| Today |
| 09:10 PM |
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Windfall for 3PAR's insiders, early investors
SEATTLE, Sept 2 (Reuters) - Hewlett-Packard Co's
deal to buy 3PAR Inc for an eye-popping $2.4 billion in
cash means a massive windfall for insiders and investors in the
specialist data storage firm after a decade of toiling away in
the obscure backwaters of Silicon Valley.
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Reuters: Market News
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| 08:57 PM |
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3Par bid war boosts Brocade speculation
The bidding war for 3Par Inc. may be over but it appears to be lifting the values of other companies in the data storage business that are rumored takeover targets including Brocade Communications Systems Inc. (DELL) (PAR) (BRCD) (CML) (CVLT) (ISLN) (EMC) (NTAP) 
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National Business Ne...
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| 06:38 PM |
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Stocks Advanced as Economic Fears Eased. Dow Leaders: AA, HD, BA, CSCO, and DIS
New York, September 2nd (TradersHuddle.com) – Stocks gained after a surprise jump in pending home sales, a drop in weekly jobless claims, and largely better than expected back to school sales tempered economic slowdown concerns, ahead of tomorrow’s key August jobs report.
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TradersHuddle.com
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| 06:16 PM |
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Wall Street Gains On Upbeat Data, Alcoa (NYSE: AA) Soars
US stocks climbed on Thursday as an unexpected jump in pending home sales lifted sentiment ahead of Friday's crucial non-farm payrolls data. [More...]
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home: iStockAnalyst....
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| 05:57 PM |
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FCC to finalize rules on 'white spaces' Web use
SAN FRANCISCO (MarketWatch) - The U.S. Federal Communications Commission said Thursday it plans to finalize rules for the use of wireless Internet devices on unused TV airwaves, an initiative touted by Google Inc., Microsoft Corp. and other technology companies.
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MarketWatch
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| 05:55 PM |
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Hewlett-Packard confirms definite agreement to acquire 3Par
See the rest of the story here.
Theflyonthewall.com is Wall Street's specialist in breaking equity news. Veteran traders build a proprietary feed of news that's faster and more relevant than any other source. Try us for free and discover for yourself.
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theflyonthewall.com
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| 05:49 PM |
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Acer Falls, Dell Reclaims Second Place in PCs
According to research firm iSuppli, Dell is no longer looking up at Acer in the global PC market.
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IBTimes.com : IBTime...
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| 05:15 PM |
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Closing Wrap-Up, September 2
Gains continue Thursday on hopes of a better than expected payroll number Friday.
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Optionetics
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| 05:10 PM |
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US SMALL/MIDCAPS-Stocks gain on data; consumer sector leads
NEW YORK, Sept 2 (Reuters) - Mid- and small-cap stocks rose
more than 1 percent on Thursday after housing and jobs data
revived hopes hopes that the economy may not be in such a weak
state.
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Reuters: Market News
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| 04:34 PM |
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Stocks Climb With Indications the Bottom Isn't Falling Out
Brooks McFeely submits:4:20 PM, Sep 2, 2010 -- - NYSE up 26.07 (0.38%) to 6,937.05
- DJIA up 6.13 (0.06%) to 10,275.60
- S&P 500 up 5.09 (0.47%) to 1,085.38
- Nasdaq up 13.75 (0.63%) to 2,190.59
GLOBAL SENTIMENT Complete Story »
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Seeking Alpha
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| 04:28 PM |
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Closing Update: Stocks Higher, Including Third Straight Gain For S&P
Stock averages end near the day's highs ahead of Friday's much-anticipated August jobs report. Additional signs in data out Thursday that the bottom isn't falling out of the recovery allowed for a second day of stock gains after a weak August performance. The S&P 500 gained for a third straight day. [More...]
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home: iStockAnalyst....
