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Market Wrap For May 29: Investors Welcome Another Record High For The S&P 500
Thursday, May 29, 2014 - 4:41pm | 2596U.S. stocks gained on Thursday despite the Commerce Department reporting that U.S. gross domestic product declined at a one percent annualized rate in the quarter. Analysts were expecting GDP to decline 0.4 percent. Pending home sales were below expectations but investors may have shrugged off...
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Microsoft Mohoro 'Desktop As A Service' Gets Public Release
Tuesday, May 13, 2014 - 11:19am | 680Microsoft (NASDAQ: MSFT), continuing to see “the writing on the wall” released its Mohoro Desktop as a Service (DaaS) Monday. Known officially as Azure RemoteApp, the service allows users to run Windows Server applications on a variety of devices. The remote desktop client that accompanies...
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Market Wrap For March 24: Markets On Two-Day Losing Streak?
Monday, March 24, 2014 - 4:48pm | 1804U.S. stocks declined for the second straight session on little market-moving news. The Nasdaq index was hit harder than other major indices with investors and traders selling off otherwise solid performers like Facebook, Google, Tesla, Keurig Green Mountain and others. "These are all stocks...
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Market Wrap For March 21: Markets End Friday On A Negative Note, But Still Positive For The Week
Friday, March 21, 2014 - 4:38pm | 2353U.S. stocks slipped to negative territory aided in part by Friday being a quadruple witching trading session. Major indices sold off in the afternoon as investors likely took some chips off the table going in to an uncertain weekend with the situation in Ukraine far from resolved. The S&P...
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Market Wrap For March 17: Investors Focused On Economic Data Instead Of Crimea Concerns
Monday, March 17, 2014 - 4:45pm | 2393U.S. stocks rose as investors focused on positive economic data rather than the tense situation in Ukraine. Economic reports showed that U.S. industrial production rose in February. President Obama imposed sanctions against Russian and Crimea officials following an election on Sunday which...
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Market Wrap For March 11: Markets End Slightly In The Red As Ukraine Worries Persist And Continued Chinese Conerns
Tuesday, March 11, 2014 - 4:42pm | 2333U.S. stocks declined as investors continue to question China's growth prospects following Monday's shocking report that its exports had tumbled in February. Certainly not helping investor sentiment is the fact that Crimea's parliament voted to declare independence from Ukraine. This weekend,...
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Google And VMware Just Ganged Up On Microsoft
Thursday, February 13, 2014 - 12:14pm | 596Businesses are all about saving money. Now Google (NASDAQ: GOOG) and VMware (NYSE: VMW) have come up with a way enterprises can save lots of money via Google’s inexpensive Chromebook. Chromebook users, thanks to VMware, will be able to access Microsoft's (NASDAQ: MSFT) Windows applications via...
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Earnings Expectations For The Week Of January 27: Facebook, Google, Apple And More
Monday, January 27, 2014 - 7:56am | 982The earnings crunch is on this week. Highlights will include reports from Amazon.com, Apple, Boeing, Comcast, Facebook, Google and Yahoo! All of them are expected to report year-over-year growth in per-share earnings. But analysts are looking for declining profits from the likes of Caterpillar,...
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Market Wrap For January 22: Earnings Season Continues To Come In Mixed
Wednesday, January 22, 2014 - 5:58pm | 2705Wednesday marked another day of mixed trading as investors and traders continue to find little clarity from the quarterly results released so far. With the markets being a "mixed bag" major indices ended the day little changed with the Dow ending slightly in the red and both S&P 500 and...
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Red Hat And Other Software Stocks That May Beat Revenue Estimates (RHT)
Thursday, August 22, 2013 - 1:28pm | 861Analysts at Lazard believe software makers Citrix Systems (NASDAQ: CTXS), NetSuite (NYSE: N) and Red Hat (NYSE: RHT) are well positioned to benefit from strong government spending in the current quarter and possibly to the end of the year. That should help them exceed consensus revenue estimates...
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Companies Scrambling to Gain Cloud Market Share
Wednesday, April 3, 2013 - 8:27am | 534Monday’s announcement by Amazon (NASDAQ: AMZN) that its Cloud Drive desktop app now syncs files across various devices puts the company on par with cloud competitors like Dropbox and others that have long offered that capability. Amazon, which offers 5GB of free storage with a basic account, is...
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Samsung is Launching an Assault on the Enterprise Mobile Market
Thursday, February 28, 2013 - 9:40am | 496Samsung just announced a new feature that might put the lights out on BlackBerry (NASDAQ: BBRY) and give Apple (NASDAQ: AAPL) a run for its money. Business Insider reported that earlier this week Samsung announced its latest technology - Samsung Knox. Knox is a new feature that lets you divide...
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Barron's Recap (2/9/12): Best Fund Families
Saturday, February 9, 2013 - 4:05pm | 917This weekend in Barron's online: the annual Barron's/Lipper Fund Family Ranking, why the Dell buyout deal may unravel, and the prospects for CSX, Hospira, and Wendy's. Cover Story "All in the Family" by Lawrence C. Strauss. It is time again for the Barron's/Lipper Fund Family Ranking, and the...
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Six Stocks Insiders Are Buying
Thursday, January 12, 2012 - 7:49am | 1020Insiders may sell shares for any number of reasons, but there is really only one reason insiders buy shares of a company -- they believe the stock price will move higher and they want to profit from it. Pullbacks and sell-offs provide a perfect opportunity for investors who have faith in a company...
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Bank of America Merrill Lynch Maintains Buy on VMware
Friday, July 15, 2011 - 8:10am | 144Bank of America Merrill Lynch is out with its report today on VMware (NYSE: VMW), maintaining Buy. In a note to clients, Bank of America Merrill Lynch writes, "VMware has emerged as a virtualization platform with vSphere serving as a new software platform, enabling customers to perform sys mgt...