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04/28/2010 - 19:54  Traders who want to profit from the controversy and uncertainty surrounding Goldman Sachs (NYSE: GS) find themselves in a very tricky position. In fact, the least painful strategy with regard to this name may be to just ignore it. This may not be possible, however, because whether you are a bull or a bear on the stock, opportunity seemingly beckons.
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04/29/2010 - 10:12  Melissa Davis runs the corporate watchdog site thestreetsweeper.org. She was nice enough to grant Benzinga.com an exclusive interview. Her site is focused primarily on the risks involved in micro-cap and small-cap stock investing. She previously spent 7 years working for the TheStreet.com as an investigative reporter.
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04/29/2010 - 13:58 Apple's (NASDAQ: AAPL) Steve Jobs has posted a scathing letter in which he has criticized the Flash technology by Adobe (NASDAQ: ADBE).
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04/29/2010 - 13:12  Dendreon Corp (NASDAQ: DNDN) shares have spiraled high just before trade was halted at 12:34 pm EST. The stock made a jump on a Fox Business report of the FDA approving Dendreon’s PROVENGE as a late-stage treatment for prostate cancer. This approval was long awaited by shareholders, traders and people suffering from advanced prostate cancer.
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04/29/2010 - 12:16  Akamai Technologies (NASDAQ: AKAM) released their quarterly earnings numbers after the closing bell last night. The company reported earnings per share of $0.35 compared to analysts' estimates of $0.31. In the year ago period, AKAM reported EPS of $0.43. Year-over-year revenues increased by 14.1%.
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04/29/2010 - 11:47  Although most observers believe that Goldman Sachs (NYSE: GS) will eventually settle the civil fraud charges that the SEC has brought against the firm, published reports that the firm is currently negotiating a settlement are not true.
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04/29/2010 - 11:36 Abbott Laboratories (NYSE: ABT) has not been getting much love from traders over the last six months, but as you know, things always change.
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04/29/2010 - 12:56  Short interest now represents almost 13% of the home builder's available float. Homebuilders made headlines late last week, thanks to news that existing home sales increased by 6.8% last month. In addition, the Commerce Department reported that new home sales skyrocketed 27% in March, marking the largest percentage gain since April 1963.
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04/28/2010 - 16:16  Green Mountain Coffee Roasters (NASDAQ: GMCR) has released their quarterly earnings report. The company reported non-GAAP net income for their fiscal second quarter of $27.8 million, or $0.60 per share. This was a 114% increase year over year, from $13 million, or $0.33 per share in last year's quarter.
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04/28/2010 - 16:24  It would appear that the saga surrounding Palm, Inc. (NASDAQ: PALM) has been resolved. Hewlett-Packard (NYSE: HPQ) has announced that they have agreed to acquire the distressed smartphone maker for $1.2 billion, or $5.70 per PALM common share. H-P will pay cash in the deal.
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