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NCR Corp. Signs Barclays Deal - Analyst Blog
Tuesday, August 17, 2010 - 5:07pm | 438Technology and solutions provider NCR Corp. (NCR) announced that it would be offering management and maintenance services for Barclays Bank plc’s automated teller machines (ATMs). Financial details of this two-year deal were not disclosed. As per the terms of the deal, NCR Corp. will extend its...
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HP, IBM and Intel: Scouting Returns in Strange Sectors
Tuesday, August 17, 2010 - 3:50pm | 215(TheStreet) -- Intel (NASDAQ: INTC) chips in cars, IBM (NYSE: IBM) technology powering makeup counters, and HP (NYSE: HPQ) building cattle tracking systems. Silicon Valley is seeking new revenue in some strange places. For companies of these behemoth sizes, finding unprecedented uses for technology...
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RBI Approves ICICI Bank-BoR Merger - Analyst Blog
Tuesday, August 17, 2010 - 12:34pm | 362On Thursday, ICICI Bank Limited (IBN) received approval from the Reserve Bank of India ("RBI") to acquire Bank of Rajasthan ("BoR"). RBI said that the merger was allowed in accordance with the Sub-section (4) of Section 44A of the Banking Regulation Act, 1949. With the integration of BoR, the...
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Research in Motion Below $50: Time to Buy? (RIMM)
Tuesday, August 17, 2010 - 12:18pm | 336Research in Motion (NASDAQ: RIMM) stock slid below $50 a share early this afternoon, as the company continues to battle countries over BlackBerry security. Research in Motion is actively working to solve issues raised by the United Arab Emirates and India. Both the UAE and India have requested the...
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Entrenched in Scandal, HP Acquires Software Security Firm (HPQ)
Tuesday, August 17, 2010 - 11:58am | 150Hewlett-Packard Co. (NYSE: HPQ) said Tuesday it would buy Fortify Software, a privately held security software maker for an undisclosed sum. HP shares are up 1.8% in mid-day trade, to $41.29. The move, according to a Reuters report, "will allow HP to offer software that helps organizations reduce...
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Even A Strong Market Rally Cannot Save RIMM (DJIA, COMPQ, RIMM, AAPL, GOOG)
Tuesday, August 17, 2010 - 11:54am | 161The Dow (DJIA) is up 140 points today and the Nasdaq Composite (COMPQ) is higher by 1.62%. But, if you were just looking at how Research in Motion (NASDAQ: RIMM) was trading you would think the market was having a rough day. RIMM shares are lower by 73 cents, or 1.44%, to $50.10. Shares are now...
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Tuesday’s Mid-Day Options Volume Leaders (POT, AAPL, RIMM, BAC, C, SPY)
Tuesday, August 17, 2010 - 11:11am | 130The overall market is higher on the session, bolstered by the plethora of M&A activity we are seeing across multiple sectors today. Currently, the S&P 500 (NYSE: SPY) is higher by 13 points, trading at 1,092. Look for resistance at 1,100. Here are your mid-day options volume leaders. 1....
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Stock Market News for August 16, 2010 - Market News
Tuesday, August 17, 2010 - 10:43am | 986Investors’ concerns about the pace of the economic recovery showed no signs of easing as some dour economic data aggravated worries that the economy is not going to rebound any time soon. A Commerce Department report that said retail sales rose 0.4% in July, below expectations of a 0.5% uptick,...
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Company News for August 16, 2010 - Corporate Summary
Tuesday, August 17, 2010 - 10:43am | 504• Dell (NASDAQ: DELL) said it will buy Fremont, California-based storage company 3Par (NYSE: PAR) in an all-cash deal valued at $18 per share, representing an 86% premium over its Friday close • Lowe's (NYSE: LOW) reported second-quarter earnings of $0.58 per share, on revenues of $14.4 billion, vs...
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Zacks Analyst Blog Highlights: Dell, 3PAR, EMC, International Business Machines and Hewlett-Packard - Press Releases
Tuesday, August 17, 2010 - 10:04am | 1092For Immediate Release Chicago, IL – August 17, 2010 – Zacks.com Analyst Blog features: Dell Inc. (DELL), 3PAR Inc. (PAR), EMC Corp. (EMC), International Business Machines Corp. (IBM) and Hewlett-Packard Co. (HPQ ). Here are highlights from Monday’s Analyst Blog: Dell To Acquire 3PAR For $1.15B...
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Stock Market News for August 17, 2010 - Market News
Tuesday, August 17, 2010 - 9:43am | 1071With the U.S. economic outlook pretty much uncertain investors wondered if it is the right time to buy stocks. However, they found little reason to pick up shares and chose to remain on the sidelines, sending trading volume to its lowest of the year. The Dow industrials failed to snap their four-...
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Zacks #1 Rank Additions for Tuesday - Tale of the Tape
Tuesday, August 17, 2010 - 8:38am | 341Here are 5 stocks added to the Zacks #1 Rank ("strong buy") List today: ADTRAN, Inc (ADTN) Altera Corp (ALTR) AngloGold Ashanti Ltd (AU) Apple Inc (AAPL) AVX Corp (AVX) View the entire Zacks #1 Rank List. APPLE INC (AAPL): Free Stock Analysis Report ADTRAN INC (ADTN): Free Stock...
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Brean Murray Has Some Notes On Dell's Purchase Of 3Par (DELL, PAR)
Tuesday, August 17, 2010 - 8:38am | 176Brean Murray Carret & Co. has some notes on Dell (NYSE: DELL) after the computer company bid yesterday on 3PAR (NYSE: PAR) at $18 per share. In the research note Brean Murray Carret & Co. writes, "Dell announced its intention to acquire storage systems provider 3PAR. 3PAR has storage...
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Zacks #5 Rank Additions for Tuesday - Tale of the Tape
Tuesday, August 17, 2010 - 8:38am | 341Here are 5 stocks added to the Zacks #5 Rank ("strong sell") List today: Aircastle Ltd (AYR) AMB Property Corp (AMB) Covance Inc (CVD) McDermott International (MDR) NVR Inc (NVR) View the entire Zacks #5 Rank List. APPLE INC (AAPL): Free Stock Analysis Report ADTRAN INC (ADTN): Free...
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China Unicom Gets Rights To iPhone 4, iPad
Tuesday, August 17, 2010 - 6:31am | 88China Unicom (NYSE: CHU), China's second-largest mobile phone carrier, will reportedly begin selling the iPhone 4, the newest version of Apple's (Nasdaq: AAPL) popular smartphone, next month. Chinese state-controlled media sources also said Apple has granted China Unicom permission to sell the iPad...