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Peter Misek, Analyst At Jefferies, Says Apple Will Dominate Until 2012 (AAPL)
Wednesday, March 30, 2011 - 12:43pm | 70Peter Misek, Analyst At Jefferies, is on CNBC saying that some rare earth metals may see limited supply levels from Asia. Misek also says that Apple (NASDAQ: AAPL) is focusing on cloud development while maintaining its complete iPhone dominance in the mobile phone market until at least 2012....
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Something Wrong In Apple City
Wednesday, March 30, 2011 - 12:33pm | 129Apple Inc. (NASDAQ: AAPL) is weak for the second day in a row. Not only is the lack of strength significant, but add to it a market rally both days and the weakness in Apple is even more glaring. With the markets spiking higher, Apple is trading at $348.89, -2.07 (-0.59%). This is significant for...
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Needham Downgrades Dell To Hold
Wednesday, March 30, 2011 - 9:30am | 30Needham has downgraded Dell (NASDAQ: DELL) from Buy to Hold, believing the company has weak consumer products and an inferior Cloud portfolio.
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Fork in the Road for Apple (AAPL)
Wednesday, March 30, 2011 - 9:24am | 118Shares of Apple (AAPL) have made three short term lower highs since the stock peaked in late February. At the same time, however, AAPL remains above its 50-day moving average which is considered a positive. Shares of AAPL are quickly approa... Go to http://SwingTradingDaily.com for full article...
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Verizon (VZ) Breaks Out
Wednesday, March 30, 2011 - 9:09am | 118Shares of Apple (AAPL) have made three short term lower highs since the stock peaked in late February. At the same time, however, AAPL remains above its 50-day moving average which is considered a positive. Shares of AAPL are quickly approa... Go to http://SwingTradingDaily.com for full article...
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UPDATE: Sterne Agee Initiates Hewlett-Packard at Buy (HPQ)
Wednesday, March 30, 2011 - 8:53am | 90Sterne Agee is out with its report today on Hewlett-Packard (NYSE: HPQ), initiating HPQ at Buy. In a note to clients, Sterne Agee writes, "We are initiating coverage of HPQ with a BUY rating and 12-month price target of $56. H-P is the world's leading provider of IT infrastructure and we believe...
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Sterne Agee Raising Apple Price Target
Wednesday, March 30, 2011 - 8:47am | 97According to Sterne Agee, Apple's (NASDAQ: AAPL) price target is raised to $445. Sterne Agee reported that it is transferring coverage of AAPL, maintaining its BUY rating and raising its 12-month price target to $445 (from $400). “AAPL has emerged as the most beloved and feared provider of PCs and...
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Sterne Agee Initiates Coverage On Dell With Neutral
Wednesday, March 30, 2011 - 8:36am | 95According to Sterne Agee, Dell (NASDAQ: DELL) coverage is initiated with Neutral. Sterne Agee reported that it is initiating coverage of DELL with a NEUTRAL rating and 12-month price target of $15. “Dell is a leading provider of IT infrastructure and differentiates itself in the market place with...
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Benzinga's Top Downgrades (LEN, PHG, DELL, GSIC)
Wednesday, March 30, 2011 - 8:20am | 130Lennar Corporation (NYSE: LEN) was downgraded by Ticonderoga from "buy" to "neutral." LEN's shares closed at $19.07 yesterday. Lennar's PEG ratio is 7.08. BofA/Merrill downgraded Koninklijke Philips Electronics (NYSE: PHG) from “buy” to “neutral.” PHG's stock closed at $31.87 yesterday. PHG's...
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Benzinga's Top Pre-Market NASDAQ Losers (TIBX, EDAP, VOD, DELL)
Wednesday, March 30, 2011 - 8:19am | 116TIBCO Software Inc (NASDAQ: TIBX) dipped 1.64% to $25.84 in the pre-market session. TIBX reported upbeat Q1 earnings. EDAP TMS SA (NASDAQ: EDAP) fell 0.83% to $3.60 in the pre-market session. EDAP reported 10.2% year-over-year rise in its 2010 lithotripsy division revenue. Vodafone Group Plc (...
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Sterne Agee Initiates Coverage On CSCO, HPQ, IM, SNX
Wednesday, March 30, 2011 - 7:51am | 66Sterne Agee has initiated coverage on the following companies: Cisco Systems (NASDAQ: CSCO) Buy, $29 PT Hewlett Packard Company (NYSE: HPQ) Buy, $56 PT Ingram Micro (NYSE: IM) Neutral, $22 PT SYNNEX Corporation (NYSE: SNX) Neutral, $35 PT
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A Peek Into The Market Before The Trading Starts
Wednesday, March 30, 2011 - 7:28am | 393Pre-open movers US stock futures are higher this morning, as investors are awaiting ADP employment data. Futures for the Dow Jones Industrial Average surged 51 points to 12,276.00, and those for the S&P 500 index gained 6.20 points to 1,322.70. Futures for the Nasdaq 100 index added 16.50...
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Needham Downgrades DELL To Hold
Wednesday, March 30, 2011 - 6:41am | 39Analysts at Needham downgrade Dell Inc (NASDAQ: DELL) from “buy” to “hold.” DELL shares fell 0.14% to close at $14.77 yesterday. More Analyst Ratings here
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Smartphone Growth To Be 49% In 2011: Android, Windows Leading -IDC (GOOG, MSFT, AAPL, RIMM, NOK)
Tuesday, March 29, 2011 - 1:08pm | 325According to International Data Corp (IDC), global smartphone sales are expected to grow 49% this year, which is four times the pace of the overall mobile phone market. This pour into smartphones is attributed to consumers trading their traditional phone for a phone with superior features. The...
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Nokia Files Complaint Against Apple (NOK, AAPL)
Tuesday, March 29, 2011 - 12:40pm | 176Nokia (NYSE: NOK) filed another complaint with the U.S. trade panel alleging that Apple (NASDAQ: AAPL) has infringed on its patents. Last Friday, a U.S. International Trade Commission judge ruled that Apple did not violate any of the five Nokia patents. According to Reuters, Nokia said it does not...