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News Summary for May 31, 2011
Tuesday, May 31, 2011 - 8:23am | 400This is your morning news summary and trader's outlook from Benzinga for Tuesday, May 31, 2011, covering the Memorial Day weekend and Tuesday's pre-market session. Stock index futures are trading slightly higher this morning as traders await home prices data and consumer confidence reports. Higher...
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Why I'm Leaving Windows for Mac
Friday, May 27, 2011 - 1:32pm | 961I've never owned a Mac. Though I've seen them from afar – one has always been within reach at work or at school – I've never been tempted to buy one aside from the indelible lure of using Final Cut Pro. The reason isn't so much a dislike for Apple products as it is a preference for the Windows...
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Google, Square, and Banks Venture Into Mobile Payments, but Which Delivers Best Experience?
Friday, May 27, 2011 - 12:21pm | 552By Professor Pinch Recently, I got turned on to Rohit Bhargava. He has a book that will be coming out called Likeonomics.The premise is pretty simple. I took this straight off the Likeonomics website: Likeonomics is a term that explains the new affinity economy where the most likeable people,...
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Another Apple Supplier, Who Is It?
Friday, May 27, 2011 - 11:39am | 137AppleInsider is reporting that Apple (NASDAQ: AAPL) is going to add another component supplier, as Chimei Innolux is expected to start shipping touch sensors for the iPad 2 next month. Chimei has recently signed a deal that will allow it to create LCD displays with the in-plane switching...
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Fast Money Picks For May 27th (MOS, IBM, FLS, MAKO)
Thursday, May 26, 2011 - 7:35pm | 173CNBC Fast Money's Tim Seymour said on the show that Mosaic Co. (NYSE: MOS) is a buy. Mosaic (MOS) gained 1.72% today, and it closed at $69.15. Joe Terranova likes International Business Machines Corp. (NYSE: IBM), and he thinks that investors should watch closely this stock. International Business...
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Today in Apple Litigation…
Thursday, May 26, 2011 - 3:15pm | 377You can't make 500 million friends without making a few enemies, right? While it's unclear as to how many friends Apple (NASDAQ: AAPL) has acquired, we do know that it has made at least one enemy in the video conferencing industry: Videophone's patent owner. Apple Insider reports that Visual...
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Apple Simplicity vs. Nokia Complexity
Thursday, May 26, 2011 - 1:20pm | 272Everyone loves Apple's (NASDAQ: AAPL) App Store. Even people who go the Google (NASDAQ: GOOG) route and buy an Android phone still wish they had access to the official App Store. Thus, if you're going to compete with Apple and design a new mobile store for games and applications, you would...
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iPad 3 Getting New Screens!?
Thursday, May 26, 2011 - 1:09pm | 197Business Insider is reporting on a rumor from The Korea Herald (via a report by Apple Insider) that Apple (NASDAQ: AAPL) is looking to upgrade the third iPad with a new screen. More specifically, the report claims that Apple's COO, Tim Cook, recently visited Samsung to discuss the use of its Super...
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The Trouble with Stocks in the Retail Sector
Thursday, May 26, 2011 - 12:58pm | 716If you're thinking about investing in the retail sector, you may want to think again. The retail sector of the stock market has caused pain to a lot of investors in recent years, and was one of the worst performers in the fall of 2008, as many companies closed their doors never to reopen again....
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24 High Quality Momentum Stocks for a Market Correction
Thursday, May 26, 2011 - 12:24pm | 3865The US equity markets are in the midst of a correction, consolidation, pullback or whatever other euphemism can be used to describe the recent modest decline in equity prices. During periods of decline it can be helpful to find long ideas among stocks which a) have low levels of debt, in case the...
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Dow Earning All 115 Birthday Spankings Today
Thursday, May 26, 2011 - 12:05pm | 591Apparently, the Dow is taking this whole “115th birthday” thing a little too far, as traders across the world line up to give the index one birthday spanking after another. The index is down slightly today, allowing use of a pun that's been floating around the office all week. Other than, say, a...
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URC: On Track To Meet Target Price
Wednesday, May 25, 2011 - 9:19pm | 576The equities markets have been battered for the last couple of weeks, making majority of the stocks depressed as well. One company, however, appears to be standing strong is Universal Robina Corporation (URC). Last May 13, 2011, URC broke out from a cup and handle formation. The...
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U.S. Veterans Affairs Selects Dell Solutions Four-Year $476M Contract
Wednesday, May 25, 2011 - 2:02pm | 49The United States Department of Veterans Affairs has selected Dell (NASDAQ: DELL) from numerous competitive bids to provide client PC technology and services for more than 1,200 sites nationwide. The four-year, $476 million contract will provide the VA with approximately 600,000 PCs and monitors...
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Active Screen - CANSLIM: Top 8 for May 25th
Wednesday, May 25, 2011 - 1:00pm | 1557The past month saw a couple more changes to our CANSLIM top-8 as ranked by Market Cap. F5 Networks (FFIV) was dropped (falling to 10th position) and taking its place was Agrium (AGU). The top-8 in order are Apple (AAPL), Vale S.A. (VALE), Barrick Gold (ABX), Baidu (BIDU), Research in Motion (RIMM...
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Goldman Sachs Suggests Buying Strangles on Apple Inc.
Wednesday, May 25, 2011 - 9:19am | 141Goldman Sachs is out with a research report this morning, where it suggests that traders buy strangles on Apple Inc. (NASDAQ: AAPL) ahead of its developer's conference on June 6th. Goldman Sachs Hardware analyst, Bill Shope, sees sizeable upside potential (41%) to his 12-month price target of $...