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4 High Debt Stocks to Avoid
Friday, August 5, 2011 - 2:58pm | 282In one swift day of catastrophic trading, the major stock indices erased all of their 2011 gains and foreshadowed a major turn for the worst in market sentiment. Uncertainty about eurozone instability, the rushed US debt-ceiling deal, and poor jobs indicators overall coalesced into massive investor...
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Government Sachs Says To Expect QE3
Friday, August 5, 2011 - 2:56pm | 894Jan Hatzius, the prestigious economist at Government, err Goldman Sachs (NYSE: GS) came out with a report this morning and told us to expect some kind of QE3 announcement when the Federal Reserve meets next week. This is from his note this morning, thanks to ZeroHedge: "We have lowered our...
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6 Tech Stocks to Buy for Big Profits in 2012
Friday, August 5, 2011 - 2:55pm | 282In one swift day of catastrophic trading, the major stock indices erased all of their 2011 gains and foreshadowed a major turn for the worst in market sentiment. Uncertainty about eurozone instability, the rushed US debt-ceiling deal, and poor jobs indicators overall coalesced into massive investor...
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If the "A" in Apple stands for "Awesome," What does the "S" in Sony stand for?
Friday, August 5, 2011 - 12:45pm | 908I'll give you a hint. It rhymes with cupid. Sony (NYSE: SNE) has not been having a good year. From quarterly losses to major hackings, the once-powerful electronics manufacturer is taking a beating in virtually every area in which it conducts business. Now, several months after toying with the...
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Friday's Mid-Day Options Volume Leaders
Friday, August 5, 2011 - 12:09pm | 84Here are today's mid-day options volume leaders… 1. Bank of America (NYSE: BAC) 279,274 contracts, 47.8% calls, 52.2% puts 2. Apple Inc. (NASDAQ: AAPL) 194,925 contracts, 61.2% calls, 38.8% puts 3. Citigroup Inc. (NYSE: C) 186,318 contracts, 52.3% calls, 47.7% puts 4. Freeport McMoran (NYSE: FCX)...
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Why Olli Rehn Is Now More Important Than Ben Bernanke
Friday, August 5, 2011 - 10:43am | 788Despite the better than expected jobs report this morning, stocks are plunging once as fears continue to abound out of Europe. The European Union as a whole is a bigger economy than the United States, and there is more uncertainty about what is ultimately going to happen in Europe than ever before...
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Morning In America, Again, The Redux
Friday, August 5, 2011 - 9:01am | 699We already had a "Morning in America" column a few months ago, but after today's nonfarm payrolls report, it looks like it is time for another one. The July nonfarm payrolls report just was just released, and it smashed expectations, coming in at 117,000. Economists had expected 84,000 jobs to be...
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Last Nights Headlines, Morning Action August 5
Friday, August 5, 2011 - 8:52am | 286AM Action: Unemployment # Comes in Better than expected - Equities rally pre market 9.1% vs. 9.2% last month. The revision seems to have helped. Apple (AAPL) Price target raised to $540 from $450 at Needham LinkedIn (LNKD) Cut To Equalweight From Overweight By Morgan Stanley >LNKD Priceline.com...
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Mad Money Lightning Round: Cramer Advises Investors Not To Sell Alcoa
Friday, August 5, 2011 - 3:57am | 142On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Triquint Semiconductor (NASDAQ: TQNT) is “levered to cell phones and I do not like tech. I also don't like banks and I don't like health care or defense, either." For SodaStream (NASDAQ: SODA), he said, "The highest growth...
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PS Vita Not Coming This Year, Will Battle With iPad 3 in 2012
Thursday, August 4, 2011 - 6:27pm | 561From the, “Hey, we don't know what the heck we're doing!” department. Sony (NYSE: SNE) has reportedly confirmed that its next portable game system, PS Vita, will not be released in Europe or the United States in 2011. This follows a previous report claiming that the system would be released this...
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comScore Reports Reports June Mobile Subscriber Market Share; 2 out of 5 Smartphone Subscribers Use Android
Thursday, August 4, 2011 - 2:01pm | 345comScore, Inc. (NASDAQ: SCOR) today released data from the comScore MobiLens service, reporting key trends in the U.S. mobile phone industry during the three month average period ending June 2011. The study surveyed more than 30,000 U.S. mobile subscribers and found Samsung to be the top handset...
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Who Will Replace Kraft in the Dow Jones Industrial Average? -Street Insider
Thursday, August 4, 2011 - 11:31am | 111With Kraft (NYSE: KFT) splitting into two companies, it is possible it will be removed from the Dow Jones Industrial Average. Apple (NASDAQ: AAPL) is considered the favorite as the next Dow component, but other possibilities include Google (NASDAQ: GOOG), Amazon.com (NASDAQ: AMZN), Pepsi (NYSE: PEP...
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Three Stocks to Give President Obama for His 50th Birthday
Thursday, August 4, 2011 - 7:48am | 389You probably won't make it to President Barack Obama's 50th birthday bash Thursday evening, but you could buy him shares of companies that would help him out. With the United States strapped for cash, first on your list of buys should be shares of Apple (NASDAQ: AAPL). With a total cash reserve of...
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Hotel Reservations Pioneer Bob Diener Talks Growth, Innovation, and New Beginnings
Thursday, August 4, 2011 - 7:48am | 822Before broadband, before social media, before most of the world had signed online, Bob Diener was there, exploring the future. Diener is responsible for building the world's leading hotel reservation websites. He is most well known for co-founding Hotels.com and Getaroom.com, but his career spans...
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Benzinga's Top Pre-Market Gainers
Thursday, August 4, 2011 - 7:44am | 121Kraft Foods Inc (NYSE: KFT) rose 4.99% to $36.01 in the pre-market session. KFT reported a 4.2% rise in its second-quarter profit and raised its projections for the year. It also announced its plans to split the company into two units. NYSE Euronext (NYSE: NYX) added 4.03% to $32.50 in the pre-...