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Amazon Now Offers Kindle Textbook Rental
Monday, July 18, 2011 - 9:29am | 270Today, Amazon.com (NASDAQ: AMZN) announced the launch of Kindle Textbook Rental—now students can save up to 80% off textbook list prices by renting from the Kindle Store. Tens of thousands of textbooks are available for the 2011 school year from leading textbook publishers such as John Wiley &...
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Earnings Roundup
Monday, July 18, 2011 - 9:19am | 549PetMed Express Inc (NASDAQ: PETS) reported a 33% decline in its fiscal first-quarter earnings. PetMed Express reported its quarterly profit at $4.8 million, or $0.22 per share, down from $7.2 million, or $0.32 per share, in the year-earlier period. Its revenue dropped 1.1% to $74 million, while...
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UPDATE: PetMed Express Reports 33% Drop In FQ1 Earnings
Monday, July 18, 2011 - 8:37am | 68PetMed Express Inc (NASDAQ: PETS) reported a 33% decline in its fiscal first-quarter earnings. PetMed Express reported its quarterly profit at $4.8 million, or $0.22 per share, down from $7.2 million, or $0.32 per share, in the year-earlier period. Its revenue dropped 1.1% to $74 million, while...
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Hearing Netflix Downgraded by Pacific Crest
Monday, July 18, 2011 - 7:52am | 28@markflowchatter reports that Netflix (NASDAQ: NFLX) has been downgraded to Sector Perform.
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Evercore Partners Raises PT On Amazon.com To $270
Monday, July 18, 2011 - 6:10am | 27Evercore Partners has raised the price target on Amazon.com (NASDAQ: AMZN) from $215 to $270 and maintains its Overweight rating.
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Borders Facing Liquidation After Bidding Deadline Passes with No Offers
Monday, July 18, 2011 - 5:58am | 133Book retailer Borders Group Inc. is facing a possible liquidation of its operations, as the bankrupt company received no offers before the Sunday bidding deadline, The Wall Street Journal is reporting. Citing people familiar, The Journal noted that no offers were received before the 5 p.m. EST...
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Is Your Head in the Clouds? Are Your Stocks in the Clouds?
Saturday, July 16, 2011 - 12:39pm | 788Have you seen more ads on TV and in print about clouds and cloud computing? Cloud computing is having your programs and data stored remotely on a server in another location, instead of on your own individual computer. As long as you have an Internet connection, you can have a cheap old computer and...
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eBay Earnings Preview: Analysts Expect Rising Revenue
Friday, July 15, 2011 - 9:34am | 510eBay (NASDAQ: EBAY) earnings are coming up! Don't miss out: The company unveils its next round of earnings this Wednesday, July 20, 2011. Wondering what Wall Street is thinking ahead of eBay's lastest earnings numbers? Get the latest predictions in our essential guide to the company's second...
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Deutsche Bank Comments on Secondary Impacts from CA Internet Tax
Friday, July 15, 2011 - 7:23am | 133On Wednesday, June 29, 2011, Governor Jerry Brown signed into law legislation that will “require large out-of-state retailers to collect sales taxes on purchases that California customers make over the internet.” “The new statue applies to online sellers based out of state that have some...
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Top 4 Stocks In The Catalog & Mail Order Houses Industry With The Highest Cash
Friday, July 15, 2011 - 3:57am | 133Below are the top catalog & mail order houses stocks on the NYSE and the NASDAQ in terms of cash. Amazon.com Inc (NASDAQ: AMZN) had $6.88 billion in total cash and no debt for the latest quarter. eBay Inc (NASDAQ: EBAY) had $6.76 billion in total cash and $1.79 billion in total debt for the...
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Active Screen - CANSLIM: Top 8 for July 14th
Thursday, July 14, 2011 - 11:35am | 1466There was no change in the top-8 qualifying stocks from June 28th. The CANSLIM stock screener settings employed were: Top of the list remained Apple (AAPL). It continued its rally off channel support, not pausing as it broke through channel resistance. It is currently knocking at the door of the...
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Benzinga's Volume Movers
Thursday, July 14, 2011 - 10:37am | 136Universal Forest Products Inc (NASDAQ: UFPI) shares surged 20.65% to $29.04 at 10:35 am. The volume of UFPI shares traded was 708% higher than normal. UFPI reported Q2 profit of $4.3 million. Ultratech Inc (NASDAQ: UTEK) shares moved up 8.80% to $27.08. The volume of UTEK shares traded was 248%...
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Goldman Sachs Suggests Buying Options on Netflix
Thursday, July 14, 2011 - 9:37am | 149Goldman Sachs is out with a research report this morning, where it suggests that traders buy options on Netflix (NASDAQ: NFLX). Goldman Sachs Internet analyst Ingrid Chung rates NFLX shares Buy and sees 11% upside to her 6-month price target of $330. She notes that recent channel checks suggest...
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UPDATE: Wedbush Upgrades Nutrisystem to Outperform
Thursday, July 14, 2011 - 9:08am | 104Wedbush is out with its report today on Nutrisystem (NASDAQ: NTRI), upgrading NTRI from Neutral to Outperform. In a note to clients, Wedbush writes, "Raising rating to OUTPERFORM on easier comparisons, benefit from new product launches, improved competitive environment, and lower cost base....
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DirecTV and DISH Network Still Racing Higher
Thursday, July 14, 2011 - 8:03am | 501In the wake of news of Netflix's (NASDAQ: NFLX) price increase, satellite TV providers DirecTV (NASDAQ: DTV) and DISH Network (NASDAQ: DISH) reached new 52-week highs of $53.40 and $32.56 per share, respectively, in Wednesday's trading session. DirecTV has an active share buyback program, and...