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Is Tiger Woods Fallout Heralding An End of the Expensive Endorsement Era?
Wednesday, December 16, 2009 - 11:39am | 320When Tiger Woods was dropped by Buick in 2008, it was just a decision prompted by recession. However, with Woods getting embroiled in the controversy surrounding his extramarital relations, Accenture (NYSE: ACN) has dropped him and Gillette has put him on a “hiatus.” The reaction of the Big Brands...
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Entergy Extends IT Contract - Analyst Blog
Tuesday, December 15, 2009 - 2:31pm | 452Entergy Corp. (ETR) has extended its contract with information technology (IT) services provider – Science Applications International Corp. (SAI) till 2015. The six-year contract carries a total value of more than $219 million. The work on the contract will be performed primarily in New Orleans,...
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Forrester Research (FORR) Is a Good Buy
Monday, December 14, 2009 - 4:08pm | 91General economic recovery bodes well for research firm Forrester Research (NASDAQ: FORR). It is likely to improve its subscription renewal cycle. Forrester research has approximately 40% of its research subscriptions up for renewal in Q4. Forrester is also expected to make several acquisitions in...
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The Bright Side Of Tiger (ACN, CVX)
Monday, December 14, 2009 - 9:42am | 140Former bartender Brian Kimbrough blamed Tiger Woods for stealing his hot girlfriend, Julie Postle. He claims that Tiger invited her to his mansion and made innumerable calls on her mobile. Tiger Woods, a brand ambassador of companies like Accenture Plc (NYSE: ACN)(FREE stock trend analysis) and...
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Accenture (ACN) Marks First Sponsor to Cut Ties with Woods
Monday, December 14, 2009 - 7:03am | 133Consulting firm Accenture (NYSE: ACN) has ended its association with Tiger Woods, marking the first major sponsor to cut ties altogether with the golfer since his alleged infidelities surfaced and he announced an indefinite leave from the sport to work on his marriage. In its first statement since...
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S&P 500 To Add Five New Names
Saturday, December 12, 2009 - 9:42pm | 144The S&P 500 Index will add five new memberts to its roster on December 18 while saying good-bye to another five. New additions include minerals firm Cliffs Natural Resources (NYSE: CLF), baby formula maker Mead Johnson Nutrition (NYSE: MJN), discount retailer Ross Stores (Nasdaq: ROST),...
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Top 5 Large-Cap NASDAQ Stocks with Best ROA (GILD, BIDU, FSLR, MSFT, CTSH)
Friday, December 11, 2009 - 9:13am | 229Below are the top 5 large-cap stocks on the NASDAQ in terms of ROA. The twelve-month-trailing return on assets for Gilead Sciences Inc (NASDAQ: GILD)(FREE stock trend analysis) is 25.26%. GILD’s market capitalization is $41.66 billion. Morgan Joseph upgraded GILD from “hold” to “buy.” The trailing-...
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SAIC Wins $219 Million Contract From Entergy
Thursday, December 10, 2009 - 2:56pm | 65Science Applications International (NYSE: SAI)(FREE stock trend analysis) will continue providing information technology services to power plant operator Entergy (NYSE: ETR) under a six-year $219 million contract. Work will be performed primarily in New Orleans, Little Rock, Ark., and Houston. SAIC...
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Naughty America Had Tiger In The Woods
Thursday, December 10, 2009 - 8:53am | 157Porn Star Holly Sampson had bragged online about the fact that she had sex with Tiger Woods 6 months back. It seems she hooked up with him on his own bachelor party where Tiger had chosen her over other girls and that she quite enjoyed getting intimate with him. She even mentioned in the online...
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Cisco Outlines Growth Strategy - Analyst Blog
Wednesday, December 9, 2009 - 6:44pm | 786CEO John Chambers outlined Cisco Systems’ (CSCO) growth strategy at the company’s analyst day. Other than a reiteration of its long-term revenue growth target of 12-17% a year and its plans of expanding into 30 market adjacencies, management stated that it intends to focus on data centers, video...
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Fox Catches Tiger Woods Hiding In A Private Island
Wednesday, December 9, 2009 - 12:46pm | 81Fox news reported that Tiger Woods and wife Elin Nordegren are planning to move temporarily to a private island near Sweden to escape from media glare. Companies with whom he has endorsement deals: Accenture Plc (NYSE: ACN), NIKE Inc. (NYSE: NKE), American Express Company (NYSE: AXP) and...
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Positive Year Expected For IT Hardware
Wednesday, December 9, 2009 - 12:20pm | 212The first day of the Global Technology Conference hosted by Barclays Capital (NYSE: BCS) has seen positive vibes emerge for the hardware industry’s year ahead. The key participants at the conference include IBM (NYSE: IBM), NetApp (NASDAQ: NTAP), Lexmark (NYSE: LXK), Ingram Micro (NYSE: IM), Tech...
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JP Morgan Issues Underperform Rating For SAIC (SAI) With Stock Declining 7% YTD
Wednesday, December 9, 2009 - 12:00pm | 82JPMorgan has issued Underweight rating with a target price of $17 for SAIC, Inc. (NYSE: SAI). The stock is trading at $18.04 and the rating was attributed to an expected size of defense budget in a more fiscally constrained environment, stricter contractor oversight and in-sourcing. JP Morgan...
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Benzinga’s Top Downgrades (KMB, MITI, CAN, CFX, KR, MDAS)
Wednesday, December 9, 2009 - 11:34am | 193Kimberly-Clark Corporation (NYSE: KMB) has declined 1.43% to $63.98 in the morning session after Barclays downgraded KMB to from Equal-weight to Underweight and has lower the price target to $66 from $68. Micromet Inc. (NASDAQ: MITI) fell 1.07% to $6.48 after Roth Capital downgraded Micromet from...
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Controversy Pushes Tiger’s Ads Off The Screen
Wednesday, December 9, 2009 - 5:57am | 142Prime-time broadcast television and major cable channels seem to have shunned Tiger Woods, following the controversy surrounding his personal life. According to New York based Nielsen Co., the last prime-time ad featuring Tiger Woods was aired on Nov.29. The 33-year-old No.1 Golfer has suffered a...