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Bank Of America Raises Revenue On Apple
Friday, July 15, 2011 - 7:45am | 92According to Bank of America, Apple (NASDAQ: AAPL) revenue is raised. Bank of America said that it is raising its revenue and already above consensus EPS estimates on better-than-expected iPhone and iPad sales. “Continued strength in iPhone and iPad demand, favorable component pricing, and...
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Piper Jaffray Maintains Stance on Apple
Friday, July 15, 2011 - 7:21am | 123PiperJaffray has published a report on Apple (NYSE: AAPL) maintaining the previous evaluation of the company's performance. According to PiperJaffray, "We remain comfortable in our iPhone estimates for the June quarter (16m units) and through 2012. Last night Google announced Android activated...
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Jefferies Expects Strong CQ2 for Apple
Friday, July 15, 2011 - 7:16am | 121Jefferies has published a report on Apple (NYSE: AAPL) raising estimates for CQ2. In the report, Jefferies states, "We maintain our above consensus estimates of 4.1M Macs (St 4.0M) and 8.0M iPads (St 7.9M). Despite chatter about a pending Macbook Air refresh, we believe volumes were strong. Even...
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Goldman Sachs Raises PT On Apple To $485
Friday, July 15, 2011 - 7:03am | 26Goldman Sachs has raised the price target on Apple (NASDAQ: AAPL) from $470 to $485 and maintains its CL-Buy rating.
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Bank of America Raises PO On Apple To $490
Friday, July 15, 2011 - 6:25am | 27Bank of America has raised the price objective on Apple (NASDAQ: AAPL) from $465 to $490 and maintains its Buy rating.
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Fast Money Picks For July 15th (QCOM, DELL, MCD, CROX, VCLK, YHOO)
Thursday, July 14, 2011 - 7:46pm | 250On CNBC's Fast Money, Stephen Weiss said that he wants to buy QUALCOMM, Inc. (NASDAQ: QCOM) on Friday. QUALCOMM, Inc. (QCOM) fell 2.09%, and closed at $54.92. Mike Khouw thinks that you should take a short position in Dell Inc. (NASDAQ: DELL) tomorrow. Dell Inc. (DELL) gained 0.97%, and closed at...
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Worried About The Markets? Pick Up A Pack Of Smokes
Thursday, July 14, 2011 - 1:44pm | 742QE3 is on. QE3 is off. Europe is solved. Europe is not solved. It's enough to make anyone drink and smoke, and picking up some tobacco stocks right now could prove to be profitable as money has to flow somewhere, and it will flow where it's treated best: the 2 pack a day habit. Smoking has...
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Thursday's Mid-Day Options Volume Leaders
Thursday, July 14, 2011 - 12:24pm | 84Here are today's mid-day options volume leaders… 1. Apple Inc. (NASDAQ: AAPL) 176,504 contracts, 52.8% calls, 47.2% puts 2. JP Morgan Chase (NYSE: JPM) 129,214 contracts, 68.5% calls, 31.5% puts 3. General Electric Co. (NYSE: GE) 70,870 contracts, 32.2% calls, 67.8% puts 4. ConocoPhillips (NYSE:...
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Financial Headlines... and What They Mean
Thursday, July 14, 2011 - 11:58am | 632By Todd Harrison There's a lot going on as we edge through the summer heat, and it's easy to be confused by the headlines coming at us from all directions. As such, in an effort to demystify some of these confusing crosscurrents, we'll delve into the bigger stories that are making news. In no...
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Active Screen - CANSLIM: Top 8 for July 14th
Thursday, July 14, 2011 - 11:35am | 1466There was no change in the top-8 qualifying stocks from June 28th. The CANSLIM stock screener settings employed were: Top of the list remained Apple (AAPL). It continued its rally off channel support, not pausing as it broke through channel resistance. It is currently knocking at the door of the...
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Spotify Comes to America With Invite-Only Freebie; If You Want it Now, You Might Have to Pay
Thursday, July 14, 2011 - 9:33am | 434Spotify, the long-awaited, over-hyped streaming music service, has finally come to the United States. While its arrival has been promoted all week via YouTube (NASDAQ: GOOG), Spotify waited until today to open its doors to American music listeners. Upon visiting Spotify.com, users will be greeted...
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Scotia Capital Has Sector Perform On Apple
Thursday, July 14, 2011 - 8:34am | 107Scotia Capital is out with a research report on Apple (NASDAQ: AAPL), and has a Sector Perform on shares. It has a 1 year price target of $410. Apple is scheduled to report earnings on July 19. In the note, Scotia Capital writes, "We believe Apple will deliver solid results over the next few...
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JP Morgan More Confident in Broadcom Estimates Following Higher iPhone/iPad Forecasts
Thursday, July 14, 2011 - 8:09am | 136“The increases to iPhone and iPad shipment forecasts by J.P. Morgan's IT Hardware analyst potentially poses incremental upside to Broadcom's (NASDAQ: BRCM) connectivity revenues and adds fuel to our conviction that BRCM is facing a positive product cycle in the 2H of this year and beyond,” JP...
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DirecTV and DISH Network Still Racing Higher
Thursday, July 14, 2011 - 8:03am | 501In the wake of news of Netflix's (NASDAQ: NFLX) price increase, satellite TV providers DirecTV (NASDAQ: DTV) and DISH Network (NASDAQ: DISH) reached new 52-week highs of $53.40 and $32.56 per share, respectively, in Wednesday's trading session. DirecTV has an active share buyback program, and...
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FBN Reiterates Outperform on Dell
Thursday, July 14, 2011 - 7:56am | 29FBN reiterated its Outperform rating on Dell (NASDAQ: DELL). On Wednesday, DELL lost 0.12% of its value to finish the day at $16.53.