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New York Times: Lazard Part of the 'Big Boys Camp'
Friday, February 7, 2014 - 12:26pm | 284Lazard (NYSE: LAZ) is a New York City-based boutique broker dealer that provides research, sales & trading and underwriting. According to the New York Times, the company should be considered part of Wall Street's “big boys' camp.” On Wednesday, Lazard reported its fourth quarter results. The...
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Apple's New Hires Would Make the iWatch Revolutionary
Friday, January 24, 2014 - 12:41pm | 542For a device that doesn’t actually exist—yet—this thing is looking to be a game changer if even half of the rumors are true. It doesn’t take long to find somebody’s concept design online and, although they have no affiliation with Apple (NASDAQ: AAPL), the drawings are pretty incredible. (Not...
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Dell Rumored To Lay Off Up To 9,000 Employees Worldwide
Friday, January 10, 2014 - 11:35am | 600If you work in sales and marketing for Dell (NASDAQ: DELL) in Europe, the Middle East or Africa, look at the employee to your left and to your right. One of you is about to be laid off. At least that’s what sources told the U.K.’s The Register. According to the sources, Dell planned to cut 30...
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Cyber Monday's Hottest Tech Deals: iPod Touch, PlayStation 4 Bundle, Samsung TV And More
Saturday, November 30, 2013 - 10:17am | 601Cyber Monday officially kicks off at 12:01 a.m. Monday, December 2. While most Americans will use that time to sleep off their turkey coma (an inevitable side-effect of overeating all weekend), some will stay up until the wee hours of the morning, searching for deals. What will these brave...
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Best Buy's Best 2013 Black Friday Tech Deals
Thursday, November 28, 2013 - 12:50pm | 593The country's largest electronics retailer is gearing up three waves of sales on Black Friday. Designed to keep customers coming back to Best Buy (NYSE: BBY), the company's first Black Friday sale begins at 6:00 p.m. on Thursday, November 28. For those who plan to camp out, the retailer said...
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Dell's Road To Becoming A Private Company With Michael Dell
Wednesday, November 20, 2013 - 12:08pm | 402Michael Dell, founder, chairman and CEO of computer giant Dell, appeared on CNBC's Squawk Box Wednesday morning to talk through Dell's private company status, while offering answers on whether or not shareholder Carl Icahn was truly invested in the company for the long-term. “They were just...
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Carl Icahn: Markets Could Suffer Huge Drop
Tuesday, November 19, 2013 - 9:37am | 467You don’t have to like him but you have to respect his results and that’s why markets fell Monday when Carl Icahn spoke at the Reuters Global Investment Outlook Summit. "I am very cautious on equities today. This market could easily have a big drop," Icahn said. What was a flat market was...
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Coach, Dell And Others Insiders Have Been Buying (COH, DELL, FCX, SYMC)
Wednesday, October 30, 2013 - 3:04pm | 786Insiders may sell shares for any number of reasons, but conventional wisdom says that insiders really only buy shares of a company for one reason -- they believe the stock price will rise and they want to profit from it. Pullbacks and sell-offs provide a perfect opportunity for investors who have...
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Apple Takes 94 Percent Share In Education Tablet Market
Tuesday, October 29, 2013 - 9:39am | 601It’s not exactly the sexy side of Apple (NASDAQ: AAPL). The company isn’t creating special media events complete with presentations fit for a Broadway stage around this side of the business, but that doesn’t mean it’s the ugly stepchild of the company. It’s a large part of the Apple profit...
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New Data Show Tablets and E-Readers Exploding in Popularity
Tuesday, October 22, 2013 - 9:07am | 549It’s Tuesday—the day when Apple (NASDAQ: AAPL) is expected to announce its refreshed line of iPads including the fifth generation iPad and the second generation iPad mini. Most will credit Apple with starting the tablet craze and new numbers released by Pew Research Center show just how...
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Conflicting PC Numbers Still Show a Market in Decline
Thursday, October 10, 2013 - 7:58am | 512The latest PC numbers are out but they’re about as clear as mud. Two separate reports show different results but the one fact they do agree on is that the market is still in decline. First, IDC reported worldwide PC shipments of 81.6 million units—better than expected, according to the report....
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Keeping an Eye on the Four 'New' Horsemen of Tech
Wednesday, October 9, 2013 - 1:15pm | 611According to Forbes, analyst Jonathan Krinsky of Miller Tabak recently drew an interesting parallel between four contemporary tech stocks – Facebook (NASDAQ: FB), LinkedIn (NYSE: LNKD), Netflix (NASDAQ: NFLX), and Tesla (NASDAQ: TSLA) – and the so-called “Four Horsemen” of the 1990s – Cisco (...
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Carl Icahn's Top Six Positions
Wednesday, October 2, 2013 - 7:05am | 711Tuesday, Carl Icahn made news when he tweeted that he had dinner with Apple (NASDAQ: AAPL) CEO Tim Cook to discuss increasing its share buyback. Icahn revealed his long position in Apple on August 13 and according to his CNBC interview Tuesday, Icahn now owns about $2 billion worth of Apple...
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Microsoft's Surface 2 May Be Hurt By Late Arrival, High Prices And Weak Ecosystem
Monday, September 30, 2013 - 10:43am | 496Is Microsoft (NASDAQ: MSFT) being hurt by its late arrival to the tablet market? In the months and years after Apple (NASDAQ: AAPL) released the iPad in April 2010, dozens of companies entered the fray. Hewlett-Packard (NYSE: HPQ), Dell (NASDAQ: DELL), Barnes & Noble (NYSE: BKS) and Toshiba (...
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Oracle Earnings Preview: Modest Revenue and EPS Growth Expected (ORCL)
Tuesday, September 17, 2013 - 3:56pm | 768Oracle (NASDAQ: ORCL), which holds its 2013 OpenWorld conference in San Francisco next week, is scheduled to report its fiscal first-quarter results Wednesday, September 18, after the markets close. Investors will be looking for some good news after two consecutive quarters of lackluster sales,...