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HP Enters Product Deal with Avaya - Analyst Blog
Wednesday, June 30, 2010 - 3:36pm | 799The world’s largest personal computer and server maker, Hewlett-Packard Company (HPQ) recently entered into a three-year contract with Avaya Inc. As per this agreement, HP’s product line will incorporate some Avaya business communication products. The agreement comes as no surprise, because HP has...
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GD Expands Product Line - Analyst Blog
Tuesday, June 29, 2010 - 5:45pm | 481General Dynamics Corp. (GD), through its information technology unit General Dynamics Itronix, launched four new ultra-thin client computers expanding the company’s line of Tadpole products. The four new Tadpole ultra-thin clients include: the Tadpole® M1000, Tadpole M1500, Tadpole Pulsar and...
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Puts Purchased on Infosys Technologies (INFY)
Tuesday, June 29, 2010 - 12:58pm | 116Shares of Infosys Technologies Ltd. (NASDAQ: INFY) are lower on the session by 3.19%, currently trading at $60.12. The stock has been trading largely higher over the past six months; it is trading just off of its recent high near $63.00. Options traders are favoring the put side today. The August...
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Acxiom and Return Path Raise the Bar on Advanced Email Deliverability
Monday, June 28, 2010 - 11:51am | 234Acxiom Corporation (Nasdaq: ACXM) today announced a partnership with Return Path to integrate Return Path's advanced email deliverability tools into the Acxiom Impact-X Email solution suite. Acxiom, which recently received a perfect score for email delivery monitoring in the Forrester Wave: Email...
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Enterprise Spending In Technology Services Intact, Debit Legislation Moves Forward
Monday, June 28, 2010 - 9:58am | 242According to Goldman Sachs, Accenture Plc (NYSE: ACN) growth is back to positive, swinging to a Q1 positive revenue growth from a loss in the year-ago period. “On Europe, ACN noted the region is expected to lag the Americas and there’s some uncertainty, but it has not impacted business yet....
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Mad Money Lightning Round OT (SOLF, FCN, ACN, BPFH, JPM)
Friday, June 25, 2010 - 8:50pm | 219CNBC Mad Money's Jim Cramer said that Solarfun Power Holdings Co., Ltd. (ADR) (NASDAQ: SOLF) is not a good stock to buy. Cramer doesn't like solar stocks and Chinese stocks, and with Solarfun Power Holdings (SOLF) you've got both in one security. He recommended investors to sell this stock....
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Mixed Economic News 06-25-2010
Friday, June 25, 2010 - 2:59pm | 682Cusick's Corner It’s been a choppy session but major markets are a bit higher now amid the news that a financial reform deal was made overnight. Overall economic fears are still weighing on the market. In the morning, GDP came in worse than expected, which was later counter balanced by Consumer...
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Standpoint Research Upgrades Darden Restaurants, Reiterates Buy On Accenture (DRI, ACN)
Friday, June 25, 2010 - 1:19pm | 153Standpoint Research has upgraded shares of Darden Restaurants (NYSE: DRI) from Hold to Buy today. The firm had an open Buy recommendation on DRI in Q1 and closed the position with an 1,800 basis point gain versus the S&P. The shares were hit hard earlier this week after the company reported...
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Company News for June 25, 2010 - Corporate Summary
Friday, June 25, 2010 - 9:57am | 243• Oracle (NASDAQ:ORCL) reported better-than-expected fiscal fourth quarter earnings of 60 cents, eight cents better than Zacks expectations, on revenues of $9.6 billion, up from the $9.5 billion expected. The firm noted, "We continue to take large chunks of market share away from SAP." FBR...
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A Peek Into The Market At The Start Of The Trading Day
Friday, June 25, 2010 - 9:44am | 379Pre-open US stock futures moved up today, after bank stocks rose across the board. The banks got a lift after Congressional negotiators agreed on banking reform rules that were not as harsh as feared. While futures on the S&P 500 added 4.6 points to 1075.10, those on the Dow Jones Industrial...
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Accenture Moving Higher After Reporting Earnings (ACN)
Thursday, June 24, 2010 - 5:57pm | 153Accenture (NYSE: ACN) released its fiscal third quarter earnings after the closing bell on Thursday. The company reported net income of $490.6 million or $0.73 per share compared to $444 million or $0.68 per share in the year ago quarter. Wall Street analysts' consensus EPS estimates going into...
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Puts Purchased on Accenture (ACN)
Thursday, June 24, 2010 - 1:18pm | 150Shares of Accenture plc (NYSE: ACN) are lower on the session by 0.65%, currently trading at $37.92. The stock has been drifting lower over the past two months and is now below both the 50-day and 200-day moving averages. Options traders are buying protection once again. Today, the July $37.50 put...
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Cloud Computing a Plus for BMC - Analyst Blog
Thursday, June 24, 2010 - 10:14am | 658Leading large enterprise software company BMC Software Inc. (BMC) recently announced that its strategic alliance with enterprise cloud computing company Salesforce.com Inc. (CRM) has led to the rapid adoption of the cloud platform by IT professionals. BMC Software noticed that customers/IT majors...
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Calls Purchased on Accenture plc (ACN)
Wednesday, June 23, 2010 - 12:28pm | 130Shares of Accenture plc (NYSE: ACN) are higher on the session by 0.18%, currently trading at $38.31. The stock has been trading lower over the past two months and is now below both the 50-day and 200-day moving averages. Options traders are buying some upside on the stock today. The July $40 call...
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CSC Corp. on a Roll - Analyst Blog
Tuesday, June 22, 2010 - 4:54pm | 579Information Technology (IT) and Business Process Outsourcing (BPO) major, CSC Corp. (CSC) has been awarded two more task orders by the U.S. Navy worth a combined value of $56.0 million. The two task orders, with individual values of $24.0 million and $32.0 million, respectively, were awarded under...