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NASDAQ Stocks Hitting 52-Week Highs (INET, MICC, NUHC, SAPE)
Monday, September 20, 2010 - 11:59am | 181Internet Brands Inc (NASDAQ: INET) shares reached $13.19 to create a new 52-week high, before falling to $13.18, representing a 44.68% gain. INET has agreed to be purchased by an affiliate of Hellman & Friedman Capital Partners VI, LP for about $640 million or $13.35 per share in cash,...
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FTI Raises Senior Notes Offering - Analyst Blog
Monday, September 20, 2010 - 10:42am | 475FTI Consulting Inc. (FCN) announced that it has raised its senior notes offering in a private placement to $400 million from its previous offering of $350 million. The senior notes bear an interest rate of 6.75% and will mature in ten years. The senior note offering is expected to close on...
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ITT to Acquire Airport Operations Solutions group from SRA International (ITT, SRX)
Monday, September 20, 2010 - 9:01am | 74ITT Corporation (NYSE: ITT) today announced it has reached a definitive agreement with SRA International, Inc. (NYSE: SRX) under which ITT will acquire SRA's Airport Operations Solutions (AOS) group. The terms of the agreement were not disclosed. The transaction is expected to close within the...
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Maximus Board Approves Plan To Buyback An Additional $100 Million
Monday, September 20, 2010 - 8:47am | 144The board of directors of Maximus Inc (NYSE: MMS) has approved an additional share buyback plan worth $100 million. The company's board had earlier authorized a share buyback of $75 million in 2008. Out of the earlier approved program, $22.3 million were still available as of September 15. Richard...
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IBM Launches New Software - Analyst Blog
Friday, September 17, 2010 - 12:03pm | 1176A leading Information Technology (IT) solutions provider International Business Machines Corp. (IBM) announced a new software portfolio that enriches the overall Web experience. The software focuses on improving communication channels between organizations and their clients over the Web and...
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Benzinga's Top Pre-Market NASDAQ Losers (ARNA, OREX, ACFN, VVUS)
Friday, September 17, 2010 - 9:21am | 155Arena Pharmaceuticals Inc (NASDAQ: ARNA) dipped 44.12% to $2.09 in the pre-market session. Analysts at Piper Jaffray downgrade ARNA from "overweight" to "neutral." Orexigen Therapeutics Inc (NASDAQ: OREX) lost 9.01% to $6.16 in the pre-market session. OREX shares have fallen 26.65% over the past...
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Goldman Gives IT Services Color
Friday, September 17, 2010 - 8:47am | 180A recent report from Goldman Sachs gave updates within the IT and services industry. Sapient's (NASDAQ: SAPE) analyst day was highlighted and Goldman expects no financial update with a focus on demand trends and continued success in its integrated market approach bringing together interactive...
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Zacks Analyst Blog Highlights: Sohu.com, Baidu.com, Google, Sina and McAfee - Press Releases
Friday, September 17, 2010 - 8:03am | 1780For Immediate Release Chicago, IL – September 17, 2010 – Zacks.com Analyst Blog features: Sohu.com Inc. (SOHU), Baidu.com (BIDU), Google Inc. (GOOG), Sina Corp. (SINA), and McAfee Inc. (MFE). Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http...
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IBM Acquires OpenPages - Analyst Blog
Thursday, September 16, 2010 - 5:39pm | 1299International Business Machines Corp. (IBM) continued its acquisition spree, with the latest candidate being privately held software company OpenPages. Terms of the deal were not disclosed. Based in Waltham, Massachusetts, OpenPages develops risk and compliance management software. According to...
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McAfee Joins Up with D-Link - Analyst Blog
Thursday, September 16, 2010 - 3:30pm | 443Information Technology (IT) security solutions provider McAfee Inc. (MFE) has joined with end-to-end networking solutions provider D-Link. As per this recent agreement, D-Link will capitalize on the McAfee Global Threat Intelligence Web reputation and use it in conjunction with the company's...
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Digital Angel Receives Proposal for Acquisition
Thursday, September 16, 2010 - 3:17pm | 80Digital Angel (NASDAQ: DIGA) today confirmed that it has received an unsolicited, non-binding proposal from PositiveID Corporation (NASDAQ: PSID) that, subject to due diligence and other unstated conditions, PSID is prepared to make an offer to purchase all the outstanding common shares of Digital...
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VMware Offers Fusion @ $9.99 - Analyst Blog
Thursday, September 16, 2010 - 12:39pm | 974A leading provider of virtualization infrastructure software solutions VMware Inc. (VMW) has launched a limited period VMware Fusion upgrade program for users of Parallels Desktop, Macintosh version, for $9.99. Under the program, Parallels Macintosh users will be able to switch over to VMWare...
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Downside Purchased on SAIC Inc. (SAI)
Thursday, September 16, 2010 - 10:32am | 195Shares of SAIC, Inc. (NYSE: SAI) are higher on the session by 3.03%, currently trading at $15.66. The stock has been moving largely lower over the past nine months, off from a recent high near $19.75. Options traders are buying protection on shares today as well. Just a short while ago the...
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TechTeam Global Adds Latin American Support for Ford (TEAM, F)
Thursday, September 16, 2010 - 9:04am | 104TechTeam Global, Inc. (Nasdaq: TEAM) today announced that its Single Point of Contact IT support services contract with Ford Motor Company (NYSE: F) has been expanded to include Ford's locations in Latin America. Under the terms of the agreement, TechTeam will provide service desk, desk-side and...
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FTI Offers Senior Notes - Analyst Blog
Wednesday, September 15, 2010 - 4:42pm | 420FTI Consulting Inc. (FCN) announced its intention to offer of $350 million senior notes in a private placement. The senior notes bear an interest rate of 4.45% and will mature in ten years. The company plans to use the sale proceeds from the offering to finance a simultaneously announced cash...