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Wedbush Reiterates Buy on Apple, Increases PT to $450
Wednesday, May 25, 2011 - 8:44am | 129Wedbush reiterated its Buy rating on Apple (NASDAQ: AAPL). At the same time, Wedbush increased its price target from $445 to $450. In a research report published today, Wedbush stressed its underlying optimism about Apple's long term outlook prior to the iPhone 5 launch. In the report, Wedbush...
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Partner Communications Announces Receiving Lawsuit; Motion for the Recognition of This Lawsuit as Class Action
Wednesday, May 25, 2011 - 8:07am | 101Partner Communications Company Ltd (Nasdaq: PTNR) announces that it received a lawsuit and a motion for the recognition of this lawsuit as a class action, filed against Partner on May 3, 2011 in the Central District Court. The claim alleges that Partner should have informed its customers of the...
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Wedbush Raises PT On Apple To $450
Wednesday, May 25, 2011 - 6:33am | 26Wedbush Securities has raised the price target on Apple (NASDAQ: AAPL) from $445 to $450 and maintains its Outperform rating.
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Fast Money Picks For May 25th (PBR, SU, EBAY, QCOM, DELL, HPQ)
Tuesday, May 24, 2011 - 7:30pm | 224On CNBC's Fast Money, Tim Seymour advised the viewers to buy Petroleo Brasileiro SA (ADR) (NYSE: PBR), and Suncor Energy Inc. (USA) (NYSE: SU) on Wednesday. Petroleo Brasileiro (PBR) gained 0.78%, and Suncor Energy (SU) added 2.19%. Guy Adami is a buyer of eBay Inc. (NASDAQ: EBAY). He is not...
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More Spying on Elite Funds - Part 2
Tuesday, May 24, 2011 - 7:05pm | 1695A follow-up to my last comment on spying on elite funds. We begin with an article by Naked Value on Seeking Alpha, Paulson & Co.'s Biggest Buy, Biggest Sell and Top Holdings. You'll notice that unlike Dodge and Cox, Paulson & Co sold all their Pfizer shares, and initiated a new position in...
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Hp Bolsters Managed Print Services Offering With Acquisition Of Printelligent
Tuesday, May 24, 2011 - 4:01pm | 137HP (NYSE: HPQ) today announced that it has signed a definitive agreement to acquire substantially all of the assets of Printelligent, a closely held provider of managed print services. Financial terms of the deal were not disclosed. The infrastructure, software and trained workforce of...
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Stock Market Analysis: The Day Revealed
Tuesday, May 24, 2011 - 12:54pm | 250The markets have slowly faded off the opening highs as fears about the global economy continue. This market is not just worried about the European debt crisis which has bubbled up again, but also the debt ceiling issue in the U.S., inflation, jobs and the end of QE2. There is a ton of gray in the...
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Why Investors Should Care About IBM
Tuesday, May 24, 2011 - 10:31am | 97(TheStreet) -- IBM (NYSE: IBM) may not be the sexiest name in tech, but investors still have plenty of reasons to love the 100-year-old hardware and software giant. "I think that this is an industry that treasures new things; there's almost a natural tendency to devalue companies that have a...
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Barnes & Noble CEO Says Company Has Over 25% of E-Book Market and Announces Smaller E-Reader
Tuesday, May 24, 2011 - 10:27am | 82Barnes & Noble (NYSE: BKS) CEO William Lynch speaks at press conference. Lynch says, "company has over 25% of e-book market... nook color second to apple (NASDAQ: AAPL) ipad in tablet sales." Lynch also announces a smaller E-reader. He says, "new e-reader 6-inch display, 7.5 ounces... e-...
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Don't Look Now: IBM Ahead of Microsoft in Market Capitalization
Tuesday, May 24, 2011 - 6:12am | 222International Business Machines Corp. (NYSE: IBM), following the lead of Apple (NASDAQ: AAPL), has pulled ahead of Microsoft (NASDAQ: MSFT) in overall market capitalization, dealing yet another blow to the software giant. Shares of IBM have gained more than $20 since the beginning of the year, now...
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How to Sell a Windows PC
Monday, May 23, 2011 - 1:43pm | 700For generations, salesmen have scratched their heads at the prospect of selling a Windows PC. “It should be so easy!” the salesmen would shout. “They should practically sell themselves!” And why wouldn't they? Why would anyone go on a Safari when they can explore a wide web of content right here...
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The Gadget That Keeps On Giving: iPad 2 Expected To Save Apple Money
Monday, May 23, 2011 - 12:54pm | 183So not only will the iPad help generate billions in sales for Apple (NASDAQ: AAPL), now it will help save the company money? That's what one analyst thinks, in this article from AppleInsider. The company is integrating iPad 2's into the stores to help explain its other products, by providing...
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Is Sony Relevant Anymore?
Monday, May 23, 2011 - 10:03am | 405Sony Corp. (NYSE: SNE) this morning that it expects to post a loss for fiscal 2011 of around $3.2 billion, as a plethora of problems have plagued the Japanese electronics giant this year. From production disruption related to the devastation in Japan, to an attack on its its online gaming service...
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Deutsche Bank Examines Hewlett-Packard's Services Business
Monday, May 23, 2011 - 8:13am | 173In a report released this morning, Deutsche Bank reexamines Hewlett-Packard Company's (NYSE: HPQ) business “with particular focus on the margin and growth dynamics of this business since the EDS transaction (deal in May 2008).” “Our initial view of the deal (see EE #139: A closer look at the HP-...
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Crowell Weedon & Co. Raise PT To $20 On DELL
Monday, May 23, 2011 - 7:24am | 177Crowell Weedon & Co. has raised its price target on Dell Inc. (NASDAQ: DELL) from $18 to $20 in light of Q1 earnings ahead of all expectations. Says Crowell Weedon, “DELL's fiscal Q1 (April) results were highlighted by a substantial year/year margin increase and earnings well above...