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Apple and Netflix Join forces
Wednesday, September 1, 2010 - 2:07pm | 130Apple (NASDAQ: AAPL) has unveiled a new version of its Apple TV today. Apple's Steve Jobs stunned audiences once again unveiling a handheld version of its Apple TV. The new device looks to be a quarter the size of the previous model as it looks like it can fit in the palm of your hand. Some of...
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Afternoon Market Update (EXPE, PCLN, OWW, C, BAC)
Wednesday, September 1, 2010 - 1:30pm | 245Shares of Expedia Inc (NASDAQ: EXPE) gained about 6.34%, along with the broader market. EXPE’s shares have risen more than 15% in the past three months, but the stock is still down about 6% this year. Shares of rival Priceline.com Inc (NASDAQ: PCLN) are also up about 3.87%, while Orbitz Worldwide...
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Company News for September 1, 2010 - Corporate Summary
Wednesday, September 1, 2010 - 1:03pm | 726• Joy Global (NASDAQ: JOYG) reported fiscal third quarter earnings ten cents higher than estimated at $1.13, on a 11.1% revenue decline to $850 million, off projections of $877 million • PerkinElmer (NYSE: PKI) agreed to sell its illumination and detection solutions business to a private equity...
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Stocks on the Move (HAL),(AKS),(MET),(RDWR),(EXPE)
Wednesday, September 1, 2010 - 9:41am | 51Stocks on the Move (HAL),(AKS),(MET),(RDWR),(EXPE). All stocks above 15 day SMA today moving..
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Benzinga’s Top Pre-Market NASDAQ Gainers (GIII, ERIC, NFLX, CRUS)
Wednesday, September 1, 2010 - 8:34am | 136G-III Apparel Group Ltd (NASDAQ: GIII) rose 20.51% to $29.09 in the pre-market session. GIII has posted upbeat Q2 results and issued better-than-expected FY11 guidance. LM Ericsson Telephone Company (NASDAQ: ERIC) added 4.05% to $10.02 in pre-market trading. ERIC’s quarterly earnings surged 125.58...
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Piper Jaffray Overweight On Netflix On Possible Apple TV Deal (NFLX, AAPL)
Wednesday, September 1, 2010 - 7:44am | 75Piper Jaffray is reiterating its Overweight rating and $140 price target on Netflix (NASDAQ: NFLX). This comes as rumors that Apple (NASDAQ: AAPL) may announce a deal with Netflix to put its streaming service on a new Apple TV device. Shares of Netflix closed at $125.52 yesterday. Shares are...
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Benzinga's After Hours Gainers (STX, NFLX, WFMI)
Tuesday, August 31, 2010 - 6:26pm | 181Among the stocks that are moving higher in the after hours trading session on Tuesday are Seagate Technology (NASDAQ: STX), Netflix (NASDAQ: NFLX), Whole Foods (NASDAQ: WFMI), and Gilead Sciences (NASDAQ: GILD). Seagate Technolgy (STX) has jumped 3.16% to $10.46. Volume has been fairly heavy, with...
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Amazon to Sell Unlimited TV/Movie Viewing (AMZN, GE, TWX)
Tuesday, August 31, 2010 - 5:00pm | 202The Wall Street Journal is reporting that Amazon.com (NASDAQ: AMZN) is looking to develop a service that gives subscribers unlimited viewing (via internet) of certain television shows and movies for a flat rate. According to the WSJ, “The Seattle retailer has in recent weeks and months proposed a...
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Netflix Rising After Hours On AppleTV News (NFLX, AAPL)
Tuesday, August 31, 2010 - 4:07pm | 46Shares of Netflix (NASDAQ: NFLX) have jumped nearly 4% in after hours trade to $130.60 on news that AppleTV will offer Netflix. Netflix (NFLX) gained 1.97% during the regular market session and closed at $125.52.
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Netflix Up 5% In AH After Apple Streaming News
Tuesday, August 31, 2010 - 4:06pm | 46Netflix (Nasdaq: NFLX) is trading up close to 5% in the after-hours as Apple (Nasdaq: AAPL) may be offering Netflix as a streaming movie service in Apple's new tv video product.
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Apple Plans To Offer Netflix On New Tv Product (AAPL, NFLX)
Tuesday, August 31, 2010 - 4:06pm | 55There is an unconfirmed rumor that Apple Inc. (NASDAQ: AAPL) is planning to offer Netflix's streaming service (NASDAQ: NFLX) on Apple's new TV product. As a result, shares of Netflix are skyrocketing, gaining 6.8% in after hours to trade at $131.50.
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Staples to Start Selling Amazon's Kindle (SPLS, AMZN)
Tuesday, August 31, 2010 - 12:22pm | 181Office supply company Staples Inc. (NASDAQ: SPLS) said Tuesday that it will begin selling Amazon.com's (NASDAQ: AMZN) Kindle e-book at its retail stores. Staples will be selling multiple versions of the e-book, and is expected to push them into 1,500 stores across the country this fall. Staples...
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Top Performing Industries For August 31 (NFLX, HL, LGF, BBW)
Tuesday, August 31, 2010 - 11:40am | 214At 11:24 am, the Dow gained 0.43% to 10,052.52, the broader Standard & Poor's 500 index moved up 0.37% to 1,052.78 and the NASDAQ composite index rose 0.05% to 2,120.93. The industries that are driving the market today are: Music & Video Stores: This industry jumped 2.37% by 11:24 am. The...
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Priceline's Growth Gets A Kick From '05 Buy Of Booking.com
Tuesday, August 31, 2010 - 9:04am | 136It's always worth notice when a company finds success outside its original business model and markets. Such is the case with Priceline.com (NASDAQ: PCLN), built around an innovative domestic online travel service. The cost-cutting Name Your Own Price service established Priceline as a major dot-com...
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Morgan Keegan Believes The Shift Toward Higher AOV Print Products Is Beneficial To Shutterfly
Tuesday, August 31, 2010 - 7:36am | 150Analysts at Morgan Keegan reiterate their "market perform" rating on Shutterfly Inc (NASDAQ: SFLY). The target price for SFLY is set to $26. Morgan Keegan says, “Our review of online photo sites in Aug. found modest promotional activity by Shutterfly in photo books, which we view as seasonally...