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Citi Reiterates Buy on Dell
Wednesday, June 29, 2011 - 10:01am | 42Citi reiterated its Buy rating on Dell (NASDAQ: DELL). At the moment, Citi has a price target of $20 placed on the company's stock. In today's trading, Dell lost 0.12% of its value to trade around $15.99.
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IBM Teams With CPFL to Create a Smarter Energy Network in Brazil
Wednesday, June 29, 2011 - 9:31am | 214In conjunction with the semi-annual Global Intelligent Utility Network Coalition meeting, IBM (NYSE: IBM) today announced its collaboration with CPFL Energia Holdings (NYSE: CPFL), the largest privately owned energy provider in Brazil, to make its energy networks more efficient and resilient....
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IBM Continues to Advance Smart Grid Developments in Korea
Wednesday, June 29, 2011 - 9:30am | 68IBM (NYSE: IBM) today announced its collaboration with Korea Electric Power Company (KEPCO), on the building of the Total Operations Center at the Jeju Smart Grid Test-Bed Demonstration Complex. The center will allow the 160 companies and 11 consortia members operating at the Jeju Complex to...
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JP Morgan Reiterates Underweight on Dell
Wednesday, June 29, 2011 - 8:54am | 25JP Morgan reiterated its Underweight rating on Dell (NASDAQ: DELL). On Tuesday, Dell finished the day at $16.01.
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BMC Maintains Buy on Dell
Wednesday, June 29, 2011 - 8:14am | 136BMC is out with its report today on Dell (NASDAQ: DELL), maintaining Buy. In a note to clients, BMC writes, "We feel incrementally bullish on our Buy rated Dell call after spending the evening with management. Overall, we believe revenue is tracking within Dell's updated FY11 guidance of 5% - 9% (...
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Bank of America Merrill Lynch Maintains Buy on Dell
Wednesday, June 29, 2011 - 7:34am | 100Bank of America Merrill Lynch is out with its report today on Dell (NASDAQ: DELL), maintaining Buy. In a note to clients, Bank of America Merrill Lynch writes, "We believe low investor sentiment, compressed valuation, possible enterprise refresh, and likely positive EPS revisions, position the...
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US Stock Futures Up; All Eyes On Greek Vote, Home Sales Data
Wednesday, June 29, 2011 - 6:16am | 397US stock futures are higher this morning, as investors are awaiting results from General Mills (NYSE: GIS) and home-sales data. The Greek parliament is scheduled to vote on the austerity measures. Futures on the Dow Jones Industrial Average surged 19 points to 12,160.00 and futures on the S&P...
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Microsoft, Intel, Cisco (MIC) - Can The Troika Grow Again? (Part 1)
Wednesday, June 29, 2011 - 4:26am | 739Microsoft (NASDAQ: MSFT), Intel (NASDAQ: INTC), and Cisco Systems (NASDAQ: CSCO), once the darlings of Wall Street, had all fallen out of favor. Even though they have protected their turfs well, and are piling cash into their companies quarter after quarter, their stocks had languished for an...
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Stocks To Watch For June 29
Wednesday, June 29, 2011 - 12:38am | 292Some of the stocks that may grab investor focus today are: Wall Street expects Monsanto Co (NYSE: MON) to report its Q3 EPS at $1.11 on revenue of $3.38 billion. MON shares rose 0.88% to $67.49 in the after-hours trading session. Dell Inc (NASDAQ: DELL) announced its plans to repurchase more than...
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Dell
Tuesday, June 28, 2011 - 6:39pm | 30Dell (DELL) has repurchased $1.6 bil in stock this year and expects to repurchase a total of more than $2 bil during the current fiscal year ending in Jan. It edged up.
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GrafTech Appoints Lindon G. Robertson as CFO
Tuesday, June 28, 2011 - 4:04pm | 83GrafTech International Ltd. (NYSE: GTI) today announced the appointment of Lindon G. Robertson as Vice President and Chief Financial Officer effective July 18, 2011. Mr. Robertson joins GrafTech from IBM Corporation (NYSE: IBM), where he has had a twenty-seven year career in finance and...
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Apple TV Set Speculation Heats Up
Tuesday, June 28, 2011 - 3:56pm | 180Just when you thought it was safe to assume that Apple (NASDAQ: AAPL) wouldn't release its own television sets, a prominent analyst has given support to the idea that Apple will design and release its own TVs. “What Apple does really well is put everything into one box,” Gene Munster, the famous...
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Final Cut Pro X: Still Hated, Still Being Mocked
Tuesday, June 28, 2011 - 2:40pm | 123Final Cut Pro X, AKA the Apple (NASDAQ: AAPL) editing disaster that everyone loves to make fun of, is getting mocked once more with this hilarious video inspired by The Social Network: v/VXepNCs_iZo Source: Business Insider Follow me @LouisBedigian
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Alert: Stock Market May Fade Ahead Of Greek Vote
Tuesday, June 28, 2011 - 11:28am | 193The markets have floated higher today on the back of a slowly weakening U.S. Dollar. The SPDR S&P 500 ETF (NYSE: SPY) is trading at $129.06, +1.12 (+0.88%). The markets have just put in an intra day topping tail. A topping tail is a bearish signal as it usually signals a reversal. In addition...
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Tuesday's Mid-Day Options Volume Leaders
Tuesday, June 28, 2011 - 11:26am | 85Here are today's mid-day options volume leaders… 1. Apple Inc. (NASDAQ: AAPL) 110,045 contracts, 59.0% calls, 41.0% puts 2. Bristol Myers Squibb Co. (NYSE: BMY) 62,915 contracts, 94.5% calls, 5.5% puts 3. Bank of America (NYSE: BAC) 61,112 contracts, 56.7% calls, 43.3% puts 4. Citigroup Inc. (NYSE...