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Apple Getting Killed In Rush For Liquidity (AAPL)
Wednesday, March 16, 2011 - 2:14pm | 103Apple Computer (NASDAQ: AAPL) is getting absolutely slammed by sellers today, falling 4.32% to $330.52. The stock has been a major source of liquidity today for big traders who are scrambling to reduce their risk exposure. Many of the biggest hedge funds and institutional investors in the world...
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Keys: Major Support Trying To Hold
Wednesday, March 16, 2011 - 1:54pm | 288The markets are again testing the double bottom from yesterdays low. This level on the SPDR S&P 500 ETF (NYSE: SPY) is $126.50. If this area breaks, the SPY will fall to $125.90. Earlier today, the $126.50 level was tested but the Federal Reserve stepped in and extended their open market...
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International Business Machines Now Off 4% (IBM)
Wednesday, March 16, 2011 - 12:42pm | 51International Business Machines Corp. (NYSE: IBM) shares are off $5.80 to $153.22, a loss of 3.65% after the company was downgraded this morning on valuation concerns. 6.3 million shares have now been traded, which is above the average daily volume of 5.5 million shares.
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Alert: Apple Master Support Levels
Wednesday, March 16, 2011 - 12:11pm | 98Apple Inc. (NASDAQ: AAPL) is taking a hit today, trading at $334.36, -11.07 (-3.20%). The stock was downgraded by JMP Securities to 'Market Perform' from 'Market Outperform'. Apple is dropping today as the markets are moving lower once again after comments from the EU energy chief on the Japanese...
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Stock to Watch (ESIC) triple top Breakout above $4.53 great looking chart
Wednesday, March 16, 2011 - 10:46am | 42Stock to Watch (ESIC) triple top Breakout above $4.53 great looking chart...Also Rumors have circulated in the past that (IBM) is interested in buying the Company..
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News Summary
Wednesday, March 16, 2011 - 10:01am | 174Shares of Patterson Companies Inc (NASDAQ: PDCO) fell about 0.2% after the company announced its plans to lift its quarterly dividend from $0.10 per share to $0.12 per share. The company also plans to repurchase 25 million shares, worth about $786 million. Shares of Covidien PLC (NYSE: COV)...
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Aspen Insurance Clarifies Situation In South Pacific, Wunderlich Maintains Buy Rating (AHL)
Wednesday, March 16, 2011 - 9:22am | 169Wunderlich Securities has published a research report on Aspen Insurance Holdings (NYSE: AHL) after the company elicited some clarity on catastrophes in the South Pacific region. In the report, Wunderlich writes "On March 15, Aspen Insurance Holdings Ltd. (AHL) provided an update on the recent...
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Goldman Sachs Comments On CEO/CFO Meeting With NCR Corp.
Wednesday, March 16, 2011 - 8:35am | 97In a report published by Goldman Sachs, NCR Corp. (NYSE: NCR) CEO/CFO meeting affirms bullish retail/ATM upgrade views. Goldman Sachs said that earlier this week, it hosted an investor meeting with NCR CEO Bill Nuti, CFO Bob Fishman, and Head of Global Sales Peter Leav at NCR's New York City...
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Benzinga's Top Downgrades (LVS, HERO, AGCO, AAPL)
Wednesday, March 16, 2011 - 8:31am | 147Las Vegas Sands Corp (NYSE: LVS) was downgraded by Argus from "buy" to "hold." LVS' shares closed at $37.94 yesterday. Las Vegas Sands' trailing-twelve-month ROE is 9.90%. FBR Capital downgraded Hercules Offshore Inc (NASDAQ: HERO) from “market perform” to “underperform.” HERO's stock closed at $5...
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Oppenheimer Reports TDC Meeting Highlights
Wednesday, March 16, 2011 - 8:27am | 123After attention a meeting with Teradata Corp.'s (NYSE: TDC) senior management, Oppenheimer reports on the status of the company. According to Oppenheimer, “A meeting with TDC senior management earlier this week reaffirmed our view that Teradata is well positioned to sustain its leadership position...
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A Peek Into The Market Before The Trading Starts
Wednesday, March 16, 2011 - 7:26am | 380Pre-open moversUS stock futures are lower this morning. Investors kept an eye on the ongoing Japan's nuclear crisis. Futures for the Dow Jones Industrial Average dropped 29 points to 11,760.00 and futures for the S&P 500 index declined 3.90 points to 1,271.40. Nasdaq 100 futures fell 1.75...
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JMP Securities Downs AAPL To Market Perform
Wednesday, March 16, 2011 - 6:51am | 47Analysts at JMP Securities downgrade Apple Inc (NASDAQ: AAPL) from “outperform” to “market perform.” AAPL shares fell 2.30% to close at $345.43 yesterday. More Analyst Ratings here
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Top 4 Mid-Cap Stocks In The Technology Sector With The Lowest PEG Ratio (UMC, TSU, TNE, NCR)
Wednesday, March 16, 2011 - 2:52am | 131Below are the top mid-cap technology stocks on the NYSE and the NASDAQ in terms of PEG ratio United Microelectronics Corporation (NYSE: UMC) has a PEG ratio of 0.17. UMC's trailing-twelve-month revenue is $4.09 billion. TIM Participacoes SA (NYSE: TSU) has a PEG ratio of 0.44. TSU's trailing-...
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Netflix May Distribute Orginal Series
Wednesday, March 16, 2011 - 1:15am | 279Netflix (Nasdaq: NFLX), the movie rental company, is reportedly in advanced talks to distribute an original television series directed by David Fincher and starring Kevin Spacey, a move that would further spark the effort by Netflix to compete premium television channels. Netflix could pay may...
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IBM Opens Innovation Center in Mexico
Tuesday, March 15, 2011 - 4:35pm | 88IBM (NYSE: IBM) today opened the first IBM Innovation Center in Mexico. Industry analyst firm BMI predicts IT spending in Mexico will continue to increase 11 percent in 2011 to US$13.6 billion. This IT growth is fueled by new government services and support infrastructure projects and growing...