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Positive Developments in Store for AMT
Monday, January 25, 2010 - 2:51pm | 137Analysts at Benchmark maintain their “buy” rating on American Tower Corp (NYSE: AMT). The target price for AMT is set to $50. Benchmark expects several positive catalysts for tower stocks in the near term, including the launch of Apple’s (APPL) tablet computer and Verizon’s (VZ) iPhone. American...
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Handset Activity Picking Up (NOK, VZ, VOD, RIMM, PALM, MOT)
Monday, January 25, 2010 - 12:13pm | 192Barron’s reports that production in large handset factories is getting ramped up big time. It is expected that the real issue and cause for success in the handset market would be cost control. Companies like Nokia Corporation (NYSE: NOK) and Samsung are expected to do well, given their large scale...
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Liberty Global Selling Stake In Japanese Subsidiary
Monday, January 25, 2010 - 5:01am | 209Cable company Liberty Global Inc. (Nasdaq: LBTYA) (Nasdaq: LBTYB) (Nasdaq: LBTYK) made an announcement early Monday that Japanese wireless operator KDDI Corp. has agreed to buy its subsidiaries that directly and indirectly control 37.8% of Japanese broadband communications unit, Jupiter...
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Mad Money Lightning Round: Cramer Favors GOOG, WMT, INTC, S, ERTS; Shows Dislike For AMD, SLM, PCS, GME
Friday, January 22, 2010 - 9:07am | 254In his "Mad Money Lightning Round," Jim Cramer said that he had reduced the target price for GOOG just because of the China issue. However, all the growth metrics are there in GOOG and that he would buy a little at this time. GOOG lost 3.21% to $564.27 in pre-market trading. Jim expressed his...
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Benzinga’s Top Upgrades (PLXS, FFIV, LOGI, NWSA, CLWR)
Thursday, January 21, 2010 - 10:20am | 276Plexus Corp. (NASDAQ: PLXS) was upgraded today by Needham from Hold to Buy with a price target of $38. Plexus is now trading at $31.11, 7.35% up in the pre-market session. PLXS closed at $28.98 in the previous trading session. In the last year, PLXS has gained over 85%. F5 Networks, Inc. (NASDAQ...
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Jim’s Rapid Fire Round – Favorites Include AAPL, ERTS, AKAM, CSCO, AMT, SWKS; Wary On GOOG
Thursday, January 21, 2010 - 10:01am | 263Jim Cramer, the famous host of the "Mad Money" TV Show, told his viewers that investors must stick to stocks that are performing when the markets are declining due to correction or bad news. Cramer believes that digital media and smartphones will be a bigger revolution than the Internet or PCs and...
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Top 5 Mid-Cap Stocks In The Technology Sector With The Highest EPS Estimates (CEL, PTNR, DNB, CSC, BIO)
Wednesday, January 20, 2010 - 8:00am | 277Below are the top 5 mid-cap technology stocks on the NASDAQ and the NYSE in terms of EPS estimates. The 2009 EPS estimate for Cellcom Israel Ltd (NYSE: CEL) is $11.26. CEL’s market capitalization is $3.28 billion. The trailing-twelve-month return on equity for CEL is 307.08%. Read more on this...
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Benzinga's Top ETF Decliners (FXP, DRV, VXX, EDZ)
Tuesday, January 19, 2010 - 2:02pm | 170ProShares UltraShort FTSE/Xinhua China 25 (NYSE: FXP) is struggling today as companies like China Mobile Ltd. (ADR) (NYSE: CHL) and China Life Insurance Company Ltd. (ADR) (NYSE: LFC) are doing well. FXP fell more than 5%, while LFC and CHL added 1.89% and 1.14% respectively. Direxion Daily Real...
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Google (GOOG) Delays Android Launch In China
Tuesday, January 19, 2010 - 1:25pm | 122Google (NASDAQ: GOOG) has announced that it has postponed the launch of two android platform based mobile phones in China. These phones, manufactured by Samsung Electronics and Motorola (NYSE: MOT), were scheduled for launch on Wednesday. This decision has been taken in view of the current tussle...
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AT&T Announces New Unlimited Calling Plans
Friday, January 15, 2010 - 7:29pm | 118AT&T Inc. (NYSE: T) announced late Friday that the company is introducing new unlimited wireless plans. The plans that will be available starting Monday include an unlimited monthly voice plan for $69.99, an unlimited voice and text plan of $89.99 a month and a $99.99 unlimited monthly voice...
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Distribution Warning: Stocks Being Sold on Heavy Volume
Friday, January 15, 2010 - 1:24pm | 198Not only are they among the day’s biggest losers, but they’re also being sold on massive volume…. some salt in the bearish wound. It could be a sign of institutional selling, and/or an indication that the market has transitioned to a net bearish opinion on these names. Either way, today’s high-...
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Distribution Alert: MED, AMX, TSL, GOV, WIT Selling on High Volume
Thursday, January 14, 2010 - 4:34pm | 181As if moving lower wasn’t bad enough some stocks are moving lower on a massive amount of volume. This can often mark the beginning of a breakdown, and/or institutional selling. Today’s high-volume losers are: Medifast Inc. (NYSE: MED) America Movil S.A.B. de C.V. (NYSE: AMX) Trina Solar Ltd. (NYSE...
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Biggest NYSE Losers (KYN, AMX, ZLC, PKX, MON, MED)
Thursday, January 14, 2010 - 10:21am | 373Kayne Anderson MLP Investment Co. (NYSE: KYN) plunged 6.80% to $23.56 in the pre-market session. Kayne Anderson today announced that it has commenced a public offering of 5,500,000 shares of its common stock. In the last year, KYN is up over 45%. KYN closed at $25.28 in the last trading session....
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MetroPCS Communications Upgraded (PCS)
Wednesday, January 13, 2010 - 1:19pm | 176MetroPCS Communications (NYSE: PCS) has been upgraded at Macquarie Equities Research today to outperform. The price target on the shares is $12.00 based on a discounted cash flow model. According to Google Finance, "MetroPCS Communications, Inc. (MetroPCS) is a wireless communications provider that...
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Deutsche Views PCS As A Good Hold
Wednesday, January 13, 2010 - 9:23am | 43Deutsche Bank upgraded MetroPCS (NYSE: PCS) from “sell” to “hold.” Deutsche Bank has changed its views after its meeting with PCS. PCS's shares last traded at $6.35. PCS has declined by 20% over the last three months.