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HP Fire Sale on TouchPad Ignites Weekend Buying Binge
Monday, August 22, 2011 - 5:41am | 270HP's (NYSE: HPQ) decision to shutter its WebOS line of portable gadgets inspired a weekend scramble to buy the deeply-discounted TouchPad tablet, as consumers flooded online retailers and waited in lines outside brick and mortar stores. At $99 for the 16GB version, which was previously priced at $...
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US Stock Futures Signal Higher Start On Wall Street
Monday, August 22, 2011 - 5:20am | 300US stock futures are higher this morning. Futures on the Dow Jones Industrial Average surged 73 points to 10,893.00 and futures on the S&P 500 stock index rose 9.30 points to 1,132.80. Nasdaq 100 futures gained 22.00 points to 2,063.00. US stocks closed lower on Friday, with the Dow Jones...
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Auriga Upgrades Hewlett-Packard To Buy, $32 PT
Monday, August 22, 2011 - 5:09am | 24Auriga has upgraded Hewlett-Packard (NYSE: HPQ) from Hold to Buy and has established a $32 price target.
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Could HP's $99 Tablet be the Death Blow for Research in Motion's PlayBook?
Sunday, August 21, 2011 - 7:40pm | 275Will Hewlett-Packard's (NYSE: HPQ) slashing of the price of the discontinued TouchPad to $99 be the death blow for lower-volume tablet makers and in the long-run increase Apple's dominance with the iPad? Certainly it will put tablets in the hands of possibly a million consumers who would never have...
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HP Clears Out Stock of TouchPads for $99
Saturday, August 20, 2011 - 11:16am | 57Just a day after announcing they were killing off the TouchPad, Hewlett-Packard (NYSE: HPQ) put the entire stock of the tablets on clearance; $99 for the 16GB model and $149 for the 32GB version. Retailers and the HP website were sold out of the two models in just a few hours.
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Benzinga's Top ETF Decliners, August 19th (ZSL, TYH, TAN, SOXL)
Friday, August 19, 2011 - 7:38pm | 165ProShares UltraShort Silver (ETF) (NYSE: ZSL) traded 9.86% lower on Friday as silver continued its uptrend. ZSL closed at $11.33, and it had a volume of 15.64M traded shares. Direxion Daily Technology Bull 3x Shares (ETF) (NYSE: TYH) fell 8.13% as Hewlett-Packard Company (NYSE: HPQ) slipped 20.03...
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Benzinga's Top ETF Gainers, August 19th (TVIX, AGQ, TYP, DRV)
Friday, August 19, 2011 - 7:15pm | 194VelocityShares Daily 2x VIX Short Term ETN (NYSE: TVIX) closed its fourth consecutive trading session higher on Friday. TVIX gained 10.90%, and closed at $59.94. ProShares Ultra Silver (ETF) (NYSE: AGQ) gained 10.18% today as silver continued to move higher. AGQ closed at $241.57, and it had a...
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Apple Products Throughout The Years
Friday, August 19, 2011 - 3:58pm | 31Apple (NASDAQ: AAPL) has created countless products throughout the years that both investors and tech geeks alike love. Here's a few of them.
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Zings Of The Day, August 19, 2011
Friday, August 19, 2011 - 2:38pm | 114Bank of America (NYSE: BAC) is cutting 3,500 jobs by September, and could potentially cut thousands more. What is it called when banks go bankrupt? Oh ya. That's right. It's called Bank of America. Hewlett-Packard's (NYSE: HPQ) planned exit of the personal-computer business may provide a boost...
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Amazing Stat of the Day; Apple (AAPL) Worth More than Top 32 European Banks - Combined
Friday, August 19, 2011 - 2:30pm | 413We could replace Apple (AAPL) with Exxon (XOM) but you get the picture - you can combine the top 32 European banks and they would not be worth as much as either of the 2 companies above. But they sure cause a lot more trouble. Earlier on Friday the DJ STOXX euro zone banks index fell 4 percent,...
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What Would You Rather Have? All The Money In Europe, Or Apple?
Friday, August 19, 2011 - 1:02pm | 172You know you are great when you are worth as much as all the banks in Europe. Apple (NASDAQ: AAPL) is now worth as much as the 32 largest banks in the Euro zone, according to Reuters. As a result of the sharp increase in volatility over the past few weeks, and recent share prices declines in some...
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Angela's Ashes: EU May Draft Eurobond Legislation Despite Merkel's Objections
Friday, August 19, 2011 - 11:39am | 783Huge news out of Bloomberg, especially if it winds up becoming true. According to the New York-based financial publication, European Union regulators may start drafting legislation for a Eurobond to help control the debt crisis, which appears to be spiraling out of control. This is a stark...
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Michael Dell Attacks HP
Friday, August 19, 2011 - 10:39am | 252Dell (NASDAQ: DELL) CEO Michael Dell just loves to verbally throw down, and he particularly enjoys spreading dirt about HP (NYSE: HPQ). It is almost as if he is obsessed with HP, who recently underwent massive corporate restructuring. HP is keeping a dignified silence, telling Benzinga that the...
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FBN Securities Retains Hewlett Packard Sector Perform, Lowers PT
Friday, August 19, 2011 - 10:37am | 101FBN Securities retained its Hewlett Packward (NYSE: HPQ) Sector Perform rating and lowered its Hewlett Packard price target from $38 to $28 in a research report published today. In the report, FBN Securities states, "The bottom line is that while HPQ is trying to become “more like IBM” (exit PCs,...
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iPad 3 in Early 2012, World Domination Forever?
Friday, August 19, 2011 - 10:35am | 901We have heard the countless iPad 3 rumors, but it looks like we finally have a concrete date for the next tablet from Apple (NASDAQ: AAPL). The Wall Street Journal is reporting Steve Jobs and the rest of his team in Cupertino, Calif. are planning to launch the third version of the iPad in early...