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Does his Cancer Make Hugo Chavez the Steve Jobs of Venezuela?
Tuesday, July 5, 2011 - 9:07am | 524Venezuelan President Hugo Chavez is back in his homeland after a stay in Cuba to receive treatment for an unspecified form of cancer. Chavez arrived just in time for Venezuela's July 5 Independence Day celebrations, although his role may be limited somewhat by his recent surgery to remove cancer...
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Benzinga's Top Pre-Market NASDAQ Losers
Tuesday, July 5, 2011 - 8:17am | 95Allot Communications Ltd (NASDAQ: ALLT) dipped 5.95% to $16.90 in the pre-market session. ALLT's trailing-twelve-month ROE is -5.72%. Huntington Bancshares Incorporated (NASDAQ: HBAN) dropped 0.60% to $6.59 in the pre-market trading. HBAN's PEG ratio is 1.85. Teva Pharmaceutical Industries...
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Apple "Back to School" Sale Beating Microsoft Eight to Two
Tuesday, July 5, 2011 - 7:47am | 197Despite the fact that Microsoft (NASDAQ: MSFT) is offering an entire Xbox 360 with the purchase of a $700 Windows PC, Apple (NASDAQ: AAPL) is beating the company eight to two in the area of back to school sales. That's according to Global Equities Research, which released a report on the matter...
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UPDATE: Global Equities Research Color on Apple Price Target; Apple Promo Beating Microsoft Eight to Two
Tuesday, July 5, 2011 - 7:30am | 155Global Equities Research, which maintains its $400 PT on shares of Apple (NASDAQ: AAPL), is providing some color on the stock. “Apple Back to School sale off to a strong start beating Microsoft 8 to 2,” Global Equities Research writes. “Our research indicates that ~80% of incoming students are...
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Global Equities Reiterates PT of $400 on Apple
Tuesday, July 5, 2011 - 6:26am | 45Global Equities reiterated its price target of $400 on Apple (NASDAQ: AAPL). On Friday, Apple added 2.26% to its value to finish the week at $343.26. Its shares lost some of Friday's gains in today's pre-market trading, however, falling 0.32% to $342.15.
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Zings Of The Day July 1, 2011
Friday, July 1, 2011 - 3:28pm | 215The U.S. International Trade Commission essentially shot down a case by Eastman Kodak Co. (NYSE: EK), saying Apple (NASDAQ: AAPL) and Research in Motion (NASDAQ: RIMM) did not infringe on patents from Eastman Kodak. Maybe they should have called Bill Cosby. He would've known what to do. Apple...
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Wedbush Reiterates NCR Outperform
Friday, July 1, 2011 - 1:41pm | 69Wedbush reiterated its NCR (NYSE: NCR) Outperform rating in a research report published today. Wedbush has previously given NCR a $27 price target. IN the report, Wedbush states, "We believe NCR remains poised to exceed expectations as core ATM and Retail businesses see accelerating growth in 2011...
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TouchPad Pre-Orders are "Underwhelming"
Friday, July 1, 2011 - 12:50pm | 83Global Equities Research sent out a memo this morning regarding customer interest in Hewlett-Packard's (NYSE: HPQ) TouchPad tablet. “We did a quick check on the customer interest in HP Web OS-based TouchPad Wi-Fi with Tiger Direct and Best Buy (NYSE: BBY),” said Trip Chowdhry, Managing Director of...
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Friday's Mid-Day Options Volume Leaders
Friday, July 1, 2011 - 12:41pm | 83Here are today's mid-day options volume leaders… 1. Apple Inc. (NASDAQ: AAPL) 101,320 contracts, 48.0% calls, 52.0% puts 2. Las Vegas Sands (NYSE: LVS) 75,991 contracts, 86.0% calls, 14.0% puts 3. Eastman Kodak (NYSE: EK) 67,748 contracts, 61.4% calls, 38.6% puts 4. General Electric (NYSE: GE) 56,...
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4 Signs that the U.S. Economy Is Set for a Strong Second Half of 2011
Friday, July 1, 2011 - 12:39pm | 815Moving into the latter half of 2011, you might be surprised to learn that the Dow Jones is still performing well, and many analysts anticipate continued U.S. economic growth. Fears of a double dip recession are waning, and some economists have forecasted that the last six months of 2011 will be...
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Will Wall Street Ever Be the Same?
Friday, July 1, 2011 - 10:27am | 753By Todd Harrison The leaders coming out won't be the same as the leaders we're used to. The Wall Street Journal had an interesting article yesterday entitled Wall Street Turns the Gun on Itself, and I would like to add some observations from my perch. We've seen a seismic shift in the DNA of...
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Apple and RIM Prevail Over Rivals in Nortel Patent Auction
Friday, July 1, 2011 - 6:09am | 255Apple (NASDAQ: AAPL) and Research in Motion (NASDAQ: RIMM) are part of a winning consortium of technology companies that successfully bid on the mobile patent portfolio of bankrupt telecommunications company Nortel Networks. Nortel, which went bankrupt in 2009, has an expansive list of tech...
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Stocks to Watch for 07/1/11: Fresh 52 Week Highs and Lows
Friday, July 1, 2011 - 4:16am | 2869Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels. The following stocks hit new 52-week highs in Thursday's trading session: 1) Walter Investment Company (NYSE: WAC): Shares of Walter Investment hit a 52-week...
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Previewing Amazon's Tablet Rollout
Thursday, June 30, 2011 - 3:18pm | 548According to multiple sources, Amazon.com (NASDAQ: AMZN) is likely looking to ship as many as 1.5 million to 2 million of its self-branded Android operated tablets when the device debuts in September. Furthermore, the company may ship as many as 4 million by the end of 2011. The effort may be the...
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Bull & Bear: International Business Machines
Thursday, June 30, 2011 - 2:57pm | 220Shares of International Business Machines Corporation (NYSE: IBM) are trading higher on the session by 0.52%, at $171.43. With the recent run higher in shares, you have to wonder where they are heading next… Bulls: Bulls will note that International Business Machines Corporation is now poised to...