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Wunderlich Securities Reiterates Hold on CommVault Systems (CVLT)
Wednesday, May 11, 2011 - 7:10am | 169Wunderlich Securities reiterated its Hold rating on CommVault Systems (NASDAQ: CVLT). In a research report published today, Wunderlich stressed that even though CommVault's Q1 results were ahead of market expectations, its underlining revenues and earnings per share were not as impressive. In the...
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US Stock Futures Up As Investors Await Macy's Earnings; Gold, Silver Futures Rise
Wednesday, May 11, 2011 - 6:34am | 476US stock futures are higher this morning. Gold and silver futures continued to recover from the last week's losses. Futures on the Dow Jones Industrial Average gained 32 points to 12,732.00 and futures on the S&P 500 stock index rose 3.30 points to 1,357.10. Nasdaq 100 futures surged 3.50...
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Facebook Applications Accidentally Leaking User Information: Symantec
Wednesday, May 11, 2011 - 6:20am | 273Facebook users may have leaked personal information through the popular social network's applications, security firm Symantec (NASDAQ: SYMC) is reporting Wednesday. According the company's blog, "Third parties, in particular advertisers, have accidentally had access to Facebook users' accounts...
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Earnings Scheduled For May 11 (TM, MT, TEVA, ZIP, M, BAM, CSCO, IAG, SYMC, ACXM, SSRX, SVN, APAC, CONM)
Wednesday, May 11, 2011 - 2:20am | 375Toyota Motor Corp (NYSE: TM) is estimated to post its FQ3 EPS at $0.64 on revenue of $63.42 billion. Arcelor Mittal (NYSE: MT) is expected to post its Q1 earnings at $0.48 per share on revenue of $22.03 billion. Teva Pharmaceutical Industries Limited (NASDAQ: TEVA) is projected to post its Q1...
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Stocks To Watch For May 11 (M, DIS, CSCO, MDR, SYMC)
Wednesday, May 11, 2011 - 2:16am | 250Some of the stocks that may grab investor focus today are: Wall Street expects Macy's Inc (NYSE: M) to report its Q1 EPS at $0.17 on revenue of $5.82 billion. Macy's shares gained 0.84% to $26.55 in after-hours trading. Walt Disney Co (NYSE: DIS) reported a 1% fall in its earnings for the second...
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Short-Term Action Broke Through Resistance 05-10-2011
Tuesday, May 10, 2011 - 7:21pm | 897Cusick's Corner The mood in the market is more upbeat. Short-term market action broke through resistance of 1350 on the June S&P500 future which means that this move to the upside might have a fighting chance. Small Cap and Mid Cap stocks have been leading this market's move higher. Most...
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Using the Euro as a Barometer 05-10-2011
Tuesday, May 10, 2011 - 4:03pm | 1002Cusick's Corner The market bounced this morning after a brief breach of support, 1340 level for the June S&P and 134 level for the SPY; back up on a weak Buck and the promise of continual economic growth. The short-term market action needs to break current resistance, 1350 on the June future,...
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Stocks Cheer M&A as Microsoft Nabs Skype
Tuesday, May 10, 2011 - 1:00pm | 110(TheStreet) -- Stocks remained stronger Tuesday on Microsoft's (NASDAQ: MSFT) $8.5-billion acquisition of Skype. The Dow Jones Industrial Average was up by 48 points, or 0.4%, at 12,733. The S&P 500 was higher by 6 points, or 0.5%, at 1353, and the Nasdaq was were ahead by 16 points, or 0.6%,...
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Microsoft to Host Financial Community Webcast to Recap Skype Acquisition
Tuesday, May 10, 2011 - 12:43pm | 63Microsoft Corp. (NASDAQ: MSFT) will host a live webcast for the financial community to recap today's press conference regarding the company's acquisition of Skype. The webcast will be held today at 2:00 p.m. Pacific Time. Interested parties can listen to this webcast on the Microsoft Investor...
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NetSuite OneWorld Cloud ERP System Licensed by Qualcomm (N)
Tuesday, May 10, 2011 - 12:33pm | 87NetSuite (NYSE: N), the industry's leading provider of cloud -based financials / ERP software suites, today announced that Qualcomm Incorporated has signed a subscription services agreement with NetSuite to adopt NetSuite OneWorld ERP system. Qualcomm intends to use the software to improve certain...
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Skype CEO Tony Bates Speaks on Conference Call with Microsoft's CFO to Discuss $8.5B Deal (MSFT)
Tuesday, May 10, 2011 - 12:31pm | 61Skype's CEO Tony Bates speaks on conference call with Microsoft's (NASDAQ: MSFT) CFO regarding the deal. Skype's Bates says, "Skype has 'very engaged' user base... Skype's key part of monetization is advertising... sees 45% CAGR for video based adds." Microsoft's CFO sees the deal as...
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On This Day – 5 Stocks For Elizabeth (RHT, FTE, RDS, HW, CHOP)
Tuesday, May 10, 2011 - 11:13am | 329On May 10, 1794, French Princess Elizabeth, the sister of King Louis XVI, was beheaded. It wasn't, it's probably fair to say, the best day she ever had. A royalist (her being a Princess and all), she viewed the French revolution as the incarnation of evil on Earth and, after bringing in foreign...
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Wunderlich Securities Reiterates Hold on Symantec Corporation (SYMC)
Tuesday, May 10, 2011 - 10:43am | 182Wunderlich Securities reiterated its Hold rating on Symantec Corporation (NASDAQ: SYMC). In a research report published today, Wunderlich stated that even though Symantec might beat analysts' earnings expectations in Q1 and in the rest of the year, there remain a number of uncertainties surrounding...
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Benzinga's Volume Movers (CCIH, FOSL, CVLT, SNHY)
Tuesday, May 10, 2011 - 10:17am | 145ChinaCache International Holdings Ltd (NASDAQ: CCIH) shares moved up 4.70% to $15.81 at 10:15 am. The volume of CCIH shares traded was 362% higher than normal. CCIH reported a 79.6% y/y increase in its Q1 revenue. Fossil Inc (NASDAQ: FOSL) shares rose 9.04% to $102.50. The volume of FOSL shares...
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Market- TD Ameritrade, AMTD, Cristina Fernandez, YPF SA, YPF, Warner Music Group, WMG
Tuesday, May 10, 2011 - 9:55am | 879TD Ameritrade Holding Corp. (AMTD), a provider of securities brokerage services and technology-based financial services to retail investors and traders, said its daily client trades fell 6% last month from a year earlier and declined 3% from March. TD Ameritrade averaged 402,000 trades last month...