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15 COMPANIES WITH NO DEBT
Thursday, July 22, 2010 - 2:00am | 169In these times of high debt and deleveraging it’s unusual to come across companies that aren’t in over their head. CNBC recently ran a piece listing some of the largest firms in the world who have immaculate balance sheets – NO DEBT. The list follows: 1. Novell (NOVL) 2. Expeditors...
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Big Ben Chimes In 07-21-2010
Wednesday, July 21, 2010 - 6:41pm | 708Cusick's Corner After hearing Big Ben state that there’s “unusual uncertainty” concerning our nation’s economic outlook, market players were not really enthusiastic. Market volatility picked up after these statements -- the VIX finished up 1.71, putting more pressure on stocks. Keep an eye on the...
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Hewlett-Packard Looks Very Attractive (HPQ)
Wednesday, July 21, 2010 - 4:04pm | 222Earlier today, legendary investor Bill Miller of Legg Mason, said that large cap stocks are at the cheapest levels in 60 years compared to bond yields. He called the current environment "a once in a lifetime opportunity." If you agree with Miller's line of thinking, now is an excellent time to buy...
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Dell Acquires Technology Start-up - Analyst Blog
Wednesday, July 21, 2010 - 3:30pm | 462Texas-based PC maker Dell Inc. (DELL) recently announced that it has signed a definitive agreement to acquire privately held Ocarina Networks, to enhance its data management capabilities. Dell expects to wrap up the Ocarina acquisition by the end of this month. They however did not divulge any...
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Market Waiting on Bernanke Talk 07-21-2010
Wednesday, July 21, 2010 - 3:26pm | 845Cusick’s Corner Financials are leading the way with positive results from Wells Fargo (WFC) and Morgan Stanley (MS), where both signaled that their trading and credit risks have diminished considerably. This has the market in a tight choppy range into the Midday and with the Fed Chief talking this...
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Smartphone Wars: Investing In Either The Apple iPhone or Google Android With ETFs (AAPL, GOOG, QQQQ, FDN)
Wednesday, July 21, 2010 - 2:28pm | 204“The effort to bring the fastest, most satisfying user experience to smartphones has pit company against company and consumer against consumer. Today, one of the most covered wars raging in that industry is between tech goliaths Google (Nasdaq:GOOG) and Apple Inc. (Nasdaq:AAPL). Last Friday Apple’s...
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Top Performing Industries For July 21 (TKR, CNH, AAPL, CTEL)
Wednesday, July 21, 2010 - 2:10pm | 217At 12:50 pm, the Dow gained 0.08% to 10,238.06, the broader Standard & Poor's 500 index moved down 0.03% to 1,083.17 and the NASDAQ composite index fell 0.10% to 2,220.28. The industries that are driving the market today are: Machine Tools & Accessories: This industry jumped 2.69% by 12:50...
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Markets Gap Higher, Than Fall Back To 200 Moving Average
Wednesday, July 21, 2010 - 12:03pm | 235After a monster reversal day yesterday, the markets are hovering just slightly lower on the day. It is key to understand that markets and realize they are just like a long distance sprinter. The markets ran a huge marathon yesterday, today they need a rest day. The SPDR S&P 500 ETF (NYSE: SPY...
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A Chance To Buy The UltraShort Technology ETF At An Attractive Price (REW, AAPL)
Wednesday, July 21, 2010 - 11:49am | 273“The ProShares UltraShort Technology ETF (NYSE: REW) – This inverse ETF, which seeks to return twice the inverse of the daily performance of the Dow Jones U.S. Technology Index, has been in a(...)Read the rest of A Chance To Buy The UltraShort Technology ETF At An Attractive Price (REW, AAPL)...
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David Einhorn's Apple Trade Looking Savvy (AAPL)
Wednesday, July 21, 2010 - 10:38am | 186Noted value investor and hedge fund manager David Einhorn was buying up shares of Apple (NASDAQ: AAPL) in the second quarter. In a letter to his investors, he said that the company's growth prospects were undervalued. Einhorn's cost basis in Apple (AAPL) was $248.09 per share according to the...
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Apple Not the Only One With Phone Woes (AAPL, VZ, MOT)
Wednesday, July 21, 2010 - 9:54am | 117Engadget.com is confirming this morning that the DroidX, which is produced by Motorola Inc. (NYSE: MOT), has a genuine screen issue, where half the screen flickers and distorts. Verizon Communications Inc. (NYSE: VZ), which carries the phone, has confirmed that approximately one-tenth of one-...
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A Peek Into The Market Before The Trading Starts
Wednesday, July 21, 2010 - 9:29am | 447Pre-open movers US stock futures moved up today as investor confidence got a boost from better-than-estimated profits at Morgan Stanley (NYSE: MS) and Wells Fargo & Co (NYSE: WFC). While futures on the Standard & Poor’s 500 Index added 0.4% to 1,084.5 at 8:06 a.m. in New York, those on the...
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Benzinga’s Top Pre-Market NASDAQ Gainers (SQNM, AAPL, CRUS, RYAAY)
Wednesday, July 21, 2010 - 8:57am | 137Sequenom Inc (NASDAQ: SQNM) rose 5.45% to $6 in the pre-market session. Analysts at Jefferies initiated coverage of SQNM with a “hold” rating. Apple Inc (NASDAQ: AAPL) added 3.73% to $261.29 in pre-market trading. AAPL has reported better-than-expected Q3 earnings due to a strong rise in the demand...
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AAPL’s Target Price Raised By JP Morgan, Citi and BofA/Merrill
Wednesday, July 21, 2010 - 8:45am | 145JP Morgan raised its price target for Apple (NASDAQ: AAPL) to $400 from $390, while maintaining its “overweight” rating on the company. JP Morgan expects continued momentum in AAPL’s Mac, iPhone and iPad devices. The investment firm believes that AAPL’s shares should trade as a high growth story,...
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China Telecom Wants iPhone (CHA, AAPL)
Wednesday, July 21, 2010 - 8:30am | 133China Telecom (NYSE: CHA) wants to offer sexy handsets to get users to use its 3G services. This means offering faster data transfers and receing higher revenue per user. This ultimately means getting Apple's (NASDAQ: AAPL) iPhone. Current versions of the iPhone wouldn't work with the CDMA...