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Thursday's Mid-Day Options Volume Leaders (C, BAC, AAPL, GE, JPM, SPX)
Thursday, September 9, 2010 - 11:19am | 175The overall market is in the green once again; currently the S&P 500 (CBOE: SPX) is higher by 10,19 points, trading at $1,109. There seems to be a general bullish sentiment growing in the trading community; though fundamentals are mixed, traders are picking up exposure to equities nonetheless...
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Adobe Surging On Apple News (ADBE, AAPL)
Thursday, September 9, 2010 - 10:46am | 136Shares of Adobe Systems (NASDAQ: ADBE) have climbed 9.21% to $32.01 during Thursday's trading session on news that Apple (NASDAQ: AAPL) would drop restrictions on the use of development tools for its App Store. More than 10.8 million ADBE shares have traded hands compared to a daily average of just...
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Stock Market News for September 9, 2010 - Market News
Thursday, September 9, 2010 - 10:03am | 969Stocks advanced modestly on Wednesday as easing worries about European finances helped investors set aside concerns resulting from the Federal Reserve’s latest Beige Book report. The beige book report on regional economic activity noted widespread signs of deceleration, causing some initial...
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Trading Strategies for Intel (NASDAQ:INTC) Post-Downgrade
Thursday, September 9, 2010 - 10:01am | 1725UBS downgraded Intel (NASDAQ:INTC) to neutral from buy yesterday, lowering its 12-month price target to $19.50 from $28. UBS officials based this move on recent meetings with PC supply chain companies in Asia. They believe PC demand is weak in the near-term, which could negatively impact demand...
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Netezza Corporation (NZ) Looks Interesting as a Short
Thursday, September 9, 2010 - 9:55am | 385Netezza (NZ) has been a rampant 'takeover' rumor mill candidate the past week or two as a parlay to the 3Par saga. Yesterday's move was debilitating to shorts as they were squeezed to high heaven... just 8 sessions after being squeezed the first time around. I debated putting on a short around 3:...
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Three Stocks That Could Double in the Next Year
Thursday, September 9, 2010 - 6:55am | 508It's all well and good to say a stock posting improving earnings is a good buy with upside potential. But how much upside? The truth is that picking stocks capable of dramatic gains -- potentially as much as doubling your money -- is much harder. That's because charts don't offer much information...
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Strategic Buyers Uninterested (ARST)
Wednesday, September 8, 2010 - 3:55pm | 102Shares of ArcSight Inc. (NASDAQ: ARST) just took a plunge on rumors that the company is having a hard time finding another company that wants to purchase it. ArcSight had previously been mentioned as a potential acquisition candidate for Hewlett-Packard (NYSE: HPQ) or Dell (NASDAQ: DELL), but none...
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Large-Cap Technology Roundup (MSFT, AAPL, GOOG, INTC, ORCL, HPQ)
Wednesday, September 8, 2010 - 3:53pm | 231Large-cap technology names have been beaten down over the last couple of months, and as a result, many of these companies appear to offer compelling value. During today's trading session, the PowerShares QQQ Trust ETF (NASDAQ: QQQQ), which tracks the performance of the tech-laden Nasdaq 100, has...
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3 Strong Stocks Today (QXM, SKH, NZ)
Wednesday, September 8, 2010 - 3:22pm | 178There are three stocks really moving today on heavy volume on the NYSE. Qiao Xing Mobile Communication (NYSE: QXM) is gaining 35%, good for a gain of 91 cents to trade at $3.49. This comes as Qiao Xing Universal Resources, Inc. (Nasdaq: XING) announced that it has proposed to acquire all...
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Sandisk Hopes To Bank On Apple's Success
Wednesday, September 8, 2010 - 3:10pm | 215Apple (NASDAQ: AAPL) products always seem to be the hottest on the market. Apple stock shows how much success these innovations have brought the company as they continue to awe consumers and impress investors. Most recently, they crush earnings and look for another stellar performance this...
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NCR Corp. Inks UniCredit Deal - Analyst Blog
Wednesday, September 8, 2010 - 1:36pm | 576Technology and solutions provider NCR Corp. (NCR) announced that it will offer a software security solution to UniCredit Bank’s multivendor automated teller machines (ATMs). Financial details of the deal were not disclosed. UniCredit Bank, the leading financial services provider in Russia, will...
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UBS Cuts HP, INTC On PC Sales Prospects
Wednesday, September 8, 2010 - 1:05pm | 107Analysts at UBS have downgraded their ratings on Hewlett-Packard Co. (NYSE: HPQ) and Intel Corp (NASDAQ: INTC) citing softer PC sales projections. UBS expressed concern over the prospects for PC sales through the rest of 2010. The rating for HPQ, the leading PC company, was reduced from “buy” to “...
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Hewlett-Packard Falls On Downgrade In Rating
Wednesday, September 8, 2010 - 11:56am | 82Shares of Hewlett-Packard Company (NYSE: HPQ) moved down after the UBS analyst, Maynard Um downgraded the company from “buy” to “neutral.” HPQ’s shares lost 2.86% to $38.78 at 11:52 am. Maynard Um has also lowered the price target on the company from $54 to $44 per share. Shares of Hewlett-Packard...
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Wednesday's Mid-day Options Volume Leaders (C, AAPL, INTC, F, GS)
Wednesday, September 8, 2010 - 11:14am | 168The overall market is casually moving to the upside this morning; currently the S&P 500 (CBOE: SPX) is higher by 10.29 points, trading at $1,102. Both the Yen and the Euro are strengthening against the U.S. Dollar, which is helping to bid stocks. Here are your mid-day options volume leaders… 1...
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Netezza Up Again On Renewed Takeover Rumors(NZ)
Wednesday, September 8, 2010 - 10:56am | 110Shares of Netezza Corporation (NYSE: NZ) spiked this morning on renewed takeover chatter. The spike came about 20 minutes ago on decent volume. No word on who the potential acquirer could be, but many analysts believe it could be Dell (NASDAQ: DELL), which recently lost the battle for 3PAR (NYSE...