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Benzinga's Top Pre-Market NASDAQ Losers
Tuesday, July 5, 2011 - 7:17am | 95Allot Communications Ltd (NASDAQ: ALLT) dipped 5.95% to $16.90 in the pre-market session. ALLT's trailing-twelve-month ROE is -5.72%. Huntington Bancshares Incorporated (NASDAQ: HBAN) dropped 0.60% to $6.59 in the pre-market trading. HBAN's PEG ratio is 1.85. Teva Pharmaceutical Industries...
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Apple "Back to School" Sale Beating Microsoft Eight to Two
Tuesday, July 5, 2011 - 6:47am | 197Despite the fact that Microsoft (NASDAQ: MSFT) is offering an entire Xbox 360 with the purchase of a $700 Windows PC, Apple (NASDAQ: AAPL) is beating the company eight to two in the area of back to school sales. That's according to Global Equities Research, which released a report on the matter...
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Top Ten Highest-Paid CEOs
Friday, July 1, 2011 - 3:28pm | 427Life is good at the top, isn't it? In a time when millions of Americans are unemployed and millions more are vastly underemployed, the very top of the food chain — corporate CEOs — raked in some pretty ridiculous cash. How ridiculous? You could take the top 299 CEOs most recent compensation and,...
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Zings Of The Day July 1, 2011
Friday, July 1, 2011 - 2:28pm | 215The U.S. International Trade Commission essentially shot down a case by Eastman Kodak Co. (NYSE: EK), saying Apple (NASDAQ: AAPL) and Research in Motion (NASDAQ: RIMM) did not infringe on patents from Eastman Kodak. Maybe they should have called Bill Cosby. He would've known what to do. Apple...
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Facebook Will Launch In-Browser Video Chat Next Week In Partnership With Skype
Friday, July 1, 2011 - 1:59pm | 29This comes according to an article by TechCrunch. Note: Microsoft (NASDAQ: MSFT) owns Skype.
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Hulu In Play - Google, Microsoft, Yahoo Potential Suitors
Friday, July 1, 2011 - 12:01pm | 70The Los Angeles Times is reporting that Hulu is in play. The paper originally reported that the company was in talks with Google (NASDAQ: GOOG), but now reports indicate that Hulu is also talking to Microsoft (NASDAQ: MSFT) and Yahoo (NASDAQ: YHOO) about a possible acquisition.
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Will Wall Street Ever Be the Same?
Friday, July 1, 2011 - 9:27am | 753By Todd Harrison The leaders coming out won't be the same as the leaders we're used to. The Wall Street Journal had an interesting article yesterday entitled Wall Street Turns the Gun on Itself, and I would like to add some observations from my perch. We've seen a seismic shift in the DNA of...
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Morgan Stanley Reports Tough Quarter For DemandTec
Friday, July 1, 2011 - 7:55am | 90According to Morgan Stanley, DemandTec (NASDAQ: DMAN) saw another tough quarter. Morgan Stanley said that rev. and EPS met expectations while billings beat on the back of the TGT billing, but renewal rates were in the 70's for the second quarter in a row as integrating two acquisitions pulled...
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UPDATE: Raymond James Lowering Price Target On DemandTec
Friday, July 1, 2011 - 7:30am | 106Raymond James is lowering its price target on shares of DemandTec, Inc. (NASDAQ: DMAN) to $11 from $14.50. In the note to clients, Raymond James writes, "It was the worst conference call that I have ever listened to as a publishing analyst".... ouch... Terry is asking investors to stick it out...
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Deutsche Bank Maintains Buy Rating On DemandTec
Friday, July 1, 2011 - 6:50am | 62According to Deutsche Bank, DemandTec (NASDAQ: DMAN) Buy rating is maintained. Deutsche Bank said that DemandTec reported revenues and adjusted non-GAAP EPS of $22.5m/($0.04) slightly better than DB/street estimates of $22.5m/($0.06). “We do not see near-term catalysts, but recommend buying on...
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Deutsche Bank Updates 7/1
Friday, July 1, 2011 - 6:30am | 312Deutsche Bank made a number of updates in a research report published today. KB Home (NYSE: KBH) had its rating maintained at Hold. At the same time, its price target was lowered from $18 to $12. On Thursday, KBH lost 2.98% of its value to end the day at $9.78. Its shares regained most of...
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Deutsche Bank Lowers PT On DemandTec To $12
Friday, July 1, 2011 - 5:27am | 26Deutsche Bank has lowered the price target on DemandTec (NASDAQ: DMAN) from $15 to $12 and maintains its Buy rating.
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Apple and RIM Prevail Over Rivals in Nortel Patent Auction
Friday, July 1, 2011 - 5:09am | 255Apple (NASDAQ: AAPL) and Research in Motion (NASDAQ: RIMM) are part of a winning consortium of technology companies that successfully bid on the mobile patent portfolio of bankrupt telecommunications company Nortel Networks. Nortel, which went bankrupt in 2009, has an expansive list of tech...
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Stocks to Watch for 07/1/11: Fresh 52 Week Highs and Lows
Friday, July 1, 2011 - 3:16am | 2869Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels. The following stocks hit new 52-week highs in Thursday's trading session: 1) Walter Investment Company (NYSE: WAC): Shares of Walter Investment hit a 52-week...
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Soft Patch Creating Hard-Landing Nightmares
Friday, July 1, 2011 - 1:05am | 1423Boo! Was that a ghost, or was that just some soft patch talk scaring you during a nightmare? The economic data hasn't been exactly rosy over the last month, and as a result, investors have gotten spooked and have chosen to chainsaw their equity positions. Since late April, nervous investors had...