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Amazon At All Time Highs (AMZN)
Friday, October 22, 2010 - 10:14am | 49Shares of Amazon.com (NASDAQ: AMZN) are at all time highs this morning, one day after the company reported earnings that beat Wall Street estimates. Shares touched the $166.48 level this morning in early trade, before backing off to trade down slightly.
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Company News for October 22, 2010 - Corporate Summary
Friday, October 22, 2010 - 10:00am | 644• American Express (NYSE: AXP) posted after-the-close interims of $0.90 for the third quarter, a 5 cents, on a 16.9% revenue jump to $7 billion, above Zacks estimates of $6.8 billion • Baidu.com (NASDAQ: BIDU) reported third quarter earnings of $0.46, a 4-cent beat on revenues of $337.2 million...
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Amazon.com 3Q10 Revenue Is Better Than Expected, Benchmark Reports
Friday, October 22, 2010 - 9:37am | 152Amazon.com, Inc. (NASDAQ: AMZN) reported better-than-expected 3Q10 revenue of $7.6 billion, up 39% y/y, and issued similarly impressive 4Q10 revenue guidance of 26-40% y/y growth, Benchmark reports. “However, higher costs and increased internal investment caused 3Q10 operating income margins to...
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Netflix (NASDAQ:NFLX): A Lesson in Option Strike Structure
Friday, October 22, 2010 - 9:25am | 1786Netflix (NASDAQ:NFLX) reported earnings Wednesday night that were viewed favorably by the Street overall. The stock was up 13% on Thursday to $173. Obviously, traders who were long NFLX stock or long a lot of deltas through a combination of long calls and/or short puts fared well in their...
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Amazon Coming Back Strong, Couple Of ETFs To Think About (AMZN, RTH, HHH)
Friday, October 22, 2010 - 9:00am | 254Amazon.com (NASDAQ: AMZN) reported earnings after the bell yesterday that beat Wall Street estimates, but the stock was punished in after hours, losing nearly $7. Well Amazon is coming back in a major way this morning, now down only 47 cents from yesterday's close, and I would not be surprised to...
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The Daily Long and Short Setup
Friday, October 22, 2010 - 8:45am | 79Futures are continuing to improve heading into the open. Amazon.com (AMZN) has bounced incredibly well as it could now potentially open with a profit in hand. LONG: SPDR Gold Trust (GLD) Read more...
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Benzinga's Top Pre-Market NASDAQ Losers (CRUS, CTXS, AMZN, BUCY)
Friday, October 22, 2010 - 8:42am | 121Cirrus Logic Inc (NASDAQ: CRUS) dipped 6.17% to $12.92 in the pre-market session. CRUS reported weaker-than-expected Q2 results and issued Q3 revenue projections below analysts' estimates. Citrix Systems Inc (NASDAQ: CTXS) lost 4.14% to $56 in the pre-market session. CTXS posted upbeat Q3 results....
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Amazon Growth to Continue - Analyst Blog
Friday, October 22, 2010 - 8:03am | 1153Amazon.com's (AMZN) third quarter earnings (including an $18 million gain from non-operating investment activity) beat the Zacks Consensus Estimate by 3 cents, or 6.3%. However, excluding this gain, results would have fallen a penny short. Revenue clearly did not disappoint, beating the...
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Amazon Growth to Continue - Analyst Blog
Friday, October 22, 2010 - 8:03am | 1153Amazon.com's (AMZN) third quarter earnings (including an $18 million gain from non-operating investment activity) beat the Zacks Consensus Estimate by 3 cents, or 6.3%. However, excluding this gain, results would have fallen a penny short. Revenue clearly did not disappoint, beating the...
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A Peek Into The Market Before The Trading Starts
Friday, October 22, 2010 - 7:37am | 449Pre-open movers US stock futures were mixed, as investors are looking for a weekend G-20 nations meeting of finance ministers in South Korea. Futures on the Dow Jones Industrial Average dropped 9 points to 11,074, while S&P 500 futures rose 0.60 points to 1,176.30. Nasdaq 100 futures gained 0....
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Oppenheimer Raising Target On Amazon (AMZN)
Friday, October 22, 2010 - 6:58am | 130Oppenheimer & Co. raised its price target on Amazon.com (NASDAQ: AMZN) to $186 from $162 after the internet retailer reported earnings yesterday. It has an Outperform rating on shares. In a research note Oppenheimer writes, "Following the 3Q earnings release, we're updating our model and...
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Top 4 Stocks In The Catalog & Mail Order Houses Industry With The Highest Cash (AMZN, EBAY, IACI, LINTA)
Friday, October 22, 2010 - 6:05am | 141Below are the top catalog & mail order house stocks on the NYSE and the NASDAQ in terms of cash. Amazon.com Inc (NASDAQ: AMZN) had $5.11 billion in total cash and $132.00 million in total debt for the latest quarter. eBay Inc (NASDAQ: EBAY) had $4.90 billion in total cash and no debt for the...
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Trading Plan for October 22, 2010
Friday, October 22, 2010 - 5:40am | 488Current Long Positions (stop-losses in parentheses): TICC (9.62), DTV (42.34), EOG (97.52), ESRX (46.42), AAPL (305.59), SHLD (72.95) Current Short Positions (stop-losses in parentheses): SDS (28.55) BIAS: 56% Long Economic Reports Due Out (Times are EST): No reports scheduled. My Observations and...
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Stocks To Watch For October 22 (AMZN, HON, AXP, SNDK, BIDU)
Friday, October 22, 2010 - 5:10am | 248Some of the stocks that may grab the investor focus today are: Amazon.com Inc (NASDAQ: AMZN) posted its Q3 net income at $0.51 per share, up from $0.45 per share, in the year-ago period. The company's revenue surged 39% y/y to $7.56 billion. AMZN shares lost 3.86% to $158.60 in after-hours trading...
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PetMed Express (PETS) - Bear of the Day
Friday, October 22, 2010 - 3:57am | 170PetMed Express (PETS) reported another disappointing quarter with EPS of $0.22, way below the Zacks Consensus Estimate of $0.26 and the year-ago quarter's $0.28. Revenues continued to slide with decline in new order sales and fewer new customers. Moreover, both gross and operating margins declined...