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Can Market Pull a Nowitzki? 06-03-2011
Friday, June 3, 2011 - 3:24pm | 957Cusick's Corner Can the market pull off a Nowitzki? (This is the name of Dallas Maverick's German Center, in reference to their roaring comeback in game 2 of the NBA finals.) The long and short of it is that I am going to be watching the 1313 level, plus want to see a break and settle above this...
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comScore Reports April 2011 U.S. Mobile Subscriber Market Share
Friday, June 3, 2011 - 10:32am | 323comScore, Inc. (NASDAQ: SCOR) today released data from the comScore MobiLens service, reporting key trends in the U.S. mobile phone industry during the three month average period ending April 2011. The study surveyed more than 30,000 U.S. mobile subscribers and found Samsung to be the top handset...
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Bank of America Reiterates Neutral and PT of $22 on Symantec
Friday, June 3, 2011 - 8:38am | 137Bank of America reiterated its Neutral rating on Symantec (NASDAQ: SYMC). At the same time, Bank of America left its price target on the company's stock unchanged at $22 after a meeting with the company's management. In a research report published today, Bank of America states, "SYMC has benefited...
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UPDATE: Morgan Keegan Raises PT on OPNET Technologies to $45
Friday, June 3, 2011 - 8:34am | 68Morgan Keegan is out with its report today on OPNET Technologies (NASDAQ: OPNT), raising its PT from $43 to $45. In a note to clients, Morgan Keegan writes, "Given improving end-market fundamentals, potential for accelerating top-line growth and operating margin expansion, we are raising our FY12...
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DRC to Acquire High Performance Technologies
Friday, June 3, 2011 - 8:06am | 150Dynamics Research Corporation (Nasdaq: DRCO) today announced that it has signed a definitive agreement to acquire privately-held High Performance Technologies. HPTi reported revenue of $90 million for calendar 2010 with nearly 80 percent of sales aligned with DRC's target growth markets, including...
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UPDATE: Bank of America Merrill Lynch Raises PO on Check Point Software Technologies to $59
Friday, June 3, 2011 - 8:02am | 111Bank of America Merrill Lynch is out with its report today on Check Point Software Technologies (NASDAQ: CHKP), raising its PO from $55 to $59. In a note to clients, Bank of America Merrill Lynch writes, "CHKP is benefiting from adoption of its network security appliances and cross-sell...
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Morgan Keegan Raises PT On OPNET Technologies To $45
Friday, June 3, 2011 - 7:30am | 27Morgan Keegan has raised the price target on OPNET Technologies (NASDAQ: OPNT) from $43 to $45 and maintains its Outperform rating.
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Bank of America Raises PO On Check Point Software To $59
Friday, June 3, 2011 - 6:54am | 30Bank of America has raised the price objective on Check Point Software Technologies (NASDAQ: CHKP) from $55 to $59 and maintains its Neutral rating.
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Wunderlich Securities Reiterates Buy on Vasco Data Security International
Friday, June 3, 2011 - 6:06am | 196Wunderlich Securities reiterated its Buy rating on Vasco Security International (NASDAQ: VDSI). In a research report published today, Wunderlich stressed Google's (NASDAQ: GOOG) praise of two-factor authentication security, where Vasco is the market leader, following the security problems in Gmail...
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Downside Should Be Respected 06-02-2011
Thursday, June 2, 2011 - 3:41pm | 1011Cusick's Corner Where do you start? Well for one the data was not good (ISM/Claims showing slower growth) and Greece looked for certain to go into default. But wait, the ECB announces a new plan to bailout Greece, popping the Euro and other Currencies (especially commodity based currencies like...
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Grilled Cheese Sandwich Nabs $10 Million Investment, Snubbing Hamburgers and Chicken Fingers Everywhere
Thursday, June 2, 2011 - 12:24pm | 259The inventor of the ill-fated Flip camcorder could be on the verge of another brilliant invention: a five-dollar grilled cheese sandwich. What makes it brilliant, you ask? That remains to be seen. But if Flip's main man, Jonathan Kaplan, has what it takes to convince a venture firm to invest more...
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E=MC Paid?
Thursday, June 2, 2011 - 9:19am | 451EMC Corporation (NYSE: EMC) CEO Joseph Tucci is out making some interesting comments this morning that may make investors take a second look at his company, particularly if it is able to execute on its cloud strategy. Tucci said this morning that he would not sell VMware (NYSE: VMW) for $60...
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Bank of America Reiterates Buy Rating, $39 PO on Oracle
Thursday, June 2, 2011 - 8:27am | 97Oracle Corp. (NASDAQ: ORCL) is the best positioned LT and “winner in our ‘Stack Wars' thesis positioned to capitalize the opportunities created by Big Data, in our opinion,” Bank of America reports. “We see a trifecta of product cycles: 1) a database refresh in C11; 2) Exadata, a hardware...
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Bank of America Merrill Lynch Has Buy On Microsoft
Thursday, June 2, 2011 - 8:06am | 137Bank of America Merrill Lynch has a Buy rating and a $38 price target on shares of Microsoft (NASDAQ: MSFT) after the Bank of America Merrill Lynch Technology center. In a note to clients, Bank of America writes, "MSFT seems to have made some headway with Bing having doubled its share to ~14% as...
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MIcrosoft Debuts Win8 At WSJ's D9 Conference
Thursday, June 2, 2011 - 8:02am | 193Oppenheimer has published a report following Microsoft's (NASDAQ: MSFT) Win8 demo at WSJ's D9 conference. In the report, Oppenheimer writes, "Wednesday, after the close, Steve Sinofsky, the head of MSFT's Windows division, demoed Windows 8 at the WSJ's D9 conference. As expected, the product pulls...