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Upside Purchased on Accenture plc (ACN)
Tuesday, June 22, 2010 - 2:27pm | 144Shares of Accenture plc (NYSE: ACN) are flat on the session, currently trading at $38.82. The stock has been drifting lower since a hard sell off in May; the stock is now trading below both the 50-day and 200-day moving averages. Options traders are betting on a rally today. The July $40 call was...
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Cognizant Buys Galileo Performance - Analyst Blog
Friday, June 18, 2010 - 11:21am | 510Cognizant Technologies (CTSH) recently announced that it has acquired information technology (IT) testing consulting services provider Galileo Performance. Galileo helps leading companies in France optimize and extend business performance through IT system measurement, management and testing. ...
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How a Drilling Ban Hurts the Little Guys
Friday, June 18, 2010 - 1:00am | 568While the world waits for oil to stop gushing from the ocean floor, a large group of Americans are waiting to go back to work. Offshore drilling has been shut down since the Deepwater Horizon accident in mid-April that claimed 11 lives and started the massive Gulf of Mexico spill. The longer it...
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CSC Grabs Navy Deal - Analyst Blog
Thursday, June 17, 2010 - 6:09pm | 576Virginia-based software major Computer Sciences Corporation (CSC) recently announced that it has received a U.S. Navy work order under the SeaPort Enhanced indefinite-delivery/indefinite-quantity (“IDIQ") contract signed in April 2004. The $135 million work order for providing support services to...
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Ingram Micro Acquires Albora - Analyst Blog
Thursday, June 17, 2010 - 5:27pm | 367The leading distributor of information technology (IT) products and supply chain solutions, Ingram Micro Inc. (IM), recently announced the acquisition of a distribution company named Albora Soluciones, based in Barcelona, Spain. This purchase will be made through the EMEA arm of Ingram Micro and is...
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Best Chart of a Stock You Never Heard Of
Thursday, June 17, 2010 - 2:11pm | 726Looking through a lot of charts the past 24 hours to see what is strong and it is a very weird mix. Aside from the usual cohort of momo favorites, the relative strength is in utilities, natural gas, a portion of REITs (not all of them), paper & packing companies, consumer non discretionary,...
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Mid-Day Market Movers (ADG, IFLG, MFLR, WGO)
Thursday, June 17, 2010 - 1:35pm | 175The Allied Defense Group Inc (AMEX: ADG) soared 25.35% to $2.72 by 10:05 am. ADG said that the special meeting of stockholders, where the decision to approve the company’s merger with Chemring Group Plc will take place, has been adjourned till June 30. InfoLogix Inc (NASDAQ: IFLG) climbed 20.42% to...
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Zacks Analyst Blog Highlights: Computer Sciences, Microsoft, Hewlett-Packard, Google and Salesforce.com - Press Releases
Wednesday, June 16, 2010 - 8:34am | 1107For Immediate Release Chicago, IL – June 16, 2010 – Zacks.com Analyst Blog features: Computer Sciences Corporation (CSC), Microsoft (MSFT), Hewlett-Packard Company (HPQ), Google (GOOG) and Salesforce.com (CRM). Get the most recent insight from Zacks Equity Research with the free Profit from the...
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CSC Launches CloudLab - Analyst Blog
Tuesday, June 15, 2010 - 4:57pm | 663Leading information technology (IT) and business process outsourcing (BPO) company Computer Sciences Corporation (CSC) is taking aggressive measures to enhance its cloud computing services. The company recently introduced CloudLab, a new development and test service mechanism, operational on the...
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CK Cooper Not Expecting Any Surprises From SRX
Monday, June 14, 2010 - 2:44pm | 193Analysts at CK Cooper reiterate their "hold" rating on SRA International (NYSE: SRX). SRX has scheduled its annual investor day for June 15. CK Copper believes “…there will not be much in the way of surprises, in this note we will highlight what specifically we will be looking for at the investor...
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Put Volume Grows on BMC Software (BMC)
Monday, June 14, 2010 - 2:43pm | 133Shares of BMC Software Inc. (NASDAQ: BMC) are lower on the session, currently trading at $36.76. The stock has been gyrating lower over the past eight weeks and is trading below both the 50-day and 200-day moving averages. Options traders are betting on a further decline in the name and are buying...
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Mid-Day Market Movers (IFLG, NLST, GFC, CRNT)
Monday, June 14, 2010 - 1:33pm | 136InfoLogix Inc (NASDAQ: IFLG) climbed 34.63% to $4.86 by 10:32 am. IFLG’s shares fell 59.89% over the past 52-weeks, while the S&P 500 index gained 15.37%. Netlist Inc (NASDAQ: NLST) soared 23.67% to $3.03. NLST’s HyperCloud memory module has been selected by the UK-based IT solutions provider...
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Oppenheimer's Weekly Software Roundup (SYMC, NSTC, CHKP)
Monday, June 14, 2010 - 12:23pm | 139For the week, Symantec (NASDAQ: SYMC) led risers with a 5% gain, and Ness Technologies (NASDAQ: NSTC) declined the most with a 10% drop. Oppenheimer on Symantec: "We view the 6/10/10 announcement of HP's contract renewal with SYMC as a positive...We reiterate our Outperform rating on SYMC shares...
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World Cup Soccer Stock Portfolio
Saturday, June 12, 2010 - 3:56am | 508The 2010 FIFA World Cup, the top international association soccer (called football outside the US) tournament started yesterday. It is being held in South Africa, and will continue until July 11, 2010. The World Cup is an extremely popular event, and the last game is expected to be the most watched...
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Tech Sector Soared Today On Gains From Blue Chip Stocks
Thursday, June 10, 2010 - 2:07pm | 172Technology stocks are trading in the black today, led by a broad market rally. Major tech stocks jumped on positive economic data from the US and Europe. By 12:25 pm, the Nasdaq Composite Index, which contains many leading tech stocks, climbed 1.66% to 2195. The Philadelphia Semiconductor Index (...