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| 03:01 PM |
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Hewlett-Packard (HPQ) Still #1 in Worldwide PC Shipments, But Dell (DELL) Takes #2 Spot - iSuppli
Visit StreetInsider.com at http://www.streetinsider.com/news.php?st=p&id=5943068 for the full story.
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StreetInsider
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| 03:00 PM |
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Notable 52-Week High's and Low's of the Day 09/02: PAR, AKAM, SPRD, MRX High; HERO, PSS Low
Visit StreetInsider.com at http://www.streetinsider.com/news.php?st=p&id=5943055 for the full story.
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StreetInsider
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| 02:56 PM |
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HP Will Pay $2.4 Billion for 3PAR
UPDATED: For months at length, Fremont, Calif.-based storage company, 3PAR could barely get above $10 a share. And then a couple of weeks ago, Dell changed that with a $18 a share offer to buy the company. Now, HP is offering $33 a share. 
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GigaOM
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| 02:24 PM |
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With 3Par lost, who else might Dell buy?
Dell Inc. may have folded in the billion-dollar poker game over 3Par Inc., but the company still has several cards to play as it tries to boost its position in the data storage arena.
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MarketWatch
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| 01:35 PM |
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Merger Mania Took Place In 2006 And 2007 And Look What Happened
In 2006 and 2007 the stock market saw a lot of merger and acquisition activity. In fact, that was the catalyst for the stock market advance throughout 2006 and it helped support and recover the markets three times in 2007 despite the brewing mortgage crisis. Here we go again in 2010 as the merger and acquisition activity heats up. Hewlett Packard Co (NYSE: HPQ) just won a bidding war for 3 PAR Inc (NYSE: PAR) over Dell Inc (NASDAQ: DELL) today. It is important to realize that Dell Inc started the bidding at $16.00 when the 3 PAR Inc stock was trading under $10.00 a share. Hewlett Packard Inc is now paying $33.00 a share for the stock. That is move of more than two hundred percent in 3PAR stock since August 16th, 2010.
What happens once the takeover mania slows down or even stops? Buyouts were common before the 2007 top and the market still declined. This current situation of merger mania is not any different. Simply put when the stock market struggles at a time when the Federal Reserve Bank has the Fed funds rate at zero percent since December 2008 there are bigger problems on the horizon. We all know about the problems on the surface with the economy such as high unemployment, continued foreclosures, and massive government debt just to name a few. What happens when we face the next big surprise?
It is important to not get caught up in the merger and acquisition mania as many traders and investors did back in 2006 and 2007. Really nothing has changed for the better since that time and until it does this is just short term noise and nothing more. When you think about it mergers and acquisitions are actually negative in the long run as companies will consolidate and decrease the work force which will just add to the employment problem in the United States.
Nicholas Santiago
Chief Market Strategist
www.InTheMoneyStocks.com
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Benzinga - The Tradi...
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| 01:23 PM |
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Dell likely to refocus on other M&A targets, says Needham
See the rest of the story here.
Theflyonthewall.com is Wall Street's specialist in breaking equity news. Veteran traders build a proprietary feed of news that's faster and more relevant than any other source. Try us for free and discover for yourself.
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theflyonthewall.com
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| 01:13 PM |
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Taking Advantage of the M&A Frenzy
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Seeking Alpha
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| 01:08 PM |
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DEALTALK-Time to put money into the ATM?
BANGALORE, Sept 2 (Reuters) - A $15 billion private equity
bid for payments processor Fidelity National Information
may have come unstuck in May, but it did enough to whet
the appetite for other potential deals in a financial
technology industry slowly emerging from its worst-ever crisis.
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Reuters: Market News
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| 01:04 PM |
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Stocks are Higher on Improved Jobs and Housing Data
New York, September 2nd (TradersHuddle.com) – Stocks are posting modest gains after economic data tempered economic slowdown concerns, ahead of the key jobs report schedule to be release tomorrow.
The Labor Department reported that init. Read More --
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TradersHuddle.com
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More All For DELL
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