-
Nook Faces Stock-Out, Barnes & Noble Makes Amends (BKS, AMZN)
Monday, December 21, 2009 - 12:49pm | 99Barnes & Noble (NYSE: BKS) announced that customers who pre-ordered its latest e-book reader Nook would receive a gift and a voucher worth $100 if they do not receive their orders by December 24 2009. Barnes & Noble had introduced Nook in October to compete with online rival Amazon’s (...
-
Improved Cost Per Click Rates Signal Upside For Interactive Corp (IACI)
Friday, December 18, 2009 - 5:06pm | 154Wedbush Equity Research in a report released today has rated Interactive Corp (NASDAQ: IACI) as outperform and set a price target of $25 for the scrip. Founded in 1986, IAC/InterActiveCorp operates in 74 diversified internet businesses, comprising of four segments; Media & Advertising (Ask.com...
-
AMZN Gains Market Share, To Post Robust Q4 Results
Friday, December 18, 2009 - 2:33pm | 136Analysts at UBS maintain their "buy" rating on Amazon.com Inc (NASDAQ: AMZN), while raising their estimates for the company. The target price for AMZN has been raised from $140 to $160. Amazon.com is likely to post strong results for Q4, in view of the indications from the ecommerce conference call...
-
Index Futures Indicate Bullishness In Oracle And RIM (ORCL, RIMM, AMZN, NKE, FDX)
Friday, December 18, 2009 - 2:04pm | 208Technology giants Oracle (NASDAQ: ORCL) and Research In Motion (NASDAQ: RIMM) reported upbeat results this week. Oracle was driven by new software sales and company officials said that they expect sales to accelerate this quarter. Research In Motion reported that it had shipped a record breaking...
-
Judgement Day For Retailers, Super Saturday Beckons! (WMT, TGT, URB, SHLD, AMZN, ANF)
Friday, December 18, 2009 - 1:59pm | 245After a better than expected Black Friday, retailers in the United States hope for an encore this Sunday, which happens to be a week before Christmas. Reuters reports that the general prediction is that bargain hunters will flood retail outlets and hopefully deliver retailers their best sales week...
-
Top Tech Stocks in 2010 (AKAM, AAPL, GOOG, SNDK)
Friday, December 18, 2009 - 1:37pm | 387According to an article published in TheMotleyFool.com on December 17, some of the tech stocks that not only are attractively priced, but also are attractive to third parties are: Akamai (NASDAQ: AKAM): AKAM has a leading content delivery network consisting of 55,000 globally-connected servers that...
-
Stocks to Watch (AMZN, CAN, BEC, APSG, DRI)
Friday, December 18, 2009 - 9:27am | 236Amazon.com, Inc. (NASDAQ: AMZN) is trading 0.75% to $127.88 in the pre-market session after Amazon.com said on Thursday its Kindle electronic book reader posted its best sales yet in the month of December, as the battle for the digital reader market heats up. Accenture Plc (NYSE: ACN) fell 1.34% to...
-
Sony‘s e-reader To Remain A Book Device (SNE, AAPL, NWSA, AMZN)
Friday, December 18, 2009 - 8:50am | 175Howard Stringer, Sony Corp’s (ADR) (NYSE: SNE) chief executive, opines that Sony could differentiate itself by adding more powerful chips, displays and media features to the pocket sized readers. This can be done given the speculation that Apple Inc. (NASDAQ: AAPL) may launch a tablet-style...
-
Kindle Sales Make Amazon Proud (AMZN, SNE, BKS, NWSA)
Friday, December 18, 2009 - 7:29am | 146Amazon’s (NASDAQ: AMZN) electronic book reader Kindle posted its best sales in December. Amazon views the Kindle as an essential growth driver that faces tight competition with rivals Sony Corp. (ADR) (NYSE: SNE) and Barnes & Noble (NYSE: BKS) as to who will emerge with the best-selling...
-
Higher Estimates And Price Target For Amazon.com
Thursday, December 17, 2009 - 12:37pm | 60Citigroup has raised their price target for Amazon.com (NASDAQ: AMZN) to $170 from $140 and has reiterated their Buy rating. Citigroup considers Amazon.com a core Internet franchise because it screens very well against their four long-term factors, which are the management strength, competitive...
-
Update On My Portfolio
Wednesday, December 16, 2009 - 11:19pm | 335Another day where the markets are screwed around with by Uncle Sam! Seriously, why can't the Fed wait until 4:01pm to release their statement, everybody else that has important news does so before or after the bell, why can't the Fed, for pete's sake, do the same thing. In any case, I was seeing...
-
Amazon.com, Inc. (NasdaqGS: AMZN) Is Broken And Can't Get Up...And Down Goes Frazier!
Wednesday, December 16, 2009 - 3:37pm | 412Amazon.com, Inc. (NasdaqGS: AMZN)(FREE stock trend analysis) has soared in meteoric fashion as sales spiked for the online retailer in their last quarter. Sales of the Kindle have put AMZN directly on the map. With this one novel innovation, AMZN is more than just an online retailer or at least...
-
Positive November Internet Traffic Data For AMZN, GOOG
Wednesday, December 16, 2009 - 3:06pm | 133Analysts at Bank of America Merrill Lynch say that the 5% YoY rise in unique visitors in the US during November is positive for Amazon (NASDAQ: AMZN) and Google (NASDAQ: GOOG). According to comScore data for November, Internet users in the US rose 5% YoY to 201 million, while page views grew 12%...
-
Double Twist To Introduce Alternative to iTunes
Wednesday, December 16, 2009 - 10:05am | 108According to the Wall Street Journal, Amazon (NASDAQ: AMZN) which launched its MP3 store in 2007 was not able to topple iTunes. People in the online music industry estimate that Apple (NASDAQ: AAPL) has at least 90% of the music download market. DoubleTwist, the media management software created...
-
Stock Watch-List for December 16, 2009
Wednesday, December 16, 2009 - 9:12am | 459As funny as the Christmas Story clip was yesterday, I consider this moment from Home Alone 2 right up there with it...this is equivalent to how the bears must feel over the past 10 months when every time they get the market on the brink of selling off hard, WHAM! a brick comes flying in out of no...