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Company News for April 13, 2010 - Corporate Summary
Tuesday, April 13, 2010 - 9:30am | 207• CF Industries (NYSE:CF) announced plans to sell 10.8 million shares for about $1 billion • Tennant Company (NYSE:TNC) said it sees first quarter earnings of 19 cents to 21 cents a share, well above Street estimates of 7 cents, and revenues of between $148 million and $150 million, beating...
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Top Stocks of Delaware
Monday, April 12, 2010 - 2:28pm | 892The state of Delaware was the first state of the Union to ratify the Constitution on December 7, 1787. Today the state is home to some of the largest companies around the world. Delaware’s business-friendly laws and incentives make it the nation’s number one choice for incorporating a company. 1...
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Daily Forex Commentary April 9, 2010
Friday, April 9, 2010 - 5:43pm | 438April 9, 2010 Euro Rallies on Speculation of Greece Bailout Package The European Union stood ready to rescue Greece if needed after Fitch Ratings cut the country’s credit rating to the lowest investment grade. The move appears to foretell that emergency bailout funding is forthcoming. During today’...
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Daily Forex Commentary April 9, 2010
Friday, April 9, 2010 - 5:43pm | 438April 9, 2010 Euro Rallies on Speculation of Greece Bailout Package The European Union stood ready to rescue Greece if needed after Fitch Ratings cut the country’s credit rating to the lowest investment grade. The move appears to foretell that emergency bailout funding is forthcoming. During today’...
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Philips Bags Healthcare Contract - Analyst Blog
Friday, April 9, 2010 - 11:45am | 379Philips Healthcare, a division of Koninklijke Philips Electronics NV (PHG), has been awarded a $77.2 million contract to provide patient-monitoring systems for the U.S. Department of Defense. Philips will supply the DOD with the systems along with accessories, consumables and spare parts. The...
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Nike (NYSE: NKE) Plans New Tiger Woods Ad
Wednesday, April 7, 2010 - 3:52pm | 188Nike, Inc. (NYSE: NKE) plans to air new television commercials of golf star Tiger Woods, featuring the voice of his late father, Earl Woods, speaking about personal responsibility. After Tiger Woods became embroiled in a sex scandal, Nike stood by Woods while other high profile sponsors such as AT...
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Top Performing Industries For April 6 (SALM, GRZ, EXK, TLVT)
Wednesday, April 7, 2010 - 3:16pm | 200At 2:14 p.m ET., Dow lost 34.38, or 0.31%, to 10,935.61, while the broader Standard & Poor's 500 index lost 2.72, or 0.23%. The Nasdaq composite index added 0.34, or 0.01%. The industries that are driving the market today are: Broadcasting - Radio: The top gainer of the day, this industry added...
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Gainers And Losers On April 6 (VIRL, WATG, ROG, HTZ, HURN, MEE, TNK)
Wednesday, April 7, 2010 - 6:47am | 287Some of the shares that made impressive moves in the US market yesterday are: Gainers China Information Security Technology Inc (NASDAQ: CPBY) soared 31.6% after it announced that it would be supplying to State Grid Corporation of China. Virage Logic Corp (NASDAQ: VIRL) climbed 14.4% after the...
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China Information Security Tech Gaps Way Higher (CPBY)
Tuesday, April 6, 2010 - 12:20pm | 220Shares of China Information Security Tech (NASDAQ: CPBY) have jumped 32.89% higher to $7.08 today. The State Grid Corporation of China has selected the company's proprietary GeoStar and GeoGlobe geographic information systems as one of its only two suppliers for the build-out of the nationwide...
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EMC Upgraded To Overweight At Piper Jaffray (EMC)
Monday, April 5, 2010 - 12:19pm | 149Piper Jaffray upgraded shares of EMC (NYSE: EMC) from Neutral to Overweight today and raised their price target from $20 to $22. On the day, the stock has gained 2.20% to $18.58 in the wake of this upgrade. EMC currently has a market cap of $38.20 billion and the shares are trading at a forward P/E...
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Apple Inc.’s (AAPL) iPad Probably Set To Beat Estimates
Monday, April 5, 2010 - 11:38am | 437Bloomberg reports that it now seems probable that in its debut weekend Apple Inc.’s (NASDAQ: AAPL) iPad has sold more than double the estimate made by some analysts. This is an indication that Apple Inc.’s Chief Executive Officer, Steve Jobs, may succeed in reviving demand for tablet-style...
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How Mobile Phones and IT Promote Economic Development in Africa and Even Increase Literacy
Thursday, April 1, 2010 - 3:51pm | 593Some excerpts from an excellent Boston Reivew article "Africa Calling: Can mobile phones make a miracle?" by economsits Jenny Aker and Isaac Mbiti: "There are some good reasons to believe that mobile phones could be the gateway to better lives and livelihoods for poor people. While some of the...
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Research In Motion and Apple Inc Tug Technology ETFs In Different Directions
Thursday, April 1, 2010 - 12:52pm | 2286“Wireless HOLDR (WMH) and SPDR Morgan Stanley Technology (MTK) could be in store for declines. Research in Motion (RIMM) continues its evening slide after missing the Street’s expectations with its improved profit,” ONN TV Reports. They go on to say, “(RIMM) reported Q4 revs of $4.08 bln, up 18%...
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SAIC Inc. Breaks the 50 and 200-Day Moving Averages
Wednesday, March 31, 2010 - 10:03am | 124Provider of technical services and solutions to all branches of the United States military, SAIC Inc. (NYSE: SAI) is moving lower this morning after receiving a downgrade to “Market Perform” from “Outperform” over at Wells Fargo; their new price target is $19-20. The stock is currently trading $18....
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Benzinga’s Top Downgrades (FDP , WPC, PSYS, SAI, ARMH)
Wednesday, March 31, 2010 - 9:47am | 251Fresh Del Monte Produce Inc (NYSE: FDP) was downgraded by Sun Trust Robinson Humphrey from “buy” to “neutral.” FDP closed at $20.92 yesterday. FDP has a 52-week trading range of $13.82-$24.77. Read more about this company here. Davenport downgraded WP Carey & Co LLC (NYSE: WPC) from “buy” to “...