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Stock Market News for January 12, 2010 - Market News
Tuesday, January 12, 2010 - 10:23am | 401U.S. markets ended Monday on a mixed note as an advance in industrial stocks, helped by a record rise in Chinese exports, was offset by a selloff in technology shares. Stocks seesawed in a narrow range as traders refrained from making big moves ahead of the upcoming earnings season. After the bell...
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News Round-Up (BXP, DAL, AMR, GLW, MKND, DOX, SAPE)
Monday, January 11, 2010 - 3:25pm | 412New York Daily News owner Mortimer Zuckerman takes charge of Boston Properties (NYSE: BXP) following the demise of co-founder and CEO Edward Linde on Sunday due to pneumonia related complications. Recent reports from Tokyo have indicated that Japan's turnaround czar favors a tie-up of Japan...
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Dorfman Finds Stocks Loved By Analysts Hard To Recommend (VNP.TO, RGA, FSYS, CMS)
Monday, January 11, 2010 - 3:02pm | 283According to John Dorfman, the possibility of analyst predictions turning wrong is quite high. Most of the stocks that have been favorites of all the Wall Street analysts have either remained flat or fallen sharply over the year. He cites the example of Accenture (NYSE: ACN), which had plunged 33%...
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Top 5 Small-Cap Stocks In The Technology Sector With The Lowest PEG (TCX, SOLR, UNTD, CNXT, CPBY)
Monday, January 11, 2010 - 8:38am | 184Below are the top 5 small-cap technology stocks on the NASDAQ and the NYSE in terms of PEG. Tucows Inc (NYSE: TCX) has a PEG ratio of 0.2. TCX’s market capitalization is $46.3 million. TCX’s trailing-twelve-month ROE is 45.63%. GT Solar International Inc (NASDAQ: SOLR) has a PEG ratio of 0.35. SOLR...
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January 9, 2010: Seven Ideas For 2010, So Says The Screen
Friday, January 8, 2010 - 7:51pm | 417Occasionally I will prepare a screen with parameters that bring far-fetched criteria into play to create a list of stocks for potential inclusion within my portfolio. Most stocks that turn up on this type of list are discarded. But, like my visual scanning years ago of Barrons and the Wall Street...
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Company News for January 08, 2010 - Corporate Summary
Friday, January 8, 2010 - 10:20am | 344• UBS (NYSE:UBS) upgraded Barclays (NYSE:BCS) to "buy" from "neutral" • Macquarie downgraded Boeing (NYSE:BA) shares to "neutral" from "outperform." The company had risen to a 52-week high in yesterday's trade on improving passenger prospects for airlines • TSMC (NYSE:TSM), the largest contract...
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IT Leveraged To IT Spending Rebound
Thursday, January 7, 2010 - 1:26pm | 128Analysts at Piper Jaffray upgrade Gartner Inc (NYSE: IT) from "neutral" to "overweight," while reducing their estimates for the company. The target price for IT has been raised from $19 to $27. According to Piper Jaffray, Gartner is expected to witness accelerated revenue and earnings growth in the...
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Economic Effects Of Tiger’s Misses!
Thursday, January 7, 2010 - 10:44am | 124Tiger Woods' career totals include 14 Grand Slam tournament victories, plus a number of "transgressions" and as much as $12 billion in wealth destruction because of them. That last figure arises from a study released last week that made headlines world-wide. Researchers examined the stock prices...
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Nuance Communications (NUAN) To See Better Business Based On User Industries Data
Wednesday, January 6, 2010 - 1:49pm | 126First Analysis Securities Corporation is optimistic about Nuance Communications (NYSE: NUAN) based on recent auto and handset activity. The securities firm said in a report that automakers reported stronger-than-expected December sales, with units growing 15% year-over-year. It was the year's...
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Vanity Fair Depicts Tiger Woods Shirtless
Tuesday, January 5, 2010 - 9:24am | 149The Tiger Woods Scandal refuses to die down even with little or no new details surfacing in weeks. A case in point is this month's shirtless Tiger Woods Vanity Fair cover. In addition to "raw" and "never-before-seen" photos by Annie Liebovitz (taken before the scandal), Vanity Fair features an...
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As Indian Firms Hire 1300 Americans in Ohio, Governor Rejoices
Monday, January 4, 2010 - 2:30pm | 2756Taking a break from the fully subsidized stock market and returning to the fully subsidized - with money we don't have - economy.... It appears after a few decades of moving first blue collar work outside the country, and now increasingly white collar work [Aug 15, 2008: Cost Cutting in New York's...
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Cramer's 2010 Tech Picks (CSCO, VMW, ACN)
Sunday, January 3, 2010 - 1:40pm | 257Stephanie Link, director of research for Cramer's Action Alerts PLUS, said on thestreet.com that Cisco (NASDAQ: CSCO), VMWare (NASDAQ: VMW) and Accenture Plc (NYSE: ACN) are technology stocks to own in 2010. Cisco (CSCO) is interesting company because it recently reiterated its long term growth...
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Affiliated Extends IT Contract - Analyst Blog
Tuesday, December 29, 2009 - 12:15pm | 514Affiliated Computer Services, Inc. (ACS) announced an extension of a three-year information technology (IT) contract through 2015 with DCP Midstream, a Denver-based energy company. The contract is worth $72 million. Based in Dallas, ACS delivers comprehensive business process outsourcing (BPO)...
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IBM Signs Contract with Indian Bank - Analyst Blog
Tuesday, December 29, 2009 - 12:00pm | 307International Business Machines Corp. (IBM) announced the signing of a 10-year information technology (IT) services agreement with Sardar Bhiladwala Pardi People's Co-operative Bank Ltd. (SBPPCB), a leading co-operative bank in Gujarat, India. Under the agreement, IBM will provide Managed...
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Stocks That Crossed Their 52-Week Highs (SMLC, ACXM, ARLP, ASPS, AMMD)
Monday, December 28, 2009 - 3:20pm | 197012 Smile.Communications Ltd (NASDAQ: SMLC) shares crossed their 52-week high threshold of $20.90 to create a new high of $22.50. SMLC’s shares are up 7.66%. SMLC provides a range of broadband and traditional voice services in Israel. Acxiom Corporation (NASDAQ: ACXM) shares rose 1.86% to $14.24....