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Earnings Expectations for the Week of July 25
Sunday, July 24, 2011 - 9:40am | 1439The earnings crunch continues this week even as the month of July winds to a close. Quarterly reports of note scheduled for the week include those from Netflix (NASDAQ: NFLX), United Parcel Service (NYSE: UPS), Exxon Mobil (NYSE: XOM), Starbucks (NASDAQ: SBUX), Merck (NYSE: MRK) and Dow Chemical (...
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Are You Putting Yourself First?
Sunday, July 24, 2011 - 8:15am | 2244Woke up early this morning. Absolutely beautiful, crisp, sunny day here in Montreal. The excessive heat dissipated and I took advantage to head over to my favorite cafe on Bernard for breakfast, read the paper and just relax and enjoy this awesome weather. I also read my horoscope on my Blackberry...
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Financial Shenanigans – Chapter 11: Shifting Normal Operating Cash Outflows to the Investing Section
Sunday, July 24, 2011 - 6:00am | 1343Financial Shenanigans: How to Detect Accounting Gimmicks & Fraud in Financial Reports By Howard M. Schilit and Jeremy Perler Today I am continuing my in-depth review ofFinancial Shenanigans: How to Detect Accounting Gimmicks & Fraud in Financial Reports. This is an ongoing process, so...
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Stock Watch List For Friday, July 22
Thursday, July 21, 2011 - 5:47pm | 1435( click to enlarge ) Pharmacyclics, Inc. (NASDAQ:PCYC) has been hitting higher highs and higher lows amongst strong RSI price points. In fact, the RSI is showing multiple points of overbought periods. The stock has been on a strong bull market rally as %K line has been on top of %D line with...
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Markets Surge While Momentum Names Lag
Thursday, July 21, 2011 - 4:42pm | 303The Dow jumped more than 150 points Thursday amid talk that lawmakers are close to a compromise on the debt ceiling. No definitive deal has been reached, but major indices certainly traded like there is an expectation that a deal is imminent. While major indices performed well, some high-fliers...
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Blue Nile Names David Binder Its Chief Financial Officer
Thursday, July 21, 2011 - 4:10pm | 128Blue Nile, Inc. (Nasdaq: NILE) today announced that David Binder will become its Chief Financial Officer. Binder will take over finance responsibilities from Vijay Talwar, Interim Chief Financial Officer and Senior Vice President and General Manager of International, who will return full-time to...
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Not Everything Is Pretty Out There
Thursday, July 21, 2011 - 3:42pm | 429This afternoon, the major stock indexes are surging higher on heavier volume. Earnings reports for the most part have been good for the large mega cap stocks such as Apple Inc.(NASDAQ: AAPL), International Business Machines(NYSE: IBM), and Google Inc.(NASDAQ:). It is important to note that there...
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Earnings Preview: Analysts Expect Amazon.com Revenue, Earnings to Dip from Previous Quarter
Thursday, July 21, 2011 - 1:12pm | 569Amazon.com (NASDAQ: AMZN) releases its next round of earnings this Tuesday, July 26, 2011. Here is Benzinga's everything-that-matters guide to Amazon's second quarter earnings report. Earnings and Revenue: Analysts are looking ahead to a positive EPS reading of 37 cents per share and revenues of...
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Apple's Pricey Message to Consumers: Don't You Dare Buy Lion at Retail
Thursday, July 21, 2011 - 11:15am | 801Apple (NASDAQ: AAPL) has a new plan to push consumers to the App Store: charge too much for the alternative. The long-awaited Mac OS X Lion arrived yesterday, and if a Global Equities Research report is accurate, the snazzy upgrade has already been sold to more than 650,000 Mac users. That's an...
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Piper Jaffray Comments on Netflix
Thursday, July 21, 2011 - 9:55am | 181Piper Jaffray has published a report on Netflix Inc. (NASDAQ: NFLX). In the report, Piper Jaffray wrote, "Netflix reports Q2 results on Monday (7/25). We see potential for Q2 revenue and EPS upside based on better subscriber additions and gross margins. Q2 web traffic data from ComScore suggests...
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Tablet Shipments Increase 331% from Last Year, Apple Market Share Falls
Thursday, July 21, 2011 - 6:50am | 298Tablet computer makers shipped more than 15 million units in the second quarter of 2011, a more than 300% increase from a year ago, according to analyst firm Strategy Analytics. Strategy Analytics research shows that technology companies shipped 4 million tablets in last year's second quarter,...
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Mad Money Lightning Round: Cramer Likes Commercial Metals
Thursday, July 21, 2011 - 2:49am | 242On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Rackspace Hosting (NYSE: RAX) “has had a big run. Take your profits there and go buy some Apple (NASDAQ: AAPL)." Cramer said that he “isn't interested in Corrections Corp of America (NYSE: CXW).” For Silvercorp Metals (NYSE:...
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Check Out The Chart: When Equal-Weight Fails
Wednesday, July 20, 2011 - 2:26pm | 425The efficacy of equal-weight ETFs, a strategy pioneered by ETF sponsor Rydex, has been proven time and again over the past several years. As many equity-based ETFs have been criticized for excessive weights to just one or two stocks, Rydex has turned the equal-weight approach into meaningful...
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The King Of The Jungle Is Going After The Cheetah
Wednesday, July 20, 2011 - 12:53pm | 696What some thought was just a "hobby" as Steve Jobs likes to call Apple (NASDAQ: AAPL) TV, Amazon (NASDAQ: AMZN) announced this morning that it is going after Netflix (NASDAQ: NFLX) by reaching a deal with CBS (NYSE: CBS) to stream thousands of the CBS television shows online. The deal is non-...
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Netflix Earnings Preview: Analysts Expect Rising Revenue Over Previous Quarter
Wednesday, July 20, 2011 - 11:35am | 518Netflix (Nasdaq: NFLX) unveils its next round of earnings this Monday, July 25, 2011. Here is Benzinga's everything-that-matters guide for this Monday's second quarter earnings announcement. Earnings and Revenue: Wall Street expects a positive EPS reading of $1.11 per share and revenues of $790....