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NFLX Expands Content Deal With Warner Brothers
Thursday, January 7, 2010 - 1:24pm | 135Analysts at Susquehanna Financial maintain their "positive" rating on Netflix Inc (NASDAQ: NFLX). The target price for NFLX is set to $70. Warner Brothers has announced that it will continue to make Warner Brothers new release DVD and Blu-ray titles available to Netflix subscribers. Under the terms...
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Kindle Ecosystem To Boost Amazon’s Prospects (AMZN, SNE, AAPL)
Wednesday, January 6, 2010 - 1:22pm | 145Collins Stewart expects the Kindle Ecosystem to be the most compelling reader in the market, which will help Amazon’s (NASDAQ: AMZN) non-core revenue. Kindle has come a long way since it was launched 2 years ago and is currently revolutionizing the way books are created, acquired, consumed and...
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Benzinga’s Volume Movers (SLXP, CAAS, WPRT, TKTM, HRBN)
Tuesday, January 5, 2010 - 2:34pm | 266Salix Pharmaceuticals Ltd (NASDAQ: SLXP) shares have gained 6.37% to reach $27.71. The volume of SLXP shares traded was 655% higher than normal. SLXP’s shares moved up sharply after analysts at Piper Jaffray said that street consensus underestimates the revenue potential of the Xifaxan...
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Jack & Jill: Wal-Mart and eBay, Part 1.
Sunday, January 3, 2010 - 8:23pm | 1026I am man enough to admit not all successes are of my own doing. Believe it or not my wife Jill has a knack for picking companies. She gave me Overstock.com (NASDAQ: OSTK) back in 2004 when the stock was trading in the high teens and again informed me that Crocs (NASDAQ: CROX) shoes were out of...
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Joe Terranova Thinks There Is More Room On The Upside For Amazon (AMZN)
Saturday, January 2, 2010 - 2:27pm | 100CNBC's Fast Money Joe Terranova believes in U.S. consumer and thinks Amazon.com (NASDAQ: AMZN) could jump to $150. He explains that he sees Amazon's (AMZN) earnings at $6 per share, which combined with P/E of 25 gives $150. Amazon (AMZN) ended the year at $134.52, and it traded above $142 on...
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Trader Talk: Beware of Ugly Stocks
Thursday, December 31, 2009 - 10:58am | 617In a perfect world every buy signal coming from my trading system would be an Amazon (NASDAQ: AMZN) or Google (NASDAQ: GOOG). A popular stock with an exciting story to back it up. Unfortunately most mornings I find some boring company in a down and out industry when I awake. But heed my warning...
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Legg Mason's Bill Miller Makes A Comeback (LM)
Wednesday, December 30, 2009 - 5:20pm | 268For 15 straight years, Bill Miller could do no wrong. During that time period, Miller's Legg Mason Capital Management Value Trust beat the S&P 500 index every single year, a feat which brought Miller considerable notoriety. Starting in 2005, however, Miller's golden touch began to lose its...
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US Markets Shed Gains For The Second Consecutive Day (AMZN, CBS, NEM, ABX)
Wednesday, December 30, 2009 - 3:03pm | 262US stocks opened slightly higher this morning after a report pointed towards a recovery in manufacturing in the Chicago region. However, stocks started struggling by mid day, falling from the 2009 highs achieved over the past couple of days. While the Dow Jones Industrial Average (NASDAQ: INDU)...
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Piper Jaffray Raises Amazon's (AMZN) Price Target To $172
Tuesday, December 29, 2009 - 5:25pm | 146Amazon.com (NASDAQ: AMZN) gained 0.07% today as Piper Jaffray and Kaufman Bros raised their price target for the stock. Piper Jaffray increased its price target for Amazon (AMZN) to $172 from previous $163, while Kaufman Bros rate Amazon (AMZN) at $155, instead of $120. Patty Edwards of Storehouse...
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Stocks That Crossed Their 52-Week Highs (AGAM, AHGP, ASPS, AMMD, BFLY)
Tuesday, December 29, 2009 - 2:54pm | 195AGA Medical Holdings Inc (NASDAQ: AGAM) shares rose 1.63% to cross their 52-week high threshold of $14.99 to create a new high of $15. AGAM’s manufactures and markets medical devices and accessories for the treatment of cardiovascular defects and peripheral vascular diseases. Alliance Holdings GP...
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Strong December Sales Could Boost Amazon Earnings (AMZN)
Tuesday, December 29, 2009 - 12:50pm | 90Analysts at Piper Jaffray have maintained their overweight rating on the popular e-commerce destination Amazon Inc. (NASDAQ: AMZN). The price target has also been raised from $163 to $172. During the holiday season, Amazon’s peak day orders increased 51% y-o-y. This could imply that it would be...
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AMZN To Post Robust Results For December Quarter
Tuesday, December 29, 2009 - 11:56am | 124Analyst Gene Munster of Piper Jaffray maintains his "overweight" rating on Amazon.com Inc (NASDAQ: AMZN). The target price for AMZN has been raised from $163 to $172. Amazon.com’s December quarter revenue growth is likely to be significantly ahead of the consensus, given the company’s 51% YoY...
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Benzinga’s News Roundup (JEF, APPY, VVUS, MS, MSFT, NTRI, UNH)
Tuesday, December 29, 2009 - 10:02am | 438Jefferies Group, Inc. (NYSE: JEF) was today upgraded by Keefe, Bruyette and Woods from Market Perform to Outperform and price target set to $30. Jefferies Group has increased 4.52% to $24.27. Jefferies Group closed at $23.22 yesterday. The 52-week trading range for JEF is $8.04 - $30.99. So far in...
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Benzinga’s Top Pre- Market Gainers (STEC, VVUS, AIG, VICL, OSIS, AMZN, ASML)
Tuesday, December 29, 2009 - 9:12am | 344STEC, Inc. (NASDAQ: STEC) has jumped 1.14% to $16.84 in the pre-market session. The 52-week trading range for STEC is $3.70 - $42.50. In the last trading session, Stec closed at 416.65. So far in the current year, STEC gained over 290%. VIVUS, Inc. (NASDAQ: VVUS) has moved up 5.48% to $10.20 after...
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AMZN Reports Robust Holiday Performance
Monday, December 28, 2009 - 3:25pm | 107Analysts at Lazard Capital Markets reiterate their “hold” rating on Amazon.com (NASDAQ: AMZN), while raising their estimates for the company. AMZN has announced robust holiday order trends, with 51% growth in peak-day items ordered and about 25% growth in peak day unit shipments. Amazon is likely...