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Options Brief: KLA-Tencor Corporation (KLAC)
Thursday, May 5, 2011 - 3:28pm | 70Shares of KLA-Tencor Corporation (NASDAQ: KLAC) are higher on the session by 1.41%, trading at $44.45. Overall call volume is now running at 3.26x the daily average, with 74% of all calls traded being purchases on the offer. 6,254 contracts have traded on the session so far. KLA-Tencor...
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When One Commodity Goes, the Rest Follow 05-05-2011
Thursday, May 5, 2011 - 2:59pm | 1045Cusick's Corner When one commodity goes, the rest will follow. That is a 10,000 foot perspective, but when you saw Silver, SLV, tip and the margin requirements adjust up, so far twice, levered players are going to have to make some shifts. We also have a Dollar, UUP, firming today and the Base...
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Calls Purchased on Novellus Systems, Inc. (NVLS)
Thursday, May 5, 2011 - 10:30am | 119Shares of Novellus Systems, Inc. (NASDAQ: NVLS) are higher on the session by 6.53%, currently trading at $35.07. The stock has been moving largely lower over the past three months, though it is currently trading above the 200-day moving average. Options traders are buying calls on the name today...
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Benzinga's Volume Movers (KNDL, NVLS, QNST, TRMB)
Thursday, May 5, 2011 - 10:24am | 163Kendle International Inc (NASDAQ: KNDL) shares moved up 57.84% to $14.99 at 10:20 am. The volume of KNDL shares traded was 7180% higher than normal. INC Research LLC announced its plans to acquire Kendle for around $232 million in cash. Novellus Systems Inc (NASDAQ: NVLS) shares rose 7.65% to $35....
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J.P. Morgan Comments On MEMC Earnings
Thursday, May 5, 2011 - 9:25am | 144According to J.P. Morgan, MEMC Electronic Materials (NYSE: WFR) reported C1Q11 GAAP rev/EPS of $736mn/($0.02) vs. our ests. of $604mn/$0.08. J.P. Morgan said that excluding the impact of one-time legal and Japanese earthquake related charges, EPS would have been $0.05. “Better overall revenue, in...
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Jefferies Comments On MEMC Electric Materials Q1 Results (WFR)
Thursday, May 5, 2011 - 9:05am | 104Jefferies provided color on MEMC Electronic Materials (NYSE: WFR) in a research report published today, after MEMC announced its Q1 results. In the report, Jefferies states, "WFR's 1Q11 EPS missed Street estimates but was in-line with our below consensus estimate. We remain cautious on 1) project...
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Goldman Sachs Raises WFR Target From $10.50 To $11
Thursday, May 5, 2011 - 8:58am | 31Goldman Sachs is raising its PT on shares of MEMC Electronic Materials Inc. (NYSE: WFR) from $10.50 to $11.00. MEMC Electronic Materials closed Wednesday at $11.36.
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J.P. Morgan Neutral On Varian Medical Following Analyst Day (VSEA)
Thursday, May 5, 2011 - 8:57am | 131J.P. Morgan Chase & Co. has a Neutral rating and a $68.00 price target on shares of Varian Medical (NASDAQ: VSEA) following the company's analyst day. In a note to investors, J.P. Morgan writes, "Varian Medical hosted its mid-year analyst day yesterday in New York, with management using the...
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Benzinga's Top Pre-Market NASDAQ Losers (SMSI, SWIR, ATML, AIXG)
Thursday, May 5, 2011 - 8:28am | 122Smith Micro Software Inc (NASDAQ: SMSI) dipped 17.49% to $5.99 in the pre-market session. SMSI reported higher-than-expected Q1 loss. Sierra Wireless Inc (NASDAQ: SWIR) fell 5.84% to $10.31 in the pre-market session. SWIR posted a Q1 net loss at $7.8 million, versus a net loss of $7.5 million, in...
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Citi Maintains Buy Rating, $18 PT On WFR
Thursday, May 5, 2011 - 8:03am | 102Citi is maintaining its Buy rating and $18 PT on shares of MEMC Electronic Materials Inc. (NYSE: WFR). “With EPS a little better than Street (adjusted for 1x issues), CQ2 EPS guide about in-line w/Street, and C2011 guidance unchanged despite a myriad of investor concerns (Japan, Italian solar...
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Top Computer Hardware Stock Picks on 5/5/11- DGII, EFII, AAPL, DELL, MXWL, SEAC, IM, BRKS, AGYS, TECD, MIPS
Thursday, May 5, 2011 - 7:45am | 1465Most Actives: Apple Inc. (AAPL) designs, manufactures and markets a range of personal computers, mobile communication and media devices, and portable digital music players, and sells a range of related software is trading at a price of $349.57, a dramatic change of +1.37 (0.39%) from its previous...
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Lam Research Corporation Announces Intention to Offer $700 Million of Convertible Notes (LRCX)
Thursday, May 5, 2011 - 7:24am | 148Lam Research Corporation (NASDAQ: LRCX) today announced that it proposes to offer $700 million of convertible senior notes, subject to market conditions and other factors. The notes would be issued in two tranches of $350 million each due in May 2016 and May 2018, respectively, and are to be...
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Top 5 Most Gainers and Losers Stock Picks on 5/5/11- VSEA, GMCR, TMH, MGM, VCLK, CENX, OPEN, NXTM, CTCM
Thursday, May 5, 2011 - 6:11am | 1307Gainers: Varian Semiconductor (NASDAQ:VSEA) a supplier of ion implantation systems is trading at a price of $61.36, a dramatic change of 51.32% from its previous day's close. Currently, the company has a Market capitalization (total value of a company in the stock market) of approximately 4.63B...
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Top 10 Most Popular Stock Picks on 5/5/11- ERTS, NWSA, WFMI, BMC, FRE, GRMN, FNMA, D,VSEA, AGN
Thursday, May 5, 2011 - 5:52am | 1434Electronic Arts Inc. (NASDAQ:ERTS) develops, markets, publishes and distributes video game software and content is trading at a price of $19.92, a dramatic change of -1.19% from its previous day's close. Currently, the company has a Market capitalization (total value of a company in the stock...
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inTEST Files $30M Mixed Shelf Offering (INTT)
Wednesday, May 4, 2011 - 4:34pm | 17inTEST (NASDAQ: INTT) Files a $30M Mixed Shelf Offering.