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NutriSystems Tops Estimates (NTRI)
Thursday, July 29, 2010 - 4:22pm | 30NutriSystem Inc. (NASDAQ: NTRI) reports Q2 earnings of $0.40 versus estimates of $0.35. NutriSystem Inc. reports Q2 revenues of $141.6 million versus estimates of $136.53 million.
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Nutrisystem, Inc. Reports Second Quarter Revenues of $142 Million
Thursday, July 29, 2010 - 4:08pm | 82Nutrisystem, Inc. (NASDAQ: NTRI), a leading provider of weight management products and services, today reported financial results for the second quarter of 2010. Highlights for the second quarter ended June 30, 2010 include: -- Revenues of $141.6 million, an increase of 8% as compared to $131.0...
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Expedia Beats On Bottom, Misses on Revenues (EXPE)
Thursday, July 29, 2010 - 4:03pm | 30Expedia Inc. (NASDAQ: EXPE) reports Q2 earnings of $0.44 versus estimates of $0.42. Expedia Inc. reports Q2 revenues of $834 million versus estimates of $845.48 million.
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JP Morgan Maintains Overweight Rating On SFLY
Thursday, July 29, 2010 - 10:29am | 94Analysts at J.P. Morgan reiterated their Overweight rating on shares of Shutterfly (SFLY), after the company announced earnings that beat Street Estimates. J.P. Morgan also noted that "if consumer spending slows down more rapidly than we are currently expecting, the company may have difficulty...
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Bookkeeping: Cutting Akamai Technologies (AKAM) in Half
Thursday, July 29, 2010 - 9:56am | 492The position is not large but I am going to do my normal process of cutting back a position as it breaks support and then waiting to see what to do with the last batch. Currently, the look of Akamai Technologies (AKAM) is worse than it was last night in after hours as the stock is down 10%, double...
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Benchmark Raising Price Target On IACI/Interactive Corp. (IACI)
Thursday, July 29, 2010 - 9:22am | 151The Benchmark Company is raising its price target on shares of IACI/Interactive Corp. (NASDAQ: IACI) to $27 from $26 after the company reported strong quarterly results yesterday. Benchmark is keeping its Hold rating on the shares. In a note to clients, Benchmark writes, "Yesterday morning, IAC...
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Green by WiFi and Google Alarm
Thursday, July 29, 2010 - 8:21am | 206Welcome to OnSale at FOXBusiness, where we look at cool stuff and insane bargains. Microsoft wants you to go green and Amazon and Facebook want to take you shopping. And be sure to keep an eye on Yelp.com for sweet deals. Green Gauge Microsoft (Nasdaq: MSFT) and Blue Line Innovation want you to...
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Facebook Dominates New Online Rankings As World Cup Lifts ESPN
Thursday, July 29, 2010 - 7:33am | 228The June audience of ESPN.com soared to 30.6 million unique visitors as people checked out the World Cup online, according to research firm comScore. That moved it ahead of well-known sites including Time Warner (NYSE: TWX), Expedia (Nasdaq: EXPE), and Target (NYSE: TGT) It shows how one event, or...
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Akamai Technologies (AKAM) - Good Results in Q2, but High Expectations and Slight Guidedown
Thursday, July 29, 2010 - 4:31am | 1046Yesterday was a very busy day so I did not catch up on which companies were reporting until late into the night. I tend to cull all positions going into earnings but Akamai Technologies (AKAM) was only a 1.3% exposure, so at that weighting I'm not sure I would have done much to the position. Much...
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Shutterfly Announces Second Quarter Financial Results
Wednesday, July 28, 2010 - 4:20pm | 41Shutterfly, Inc. (Nasdaq: SFLY) today announced financial results for the three months ended June 30, 2010. -GAAP net loss of ($0.22) per diluted share -Adjusted EBITDA of $1.2 million - Net revenues totaled $46.8 million, a 20% year-over-year increase.
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Here Is Why the Market Is Under pressure Today
Wednesday, July 28, 2010 - 3:45pm | 265Today the market is pulling back a little and has really been under pressure since the open. Many traders and investors are under the impression that the market weakness is because of the weak stocks such as Google Inc(NASDAQ: GOOG), and Amazon Com Inc (NASDAQ: AMZN), and Baidu Inc (NASDAQ: BIDU)....
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Amazon Still Too Expensive (AMZN)
Tuesday, July 27, 2010 - 3:01pm | 173On July 22nd, Amazon (NASDAQ: AMZN) reported earnings, missing Wall Street estimates by a wide margin. The company reported EPS of $0.45 versus consensus estimates of $0.54. The stock was crushed to the tune of more than 10% after reporting the disappointing quarter. In the recent market rally,...
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ThinkEquity Downgrades Priceline.com and Expedia
Tuesday, July 27, 2010 - 1:16pm | 30ThinkEquity downgrades Priceline.com (Nasdaq: PCLN) and Expedia (Nasdaq: EXPE) from Buy to Hold.
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Option Trades on AT&T (T) for Bulls and Bears
Tuesday, July 27, 2010 - 10:35am | 1797Deutsche Bank upgraded AT&T (NYSE:T) Monday morning to a “buy” rating from “hold” and lifted its 12-month price target by $1 to $31, essentially calling for about 20% of upside over the next year. The firm argued that Ma Bell should be able to sustain double-digit core earnings growth into...
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Ask.com Unveils New Site
Tuesday, July 27, 2010 - 8:50am | 157Ask.com, the number one brand for questions and answers online and an operating business of IAC (Nasdaq: IACI), today launched a new version of Ask.com squarely focused on answering questions. The new site is the first step in a multi-pronged strategy to deliver users answers – not just links –...