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RIM CEO Defends BlackBerry Tablet Amid Mediocre Reviews (RIMM)
Friday, April 15, 2011 - 6:31am | 188Lack of e-mail? Can't connect to cellular networks? No mind, says Research in Motion (NASDAQ: RIMM) CEO Jim Balsillie. Mediocre reviews of BlackBerry's new PlayBook aren't worrisome to Balsillie because of future software updates and BlackBerry's reliable user base. “I don't think that's fair...
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Apple at Discount
Thursday, April 14, 2011 - 9:08pm | 270The recent announcement of the adjustment of Apple Inc's weighting in Nasdaq-100 from more than 20% to 12% has caused quite a fair bit of selling off on Apple's shares. Many index tracking funds were forced to reduce their position in Apple. We believe selling pressure on Apple shares will last...
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What Can the World's Largest Aluminum Company Tell us about the Market? (AA)
Thursday, April 14, 2011 - 12:02pm | 823The largest aluminum producer in the world, Alcoa Inc. (NYSE: AA) outperformed analyst consensus estimates for the first quarter of 2011. Alcoa announced earnings after the market closed on Monday. And yet, the company's stock price dropped more than 5%...
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IBM and Sybase Harness POWER7 for New mCommerce Appliance (IBM, SAP)
Thursday, April 14, 2011 - 10:12am | 63IBM (NYSE: IBM) and Sybase, an SAP Company (NYSE: SAP), today continued their long-standing collaboration with the introduction of a new workload-optimized server appliance based on IBM's market-leading Power Systems family of servers. The IBM mCommerce Appliance Solution is aimed at financial...
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IBM Closes on Acquisition of TRIRIGA
Thursday, April 14, 2011 - 9:09am | 35IBM (NYSE: IBM) today announced that it has completed the acquisition of TRIRIGA, Inc., a privately-held company based in Las Vegas, Nevada. Financial terms were not disclosed.
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Jefferies: Strength In Handset Suppliers Bodes Well For AAPL, MMI
Thursday, April 14, 2011 - 8:48am | 140Jefferies reports that it believes the “strength seen by the handset suppliers bode well for Apple (NASDAQ: AAPL) and Motorola Mobility Holdings, Inc. (NYSE: MMI).” “Also, the wafer bank inventories indicate that they will not be overly supply constrained for Q2; however, we believe this likely...
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Piper Jaffray Brings Up Apple Guidance On Japan Issues In Earnings Preview (AAPL)
Thursday, April 14, 2011 - 7:31am | 169Piper Jaffray has an Overweight rating and a $483 price target on shares of Apple, Inc. (NASDAQ: AAPL). In a note to clients, Piper Jaffray writes, "Our risk/reward analysis favors owning shares of AAPL into the Mar-11 quarter results. iPhone, Mac and iPod will likely be in line with consensus...
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White Apple iPhone 4 in Production: Source (AAPL)
Wednesday, April 13, 2011 - 11:48pm | 154Industry sources are asserting that Apple (NASDAQ: AAPL) is beginning production of the long-delayed white iPhone 4, signaling a possible early summer launch. The white iPhone 4 was initially announced with the black iPhone 4 last year, but was never supplied to consumers due to manufacturing...
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Market Focused on Tomorrow's Data 04-13-2011
Wednesday, April 13, 2011 - 6:46pm | 896Cusick's Corner The market bounced on the close but it was not the type of conviction that I would like to see. If you look at the volume it was far less than when sellers took control yesterday (especially at the close of that session). This choppy action early into the earnings cycle is...
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At ProFounder And Kiva, Community Is Key
Wednesday, April 13, 2011 - 4:15pm | 469Major corporations may rule the headlines of financial media outlets, but ProFounder CEO Jessica Jackley wants everyone to know that you don't have to be Netflix (NASDAQ: NFLX) to raise capital, nor must you buy Apple (NASDAQ: AAPL) to make a good investment. “ProFounder is a platform that allows...
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Facebook Shows Green Data Center Secrets
Wednesday, April 13, 2011 - 1:44pm | 223Social Media giant Facebook has recently launched a major new initiative designed to share its server and data center designs with rivals. The company claims that its data center innovations could save enough energy to power more than 100,000 homes. The Open Compute Project (OCP) will allow the...
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Money Rotation From Commodities To Tech
Wednesday, April 13, 2011 - 12:20pm | 237As the markets bounce today, the technology sector seems to be the strongest. Stocks like Apple Inc. (NASDAQ: AAPL), International Business Machines Corp. (NYSE: IBM) and Google Inc. (NASDAQ: GOOG) are all higher, while oil stocks like Exxon Mobil Corporation (NYSE: XOM) continue to fall. It...
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Apple: Continuing To Shine Brightest Above The Rest (AAPL)
Wednesday, April 13, 2011 - 9:10am | 316An article from Mashable shows that Apple (NASDAQ: AAPL) may be trying to do the unthinkable, and cut the cord(s). Nobody likes cords, they're unsightly, they take up a lot of space, and sometimes can radically change how you want to configure your electronics. Apple may have an idea that is...
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Goldman Sachs Comments On Tech Stocks Ahead Of Earnings (AAPL, WD, EMC)
Wednesday, April 13, 2011 - 8:33am | 187Goldman Sachs expect EMC (NYSE: EMC) to report slight earnings upside for the March quarter, with its estimates calling for revenues of $4.50 bn and non-GAAP EPS of $0.32, and it believes the company could raise its full-year outlook. EMC has recently been under some pressure on first-quarter...
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iPad adoption in the enterprise gaining traction, but still early
Tuesday, April 12, 2011 - 9:38pm | 608Enterprise adoption of iPad gaining traction, but still early We conducted our quarterly survey on adoption of the iPad in the enterprise. iPad adoption in the enterprise is still in its infancy, although it appears to be gaining some modest traction. We believe iPad adoption in the enterprise...