Insider, Facebook has acquired space for its phone development project in a secret building...
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iPad Available at Verizon Stores Tomorrow
Wednesday, October 27, 2010 - 11:04am | 29Apple (NASDAQ: AAPL) iPad will be available at Verizon (NYSE: VZ) stores tomorrow.
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Spain's Traffic Control Agency DGT Expands its Teradata System
Wednesday, October 27, 2010 - 10:04am | 78Teradata Corporation (NYSE: TDC) today announced that Direccion General de Trafico (DGT), Spain's governmental agency for national road traffic control, is upgrading its Teradata Enterprise Data Warehouse to extend the tactical decision-making to more front-line employees. This will provide the...
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Narrow Leadership
Wednesday, October 27, 2010 - 8:23am | 612Yesterday on CNBC David Faber and Gary Kaminsky did a bit about how five stocks have accounted for 27% of the S&P 500's performance this year. As I am in a Tivo-less environment I could not pause to get all five but two of them were Apple (AAPL) and Berkshire Hathaway. Kaminsky made a comment...
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Shell Dings BP...Again
Wednesday, October 27, 2010 - 8:17am | 260In Silicon Valley, the interesting spat to watch is Hewlett-Packard (NYSE: HPQ) and Oracle (Nasdaq: ORCL). Once gentle rivals who found their way into a profitable partnership, the two seem set for a schoolyard scrap. Well, the tech titans don't have much on Royal Dutch Shell (NYSE: RDS-A) and BP (...
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Ellison Fires A Shot At New HP CEO
Wednesday, October 27, 2010 - 12:55am | 232Larry Ellison, the founder and CEO of Oracle (Nasdaq: ORCL), the world's largest enterprise software maker, said he can prove that new Hewlett-Packard (NYSE: HPQ) CEO Leo Apotheker ran a scheme while he was CEO of SAP AG (NYSE: SAP) to steal software from Oracle. SAP has already admitted as much. A...
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Free iPad Engraving Starts Today
Tuesday, October 26, 2010 - 8:57pm | 237If you haven't bought me an Apple (AAPL) iPad yet for my Christmas present, that's OK. Because now you can have my name engraved on the back, for free. This free benefit starts today. It may take a little longer for the order and may hurt the resale value, but so what. A free benefit just in time...
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Super Micro Computer, Inc. Announces 1st Quarter Fiscal 2011 Financial Results: EPS of $0.17
Tuesday, October 26, 2010 - 4:34pm | 128Super Micro Computer, Inc. (NASDAQ: SMCI), a leader in application optimized, high performance server solutions, today announced first quarter fiscal 2011 financial results for the quarter ended September 30, 2010. Fiscal 1st Quarter Highlights * Quarterly net sales of $207.2 million, up 2.7%...
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Large-Cap Tech Roundup (ORCL, HPQ, GOOG, AAPL, MSFT, CSCO, QQQQ)
Tuesday, October 26, 2010 - 3:32pm | 125The PowerShares QQQ Trust ETF (NASDAQ: QQQQ), which tracks the performance of the Nasdaq 100, has gained 0.37% to $52.08 during Tuesday's trading session. Here are how some of the ETF's largest components are faring with around a half hour left until the closing bell. Oracle (NASDAQ: ORCL) -0.52...
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Benzinga's Worst Performing Industries (LXK, HPQ, BXS, ECL, CAJ, EK)
Tuesday, October 26, 2010 - 1:18pm | 234Computer based systems industry is the worst performing industry so far today. It dropped 14.09% in the first half of Tuesday's trading session as Lexmark International, Inc. (NYSE: LXK) is struggling. Lexmark (LXK) trades 19.72% lower on disappointing earnings results. Investors are not happy with...
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Apple Has Turned Positive (AAPL)
Tuesday, October 26, 2010 - 12:11pm | 64Shares of Apple (NASDAQ: AAPL) have turned positive on Tuesday's trading session. The stock has gained 0.14% to $309.27 after opening the day lower. Apple (AAPL) accounts for 20% of the Nasdaq 100, so the performance of the stock on a day to day basis has a significant impact on the major averages.
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Tuesday's Mid-day Options Volume Leaders (BAC, RIMM, F, C, AAPL)
Tuesday, October 26, 2010 - 12:09pm | 112The overall market has clawed its way back from early session losses and is now flat on the day; currently, the S&P 500 (CBOE: SPX) is trading at $1,185.61. Here are your mid-day options volume leaders… 1. Bank of America (NYSE: BAC) 294,664 contracts, 53.1% calls, 46.9% puts 2. Research in...
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Afternoon Market Update (NTRS, HBC, IBM, DAL, LCC, AMR)
Tuesday, October 26, 2010 - 12:07pm | 196Shares of Northern Trust Corp (NASDAQ: NTRS) gained about 4% after the UK's Daily Mail report. According to the report, HSBC Holdings Plc (NYSE: HBC) is likely to make an offer of $65 per share for NTRS. HSBC recently withdrew a plan of purchasing a stake in Nedbank Group. The board of directors of...
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Benzinga's Volume Movers (IIVI, SSYS, MIPS, DRIV)
Tuesday, October 26, 2010 - 11:39am | 156II-VI Incorporated (NASDAQ: IIVI) shares moved up 9.71% to $40.32 at 11:31 am. The volume of IIVI shares traded was 1111% higher than normal. IIVI reported upbeat Q1 results and issued better-than-expected guidance for Q2 and FY11. Stratasys Inc (NASDAQ: SSYS) shares rose 17.79% to $33.44. The...
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Corporate Insiders Cash Out
Tuesday, October 26, 2010 - 11:30am | 489By Josh Lipton The corporate insiders running our country's publicly traded companies have been heavily selling their stock, which some market pros say speaks volumes about the veracity of the current rally. The market has moved sharply higher since August 27, when Fed Chairman Ben Bernanke...