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Microsoft Takes Aim at Google with New Cloud-based Office Suite
Tuesday, June 28, 2011 - 6:26am | 255Microsoft (NASDAQ: MSFT) is taking square aim at Google (NASDAQ: GOOG) Apps with the roll-out of a new cloud-based service that features its popular Office software suite. The company is expected to include programs like Outlook e-mail and Excel spreadsheets in an online offering that users could...
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US Stock Futures Slightly Down; All Eyes On Greece
Tuesday, June 28, 2011 - 6:15am | 363US stock futures are slightly lower this morning. Greek Parliament is scheduled to vote Wednesday on the EUR28.4 billion, five-year austerity package. Futures on the Dow Jones Industrial Average dropped 13 points to 11,977.00 and futures on the S&P 500 stock index fell 1.80 points to 1,274.50....
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Earnings Scheduled For June 28
Tuesday, June 28, 2011 - 1:08am | 147Shaw Group Inc (NYSE: SHAW) is projected to post its FQ3 EPS at $0.68 on revenue of $1.69 billion. Progress Software Corporation (NASDAQ: PRGS) is estimated to report its FQ2 EPS at $0.38 on revenue of $134.08 million. Sealy Corporation (NYSE: ZZ) is projected to report its Q2 EPS at $0.00 on...
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Mad Money Lightning Round: Cramer Likes Schlumberger, Oracle
Tuesday, June 28, 2011 - 1:02am | 242On CNBC's Mad Money, Jim Cramer said during the Lightning Round that he “wants to own Schlumberger (NYSE: SLB) right here.” He added, “I never get this stock at a discount." Cramer said that he has been “negative on Geron (NASDAQ: GERN) for awhile. It's not worth selling down here but it's not...
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Stocks To Watch For June 28
Tuesday, June 28, 2011 - 12:58am | 233Some of the stocks that may grab investor focus today are: Nike Inc (NYSE: NKE) reported a 14% rise in its fourth-quarter profit. Nike reported its quarterly earnings at $594 million, or $1.24 per share, up from $522 million, or $1.06 per share, in the year-ago quarter. Its revenue surged 14% to $...
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Sectors to Watch 06-27-2011
Monday, June 27, 2011 - 8:13pm | 907Cusick's Corner While the market held onto the midday gains, the volume was light and the Greek austerity vote is still a headline risk in the market during this pre-vacation week. So while we watch the potential headlines overseas, do not lose sight of other barometers, .i.e. the offensive...
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Quiet Advance Favors Techs
Monday, June 27, 2011 - 6:56pm | 491. Stocks pared Greek-fueled gains as volume drained in late trade, leaving indexes high and dry. The Nasdaq wafted 1.3% higher, although Microsoft (MSFT) surged 4% in strong action. The S&P 500 rose 0.9% and the NYSE 0.7%. Commodities drifted generally lower. Bonds slid following the first...
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Microsoft
Monday, June 27, 2011 - 6:50pm | 48Microsoft (MSFT) jumped 3.7% to 25.20 on reports that it will roll out its next upgrade of Windows, Windows 8, earlier than scheduled. A report by ZDNet, citing unnamed sources, said that rather than a staggered release over the first 3 quarters of 2012, Microsoft may release its newest operating...
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Window Dressing 06-27-2011
Monday, June 27, 2011 - 3:25pm | 1003Cusick's Corner Window dressing -- the grind to the upside could be a combination of some end of the quarter window dressing with a twist of shorts being squeezed. The market has again held critical support, 1256 on the S&Ps, and found legs to bounce, plus Tech is leading again. Now I take...
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Techs Kick Higher; Accretive Health Surges 8%
Monday, June 27, 2011 - 2:58pm | 71Stocks punched higher in afternoon action, led by Internet retailers and other tech plays. The Nasdaq jumped 1.6%, with Amazon.com (AMZN)and Microsoft (MSFT) both jumping more than 4%. The S&P 500 climbed 1.3% and the NYSE added 1%. Trade remained weak vs. Friday's heavy action. More than four...
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Microsoft Soaring Today
Monday, June 27, 2011 - 2:18pm | 111When was the last time Microsoft Corporation (NASDAQ: MSFT) moved 4% in a day? It does seem like forever, but today we're seeing Mr. Softy move more than 4% on heavy volume, more than 52 million shares. As such, the Dow, NASDAQ, and S&P 500 are near session highs. Microsoft is a component...
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Stocks Shrug Off Greece, Deficit Uncertainty
Monday, June 27, 2011 - 1:35pm | 149(TheStreet) -- Technology, financials and conglomerates were leading stocks higher as austerity plan negotiations in Greece and deficit reduction talks in Washington heat up. The Dow Jones Industrial Average was up by 105 points, or 0.9%, at 12,040. The S&P 500 was higher by 10 points, or 0.8...
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Mondays Mid-Day Options Volume Leaders
Monday, June 27, 2011 - 12:11pm | 85Here are today's mid-day options volume leaders… 1. Bank of America (NYSE: BAC) 97,850 contracts, 60.7% calls, 39.3% puts 2. Apple Inc. (NASDAQ: AAPL) 96,719 contracts, 55.5% calls, 44.5% puts 3. Microsoft Corp. (NASDAQ: MSFT) 55,021 contracts, 78.1% calls, 21.9% puts 4. General Electric Co. (NYSE...
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Supreme Court Strikes Down Law Banning Sales Of Violent Video Games In California
Monday, June 27, 2011 - 11:33am | 182The U.S. Supreme Court struck down a California law which prohibits the sale of violent video games to minors, on the grounds that the ban is an unconstitutional infringement on the right to free speech. The vote was 7-2 in overruling the law. Justice Antonin Scalia wrote for the court, “Even where...
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New Xbox To Be Revealed Next Summer
Monday, June 27, 2011 - 9:29am | 89According to an article from Boy Genius Report, Microsoft (NASDAQ: MSFT) is going to release its newest version of the popular gaming console, the Xbox next summer. The console will be released at the E3 next summer. Since the Xbox 360 was introduced in November 2005, it's sold nearly 55 million...