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Piper Jaffray Says Web Traffic For Priceline Is Accelerating (PCLN)
Friday, September 10, 2010 - 7:35am | 103Piper Jaffray says web traffic for priceline.com (NASDAQ: PCLN) accelerated in August, as the travel & leisure sector continues to rebound. In the research note, Piper Jaffray states, "Unique users in August to priceline.com grew 11% y/y from +24% y/y in July and +16% y/y in Q2." It goes on to...
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Bookkeeping: Another Round of Profit Taking, Especially in "The Generals"
Thursday, September 9, 2010 - 10:13am | 734I am going to continue to sell down exposure in long names - especially as our 'generals' are taken for a ride to the heavens. Most of these I cut back last week as well. Aside from these names I have a few others to sell if the S&P jumps 5-15 more points in the coming hours/days. I am...
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Piper Jaffray: Netflix Still The Best (NFLX)
Thursday, September 9, 2010 - 7:50am | 198Piper Jaffray is maintaining its Overweight rating and $140 price target on Netflix, Inc. (NASDAQ: NFLX) as the online entertainment company continues to gain subscribers. In the research note, Piper Jaffray writes, "The 2nd month of web traffic data from ComScore suggests that Netflix sub adds are...
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Benzinga's Top ETF Gainers (TQQQ, EDC, TMV, ERX)
Wednesday, September 8, 2010 - 4:26pm | 160ProShares UltraPro QQQ (NASDAQ: TQQQ) closed 3.53% higher, as NASDAQ-100 added 1.27%. Priceline.com Incorporated (NASDAQ: PCLN) was the best performer among NASDAQ-100 components, with an increase of 5.53%. Direxion Daily Emerging Markets Bull 3x Shares(ETF) (NYSE: EDC) jumped 3.00%, on the...
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NASDAQ Stocks Hitting 52-Week Highs (LOGM, PCLN, DTV, HOOK)
Wednesday, September 8, 2010 - 11:35am | 158LogMein Inc (NASDAQ: LOGM) shares reached $34.12 to create a new 52-week high, before falling to $34.05, representing a 5.00% gain. LOGM’s quarterly earnings advanced 283.80% y/y. priceline.com Incorporated (NASDAQ: PCLN) shares gained 4.15% to touch a new 52-week high of $324.47. Deutsche Bank...
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Top Performing Industries For September 8 (NFLX, MGM, RF, FC)
Wednesday, September 8, 2010 - 11:21am | 226At 11:02 am, the Dow gained 0.76% to 10,419.48, the broader Standard & Poor's 500 index moved up 0.85% to 1,101.09 and the NASDAQ composite index rose 0.99% to 2,230.82. The industries that are driving the market today are: Music & Video Stores: This industry jumped 2.70% by 11:02 am. The...
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Netflix To Offer Early Viewing Service
Wednesday, September 8, 2010 - 10:47am | 144Netflix (NASDAQ: NFLX) worked out a deal with Nu Image/Millennium Films to show movies before they are released on DVD when they would normally only be shown on pay-per-view or premium television channels, according to Business Times. Netflix has done deals with sometime rival TiVo Inc. (NASDAQ:...
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Netflix Soaring Again (NFLX)
Wednesday, September 8, 2010 - 9:56am | 104Shares of Netflix (NASDAQ: NFLX) are rising to new highs today after the company announced yet another deal that will expand its streaming library. The move rental company will partner with Nu Image/Millenium Films, which will give Netflix the rights to stream first-run theatrical films distributed...
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Netflix and Nu Image Films Announce Licensing Deal
Wednesday, September 8, 2010 - 8:55am | 145Netflix (Nasdaq: NFLX) and Nu Image/Millennium Films today announced a long-term agreement through which first-run theatrical films distributed by the Nu Image/Millennium Group will be licensed to Netflix for streaming over the Internet to its subscribers during the "pay TV window." Historically,...
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Morgan Keegan Initiates Priceline.com At Market Perform (PCLN)
Tuesday, September 7, 2010 - 7:55pm | 247Morgan Keegan equity analyst Justin Patterson released a research report today on online travel agency Priceline.com (NASDAQ: PCLN). He initiated the stock at Market Perform with a $330 price target. The report cites a number of positive catalysts for PCLN, including its position in international...
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Morgan Keegan Initiates Expedia At Outperform (EXPE)
Tuesday, September 7, 2010 - 7:15pm | 268In a research report released today, Morgan Keegan equity analyst Justin Patterson initiated shares of Expedia (NASDAQ: EXPE) at Outperform with a $30.00 price target. During Tuesday's trading session, EXPE shares closed 3.03% lower at $24.64. The report is quite detailed and focuses on a number of...
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Netflix Rising On Unusual Volume (NFLX)
Tuesday, September 7, 2010 - 1:36pm | 139The ride in Netflix (NASDAQ: NFLX) simply will not stop. The stock has been very volatile for months, and most of the outsized moves have been upward. During Tuesday's trading session, NFLX has jumped 2.44% to $141.85. More than 3.3 million NFLX shares have already changed hands compared to a daily...
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Top Performing Industries For September 7 (NFLX, KGJI, BLIN, EXK)
Tuesday, September 7, 2010 - 11:38am | 204At 11:21 am, the Dow lost 0.67% to 10,378.15, the broader Standard & Poor's 500 index moved down 0.79% to 1,095.74 and the NASDAQ composite index fell 0.67% to 2,218.81. The industries that are still afloat in the market today are: Music & Video Stores: This industry jumped 1.83% by 11:21...
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For Expedia, It's All About the Calls, Stupid (EXPE)
Tuesday, September 7, 2010 - 10:11am | 222Shares of Expedia Inc. (NASDAQ: EXPE) are lower on the session by 1.38%, currently trading at $25.06. The stock has been moving largely higher over the past nine weeks, though is now hovering at resistance around $25.00. The stocks 52-week high is at $27.51. Options traders are buying calls on the...
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Heidi Klum Teams With New Balance & Amazon (AMZN)
Tuesday, September 7, 2010 - 9:10am | 103Supermodel, designer and fashion powerhouse Heidi Klum has created a versatile active wear collection for New Balance perfect for modern women on-the-go called Heidi Klum for New Balance launching this Fall 2010 exclusively on Amazon (NASDAQ: AMZN). Heidi Klum for New Balance will include haute...