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Amazon (AMZN) Releases Kindle App
Tuesday, December 15, 2009 - 5:04pm | 162According to a recent report released by Goldman Sachs (NYSE: GS)(FREE stock trend analysis), Amazon (NASDAQ: AMZN)(FREE stock trend analysis) has released a Kindle app for iPhone in sixty countries. Amazon is also planning to enhance Kindle features to make it more suitable for visually-impaired...
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Retail Sales Strong. But Apple Inc.(NasdaqGS: AAPL), Goldman Sachs Grp (NYSE: GS) Warn Of Weakness
Friday, December 11, 2009 - 3:07pm | 684Industrial production numbers from China came out very strong with a year over year gain on the monthly number of 19.2%. In addition, U.S. Retail Sales numbers were very strong. This gave the market a solid gap higher into the open even though the dollar was stronger as well. Since the open, the...
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Apple (AAPL) Plans Widening Of iTunes' Reach: Wall Street Journal
Thursday, December 10, 2009 - 10:14am | 345Apple (NASDAQ: AAPL) is exploring options that will widen its web influence, and change the way it sells and stores music. The company which changed the dynamics of the music industry with its iTunes service is planning to use the newly acquired La La Media Inc. to let users access their purchases...
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Apple Trading Up On Tablet News
Wednesday, December 9, 2009 - 5:04pm | 107Apple is trading up on the day (+7.81, or just over 4% to $197.71) following a report that it will start ramping up production early next year on an upcoming tablet device. The report comes from Oppenheimer analyst Yair Reiner, who opined that the February 2010 ramp-up implies a product launch in...
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Tablet Production To Be Increased By Apple (AAPL)
Wednesday, December 9, 2009 - 2:57pm | 93Apple Inc.(NASDAQ: AAPL) is to start increasing the production of a table that is scheduled to be announced in February. The launch could come in late March or April. The tablet would come with a 10.1 inch multi-touch LCD screen and not an OLED screen as suggested by some. Apple has started to...
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Publishers Joining Hands to Give AMZN Stiff Competition
Wednesday, December 9, 2009 - 12:37pm | 91Shares of Amazon.com Inc (NASDAQ: AMZN) have slipped by 2.38% to $3.20 so far this morning. AMZN’s share prices are slipping on news that five major publishers, Conde Nast Publications, Hearst Corp, Meredith Corp (NYSE: MDP), News Corp (NYSE: and Time Inc, have joined forces to develop an online...
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Citi Analyst Likes Amazon (AMZN)
Tuesday, December 8, 2009 - 8:47pm | 154Citi analyst Mark Mahaney said on CNBC's Fast Money that he has a buy rating on Amazon.com (NASDAQ: AMZN) with a price target of $140. He thinks that there was a significant pull back after Q3 rally, and expects a similar rally in Q4. Joe Terranova commented that he is also bullish on the stock,...
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Channel Advisor Same-Store-Sales Data: Amazon (AMZN) Accelerating, eBay (EBAY) Decelerating
Tuesday, December 8, 2009 - 12:33pm | 89The November Same-Store-Sales (SSS) data from the Channel Advisor indicates that Amazon.com, Inc. (NASDAQ: AMZN) SSS were up at 70% Y/Y in November vs. 61% in October and 53% in 3Q. On the other hand, eBay Inc. (NASDAQ: EBAY) increased 3% in November vs. 4.7% in October and 2% in 3Q. The slowdown...
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Wal-Mart (WMT)- A Challenger For Online Turf: Janney
Tuesday, December 8, 2009 - 10:55am | 199According to Janney Capital Markets, Walmart.com (NYSE: WMT) could well be the next big challenger to online retailers including Amazon (NASDAQ: AMZN). It is well placed to invest heavily in online pricing and absorb initial losses on Walmart.com without significantly impacting profitability....
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Benzinga’s Volume Movers (ASIA, CAGC, NVDA, SMED, NTRI)
Monday, December 7, 2009 - 3:23pm | 251Some of the stocks that saw extraordinary trading today morning are: AsiaInfo Holdings Inc (NASDAQ: ASIA) shares surged by 17.45% to $29.48. The volume of ASIA shares traded so far today has exceeded 668% above normal. ASIA had recently signed an agreement to buy China's Linkage Technologies...
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Bookkeeping: Weekly Changes to Fund Positions Year 3, Week 18
Monday, December 7, 2009 - 9:39am | 2437Year 3, Week 18 Major Position ChangesTo see historic weekly fund changes click here OR the label at the bottom of this entry entitled 'fund positions'.Cash: 74.9% (v 82.9% last week)24 long bias: 20.6% (v 12.5% last week) 4 short bias: 4.5% (v 4.6% last week) [includes 1 option position]28...
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Benzinga’s Top Downgrades (TTWO, CMCSA, AKS, NFLX, SWHC, FE)
Friday, December 4, 2009 - 10:50am | 219Take-Two Interactive Software, Inc. (NASDAQ: TTWO) has declined 33% to $7.29 on 4.98 million shares in the morning trading hours after Piper Jaffray downgraded TTWO to Neutral from Overweight. Comcast Corporation (NASDAQ: CMCSA) has gained 0.63% to $16.01 on 52K shares. Today, Credit Suisse...
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IDC IT Predictions 2010: Apple (AAPL) To Launch iPad, IBM (IBM)To Buy Juniper (JNPR)
Thursday, December 3, 2009 - 2:34pm | 354Its that time of the year again – IDC is all set to reveal its predictions for the IT industry in 2010. IDC expects Apple (NASDAQ: AAPL) to launch its much awaited touch screen tablet computer iPad in 2010. The product is expected to be designed like a oversized iPod Touch with an 8-inch or 10-inch...
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US Economy On the Rebound?
Thursday, December 3, 2009 - 12:06pm | 132The economic indicators seem to have picked up in the late fall, according to a survey by the Fed Reserve released Wednesday. Shoppers seem to have increased spending and industrial production was higher too. This trend is visible in the sales figures of Amazon Inc. (NASDAQ: AMZN) which had over 13...
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Stock Market News for December 03, 2009 - Market News
Thursday, December 3, 2009 - 10:19am | 391Stocks held on to previous session’s gains as an upbeat assessment of the economy from the Federal Reserve overshadowed a decline in banking and energy shares. The Dow Jones industrial average, struggling to find direction, slipped from its 14-month high as investors turned their focus towards...