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Stocks To Watch (NSM, ABX, PER, HOG)
Monday, October 12, 2009 - 5:45am | 176National Semiconductor Corporation (NYSE: NSM) said that Donald Macleod will succeed Brian Halla as chief executive when Halla retires. Halla will retire as CEO on Nov. 30 but will remain chairman. Macleod, who currently serves as president and chief operating officer, will hold the positions of...
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Stocks to Watch (TELK,QLTI,BLUD,FSLR,ACN)
Friday, October 2, 2009 - 5:58am | 341Telik, Inc. (NASDAQ: TELK) rallied 22.78% to $0.97 in after hours trading after announced the publication of the positive results from a Phase 1-2a multicenter, dose-ranging study of TELCYTA in combination with carboplatin and paclitaxel as first-line therapy for patients with nonsmall cell lung...
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Today’s Earnings Preview (STZ,CAN,BLUD,GPN,ZLC)
Thursday, October 1, 2009 - 7:02am | 214Constellation Brands, Inc. (NYSE: STZ) is expected to report second-quarter earnings of 42 cents a share, according to analysts surveyed by FactSet Research. Wednesday, shares of STZ closed at $15.15. Accenture Plc (NYSE: ACN) is expected to report earnings of 63 cents a share in the fiscal fourth...
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Perot Systems shares rise 6% on Dell's acquisition move
Monday, September 21, 2009 - 2:53pm | 165Perot Systems Corp (PER) share price jumped more than 65 percent to $29.68 during Monday intraday trading after computer maker Dell, Inc. (DELL) announced its $3.9 billion acquisition deal to acquire the former. The offer price of $30 per share is a 68 percent premium over the Friday closing price...
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Integral Systems (ISYA) Announces Preliminary Court Approval of Voluntary Dismissal in Shareholder Derivative Litigation
Monday, September 21, 2009 - 12:58pm | 50Integral Systems, Inc., (NASDAQ: ISYS) announced that an order has been filed preliminarily approving voluntary dismissal of a shareholder derivative action. The lawsuit was filed on July 14, 2009 in the United States District Court for the District of Maryland. The order included a Notice of...
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DELL Inc. (DELL) may test lower support levels
Monday, September 21, 2009 - 12:21pm | 95DELL Systems Inc. (NASDAQ: DELL) witnessed an early selling pressure on Monday, following the announcement of news that DELL had decided to acquire PEROT Systems (PER) for $3.9 billion. The DELL stock, after opening with a gap down movement, faced further selling pressure to lose over 4.55% in...
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Today's Morning Top Gainers (HNSN,FFBC,CUR,PER,CHIP)
Monday, September 21, 2009 - 12:11pm | 297VeriChip Corporation (NASDAQ: CHIP) is among the top percentage gainers in morning trade and surged 225% to $3.73 on huge volume of 12.78 million shares after VeriChip and its development partner RECEPTORS LLC, announced today that VeriChip has been granted an exclusive license to RECEPTORS'...
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New 52-Week High Stocks (CHIP,PER,TLAB,NTAP,GTN)
Monday, September 21, 2009 - 11:17am | 247VeriChip Corporation (NASDAQ: CHIP) crossed its earlier 52-week high of $1.28 and touched a new 52-week high at $3.43 in today’s morning trade. Currently the stock is trading at $3.17, up 176% on 6 million shares after VeriChip and its development partner RECEPTORS LLC, announced today that...
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Perot Systems (PER) surges on acquisition by DELL
Monday, September 21, 2009 - 11:17am | 71Perot Systems (NYSE: PER) started the week with a major gap up opening and surged by almost 65% in first 90 minutes on high volumes, following the confirmation of news that DELL Inc. (NASDQ: DELL) was buying the PEROT Systems (PER) for $3.9 billion cash. Traders having long positions in PER, should...
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NCI Inc (NCIT) Wins Order Worth $48.9M.
Friday, September 18, 2009 - 3:38am | 89NCI, Inc. (NASDAQ: NCIT), a leading provider of information technology (IT), engineering, and professional services and solutions to U.S. Federal Government agencies, announced that it was awarded a task order valued at approximately $48.9M. NCI and its team members, will provide engineering,...
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Canon (CAJ) and HP (HPQ) Alliance to Market and Distributea New Range of Multifunction Office System
Monday, September 14, 2009 - 5:37am | 116Canon Inc. (NYSE: CAJ) and HP (NYSE: HPQ) to market and distribute Canon’s leading multifunction devices and HP’s enterprise printing and imaging assets. The alliance to offer customers a new class of web-enabled solutions that combine Canon’s superior multifunction device processing and...
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Yucheng Technologies (YTEC) to Establish R&D Centers in Tianjin
Thursday, September 10, 2009 - 7:36am | 78Yucheng Technologies Limited (Nasdaq: YTEC) will establish R&D and delivery centers in Tianjin and expects to open center in the first half of 2010. It will help the company to capitalize on the city's IT talent pool and lower cost structure. Tianjin R&D center will act as the northern...
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New Data Conditioning Platform Strategy for Cloud Computing and Enterprise Data Center Environments Released by Adaptec (ADPT)
Wednesday, September 9, 2009 - 6:13am | 94Adaptec, Inc. (Nasdaq: ADPT) unveiled a strategic vision, called the Adaptec Data Conditioning Platform strategy, for developing new and better methods for intelligently routing, optimizing and protecting data as it moves through the I/O path. This intelligent I/O management approach will result...
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China Information Security Technology (CPBY) Wins $11M Contract
Tuesday, September 8, 2009 - 7:47am | 66China Information Security Technology, Inc. (NASDAQ: CPBY), a leading total solutions provider of digital security, geographic and hospital information systems in China, was awarded an $11M contract for Phase I of the Shenzhen Emergency Command Digital Trunking Mobile Communications System Project...
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Cognizant (CTSH) Buys Pepperweed Advisor Assets
Tuesday, September 8, 2009 - 7:33am | 114Cognizant (NASDAQ: CTSH), a leading provider of consulting, technology, and business process outsourcing (BPO) services, announced the take- over of substantially all of the assets of Pepperweed Advisors. Pepperweed Advisors is the IT consulting services division of Pepperweed Consulting. The...