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Investors Following Hurd Into Oracle (ORCL)
Tuesday, September 7, 2010 - 12:44pm | 207Shares of Oracle Corp. (NASDAQ: ORCL) are jumping higher today on news that they have hired ex-Hewlett Packard (NYSE: HPQ) CEO Mark Hurd to replace co-president Charles Phillips, who resigned. Hurd will work alongside Oracle's other co-president, Safra Catz. Currently, shares are higher by 5.54%,...
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What's Hot On TheStreet
Tuesday, September 7, 2010 - 12:41pm | 304Here's what Benzinga's reading on our friend, TheStreet.com. What's Hot On TheStreet Oracle's Hurd Mentality Oracle's (NASDAQ: ORCL) got its man: Mark V. Hurd, the ethics-tainted, staff slasher who was recently drummed out of Hewlett-Packard (NYSE: HPQ). And here's the good part -- Wall Street...
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Benzinga's Volume Movers (RSCR, ORCL, KALU, CMED)
Tuesday, September 7, 2010 - 12:34pm | 204ResCare Inc (NASDAQ: RSCR) shares jumped 6.10% to $13.21 at 11:42 am. The volume of RSCR shares traded was 3676% higher than normal. RECR has entered into a definitive agreement with Onex Corporation’s affiliate Onex Partners III LP. Onex will acquire all the outstanding shares of RSCR for $13.25...
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News Summary (RYAAY, AMR, DAL, ALK, ORCL, HPQ, HIG, LNC)
Tuesday, September 7, 2010 - 10:54am | 234Airline stocks moved down along with the wider market, with Ryanair Holdings (NASDAQ: RYAAY) as the top loser in the list. Shares of AMR Corp (NYSE: AMR) moved down about 2.05%, Delta Air Lines (NYSE: DAL) fell about 2.53% and Alaska Air (NYSE: ALK) dropped about 1.16%. The NYSE Arca Airline Index...
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Collins Stewart Has Thoughts On Hurd's Hiring (ORCL)
Tuesday, September 7, 2010 - 10:48am | 209Collins Stewart is out with a research report on Oracle (NASDAQ: ORCL), as the software company announced it has hired Mark Hurd to be its co-president. In the research report, Collins Stewart writes, "We believe Hurd’s skill-set will be used in a slightly different way at Oracle vs. how it was...
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Company News for September 7, 2010 - Corporate Summary
Tuesday, September 7, 2010 - 9:33am | 833• Air Products & Chemicals (NYSE: APD) raised its offer for Airgas (NYSE: ARG) to $65.50 from $63.50 per share, equalling $5.5 billion • Oracle (NASDAQ: ORCL) announced the appointment of former Hewlett-Packard (NYSE: HPQ) CEO Mark Hurd as co-President • Goldman Sachs (NYSE: GS) added Oracle...
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US Stock Futures Signal Weak Start After Long Holiday Weekend
Tuesday, September 7, 2010 - 8:17am | 270US stock futures are signaling a lower start on the Wall Street today, after a long holiday weekend. Shares of Barclays Plc (NYSE: BCS) might suffer after the company named its new chief executive. Futures on the Dow Jones Industrial Average dropped 41.00 points to 10,395, while S&P 500 futures...
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Zacks Analyst Blog Highlights: Dell, Hewlett-Packard, 3PAR, EMC and NetApp - Press Releases
Tuesday, September 7, 2010 - 8:06am | 1397For Immediate Release Chicago, IL – September 7, 2010 – Zacks.com Analyst Blog features: Dell Inc. (DELL), Hewlett-Packard Co. (HPQ), 3PAR Inc. (PAR), EMC Corp. (EMC) and NetApp Inc. (NTAP ). Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter:...
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Piper Jaffray's Pipe Report (AAPL, CLWR, T)
Tuesday, September 7, 2010 - 7:44am | 138Piper Jaffray is out with its Pipe Report this morning, and it covers a few companies, such as Apple (NASDAQ: AAPL), Clearwire (NASDAQ: CLWR) and AT&T (NYSE: T). In the Pipe Report, Piper Jaffray writes, "While Apple's iPhone has created a loyal, high-ARPU base of customers for AT&T, it...
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TWC Reaches Agreement with Disney - Analyst Blog
Monday, September 6, 2010 - 11:09am | 622Time Warner Cable Inc (TWC) entered into a new expanded programming deal with Walt Disney Co (DIS) to provide programs from ABC Family, Disney Channel, Disney XD, ESPN, ESPN2, ESPNEWS, ESPNU, ESPN Classic, ESPN Deportes and SOAPnet, as well as a handful of Disney-owned ABC affiliates, including...
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Autodesk Unveils AutoCAD Mac - Analyst Blog
Monday, September 6, 2010 - 11:09am | 889Autodesk Inc. (ADSK) announced to launch a Mac version of its flagship product AutoCAD in October 2010. This announcement is particularly significant as it follows a nearly two decades of detachment of Autodesk from Apple Inc.’s (AAPL) Macintosh. AutoCAD for the Macintosh will be available...
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HP`s 3PAR Acquisition Makes Strategic & Financial Sense
Sunday, September 5, 2010 - 9:18am | 1696By Dian L. Chu, Economic Forecasts & Opinions The 3PAR saga finally came to a close on Sep. 2 with Dell Inc. (DELL) beaten by Hewlett-Packard Co. (HPQ) in an 18-day bidding war. The final price tag of 3PAR is at $33 a share, or $2.35 billion, almost twice Dell’s initial offer at $18 a share...
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Dell Aims to Secure SMBs - Analyst Blog
Sunday, September 5, 2010 - 6:33am | 742Round Rock Texas-based PC maker Dell Inc. (DELL) is reportedly expanding its reach in Web security. Recently, Dell tied up with leading Internet Content Security vendor, Trend Micro Inc., to enrich its security-solutions portfolio. Tokyo-based Trend Micro provides its customers (both corporate...
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Benzinga's Top ETF Decliners (FAZ, TYP, SOXS, TZA, SQQQ)
Friday, September 3, 2010 - 5:05pm | 263Direxion Daily Financial Bear 3X Shares(ETF) (NYSE: FAZ) led the decliners among the ETFs today, as the financial stocks continued to move higher. Goldman Sachs Group, Inc. (NYSE: GS) had a great trading session, with an increase of 5.37%. FAZ fell 5.93%, and closed at $13.64. Direxion Daily Tech...
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Benzinga's Top ETF Gainers (DBV, FAS, TYH, TNA)
Friday, September 3, 2010 - 4:42pm | 205Powershares DB G10 Currency Harvest Fund (NYSE: DBV) closed higher today. It gained 6.63% in the regular trading session, but it dropped 3.78% in the after hours. Direxion Daily Financial Bull 3X Shares(ETF) (NYSE: FAS) continued its uptrend with the fourth consecutive trading session in the...