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Active Screen - CANSLIM: Top 8th for June 28th
Tuesday, June 28, 2011 - 10:39am | 1597The CANSLIM top-8 scan saw Research in Motion (RIMM) dropped on fundamentals - finally - and Silver Wheaton Corporation (SLW) in at eighth place. The last installment from June 14th can be found here. The following CANSLIM stock screener settings were employed: Still top dog on the list is AAPL....
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Top Performing Industries For June 28
Tuesday, June 28, 2011 - 10:12am | 189At 10:10 am, the Dow rose 0.69% to 12,126.85, the broader Standard & Poor's 500 index moved up 0.70% to 1,289.11 and the NASDAQ composite index gained 0.69% to 2,706.80. The industries that are driving the market today are: Management Services: This industry jumped 2.78% by 10:10 am. The top...
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Safeguard Scientifics Realizes $145.4 Million in Aggregate Cash Proceeds from Shires Acquisition of Advanced BioHealing
Tuesday, June 28, 2011 - 9:40am | 179Safeguard Scientifics (NYSE: SFE) today announced that its aggregate cash proceeds from the completed sale of life sciences partner company Advanced BioHealing to Shire plc (NASDAQ: SHPGY) are $145.4 million. In addition, $7.3 million will be held in escrow pending the expiration of an escrow...
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Market Update
Tuesday, June 28, 2011 - 9:34am | 155Shares of IAC (NASDAQ: IACI) gained about 0.35% after the company appointed Mike Sorabella as Chief Executive Officer of Shoebuy.com. Mr. Sorabella served as the Chief Financial Officer (CFO) for Shoebuy for six years. Shares of Accenture plc (NYSE: ACN) gained about 5.2% as the company will...
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Accenture Up 5% On S&P 500 Add
Tuesday, June 28, 2011 - 9:32am | 48Accenture Plc (NYSE: ACN) shares are up more than 5% this morning after S&P announced the consulting firm would be joining the S&P 500 index. At last check, shares of Accenture were trading at $60.94, up $3.15 or 5.45% in early Tuesday trade.
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Citi Reiterates Buy on Accenture
Tuesday, June 28, 2011 - 9:19am | 122Citi released its report last night on Accenture (NYSE: ACN), reiterating Buy. In a note to clients, Citi writes, "S&P announced earlier this evening that Accenture will be added to the S&P 500 index effective after market close on July 5. ACN will replace Marshall & Ilsley Corp...
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Jefferies Assumes Coverage on Accenture at Hold
Tuesday, June 28, 2011 - 8:05am | 108Jefferies is out with its report today on Accenture (NYSE: ACN), assuming coverage of ACN at Hold. In a note to clients, Jefferies writes, "In our view, over the past 9-12 months, shares of Accenture have benefited not just from improved fundamentals and strong execution but, in our view, also...
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Jefferies Assumes Coverage on Cognizant Technology at Buy
Tuesday, June 28, 2011 - 8:01am | 108Jefferies is out with its report today on Cognizant Technology (NASDAQ: CTSH), assuming coverage on CTSH at Buy. In a note to clients, Jefferies writes, "We see CTSH as having the best combination of growth and execution in the sector. We think shares have unjustly sold-off since 1Q earnings (...
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UPDATE: Jefferies Assumes Coverage on SAIC at Hold
Tuesday, June 28, 2011 - 7:48am | 119Jefferies is out with its report today on SAIC (NYSE: SAI), assuming coverage on SAI at Hold. In a note to clients, Jefferies writes, "SAI has labored through a challenging federal IT spending environment for the past 12-18 months, and while there are finally some signs of thawing, organic growth...
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UPDATE: Jefferies Assumes Coverage on CACI Intl at Underperform
Tuesday, June 28, 2011 - 7:44am | 113Jefferies is out with its report today on CACI Int'l (NASDAQ: CACI), assuming coverage on CACI at Underperform. In a note to clients, Jefferies writes, "Due to strong recent execution coupled with the pending takeout of competitor SRX (NYSE: SRX) CACI has significantly outperformed the market over...
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Goldman Sachs Discusses Accentures Add To S&P 500
Tuesday, June 28, 2011 - 7:42am | 154Goldman Sachs is out with a research report on Accenture (NYSE: ACN) after S&P announced yesterday it was adding the stock to its S&P 500 index. Shares are on America's Buy List, and it has a $76-$77 target value. In a note to clients, Goldman Sachs writes, "Based on our estimate, the...
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Top Percentage Pre-Market Gainers and Losers
Tuesday, June 28, 2011 - 7:30am | 184Gainers: Accenture PLC (NYSE: ACN) is up over 5% after its addition to S&P 500 Index. LinkedIn (NASDAQ: LNKD) is up over 2% after JPMorgan rated the company Overweight and Bank of America rated the company as a New Buy with a price target of $92. TJX Companies (NYSE: TJX) is up over 1.5% after...
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Morgan Stanley Maintains Overweight Rating On Accenture
Tuesday, June 28, 2011 - 7:18am | 93According to Morgan Stanley, Accenture (NYSE: ACN) Overweight rating is maintained. Morgan Stanley said that ACN's addition to the S&P 500 should create theoretical demand for shares from passive indexers, which adds to our positive view of the stock. “ACN is our highest conviction Overweight-...
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S&P To Add Accenture To S&P 500 Index On July 5
Tuesday, June 28, 2011 - 6:18am | 82Goldman Sachs has published a research report on Accenture PLC (NYSE: ACN) resulting from an S&P announcement after market close on Monday, June 27. In the report, Goldman writes, "After the close on June 27, Standard & Poor's (S&P) announced that shares of Accenture plc (ACN, Buy)...
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US Stock Futures Slightly Down; All Eyes On Greece
Tuesday, June 28, 2011 - 6:15am | 363US stock futures are slightly lower this morning. Greek Parliament is scheduled to vote Wednesday on the EUR28.4 billion, five-year austerity package. Futures on the Dow Jones Industrial Average dropped 13 points to 11,977.00 and futures on the S&P 500 stock index fell 1.80 points to 1,274.50....