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Nasdaq Volume Decliners (NFLX, ORLY, URBN, ROST, CREE)
Thursday, July 8, 2010 - 2:53pm | 205Some notable Nasdaq listed stocks are losing ground on heavier than normal volume today. The list includes Netflix (NASDAQ: NFLX), O'Reilly Automotive (NASDAQ: ORLY), Urban Outfitters (NASDAQ: URBN), Ross Stores (NASDAQ: ROST), and Cree Inc. (NASDAQ: CREE). Netflix (NFLX) has shed 2.44% and the...
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Bookkeeping: Selling 40% of Netflix (NFLX)
Thursday, July 8, 2010 - 11:30am | 585In retrospect I bought Netflix (NFLX) a bit too early in the correction so my cost basis ended up being too high. First purchases were in the $117-$118s. I did average down at $107.20 last Thursday during the melt down, since the stock held the 50 day moving average in previous sessions despite...
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Amazon Patent Approval May Cause Trouble For Barnes & Noble
Wednesday, July 7, 2010 - 10:19am | 237Yesterday, Amazon, Inc. (NASDAQ: AMZN) was granted a patent filed in 2006 on e-readers with secondary LCD displays. The patent specifically gives Amazon rights over: "A handheld electronic device comprising: a housing; an electronic paper display disposed in the housing and having a first surface...
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Benzinga's After Hours Gainers (EXPE, ODP, PFCB, URBN)
Tuesday, July 6, 2010 - 6:06pm | 247Among the stocks that are moving higher in the after hours on Tuesday are Expedia (NASDAQ: EXPE), Office Depot (NYSE: ODP), P.F. Chang's (NASDAQ: PFCB), and Urban Outfitters (NASDAQ: URBN). Expedia (EXPE) has jumped 2.57% to $18.51 in late trading. More than 120,000 EXPE shares have traded hands...
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Netflix Announces Deal With Relativity (NFLX)
Tuesday, July 6, 2010 - 1:37pm | 196It appears that Netflix (NASDAQ: NFLX) is giving the traditional movie channels a run for their money. According to Fast Company, the movie service is partnering with Relativity Media in order to bring "first-run theatrical releases from the production company to Netflix subscribers, just months...
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Amazon Looks Like Good Short Candidate (AMZN)
Tuesday, July 6, 2010 - 12:30pm | 256Year-to-date, shares of Amazon.com have fallen a little over 17%. Today, however, the stock has gained 2.14% to $111.49. Amazon (AMZN) is highly leveraged to the U.S. consumer, and as such, may be vulnerable if the pace of the economic recovery continues to stagnate. If a double dip recession...
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Getting an Edge on Jim Cramer
Tuesday, July 6, 2010 - 10:52am | 2007For more than a year, I took Mad Money host Jim Cramer’s investing ideas and gave them a thumbs up or thumbs down according my own technical analysis and views. Here at OptionsHouse, it’s not about telling you what to do, but rather offering some strategies for you to explore based on your own...
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Will Netflix Get Hit by Hulu Plus?
Tuesday, July 6, 2010 - 8:29am | 214NEW YORK (TheStreet) -- Will Hulu's paid subscription service be complementary to Netflix (Nasdaq: NFLX) or become a thorn in its side? Hulu, which is co-owned by General Electric (NYSE: GE), News Corp. and Disney (NYSE: DIS), launched Hulu Plus earlier in the week. The subscription service will...
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Highest Yielding Entertainment Stocks
Monday, July 5, 2010 - 2:44am | 428It doesn't matter whether we are in a recession, a depression, or in a booming economy. People will always go to the movies, rent DVDs, or order a movie from Netflix (NFLX). The demand will always be there, the revenues will always continue. With all this money rolling in, the revenues must be...
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Piper Jaffray Reiterates Overweight Ratings On Priceline And Expedia (PCLN, EXPE, GOOG)
Friday, July 2, 2010 - 11:01am | 165Yesterday, Google (NASDAQ: GOOG) announced its acquisition of ITA software for $700 million in cash. Piper Jaffray analysts wrote that "we believe Google is acquiring ITA to build offerings that are similar to current metasearch sites and generally increasing the company's footprint in online...
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FedEx (FDX) option trades for bulls and bears
Friday, July 2, 2010 - 8:20am | 1786FedEx (NYSE:FDX) and its close rival United Parcel Service (NYSE:UPS) have been popular names in the analyst world lately. Thursday, UBS upgraded its ratings on both companies to buy from neutral, noting that the recent pullbacks in both stocks have presented buying opportunities that may be “...
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Top 4 Stocks In The General Entertainment Industry With The Highest Sales Growth Estimates (LYV, PCLN, RCL, EXPE)
Friday, July 2, 2010 - 6:04am | 161Below are the top general entertainment stocks on the NYSE and the NASDAQ in terms of sales growth estimates for the current quarter. Live Nation Entertainment Inc (NYSE: LYV) is likely to achieve 34.5% sales growth in the June quarter. Analysts at Morgan Joseph upgraded LYV from “hold” to “buy.”...
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Bookkeeping: Some Index Longs On Now
Thursday, July 1, 2010 - 1:04pm | 487I am throwing some modest long index exposure on with (mental) stop loss below S&P 1020 Modest positions here with our normal fare: 4% into TNA and 3% into SPY 103 (July) calls. My upside target is 1040 where I will sell. But thus far this has the potential to be a nice reversal day as we...
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Company News for July 1, 2010 - Corporate Summary
Thursday, July 1, 2010 - 10:27am | 186• Yahoo (NASDAQ: YHOO) said its board authorized a new $3 billion share buyback program for the next three years • Wedbush initiated coverage of Pegasystems (NASDAQ: PEGA) with an "outperform" rating and a $40 price target • S&P lifted its rating on Tupperware Brands (NYSE: TUP) to BBB-, with a...
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Amazon.com Drops Kindle Price, The E-Reader Wars
Thursday, July 1, 2010 - 8:26am | 146Amazon.com (Nasdaq: AMZN) has already dropped the price of its basic Kindle e-reader by $70 to $189. The moved followed a price cut of Barnes & Noble’s (NYSE: BKS) Nook from $199 to $149 and a similar price cut of the most expensive version of the Nook. Both the Nook and Kindle face competition...