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The Startup That Raised $30 Million To Help Hotels And Casinos Maximize Profits
Saturday, August 22, 2015 - 4:25pm | 600Read More...Many startups raise money, but not all of them have experienced the level of growth enjoyed by Duetto, a provider of revenue strategy solutions for hotels and casinos. The company is flying high as the only startup to boost hotel revenue by as much as 20 percent, far outpacing the industry standard...
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Resurgent Detroit: 5 Tech Companies Taking This Rust Belt City To the Future
Wednesday, April 1, 2015 - 10:27am | 1245Read More...In anticipation of Benzinga’s headquarters moving to the heart of Detroit, we’ll be putting out a monthly series highlighting new establishments and exciting things going on in what will be our new home. What Detroit may lack in pure manufacturing power is being made up for in tech...
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How Oracle 'Declared War' On Salesforce
Thursday, December 18, 2014 - 12:48pm | 339Read More...Oracle Corporation (NYSE: ORCL) posted spectacular second-quarter results on Wednesday after the markets closed. Shares opened Thursday with significant gains, recently trading at $44.48, up 8 percent. One highlight of the results was revenue from the cloud business (excluding update and support...
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#PreMarket Primer: Tuesday, November 18: Abe To Delay Sales Tax Increase In Japan
Tuesday, November 18, 2014 - 8:23am | 1336Read More...Following reports that the Japanese economy had fallen into a recession in the third quarter, Prime Minister Shinzō Abe is planning to hold off on another sales tax hike initially set for October 2015. In April, the country’s sales tax was increased from 5 percent to 8 percent in an effort...
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#PreMarket Primer: Monday, October 27: ECB Stress Tests In-Line With Expectations
Monday, October 27, 2014 - 8:19am | 1325Read More...Over the weekend, the European Central Bank released the results of its stress tests to investors eager to see how the region’s banks would fare in times of economic and financial turbulence. All in all, the results were largely in line with expectations, with only 12 banks failing. Those...
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Markets Little Changed Ahead Of Friday's Jobs Report
Thursday, October 2, 2014 - 5:10pm | 2062Read More...U.S. stocks reversed early morning declines and closed the day little changed ahead of Friday's job reports data, which will be released at 8:30 A.M. The number of Americans filing claims for unemployment benefits unexpectedly fell last week by 8,000 according to data released today. Not...
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DA Davidson Cautious On Salesforce.com, inc.; Macro And Company Risks Not Fully Appreciated By Investors
Thursday, October 2, 2014 - 9:00am | 202Read More...In a note to clients on Thursday, Jack Andrews of DA Davidson described Salesforce.com, inc. (NYSE: CRM) as being the “next generation enterprise application cloud computing leader.” Andrews said that the company is on track to generate more than $5 billion in revenue during the current fiscal...
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Box Just Did Something Rare For A Company About To Go Public
Tuesday, July 8, 2014 - 11:57am | 596Read More...It is rare for a company that has already filed for an IPO to seek new financing. Box Inc. did just that Monday, raising $150 million from private equity firm, TPG Growth and from Coatue Management, L.L.C. According to The Wall Street Journal, data from Dow Jones VentureSource indicated that...
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Market Wrap For May 21: Fed's Minutes Support Wednesday's Bull Run
Wednesday, May 21, 2014 - 4:37pm | 2652Read More...U.S. stocks rose at the opening bell and continued to rise throughout the trading session. Investors and traders breathed a sigh of relief when the Federal Reserve indicated a rate hike is not likely in the short term. According to the Fed, it is examining multiple strategies to tighten its...
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Earnings Expectations For The Week Of May 19: More Big-Box Retailers
Sunday, May 18, 2014 - 5:29pm | 985Read More...Wal-Mart (NYSE: WMT) kicked off earnings season for the big retailers last week with disappointing first-quarter results. Taking their turns on the earnings stage this week are Best Buy (NYSE: BBY), Home Depot (NYSE: HD), Target (NYSE: TGT) and several more retailers. Below is a brief look at...
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Market Wrap For May 5: Dow Erases Triple-Digit Loss, All Three Major Indices Positive
Monday, May 5, 2014 - 4:36pm | 2443Read More...U.S. stocks rose as investors found that the positives in the U.S. services sector outweighed concerns over an escalating conflict in Ukraine. The Institute for Supply Management said that its service-sector index rose to 55.2. Any reading above 50.0 indicates an expansion. Also, the index...
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Market Wrap For March 7: Markets Cap Off Positive Week With Small Gains
Friday, March 7, 2014 - 5:31pm | 2369Read More...U.S. stocks were mixed as investors continue to follow the standoff in Ukraine and digested February's jobs report which indicated that harsh winter weather could be the culprit behind weakness seen in recent economic data reports. The S&P 500 trading at new all time highs at 1,883.57 but...
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Salesforce.com Planning New Data Centers In Europe
Thursday, March 6, 2014 - 4:42pm | 563Read More...San Francisco-based global cloud computing company, Salesforce.com (NYSE: CRM), best known for its customer relationship management (CRM) software, said it planned to open three data centers in Europe between now and 2015. The company said its first European data center would open in the U.K....
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Top Trending Tickers On StockTwits For February 28
Friday, February 28, 2014 - 11:29am | 927Read More...Here's a look at the top tickers trending on StockTwits.com. 3D Systems: Investors positive following EPS and revenue misses This morning, 3D Systems (NYSE: DDD) reported its fourth quarter results. The company announced an EPS of $0.19, missing the consensus estimate of $0.20. Revenue of $154.8...
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Earnings Expectations For The Week Of February 24: Best Buy, Home Depot & More
Monday, February 24, 2014 - 8:19am | 1002Read More...Last week, Wal-Mart (NYSE: WMT) kicked off the parade of big retailers stepping into the earnings spotlight by offering up subpar same-store sales and weak guidance for the year. Inclement weather got some of the blame. Will that be so for Best Buy (NYSE: BBY), Gap (NYSE: GPS), Home Depot (NYSE...















