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Cleveland Research Just Cut Apple iPhone And Watch Expectations
Tuesday, June 9, 2015 - 12:55pm | 421Cleveland Research analyst Ben Bollin seems to be one of the few people not excited a day after Apple Inc. (NASDAQ: AAPL)'s WWDC. In a note published Tuesday, Bollin reiterated a Neutral rating on the Cupertino-based tech giant. Bad Signs For iPhone In particular, he said suppliers are...
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Apple's Spotify Competitor: What The Blogosphere Is Saying
Tuesday, June 2, 2015 - 5:19pm | 808Apple Inc. (NASDAQ: AAPL) is expected to unveil its brand new music streaming platform to the world next Monday at its Worldwide Developers Conference. Apple's iTunes service accounts for about 80 to 85 percent of global music downloads, but downloading music is getting less and less...
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Ever Wanted To Replicate A Hedge Fund? HedgeCoVest Explains How
Wednesday, March 4, 2015 - 12:33pm | 925Who will be the next Apple? What company with what disruptive idea will turn the world of technology upside down? In this series, Benzinga interviewed CEOs of several technology startups that are making waves today in hopes of making a difference tomorrow. One of the problems with defining a...
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#PreMarket Primer: Wednesday, December 17: Sony Pictures Hackers Threaten Violence
Wednesday, December 17, 2014 - 9:34am | 1205Sony's (NYSE: SNE) latest movie “The Interview” is said to be the reason for the recent hacking attack against the company, but a new threat of violence claiming to be from the same group has many worried about the movie's December 25 premier. The threat asked that the...
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#PreMarket Primer: Tuesday, December 16: Industrial Activity In China Adds To Growing Concern About A Slowdown
Tuesday, December 16, 2014 - 9:27am | 1080China’s factory sector disappointed on Tuesday, declining for the first time in seven months. The nation’s HSBC/Markit manufacturing purchasing managers’ index dropped below the 50 mark, which separates expansion and contraction to 49.5 in December. Most had expected the figure...
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#PreMarket Primer: Tuesday, December 9: Crude Prices May Not Have Bottomed Out Yet
Tuesday, December 9, 2014 - 8:32am | 1165Brent crude oil fell to a five-year low below $66 on Monday as the global supply glut continued to grow. The commodity has been volatile since OPEC decided against a supply cut, and most firms have cut their forecasts for crude prices next year, saying we may see oil below $70 for an extended...
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How These 4 Tech Giants Are Resolving Their China Challenges
Monday, December 8, 2014 - 6:18pm | 972Any company doing business in mainland China faces challenges. Such challenges include, according to the Global Association of Risk Professionals: relationship building, the role of respect, widespread tax evasion, weak internal controls and use of third-party agents. Here are four major...
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#PreMarket Primer: Wednesday, November 12: Banks Fined More Than $3 Billion For Role In Forex Manipulation
Wednesday, November 12, 2014 - 8:44am | 1477On Wednesday, a Federal probe into the role big banks played in a forex manipulation scheme resulted in huge fines for UBS AG (NYSE: UBS), HSBC Holdings plc (NYSE: HSBC), the Royal Bank of Scotland Group PLC (NYSE: RBS), JPMorgan Chase & Co. (NYSE: JPM) and Citigroup Inc (NYSE: C). The...
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#PreMarket Primer: Tuesday, November 11: China Announces Plans To Open Investment To Foreigners
Tuesday, November 11, 2014 - 7:50am | 1345On Monday, Chinese officials detailed their plans to open the nation’s stock markets to international investors, giving Asian stocks a lift and investors a new pool of companies to examine. On November 17, investors will have the opportunity to invest in $2 trillion worth of companies via...
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#PreMarket Primer: Friday, October 31: BOJ Spooked By Lackluster Growth And Inflation
Friday, October 31, 2014 - 8:15am | 1422On Friday, the Bank of Japan surprised investors by announcing a new round of stimulus in an effort to kickstart the nation’s flagging growth and combat weak inflation. After a hefty sales tax increase in April, the nation’s economy has struggled to get back on track, and the...
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#PreMarket Primer: Tuesday, October 28: CDC Warns That Involuntary Quarantines Could Discourage Progress On Ebola
Tuesday, October 28, 2014 - 8:00am | 1400After both New York and New Jersey issued mandatory isolation procedures for anyone traveling into the U.S. that has been in contact with Ebola patients, the Centers for Disease Control and Prevention, together with the Obama administration, has released its own, less stringent recommendation....
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A Brewing Battle: Apple Pay Vs. MCX CurrentC
Monday, October 27, 2014 - 2:41pm | 669News broke over the weekend that Rite Aid Corporation (NYSE: RAD) and CVS Corporation (NYSE: CVS) had disabled Apple Inc.’s (NASDAQ: AAPL) Apple Pay mobile wallet payment system in their stores. The story behind the story told of a mobile payment battle involving Apple, a number of...
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#PreMarket Primer: Wednesday, October 22: Johnson & Johnson Develops Ebola Vaccine
Wednesday, October 22, 2014 - 8:13am | 1315Johnson & Johnson (NYSE: JNJ) has developed a vaccine to fight Ebola and will begin testing the drug on humans in January. If the vaccine is deemed safe by health authorities, the company could make 250,000 doses available by May. The vaccine will be the world’s first and is...
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#PreMarket Primer: Tuesday, October 21: China's Third Quarter Growth Disappoints
Tuesday, October 21, 2014 - 7:45am | 1371Data out on Tuesday showed that the Chinese economy grew just 7.3 percent in the third quarter, a sizable drop from the nation’s second quarter growth of 7.5 percent. The figure beat expectations, but still marks China’s slowest quarter of growth since the financial crisis and is...
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FireEye Inc Shares Pop On News Of Apple Inc. Platform Protection
Tuesday, October 7, 2014 - 11:21am | 197FireEye Inc (NASDAQ: FEYE) announced targeted attack protection for the Apple Inc. (NASDAQ: AAPL) Platform on Tuesday. According to the company’s press release, “FireEye will support Apple’s Mac OS X operating system for network protection, iOS for mobile protection to...