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Zacks Analyst Blog Highlights: Akamai Technologies, Level 3 Communications, Limelight Networks, International Business Machines and Pepco Holdings - Press Releases
Friday, August 13, 2010 - 9:40am | 1624For Immediate Release Chicago, IL – August 13, 2010 – Zacks.com Analyst Blog features: Akamai Technologies Inc. (AKAM), Level 3 Communications Inc. (LVLT), Limelight Networks Inc. (LLNW), International Business Machines Corp. (IBM) and Pepco Holdings Inc. (POM ). Here are highlights from Wednesday’...
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Benzinga’s Top Pre-Market NASDAQ Gainers (UNCA, PRXI, TRBN, VECO)
Friday, August 13, 2010 - 9:19am | 203Unica Corporation (NASDAQ: UNCA) rose 117.80% to $20.80 in the pre-market session. IBM (NYSE: IBM) has agreed to buy UNCA for $21 per share, or $480 million in a cash transaction, valuing UNCA at a premium of 120% over its previous session’s closing price. Premier Exhibitions Inc (NASDAQ: PRXI)...
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Autodesk Tops Zacks Consensus - Analyst Blog
Friday, August 13, 2010 - 9:13am | 1412Software design maker, Autodesk Inc. (ADSK) reported better-than-expected second quarter 2011 results, with earnings per share of 27 cents, beating the Zacks Consensus Estimate of 20 cents per share. Earnings per share leaped 80.0% year over year from 15 cents reported in the year-ago quarter and...
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New Internet Explorer Coming, Users Shrug Shoulders (MSFT)
Friday, August 13, 2010 - 8:52am | 219Microsoft (NASDAQ: MSFT) announced Thursday that it would be launching the beta version of Internet Explorer 9 on September 15. The company plans to hold a a gala in San Francisco to celebrate "The Beauty of the Web." The new browser is expected to be usable only by Vista and Windows 7 Operating...
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As Oracle Sues Google, Tech IP Issues Are Too Close For Comfort
Friday, August 13, 2010 - 8:51am | 260There have been for some time a collection of companies that gathers patents and then uses them to sue large technology firms. The issues are often unclear enough and cost of litigation high enough that the plaintiffs walk away with settlements Beyond the patent-for-hire firms there is a growing...
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IBM Making Purchase (IBM, UNCA)
Friday, August 13, 2010 - 8:10am | 112IBM (NYSE: IBM) and Unica Corporation (Nasdaq: UNCA) today announced they have entered into a definitive agreement for IBM to acquire Unica in a cash transaction at a price of $21 per share, or at a net price of approximately $480 million, after adjusting for cash. A publicly held company in...
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Liquidmetal Technologies (LQMT) Spikes 72.06%
Thursday, August 12, 2010 - 5:40pm | 130Liquidmetal Technologies, Inc. (PINK: LQMT) had a great trading session today. It spiked 72.06% on the rumor that Apple (NASDAQ: AAPL) made a deal with Liquidmetal Technologies (LQMT) to use its liquidmetal casing material for its products. This material is used in flash drives, mp3 players, cell...
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Akamai Partners with Brightcove - Analyst Blog
Thursday, August 12, 2010 - 5:07pm | 636Akamai Technologies Inc. (AKAM), a leading provider of cloud optimization services, has formed an alliance with the cloud-based video platform company, Brightcove. The alliance is expected to make video publishing and distribution easier for all sizes of professionals and business organizations...
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Afternoon Update (HPQ, MS)
Thursday, August 12, 2010 - 3:41pm | 172According to Gary Shilling, Americans are correct in their belief that the economy has not bottomed as yet and that the US has just seen the beginning of a prolonged period of economic depression. Although his forecast for the GDP growth of an average of 2% for the next ten years is not bad, it is...
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Liquidmetal Technologies Continues to Skyrocket (LQMT)
Thursday, August 12, 2010 - 3:25pm | 111Liquidmetal Technologies Inc. (OTC: LQMT) continues to surge Thursday after disclosing a mysterious deal with Apple (NASDAQ: AAPL) earlier in the week. Liquidmetal granted Apple an exclusive license to commercialize intellectual property for consumer electronic products in exchange for a license...
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Source: Apple Testing CDMA iPhone, Verizon to Benefit? (AAPL, VZ)
Thursday, August 12, 2010 - 2:27pm | 207Apple (NASDAQ: AAPL) has reached "engineering verification test" (EVT) status on a CDMA iPhone, John Gruber is reporting. A CDMA iPhone would allow it to be used on the Verizon (NYSE: VZ) network, and could signal the end of AT&T's (NYSE: ATT) exclusivity agreement. According to Engadget.com,...
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OWENS-ILLINOIS (OI) - Profit Tracks
Thursday, August 12, 2010 - 1:37pm | 582Since inception in 1988, the S&P 500 has outperformed the Zacks #5 Rank List - Stocks to Sell Now by 80% annually (+2% versus +10%). While the rest of Wall Street continued to tout stocks during the market declines of the last few years, Zacks told investors which stocks to sell or avoid....
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Earnings Scorecard: Motorola Inc. - Analyst Blog
Thursday, August 12, 2010 - 1:37pm | 1408The struggling mobile phone manufacturer Motorola Inc. (MOT) reported strong second quarter 2010 results, beating the Zacks Consensus Estimate by 1 cent. The reported quarter’s earnings benefited from growing market traction for its 3G Android-based smartphones. Overall, the analysts’ opinion...
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Zacks Sell List Highlights: CGG Veritas, Owens-Illinois, CEC Entertainment and Stratasys - Press Releases
Thursday, August 12, 2010 - 1:07pm | 1284For Immediate Release Chicago, IL – August 12, 2010 – Zacks.com releases details on a group of stocks that are currently members of the exclusive Zacks #5 Rank List – Stocks to Sell Now. These stocks are currently rated as a Zacks Rank #5 (Strong Sell): CGG Veritas (CGV) and Owens-Illinois, Inc. (...
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Cisco Crushed After Earnings (CSCO)
Thursday, August 12, 2010 - 11:14am | 187Shares of Cisco Systems (NASDAQ: CSCO) have been crushed on heavy volume today after the company reported a strong quarter, but issued disappointing forward-looking guidance. CEO John Chambers offered a muted view of his company's market, saying CSCO is seeing "mixed signals" from their customers...