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Company News for August 10, 2010 - Corporate Summary
Tuesday, August 10, 2010 - 9:44am | 654• KKR (NYSE:KKR) withdrew its $500 million stock offering, citing weak market conditions • Credit Suisse (NYSE: CS) downgraded Royal Bank of Scotland (NYSE: RBS) from "outperform" to "neutral" • UBS (NYSE: UBS) upgraded Whole Foods (NASDAQ: WFMI) to "buy" from "neutral," with a price target of $45...
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Cisco's Apple-Crushing Business (Tablet) Plan
Tuesday, August 10, 2010 - 9:42am | 292NEW YORK (TheStreet) -- As the tablet war moves into the office, Apple's (Nasdaq: AAPL) iPad finally faces some worthy opponents, namely Cisco (Nasdaq: CSCO) and Google (Nasdaq: GOOG). There's also Research In Motion (Nasdaq: RIMM), whose BlackPad tablet device will reportedly hit the market this...
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Oracle's Ellison Blasts HP Board for Hurd's Exit
Tuesday, August 10, 2010 - 8:35am | 192Oracle (Nasdaq: ORCL) Chief Executive Larry Ellison blasted Hewlett-Packard (Nasdaq: HPQ) on Monday for forcing CEO Mark Hurd to resign. In an email sent to the New York Times and later provided to Reuters by Oracle, Ellison slammed HP's board for ousting Hurd -- a close friend -- even after the PC...
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Early Exercise of Calls, Dividend Plays, and What’s All That Volume?
Tuesday, August 10, 2010 - 8:31am | 1768Last week, we saw a number of large-cap, dividend-paying companies trade ex-dividend. This typically quarterly event can spark huge volume in the options of the specific companies. Ex-dividend literally means new investors in the underlying are not entitled to the next dividend payment. In other...
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6 Endangered Tech Species
Tuesday, August 10, 2010 - 8:16am | 171NEW YORK (TheStreet) -- Picking up an Apple (Nasdaq: AAPL) iPad or clamoring for Amazon's (Nasdaq: AMZN) Kindle? You may as well get a DVD player, too, as their combined usefulness is on the clock. The future of technology is integration, something Apple's iPhone and Google's (Nasdq: GOOG) Android...
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Top 4 Small-Cap Stocks In The Networking And Communication Devices Industry With The Lowest PEG Ratio (SMCI, FNSR, DGII, DVOX)
Tuesday, August 10, 2010 - 5:48am | 148Below are the top small-cap networking and communication device stocks on the NYSE and the NASDAQ in terms of PEG ratio. Super Micro Computer Inc (NASDAQ: SMCI) has a PEG ratio of 0.69. Analysts at Broadpoint AmTech initiated coverage of SMCI with a “buy” rating. Finisar Corporation (NASDAQ: FNSR...
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HP Chief Resigns During Sexual Harassment Investigation
Monday, August 9, 2010 - 7:16pm | 361HP Chief Resigns During Sexual Harassment Investigation Hewlett Packard (HPQ) recently announced the resignation of Mark Hurd, Chairman, President, and CEO of HP Corporation. Hurd's resignation comes following the sexual harassment claims leveled at the former HP executive and the HP company by a...
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Does Fed Have Anything Left to Stimulate Economy? 08-09-2010
Monday, August 9, 2010 - 6:44pm | 768Cusick’s Corner With volume on the light side and no economic data released Monday, the major market indices sat around key resistance levels. Today’s option activity was focused on spread strategies, multi-legged positions that allow traders to position with defined risk and reward. Much of the...
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Zacks #5 Rank Additions for Monday - Tale of the Tape
Monday, August 9, 2010 - 5:53pm | 346Here are 5 stocks added to the Zacks #5 Rank ("strong sell") List today: Acacia Research Corp (ACTG) Alphatec Holdings, Inc (ATEC) Central Garden & Pet Co (CENT) Comtech Telecommunications Corp (CMTL) Cray Inc (CRAY) View the entire Zacks #5 Rank List. ACACIA RES-TECH (ACTG): Free...
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Zacks Investment Ideas feature highlights:Target, Bed Bath and Beyond, Apple and Office Max - Press Releases
Monday, August 9, 2010 - 5:53pm | 1297For Immediate Release Chicago, IL – August 09, 2010 – Today, Zacks Investment Ideas feature highlights Features: Target Inc. (TGT), Bed Bath and Beyond (BBBY), Apple, Inc. (AAPL) and Office Max, Inc. (OMX). A+ Stocks for Back-to-School Just when everybody starts having fun, the party is about to...
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Stock Market News for August 9, 2010 - Market News
Monday, August 9, 2010 - 5:52pm | 958A greater-than-anticipated drop in July non-farm payrolls sent investors away from stocks Friday, but the losses were modest and stocks managed to close the week firmly in the green. All three major indexes ended at least 1.5% higher on the week. On the week, the Dow industrials and the S&P...
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Company News for August 9, 2010 - Corporate Summary
Monday, August 9, 2010 - 5:52pm | 408• DISH Network (NASDAQ: DISH) reported second quarter profits 4-cents better than expected at 57 cents per share, on revenues up 9.3% to $3.17 billion, slightly ahead of Zacks estimates of $3.12 billion • Following CEO Mark Hurd's resignation, Hewlett-Packard (NYSE: HPQ) issued improved preliminary...
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Is HPQ a Broken Stock? - Voice of the People
Monday, August 9, 2010 - 5:51pm | 443Zacks' Voice of the People Highlights user globlchrtanlysis: "Is HPQ a Broken Stock?" from the People & Picks community. For more Voice of the People, visit http://at.zacks.com/?id=5851 Featured Post Is HPQ a Broken Stock? In our May 18 report we put Hewlett-Packard (HPQ) on our "avoid" list...
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Market May Look to Challenge Upside Resistance 08-09-2010
Monday, August 9, 2010 - 4:24pm | 812Cusick’s Corner I am getting this Midday out late so I will be brief. The market has built some positive follow through from Friday’s close. At this stage, the market looks like it wants to potentially challenge that upside resistance of 1135 on the S&P and that is even with these intermittent...
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Apple Bringing Out 9.7-inch iPad
Monday, August 9, 2010 - 1:17pm | 157Apple (AAPL) will be releasing a 9.7-inch iPad with 512MB of RAM and a new ARM Cortex-A9-based processor. In addition, Apple will be coming out with a new Apple TV which includes AMD's Fusion solution.