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Dell Starts At The Back Of The Line With New Smartphone
Wednesday, August 25, 2010 - 8:46am | 140Dell (NASDAQ: DELL) is late to the smartphone market. Very late. It has begun to sell its new Aero handset with AT&T (NYSE: T). The Aero costs $99.99 with a two-year subscription plan. Without an AT&T deal, the Aero sells for $299.99, but still only works on the AT&T network. The Aero...
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Rambus Reportedly Suing IBM Over Patent Infringement
Wednesday, August 25, 2010 - 7:57am | 113Rambus (Nasdaq: RMBS) is suing International Business Machines (NYSE: IBM) in an attempt to reverse a U.S. Patent and Trademark Office’s ruling involving the chip designer’s previously patented memory system. The lawsuit, filed Monday in federal court, alleges the federal agency’s finding in which...
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Verizon's Smartphone Holding Pattern Will Pay Off
Wednesday, August 25, 2010 - 7:52am | 238NEW YORK (TheStreet) -- AT&T (NYSE: T) might have Apple's (Nasdaq: AAPL) market-share climbing iPhone and it might have reported more solid financials last quarter than its chief rival Verizon (NYSE: VZ), but it's Verizon, with the lion's share of U.S. subscribers, that is best positioned to...
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Dell Starts At The Back Of The Line With New Smartphone
Wednesday, August 25, 2010 - 7:16am | 226Dell (Nasdaq: DELL) is late to the smartphone market. Very late. It has begun to sell its new Aero handset with AT&T (NYSE: T). The Aero costs $99.99 with a two-year subscription plan. Without an AT&T deal, the Aero sells for $299.99, but still only works on the AT&T network. The Aero...
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Apple Talks to Rent Shows Through iTunes
Wednesday, August 25, 2010 - 7:08am | 183CUPERTINO, Calif. (TheStreet) -- Apple (Nasdaq: AAPL) is talking to major TV companies to rent TV shows to viewers for 99 cents through iTunes, Reuters and other media outlets report. Apple is in talks with News Corp. (Nasdaq: NWS), Walt Disney (NYSE: DIS) and other media conglomerates, Reuters...
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Flight for Safety Trade of Day 08-24-2010
Tuesday, August 24, 2010 - 6:55pm | 765Cusick’s Corner Flight for safety was the trade of the day in spite of the fact that the indices finished at their worst levels. This was the only glimmer of light for the bulls, the fact that the downside did not exhibit more follow through after a terrible morning and midday. Bonds were the big...
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Existing Home Sales Well Below Expectations 08-24-2010
Tuesday, August 24, 2010 - 3:13pm | 869Cusick’s Corner Existing home sales came in well below expectations, sub-4 million units and this decline was the highest percentage drop in over 10 years. This spurred on the flight for safety trade into this Midday -- all major indices are in the red and bond yields are continuing to crack, 10yr...
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Could Radware Get Bought Out?
Tuesday, August 24, 2010 - 2:06pm | 414Radware Ltd (NASDAQ: RDWR) is breaking to fresh highs today on over 2x the average daily stock volume, currently trading at $24.23. The stock appears ready to make a major break to the upside given the strong fundamentals, solid technicals, and the recent M&A boom in the Tech sector. This begs...
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Two Stocks That Are Strong Today: A Rarity It Seems (DLTR, RDWR)
Tuesday, August 24, 2010 - 1:13pm | 396In a sea of red, it's hard to find some green. Two stocks that are being highlighted here today are of particular interest for investors, but for very different reasons. The first stock being mentioned is Dollar Tree, Inc. (Nasdaq: DLTR), up $1.51 today to trade at $45.64. This is good for a gain...
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Afternoon Market Update
Tuesday, August 24, 2010 - 12:26pm | 201Shares of 3Par Inc (NYSE: PAR) continued their upward movement after Hewlett-Packard (NYSE: HPQ) decided to bid for PAR at $24 per share, just days after Dell (NASDAQ: DELL) decided to offer $18 per share for the company. Several analysts are expecting Dell to make a counter offer for PAR. PAR’s...
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Trade Lesson: Apple Computer Rocks The Levels To Profit
Tuesday, August 24, 2010 - 12:15pm | 257The Apple Inc. (NASDAQ: AAPL) chart has been truly one for the ages over the last month. The keys to the chart hearken back to their earnings release and how the stock traded after it. On July 21st, 2010, Apple gapped higher and collapsed back towards the flat line for the day. This was the...
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Tuesday’s Mid-day Options Volume Leaders (BAC, AAPL, C, F, GE, SPY)
Tuesday, August 24, 2010 - 11:31am | 174The overall market cratered this morning with the S&P 500 (NYSE: SPY) testing the $1,050 level, which is critical support for the bulls. The SPY has since rallied and is now “only” lower by 11 points, at $1,055. Note that today’s housing data was extremely weak, worse than expected. Here are...
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Dell Lower On 3PAR Takeover Talk (DELL, PAR, HPQ)
Tuesday, August 24, 2010 - 10:57am | 95Shares of Dell (NASDAQ: DELL) slumped to a fresh 52-week low this morning before recovering slightly in morning trading. This morning it was reported that Dell is planning to increase its offer for storage products provider 3PAR (NYSE: PAR) after Hewlett-Packard (NYSE: HPQ) yesterday topped Dell's...
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HP's Turn To Make A Run At 3Par
Tuesday, August 24, 2010 - 9:46am | 378Analysts at Brean Murray reiterate their "buy" rating on Hewlett-Packard Co (NYSE: HPQ). The target price for HPQ is set to $50. According to Brean Murray, “Last week Dell had reached an agreement with 3Par to purchase its shares for $18/share or $1.15B. 3Par has storage virtualization technology...
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Before The Bell – The Action So Far
Tuesday, August 24, 2010 - 8:02am | 488Stock futures fell on Tuesday ahead of home sales report due today. In addition, fears of a global slowdown prompted traders to sell equities heavily, and the Japanese Yen soaring to 15 year high against the US Dollar added to the southbound futures. Futures on the DOW shed 70 points to 10,087;...