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Sell in May and go away?
Thursday, May 6, 2010 - 7:50am | 957Another year is in the books here at the University of Michigan, but European leaders are getting no such rest, as the sovereign debt crisis contagion is spreading from Greece and the periphery into the core (sov debt crises are proving to be more contagious than chicken pox). As we speculated, the...
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Is Amazon Due For A Dip?
Thursday, May 6, 2010 - 3:29am | 458Amazon (AMZN) Citigroup recently placed a buy rating on Amazon and sees shares climbing an additional 25%. Goldman Sachs has upped the price target on Amazon to $180. Deutsche Bank has a $180 price target on the shares. Piper Jaffray has a $172 price target and a buy rating. Kaufman Brothers and...
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Is Amazon Due For A Dip?
Thursday, May 6, 2010 - 3:29am | 458Amazon (AMZN) Citigroup recently placed a buy rating on Amazon and sees shares climbing an additional 25%. Goldman Sachs has upped the price target on Amazon to $180. Deutsche Bank has a $180 price target on the shares. Piper Jaffray has a $172 price target and a buy rating. Kaufman Brothers and...
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Top Dog Stocks
Thursday, May 6, 2010 - 2:25am | 772Dog lovers really love their dogs. They pay $14,000 for dog houses, $3900 for silver dog collars, and designer clothes for dogs. Dog fans have paid handsomely for dogs, as much as $580,000 for a dog. So what are the top dog stock plays, and I'm not talking about the 'dogs of the Dow.' Dogs are big...
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Bank of America Updates Price Target for Overstock.com
Wednesday, May 5, 2010 - 9:53am | 104Shares of Overstock.com (NASDAQ: OSTK) have been leaping higher over the past three months, but Bank of America/Merrill Lynch (NYSE: BAC) is out with an investor note today saying that the company is fairly valued at $22.00-23.00. Analysts cited comps that “got slightly more difficult,” as well as...
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Top 5 Stocks In The Consumer Services Industry With The Highest Cash (EMS, SFLY, NTRI, UTA, TUC)
Wednesday, May 5, 2010 - 6:19am | 167Below are the top 5 consumer services stocks on the NASDAQ and the NYSE in terms of cash. Emergency Medical Services Corp (NYSE: EMS) had $381 million in cash in the latest quarter, while its debt liabilities stood at $448.61 million. Shutterfly, Inc (NASDAQ: SFLY) had $156.8 million in cash in the...
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IBD DOWNGRADES MARKET OUTLOOK
Wednesday, May 5, 2010 - 2:23am | 304Few investment services are as informative as Investors Business Daily. Their Big Picture section remains a must read for market participants. Though far from perfect, their buy and sell system has proven quite prescient – particularly in the last few years. In addition to getting you out before...
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Amazon (AMZN) Slumps Amid Market Selloff and Competition From Google (GOOG)
Tuesday, May 4, 2010 - 9:49pm | 142Shares of Amazon (AMZN) ended the day at $129.83. That's a $7.66 price drop and a loss of 5.6%. Amazon is the largest online retailer in the US and a bellweather of economic activity. The drop in shares may have been attributable to an overall market drop and Google's announcement that the search...
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Google Will Now Sell E-Books (GOOG, AMZN, AAPL)
Tuesday, May 4, 2010 - 5:57pm | 167Google Inc. (NASDAQ: GOOG) is planning to make a foray into the e-book segment. The internet search giant is planning to use a platform that would make its e-books compatible with multiple electronic devices. Google (GOOG) has not disclosed any information about its pricing strategy for e-books....
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Afternoon Market Update Google Inc (NASDAQ: GOOG), Amazon.com (NASDAQ: AMZN), Apple Inc (NASDAQ: APPL), E.ON (NYSE: EOA)
Tuesday, May 4, 2010 - 3:29pm | 290US stocks are falling drastically today, with surmounting worries over Greece's debt. "The market is not impressed with the Greek bailout, or Greece's ability to avert a future debt crisis. Furthermore, the concern now turns to the others in the Euro zone like Spain and Portugal, which are huge in...
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Benzinga’s Volume Movers (NTRI, OSTK, EXBD, IVAC, VVUS)
Tuesday, May 4, 2010 - 1:42pm | 206NutriSystem Inc (NASDAQ: NTRI) shares jumped 21.78% to $22.53 at 12:06 pm. The volume of NTRI shares traded was 692% higher than normal. NTRI had reported its Q1 results above market expectations. Overstock.com Inc (NASDAQ: OSTK) shares climbed 20.68% to $23.81 at 12:09 pm. The volume of OSTK...
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Amazon.com (AMZN) Gets Bearish Following Suspected Increase In Competition
Tuesday, May 4, 2010 - 1:40pm | 135Amazon.com (NASDAQ: AMZN) is all set to face a higher challenge in selling e-books in times ahead. After having got already enough competition in the first month since the launch of Apple Inc’s (NASDAQ: AAPL) iPAD in the same segment, Amazon.com (AMZN) will soon have to take on the competition in...
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Overstock.com Soaring After Earnings (OSTK)
Tuesday, May 4, 2010 - 1:40pm | 93Overstock.com (NASDAQ: OSTK) released their quarterly earnings report today, triggering a buying frenzy in the stock. OSTK reported earnings per share of $0.16 compared to analysts' consensus estimates of a per share loss of $0.07. During the current trading session, the stock has surged 16.47% to...
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Google (GOOG) To Start Selling Digital Books Soon
Tuesday, May 4, 2010 - 1:26pm | 95Google Inc. (NASDAQ: GOOG) is set to enter the digital books market soon. The company said that it will sell digital books, starting in last June or July, according to the Wall Street Journal. Google will be competing with the likes of Amazon.com (NASDAQ: AMZN) and Apple Inc. (NASDAQ: AAPL)....
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Overstock.com (OSTK) Looking For A Higher Top
Tuesday, May 4, 2010 - 12:27pm | 93Online retailer Overstock.com (NASDAQ: OSTK) mopped up a first-quarter profit on Tuesday, helped by a steep revenue increase. Analysts had expected a quarterly loss and shares jumped on the back of beating the analysts’ expectations. Shares surged 20.7%, to $23.81, after earlier reaching a nearly...