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Possible Bounce Plays for Thursday
Wednesday, June 15, 2011 - 6:14pm | 1979( click to enlarge ) Hello Traders, FormFactor, Inc. (NASDAQ:FORM) could be a solid bounce play after hitting a bottom where its support levels are. Take a look at the chart above to see the technicals on FORM....Technically speaking, the stock looks weak as the stock is still trading below...
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Rubicon Technology Reaffirms Q2 Guidance
Wednesday, June 15, 2011 - 4:09pm | 235Rubicon Technology, Inc. (NASDAQ: RBCN) today reaffirmed its previously issued second quarter 2011 revenue and earnings guidance and clarified its projected tax rate for the second quarter and remainder of the year. The Company reported that it is having another solid quarter and estimates that...
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Technology Sector Extending Losses
Wednesday, June 15, 2011 - 1:33pm | 368The Technology sector is continuing to weaken throughout today's trading session, currently down 1.8% on the day. The weakest stocks in the S&P Technology Sector currently are 1) Autodesk (NASDAQ: ADSK): Shares of Autodesk are currently trading down 3.9% from yesterday's close to $36.43. The...
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Clean Energy Trading Alert; Solar Stocks Get a Boost from Solar City's Partnership Announcement with Google
Wednesday, June 15, 2011 - 12:15pm | 1268June 15, 2011 (Investorideas.com renewable energy/green newswire) Investorideas.com, a leader in cleantech investor research, reports on trading for solar and renewable energy stocks trading for June 14th featuring GT Solar International, Inc. (NASDAQ: SOLR), JA Solar Holdings, Co., Ltd. (NASDAQ:...
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Benzinga's Top ETF Gainers, June 14th (CZM, TNA, SOXL, ERX)
Tuesday, June 14, 2011 - 6:29pm | 217Direxion Daily China Bull 3x Shares ETF (NYSE: CZM) spiked 7.04%, and it closed at $41.42 as Baidu.com, Inc. (ADR) (NASDAQ: BIDU) jumped 5.75%, and China Petroleum & Chemical Corp. (ADR) (NYSE: SNP) added 1.43%. Direxion Daily Small Cap Bull 3X Shares(ETF) (NYSE: TNA) traded higher today,...
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Technology Sector Update 6/14/2011
Tuesday, June 14, 2011 - 1:30pm | 315The Technology Sector is showing strength in today's action, currently trading up 1.4% on the day. The strongest stocks currently in the S&P 500 Technology Sector are: 1) MEMC Electronic Materials (NYSE: WFR): Shares of MEMC Electronic Materials are currently trading up 5% from yesterday's...
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Goldman Sachs Upgrades WFR to Neutral Rating and Lower PT
Tuesday, June 14, 2011 - 8:26am | 106According to a recent report, Goldman Sachs has upgraded MEMC Electronic Materials (NYSE: WFR) from Sell to Neutral as Goldman Sachs sees a more balanced risk/reward on the company. Goldman Sachs has also lowered the 6 month price target on WFR from $11.00 to $10.00. In the report, Goldman Sachs...
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Benzinga's Top Pre-Market NASDAQ Gainers
Tuesday, June 14, 2011 - 8:10am | 120GT Solar International Inc (NASDAQ: SOLR) shares advanced 8.20% to $13.19 in the pre-market session. SOLR today celebrated the grand opening of its new state-of-the-art sapphire production facility located in Salem, Massachusetts. DryShips Inc (NASDAQ: DRYS) shares advanced 3.46% to $3.89 in the...
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Benzinga's Top Upgrades
Tuesday, June 14, 2011 - 8:09am | 137FBR Capital upgraded FirstEnergy Corporation (NYSE: FE) from “market perform” to “outperform.” FirstEnergy's shares closed at $42.95 yesterday. FirstEnergy's trailing-twelve-month revenue is $13.18 billion. Analysts at Robert W. Baird upgraded Accretive Health Inc (NYSE: AH) from “neutral” to “...
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Goldman Sachs Upgrades MEMC Electronic Materials To Neutral, Raises PT To $11
Tuesday, June 14, 2011 - 6:14am | 29Goldman Sachs has upgraded MEMC Electronic Materials (NYSE: WFR) from Sell to Neutral and has raised the price target from $10 to $11.
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Stocks to Watch for 6/14/11: Fresh 52-Week Highs and Lows
Tuesday, June 14, 2011 - 4:15am | 2234The following stocks hit new 52-week highs in Monday's trading session: 1) Greif (NYSE: GEF): Shares of Greif hit a 52-week high of $67.36 in Monday's trading session. The stock closed at $67.04. The year-to-date performance of Greif has been a gain of 9%. 2) Raptor Pharmaceutical (NASDAQ: RPTP...
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Options Brief: Novellus Systems, Inc.
Monday, June 13, 2011 - 11:45am | 77Shares of Novellus Systems, Inc. (NASDAQ: NVLS) are lower on the session by 1.21%, trading at $33.44. Overall call volume is now running at 2.23x the daily average, with 41% of all calls traded being purchases on the offer. 4,081 contracts have traded on the session so far. Novellus Systems, Inc...
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Stifel Nicolaus Maintains Buy on Cymer
Monday, June 13, 2011 - 9:48am | 82Stifel Nicolaus is out with its report today on Cymer (NASDAQ: CYMI), maintaining Buy. In a note to clients, Stifel Nicolaus writes, "We maintain our Buy rating and our $57 target price, based on 2.5x book value. With the recent pullback of the group, we believe long term investors could find an...
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Bank of America Merrill Lynch Reports on Veeco Instruments
Friday, June 10, 2011 - 8:56am | 122Bank of America Merrill Lynch commented on Veeco Instruments (NASDAQ: VECO) in a report released today. In the report, Bank of America Merrill Lynch was mixed in its assessment of the company. Bank of America Merrill Lynch writes, "We believe the subsidy driven demand from China for MOCVD tools...
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Benzinga's Top Downgrades
Friday, June 10, 2011 - 8:24am | 144Analysts at HSBC Securities downgraded Rockwell Automation Inc (NYSE: ROK) from “overweight” to “neutral.” ROK's shares closed at $79.66 yesterday. Rockwell Automation's trailing-twelve-month ROA is 9.82%. Analysts at Bank of America downgraded Zale Corporation (NYSE: ZLC) from “buy” to “neutral...