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IBM Introduces New Cloud Collaboration Services (IBM)
Tuesday, October 5, 2010 - 9:56am | 82IBM (NYSE: IBM) today introduced a new collaboration software suite in the Cloud that gives users one-click access to collaboration and social networking services for only $10 per month. The move aims to accelerate the adoption of Cloud collaboration services to increase productivity,...
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Danish Ministry Hires IBM
Tuesday, October 5, 2010 - 9:07am | 40IBM (NYSE: IBM) and the Danish Defense have signed a seven-year services agreement in which IBM will provide high availability, technology infrastructure and management services for the Ministry's Resource Management System, DeMars.
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Jefferings Holding On Motorola Pending iPhone Launch At Verizon
Tuesday, October 5, 2010 - 8:44am | 157Jefferies & Co. has published a research report for Motorola Inc. (NYSE: MOT) and is anxious over the risks from Verizon's (NYSE: VZ) iPhone (NASDAQ: AAPL) Launch. In the report, Jefferies writes "Our Hold rating on MOT is primarily due to the imminent launch of the iPhone at Verizon and our...
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Morgan Keegan Raising Estimates On Apple (AAPL)
Tuesday, October 5, 2010 - 7:45am | 149Morgan Keegan is raising earnings estimates, and thus the price target, on shares of Apple Inc. (NASDAQ: AAPL) due to the drop in component prices and the U.S. dollar. It has an Outperform rating, and a $350 price target on shares. In the research note, Morgan Keegan writes, "Based on recent drops...
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Jefferies Initiated AAPL With Buy
Tuesday, October 5, 2010 - 6:22am | 49Analysts at Jefferies initiate coverage of Apple Inc (NASDAQ: AAPL) with a "buy" rating. The target price for AAPL is set to $365. AAPL shares lost 1.37% to close at $278.64 yesterday. More Analyst Ratings here
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Distribution Days Are Testing Support (DIA, SPY, QQQQ, XLF, AAPL)
Tuesday, October 5, 2010 - 3:00am | 245Monday saw markets down with the NASDAQ leading the way lower by over 1%. Whether this is attributed to profit-taking, economic uncertainty or the alignment of the planets is irrelevant. There is seldom any single cause for market price action on any given day. What I look for is buying volume...
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Zach Karabell Makes A Mistake On HP (HPQ)
Tuesday, October 5, 2010 - 2:04am | 127Zach Karabell is standing behind his call on Fast Money. He advised investors to avoid investing money in HP (HPQ) and Dell (DELL). However, the stocks are up 10% despite Karabell's belief that the stocks were due for a drop. Last month Karabell scolded both companies for cashing after 3Par. He...
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HP Appoints New CEO - Analyst Blog
Monday, October 4, 2010 - 11:21pm | 404Hewlett-Packard Co. (HPQ) finally found a replacement for its previous chief executive officer (CEO) Mark Hurd. The company recently announced the appointment of former SAP AG (SAP) chief Leo Apothekar as its CEO and president. The appointment will be effective from November 1. The former CEO left...
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Cramer Doesn't Like The New HP (HPQ) CEO
Monday, October 4, 2010 - 5:23pm | 105Jim Cramer thinks that Hewlett Pakcard (HPQ) made a mistake in the selection of their new CEO. Cramer thinks that Leo Apotheker is the wrong man for the job. He thinks that HP overpaid for a mediocre leader. He referred to Apotheker as a "nobody" and said that his performace at SAP was far from...
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Tech Stocks Start Week In The Negative Territory (MSFT, LXK, DELL, AAPL, RIMM, INTC, ISLN, ORCL, NFLX, NTAP)
Monday, October 4, 2010 - 2:03pm | 306US Tech stocks started the week in the negative territory. Shares of Microsoft Corp (NASDAQ: MSFT) were among the top decliners in the list after Goldman Sachs analyst Sarah Friar downgraded the company. Shares of MSFT moved down about 2.7% after Goldman analyst Sarah Friar downgraded the stock...
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Earnings Scorecard: Oracle - Analyst Blog
Monday, October 4, 2010 - 1:06pm | 1343Oracle Corp. (ORCL), the largest database and enterprise software company after Microsoft Corp. (MSFT), reported first quarter 2011 earnings and revenues on September 16 that outpacing Zacks Consensus Estimates. The impressive results were due to strong new software license sales (sales to new...
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Markets Sell As Dollar Lifts Higher
Monday, October 4, 2010 - 11:53am | 283The markets sold mid morning as the SPDR S&P 500 ETF (NYSE: SPY) fell into the key support of last Thursdays low at $113.60. It has been a slow bleed which may tell us after a bounce at this current support, the markets have more downside to go. If the markets dropped sharply on heavy volume,...
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Monday's Mid-day Options Volume Leaders (C, MSFT, AAPL, F, JPM)
Monday, October 4, 2010 - 11:23am | 155The overall market is falling today; currently, the S&P 500 (CBOE: SPX) is lower by 7.67 points, trading at $1,138. A pullback seems quite healthy at these levels. Note that small-caps are underperforming today… Here are your mid-day options volume leaders… 1. Citigroup (NYSE: C) 124,515...
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Coverage Initiated For Apple At buy
Monday, October 4, 2010 - 9:41am | 23Ticonderoga has initiated coverage for Apple, Inc. (NASDAQ: AAPL) at Buy with a $430 price target.
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HP Awarded a Multimillion Dollar Contract in New Zealand
Monday, October 4, 2010 - 7:46am | 105Hewlett-Packard New Zealand today announced that Meridian Energy has signed a multimillion dollar application services agreement. Under the agreement, HP (NYSE: HPQ) will develop and manage Meridian's core applications that support retail, wholesale and business systems. Meridian must continually...