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Why McDonald's Should Team Up With Apple
Friday, July 22, 2011 - 1:23pm | 709Nothing could stop the light and compact Big MacBook Air. Seriously, nothing could. “Would it be an edible product?” my colleague asked. But we don't need to answer that right now. All investors need to know is that McDonald's (NYSE: MCD) and Apple (NASDAQ: AAPL) are two of the most important...
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Symantec Earnings Preview: Analysts Expect Flat EPS Over Last Quarter
Friday, July 22, 2011 - 1:11pm | 584Symantec (NASDAQ: SYMC) announces its next round of earnings this Wednesday, July 27, 2011. Here's Benzinga's advanced look at Symantec's first quarter earnings report. Earnings and Revenue: Ahead of the company's earnings announcement, analysts are expecting a positive EPS reading of 33...
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Citrix Systems Earnings Preview: Analyts Expect Higher Earnings, Revenue from Prior Quarter
Friday, July 22, 2011 - 1:11pm | 578Citrix Systems (NASDAQ: CTXS) unveils its next round of earnings this Wednesday, July 27, 2011. Here is Benzinga's everything-that-matters guide for this Wednesday's second quarter earnings announcement. Earnings and Revenue: Analysts are predicting an EPS reading of 46 cents per share and...
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Can You Hear Me Now? Good
Friday, July 22, 2011 - 1:01pm | 829Verizon Communications Inc. (NYSE: VZ) shares are down around 3% as of the time of this writing, but the company is poised for continued strong growth in the years ahead, and may be worth a spot in your portfolio. The New York-based telecom company reported quarterly earnings of 57 cents per share...
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Symantec Earnings Preview: Analysts Expect Flat EPS Over Last Quarter
Friday, July 22, 2011 - 12:40pm | 592Symantec (NASDAQ: SYMC) announces its next round of earnings this Wednesday, July 27, 2011. Here's Benzinga's advanced look at Symantec's first quarter earnings report. Earnings and Revenue: Ahead of the company's earnings announcement, analysts are expecting a positive EPS reading of 33...
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Friday's Mid-Day Options Volume Leaders
Friday, July 22, 2011 - 11:48am | 83Here are today's mid-day options volume leaders… 1. Apple Inc. (NASDAQ: AAPL) 152,196 contracts, 62.5% calls, 37.5% puts 2. Microsoft Corp. (NASDAQ: MSFT) 143,891 contracts, 47.4% calls, 52.6% puts 3. Bank of America (NYSE: BAC) 108,266 contracts, 59.2% calls, 40.8% puts 4. Caterpillar Inc. (NYSE...
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U.S. Air Force Approves Production of Northrop Grumman's Deployable Digital Wireless System for Remote Warfighters
Friday, July 22, 2011 - 11:28am | 371The U.S. Air Force has approved Northrop Grumman Corporation's (NYSE: NOC) Theater Deployable Communications (TDC) Wireless Distribution Module (WDM) for production. TDC WDM provides a line-of-sight extension of a local area network and a radio-frequency link extension of local Internet Protocol-...
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Companies Trading Lower After Releasing Earnings
Friday, July 22, 2011 - 11:18am | 116Avid Tech (NASDAQ: AVID) is trading down over 20% after releasing Q2 earnings. StanCorp Financial Group (NYSE: SFG) is trading down over 14% after releasing Q2 earnings. AMCOL International (NYSE: ACO) is trading down nearly 13% after releasing Q2 earnings. Healthways (NASDAQ: HWAY) is trading...
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The Double-Edged Sword of a Weak Dollar
Friday, July 22, 2011 - 10:41am | 611By Atlantic Capital Management Markets are once again in their habitual 45-degree ascent mode. Buoyed by recent earnings growth and corporate score cards, stock investors are rushing to buy for fear of missing out. The unbridled optimism in the face of more pressing macro concerns really does...
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Caterpillar (CAT) Misses EPS Estimates, but Beats on the Top Line and Raises Guidance
Friday, July 22, 2011 - 8:25am | 915Caterpillar (CAT), which essentially has become the Apple (AAPL) of heavy machinery, is out this morning and while reporting stellar numbers - was a tad short on the bottom line. The stock is being punished in premarket to the tune of 5% since expectations are now very high going into every...
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Piper Jaffray Lowers PT On AVID To $19
Friday, July 22, 2011 - 8:23am | 94Piper Jaffray has issued a report lowering the Price Target on Avid Technology (NASDAQ: AVID) from $20 to $19 a share. According to the report, "Avid reported Q2 revenue and EPS below consensus estimates and the company lowered its FY11 revenue guidance. While the company faced challenges in Q2,...
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Apple Considers Hulu Bid Just Two Days After Benzinga Recommendation?
Friday, July 22, 2011 - 7:32am | 287Google (NASDAQ: GOOG) isn't the only company interested in taking control of the nation's leading TV streaming service. On July 20, I shared my thoughts on how Apple (NASDAQ: AAPL) could spend the billions of dollars it had earned and retained over the past few years. One of my recommendations –...
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U.S. Equity Markets Shrug Off Negative Economic News in Favor of Positive Earnings
Friday, July 22, 2011 - 7:02am | 316Equity markets in the United States have shown remarkable resilience in the wake of recent economic events, as U.S. leaders square off over the deficit and the European Union continues to grapple with the onslaught of sovereign debt issues. While the media continues to spotlight the slow progress...
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With Disappointing Microsoft Windows Sales, Investors Renew Concerns over Growth
Friday, July 22, 2011 - 6:34am | 317With blockbuster earnings results from technology companies around the industry, including rivals Apple (NASDAQ: AAPL) and Google (NASDAQ: GOOG), investors in Microsoft (NASDAQ: MSFT) renewed their concern Thursday after the company posted lackluster Windows sales. Sales of Windows fell for the...
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Piper Jaffray Lowers PT On Avid Technology To $19
Friday, July 22, 2011 - 6:28am | 27Piper Jaffray has lowered the price target on Avid Technology (NASDAQ: AVID) from $20 to $19 and maintains its Neutral rating.