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Research in Motion Falls 4%
Friday, June 24, 2011 - 2:30pm | 112Shares of Research in Motion (NASDAQ: RIMM) are down another 4% on Friday after managing a dead cat bounce earlier in the week. Despite today's steep losses, the stock is still up a little more than 3% in the last 5 trading days. RIMM has lost an incredible 51% in just the last 6 months, as the...
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Hewlett Packard to Release 7-Inch Tablet PC, According to Sources
Friday, June 24, 2011 - 2:26pm | 95Inventec, a major contract manufacturer of personal computers in Taiwan, has receieved an order from Hewlett Packard (NYSE: HPQ) for a 7-inch tablet PC according to Taiwan Economic News. This article may include mentions of rumors, chatter, or unconfirmed information. Readers should beware that...
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Research In Motion – Ripe For The Picking?
Friday, June 24, 2011 - 12:30pm | 249Fox Business is reporting today that Research In Motion (NASDAQ: RIMM) could be preparing itself for takeover bids. The vultures are certainly circling, with RIMM falling alarmingly away for the $80 billion it was worth just three years ago. Marisa Conway, account director at Brodeur Partners, told...
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Friday's Mid-Day Options Volume Leaders
Friday, June 24, 2011 - 12:25pm | 85Here are today's mid-day options volume leaders… 1. Apple Inc. (NASDAQ: AAPL) 162,980 contracts, 56.8% calls, 43.2% puts 2. Williams Companies Inc. (NYSE: WMB) 83,055 contracts, 64.1% calls, 35.9% puts 3. Oracle Corp. (NASDAQ: ORCL) 73,778 contracts, 60.9% calls, 39.1% puts 4. Bank of America (...
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Apple Off Highs As Stocks Move Lower
Friday, June 24, 2011 - 10:07am | 61Apple Inc. (NASDAQ: AAPL) shares were up around 1% earlier this morning, but have since given up all of their gains, and as such, the broader markets have continued to weaken this morning. At last check, shares of Apple were lower by 13 cents to $331.10, a loss of 0.04%. Shares had touched $333.15...
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A Peek Into The Market Before The Trading Starts
Friday, June 24, 2011 - 7:22am | 428Pre-open movers US stock futures are higher this morning, as investors are awaiting the third release of US Q1 gross domestic product and data on May durable-goods orders. Futures on the Dow Jones Industrial Average surged 20 points to 11,996.00 and futures on the S&P 500 stock index rose 1.80...
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Mad Money Lightning Round: Cramer Likes Apple, Freeport McMoRan
Friday, June 24, 2011 - 12:54am | 228On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Apple (NASDAQ: AAPL) “appears to have recently bottomed at $310 a share. It sells at just three times cash. I believe that Apple can go higher." Cramer said that he “did a huge mea culpa on Oclaro (NASDAQ: OCLR).” He added, “I...
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Despite Sell-Off, Plenty Of High-Beta Stocks In The Green
Thursday, June 23, 2011 - 12:32pm | 117Despite Thursday's huge sell off, which has sent the Dow Jones Industrial Average nearly 200 points lower, there are plenty of high beta names that are solidly positive. This could suggest that a potential rally is in the cards this afternoon. Names such as Baidu.com (NASDAQ: BIDU), Apple (NASDAQ...
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Key Technology Stocks Bucking Sharp Market Sell
Thursday, June 23, 2011 - 12:32pm | 201Some major leading technology stocks are moving to the upside even though the markets are getting slammed. These stocks have been up all day long and are known as leaders in their group. First, from the start of the day Apple Inc. (NASDAQ: AAPL) was positive. It has slowly inched higher even in the...
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Thursday's Mid-Day Options Volume Leaders
Thursday, June 23, 2011 - 12:26pm | 85Here are today's mid-day options volume leaders… 1. Apple Inc. (NASDAQ: AAPL) 186,328 contracts, 50.4% calls, 49.6% puts 2. Bank of America (NYSE: BAC) 149,728 contracts, 46.3% calls, 53.7% puts 3. Fifth Third Bancorp (NYSE: FITB) 68,387 contracts, 50.0% calls, 50.0% puts 4. Bristol Myers Squibb (...
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At Least We Still Have Apple (AAPL)
Thursday, June 23, 2011 - 11:36am | 752Stocks reversed a strong move higher yesterday. And while we haven't been looking for a convincing rally to kick off until we get some clarity on 2Q corporate earnings and outlooks for the rest of the year, yesterday's reversal was a perfect example of the indecision and...
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Did A Picture Of Tim Cook Just Make Apple A Screaming Buy?
Thursday, June 23, 2011 - 10:09am | 441Today's down down in Apple may be just the screaming buying opportunity you need. Apple (NASDAQ: AAPL) COO and acting CEO Tim Cook was spotted at China Mobile (NYSE: CHL) headquarters recently. Cook was spotted with a few executives and he looked happy at China Mobile headquarters. So why else...
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J. P. Morgan Provides Color on Dell, Underweight
Thursday, June 23, 2011 - 8:54am | 145J.P. Morgan provided color on Dell (NASDAQ: DELL). In a research report published today, J.P. Morgan stressed that Dell has some catching up to do. In the report, J.P. Morgan states, "we expect large cap tech companies such as Cisco, Dell, and Hewlett- Packard to make increasing organic and...
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A Peek Into The Market Before The Trading Starts
Thursday, June 23, 2011 - 7:33am | 379Pre-open movers US stock futures are lower this morning, after the Federal Reserve lowered its outlook for US economic growth. Futures on the Dow Jones Industrial Average dipped 51 points to 11,972.00 and futures on the S&P 500 stock index fell 7.10 points to 1,272.70. Nasdaq 100 futures...
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Auriga Reiterates Buy on Dell
Thursday, June 23, 2011 - 6:38am | 158Auriga reiterated its Buy rating on Dell (NASDAQ: DELL) ahead of the company's analyst day, which will be held on June 28 and 29. In a research report published today, Auriga states, "We continue to believe Dell can grow its top-line roughly in-line with overall IT spending as it transforms...