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Tuesday, June 7, 2011
Wednesday, June 8, 2011 - 1:05am | 68There are no 'Stock Focus List' rating changes today. 1 out of the 10 stocks on our focus list is rated bullish (VECO) in the short term. 3 out of the 10 stocks on our stock focus list are rated bullish (LULU, MELI, VECO) in the long term. Our stock market direction long term outlook changed to '...
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Benzinga's Top Pre-Market NASDAQ Gainers
Tuesday, June 7, 2011 - 8:15am | 139ASML Holding NV (NASDAQ: ASML) shares advanced 2.61% to $38.91 in the pre-market session. ASML's trailing-twelve-month ROE is 53.86%. ARM Holdings plc (NASDAQ: ARMH) shares advanced 2.13% to $28.81 in the pre-market session. ARMH had $458.53 million in total cash and no debt for the latest quarter...
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Auriga's Discontinued Coverage 6/7
Tuesday, June 7, 2011 - 7:32am | 163Auriga has discontinued coverage on the following companies due to the analyst's departure: JinkoSolar (NYSE: JKS) Power-One (NASDAQ: PWER) Daqo New Energy (NYSE: DQ) Hanwha SolarOne (NASDAQ: HSOL) First Solar (NASDAQ: FSLR) Canadian Solar (NASDAQ: CSIQ) Advanced Energy Industries (NASDAQ...
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Piper Jaffray Reiterates Rating, PT On NANO
Tuesday, June 7, 2011 - 7:22am | 183Piper Jaffray is reiterating its Overweight rating and its $21 price target on Nanometrics Inc. (NASDAQ: NANO) as the company moves forward with a positive outlook and a strong portfolio. According to Piper Jaffray, “We believe that NANO is well positioned at leading customers with a strong...
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Monday, June 6, 2011
Monday, June 6, 2011 - 5:50pm | 63Our short 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. 3 out of the 10 stocks on our stock focus list are rated bullish (LULU, MELI, VECO) in the long term. Our stock market...
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Aehr Test Systems Sells Its Ownership in Singapore's ESA Electronics
Monday, June 6, 2011 - 4:02pm | 195Aehr Test Systems (Nasdaq: AEHR), a worldwide provider of semiconductor test and burn-in equipment, today announced that it has divested its shareholdings in ESA Electronics Pte Ltd, a Singapore private limited company, to IPCO International Limited, a Singapore company, representing 12.5% of the...
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Earnings Highlights for the Week of June 6
Sunday, June 5, 2011 - 1:02pm | 1032S&P 500 components scheduled to report quarterly results this week include J.M. Smucker (NYSE: SJM), National Semiconductor (NYSE: NSM) and Pall Corp. (NYSE: PLL). While analysts on average are expecting strong earnings growth from Pall, the consensus forecast for Smucker is earnings about the...
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UPDATE: Lazard Capital Raises PT on Veeco Instruments to $64
Friday, June 3, 2011 - 9:42am | 119Lazard Capital is out with its report today on Veeco Instruments (NASDAQ: VECO), raising its PT from $58 to $64. In a note to clients, Lazard Capital writes, "Based on our new estimates we believe a higher price target is justified using the higher end of the historical multiple range for the...
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Benzinga's Top Upgrades
Thursday, June 2, 2011 - 8:09am | 135Robert W. Baird upgraded Affymetrix Inc (NASDAQ: AFFX) from “neutral” to “outperform.” AFFX's shares closed at $6.28 yesterday. Affymetrix's trailing-twelve-month revenue is $304.28 million. Analysts at Needham upgraded FSI International Inc (NASDAQ: FSII) from “hold” to “buy.” FSII's shares...
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Thursday's Stocks to Watch, Jun 02
Wednesday, June 1, 2011 - 6:42pm | 1932( click to enlarge ) Today Netflix, Inc. (NASDAQ:NFLX) shares made a new all time high of 273.64, but closed down $3.54 at 267.26. Currently on the daily chart the RSI and Full Stochastics are showing overbought. We are now due for a pullback. Support lies at 264.40 yesterday's low then 254....
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Calls Purchased on Photronics, Inc.
Wednesday, June 1, 2011 - 1:06pm | 111Shares of Photronics, Inc. (NASDAQ: PLAB) are lower on the session by 1.10%, currently trading at $9.93. The stock has been moving largely higher over the past four months and is currently trading above the 200-day moving average. Options traders are buying calls on the name today. A short while...
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Benzinga's Volume Movers
Wednesday, June 1, 2011 - 10:26am | 145Telvent GIT SA (NASDAQ: TLVT) shares surged 15.27% to $39.71 at 10:25 am. The volume of TLVT shares traded was 8458% higher than normal. TLVT agreed to be bought for $2 billion by Schneider Electric SA (OTC: SBGSY). Daktronics Inc (NASDAQ: DAKT) shares moved up 5.95% to $11.39. The volume of DAKT...
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FSI International Receives Multiple ORION System Orders
Wednesday, June 1, 2011 - 8:17am | 114FSI International, Inc. (Nasdaq: FSII), a leading manufacturer of surface conditioning equipment for icroelectronics manufacturing, announced today that it received multiple ORION^® single wafer cleaning system orders. The orders were received during the third quarter of fiscal 2011 and are...
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Citi Maintains Hold on Novellus Systems
Wednesday, June 1, 2011 - 8:17am | 144Citi is out with its report today on Novellus Systems (NASDAQ: NVLS), maintaining Hold. In a note to clients, Citi writes, "Owing to its election to buy back more stock with the proceeds from the recent offering, we are adjusting estimates just slightly higher (2011/2012 EPS estimates from $3.14/$...
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Citi Maintains Buy on MEMC Electronic Materials
Wednesday, June 1, 2011 - 7:49am | 82Citi is out with its report today on MEMC Electronic Materials (NYSE: WFR), maintaining Buy. In a note to clients, Citi writes, "We rate WFR Buy, Speculative (1S) with a target of $18. In valuing WFR, we look at a forward earnings-based approach given our view that WFR will begin to start...