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Financial Breakfast for August 24, 2011
Wednesday, August 24, 2011 - 7:42am | 521Read More...This is your Benzinga news summary and traders' outlook for Wednesday, August 24, 2011, covering headlines from overnight and Wednesday's pre-market session. Today in domestic pre-market trading, U.S equity futures are trading lower. At last check, Dow futures are down about 75 points and the U.S...
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A Peek Into The Market Before The Trading Starts
Wednesday, August 24, 2011 - 7:27am | 390Read More...Pre-open movers US stock futures are lower this morning, as investors are awaiting data on demand for durable goods. Futures for the Dow Jones Industrial Average dipped 99 points to 11,042.00 and S&P 500 index futures fell 10.60 points to 1,148.00. Nasdaq 100 futures dropped 18.50 points to 2,...
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Sprint to Carry iPhone 5 by Mid-October: WSJ
Wednesday, August 24, 2011 - 6:28am | 258Read More...Sprint Nextel (NYSE: S) will begin selling its own version of Apple's (NASDAQ: AAPL) popular iPhone by mid-October, the Wall Street Journal reported Wednesday, citing unnamed sources. The move would allow Sprint to become the third U.S. wireless provider to carry the iPhone. The device has been...
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Hewlett Packard: A Deep Value Silicon Valley Icon
Wednesday, August 24, 2011 - 3:49am | 517Read More...By 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...
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ARM Holdings Soaring On Takeover Rumors
Tuesday, August 23, 2011 - 3:17pm | 102Read More...ARM Holdings (NASDAQ: ARHM) shares are soaring today, gaining more than 8% on rumors the company could potentially be acquired. It was mentioned earlier that either Intel (NASDAQ: INTC) or Apple (NASDAQ: AAPL) could potentially be an acquirer of the British technology company. At last check,...
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NCR Named Aruba Networks ServiceEdge Partner
Tuesday, August 23, 2011 - 9:15am | 66Read More...NCR Corporation (NYSE: NCR) announced that it has achieved ServiceEdge Partner status for Aruba Networks' wireless LAN solutions. This enables NCR to help telecom companies and system integrators on a global basis to meet growing demand for Aruba's ubiquitous wireless access solutions. ServiceEdge...
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The Long ARM Of The Law Of Portfolio Gains
Tuesday, August 23, 2011 - 9:07am | 744Read More...There is a rumor out there this morning that ARM Holdings (NASDAQ: ARMH) is up for sale. The stock is reacting positively this morning, up 5%, and ARM bulls might like the move, but it is not feasible. Morgan Stanley is out with a note this morning saying it does not believe ARM will get sold....
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Nintendo Shares Rise on September Event and 3DS Announcement Rumors
Tuesday, August 23, 2011 - 7:46am | 415Read More...It's like a benefit concert to save a dying species. In a move to prevent the Nintendo 3DS from becoming extinct, Nintendo (NTDOY) is rumored to be holding an event in Tokyo next month to announce new games and potential hardware modifications. Shares of the company rose more than eight percent on...
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A Peek Into The Market Before The Trading Starts
Tuesday, August 23, 2011 - 7:31am | 370Read More...Pre-open movers US stock futures are higher this morning. Futures for the Dow Jones Industrial Average surged 121 points to 10,968.00 and S&P 500 index futures rose 15.30 points to 1,138.60. Nasdaq 100 futures gained 26.00 points to 2,070.00. A Peek Into Global Markets European markets were...
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Apple Producing Lower-Cost 8GB iPhone: Report
Tuesday, August 23, 2011 - 7:07am | 227Read More...Technology giant Apple (NASDAQ: AAPL) has begun production of a cheaper 8GB version of its wildly popular iPhone, two people familiar with the matter told Reuters Tuesday. The move would likely be aimed at growing Apple's global market penetration by targeting lower-end users who don't want to pay...
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Apple Makes $350+ on Every iPhone Sold
Tuesday, August 23, 2011 - 7:00am | 186Read More...Now you know why Apple prefers to sell hardware, not software. The Atlantic and Visual.ly have an amusing (if not scary) infographic from iSuppli that reveals that Apple (NASDAQ: AAPL) is making an average of $368 for every iPhone sold. This is based on an average selling price of $560 and...
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Standard & Poor's Announces Changes to U.S. Index
Monday, August 22, 2011 - 6:26pm | 134Read More...S&P will make the following changes to the S&P SmallCap 600 index: GT Advanced Technologies (NASDAQ: GTAT) will replace Radiant Systems (NASD: RADS) in the S&P SmallCap 600 index after the close of trading on Wednesday, August 24. S&P MidCap 400 constituent NCR (NYSE: NCR) is...
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HP Adds Pre 3 to WebOS Bargain Bin
Monday, August 22, 2011 - 6:08pm | 86Read More...Just two days after slashing prices on their two TouchPad models, Hewlett-Packard (NYSE: HPQ) announces they are deeply discounting the Pre 3 phone, which also runs on WebOS. Originally available for around $500 in the UK and France, the phones will now sell for $75, contract free. For now, the...
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Another Early Rally Goes Up In Smoke
Monday, August 22, 2011 - 3:29pm | 308Read More...Traders should remember the old market adage, it is not how they open them, it is how they close them. This morning, the major stock indexes started the morning sharply higher, however, that rally began to fade once the opening bell rang at the New York Stock Exchange. Traders are really showing...
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Apple's Pointless Battle Over Rectangles - Outrage
Monday, August 22, 2011 - 1:43pm | 146Read More...(TheStreet) -- Apple (NASDAQ: AAPL) is wasting its time and money battling over patents in a vanity-inspired legal effort to monopolize the tablet market with its iPad. We'll no doubt be hearing a lot about tablet lawsuits this week when Apple and Samsung face off during oral arguments before a...

