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Coverage Initiated For Rubicon Tech
Friday, October 1, 2010 - 10:11am | 19Merriman has initiated coverage for Rubicon Technology (NASDAQ: RBCN) at Sell.
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Credit Suisse Rates ASML At Outperform (ASML)
Friday, October 1, 2010 - 8:05am | 167Credit Suisse rates ASML Holding N.V. (ADR) (NASDAQ: ASML) at Outperform, as it believes in the PC shipment story through next year. In the research report, Credit Suisse writes, "Bottom line: We remain constructive on ASML as we believe: (i) Despite mid-summer weakness in PCs and current worries...
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DA Davidson Initiates FEIC With Buy
Friday, October 1, 2010 - 6:47am | 50Analysts at DA Davidson initiate coverage of FEI Company (NASDAQ: FEIC) with a "buy" rating. The target price for FEIC is set to $26. FEIC shares lost 2.0% to close at $19.57 yesterday. More Analyst Ratings here
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Mad Money Lightning Round: Cramer Considers First Niagara Financial As A Great Bank, Likes Cisco Systems (MHS, UA, FNFG, RBCN, BRCD, CSCO)
Friday, October 1, 2010 - 5:29am | 182On CNBC's Mad Money, Jim Cramer said during the Lightning Round that he called MedcoHealth Solutions (NYSE: MHS) at $45. He added that, “The stock hasn't looked back." For Under Armour (NYSE: UA), he mentioned, "Here's the problem, the shoe business is too hard for UnderArmour. They need to stick...
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Aehr Test Systems Reports Financial Results for First Quarter Fiscal 2011
Thursday, September 30, 2010 - 4:16pm | 272Aehr Test Systems (Nasdaq: AEHR), a worldwide supplier of semiconductor test and burn-in equipment, today announced financial results for the first quarter ended August 31, 2010. Net sales were $2.2 million in the first quarter of fiscal 2011, compared with $1.3 million in the first quarter of...
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Thursday's Put/Call Ratio Leaders (SLAB, TLAB, LRCX, SPWRB, BIIB)
Thursday, September 30, 2010 - 12:13pm | 115Here is a quick peek at stocks that have abnormally high daily put/call ratios today relative to their average…. 1. Silicon Labs (NASDAQ: SLAB) 3,009 puts, 11 calls 2. Tellabs Inc. (NASDAQ: TLAB) 3,788 puts, 57 calls 3. Lam Research Corp. (NASDAQ: LRCX) 2,828 puts, 253 calls 4. SunPower Corporation...
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Trio-Tech Fiscal 2010 Revenue Increases 85%
Thursday, September 30, 2010 - 10:41am | 98Trio-Tech International (TRT) announced today that revenue for the fourth quarter of fiscal 2010 tripled to $12,874,000 compared to $4,328,000 for the fourth quarter of fiscal 2009. Net income for the quarter was $323,000 compared to a loss of $683,000 for the same quarter last year. Revenue from...
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Price Target Increase On MEMC Electronic Materials
Thursday, September 30, 2010 - 10:25am | 173Jefferies & Company is raising its price target on Suntech Power Holdings (NYSE: WFR) from $10.00 to $11.00 a share. In its research report, Jefferies & Company writes, "As a leading polysilicon supplier we believe WFR will have higher than previously expected ASPs through 2011. We adjust...
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Axcelis CFO to Retire (ACLS)
Thursday, September 30, 2010 - 8:12am | 71Axcelis Technologies, Inc. (Nasdaq: ACLS) today announced that Stephen Bassett, the company's Chief Financial Officer, will retire on March 31, 2011. The company has initiated a search for his successor. Bassett joined Axcelis in 2003 as Executive Vice President and Chief Financial Officer. During...
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Benzinga's Volume Movers (CLR, BCSI, NANO, CSIQ)
Wednesday, September 29, 2010 - 1:12pm | 158Oclaro Inc (NASDAQ: OCLR) shares moved up 10.26% to $16.33 at 12:19 pm. The volume of OCLR shares traded was 434% higher than normal. OCLR had announced the opening of a Design Center in Oro Valley that will provide specialized diode laser packaging designs Blue Coat Systems Inc (NASDAQ: BCSI)...
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Nano Is Big Today (NANO)
Wednesday, September 29, 2010 - 11:36am | 79Shares of Nanometrics Incorporated (NASDAQ: NANO) are up big today, hitting a 52 week high on strong volume. Volume is exceptionally strong today, having already traded more than 1.1 million shares today, when the average volume is around 800,000 shares. At last check, shares of Nanometrics were...
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Oppenheimer's Morning Research (ENDP, RBCN)
Wednesday, September 29, 2010 - 8:42am | 230Oppenheimer & Co. is out with its morning research report, and it covers Endo Pharmaceuticals (NASDAQ: ENDP) and Rubicon Technology, Inc. (NASDAQ: RBCN) in the report. Regarding Endo, Oppenheimer says, "As of 9/29, we are upgrading shares of ENDP to Outperform from Perform and are establishing...
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Benzinga's Top ETF Decliners (SOXS, ZSL, TZA, DAG)
Tuesday, September 28, 2010 - 5:46pm | 163Direxion Daily Semiconductor Bear 3X Shares (NYSE: SOXS) fell 4.93% today, and closed at $28.57. In the semiconductor space, KLA-Tencor Corporation (NASDAQ: KLAC) gained 3.22%, and Intel Corporation (NASDAQ: INTC) added 1.38%. ProShares UltraShort Silver (ETF) (NYSE: ZSL) dropped 3.19% today, as...
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Benzinga's Top ETF Gainers (SOXL, TNA, AGQ, TUR)
Tuesday, September 28, 2010 - 5:35pm | 151Direxion Daily Semiconductor Bull 3X Shares (NYSE: SOXL) gained 4.66% on Tuesday, as the semiconductor stocks traded higher. KLA-Tencor Corporation (NASDAQ: KLAC) jumped 3.22%, and closed at $34.90. Direxion Daily Small Cap Bull 3X Shares(ETF) (NYSE: TNA) added 2.78%, on the strength in the Russell...
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Benzinga's Top Pre-Market NASDAQ Gainers (SCHS, DRYS, EGLE, AIXG)
Tuesday, September 28, 2010 - 8:38am | 125School Specialty Inc (NASDAQ: SCHS) rose 10.86% to $14.29 in the pre-market session. SCHS earnings are likely to advance by 164.29% in the next year. DryShips Inc (NASDAQ: DRYS) added 8.05% to $4.83 in the pre-market session. Morgan Stanley upgraded DRYS from "underweight" to "equal weight." Eagle...