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Stocks To Watch For September 1 (HNZ, PKI, PSS, HPQ, SAI)
Wednesday, September 1, 2010 - 5:04am | 251Some of the stocks that may grab the investor focus today are: Wall Street expects HJ Heinz Company (NYSE: HNZ) to report its earnings at $0.73 per share for the latest quarter. HNZ’s shares gained 0.29% to $46.38 in after-hours trading. PerkinElmer Inc (NYSE: PKI) has announced to sell its...
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Zacks.com featured expert Kevin Matras highlights: Ballantyne Strong, Inc., Herbalife Ltd., iGATE Corp., Quaker Chemical Corp. and Compania Cervecerias Unidas S.A. - Press Releases
Tuesday, August 31, 2010 - 7:15pm | 1220Chicago, IL – August 31, 2010 - Stocks in this week's article include Ballantyne Strong, Inc. (AMEX: BTN), Herbalife Ltd. (NYSE: HLF), iGATE Corp. (NASDAQ: IGTE), Quaker Chemical Corp. (NYSE: KWR) and Compania Cervecerias Unidas S.A. (NYSE: CCU). Kevin Matras looks at the powerful combination of...
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Gartner Cuts Forecast For PC Sales
Tuesday, August 31, 2010 - 2:39pm | 177Technology research firm Gartner (NYSE: IT) has pulled down its forecast for personal computer sales in the second half of the year by 2%. Gartner cited a weak revival in tech spending this year as the reason for the downward revision. Gartner has predicted a 19.2% rise in the global PC sales from...
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Increased Clientele for Red Hat - Analyst Blog
Tuesday, August 31, 2010 - 1:33pm | 1139A leading provider of open source solutions, Red Hat Inc. (RHT) continues to support organizations with a varied business demand in the Information Technology (IT) infrastructure. IT based organizations are aggressively adopting Red Hat’s open solutions and Virtualization technology to grow their...
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Servidyne Declares Quarterly Dividend of $.01 (SERV)
Monday, August 30, 2010 - 2:19pm | 83SERVIDYNE, INC. (Nasdaq: SERV) today reported that the Board of Directors declared a cash dividend in the amount of $.01 per share payable on October 4, 2010, to shareholders of record on September 13, 2010. Established in 1925, Servidyne, Inc. is headquartered in Atlanta, Georgia, and operates...
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IBM Takes Over AT&T Unit - Analyst Blog
Monday, August 30, 2010 - 12:27pm | 1030International Business Machines Corp. (IBM) completed the acquisition of AT&T Inc.’s (T) Sterling Commerce unit. As previously announced in May 2010, IBM signed a definitive agreement to buy Dublin, Ohio-based Sterling Commerce for $1.4 billion in cash. AT&T expects to record a gain of...
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WPCS to Address $3.50 per Share Buyout Offer (WPCS)
Friday, August 27, 2010 - 3:26pm | 116WPCS International Incorporated (NASDAQ: WPCS) has acknowledged a Schedule 13D/A filing made jointly by Riley Investment Partners L.P., Riley Investment Management LLC, B. Riley & Co., LLC, Bryant R. Riley, Lloyd I. Miller, III and Telecom Global Inc. dated August 27, 2010. Andrew Hidalgo,...
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Novell 3Q In Line, Revenue Slips - Analyst Blog
Friday, August 27, 2010 - 12:21pm | 1198Enterprise software developer, Novell Inc. (NOVL) reported third quarter 2010 earnings of 5 cents, in line with both the Zacks Consensus Estimate and the year-ago quarter. Earnings include stock based compensation but exclude one time item. The better-than-expected result was primarily driven by...
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Mid-Day Market Movers (WPCS, NZ, PAR, BSDM)
Friday, August 27, 2010 - 11:13am | 164WPCS International Incorporated (NASDAQ: WPCS) jumped 26.29% to $3.17 at 10:40 am. WPCS’ shares have lost 25.52% over the past 52 weeks, while the S&P 500 index has gained 1.58% in the same period. Netezza Corporation (NYSE: NZ) climbed 26.14% to $18.82. NZ had reported a strong y/y rise in its...
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Accenture Wins Outsourcing Deal - Analyst Blog
Friday, August 27, 2010 - 7:36am | 401Technology services and outsourcing company Accenture Inc. (ACN) announced that it has been awarded with a 3-year contract by Norwegian aluminum producer Norsk Hydro ASA. Financial details were not disclosed. As per the terms of the contract, Accenture will provide technical support and...
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Rating Agencies Upgrade Unisys - Analyst Blog
Thursday, August 26, 2010 - 6:57pm | 409Standard & Poor's (S&P) Ratings Services recently upgraded its corporate credit rating on Unisys Corporation (UIS) to B+ from B driven by improved operating performance. The ‘B’ rating from S&P indicates that the financial situation of the company will vary noticeably and continues...
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3 NASDAQ Stocks Rising In Today's Market (CERP, ZANE, TRGL)
Thursday, August 26, 2010 - 2:45pm | 214Despite the intraday weakness that the broader markets are seeing, there are certain stocks that rising in today's market. Shares of Toreador Resources Corporation (Nasdaq: TRGL) are rising 8.76% today to trade at $8.32 on 450,000 shares today. Toreador Resources Corporation, together with its...
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What's Hot On TheStreet
Wednesday, August 25, 2010 - 12:46pm | 308Here's what Benzinga's reading on our friend, TheStreet.com. What's Hot On TheStreet 5 Personalities of Retiring Boomers Here's a recent study with more gravitas than one of those Facebook-clogging character quizzes: summaries by Allianz Life Insurance Co. of North America of baby boomers' five...
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Colonizing the Plantation of the Mind
Wednesday, August 25, 2010 - 9:32am | 1987The plantation economy's most valuable colony is the one in our minds. All plantation economies rely on exploiting colonies not just for materials and labor, but as controlled markets for the home economy's products. Thus Great Britain imposed restrictions on cotton weaving in India, forcing its...
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Late Market Roundup (MDT, UIS, DAKT, DTPI)
Tuesday, August 24, 2010 - 2:25pm | 262The decline in the shares of Medtronic (NYSE: MDT) dragged down the stocks in the healthcare sector. MDT’s shares moved down after the company reported weaker-than-expected Q1 results. MDT has also lowered its projections for FY11. MDT’s shares dipped about10% following the results. Standard...