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Notable Put Options Activity in Amphenol
Tuesday, August 23, 2011 - 9:54am | 87Shares of Amphenol (NYSE: APH) are higher on the session by 1.58%, currently trading at $43.02. The stock has been moving largely lower over the past three months and is currently trading below the 50-day moving average. Options traders are focusing on puts today. A short while ago the September...
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Notable Call Options Activity Vishay Intertechnology
Tuesday, August 23, 2011 - 9:29am | 95Shares of Vishay Intertechnology (NYSE: VSH) are higher on the session by 4.61%, currently trading at $10.33. The stock has been moving largely lower over the past three months and is currently trading below the 50-day average. Options traders are focusing on calls today. A short while ago the...
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UPDATE: Goldman Sachs Comments on Universal Display Corporation In Light of Alliance
Tuesday, August 23, 2011 - 8:53am | 121Goldman Sachs has published a report on Universal Display Company (NASDAQ: PANL), commenting on the merger between it and Samsung Mobile Display. The report commented, "We think the signing of the long-awaited licensing agreement should provide a solid lift to the stock. Although we had...
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UPDATE: Avis Budget Group and I.D. Systems Sign Exclusive Agreement to Deploy New Generation of Wireless Vehicle Rental Technology
Tuesday, August 23, 2011 - 8:46am | 269Avis Budget Group, Inc. (Nasdaq: CAR) and I.D. Systems, Inc. (Nasdaq: IDSY) announced earlier that they have executed an agreement to deploy I.D. Systems' proprietary wireless vehicle management systems in Avis Budget's vehicle rental fleet. The agreement follows an extensive pilot program in which...
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Earnings Roundup
Tuesday, August 23, 2011 - 8:03am | 1170H.J. Heinz Co (NYSE: HNZ) reported a decline in its fiscal first-quarter profit. Heinz's quarterly profit dropped to $226.1 million, or $0.70 per share, from $240.4 million, or $0.76 per share, in the year-earlier period. Its sales climbed to $2.85 billion from $2.48 billion. Excluding special...
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Iteris Initiates $3 Million Stock Repurchase Program
Tuesday, August 23, 2011 - 7:30am | 223The board of directors of Iteris, Inc. (NYSE: ITI) has authorized the company to repurchase up to $3 million of its common stock over the next 12 months. "The recent divestiture of our Vehicle Sensors business has further strengthened our balance sheet and provided us with multiple options to...
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Pre-Market Gainers; Universal Display up on Samsung Agreement
Tuesday, August 23, 2011 - 7:27am | 75Universal Display Corporation (NASDAQ: PANL) +18.67% after the company announced a patent license agreement with Samsung. GT Advanced Technologies (NASDAQ: GTAT) +8.03% on the announcement that the company will be added to the S&P SmallCap 600 index. Omnicare (NYSE: OCR) +7.43 after the...
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UPDATE: Daktronics Reports Weaker-Than-Expected Q1 Results
Tuesday, August 23, 2011 - 7:23am | 61Daktronics Inc (NASDAQ: DAKT) reported downbeat Q1 results. Daktronics reported its quarterly net income at $3.4 million, or $0.08 per share, up from $2.4 million, or $0.06 per share, in the year-ago period. Its revenue surged 18% to $118.7 million. However, analysts were expecting earnings of $0....
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Samsung Mobile Display and Universal Display Announce Entry into OLED Patent License and Supplemental Material Purchase Agreements
Tuesday, August 23, 2011 - 5:37am | 82Samsung Mobile Display Co. and Universal Display Corporation (NASDAQ: PANL) today announced that the companies have entered into agreements under which Universal Display will license its technologies and sell its proprietary materials to SMD for use in its line of state-of-the-art OLED display...
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Earnings Scheduled For August 23
Tuesday, August 23, 2011 - 2:23am | 481Williams-Sonoma Inc (NYSE: WSM) is expected to report its Q2 EPS at $0.36 on revenue of $823.97 million. American Woodmark Corporation (NASDAQ: AMWD) is estimated to post a Q1 loss at $0.17 per share on revenue of $116.18 million. La-Z-Boy Incorporated (NYSE: LZB) is projected to report its FQ1...
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Morning Gainers; Under Armour up 7%
Monday, August 22, 2011 - 9:13am | 115Barnes & Noble (NYSE: BKS) +5.11% after losing 15% on Friday. Under Armour (NYSE: UA) +7.05% - hearing two mid-tier analyst firms have a Buy rating on the company. Swift Transportation Company (NYSE: SWFT) +7.34% - hearing Capstone upgraded the company to Buy this morning. Elbit Systems (...
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Morning Market Losers
Monday, August 22, 2011 - 9:10am | 83Bonso Electronics International Inc (NASDAQ: BNSO) dipped 13.22% to $1.51 at 9:55 am. BNSO's trailing-twelve-month ROA is 0.52%. C Tracks Exchange Traded Notes (NYSE: CVOL) fell 13.41% to $52.64. Jacada Ltd (NASDAQ: JCDA) shares moved down 9.92% to $2.18. JCDA's trailing-twelve-month profit...
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Intellicheck Mobilisa Secures $2 Million Line of Credit from Silicon Valley Bank
Monday, August 22, 2011 - 6:31am | 66Intellicheck Mobilisa, Inc. (NYSE: IDN) announces that it has transitioned its banking services to the well-known and respected technology bank, Silicon Valley Bank, headquartered in Santa Clara, California. In addition to SVB's banking services, IDN has secured a $2.0 million line of credit, which...
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Advanced Photonix Announces Hiring of Jeffrey Anderson as Chief Financial Officer
Friday, August 19, 2011 - 12:10pm | 28Advanced Photonix® company (NYSE: API), announced today that it has hired Jeffrey Anderson, as the Chief Financial Officer, effective August 29, 2011.
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Read The Fine Text: Who Benefits From The HP, Open Text Merger
Friday, August 19, 2011 - 9:26am | 649Last night, Hewlett-Packard (NYSE: HPQ) announced it would be buying Autonomy for $42.11 per share in cash, a 64% premium to yesterday's close. In a market rife with volatility and uncertainty, Leo Apotheker is spending a huge amount of money, and paying a huge premium to transition HP. This is...