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Apple's App Store Downloads Top 15 Billion
Thursday, July 7, 2011 - 8:33am | 56Apple (NASDAQ: AAPL) today announced that over 15 billion apps have been downloaded from its revolutionary App Store™ by the more than 200 million iPhone®, iPad® and iPod touch® users worldwide. The App Store offers more than 425,000 apps and developers have created an incredible array of over...
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Amazon.com Permitted to Keep "Appstore" Name, Apple Injunction Request Denied
Thursday, July 7, 2011 - 7:34am | 42U.S. District Judge Phyllis Hamilton ruled Apple (NASDAQ: AAPL) has not established "a likelihood of confusion" with Amazon's (NASDAQ: AMZN) services to get an injunction.
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JP Morgan Raises PT On Diebold To $31.50
Thursday, July 7, 2011 - 6:36am | 26JP Morgan has raised the price target on Diebold (NYSE: DBD) from $30.50 to $31.50 and maintains its Underweight rating.
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Markets On Pause Until Job Report
Wednesday, July 6, 2011 - 3:36pm | 173This afternoon, the major stock indexes have traded sideways, to slightly higher, on extremely light volume. This is a holiday shortened trading week as markets in the United States were closed for the Independence Day holiday. Tomorrow, all eyes will be on the ADP payroll report. On Friday, the...
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How To Play Tomorrow's ECB Rate Announcement
Wednesday, July 6, 2011 - 2:26pm | 524The reason for the equity gains disappearing is here. According to the Wall Street Journal, the European Central Bank (ECB) is potentially considering laying off further rate hikes after tomorrow's expected rate hike, which is causing the Euro to have some weakness. According to Omer Esiner of...
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Apple iPhone Rumor Round-Up
Wednesday, July 6, 2011 - 1:38pm | 285It appears the daily news is centered on Apple (AAPL) and the rumors surrounding the next iPhone. Let's recap some of the goings on and see how they have affected the various players in the market place. Rumor 1 According to FBR Capital, Omnivision Technologies (OVTI) may have lost its socket...
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Wednesday's Mid-Day Options Volume Leaders
Wednesday, July 6, 2011 - 12:43pm | 85Here are today's mid-day options volume leaders… 1. Bank of America (NYSE: BAC) 194,955 contracts, 29.1% calls, 70.9% puts 2. Apple Inc. (NASDAQ: AAPL) 117,532 contracts, 59.1% calls, 40.9% puts 3. Cisco Systems (NASDAQ: CSCO) 68,793 contracts, 71.1% calls, 28.9% puts 4. The iShares Silver Trust (...
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Six Ways Apple Can Destroy Microsoft
Wednesday, July 6, 2011 - 12:36pm | 1098Yesterday, Global Equities Research revealed that approximately 80% of incoming students are buying new Macs in 2011. This leaves a paltry 20% of students who are snapping up Windows PCs, despite the wonderful gift Microsoft (NASDAQ: MSFT) is giving away. After pondering this for a moment, I...
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How to Trade Goldman Sachs and GSV Capital Ahead of Today's Big Facebook Announcement
Wednesday, July 6, 2011 - 12:07pm | 831There has been a ton of hype for what has been deemed an “awesome” new feature coming to Facebook this week. Whatever that feature is, the world won't have to wait much longer: the social networking giant is scheduled to make an announcement at 1:00 p.m. EDT today. The latest rumor suggests that...
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Tattletale! Apple Complains About Samsung, Seeks Help from the ITC
Wednesday, July 6, 2011 - 10:07am | 149Will these two lovebirds ever kiss and make up? I know that Apple (NASDAQ: AAPL) and Samsung are far from achieving the power-couple status attained by Nokia (NYSE: NOK) and Microsoft (NASDAQ: MSFT). But still, these two companies are already helping each other profit as business partners, so why...
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Diebold Renews $500M Credit Facility
Wednesday, July 6, 2011 - 9:33am | 87On June 30, 2011, Diebold, Incorporated (NYSE: DBD) entered into a $500 million credit facility agreement with certain credit relationship banks. This facility replaces a previous facility of approximately the same amount which was scheduled to expire in October 2012. The renewal improves...
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Sterne Agee Reiterates Buy on Apple
Wednesday, July 6, 2011 - 7:25am | 62Sterne Agee reiterated its Buy rating on Apple (NASDAQ: AAPL). At the moment, Sterne Agee has a price target of $460 placed on the company's stock. On Tuesday, Apple added 1.80% to its value to finish the day at $349.43. Its shares lost some of yesterday's gains in today's pre-market trading,...
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Fast Money Picks For July 6th (SLV, CVX, EEM, NFLX, AAPL, SLW)
Tuesday, July 5, 2011 - 8:00pm | 310On CNBC's Fast Money, Brian Kelly said that he would buy iShares Silver Trust (ETF) (NYSE: SLV) on Wednesday. iShares Silver Trust (ETF) (SLV) gained 4.94% today, and it closed at $34.63. Mike Khouw is bullish on Chevron Corporation (NYSE: CVX), and he wants to use options to get long. Chevron...
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What Is Zuckerberg's Big Facebook Surprise?
Tuesday, July 5, 2011 - 1:58pm | 561Rumors from Reuters suggest that perhaps the cool release is a combination of a long-awaited Facebook app for Apple's (NASDAQ: AAPL) iPad and unique application for photo-sharing on the iPhone. If so, the rumors seriously undercut the idea that Zuckerberg knows what awesome is. I've seen awesome....
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Markets Digest As Tech Stock Leaders Roar
Tuesday, July 5, 2011 - 12:14pm | 246The market is pausing today after one of the biggest week long rallies in history. The Dow Jones Industrial Average gained over 6% last week, its biggest one week gain since July 2009. Today, the SPDR S&P 500 ETF (NYSE: SPY) is trading at $133.52, -0.40 (-0.30%). Volume is extremely light as...