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Cascade Microtech Appoints John (J.D.) Delafield to Board of Directors
Thursday, May 19, 2011 - 3:28pm | 85Cascade Microtech, Inc. (NASDAQ: CSCD) today announced it has elected John (J.D.) Delafield, Jr. to its Board of Directors effective May 13, 2011. "Mr. Delafield brings a significant knowledge of capital markets to our Board of Directors. J.D.'s addition will provide a perspective into technology...
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Few Technology Stocks Moves ON 5/19/11- AOS, ABB, ATVI, AYI, ADTN, ASX, ATE, AIXG…
Thursday, May 19, 2011 - 9:22am | 1583AO Smith Corporation (AOS) has a Market capitalization (total value of a company in the stock market) of approximately 1.88B and P/E ratio of 31.57, the Div & Yield is 1.38 and 52-week range of the stock is 21.21. ABB Ltd (ABB) has a Market capitalization (total value of a company in the...
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Chinese Solar Stocks Make Chop Suey Out of Investors Again
Thursday, May 19, 2011 - 9:02am | 370Investors in Chinese solar companies got chopped up and thrown into the frying pan on Tuesday. And not for the first time or the last time. Seasoned speculators who jumped in after many investors had run for their lives were beaming by Wednesday. One analyst says investors who have been in the...
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Citi Assumes Coverage of AMKR
Thursday, May 19, 2011 - 8:49am | 120Citi has assumed coverage of Amkor Technology (NASDAQ: AMKR), leaving the Buy rating and $10 price target unchanged. In the report, Citi writes, “We assume coverage of AMKR from Tim Arcuri with a Buy (1S) rating, consistent with the prior rating. Integrated circuit (IC) unit growth and continual...
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Citi Assumes Coverage of TER
Thursday, May 19, 2011 - 8:47am | 103Citi has assumed coverage of Teradyne Inc. (NYSE: TER), keeping a Buy rating and $24 price target in place on the stock. According to Citi, “We assume coverage of TER from Timothy Arcuri with a Buy (1H) rating, consistent with CIRA's prior rating. We base our Buy thesis on: 1) solid semi test...
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Benzinga's Top Pre-Market NASDAQ Losers
Thursday, May 19, 2011 - 8:36am | 125SMART Technologies Inc (NASDAQ: SMT) dipped 17.18% to $8.05 in the pre-market session. SMT reported downbeat Q4 profit. Melco Crown Entertainment Limited (NASDAQ: MPEL) fell 7.33% to $9.36 in the pre-market session. MPEL reported its Q1 EPS of $0.02, versus the estimates of $0.06. KLA-Tencor...
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UPDATE: Bank of America Merrill Lynch Lowers PO on Applied Materials to $17
Thursday, May 19, 2011 - 8:32am | 118Bank of America Merrill Lynch is out with its report today on Applied Materials (NASDAQ: AMAT), lowering its PO from $18 to $17. In a note to clients, Bank of America Merrill Lynch writes, "Our new FY11 estimates are $11B/$1.50 compared to prior estimate of $11.3B/$1.55. This moves our CY11E rev/...
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Upgrades Downgrades, Stocks to Watch May 19
Thursday, May 19, 2011 - 8:21am | 287iShares Silver Trust ETF (SLV) http://www.zerohedge.com/article/japanese-economy-collapses-q1-gdp-drops-double-consensus-rate-epic-nominal-plunge-52 This seemed to create the move at 4AM overnight in Silver Intel Corporation (INTC) Downgraded to Sell from Neutral but price target is only lowered to...
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Bank of America Lowers PO On Applied Material To $17
Thursday, May 19, 2011 - 7:16am | 28Bank of America has lowered the price objective on Applied Material (NASDAQ: AMAT) from $18 to $17 and maintains its Neutral rating.
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4 Trade Setups To Watch
Wednesday, May 18, 2011 - 5:21pm | 1980( click to enlarge ) Dell Inc. (NASDAQ:DELL) - Much hated stock getting some love. Breaking out on strong volume with all main moving averages below acting as support. Presumption is that the breakout will continue. Fresh buying may be considered on a close above $16.96. ( click to enlarge...
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Aixtron Rallying On Strong Volume (AIXG)
Wednesday, May 18, 2011 - 2:21pm | 47Aixtron AG (NASDAQ: AIXG) shares are rallying 3% today, gaining $1.16 to $39.86 on almost 200,000 shares, which is strong for this name. Aixtron SE, together with its subsidiaries, engages in developing, producing, and installing deposition equipment for the semiconductor and compound-...
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Veeco Instruments Up Strong, Gaining 6%
Wednesday, May 18, 2011 - 11:39am | 72Veeco Instruments Inc. (NASDAQ: VECO) shares are up strongly today, gaining 6% on heavy volume. Shares touched a new 52 week high today, hitting $55.78, before falling off that level. At last check, shares were up $3.10 to $54.74, a gain of 6% on 1 million shares. Veeco Instruments Inc. designs...
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Top Performing Industries For May 18 (SKY, PLAB, GPL, JAG)
Wednesday, May 18, 2011 - 10:02am | 182At 10:00 am, the Dow fell 0.09% to 12,468.07, the broader Standard & Poor's 500 index moved up 0.02% to 1,329.27 and the NASDAQ composite index gained 0.13% to 2,786.82. The industries that are supporting the market today are: Manufactured Housing: This industry jumped 2.81% by 10:00 am. The...
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Applied Materials Sees Over 5 Yrs More Industry Acquisitions And No Supply Shortages From Japan Crisis
Wednesday, May 18, 2011 - 9:20am | 32Applied Materials (NASDAQ: AMAT) speaking at JPMorgan (NYSE; JPM) conference. Applied Materials sees, "over 5 yrs more industry acquisitions... no supply shortages from Japan crisis."
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Stock Picks for Wednesday May 18, 2011
Tuesday, May 17, 2011 - 5:03pm | 1871( click to enlarge ) Akorn, Inc. (NASDAQ:AKRX) - As long as the stock holds above the $6.50 support level the intermediate-term picture should remain positive. Fresh exposures may be considered on a move past $6.94, with a stop-loss at $6.50. ( click to enlarge ) Radio One, Inc. (NASDAQ:...