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The Gold Rush Is Over For Now, However, It Will Be Back
Wednesday, August 24, 2011 - 3:00pm | 545Anyone one that knows anything about the ebb and flow of the markets knows that gold was severely overbought. Therefore, it is simply time for gold to pullback or even have a meaningful correction at this time. After all, gold has outperformed every asset class over the past 10 years. In 2001, gold...
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Is Apple Going to Conquer Europe Too?
Wednesday, August 24, 2011 - 11:10am | 379Apple (NASDAQ: AAPL) and Samsung are butting heads in Europe over their new high-end cell phones. The Samsung Galaxy II is supposedly the iPhone's first true competitor. However, Apple is attempting to ban its sale in Europe, citing the fact that the Galaxy II is similar to the iPhone. To...
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Couldn't Get a $99 HP TouchPad? Buy This Hulu-Playing Vizio Tablet Instead
Wednesday, August 24, 2011 - 10:34am | 225If the $499 iPad 2 is too expensive for your tastes, Vizio has a lower-cost solution – now with Hulu Plus support. Vizio is bragging today that it has produced the first Android tablet that can play Hulu Plus. Simply referred to as the Vizio 8" Tablet, Business Insider reports that this $299 iPad...
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Is This The First Time Apple Has Ever Been Wrong?
Wednesday, August 24, 2011 - 10:13am | 630It seems like Apple (NASDAQ: AAPL) can do no wrong, from iPods, to iPhones, to iPads. Everything the company does turns to gold. AppleInsider is reporting that Apple is a backer of having an overseas profit tax holiday for U.S. companies. There is an estimated $1.5 trillion in cash overseas on...
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The Next E-Book Evolution: Soundtracks for Novels
Wednesday, August 24, 2011 - 10:11am | 236This startup is attempting to bring a new dimension of audio to the books you read – at the pace you read them! Have you ever thought that books should have a soundtrack? No? That's because books were traditionally printed on paper, and paper doesn't have the ability to emit audio (not yet at...
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Financial Breakfast for August 24, 2011
Wednesday, August 24, 2011 - 6:42am | 521This is your Benzinga news summary and traders' outlook for Wednesday, August 24, 2011, covering headlines from overnight and Wednesday's pre-market session. Today in domestic pre-market trading, U.S equity futures are trading lower. At last check, Dow futures are down about 75 points and the U.S...
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A Peek Into The Market Before The Trading Starts
Wednesday, August 24, 2011 - 6:27am | 390Pre-open movers US stock futures are lower this morning, as investors are awaiting data on demand for durable goods. Futures for the Dow Jones Industrial Average dipped 99 points to 11,042.00 and S&P 500 index futures fell 10.60 points to 1,148.00. Nasdaq 100 futures dropped 18.50 points to 2,...
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Sprint to Carry iPhone 5 by Mid-October: WSJ
Wednesday, August 24, 2011 - 5:28am | 258Sprint Nextel (NYSE: S) will begin selling its own version of Apple's (NASDAQ: AAPL) popular iPhone by mid-October, the Wall Street Journal reported Wednesday, citing unnamed sources. The move would allow Sprint to become the third U.S. wireless provider to carry the iPhone. The device has been...
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Hewlett Packard: A Deep Value Silicon Valley Icon
Wednesday, August 24, 2011 - 2:49am | 517By now, HP's downfall has been well documented after it announced that it was going to get out of the PC business and seek to acquire Autonomy Corporation plc, the UK-based business intelligence software company, for ~$10 billion. The shuttering of the phone and tablet division it acquired from...
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Does Someone Know Something? Investors Buy Aggressively Ahead of Fed
Tuesday, August 23, 2011 - 3:38pm | 287The market continued its roller-coaster ride Tuesday, with the Nasdaq leading the charge up 4.3% on the day. When the market showed strength off the bat this morning for the first hour, that told me it was time to get "short" of the brain in the short-term, and starting looking for relatively...
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ARM Holdings Soaring On Takeover Rumors
Tuesday, August 23, 2011 - 2:17pm | 102ARM Holdings (NASDAQ: ARHM) shares are soaring today, gaining more than 8% on rumors the company could potentially be acquired. It was mentioned earlier that either Intel (NASDAQ: INTC) or Apple (NASDAQ: AAPL) could potentially be an acquirer of the British technology company. At last check,...
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Short-Term and Long-Term Setup in Apple (AAPL)
Tuesday, August 23, 2011 - 10:02am | 306I see two set-ups right now in Apple Inc. (AAPL): A micro set up within a macro pattern. I trade AAPL on every time frame. Recently it tried to sell off through its 50day moving average as most high beta names started to give up ground. IF you take a step back to look, AAPL held up very well...
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NCR Named Aruba Networks ServiceEdge Partner
Tuesday, August 23, 2011 - 8:15am | 66NCR Corporation (NYSE: NCR) announced that it has achieved ServiceEdge Partner status for Aruba Networks' wireless LAN solutions. This enables NCR to help telecom companies and system integrators on a global basis to meet growing demand for Aruba's ubiquitous wireless access solutions. ServiceEdge...
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The Long ARM Of The Law Of Portfolio Gains
Tuesday, August 23, 2011 - 8:07am | 744There is a rumor out there this morning that ARM Holdings (NASDAQ: ARMH) is up for sale. The stock is reacting positively this morning, up 5%, and ARM bulls might like the move, but it is not feasible. Morgan Stanley is out with a note this morning saying it does not believe ARM will get sold....
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Nintendo Shares Rise on September Event and 3DS Announcement Rumors
Tuesday, August 23, 2011 - 6:46am | 415It's like a benefit concert to save a dying species. In a move to prevent the Nintendo 3DS from becoming extinct, Nintendo (NTDOY) is rumored to be holding an event in Tokyo next month to announce new games and potential hardware modifications. Shares of the company rose more than eight percent on...