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Fusion-IO Is A Runaway Freight Train
Tuesday, June 28, 2011 - 10:24am | 175Fusion-IO, Inc. (NYSE: FIO) shares have been soaring since the middle of June, up approximately 75% since June 17, and today is no different. Shares started the session solidly in the red, but have since recouped all of those losses, and are now solidly higher. At last check, shares of Fusion-IO...
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Wedbush Raises NCR Estimates
Tuesday, June 28, 2011 - 8:28am | 42Wedbush is raising its estimates on NCR (NYSE: NCR). “Raising 2012 estimates to $1.80 from $1.79 and shifting earnings to Q2 from Q4 to reflect current share gains at higher margins,” Wedbush writes. NCR closed Monday at $18.24.
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BMC Reiterates Buy and PT of $19 on Dell
Tuesday, June 28, 2011 - 8:11am | 56BMC reiterated its Buy rating on Dell (NASDAQ: DELL). At the same time, BMC left its price target on the company's stock unchanged at $19. On Monday, Dell added 0.06% to its value to finish the day at $15.94. Its shares continued to climb higher in today's pre-market trading, rising 0.69% to $16.05...
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To The Cloud: First Trust To Introduce First Cloud-Computing ETF
Tuesday, June 28, 2011 - 12:55am | 342First Trust, the Illinois-based ETF issuer with 59 funds on the market and over $8.2 billion assets under management, filed plans with the Securities and Exchange Commission to introduce the First Trust ISE Cloud Computing Index Fund. The ETF will track the ISE Cloud Computing Index and trade on...
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Apple 4G not seen until 2012
Monday, June 27, 2011 - 6:49pm | 71Sterne Agee said Apple's (AAPL) anticipated 4G version iPhone likely won't debut this year, in part due to battery issues. Instead, Apple will likely roll out another 3G iPhone this fall and upgrade to a 4G network in 2012. The analyst firm also doesn't expect a new iPad tablet until 2012....
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Microsoft Soaring Today
Monday, June 27, 2011 - 2:18pm | 111When was the last time Microsoft Corporation (NASDAQ: MSFT) moved 4% in a day? It does seem like forever, but today we're seeing Mr. Softy move more than 4% on heavy volume, more than 52 million shares. As such, the Dow, NASDAQ, and S&P 500 are near session highs. Microsoft is a component...
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Biggest Stock Market Level In Years Still Holds
Monday, June 27, 2011 - 12:19pm | 161The markets are hanging on to the side of the cliff. They are unwilling to break and that is saving investors from an ugly death spiral. Last week I discussed a major trend line that starts at the pivot low from May 2009. If you connect it to the lows of 2010, the trend line extends to the recent...
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Mondays Mid-Day Options Volume Leaders
Monday, June 27, 2011 - 12:11pm | 85Here are today's mid-day options volume leaders… 1. Bank of America (NYSE: BAC) 97,850 contracts, 60.7% calls, 39.3% puts 2. Apple Inc. (NASDAQ: AAPL) 96,719 contracts, 55.5% calls, 44.5% puts 3. Microsoft Corp. (NASDAQ: MSFT) 55,021 contracts, 78.1% calls, 21.9% puts 4. General Electric Co. (NYSE...
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Stock Markets Bounce Back
Monday, June 27, 2011 - 12:02pm | 185The stock market is solidly higher today on the back of a weaker Dollar. The SPDR S&P 500 ETF (NYSE: SPY) is trading at $127.47, +0.66 (+0.52%) while the PowerShares DB US Dollar Index Bullish (NYSE: UUP) is trading at $21.55, -0.08 (-0.39%). It looks like the July 4th holiday may already be...
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Market Bounces Off 200-Day
Monday, June 27, 2011 - 10:49am | 303They tried to push the S&P's down off the open, but again that $126.60 area held yet again on the SPDR S&P 500 ETF (SPY). The stocks that lead last Thursday's reversal all were too strong to let the market break down. These stocks are acting well early. Apple Inc. (AAPL), Amazon.com, Inc. (...
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Morgan Stanley Reiterates Overweight on Apple
Monday, June 27, 2011 - 8:08am | 55Morgan Stanley reiterated its Overweight rating on Apple (NASDAQ: AAPL). At the moment, Morgan Stanley has a price target of $428 placed on the company's stock. On Friday, Apple lost 1.47% of its value to finish the day at $326.35. Its shares rebounded in today's pre-market trading, however, rising...
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Goldman Sachs Provides Color on Hardware Technology
Monday, June 27, 2011 - 7:56am | 147Goldman Sachs provided color on the hardware technology sector. In a research report published today, Goldman states, “The IT hardware group outperformed the S&P 500 this week, though it underperformed versus the GS TMT Index. Our coverage universe was up 1.3% versus a 0.2% decline in the S...
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Deutsche Bank Updates 6/27
Monday, June 27, 2011 - 6:42am | 237Deutsche Bank made a number of updates in a research report published today. PGT Inc (NASDAQ: PGTI) had its rating maintained at Buy and its price target reiterated at $3.50. On Friday, PGT added 7.18% to its value to finish the week at $1.94. Cliffs (NYSE: CLF) had its rating maintained at Buy...
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Top 4 Small-Cap Stocks In The Business Equipment Industry With The Lowest PEG Ratio
Monday, June 27, 2011 - 12:07am | 117Below are the top small-cap business equipment stocks on the NYSE and the NASDAQ in terms of PEG ratio Coinstar Inc (NASDAQ: CSTR) has a PEG ratio of 0.70. CSTR's trailing-twelve-month revenue is $1.54 billion. PAR Technology Corporation (NYSE: PAR) has a PEG ratio of 1.04. PAR's trailing-twelve-...
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Who is Apple Crushing Seven to One?
Friday, June 24, 2011 - 2:43pm | 134When Apple (NASDAQ: AAPL) isn't stuck in litigation, it can rest easy knowing that it has kicked the tar out of Hewlett-Packard (NYSE: HPQ). Cult of Mac has the full scoop, including a detailed analysis explaining how Apple is able to make more money selling one Mac than HP makes selling seven...