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General Motors Renews $2 Billion HP Enterprise Services Agreement
Wednesday, July 21, 2010 - 8:29am | 136HP Enterprise Services today announced it has been awarded a multiyear applications and infrastructure services contract valued at more than $2 billion to help General Motors (NYSE: GM) maintain focus on its business goals in a highly competitive market. Under the terms of the agreement, HP (NYSE:...
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VMWare (VMW) Beats Estimates; Guides Up for Q3 and Full Year
Wednesday, July 21, 2010 - 8:00am | 870Lost in the shadow of world dominance by Apple (AAPL), last evening it was business as usual for VMWare (VMW) - another fine quarter, and increased guidance for the next quarter and full year. (full report here) One of the true secular growth stories in the U.S. The main question for a name...
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Trading Plan for July 21, 2010
Wednesday, July 21, 2010 - 7:24am | 394Current Long Positions (stop-losses in parentheses): None Current Short Positions (stop-losses in parentheses): ESV (42.84), WTFC (37.71), SLAB (44.80), CERN (82.08), ALB (43.59), HIBB (26.65), WRC (40.95), QQQQ (45.83), SCHN (44.33), NSIT (14.79) BIAS: 106% Short Economic...
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Stocks To Watch For July 21 (AAPL, YHOO, JNPR. EBAY, SBUX, MS, WFC, KO, UTX, LCC)
Wednesday, July 21, 2010 - 7:04am | 397Some of the stocks that may grab investor focus today are: Apple Inc (NASDAQ: AAPL) reported better-than-expected Q3 earnings due to strong rise in the demand for its iPhone and iPad devices. The company’s revenue increased 61% to $15.7 billion. AAPL’s shares jumped 3.40% to $260.45 in pre-market...
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Mad Money Lightning Round: Jim Thinks CRUS Will Be Among The Biggest Winners After AAPL
Wednesday, July 21, 2010 - 6:10am | 277In his "Mad Money Lightning Round" on Tuesday, Jim Cramer said that Cirrus Logic (NASDAQ: CRUS) is going to be one of the biggest winners after Apple (NASDAQ: AAPL). According to him, CRUS could double in value. CRUS fell 4.24% in the after hours trading. When asked about Walter Industries (NYSE:...
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ETFs To Watch July 21, 2010 (XLB, EWA, UCO, MTK)
Wednesday, July 21, 2010 - 5:28am | 259Here is the ETF Professor's ETF Watch List for Wednesday July 21, 2010. Play Apple's (Nasdaq: AAPL) earnings with the PowerShares QQQ (Nasdaq: QQQQ) and the SPDR Morgan Stanley Technology ETF (NYSE: MTK). Play earnings from Morgan Stanley (NYSE: MS) and Wells Fargo (NYSE: WFC) with the Financial...
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Cramer Is Disappointed In IBM, Wants To Avoid The Stock
Tuesday, July 20, 2010 - 7:49pm | 154On CNBC's Mad Money, Jim Cramer tried to explain the sell off in International Business Machines Corp. (NYSE: IBM) after the earnings. He said that the earnings looked good, but only to an untrained eye. Cramer blames IBM's management for the downturn of the stock, because they made too optimistic...
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Here Is Your Economy: Everyone’s Slowing Down, But Apple Is Completely Going Nuts
Tuesday, July 20, 2010 - 7:27pm | 434Here Is Your Economy: Everyone’s Slowing Down, But Apple Is Completely Going Nuts Courtesy of Joe Weisenthal at Clusterstock Well, the after-hours news paints a pretty-much perfect view of the economy. Most earnings continue to disappoint a little: Yahoo, VMWare, etc., all are basically ho-hum....
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Analysts See Opportunity In AAPL, GOOG, V, AZO, CME, ABV, IBM
Tuesday, July 20, 2010 - 7:16pm | 229Scott Kessler, an analyst at Standard & Poor's, said on CNBC that he is bullish on Google Inc. (NASDAQ: GOOG), Apple (NASDAQ: AAPL) and Visa (NYSE: V). He explained that although some people might think that these stocks are expensive, he believes that they should be bought. Just because the...
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Late Pop Impressive 07-20-2010
Tuesday, July 20, 2010 - 7:12pm | 705Cusick’s Corner This nice pop into the After Hours is impressive. Almost every sector is up and bouncing off mid-term support (50-Day Moving Average) and on decent volume, but be careful not to get too caught up in the emotion of this move. The afternoon move started to look more like a potential...
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Fast Money Picks For July 21st (MO, COV, CRUS, ELX)
Tuesday, July 20, 2010 - 6:41pm | 222On CNBC's Fast Money, Steve Grasso said that he wants to buy Altria Group, Inc. (NYSE: MO) on Wednesday. He is still worried about the market, and Altria Group, Inc. (MO) is a great defensive name. Altria Group, Inc. (MO) added 0.65% today. Covidien plc (NYSE: COV) is Karen Finerman's pick. She...
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50% Of Fortune 100 Is Using Or Testing iPad (AAPL)
Tuesday, July 20, 2010 - 5:25pm | 60Apple (NASDAQ: AAPL) Chief Operating Officer Timothy Cook told analysts on the company's conference call that 50% of Fortune 100 companies are currently using of testing the iPad. He was very upbeat about this development. Cook also said that the iPhone is increasing corporate penetration and that...
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Apple (AAPL) Currently Can't Meet The Demand For The iPhone 4
Tuesday, July 20, 2010 - 4:53pm | 25Apple (Nasdaq: AAPL) currently can't meet the demand for the iPhone 4. What a great problem to have.
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Apple Beats Expectations, Shares Rising After Hours (AAPL)
Tuesday, July 20, 2010 - 4:52pm | 200Apple (NASDAQ: AAPL) reported on Tuesday afternoon that its third-quarter net income was $3.253 billion or $3.51 per share, compared to $1.828 billion or $2.01 per share in last year's corresponding quarter. Wall Street analysts had anticipated the company would report EPS of $3.11. Revenue was $...
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Apple Said It Has New Amazing Products To Launch This Year (AAPL)
Tuesday, July 20, 2010 - 4:41pm | 21Apple Said It Has New Amazing Products To Launch This Year (Nasdaq: AAPL)