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Where Is The Debt Ceiling Fear?
Tuesday, July 26, 2011 - 11:10am | 209The major stock indexes have pulled back over the past three trading days as the U.S. politicians have not raised the debt ceiling yet. President Obama and Treasury Secretary Tim Geithner have called for Armageddon in the stock markets if the debt ceiling is not increased. The stock markets are...
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10 Top 'Branded' iPhone Apps
Tuesday, July 26, 2011 - 10:14am | 139(TheStreet) -- While tons of Fortune 500 companies are scrambling to create an Apple (NASDAQ: AAPL) iPhone app that helps promote their brand, the effort doesn't always pay off. More than 80% of apps put out by major consumer and health care brands are downloaded less than 1,000 times, according...
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Avid Awarded Large Broadcast Services Contract for Major Sporting Event in London
Tuesday, July 26, 2011 - 9:13am | 105Avid (NASDAQ: AVID) today announced that it has been awarded a significant contract to supply production and distribution kit and expertise to contribute to the broadcast of a major sporting event in London next year. Over the next year, Avid Professional Services, the workflow consultancy and...
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Benzinga's Top Pre-Market Losers
Tuesday, July 26, 2011 - 7:48am | 100Netflix Inc (NASDAQ: NFLX) dipped 8.36% to $258.00 in the pre-market session. NFLX reported downbeat Q2 revenue and issued weak projections. Regions Financial Corporation (NYSE: RF) lost 2.25% to $6.07 in the pre-market session. RF swung to a second-quarter profit. NVIDIA Corporation (NASDAQ:...
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Android's High Return Rate Offsets Strong Sales Numbers -TechCrunch
Tuesday, July 26, 2011 - 6:47am | 68While Android (NASDAQ: GOOG) device sales are expected to surpass Apples's (NASDAQ: AAPL) iOS sales year after year, the return rate on some Android devices is between 30 and 40 percent, in comparison to the iPhone 4′s 1.7% return rate as of Antennagate in 2010, according to TechCrunch.
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Stocks to Watch for Tuesday 7/26/2011: Fresh 52 Week Highs and Lows
Tuesday, July 26, 2011 - 4:07am | 1751Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels and entry/exit points become more defined. The following stocks hit new 52-week highs in Monday's trading session (listed from highest total volume to lowest):...
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What's Hot On TheStreet
Monday, July 25, 2011 - 1:31pm | 293Here's what Benzinga's reading on our friend, TheStreet.com. What's Hot On TheStreet NFL Lockout Ends; Blackouts Won't Both the NFL's players and its owners are likely very happy to have the five- month mess behind them and their revenue streams intact. League partners including Papa John's (...
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Tech Market Heats Up: What's Wrong with RIMM?
Monday, July 25, 2011 - 12:49pm | 761Congress and the Obama administration are at it again. Talks broke down over the weekend, which is a familiar development. The impasse is certainly weighing on the stock market. Precious metals are rallying, bonds and stocks are down. Of these assets, it's the move in bonds that are most telling....
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Monday's Mid-Day Options Volume Leaders
Monday, July 25, 2011 - 12:11pm | 83Here are today's mid-day options volume leaders… 1. Bank of America (NYSE: BAC) 149,814 contracts, 83.3% calls, 16.7% puts 2. Apple Inc. (NASDAQ: AAPL) 124,287 contracts, 67.2% calls, 32.8% puts 3. Microsoft Corp. (NASDAQ: MSFT) 85,643 contracts, 40.6% calls, 59.4% puts 4. Baidu Inc. (NASDAQ: BIDU...
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Nothing To Sneeze At Here
Monday, July 25, 2011 - 8:35am | 715Dallas, TX.-based Kimberly-Clark (NYSE: KMB) reported second quarter earnings this morning that handily beat Wall Street expectations, despite higher commodity prices for its products. The company reported earnings of $1.18 per share on $5.26 billion in revenues. Wall Street analysts were...
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NCR Commences Tender Offer for All Outstanding Shares of Radiant Systems for $28 per Share
Monday, July 25, 2011 - 8:07am | 124NCR Corporation (NYSE: NCR) today announced that its wholly-owned subsidiary, Ranger Acquisition Corporation, has commenced the previously-announced tender offer to acquire all of the outstanding shares of common stock of Radiant Systems, Inc. (NASDAQ: RADS) for $28.00 per share, net to the seller...
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Benchmark Electronics: Overvalued and lacking moat ($BHE)
Monday, July 25, 2011 - 6:00am | 1647Benchmark Electronics, Inc. (NYSE: BHE) provides a full range of electronic manufacturing services to OEMs, and industrial end-users. The company is trading (as of 7/1) at $16.98, which is about the mid-point between the 52 week high and low, though a significant decline from the company's pre-...
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Apple Signs Deal to Open Store in New York City's Grand Central Terminal -NY Post
Sunday, July 24, 2011 - 10:30am | 83Apple (NASDAQ: AAPL) has signed a deal with New York's MTA to open a new retail store in Grand Central Terminal, according to the New York Post. The 23,000-square-foot store will take up Grand Central's north and northeast balconies, displacing Charlie Palmer's Metrazur restaurant, according to MTA...
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The Fake Apple Store
Saturday, July 23, 2011 - 1:50pm | 186Success breeds copycats. But in this case, it is a bit extreme. A group of counterfeiters in Kunming near Shanghai China have been selling (possibly/probably) knockoffs of the Apple (AAPL) iPhones and iPads through a fake Apple Store!!! According to an American who was visiting China, the store...
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Hewlett-Packard Itchin' To Gap Fill
Friday, July 22, 2011 - 3:22pm | 123Shares of Hewlett-Packard (NYSE: HPQ) are trading higher on the session by 1.46%, at $36.76. The stock has been forming a base above $35.00 for the past two months and it looks like buyers are beginning to exhaust sellers. Hewlett-Packard is now breeching the 50-day moving average (already...