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Netflix Moving Higher (NFLX)
Wednesday, June 9, 2010 - 11:19am | 67Read More...Shares of Netflix (NASDAQ: NFLX) are moving higher today on heavier-than-average volume. Investors are bidding up shares in the online movie rental company by $5.90, or 5.35%, to $116.23 in mid-morning trading. More than 1.95 million shares have already traded hands versus the three-month average...
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Internet Retailers Report Mixed Sales (EBAY, AMZN)
Wednesday, June 9, 2010 - 8:43am | 79Read More...Last night, e-commerce enabler ChannelAdvisor released May same-store sales updates for eBay (NASDAQ: EBAY) and Amazon (NASDAQ: AMZN). Sales at eBay fell 4% Y/Y compared to no change in April. Amazon reported a 67% sales increasee in May vs. a 72% growth rate in April. Deutsche Bank did not change...
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Apple Worldwide Developers Conference Update (AAPL)
Monday, June 7, 2010 - 1:39pm | 106Read More...- Apple has sold over 2 million iPads, or one every three seconds - 17 apps per iPad already downloaded, "a great number" Jobs says - iPad will be in 19 countries by the end of July - 2.5 books downloaded per iPad, over 5 million books total - Users now have the ability to view and read PDF's...
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Benzinga’s Top Upgrades (SYMC, NILE, AMB, BMY, CSCO)
Monday, June 7, 2010 - 7:41am | 186Read More...Symantec Corporation (NASDAQ: SYMC) was upgraded by Macquarie from “neutral” to “outperform.” SYMC’s shares closed at $13.92 on Friday. Symantec’s earnings are likely to jump by 110.68% this year. Citigroup upgraded Blue Nile Inc (NASDAQ: NILE) from “hold” to “buy.” NILE’s shares closed at $47.90...
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Momentum Stock Roundup (NFLX, ESRX, DECK, AKAM, CMG)
Friday, June 4, 2010 - 2:01pm | 202Read More...Despite the severe sell off in equities over the last month, some stocks have been performing very well. Among these momentum names are Netflix (NASDAQ: NFLX), Express Scripts (NASDAQ: ESRX), Deckers Outdoor (NASDAQ: DECK), Akamai Technologies (NASDAQ: AKAM), and Chipotle Mexican Grill (NYSE: CMG...
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Barnes & Noble, Hurt By Kindle, Offers Incentive (AMZN, SNE, BKS, AAPL)
Friday, June 4, 2010 - 9:29am | 185Read More...There are many estimates of the size of the e-reader market and which companies have the most market share. Amazon.com (NASDAQ: AMZN) claims it has sold “millions of Kindles” and that the device is the most popular item on its well-visited e-commerce site. Most researchers who cover the e-reader...
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Barnes & Noble, Hurt By Kindle, Offers Incentive
Friday, June 4, 2010 - 5:53am | 396Read More...There are many estimates of the size of the e-reader market and which companies have the most market share. Amazon.com (NASDAQ: AMZN) claims it has sold “millions of Kindles” and that the device is the most popular item on its well-visited e-commerce site. Most researchers who cover the e-reader...
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Nasdaq Hot Stocks! (AKAM, NFLX, CSTR, BIDU, SNDK)
Thursday, June 3, 2010 - 1:42pm | 363Read More...This past month was the worst May for the S&P 500 in nearly 50 years. Between May 3rd and June 1st, the S&P fell 9.77%. Volatility has been very high and the global markets continue to be plagued by uncertainty and anxiety. It has not been all bad news, however, as a number of stocks have...
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Company News for June 2, 2010 - Corporate Summary
Wednesday, June 2, 2010 - 9:57am | 174Read More...• Joseph A. Bank (NASDAQ:JOSB) posted better-than-expected first quarter earnings of 85 cents a share, up from Zacks expectations of 71 cents, on estimate-topping revenues of $178.1 million, ahead of Zacks estimates of $175 million • Prudential (NYSE:PRU) dropped from its offer to acquire AIG's (...
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Dr. Reddy's Laboratories (RDY) Stock Continues to Impress
Tuesday, June 1, 2010 - 12:52pm | 937Read More...Since there are so very few Indian stocks trading on the U.S. exchanges, most of the well known names have been on my radar for years. One such example is Dr. Reddy's Laboratories (RDY) which I've had on various watch lists for years on end but never once bought. [Nov 9, 2009: Dr. Reddy's...
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Netflix Gaining On High Volume Again Today (NFLX)
Friday, May 28, 2010 - 3:35pm | 117Read More...Shares of red hot Netflix (NASDAQ: NFLX) have gained 2.27% to $111.27 today. This stock may be the strongest NASDAQ security right now. The S&P 500 has fallen nearly 8% this month, but NFLX has jumped over 12%. Year to date, NFLX has gained an unbelievable 102%. Since the company's IPO in May...
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Overstock Founder Sells $3 Million Shares; Barron’s (OSTK)
Thursday, May 27, 2010 - 9:06am | 132Read More...Overstock (NASDAQ: OSTK) founder and Chief Executive Officer, Patrick Byrne, sold 140,000 company shares between May 20 and May 24, at an average price of $22.25 each. The entire deal is estimated to be worth $3.1 million. Byrne told Barron’s, “In the 10 years since we launched Overstock.com, I've...
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Android Helps Amazon Solidify Second Spot In Online Music Market-Share (AMZN)
Wednesday, May 26, 2010 - 4:57pm | 153Read More...The NPD data shows that Amazon (NASDAQ: AMZN) has solidified its second position in the online music market share through its prominent position in Android (Open Handset Alliance) devices. According to the NPD, iTunes tops the list with a share of 69.9% whereas the Android helped Amazon to clinch a...
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Online Travel Outlook (EXPE, PCLN, OWW)
Wednesday, May 26, 2010 - 11:56am | 208Read More...Analysts at Piper Jaffray released a report covering the online travel segment this morning. The firm has an Overweight rating and $295 price target on shares of Priceline.com (NASDAQ: PCLN). The analysts acknowledged that PCLN is facing multiple headwinds, but said that they believe the stock is...
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Consumer Confidence Up For The Third Month In A Row
Tuesday, May 25, 2010 - 2:36pm | 365Read More...A private sector report released today revealed that the US consumer confidence in the month of May has touched the highest mark in more than two years as worries over the labor market are abating continuously. It has risen for the third consecutive month now. An industry group named the Conference...



