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Credit Suisse: Netflix To Benefit From Denial Of Postage Rate Increase (NFLX)
Tuesday, October 5, 2010 - 1:17pm | 112In a research note released by Credit Suisse today, the firm's analysts reiterated their Neutral rating on Netflix (NASDAQ: NFLX). They noted that The Postal Regulatory Commission denied an expected postage rate increase late last week, which should reduce NFLX's expected postage and packaging...
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Do You Remember Overstock.com (OSTK)?
Tuesday, October 5, 2010 - 1:40am | 113Overstock.com (OSTK) was once a major player in the online retail space. Overstock.com has sense become an afterthought with the rise of eBay, Amazon, and Craigslist. The company is now a small cap player with just a $350 million dollar market cap. The company is fighting for survival in the midst...
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Netflix Inc. Chairman Sells 10,000 Shares of NFLX
Monday, October 4, 2010 - 4:58pm | 68In a Form 4 filed earlier today, Netflix Inc. (NASDAQ: NFLX) Chairman of the Board, Reed Hastings, reported that he exercised and sold 10,000 shares of BSX on September 30th for an average price of $171.65. The exercise price was $1.50 The transaction totaled $1,716,500, netting Hastings $1,709,750...
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Tech Stocks Start Week In The Negative Territory (MSFT, LXK, DELL, AAPL, RIMM, INTC, ISLN, ORCL, NFLX, NTAP)
Monday, October 4, 2010 - 2:03pm | 306US Tech stocks started the week in the negative territory. Shares of Microsoft Corp (NASDAQ: MSFT) were among the top decliners in the list after Goldman Sachs analyst Sarah Friar downgraded the company. Shares of MSFT moved down about 2.7% after Goldman analyst Sarah Friar downgraded the stock...
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Amazon.com to Acquire BuyVip for $96.5 Million (AMZN)
Monday, October 4, 2010 - 1:11pm | 22Amazon.com (NASDAQ: AMZN) will acquire BuyVip for approximately $96.5M, Wall Street Journal reports.
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MakeMyTrip, India's Mile High Short?
Monday, October 4, 2010 - 11:55am | 287MakeMyTrip.com (NASDAQ: MMYT), based out of India, recently launched its IPO in August and the stock has been "flying high" since, as it is up over 40% from its first trading day. Barron's recently published an article discussing that the stock flying above the clouds, maybe begin its descent...
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Amazon Growing Like A Tree In The Rain Forest (AMZN)
Monday, October 4, 2010 - 11:52am | 90Amazon.com (NASDAQ: AMZN) continues to expand its presence as a global e-tailer, this time, acquiring Spanish online retailer BuyVip for $96.5 million, according to the Wall Street Journal. BuyVip was previously owned by a group of private-equity companies including Cipio Partners, Kennet Partners...
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Bookkeeping: Weekly Changes to Fund Positions Year 4, Week 9
Monday, October 4, 2010 - 9:36am | 1983Year 4, Week 9 Major Position Changes To see historic weekly fund changes click here OR the label at the bottom of this entry entitled 'fund positions'. Cash: 62.6% (v 63.7% last week) 18 long bias: 25.2% (v 25.9% last week) 7 short bias: 12.1% (v 10.4% last week) [Note: Long bond, long dollar,...
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Barnes & Noble Launches Publishing Platform To Rival Amazon's
Monday, October 4, 2010 - 8:53am | 114According to a recent TechCrunch article, Barnes & Noble (NYSE: BKS) launched PubIt!, which is a platform that offers independent publishers and authors a way to digitally distribute their works through BN.com and the Barnes & Noble eBookstore. Amazon.com (NASDAQ: AMZN) has a similar...
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Barnes & Noble Launches Publishing Platform PubIt To Rival Amazon's DTP
Monday, October 4, 2010 - 8:46am | 30Barnes & Noble (NYSE: BKS) Launches Publishing Platform PubIt To Rival Amazon's (Nasdaq: AMZN) DTP
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Top 4 NASDAQ Stocks In The Services Sector With The Highest EPS Estimates (PCLN, STRA, UHAL, APOL)
Monday, October 4, 2010 - 6:12am | 145Below are the top service stocks on the NASDAQ in terms of earnings estimate for the next year. The earnings estimate for priceline.com Incorporated (NASDAQ: PCLN) for the next year ending December, 2011 is $15.26 per share. PCLN's quarterly earnings gained 71.50% y/y. Strayer Education Inc (NASDAQ...
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Viacom Opting for Headcount Cut - Analyst Blog
Friday, October 1, 2010 - 6:15pm | 769Viacom Inc. (VIA.B) continues to struggle with its Filmed Entertainment businesses. Recently, management has decided to reduce headcount by 53 (2% of total workforce) in its Paramount Pictures division. The slumping U.S. movie box-office has taken a huge toll on Viacom. Paramount Pictures...
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S&P Upgrades Sonic Solutions (SNIC) From Strong Sell to Hold
Friday, October 1, 2010 - 12:10pm | 143S&P Upgraded Sonic Solutions (NASDAQ: SNIC) From Strong Sell to Hold, yesterday afternoon. They kept their 2011 estimate at $0.02, but raised their price target by $5 to $12. Here are a few quotes from the report: "We are taking a more optimistic outlook on SNIC's success in the video-on-demand...
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Friday's Mid-day Options Volume Leaders (AAPL, C, NFLX, MSFT, HPQ)
Friday, October 1, 2010 - 11:48am | 168The overall market is pushing higher once again today to start the month off on the right foot; though the S&P 500 (CBOE: SPX) is off its daily highs, currently trading at $1,144, the more times we push against the $1,150 level the more resistance weakens. Here are your mid-day options volume...
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Amazon.com Downgraded To Hold
Friday, October 1, 2010 - 10:00am | 29McAdams Wright Ragen has downgraded Amazon.com (NASDAQ: AMZN) from Buy to Hold but has raised the price target from $140 to $160.