-
Stifel Nicolaus Downgrades MEMC Electronic Materials, Removes PT
Friday, June 10, 2011 - 8:16am | 27Stifel Nicolaus has downgraded MEMC Electronic Materials (NYSE: WFR) from Buy to Hold and has removed its $16 price target.
-
Benzinga's Top Pre-Market NASDAQ Gainers
Friday, June 10, 2011 - 8:13am | 119Verigy Ltd (NASDAQ: VRGY) shares advanced 10.60% to $14.92 in the pre-market session. VRGY.'s trailing-twelve-month revenue is $553.00 million. Lululemon Athletica Inc (NASDAQ: LULU) shares advanced 5.87% to $91.20 in the pre-market session. LULU reported better-than-expected Q1 results and issued...
-
Bank of America Raises PO On Veeco Instruments To $62
Friday, June 10, 2011 - 6:26am | 28Bank of America has raised the price objective on Veeco Instruments (NASDAQ: VECO) from $55 to $62 and maintains its Buy rating.
-
Mad Money Lightning Round: Cramer Dislikes Tata Motors, Applied Materials
Friday, June 10, 2011 - 12:50am | 216On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Whole Foods (NASDAQ: WFM) has “pulled back enough. Some companies can transcend the charts." Cramer said that he is “not a fan of Wells Fargo (NYSE: WFC).” He added, “If you want to own a bank, I'd go with PNC Financial Services...
-
New NanoCD Suite Improves OCD Process Control
Thursday, June 9, 2011 - 4:02pm | 92Nanometrics Incorporated (Nasdaq: NANO) today announced a new release of NanoCDTM Suite, a turnkey optical critical dimension analysis solution with advanced modeling and recipe building capabilities. The suite, which is composed of high-performance software and hardware components, addresses...
-
S&P 500's Technology Sector Update 6/9/2011
Thursday, June 9, 2011 - 12:41pm | 253The Technology Sector is the one of the weakest areas of the S&P 500 in today's trading action, putting in a modest gain of 0.2%. The weakest names currently trading in that sector are: 1) Motorola Mobility Holdings (NYSE: MMI): Shares of Motorola Mobility are currently trading down 2.6% from...
-
Benzinga's Top Pre-Market NASDAQ Losers
Thursday, June 9, 2011 - 8:23am | 140Vertex Pharmaceuticals Incorporated (NASDAQ: VRTX) dipped 5.91% to $50 in the pre-market session. VRTX reported interim results from the first part of a Phase 2 study designed to evaluate multiple combination regimens of VX-770 and VX-809, Vertex's lead medicines in development that aim to treat...
-
Citigroup Admits that Customers' Data was Hacked
Thursday, June 9, 2011 - 6:05am | 195Citigroup (NYSE: C) is acknowledging that its customers were subject to a security breach that may have compromised their accounts, an unwelcome blow to the recovering bank. “During routine monitoring, we recently discovered unauthorized access to Citi's Account Online,” the bank said in an e-...
-
Stocks to Watch: Fresh 52-Week Highs and Lows
Thursday, June 9, 2011 - 4:33am | 823The following stocks hit new 52-week highs in Wednesday's trading session: 1) 8x8 (NASDAQ: EGHT): Shares of 8x8 hit a 52-week high of $3.97 in Wednesday's session. The stock was heavily sold into, however, finishing 7.7% lower on the day at $3.48. The year-to-date performance of 8x8 is a gain of...
-
Wednesday, June 8, 2011
Wednesday, June 8, 2011 - 7:03pm | 69Our long term rating on Mercadilibre, Inc. (symbol: MELI) changed from 'bullish' to 'bearish'. 1 out of the 10 stocks on our focus list is rated bullish (VECO) in the short term. 2 out of the 10 stocks on our stock focus list are rated bullish (LULU, VECO) in the long term. The stock market...
-
Benzinga's Top ETF Decliners, June 8th (SOXL, URA, NUGT, TAN)
Wednesday, June 8, 2011 - 6:41pm | 231Direxion Daily Semiconductor Bull 3X Shares (NYSE: SOXL) traded lower on Wednesday, along with the semiconductor stocks. SOXL fell 6.00%, while Applied Materials, Inc. (NASDAQ: AMAT) dropped 2.30%, and Texas Instruments Incorporated (NYSE: TXN) lost 1.80%. Global X Uranium ETF (NYSE: URA) fell 4....
-
Benzinga's Top ETF Gainers, June 8th (SOXS, CZI, UCO, TVIX)
Wednesday, June 8, 2011 - 6:25pm | 204Direxion Daily Semiconductor Bear 3X Shares (NYSE: SOXS) led the gainers among the ETFs on Wednesday, with an increase in price of 6.05%. In the semiconductor space, Texas Instruments Incorporated (NYSE: TXN) lost 1.80%, and Applied Materials, Inc. (NASDAQ: AMAT) fell 2.30%. Direxion Daily China...
-
Options Brief: Ultratech, Inc.
Wednesday, June 8, 2011 - 1:52pm | 93Shares of Ultratech, Inc. (NASDAQ: UTEK) are higher on the session by 1.70%, trading at $31.71. Overall call volume is now running at 2.48x the daily average, with 74% of all calls traded being purchases on the offer. 1,267 contracts have traded on the session so far. Ultratech, Inc. develops,...
-
Weakest Technology Stocks Right Now
Wednesday, June 8, 2011 - 1:08pm | 1531) Motorola Mobility Holdings (NYSE: MMI): Currently trading down 4.1% from yesterday's close to $23.59. Shares have broken below their 50-day simple moving average (one year daily chart) in today's session. 2) Micron Technology (NASDAQ: MU): Currently trading down 4.1% from yesterday's close to...
-
Puts Purchased on ReneSola Ltd.
Wednesday, June 8, 2011 - 10:58am | 133Shares of ReneSola Ltd. (NYSE: SOL) are lower on the session by 6.18%, currently trading at $5.92. The stock has been moving largely lower over the past six months and is currently trading below the 50-day and 200-day moving averages. Options traders are buying puts on the name today. A short...