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Intra-day Strength Can Make You Money
Friday, August 26, 2011 - 9:16am | 241Traders and investors are waiting for the Federal Reserve Bank Chairman Ben Bernanke to speak this morning at 10:00 am EST. This could be one of the most highly anticipated speeches of the year. The major stock market indexes have been under heavy selling pressure all morning ahead the speech,...
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Oppenheimer Maintains Outperform on Micros Systems
Friday, August 26, 2011 - 8:38am | 78Oppenheimer is out with its report today on Micros Systems (NASDAQ: MCRS), maintaining Outperform. In its report, Oppenheimer writes, "While MCRS's end-markets remain challenging, given a solid backlog (up 20% YoY to $404.8M), reasonable FY12 expectations (expects 10% revenue growth), strong...
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Early Warning Signs of Steve Jobs' Waning Influence at Apple?
Friday, August 26, 2011 - 8:33am | 174Two ways to know if Steve Jobs' influence has diminished. He may not be the CEO of Apple (NASDAQ: AAPL) anymore, but Steve Jobs is still thought to be a powerful figure at the company he built more than 30 years ago. Trip Chowdhry, the Managing Director of Equity Research at Global Equities...
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UPDATE: Jefferies Lowers PT on MICROS Systems to $50
Friday, August 26, 2011 - 6:43am | 97Jefferies is out with its report today on MICROS Systems (NASDAQ: MCRS), lowering its PT to $50 from $58. In its report, Jefferies writes, "MCRS beat F4Q11 Street EPS by 18% driven primarily by higher GM and lower opex. Mgmt guided in-line with consensus, which implies around 10% rev growth and 30...
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Jefferies Lowers PT On MICROS Systems To $50
Friday, August 26, 2011 - 5:02am | 27Jefferies & Company has lowered the price target on MICROS Systems (NASDAQ: MCRS) from $58 to $50 and maintains its Buy rating.
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MICROS Systems Rallies on Guidance Update
Thursday, August 25, 2011 - 3:36pm | 191Shares of MICROS Systems (NASDAQ: MCRS) are trading higher in the after-hours following the release of the company's Q4 earnings results. Currently, shares are higher by 2.39%, trading at $42.00; they ended the regular session lower by 2.54%, at $41.02. MICROS Systems reported Q4 EPS of $0.58 on...
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"Tweet," "Crowdsourcing," "Bromance" and Other Words-of-the-Moment Come to Merriam-Webster's Dictionary
Thursday, August 25, 2011 - 12:13pm | 256I'm updating my copy of Microsoft (NASDAQ: MSFT) Word 2003 as we speak. It's official: Merriam-Webster's Collegiate Dictionary has added “tweet,” “crowdsourcing,” “social media,” “m-commerce,” “bromance,” “cougar,” “fist pump,” and “helicopter parent” (my favorite) to its long list of real (and...
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Buffett Bounce Evaporates, All Eyes On The Bernank Tomorrow
Thursday, August 25, 2011 - 10:16am | 288The major stock indexes have declined faster than they rallied after the announcement of the Bank of America deal with angel investor Warren Buffett. At first, many traders and investors thought this was good news, now it is really turning out to be a negative report for the investing public. This...
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Can Apple Survive Without Steve Jobs?
Thursday, August 25, 2011 - 8:27am | 960It's the question the Mac maker never wanted to ask. But we all knew it was coming. Even if Steve Jobs had been able to continue as CEO, he could not hold that position forever. Eventually Apple (NASDAQ: AAPL) was going to need a new chief executive to take over. In accordance with Jobs'...
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Morgan Stanley Overweight On Oracle
Thursday, August 25, 2011 - 7:14am | 163Morgan Stanley is out with a research report on Oracle (NASDAQ: ORCL) and it has an Overweight rating and a $36 price target on shares. In a note to clients, Morgan Stanley writes, "A durable recurring base representing >50% of total revs and >75% of op. income will enable ORCL to sustain...
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Trying to Score Pills Online? Don't Bother with Google.
Wednesday, August 24, 2011 - 12:59pm | 362Who actually enjoys online advertisements? Most websites have random ads that are either too good to be true or just plain idiotic. To be fair, these ads have been a large source of revenue for online companies big and small. Recently, Google (NASDAQ: GOOG) has come under fire for posting ads...
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Brightcove Files $50 Million IPO
Wednesday, August 24, 2011 - 10:47am | 171Online video platform company Brightcove announced it had filed with the SEC to go public, and is looking to sell $50 million worth of common stock. No price range on the IPO has been given yet. Here is the company's S-1 that it filed with the SEC this morning. Brightcove, based out of Cambridge...
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Is This The First Time Apple Has Ever Been Wrong?
Wednesday, August 24, 2011 - 10:13am | 630It seems like Apple (NASDAQ: AAPL) can do no wrong, from iPods, to iPhones, to iPads. Everything the company does turns to gold. AppleInsider is reporting that Apple is a backer of having an overseas profit tax holiday for U.S. companies. There is an estimated $1.5 trillion in cash overseas on...
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Benzinga's Top Pre-Market Losers
Wednesday, August 24, 2011 - 6:48am | 111Starbucks Corporation (NASDAQ: SBUX) fell 4.55% to $35.06 in the pre-market trading. SBUX shares have surged 60.96% over the past 52 weeks, while the S&P 500 index has gained 10.50% in the same period. Oracle Corporation (NASDAQ: ORCL) dipped 1.64% to $25.77 in the pre-market session. Oracle...
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Hewlett Packard: A Deep Value Silicon Valley Icon
Wednesday, August 24, 2011 - 2:49am | 517By now, HP's downfall has been well documented after it announced that it was going to get out of the PC business and seek to acquire Autonomy Corporation plc, the UK-based business intelligence software company, for ~$10 billion. The shuttering of the phone and tablet division it acquired from...