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BMC Up On Reports It's Up For Sale (BMC)
Thursday, October 7, 2010 - 11:13am | 72Shares of BMC Software (NYSE: BMC) are stronger today, after reports came out earlier that it could be up for sale. BMC, which operates as a mainframe software company, is in the same space as other companies which have been acquired lately, like 3PAR (NYSE: PAR). At last check shares were up $3.29...
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Oppenheimer Drops Coverage Of Unica After IMB Acquisition
Thursday, October 7, 2010 - 11:02am | 44Oppenheimer is dropping coverage of Unica Corporation (NASDAQ: UNCA) after the completion of its acquisition by IBM (NYSE: IBM). It was previously rated Perform. IBM is trading at $138
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How Far Can Apple Inc. (NASDAQ:AAPL) Go?
Thursday, October 7, 2010 - 9:20am | 2145On Tuesday, we showed potential strategies for option traders who wanted to jump into the long or short side of Ford Motor (NYSE:F) following the stock's new “overweight” rating at Morgan Stanley. In a similar vein, today we will examine potential strategies in Apple Inc. (NASDAQ:AAPL). Earlier...
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IBM Completes Acquisition of UNCA
Thursday, October 7, 2010 - 8:33am | 37International Business Machines Corp (NYSE: IBM) completed their acquisition of UNCA. IBM acquired the company for $21 a share or roughly $480 million net of cash. IBM shares closed yesterday at $137.84
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Trading Plan for October 7, 2010
Thursday, October 7, 2010 - 7:33am | 466Current Long Positions (stop-losses in parentheses): TICC (9.62), BRKR (13.92), CVX (80.67), DAL (11.12), ELY (6.78), ITW (46.40), SSO (38.70), QQQQ (48.19), FRG (6.99), URS (37.12), TIE (19.52), BEAV (29.54) Current Short Positions (stop-losses in parentheses): None BIAS: 76% Long Economic Reports...
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J.P. Morgan Raises Price Target On Apple (AAPL)
Thursday, October 7, 2010 - 7:16am | 165J.P. Morgan Chase & Co. is raising the price target on Apple Inc. (NASDAQ: AAPL) to $400, and is keeping its Overweight rating on shares, as channel checks show iPad and iPod sales are increasing. In the research note, J.P. Morgan writes, "We are lifting estimates on Apple and reiterating our...
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BMC Acquires Software Unit - Analyst Blog
Wednesday, October 6, 2010 - 7:12pm | 1024Milan-based Neptuny Software is the leading provider of Information Technology (IT) Performance Optimization, as well as Capacity and Virtualization Planning solutions. Neptuny's Caplan solution, which is basically a Capacity Planning solution for large data centers and networks, facilitates...
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Fast Money Picks For October 7th (ICA, ORCL, NCR, COL)
Wednesday, October 6, 2010 - 7:06pm | 169Tim Seymour said on CNBC's Fast Money that he wants to buy Empresas ICA SA (ADR) (NYSE: ICA) on Thursday. He added that Empresas ICA (ICA) is a play on Mexican infrastructure. Empresas ICA SA (ADR) (ICA) gained 0.20% today. Guy Adami believes that Oracle Corporation (NASDAQ: ORCL) should be bought...
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Technology Research Group Maintains Hold On Apple, Says Tougher Comps Coming (AAPL)
Wednesday, October 6, 2010 - 5:09pm | 179Technology Research Group is maintaining a Hold rating on Apple (NASDAQ: AAPL), saying it sees tougher earnings comparisons coming ahead. In the research note sent to clients, TRG writes, "Recall that Apple changed the way it accounts for iPhone sales in September 2009. This led to a measurable...
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Jim Cramer on Trading Verizon iPhone News (VZ, AAPL, AMT)
Wednesday, October 6, 2010 - 3:46pm | 159CNBC's Jim Cramer welcomed rumors Wednesday that Verizon Wireless (NYSE: VZ) would soon carry Apple's (NASDAQ: AAPL) iPhone. Needless to say, Apple is a "terrific" play after the news spread. "I think it's big for Apple," Cramer said during Wednesday's Stop Trading!, predicting the new business...
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NCR Reaches Agreement with Universal Studios Home Entertainment on Rental Availability
Wednesday, October 6, 2010 - 3:04pm | 119NCR Corporation (NYSE: NCR) and Universal Studios Home Entertainment today announced an agreement that will make new release titles from Universal available at NCR's BLOCKBUSTER Express DVD-rental kiosks 28 days after initial release, supporting Universal's established windows for its physical and...
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Verzion Finally Getting The iPhone (AAPL, VZ)
Wednesday, October 6, 2010 - 2:29pm | 127According to a report from the Wall Street Journal, Apple's (NASDAQ: AAPL) iPhone will come to the world's largest network, Verizon Wireless (NYSE: VZ). The new phone, was has been rumored about for months, if not years, will be powered by a Qualcomm (NASDAQ: QCOM) chip, and use CDMA technology,...
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Tech Stocks Down, Led By Data-Center Shares (EQIX, RAX, TMRK, SVVS, AKAM, AAPL, HPQ, MSFT, RIMM, NFLX)
Wednesday, October 6, 2010 - 2:26pm | 271US Tech stocks continued their downward movement with shares of many data-center-related companies leading the decline, after Equinix Inc (NASDAQ: EQIX) issued a revenue warning. Shares of Equinix tumbled about 32% after the company lowered its Q3 sales projections to $328 million to $330 million...
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Dollar Crossovers at 82 cents in 2010 and SP500 2010 Earnings Trend
Wednesday, October 6, 2010 - 12:48pm | 811A heads up this morning from a client sent me this long term SP500 annual earnings forecast versus actual earnings. Note that analysts have been revising there earnings forecast for 2010 upwards all year long. This is an indication that they have been behind the curve and underestimating actual...
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Wednesday's Mid-day Options Volume Leaders (AAPL, C, F, BAC, GE)
Wednesday, October 6, 2010 - 12:22pm | 161The overall market is flirting with the green this morning after falling lower after the opening bell; currently, the S&P 500 (CBOE: SPX) is trading $1,161, up by 0.01 points. Tech stocks are the notable laggards today. Here are your mid-day options volume leaders… 1. Apple Inc. (NASDAQ: AAPL...