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Eric Schmidt and Lady Gaga Invest in Social Media Startup
Tuesday, June 7, 2011 - 11:23am | 164Google (NASDAQ: GOOG) chairman Eric Schmidt and pop diva Lady Gaga reportedly are among investors in Backplane, a new startup co-founded by Lady Gaga's business manager Troy Carter. The social media platform will power online communities around specific interests, such as sports teams and musicians...
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OCZ Technology Group Gives Back Gains As Stevie Cohen Enters Fray
Tuesday, June 7, 2011 - 11:14am | 181OCZ Technology Group Inc. (NASDAQ: OCZ) has been the subject of much press recently, as it was featured negatively on a Seeking Alpha post a few weeks ago. The post essentially said that OCZ Technology was essentially a fraud, and the stock got crushed that day, losing nearly 20%. Well fast...
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Red For Market Leaders
Tuesday, June 7, 2011 - 9:38am | 111Despite the green on your screen, there is blood on the leaders, which is never a good sign for the rest of the day. Names like Apple (NASDAQ: AAPL), Netflix (NASDAQ: NFLX), salesforce.com (NYSE: CRM) and Green Mountain Coffee (NASDAQ: GMCR) are solidly red this morning. This could be an...
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Morgan Keegan Views iOS 5 as a "Highly Significant" Upgrade for Apple
Tuesday, June 7, 2011 - 9:28am | 81Morgan Keegan views iOS 5 as a “highly significant upgrade,” the researcher said in a report today, “as it begins Apple's (NASDAQ: AAPL) transition from a Mac-centric company to a cloud-centric company.” “In many respects Apple is playing catch up in certain aspects of iOS (OTA software updates,...
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Jefferies Anticipates Fall iCloud Announcement Relating to Video
Tuesday, June 7, 2011 - 8:41am | 103Jefferies reports that, as expected, Apple's (NASDAQ: AAPL) keynote at WWDC focused on “software and cloud services with mostly me-too capabilities announced.” “We expect this to be Apple's first round of cloud service announcements with round two in the Fall (likely focused on video) and round...
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Citigroup Reports on Apple
Tuesday, June 7, 2011 - 8:35am | 148Citigroup commented on Apple (NASDAQ: AAPL) in a report released yesterday. In the report, Citigroup was positive in its assessment of the company. Citigroup writes, "Apple previewed several significant new products during the opening keynote of this week's Worldwide Software Developers'...
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Credit Suisse Reiterates Outperform Rating On Apple
Tuesday, June 7, 2011 - 8:34am | 102According to Credit Suisse, Apple (NASDAQ: AAPL) Outperform rating is reiterated. Credit Suisse said that it believes that through the new iCloud service and its iOS/Mac OS refresh, Apple will be able to continue to differentiate and innovate versus competition. “We believe this will allow for...
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J.P. Morgan Not Wowed by Apple Showing at WWDC
Tuesday, June 7, 2011 - 8:29am | 166There was no “wow” factor from Apple (NASDAQ: AAPL) at WWDC, J.P. Morgan reports, but notes that iCloud and other improvements are likely to keep the company ahead of the pack. “At WWDC, we think that Overweight-rated Apple introduced enough software improvements to sustain its thrust of providing...
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Bank of America Reiterates Buy on Teradata Corporation
Tuesday, June 7, 2011 - 8:24am | 155Bank of America reiterated its Buy rating on Teradata Corporation (NYSE: TDC). In a research report published today, Bank of America reiterated its belief in the company's strength. The report states, "Teradata remains a leader and scarce resource in the under-penetrated EDW market and one of...
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Goldman Sachs Comments on Apple
Tuesday, June 7, 2011 - 8:21am | 138Goldman Sachs commented on Apple (NASDAQ: AAPL) in a report released yesterday. In the report, Goldman Sachs was positive in its assessment of the company. Goldman Sachs writes, "Apple's cloud introduction and iOS 5 refresh effectively eliminate the need for a PC or Mac hub for iOS devices. We...
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Bank of America Provides Color on Apple's WWDC Announcements
Tuesday, June 7, 2011 - 8:18am | 129According to a recent report from Bank of America, Apple (NASDAQ: AAPL) introduced the iCloud at the Worldwide Developer Conference (WWDC) as expected. The iCloud apps include iTunes in the Cloud and Photo Stream. At the conference, Apple also introduced iTunes Match and announced the Mac OS X Lion...
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Sterne Agee Comments On Apple Announcements
Tuesday, June 7, 2011 - 8:07am | 93According to Sterne Agee, Apple (NASDAQ: AAPL) unveiled new versions of software and services for its iOS and Mac OS X platforms. Sterne Agee said that while some investor focus will be on this as a one-day catalyst, we believe these announcements have longer-term ramifications. “Like Steve Jobs...
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HP Awarded Contract by U.S. Air Force for Printers, Supplies and Services
Tuesday, June 7, 2011 - 7:45am | 211HP (NYSE: HPQ) today announced it has been competitively awarded a purchase agreement by the U.S. Air Force. As part of the USAF Information Technology Commodity Council Semi-Annual Enterprise Buy for Digital Printing and Imaging capabilities (DPI-10B), which is a blanket purchase agreement...
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Oppenheimer Discusses Apple's iCloud
Tuesday, June 7, 2011 - 7:26am | 145Oppenheimer & Co. is out with a note on Apple (NASDAQ: AAPL) and its announcement of iCloud. In a note to clients, Oppenheimer writes, "Apple's cloud (or Internet) based music service called iTunes will launch this fall. The service allows users to download music purchased on all devices...
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What Two Stocks Have Had Dividend Increases for Over 55 Years?
Monday, June 6, 2011 - 11:43pm | 504What better indication of corporate strength than long term increasing dividends. There are actually about a hundred publicly traded companies with a track record of increasing dividends for 25 years or more. But when looking back beyond 55 years, only two make the cut and both have yields in...