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Is Apple (AAPL) Still A Buy At $300?
Saturday, October 2, 2010 - 1:21am | 104Shares of Apple (AAPL) closed at $282 on Friday. The stock has held up well in the current market environment and seems easily poised to take out $300. But is Apple still a buy once it crosses $300? According to most analysts, the answer is yes. CNBC's Jim Cramer sees the stock rising to $350....
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Viacom Opting for Headcount Cut - Analyst Blog
Friday, October 1, 2010 - 6:15pm | 769Viacom Inc. (VIA.B) continues to struggle with its Filmed Entertainment businesses. Recently, management has decided to reduce headcount by 53 (2% of total workforce) in its Paramount Pictures division. The slumping U.S. movie box-office has taken a huge toll on Viacom. Paramount Pictures...
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Zings Of The Day (MSFT, WHR, PC, HPQ, DTG)
Friday, October 1, 2010 - 4:13pm | 337Hewlett-Packard (NYSE: HPQ) announced Leo Apotheker as its new CEO, sparking concerns from investors that he may not be the right man for the job. Investors are concerned about his tenure at SAP (NYSE: SAP), which didn't live up to expectations. They were also concerned that being from France and...
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HP (HPQ) Gets A New CEO
Friday, October 1, 2010 - 3:02pm | 86Hewlett Packard (HPQ) got a new CEO today. Former SAP CEO Leo Apotheker will be taking the reigns of the tech giant. The stock has been tanking since the announcement. CNBC's Joe Terranova does not like the move at all. He stated that Apotheker "cleary does not have any IT-making experience in...
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Friday's Mid-day Options Volume Leaders (AAPL, C, NFLX, MSFT, HPQ)
Friday, October 1, 2010 - 11:48am | 168The overall market is pushing higher once again today to start the month off on the right foot; though the S&P 500 (CBOE: SPX) is off its daily highs, currently trading at $1,144, the more times we push against the $1,150 level the more resistance weakens. Here are your mid-day options volume...
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Apple Up 14% In September Time For A Sell Off?
Friday, October 1, 2010 - 10:08am | 41Apple Inc.(NASDAQ: AAPL) shares were up 14% in September with very high trading volume. Look for a pull back in October after hitting resistance of $294. AAPL is up 57.71% YTD $104.38. AAPL closed yesterday at $283.75
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HP Appoints New CEO
Friday, October 1, 2010 - 9:07am | 90Citigroup has published a research report for Hewlett-Packard Company (NYSE: HPQ) following HP's announcement of Leo Apotheker being appointed as CEO. In the report, Citigroup writes "Hewlett-Packard last night announced the appointment of Leo Apotheker, a prior 22-year veteran of SAP, to the...
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Gold & Silver Go Parabolic … Almost
Friday, October 1, 2010 - 8:57am | 1791Let's flash back to May 2006, when gold prices were behaving in a similar fashion as today. The yellow precious metal saw almost a 40% rally over the course of a couple weeks. The SPDR Gold Trust (NYSE: GLD) – an ETF that trades at about one-tenth the price of gold and actually holds gold in a...
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Apple To Use Qualcomm Chips In iPhone & iPad
Friday, October 1, 2010 - 8:20am | 70In a recent report from J.P. Morgan, Apple (NASDAQ: AAPL) ordered Qualcomm baseband chips for the next versions of the iPhone and iPad, replacing Infineon, the Economic Daily News said, without saying where it got the information. Taiwan Semiconductor Manufacturing Co. will make the chips for...
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Autodesk Joins IBM's Green Sigma Coalition (IBM, ADSK)
Friday, October 1, 2010 - 8:17am | 76IBM (NYSE: IBM) today announced that Autodesk, Inc. (Nasdaq: ADSK) has joined the Green Sigma™ Coalition, a consortium of industry leaders in metering, monitoring, automation, data communications and software. Autodesk's expertise in 3D design and engineering software for buildings and...
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HP Announces New CEO & Board Chairman
Friday, October 1, 2010 - 8:08am | 201Hewlett-Packard (NYSE: HPQ) has named former SAP CEO Leo Apotheker as its CEO and President. Also, former Oracle executive Ray Lane will be the Board's Chairman. In a recent note, J.P. Morgan had previously said the new CEO at HP had to be both visionary and operator to facilitate the company's...
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Oppenheimer Discusses HP's New CEO (HPQ)
Friday, October 1, 2010 - 7:11am | 153Oppenheimer & Co. has some thoughts on Hewlett-Packard Company's (NYSE: HPQ) new CEO, Leo Apotheker. In the research note, Oppenheimer writes, "After the close HP announced that it has hired Leo Apotheker, who most recently was CEO of SAP, as its new leader. Mr. Apotheker, a tireless worker,...
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US Stock Futures Gain On A Rise In China's Manufacturing Activity
Friday, October 1, 2010 - 6:46am | 296US stock futures moved up, driven by China's solid economic data. Futures on the Dow Jones Industrial Average surged 58 points to 10,781 and S&P 500 futures moved up 6.70 points to 1,143. Nasdaq 100 futures added 13.75 points to 2,009. US stocks closed lower yesterday, with the blue-chip Dow...
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Stocks To Watch For October 1 (ACN, HPQ, SAP, GYMB, LWSN)
Friday, October 1, 2010 - 5:03am | 210Some of the stocks that may grab the investor focus today are: Accenture Plc (NYSE: ACN) reported its FQ4 EPS at $0.66, up from $0.39, in the year-ago quarter. However, analysts expected the company to report earnings at $0.63 per share. ACN's shares gained 3.62% to $44.03 in after-hours trading...
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Hewlett Packard Sinks After Announcing New CEO (HPQ)
Thursday, September 30, 2010 - 5:57pm | 179Shares of Hewlett-Packard Company (NYSE: HPQ) are sinking in the after-hours trade by 3.02%, trading at $40.80. The stock closed the regular session at $42.07, off 1.08% on the day. Hewlett Packard announced after the bell that Leo Apotheker, the former chief executive of SAP AG (NYSE: SAP), would...