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Piper Jaffray Maintains Overweight Rating On Netflix (NFLX)
Friday, October 8, 2010 - 11:37am | 120Piper Jaffray is out with a research report on Netflix (NASDAQ: NFLX) today. The firm reiterated its Overweight rating on the stock and their $180.00 price target. During today's trading session, NFLX shares have fallen 1.03% to $149.87. The analysts wrote that "Q3 web traffic data from ComScore...
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How Long Will the Takeover Mania Last?
Friday, October 8, 2010 - 10:11am | 382Almost everyday in the past two months there has been at least one or two stocks a day that are rumored to be takeover candidates. Every since August 17th, 2010 when Potash Sask Inc.(NYSE: POT) received a takeover bid from BHP Billiton Ltd.(NYSE: BHP) for a huge premium the stock market has gone...
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Goldman Removes Amazon from Americas Conviction List
Friday, October 8, 2010 - 9:50am | 121Goldman Sachs removes Amazon (NASDAQ: AMZN) from the Americas Conviction List on share price outperformance, but retain our Buy rating and boost our DCF-driven 6-month price target to $195 from $150 given the favorable structural views on revenue growth and margin expansion. Goldman also sees...
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Ft. Lauderdale Car Rentals Not Available
Friday, October 8, 2010 - 1:00am | 77If you are looking to rent a car in Ft. Lauderdale this weekend, you are most likely out of luck. There are no rentals available on Priceline.com (Nasdaq: PCLN) Expedia (Nasdaq: EXPE) and other competitive sites. Ft. Lauderdale is known to be very busy during Christmas, but it seems this weekend...
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RBC Capital Markets Raise PT on (YUM, HELE, AMZN, FDO)
Thursday, October 7, 2010 - 10:43am | 93RBC Capital Markets has raised the price target on: YUM! Brands (NYSE: YUM) to $55 from $49; Outperform Helen of Troy (NASDAQ: HELE) to $27 from $28; Sector Perform Amazon.com (NASDAQ: AMZN) to $181 from $161; Outperform Family Dollar (NYSE: FDO) to $49 from $48; Sector Perform YUM is trading lower...
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Priceline Winning The Online Ad Game
Thursday, October 7, 2010 - 8:10am | 147Piper Jaffray performed a survey of paid search advertising placement for hotels on local search engines in 63 countries around the world, which showed that 82% of searches in developing countries had at least one advertisement for a Priceline (NASDAQ: PCLN) owned site. 62% of searches had at...
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Mad Money Lightning Round: Cramer Prefers Cisco Over EZchip Semiconductor (CSCO, EZCH, AKAM, LLNW, AMZN)
Thursday, October 7, 2010 - 5:34am | 148On CNBC's Mad Money, Jim Cramer said during the Lightning Round that he prefers Cisco Systems (NASDAQ: CSCO) over EZchip Semiconductor (NASDAQ: EZCH). He advises the investors to buy Cisco and added, “That stock is better, and it's also cheap." Cramer advises investors to wait for 2 days and then...
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BMC Acquires Software Unit - Analyst Blog
Wednesday, October 6, 2010 - 7:12pm | 1024Milan-based Neptuny Software is the leading provider of Information Technology (IT) Performance Optimization, as well as Capacity and Virtualization Planning solutions. Neptuny's Caplan solution, which is basically a Capacity Planning solution for large data centers and networks, facilitates...
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Some Quick Thoughts On Today's Market Action
Wednesday, October 6, 2010 - 4:55pm | 198I am not overly surprised at today's market action. At one point I was down about 1/2 percent, but managed to recover and finish slightly in the positive on the day, and when I say slightly, I'm talking by a razor-thin margin. One disturbing situation though was the heavy selling in the Nasdaq,...
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Tech Stocks Down, Led By Data-Center Shares (EQIX, RAX, TMRK, SVVS, AKAM, AAPL, HPQ, MSFT, RIMM, NFLX)
Wednesday, October 6, 2010 - 2:26pm | 271US Tech stocks continued their downward movement with shares of many data-center-related companies leading the decline, after Equinix Inc (NASDAQ: EQIX) issued a revenue warning. Shares of Equinix tumbled about 32% after the company lowered its Q3 sales projections to $328 million to $330 million...
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Rinse And Repeat For A Sparkling Market
Wednesday, October 6, 2010 - 11:58am | 257The market is slightly higher again today after the U.S. Dollar again sank sharply mid morning. This has been the real factor in keeping the markets higher. The Federal Reserve cannot lower interest rates any more but has control over the Dollar to prop up the markets. The markets were lower on...
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Benchmark Capital Reiterates Buy Rating On Orbitz (OWW)
Wednesday, October 6, 2010 - 10:54am | 149Analysts at Benchmark Capital have reiterated their Buy rating on shares of online travel agency Orbitz (NYSE: OWW). The firm has a $9 price target on the stock. During Wednesday's trading session, OWW has fallen 1.85% to $6.37. Orbitz (OWW) has the largest relative exposure to the U.S. market...
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Netflix Poised For Continued Growth In Movie Rentals
Wednesday, October 6, 2010 - 7:37am | 142Piper Jaffray recently completed its 20th bi-annual teen survey, a national study of 6,000 students. It asked high school students how they currently rent movies and how they expect to rent movies in two years. 21% indicated they currently use DVD's by mail and 20% will use DVD by mail in two...
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Thirty-Five Trillion Yen Tuesday
Tuesday, October 5, 2010 - 2:58pm | 2300By Phil at Phil's Stock World Go go BOJ!!! Acting under pressure from the Government to DO SOMETHING, the Bank of Japan announce a 35,000,000,000,000 Yen ($418Bn) monetary easing program this morning, finally taking that last step and cutting rates to ZERO. ...
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Lionsgate Co-Chairman and CEO Jon Feltheimer Urges Media Companies to Embrace New Economic Models
Tuesday, October 5, 2010 - 1:50pm | 522The demand for content is growing worldwide but the entertainment industry should consider new economic models and accommodate new business partners to deliver content to consumers in a changing marketplace, Lionsgate (NYSE: LGF) Co-Chairman and Chief Executive Officer Jon Feltheimer told...