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Cisco is Far From Dead as Focus Shifts to New Technology
Friday, May 20, 2011 - 12:22pm | 862By Tom Clancy Investors are treating large cap tech like large cap pharma. Both sectors generate tremendous cash flows and are burdened by legacy costs, product obsolescence, and the law of large numbers. Investors have the impression they are losing out to smaller, more nimble, competitors....
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Report: Explosion At Apple's Foxconn Facility
Friday, May 20, 2011 - 12:06pm | 69Reports are coming out of China that a major explosion has occurred at Apple's (NASDAQ: AAPL) Foxconn Chengdu manufacturing facility, one of the main producer's of the iPad 2. At least 7 injuries have been reported and a multitude of fire engines are on the scene. Apple (AAPL) shares are...
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Coming Soon To An iDevice Near You: iCloud
Friday, May 20, 2011 - 9:57am | 179According to an article from BoyGeniusReport, and originally published by Bloomberg, Apple (NASDAQ: AAPL) has signed on three of the major U.S. record labels, as the company is going to bring its popular music service to the cloud. Apple has inked a deal with Sony that will be unveiled next month...
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Sterne Agee Raises PT To $460 On AAPL
Friday, May 20, 2011 - 8:42am | 172Sterne Agee, citing better iPad supply and momentum from iPhone and Mac, has raised its price target on Apple Inc. (NASDAQ: AAPL) from $445 to $460. In the report, Sterne Agee writes, “We are picking up that the production constraints that impacted iPad shipments last quarter have significantly...
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Sterne Agee Raises PT On Apple To $460
Friday, May 20, 2011 - 7:40am | 25Sterne Agee has raised the price target on Apple (NASDAQ: AAPL) to $460 and maintains its Buy rating.
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Top 4 Small-Cap Stocks In The Photographic Equipment & Supplies Industry With The Highest Revenue
Friday, May 20, 2011 - 2:06am | 130Below are the top small-cap photographic equipment & supplies stocks on the NYSE, the NASDAQ and the AMEX in terms of revenue. The trailing-twelve-month revenue at Eastman Kodak Company (NYSE: EK) is $6.60 billion. EK's PEG ratio is 0.13. The trailing-twelve-month revenue at Avid Technology...
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You Know It Is Options Expiration Week
Thursday, May 19, 2011 - 3:40pm | 227You know it is option week when: 1. The U.S Oil Fund (NYSE: USO) drops with the U.S. Dollar Index and trades in an 0.80 cents intra-day trading range. 2. Apple Inc.(NASDAQ: AAPL) opened at $342.40 and found an intra-day bottom at $338.67 which was an hour and twenty minutes later. 3. The U.S....
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Potential Trap? 05-19-2011
Thursday, May 19, 2011 - 2:56pm | 885Cusick's Corner It is hard to see a market top with the shift in retail sentiment from bullish to hedge happening so quickly. The market is moving to the upside with some decent breadth. The Dollar has been weak, a definite catalyst for equities, and the Euro currency found its bid this midday,...
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Microsoft Using Free Xbox to Spur PC Sales, But Will it Work?
Thursday, May 19, 2011 - 2:28pm | 249Starting May 22, Microsoft (NASDAQ: MSFT) will begin giving away free Xbox 360 consoles (the $200 four-gig version) to students who spend $699 or more on a new Windows PC. According to Mashable, this deal – which will be available at Best Buy (NYSE: BBY), the Microsoft Store, Dell.com (NASDAQ: DELL...
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Verizon Announces New Motorola DROID X2 - Verizon's First Dual-Core Smartphone
Thursday, May 19, 2011 - 6:38am | 187Verizon Wireless (NYSE: VZ) and Motorola Mobility, Inc. (NYSE: MMI) announced Wednesday the second-generation DROID X2 by Motorola, Verizon's first dual-core smartphone. Powered by Google's (NASDAQ: GOOG) Android 2.2, soon to be updated to Android 2.3, the phone boasts a Mirror Mode, which allows...
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Fast Money Picks For May 19th (MDRX, GM, AAPL, VCLK, PCS)
Wednesday, May 18, 2011 - 7:18pm | 226On CNBC's Fast Money, Stephen Weiss said that he is bullish on Allscripts Healthcare Solutions Inc (NASDAQ: MDRX). This company is his favorite health care name. Allscripts Healthcare Solutions Inc (MDRX) spiked 7.28% today, and it closed at $20.48. Tim Seymour wants to buy General Motors Company...
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Crude Run Response to Canadian Wildfires 05-18-2011
Wednesday, May 18, 2011 - 6:34pm | 927Cusick's Corner Equities and commodities bounced into the afternoon but I'm skeptical of this move with the Buck firming and the Euro unable to break out with the market. Now the crude run is more of a fearful response to the wildfires in Canada that may cause a potential slowdown in oil sands-...
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4 Trade Setups To Watch
Wednesday, May 18, 2011 - 5:21pm | 1980( click to enlarge ) Dell Inc. (NASDAQ:DELL) - Much hated stock getting some love. Breaking out on strong volume with all main moving averages below acting as support. Presumption is that the breakout will continue. Fresh buying may be considered on a close above $16.96. ( click to enlarge...
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IBM and SARA Sign Collaboration Agreement on Petascale Computing
Wednesday, May 18, 2011 - 4:46pm | 34IBM (NYSE: IBM) and SARA, the Dutch National High Performance Computing and e-Science Support Center, today signed a joint research collaboration agreement focused on petascale computing.
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Expiration Unwind 05-18-2011
Wednesday, May 18, 2011 - 3:14pm | 957Cusick's Corner The market has held into this expiration week. We are at critical levels and the bulls need to break 1333 on the S&P June futures. It's Wednesday, a critical point in the week because there are institutions that are starting to unwind monthly trades which often creates volume...