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Microsoft's Ballmer Says, "Hopes For Skype Regulatory Approval This Year... Plans To Keep, Grow Skype Brand." Bloomberg (MSFT)
Tuesday, May 10, 2011 - 9:43am | 37Microsoft (NASDAQ: MSFT) CEO Ballmer and Skype's CEO Bates spoke in an interview. Microsoft's Ballmer says, "hopes for Skype regulatory approval this year... plans to keep, grow Skype brand."
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Earnings Preview for Symantec (SYMC)
Tuesday, May 10, 2011 - 9:35am | 224Symantec (NASDAQ: SYMC) is scheduled to report fiscal fourth-quarter 2011 results after the closing bell tomorrow, May 11. Analysts are looking for the company to announce that per-share earnings slipped 10% from a year ago to $0.36. That consensus estimate is unchanged in the past 60 days. The...
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Morgan Stanley Comments On CheckPoint Software Technologies Following Management Meetings
Tuesday, May 10, 2011 - 9:16am | 225After hosting meetings with CheckPoint Software Technologies (NASDAQ: CHKP) CFO Tal Payne, Morgan Stanley came away more confident the blade opp. for CHKP still lies largely ahead and cons. rev. expectations over the next 2 yrs. are likely conservative. Penetration of the software blade...
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Morning News Summary for May 10, 2011
Tuesday, May 10, 2011 - 9:06am | 351U.S. stock index futures are pointing to a higher open this morning after Chinese trade data came in near the strong end of the expected range and investors became increasingly optimistic on the economic recovery. It looks like Microsoft (NASDAQ: MSFT) is nearing the biggest buyout in their 36-...
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CA Technologies to Deliver Backup and Recovery Solution Using Microsoft's Windows Azure Cloud Platform (CA)
Tuesday, May 10, 2011 - 9:02am | 106CA Technologies (NASDAQ: CA) today announced an agreement with Microsoft to offer customers its industry-leading CA ARCserve® data protection technology as a software-as-a-service offering using Microsoft's Windows Azure ™ cloud platform. The new cloud offering, scheduled for availability in the...
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Upgrades Downgrades, Stocks to Watch May 10
Tuesday, May 10, 2011 - 8:53am | 292Rosetta Resources Inc. (ROSE) - 20% price target increase from where its trading now target raised to $65 from $55 at FBR Trina Solar Limited (TSL) Raised gross margins - but off production guidance Announces Updates to First Quarter 2011 Guidance - stocks trading off on the 8am headline....
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Earnings Roundup For May 10 (DF, LRN, MDC, CVLT, DEP, ITYBY, HMIN, IHG, EPD, WMG, BRGYY, TUIVY, PIKE, SZKMY, JASO)
Tuesday, May 10, 2011 - 8:49am | 865Dean Foods Co (NYSE: DF) reported a 41% decline in its first-quarter profit on Tuesday. The company reported its Q1 profit at $25.3 million, or $0.14 per share, compared with $43.2 million, or $0.24 per share, in the year-earlier period. The company's net sales increased 3% to $3.05 billion....
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eBay Soaring On Skype Deal (MSFT, EBAY)
Tuesday, May 10, 2011 - 8:47am | 202Obviously by now, everyone knows that Microsoft (NASDAQ: MSFT) has purchased Skype for a whopping $8.5 billion. Microsoft said it will use Skype's functionality in the Xbox game console, Outlook email program and Windows smartphones, and will continue to be supported on other platforms. In...
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Should Microsoft Corporation (MSFT) buy Skype?
Tuesday, May 10, 2011 - 8:41am | 1133Microsoft Corporation (MSFT) said it would purchase internet telephony network Skype Global for $8.5 billion in cash to expand its portfolio of real-time communications products and services. It will be Microsoft's largest acquisition in nearly three decades. At that price, a Skype takeover would...
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DemandTec and Tops Markets Renew Agreement (DMAN)
Tuesday, May 10, 2011 - 8:12am | 128DemandTec, Inc. (NASDAQ: DMAN), the collaborative optimization network for retailers and consumer products companies, today announced that Tops Markets, LLC, a leading grocery retailer in upstate New York and northern Pennsylvania, has renewed its subscription to multiple DemandTec pricing and...
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Microsoft and Skype Hold Press Conference on Microsoft's Acquisition of Skype at 8.00 PDT
Tuesday, May 10, 2011 - 8:06am | 77Microsoft (NASDAQ: MSFT) CEO Steve Ballmer and Skype CEO Tony Bates will hold a press conference on May 10, 2011, to announce that they have entered into a definitive agreement under which Microsoft Corp. will acquire Skype S.A. for $8.5 billion from the investor group led by Silver Lake. The...
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A Peek Into The Market Before The Trading Starts
Tuesday, May 10, 2011 - 7:33am | 376Pre-open movers US stock futures are higher this morning, as China reported stronger-than-expected trade surplus. Futures on the Dow Jones Industrial Average gained 48 points to 12,679.00 and futures on the S&P 500 stock index rose 6 points to 1,348.70. Nasdaq 100 futures surged 13.25 points to...
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Taking Jab at Netflix and Hulu, YouTube Will Now Offer Hollywood Movies for Rental (GOOG, NFLX)
Tuesday, May 10, 2011 - 7:23am | 349Google (NASDAQ: GOOG) isn't letting Microsoft's (NASDAQ: MSFT) rumored bid for Skype get in its way Tuesday, as the video site is expected to announce that more than 3,000 Hollywood movies will be available for rent. The move is an obvious attempt to move into the territory of Netflix (NASDAQ:...
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Microsoft May Return to Glory Days with $8.5 Billion Purchase of Skype (MSFT, EBAY, GOOG, AAPL, NOK)
Tuesday, May 10, 2011 - 7:16am | 430Microsoft Corporation (Nasdaq: MSFT) is widely reported to be close to buying the online telephone service Skype for more than $8 billion. Skype was purchased by eBay Inc. (Nasdaq: EBAY) for $2.6 billion in 2005 but the hoped for benefits of the deal never materialized and eBay Inc. sold a 70%...
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Morgan Keegan Raises PT On Symantec To $20
Tuesday, May 10, 2011 - 7:14am | 28Morgan Keegan has raised the price target on Symantec Corporation (NASDAQ: SYMC) from $18 to $20 and maintains its Market Perform rating.