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Netflix Announces iPhone and iPod App (NFLX, AAPL)
Thursday, August 26, 2010 - 3:32pm | 199Netflix, Inc. (NASDAQ: NFLX) announced a new application for use on Apple's (NASDAQ: AAPL) iPhone and iPod Thursday. The app provides the company's vast selection of TV episodes and movies to users' iPhone or iPod touch at no additional cost. The app is available via both Wi-Fi and 3G networks. TV...
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Company News for August 26, 2010 - Corporate Summary
Thursday, August 26, 2010 - 3:09pm | 825• Apple (NASDAQ: AAPL) shares gained 1.2% on reports that the company is expected to introduce iPods with cameras and/or TV capability • Google (NASDAQ: GOOG) announced that it will add phone calling feature to its Gmail email service, offering competition to Skype • Goldman Sachs (NYSE: GS)...
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Apple Has Reversed To The Downside (AAPL)
Thursday, August 26, 2010 - 2:55pm | 99Apple's (NASDAQ: AAPL) daily chart tells the story of the wider indices on Thursday. The shares opened on their highs, and are now plumbing their lows. AAPL had put in nice gains early in the session and was trading in the $245 range. Currently, the stock is down 0.66% to $241.29. Look for support...
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Reverse Head & Shoulders Pattern 08-26-2010
Thursday, August 26, 2010 - 2:55pm | 808Cusick’s Corner The day started with an opening pullback and now it’s a slow grind. The market is trading around the technical and psychological support level of 1050 on the S&Ps, plus there’s a notable bullish technical pattern, a reverse head and shoulders looking to form in the ETF SPY. Now...
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International Business Machines Nearning Support After Break Down
Thursday, August 26, 2010 - 1:53pm | 110A week ago I alerted to the International Business Machines Corp. (NYSE: IBM) break down on the daily chart. The stock had just broken the sloping trend line to the downside and it signaled a move lower into the first support. Note the chart below. IBM continues to be one of the weaker stocks and...
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iTunes Going Social
Thursday, August 26, 2010 - 12:57pm | 162Although many users are waiting for Apple (AAPL) to release streaming music services, iTunes may be looking to take on more social networking features. The social updates will most likely allow users to communicate with each other through pre-existing social networking sites, like Facebook and...
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What's Hot On TheStreet
Thursday, August 26, 2010 - 12:30pm | 318Here's what Benzinga's reading on our friend, TheStreet.com. What's Hot On TheStreet Credit Card Mail Solicitations Increase 83% Look no further than your own mailbox to see that the rebound in the credit card industry is under way. According to a recent study by Synovate Mail Monitor, households...
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Is Hewlett Packard (HPQ) In A Free Fall?
Thursday, August 26, 2010 - 12:00pm | 151Hewlett Packard (HPQ) is still the country’s number 1 seller of personal computers. HP sells everything from laptops to printers and has been quite successful at it. It does appear however that the company may be losing its way. The company recently let go of CEO Mark Hurd who was instrumental in...
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Data, Commodities Boost Dow
Thursday, August 26, 2010 - 11:27am | 297Wall Street climbed cautiously higher Thursday morning as the markets look to build on Wednesday’s mini rally and the bulls breathed a sigh of relief that jobless claims tumbled last week by more than expected. Today's Markets As of 10:24 a.m. ET, the Dow Jones Industrial Average rose 14.22 points...
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3 Stocks That Have Been Cheap For A Decade
Thursday, August 26, 2010 - 11:21am | 838I have the learned the hard way that just because a stock is cheap does not mean it is a good investment. It can be tough sometimes to distinguish between a value play and a value trap. Value plays are stocks that are trading below their true value and will eventually reach this value. Value traps...
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3 Stocks That Have Been Cheap For A Decade
Thursday, August 26, 2010 - 11:21am | 859I have the learned the hard way that just because a stock is cheap does not mean it is a good investment. It can be tough sometimes to distinguish between a value play and a value trap. Value plays are stocks that are trading below their true value and will eventually reach this value. Value traps...
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News Summary (PAR, DELL, HPQ, C)
Thursday, August 26, 2010 - 10:53am | 190Shares of 3Par Inc (NYSE: PAR) dropped about 2% after Dell Inc (NASDAQ: DELL) raised its bid for PAR to $24.30 per share in cash. The offer by DELL beats the bid of Hewlett-Packard (NYSE: HPQ), which offered $24 per share for 3Par. Dell had earlier offered $18 per share to buy PAR. Energy stocks...
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Apple On The Rise After Company Announces Media Event On September 1st (AAPL)
Thursday, August 26, 2010 - 10:41am | 181Shares of Apple Computer (NASDAQ: AAPL) have been trading near the low end of its range going back to April in recent weeks. The stock is getting a boost today, however, gaining 0.90% to $245.07. The company announced that it will be holding a media event on September 1st, in San Francisco. The...
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Dell Sweetens Bid For 3PAR
Thursday, August 26, 2010 - 9:41am | 122Dell Inc (NASDAQ: DELL) has sweetened its bid for 3PAR Inc (NYSE: PAR) to $24.30 per share. This exceeds the $24 per share bid placed by Hewlett-Packard Co (NYSE: HPQ) on Monday. The agreement, which values the storage technology company at $1.53 billion, has been approved by PAR's board, which...
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RIM's BlackBerry Torch Doesn't Match Up
Thursday, August 26, 2010 - 9:38am | 242NEW YORK (TheStreet) -- Can Research In Motion (Nasdaq: RIMM) stay in touch with the small-business smartphone market? It's trying with the spankin' new BlackBerry Torch 9800. It's tres chic right now among the techno elite to bash Research In Motion and its BlackBerry devices. For all their power...