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DELL Initiated With Neutral By Gleacher
Monday, September 27, 2010 - 2:24pm | 83Dell Inc (NASDAQ: DELL) shares inched up after Gleacher & Co analyst Brian Marshall initiated coverage of the company with a neutral rating and a price target of $12-per share for the company's stock. Marshall, in a research note, said that the company needs to make some acquisitions to adept...
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3 Companies That Need To Give Cash Back To Investors
Monday, September 27, 2010 - 2:20pm | 821This is a post that I had written last week. I was wondering if Microsoft should consider raising its dividend. Well the company stole my thunder and announced that they would be increasing their dividend 23%. I planned to scrap the post but decided to go ahead with it anyway. Instead of looking...
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3 Companies That Need To Give Cash Back To Investors
Monday, September 27, 2010 - 2:20pm | 800This is a post that I had written last week. I was wondering if Microsoft should consider raising its dividend. Well the company stole my thunder and announced that they would be increasing their dividend 23%. I planned to scrap the post but decided to go ahead with it anyway. Instead of looking...
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IBM May Have Its Eyes Set On $139, All Time High
Monday, September 27, 2010 - 1:02pm | 85International Business Machines Corp. (NYSE: IBM) recently broke out of a trading range it has been in for almost a year. The $122.00 to $134.00 range has lasted since last November. Recently, IBM broke out of that range and began to climb. The stocks is extremely extended but it may have its eyes...
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Afternoon Market Update (DELL, WMT, AMZN, RIMM)
Monday, September 27, 2010 - 12:44pm | 189Shares of Dell Inc (NASDAQ: DELL) moved up about 0.4% after analyst Brian Marshall of Gleacher & Co resumed coverage of the company with a “neutral” rating. The target price for the company is set at $12. Walmart Stores Inc (NYSE: WMT) has offered more than $4 billion to purchase Massmart...
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Monday's Options Volume Leaders (AAPL, BIDU, C, BAC, AMR)
Monday, September 27, 2010 - 11:16am | 159The overall market is flirting with the flat line today; currently the S&P 500 (CBOE: SPX) is off by 2.78 points, trading at $1,145; considering last week's high volume pop, a period of consolidation is expected and healthy. Here are your mid-day options volume leaders… 1. Apple Inc. (NASDAQ:...
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iPhone Pre-Orders Exceed 200,000
Monday, September 27, 2010 - 10:16am | 121China Unicom (NYSE: CHU) has stopped taking orders on line due to such strong demand on pre-orders for Apple's (NASDAQ: AAPL) iPhone 4, which have exceeded 200,000. About 60,000 buyers had received phones through China Unicom so far, the mobile operator said in a statement. By comparison, it took...
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iPhone Pre-Orders Exceed 200,000
Monday, September 27, 2010 - 10:15am | 121China Unicom (NYSE: CHU) has stopped taking orders on line due to such strong demand on pre-orders for Apple's (NASDAQ: AAPL) iPhone 4, which have exceeded 200,000. About 60,000 buyers had received phones through China Unicom so far, the mobile operator said in a statement. By comparison, it took...
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Developers Desert Apple For Android At Rapid Pace
Monday, September 27, 2010 - 9:32am | 140Apple (NASDAQ: AAPL) may have the largest application store in the world with 200,000 apps and nearly 4 billion downloads. But, software developers see Google's (NASDAQ: GOOG) Android as the mobile platform of the future and have begun to spend more and more time making software for it. A news...
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HP Completes Tender Offer for and Merger of 3PAR Inc. at $33 per Share
Monday, September 27, 2010 - 9:11am | 140HP (NYSE: HPQ) today announced that it has completed the acquisition of 3PAR Inc. for a price of $33 per share in cash, or an enterprise value of $2.35 billion. The acquisition was completed by means of a tender offer by an HP subsidiary for all of the outstanding shares of 3PAR followed by the...
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Demand for iPhone 4 Exceeds Supply in China
Monday, September 27, 2010 - 9:01am | 105It seems excitement about Apple's (Nasdaq: AAPL) iPhone is truly global, as demand for iPhone 4 handsets has outstripped supply, according to China Unicom (NYSE: CHU). Sales of the popular smartphone, which launched in China Saturday, came at a faster pace than sales of previous versions. More than...
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Items Of Interest From Oppenheimer
Monday, September 27, 2010 - 8:30am | 186Oppenheimer's Datatimes Report included these items of interest: 1. AT&T (NYSE: T) announced that Matthew Rose will join its board of directors. Mr. Rose also serves on the board of AMR Corporation (NYSE: AMR) and had previously served on the board of Burlington Northern Santa Fe, a Berkshire...
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The Daily Long and Short Setup
Monday, September 27, 2010 - 8:21am | 102Futures still are maintaining the slightly positive bias heading into the open. There is more merger activity going on as well, with Air-Tran catching a bid (and helping our Delta - DAL - shares out in the process) and Wal-Mart trying to expand operations into South Africa. LONG: International...
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HP, Intel, and Yahoo Expand Open Cirrus Project
Monday, September 27, 2010 - 8:16am | 141HP (NYSE: HPQ), Intel (Nasdaq: INTC) and Yahoo (Nasdaq: YHOO) today announced that four new organizations will join Open Cirrus, a global, multiple data center, open source test bed for the advancement of cloud computing research. The announcement coincides with the fourth Open Cirrus Summit,...
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Dan Nathan's Jabil Circuit (JBL) Trade
Sunday, September 26, 2010 - 3:49pm | 237CNBC Options Action's Dan Nathan suggested investors to consider an options strategy in Jabil Circuit, Inc. (NYSE: JBL). He said that Jabil Circuit (JBL) is a company that makes the products that end up in Best Buy Co., Inc. (NYSE: BBY) or RadioShack Corporation (RSH). Cisco (NASDAQ: CSCO) is one...