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Microsft and General Dynamics Itronix Enter Into Patent Agreement
Monday, June 27, 2011 - 9:05am | 72Microsoft (NASDAQ: MSFT) and General Dynamics (NYSE: GD) Itronix have signed a patent agreement that provides broad coverage under Microsoft's patent portfolio for General Dynamics Itronix devices running the Android platform. Although the contents of the agreement have not been disclosed, the...
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Blueblood buys: 3 free cash flow kings
Sunday, June 26, 2011 - 8:00pm | 177by Richard Band, editor Profitable Investing To put the odds on your side, I recommend channeling your new money into the elite family of stocks I call “the kings" of cash flow. Research shows that high-cash-flow stocks have consistently outperformed the market by a wide margin for many decades....
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Take the Market's Pulse Using the 200-Day
Friday, June 24, 2011 - 7:09pm | 903Cusick's Corner Over the weekend take a look at the benchmarks and your individual holdings to establish a sense of support. For example, consider looking at the S&P 500 September Future to help understand the general pulse. The S&P is 5 points before getting to the 200-Day Moving Average...
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Gold Bugs Get Bit 06-24-2011
Friday, June 24, 2011 - 3:14pm | 994Cusick's Corner EU debit crises and austerity measures are the headline risks this market seems to be focused on, what has caught my eye is Gold, GCN11, which is just getting pounded. With the Gold futures right at the $1500 level, I will be watching whether or not the bid comes in and starts to...
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Fortinet Continues Higher, Up 4%
Friday, June 24, 2011 - 1:34pm | 100Fortinet, Inc. (NASDAQ: FTNT) shares are up strongly in a very weak tape, gaining more than 4% on heavy volume. There have been rumors that Fortinet was a potential takeout target by a company like Oracle (NASDAQ: ORCL) or another company that is similar. At last check, shares of Fortinet were up...
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Oracle Corporation Extends Losses, Down Nearly 4% After Earnings
Friday, June 24, 2011 - 12:34pm | 294Oracle Corporation (NASDAQ: ORCL) shares have extended their losses from the open of trading after the software giant reported earnings last night after the bell. The company reported earnings that beat Wall Street estimates and guidance was better than expected, but hardware sales were softer...
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Friday's Mid-Day Options Volume Leaders
Friday, June 24, 2011 - 12:25pm | 85Here are today's mid-day options volume leaders… 1. Apple Inc. (NASDAQ: AAPL) 162,980 contracts, 56.8% calls, 43.2% puts 2. Williams Companies Inc. (NYSE: WMB) 83,055 contracts, 64.1% calls, 35.9% puts 3. Oracle Corp. (NASDAQ: ORCL) 73,778 contracts, 60.9% calls, 39.1% puts 4. Bank of America (...
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Bank of America Merrill Lynch Reiterates Buy on Oracle
Friday, June 24, 2011 - 9:41am | 135Bank of America Merrill Lynch is out with its report today on Oracle (NASDAQ: ORCL), reiterating Buy. In a note to clients, Bank of America Merrill Lynch writes, "We reiterate our Buy rating with a Price Objective of $39. We are raising 2012E EPS from $2.40 to $2.41. License revs were +19%, better...
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Jefferies Comments On Rracle Pizazz
Friday, June 24, 2011 - 8:37am | 125According to Jefferies, Oracle (NASDAQ: ORCL) reported F4Q11 slightly ahead of consensus, but the quality/ size of the beat wasn't as impressive as recent quarters. Jefferies said that ORCL reported F4Q11 license/ NG rev/ NG EPS of $3.7B/ $10.8B/ $0.75 v us at $3.7B/ $10.8B/ $0.72 and the Street...
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Benzinga's Top Pre-Market NASDAQ Losers
Friday, June 24, 2011 - 8:26am | 131Pain Therapeutics (NASDAQ: PTIE) dipped 32.25% to $6.26 in the pre-market session. Pfizer (NYSE: PFE) and PTIE received a Complete Response Letter from the US Food and Drug Administration (FDA) on the resubmission to the new drug application (NDA) for REMOXY. Durect Corporation (NASDAQ: DRRX)...
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Piper Jaffray Overweight On Oracle After Earnings
Friday, June 24, 2011 - 7:50am | 153Piper Jaffray has an Overweight rating and a $37 price target on shares of Oracle (NASDAQ: ORCL) after it reported earnings last night. In a note to investors, Piper Jaffray writes, "ORCL reported revenue of $10.8B, narrowly above consensus of $10.7B, and PF EPS of $0.75 was slightly ahead of the...
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Citi Maintains Buy on Oracle
Friday, June 24, 2011 - 7:24am | 121Citi is out with its report today on Oracle (NASDAQ: ORCL), maintaining Buy. In a note to clients, Citi writes, "We remain bullish on Oracle shares and are maintaining our $35 price target. The combination of above-market growth, extremely sticky products and best-in-class execution drives an...
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Investors Hit Oracle After Disappointing Quarterly Results
Friday, June 24, 2011 - 6:56am | 179Oracle Corporation (NASDAQ: ORCL) posted less-than-stellar fourth-quarter results on Thursday, and investors quickly punished the stock as concerns grew that technology spending was slowing. Oracle posted 2011 Q4 revenues of $10.8 billion, slightly beating analyst forecasts of $10.75 billion....
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Stocks to Watch for 6/24/11: Fresh 52 Week Highs and Lows
Friday, June 24, 2011 - 4:30am | 2005Stocks 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) Bristol-Myers Squibb (NYSE: BMY): Shares of Bristol-Myers Squibb hit a 52-week...
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Stocks To Watch For June 24
Friday, June 24, 2011 - 12:52am | 384Some of the stocks that may grab investor focus today are: Oracle Corp (NASDAQ: ORCL) posted better-than-expected quarterly profit. Oracle reported its FQ4 net income at $3.2 billion, or $0.62 per share, up from $2.4 billion, or $0.46 per share, in the year-ago period. Its revenue surged to $10.8...