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What's Hot on TheStreet
Tuesday, November 9, 2010 - 2:10pm | 358Here's what Benzinga's reading on our friend, TheStreet.com. What's Hot On TheStreet 5 Top Tech Policy Issues The dust has barely settled on last week's midterm elections but already, industry observers are weighing the implications for the tech sector. From service providers such as ComCast (...
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Nasdaq 100 Nearing 2007 Levels
Tuesday, November 9, 2010 - 1:51pm | 161The PowerShares QQQ Trust, Series 1 (ETF) (NASDAQ: QQQQ) has soared over 25% in the last ten weeks. In that time, stocks like Apple Inc. (NASDAQ: AAPL), Amazon.com, Inc. (NASDAQ: AMZN) and Baidu.com, Inc. (ADR) (NASDAQ: BIDU) have hit all time highs day after day. As this index continues to move...
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Afternoon Market Update (LDK, JBLU, UAL, DAL, LCC, PCLN)
Tuesday, November 9, 2010 - 1:02pm | 181Shares of LDK Solar Co (NYSE: LDK) surged about 7.2% after the company reported three-fold y/y rise in its Q3 earnings. The company projects its Q4 revenue between $710 million and $750 million. However, analysts estimated revenue of $579.4 million for the same period. US Airline stocks moved down...
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Top Narrow Based Indexes For November 9 (MRGE, DROOY, PCLN)
Tuesday, November 9, 2010 - 12:16pm | 186By 11:11 am, the Dow Jones Industrial Average was down 22.63 points, or 0.20%, to 11,384.21, while the broader Standard & Poor's 500 index had lost 1.26 points, or 0.10%. The NASDAQ composite index rose 0.29 point, or 0.01%. Some of the narrow based indexes supporting the markets are Radiology...
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$**t My Stock Says (PCLN)
Tuesday, November 9, 2010 - 10:44am | 120William Shatner, star of "$**t My Dad Says!" is sitting pretty this morning, as the star of the priceline.com (NASDAQ: PCLN) ads. Priceline.com is up another 8% this morning after the company reported much better than expected earnings last night after the bell, and investors are continuing the...
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Company News for November 9, 2010 - Corporate Summary
Tuesday, November 9, 2010 - 10:33am | 785• Chevron (NYSE: CVX) announced plans to buy Atlas Energy (NASDAQ: ATLS) for $4.3 billion, or $43.35 per share • Bank of America (NYSE: BAC) and PNC (NYSE: PNC) sold $8.3 billion of BlackRock (NYSE: BLK) shares in a secondary offering priced at $163 per share, a 3.6% discount to BlackRock's close...
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3Q Results Boost Priceline Shares - Analyst Blog
Tuesday, November 9, 2010 - 10:03am | 1191Priceline.com Inc's (PCLN) third quarter earnings -- including stock based compensation and excluding other items -- missed the Zacks Consensus by 11 cents. However, excluding stock based compensation, earnings easily beat our expectations and management guidance. Priceline's estimates for the...
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Limelight Networks Skyrocketing On Rumors (LNW)
Tuesday, November 9, 2010 - 9:25am | 95Limelight Networks, Inc. (NASDAQ: LLNW) is up sharply in pre-market trading, more than 19% after rumors are abounding that the company has won the content delivery business from Netflix (NASDAQ: NFLX) away from Akamai Technologies, Inc. (NASDAQ: AKAM). At last check, shares of LLNW are up $1.25 to...
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Priceline.com 3Q10 Well Ahead Of Expectations, Benchmark Reports
Tuesday, November 9, 2010 - 8:45am | 88Priceline.com Inc. (NASDAQ: PCLN) reported 3Q10 results and 4Q10 guidance which were well ahead of expectations, Benchmark reports. 3Q10 gross bookings improved 47% y/y, driven by 67% y/y international bookings growth. “Net revenue was $1 billion, up 37% y/y, above the high-end of guidance and...
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Stocks To Watch For November 9 (TYC, PCLN, SRE, LDK, DF)
Tuesday, November 9, 2010 - 4:33am | 192Some of the stocks that may grab the investor focus today are: Wall Street expects Tyco International Ltd (NYSE: TYC) to report its FQ4 EPS at $0.66. TYC shares gained 0.23% to $39.20 in after-hours trading. Priceline.com Inc (NASDAQ: PCLN) reported its FQ3 income at $4.41 per share, down from $6....
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Short-Term Support in Greenback 11-08-2010
Monday, November 8, 2010 - 8:47pm | 858Cusick's Corner The market got a well deserved weekend after last week's unbelievable amount of data. The market now is digesting some new concerns about potential sovereign debt issues arising again in the EU. Yes, this is a broken record but it has bolstered some short-term support in the...
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U.S. Auto Parts Network, Inc. Reports Third Quarter EPS of $(0.43)
Monday, November 8, 2010 - 5:41pm | 222U.S. Auto Parts Network, Inc. (Nasdaq: PRTS) today reported net sales for the third quarter ended October 2, 2010 of $72.3 million compared with Q3 2009 net sales of $47.0 million. Excluding $13.6 million of revenues from the acquisition of J.C. Whitney, net sales were $58.7 million, an increase...
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Priceline.com Surging After Hours Following Q3 EPS (PCLN)
Monday, November 8, 2010 - 5:07pm | 53Shares of Priceline.com (NASDAQ: PCLN) are surging after hours following their Q3 EPS of EPS $5.33 vs. consensus $4.97. Revenue was $1.0B vs. consensus $973.63M est. Priceline shares closed down on the day 29c though after hours the stock touched the 420 level up around 7.5% or 26 points.
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Priceline.com Reports 3rd Quarter EPS of $5.33
Monday, November 8, 2010 - 5:03pm | 322Priceline.com Incorporated (Nasdaq: PCLN) today reported 3rd quarter 2010 financial results for the Priceline Group of Companies. Third quarter gross travel bookings for the Group, which refers to the total dollar value, generally inclusive of all taxes and fees, of all travel services purchased by...
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Digesting The Massive Gains
Monday, November 8, 2010 - 12:32pm | 191The markets are trading slightly lower today, digesting last weeks massive gains on the massive stimulus the Federal Reserve continues to inject. Manipulating asset prices seems to be the new way to cure the economy, at least we have to hope so since that is the direction the Federal Reserve is...