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3PAR Surges On HPQ’s Offer
Monday, August 23, 2010 - 2:07pm | 102Read More...Shares of 3PAR Inc (NYSE: PAR) are advancing after Hewlett-Packard (NYSE: HPQ) decided to bid for PAR. PAR’s shares jumped 43.07% to $25.81 at 1:58 pm. HPQ has decided to bid for PAR at $24 per share, just days after Dell (NASDAQ: DELL) decided to offer $18 per share for the company. 3PAR’s shares...
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Tech Stocks Fly, Pharma Stocks Cry! (DELL, HPQ, PAR, CML, CVLT, ISLN, TPL, JAZZ, EPCT, CPIX)
Monday, August 23, 2010 - 1:11pm | 368Read More...In a day when M&A activities dominated the trading sessions, quite a few stocks stood out. Some were hot, while others languished at the bottom. Store manufacturer 3PAR Inc (NASDAQ: PAR) saw its shares rise by more than 40%, after HP (NYSE: HPQ) announced a deal to acquire PAR at $24/share, all...
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Top Narrow Based Indexes For August 23 (PAR, NGLPF, MGPI)
Monday, August 23, 2010 - 1:06pm | 217Read More...By 12:23 pm, the Dow Jones Industrial Average was down 5.07 points, or 0.05%, to 10,208.55, while the broader Standard & Poor's 500 index had gained 0.23 points, or 0.02%. The NASDAQ composite index fell 10.54 points, or 0.08%. Some of the narrow based indexes that are supporting the market...
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NASDAQ Stocks Hitting 52-Week Highs (NANO, HSFT, HANS, UNCA)
Monday, August 23, 2010 - 12:20pm | 149Read More...Nanometrics Incorporated (NASDAQ: NANO) shares reached $14.50 to create a new 52-week high, before falling to $14.44, representing a 6.73% gain. WSCI’s quarterly revenue surged 250.20% y/y. HiSoft Technology International Ltd (NASDAQ: HSFT) shares rose 3.97% to touch a new 52-week high of $16.50....
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IBM Chart Concerns Technical Traders
Monday, August 23, 2010 - 11:57am | 230Read More...The markets gapped higher today only to fall to the flat line. Volume is light as expected on this Monday in late August. The SPDR S&P 500 ETF (NYSE: SPY) is trading down $0.10 on the day at $107.43. Many large cap stocks like Apple Inc. (NASDAQ: AAPL) and Google Inc. (NASDAQ: GOOG) started...
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Afternoon Market Update (POWL, CML, HPQ, PAR, DELL)
Monday, August 23, 2010 - 11:49am | 250Read More...Shares of Powell Industries Inc (NASDAQ: POWL) jumped after Sidoti & Co upgraded the company from “neutral” to “buy.” The target price for the company is set to $38. Sidoti analyst John Franzreb said, "Although we expect new orders in the oil and gas sector to remain weak through next year, we...
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Mid-Day Market Movers (PAR, SCOK, XING, REE)
Monday, August 23, 2010 - 11:23am | 182Read More...3PAR Inc (NYSE: PAR) jumped 40.30% to $25.31 at 10:45 am. Hewlett-Packard (NYSE: HPQ) has decided to bid for PAR at $24 per share, just days after Dell (NASDAQ: DELL) decided to offer $18 per share for the company. SinoCoking and Coke Chemical Industries Inc (NASDAQ: SCOK) climbed 24.25% to $15.32...
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Monday’s Mid-day Options Volume Leaders (C, BAC, AAPL, POT, INTC, SPY)
Monday, August 23, 2010 - 11:20am | 159Read More...The overall market is flirting with the downside once again today, despite a rally at the opening bell. Currently, the S&P 500 (NYSE: SPY) is flat on the session, trading at $1,072. Note that the CBOE Volatility Index (CBOE: VIX) has pared its losses and is now flat on the session as well....
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Manic Merger Monday Updated (HPQ, DELL, PAR)
Monday, August 23, 2010 - 10:27am | 369Read More...This story updates the previous story on the 3Par acquisition news. The mergers keep coming, but now companies are bidding on the same targets. Hewlett-Packard (NYSE: HPQ) has decided to bid for 3Par (NYSE: PAR) at $24 per share, just days after Dell (NASDAQ: DELL) decided to offer $18 per share...
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Investing 101 From Cramer
Monday, August 23, 2010 - 8:58am | 230Read More...On Friday’s Mad Money, Jim Cramer said that not all Wall Street lingo is “gibberish” and “deceptively complicated.” Cramer went on to explain the differences between investing and trading. Though these terms are often used interchangeably, they are vastly different from each other. An investment is...
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Before The Bell – What’s In Store For The Market Today?
Monday, August 23, 2010 - 8:46am | 625Read More...Stock futures pointed to a higher opening on Wall Street due to a spike in deals and M&A activities, enabling investors to shake off the pessimism previous week following a weaker than expected jobless claims data, negative Philly Fed index, and the southbound Dow. Futures on the Dow is up 46...
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Verizon to Launch iPad Live TV App - Analyst Blog
Monday, August 23, 2010 - 8:21am | 816Read More...Verizon Communications (VZ) plans to launch a software application for mobile devices that will enable the FiOS TV customers to watch live television shows and movies on Apple Inc.'s (AAPL) iPad. FiOS TV customers can watch one program through Verizon's set-top box on a traditional TV and...
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M&A May Be Crushed By New Economic Concerns
Monday, August 23, 2010 - 7:27am | 259Read More...M&A is back and investment bankers across the world are counting on large deals to make them highly profitable again. The mergers business was hurt by the economic downturn, M&A deals that failed due to injured earnings, and an LBO boom in 2005 and 2006 that pushed many leveraged firms into...
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New BlackBerry App Store Announced, Stock Slides (RIMM)
Friday, August 20, 2010 - 5:53pm | 196Read More...Research in Motion (NASDAQ: RIMM) announced a revamped version of its BlackBerry Application Store Friday, but investors continued to pound the stock. Shares declined 3.4%, to close at $48.71. The latest version of BlackBerry App World is out of beta and will allow developers to offer applications...
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Apple On The Verge Of Going Positive (AAPL)
Friday, August 20, 2010 - 1:57pm | 118Read More...Apple (NASDAQ: AAPL) climbed above the $250 level in early trading today, and was positive on the day for much of morning trading. The stock has been flirting with positive and negative territory throughout the day and there appears to be a pitched battle going on between bulls and bears right at...
