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Palm stock

Article
by Derek Kessler
Apr 29, 2010
HP’s offer for Palm was for $5.70 a share, a hefty premium over yesterday’s closing price of $4.63. Understandably, when the news of HP’s purchase broke, both the volume and price of Palm’s stock...
Article
by Derek Kessler
Apr 14, 2010
Palm announced today that hedge fund Harbinger Capital has purchased a 9.48% “passive stake” in the company. The purchase of 16 million shares, completed on April 12, equates to an investment of...
Article
by Derek Kessler
Feb 25, 2010
If there’s a lesson to be learned here, it’s don’t mess with the investors. They are sharks, and if they smell blood in the water, look out. Today that’s a lesson Palm learned, revising down...
Article
by Derek Kessler
Feb 23, 2010
Today both Vivek Arya of Merrill Lynch and Phil Cusick of Macquarie Research downgraded their analytic opinions of Palm, with Arya moving Palm into the sell column, while Cusick took a more...
Article
by Derek Kessler
Feb 23, 2010
It wasn’t that long ago that Merrill Lynch analyst Vivek Arya was all gung-ho about Palm, placing the stock in the buy column with a $20 price target. But Arya’s optimism seems to have faded, and...