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Businesses Buy iPads: The Age Of The Mini-PC May End
Tuesday, August 24, 2010 - 7:57am | 223The mini-PC helped pull the industry though the global recession. Its sales outstripped those of larger, more expensive PCs. Research groups like Gartner proclaimed that the trend might go on for years as consumers and businesses migrated to machines that allowed people to surf the internet and use...
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Dell Preparing To Counter HP's 3Par Offer
Tuesday, August 24, 2010 - 1:34am | 187Dell (Nasdaq: DELL) is reportedly preparing to raise its $1.15 billion offer to acquire data storage provider 3Par (NYSE: PAR) after Hewlett-Packard (NYSE: HPQ) offered $1.6 billion to acquire the company on Monday. At this point, it isn't clear how much Dell will raise its offer, but a new offer...
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$HPQ- Do You Know What an “A” Trade Looks Like??
Monday, August 23, 2010 - 11:06pm | 684Our main job as traders is to take advantage of the opportunities the market provides us everyday. We take these opportunities and turn them into trades where we must manage the risk/reward associated with each idea. It is up to us as traders to risk more on our really good ideas and lower our...
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Benzinga's Top ETF Decliners (TNA, TYH, UCO, TQQQ)
Monday, August 23, 2010 - 5:21pm | 161Direxion Daily Small Cap Bull 3X Shares(ETF) (NYSE: TNA) closed in the negative territory for the third trading session in a row, as Russell 2000 continued to trade lower. TNA fell 4.00% today, and Russell 2000 dropped 1.33%. Direxion Daily Technology Bull 3x Shares (ETF) (NYSE: TYH) traded lower...
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Benzinga's Top ETF Gainers (TZA, SCO, BZQ, TYP)
Monday, August 23, 2010 - 5:06pm | 211Bear market ETFs had a good trading session today, as economic slowdown fears continue to hurt U.S. stocks. Direxion Small Cap Bear 3X Shares (ETF) (NYSE: TZA) was one of the best performers with an increase of 4.03%. The TZA follows the Russell 2000 Index, which lost 1.33% today. ProShares...
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Mac Sales To Government Up 200% (AAPL)
Monday, August 23, 2010 - 2:54pm | 121Apple (NASDAQ: AAPL) had quite the June quarter for Mac sales. Needham & Company analyst Charlie Wolf studied sales figures for the period and found Mac sales to business increased 49.8% year-over-year. Even more astounding, Mac sales to government increased a whopping 200.8% from last year's...
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Late Market Roundup (SAFM, HPQ, CSCO, INTC, PAR, DELL)
Monday, August 23, 2010 - 2:13pm | 308Gold futures moved down slightly today after the US dollar gained some momentum. Gold for December delivery fell 0.2% to $1,226 an ounce on the Comex division of the New York Mercantile Exchange (NYMEX). The dollar index (DXY) gained about 0.13% after opening lower. Shares of Sanderson Farms (...
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3PAR Surges On HPQ’s Offer
Monday, August 23, 2010 - 2:07pm | 102Shares of 3PAR Inc (NYSE: PAR) are advancing after Hewlett-Packard (NYSE: HPQ) decided to bid for PAR. PAR’s shares jumped 43.07% to $25.81 at 1:58 pm. HPQ has decided to bid for PAR at $24 per share, just days after Dell (NASDAQ: DELL) decided to offer $18 per share for the company. 3PAR’s shares...
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Tech Stocks Fly, Pharma Stocks Cry! (DELL, HPQ, PAR, CML, CVLT, ISLN, TPL, JAZZ, EPCT, CPIX)
Monday, August 23, 2010 - 1:11pm | 368In a day when M&A activities dominated the trading sessions, quite a few stocks stood out. Some were hot, while others languished at the bottom. Store manufacturer 3PAR Inc (NASDAQ: PAR) saw its shares rise by more than 40%, after HP (NYSE: HPQ) announced a deal to acquire PAR at $24/share, all...
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Top Narrow Based Indexes For August 23 (PAR, NGLPF, MGPI)
Monday, August 23, 2010 - 1:06pm | 217By 12:23 pm, the Dow Jones Industrial Average was down 5.07 points, or 0.05%, to 10,208.55, while the broader Standard & Poor's 500 index had gained 0.23 points, or 0.02%. The NASDAQ composite index fell 10.54 points, or 0.08%. Some of the narrow based indexes that are supporting the market...
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NASDAQ Stocks Hitting 52-Week Highs (NANO, HSFT, HANS, UNCA)
Monday, August 23, 2010 - 12:20pm | 149Nanometrics Incorporated (NASDAQ: NANO) shares reached $14.50 to create a new 52-week high, before falling to $14.44, representing a 6.73% gain. WSCI’s quarterly revenue surged 250.20% y/y. HiSoft Technology International Ltd (NASDAQ: HSFT) shares rose 3.97% to touch a new 52-week high of $16.50....
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IBM Chart Concerns Technical Traders
Monday, August 23, 2010 - 11:57am | 230The markets gapped higher today only to fall to the flat line. Volume is light as expected on this Monday in late August. The SPDR S&P 500 ETF (NYSE: SPY) is trading down $0.10 on the day at $107.43. Many large cap stocks like Apple Inc. (NASDAQ: AAPL) and Google Inc. (NASDAQ: GOOG) started...
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Afternoon Market Update (POWL, CML, HPQ, PAR, DELL)
Monday, August 23, 2010 - 11:49am | 250Shares of Powell Industries Inc (NASDAQ: POWL) jumped after Sidoti & Co upgraded the company from “neutral” to “buy.” The target price for the company is set to $38. Sidoti analyst John Franzreb said, "Although we expect new orders in the oil and gas sector to remain weak through next year, we...
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Mid-Day Market Movers (PAR, SCOK, XING, REE)
Monday, August 23, 2010 - 11:23am | 1823PAR Inc (NYSE: PAR) jumped 40.30% to $25.31 at 10:45 am. Hewlett-Packard (NYSE: HPQ) has decided to bid for PAR at $24 per share, just days after Dell (NASDAQ: DELL) decided to offer $18 per share for the company. SinoCoking and Coke Chemical Industries Inc (NASDAQ: SCOK) climbed 24.25% to $15.32...
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Monday’s Mid-day Options Volume Leaders (C, BAC, AAPL, POT, INTC, SPY)
Monday, August 23, 2010 - 11:20am | 159The overall market is flirting with the downside once again today, despite a rally at the opening bell. Currently, the S&P 500 (NYSE: SPY) is flat on the session, trading at $1,072. Note that the CBOE Volatility Index (CBOE: VIX) has pared its losses and is now flat on the session as well....