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Gabelli Has Buy Rating On NCR
Wednesday, July 20, 2011 - 9:10am | 132Gabelli is out with a research report on NCR (NYSE: NCR) and it has a Buy rating on shares. In a note to clients, Gabelli & Co. writes, "On July 11, NCR agreed to acquire Radiant Systems through a cash tender offer of $28 per share, or $1.1 bn. NCR is paying 17x Radiant's 2011 expected EBITDA...
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FBN Securities Raises AAPL PT To $550
Wednesday, July 20, 2011 - 9:10am | 72FBN Securities has issued a report raising the Price Target on Apple (NASDAQ: AAPL) from $500 to $550 a share. According to the report, "The company blew past consensus expectations with revenue of $28.5B (up 82% Y/Y, ahead of $25.0B consensus and $23B guidance) and NG EPS of $7.79 (up 122% Y/Y,...
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UPDATE: J.P. Morgan Raises PT on Apple to $525
Wednesday, July 20, 2011 - 9:03am | 151J.P. Morgan is out with its report today on Apple (NASDAQ: AAPL), raising its PT from $450 to $525. In a note to clients, J.P. Morgan writes, "With Overweight-rated Apple's stock, it is time for the value-like multiples to be re-rated higher. We expect the stock to move higher in the near to mid...
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Gabelli Has Buy Rating On Apple
Wednesday, July 20, 2011 - 8:52am | 128Gabelli & Co. is out with a research report on Apple (NASDAQ: AAPL) after it reported earnings last night. In a note to clients, Gabelli & Co. writes, "Reported record 3Q11 results mainly driven by strong shipments of iPad, iPhone, and strengths in sales in Asia Pacific. Strong iPhone...
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Apple Updates Mac mini
Wednesday, July 20, 2011 - 8:34am | 65Apple (NASDAQ: AAPL) today updated the Mac® mini with next generation Intel core processors, new graphics, Thunderbolt I/O technology and Lion. The new Mac mini delivers up to twice the processor and graphics performance of the previous generation in the same. Starting at $599, the new Mac mini...
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Apple Updates MacBook Air With Next Generation Processors, Thunderbolt I/O & Backlit Keyboard
Wednesday, July 20, 2011 - 8:33am | 132Apple (NASDAQ: AAPL) today updated the MacBook Air with next generation processors, Thunderbolt I/O technology, a backlit keyboard and Mac OS® X Lion. The MacBook Air starts at $999 and is available for order today and in stores tomorrow. MacBook Air is available in 11-inch and 13-inch models...
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Apple Announces Mac OS X Lion Available Today From the Mac App Store
Wednesday, July 20, 2011 - 8:31am | 98Apple (NASDAQ: AAPL) today announced that Mac OS® X Lion, the eighth major release of the operating system, is available today as a download from the Mac® App Store™ for $29.99. Some of the amazing features in Lion include: new Multi-Touch® gestures; system-wide support for full screen apps;...
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IBM Awards $1M Grants to Help Build a Smarter Planet
Wednesday, July 20, 2011 - 8:31am | 117IBM (NYSE: IBM) today awarded nearly $1 million in Smarter Planet grants to 11 organizations around the world. The IBM Centennial Grants are both monetary and in-kind awards up to US$100,000 each and fund innovative projects in areas such as healthcare, energy and food safety. "Non profit and...
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Piper Jaffray Reiterates Overweight on AAPL
Wednesday, July 20, 2011 - 8:14am | 80Piper Jaffray has issued a report raising the Price Target on Apple (NASDAQ: AAPL) from $554 to $607 a share. According to the report, "We are reiterating our Overweight rating on shares of AAPL, and raising our price target froom $554 to $607 based on a series of upcoming poential catalysts....
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Take Your Chances With Inflation?http://www2.blogger.com/img/blank.gif
Wednesday, July 20, 2011 - 8:14am | 758Bespoke tweeted this article about whether or not it is time to go to cash. The article was so so other than a fascinating premise put forth by James Montier from GMO. In our view it is better to hold cash and deal with the limited real erosion of capital caused by inflation, rather than hold...
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Apple (AAPL) Earnings Buoy Futures
Wednesday, July 20, 2011 - 8:13am | 309US stock futures are set for a higher open Wednesday morning on the heels of a blockbuster earnings report from Apple Inc. (AAPL). The tech giant greatly exceeded even lofty consensus estimates from Wall St, thanks in large part to tremendous iPad and iPhone sales. The stock is currently set to...
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Benzinga's Top Pre-Market Gainers
Wednesday, July 20, 2011 - 8:06am | 105Apple Inc (NASDAQ: AAPL) shares advanced 5.86% to $398.92 in the pre-market session. AAPL reported upbeat quarterly earnings. CSX Corporation (NYSE: CSX) shares advanced 3.38% to $26.34 in the pre-market session. CSX reported a 22% rise in its Q2 earnings. QUALCOMM Incorporated (NASDAQ: QCOM)...
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UPDATE: Bank of America Raising Price Target On Apple
Wednesday, July 20, 2011 - 7:57am | 200Bank of America Merrill Lynch is out with a research report on Apple Inc. (NASDAQ: AAPL) after it reported earnings last night. It is raising its price target to $515, and is keeping its Buy rating on shares. In a note to clients, Bank of America Merrill Lynch writes, "Apple reported EPS of $7.79...
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A Peek Into The Market Before The Trading Starts
Wednesday, July 20, 2011 - 7:44am | 375Pre-open movers US stock futures are higher this morning, after strong earnings from Apple Inc (NASDAQ: AAPL). Futures on the Dow Jones Industrial Average surged 65 points to 12,572.00 and futures on the S&P 500 stock index rose 7.40 points to 1,328.60. Nasdaq 100 futures gained 22.75 points to...
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JP Morgan Raises PT on Apple To $525
Wednesday, July 20, 2011 - 7:22am | 26JP Morgan has raised the price target on Apple (NASDAQ: AAPL) from $450 to $525 and maintains its Overweight rating.