-
CBS and Netflix Announce International Licensing Agreement for Canadian and Latin American Subscribers
Wednesday, July 27, 2011 - 9:54am | 132CBS Corporation (NYSE: CBS.A and CBS) and Netflix, Inc. (Nasdaq: NFLX) today announced a two-year, non-exclusive international licensing agreement that will enable certain television shows from across CBS Corporation to be streamed instantly to Netflix subscribers in Canada and Latin America. The...
-
J.P. Morgan Reiterates PT And Rating Of Amazon.com
Wednesday, July 27, 2011 - 9:20am | 47According to J.P. Morgan, Amazon.com (NASDAQ: AMZN), PT and rating are reiterated. J.P. Morgan announced that the PT of Amazon.com is reiterated at $251 and the rating is maintained as Overweight. Amazon.com closed yesterday for $214.18.
-
UPDATE: Credit Suisse Raising Price Target On Amazon
Wednesday, July 27, 2011 - 9:13am | 109Credit Suisse is out with a research report on Amazon.com (NASDAQ: AMZN) and is raising its price target to $210 from $180, and it has a Neutral rating on shares after it reported earnings. In a note to clients, Credit Suisse writes, "AMZN reported strong 2Q11 revenues of $9.9b, up 51% y/y (+44% x...
-
CBS and Netflix Announce International Licensing Agreement for Canadian and Latin American Subscribers
Wednesday, July 27, 2011 - 9:03am | 75CBS Corporation (NYSE: CBS) and Netflix (Nasdaq: NFLX) today announced a two-year, non-exclusive international licensing agreement that will enable certain television shows from across CBS Corporation to be streamed instantly to Netflix subscribers in Canada and Latin America. The agreement...
-
Oppenheimer Price Target and Rating Updates 7/27/11
Wednesday, July 27, 2011 - 8:41am | 287Oppenheimer made a number of price target and rating updates in a research report published today. Amazon (NASDAQ: AMZN) had its rating reiterated at Outperform. At the same time, its price target was raised from $220 to $250. On Tuesday, AMZN closed the day at $214.18. Its shares added 5.66% to...
-
Collins Stewart Reports Strong Revenues For Amazon
Wednesday, July 27, 2011 - 8:15am | 119According to Collins Stewart, Amazon.com (NASDAQ: AMZN) reported a strong top-line quarter with revenues of $9.91B, up 51% Y/Y, 6% higher than consensus on accelerating ebook sales, across-the-board strength, Japan recovery and FX benefit. Collins Stewart said that even on an FX-neutral basis,...
-
News Summary for July 27, 2011
Wednesday, July 27, 2011 - 7:55am | 531This is your Benzinga news summary and traders' outlook for Wednesday, July 27, 2011, covering headlines from overnight and Wednesday's pre-market session. Today in domestic pre-market trading, U.S. equity futures are trading flat after mixed guidance this morning from some notable companies. The...
-
Benzinga's Top Pre-Market Gainers
Wednesday, July 27, 2011 - 7:45am | 103Amazon.com Inc (NASDAQ: AMZN) rose 6.92% to $229.00 in the pre-market session. Amazon reported upbeat quarterly results. Edwards Lifesciences Corporation (NYSE: EW) added 6.58% to $78.85 in the pre-market session. EW reported an 18 percent rise in its Q2 revenue. Electronic Arts Inc (NASDAQ: ERTS...
-
UPDATE: Deutsche Bank Raises PT on Amazon.com to $246
Wednesday, July 27, 2011 - 7:41am | 121Deutsche Bank is out with its report today on Amazon.com (NASDAQ: AMZN), raising its PT from $214 to $246. In a note to clients, Deutsche Bank writes, "We reiterate our BUY investment rating on shares of Amazon.com and raise our PT from $214 to $246. In our view, Amazon has amassed marketplaces of...
-
UPDATE: Bank of America Raising Price Target On Amazon
Wednesday, July 27, 2011 - 7:38am | 150Bank of America Merrill Lynch is out with a research report on Amazon.com (NASDAQ: AMZN) after it reported earnings. It has a Buy rating and is raising its price target to $255. In a note to clients, Bank of America Merrill Lynch writes, "Despite a depressed margin profile which will raise...
-
Oppenheimer Reiterates Outperform on Amazon, Raises PT to $250
Wednesday, July 27, 2011 - 7:34am | 59Oppenheimer reiterated its Outperform rating on Amazon (NASDAQ: AMZN). At the same time, the rating agency raised its price target on the company's stock from $220 to $250. On Tuesday, AMZN added 0.32% to its value to end the day at $214.18. Its shares continued to climb in today's pre-market...
-
A Peek Into The Market Before The Trading Starts
Wednesday, July 27, 2011 - 7:25am | 377Pre-open movers US stock futures are flat this morning. Shares of Amazon.com Inc (NASDAQ: AMZN) surged about 6.4% in pre-market trading after the company reported upbeat quarterly results. Futures for the Dow Jones Industrial Average gained 1 point to 12,433.00 and S&P 500 index futures fell 1....
-
Jefferies Raises PT On Amazon.com To $250
Wednesday, July 27, 2011 - 7:12am | 27Jefferies & Company has raised the price target on Amazon.com (NASDAQ: AMZN) from $205 to $250 and maintains its Buy rating.
-
Benchmark Reiterates Bold on Expedia, Raises PT to $34
Wednesday, July 27, 2011 - 7:11am | 59Benchmark reiterated its Hold rating on Expedia (NASDAQ: EXPE). At the same time, the rating agency raised its price target on the company's stock from $26 to $34. On Tuesday, EXPE added 1.39% to its value to end the day at $30.59. Its shares continued to climb in today's pre-market trading, rising...
-
Benchmark Reiterates Buy on Amazon, Raises PT to $256
Wednesday, July 27, 2011 - 7:07am | 56Benchmark reiterated its Buy rating on Amazon (NASDAQ: AMZN). At the same time, the rating agency raised its price target on the company's stock to $256. On Tuesday, AMZN added 0.32% to its value to finish the day at $214.18. Its shares continued to climb in today's pre-market trading, rising 5.75...