-
Bank of America Raises PO On Netflix To $325
Thursday, July 7, 2011 - 5:56am | 27Bank of America has raised the price objective on Netflix (NASDAQ: NFLX) from $275 to $325 and maintains its Buy rating.
-
Amazon updates Cloud Drive and Cloud Player: iPad support, unlimited music space, and free storage for Amazon MP3s
Wednesday, July 6, 2011 - 7:54pm | 1018Amazon just announced that it has made several enhancements to its Cloud Player and Cloud Drive services, which were first released in March of this year. First, Amazon revealed that anyone who signs up to these services for a limited time will receive unlimited space for music. That includes the...
-
Cloud Stocks Could Face Some Thunderstorms
Wednesday, July 6, 2011 - 10:43am | 328Cloud computing has really been one of the strongest sectors over the past year. Many of the leading cloud computing stocks have surged higher over the past year and still look very attractive. The short term problem with many of these leading names is that some of these stocks are overbought and...
-
Stocks To Watch For July 6
Wednesday, July 6, 2011 - 3:26am | 202Some of the stocks that may grab investor focus today are: DST Systems Inc (NYSE: DST) acquired the assets of IntelliSource Healthcare Solutions. The terms of the deal were not disclosed. DST shares gained 0.99% to close at $54.15 yesterday. Netflix Inc (NASDAQ: NFLX) announced its plans to...
-
Fast Money Picks For July 6th (SLV, CVX, EEM, NFLX, AAPL, SLW)
Tuesday, July 5, 2011 - 8:00pm | 310On CNBC's Fast Money, Brian Kelly said that he would buy iShares Silver Trust (ETF) (NYSE: SLV) on Wednesday. iShares Silver Trust (ETF) (SLV) gained 4.94% today, and it closed at $34.63. Mike Khouw is bullish on Chevron Corporation (NYSE: CVX), and he wants to use options to get long. Chevron...
-
Google May Release Travel Search Product Following ITA Acquisition
Tuesday, July 5, 2011 - 3:58pm | 156Back in April, Google's (NASDAQ: GOOG) acquisition of software airfare company ITA was approved by the Department of Justice. The purchase cost Google $700 million, but gave the internet giant access to powerful software used by companies such as Expedia (NASDAQ: EXPE) and Kayak. According to...
-
Netflix Soaring 7% On International Expansion
Tuesday, July 5, 2011 - 12:45pm | 128Netflix, Inc. (NASDAQ: NFLX) shares are surging today, as the company announced this morning it would be expanding into 43 international countries in Latin America, far more than anyone thought. The company announced it will expand its services to 43 countries in Latin America and the Caribbean,...
-
Netflix (NFLX) Surges Again on Deal to Serve Latin America and Caribbean
Tuesday, July 5, 2011 - 12:24pm | 422One had a rare chance to get onto the Netflix (NFLX) train during the mid month swoon in June, but as a leadership stock - once the market turned, Netflix gallops. This morning's news about a 43 country expansion has the shorts on fire again in this name - as an infamous commentator on financial...
-
Markets Digest As Tech Stock Leaders Roar
Tuesday, July 5, 2011 - 12:14pm | 246The market is pausing today after one of the biggest week long rallies in history. The Dow Jones Industrial Average gained over 6% last week, its biggest one week gain since July 2009. Today, the SPDR S&P 500 ETF (NYSE: SPY) is trading at $133.52, -0.40 (-0.30%). Volume is extremely light as...
-
Netflix Surges On Expansion Plans
Tuesday, July 5, 2011 - 11:25am | 84Shares of Netflix (NASDAQ: NFLX) are up 5.48% in early trade on Tuesday after the company announced it would expand its streaming video services to 43 countries in Latin America and the Caribbean. The stock is now trading near a new all-time high at $283.02. Netflix, Inc. (Netflix) is an Internet...
-
Benzinga's Volume Movers
Tuesday, July 5, 2011 - 10:42am | 160Immucor Inc (NASDAQ: BLUD) shares surged 30.20% to $26.99 at 10:40 am. The volume of BLUD shares traded was 8296% higher than normal. BLUD agreed to be bought by TPG Capital in a deal worth $1.97 billion or $27 per share in cash. Transglobe Energy Corp (NASDAQ: TGA) shares moved up 8.34% to $12.47...
-
Top Performing Industries For July 5
Tuesday, July 5, 2011 - 10:16am | 192At 10:15 am, the Dow rose 0.15% to 12,601.73, the broader Standard & Poor's 500 index moved down 0.01% to 1,339.56 and the NASDAQ composite index gained 0.17% to 2,820.74. The industries that are supporting the market today are: Music & Video Stores: This industry jumped 5.38% by 10:15 am...
-
Biggest Winners and Losers After the Opening Bell
Tuesday, July 5, 2011 - 10:09am | 180Winners: Yamana Gold (NYSE: AUY) is up over 4.50%, trading near $12 after gold rallied nearly 1%. Silver Wheaton (NYSE: SLW) is up over 4.30%, trading near $33.80 after silver rallied near 2.50%. Charter Communications (NASDAQ: CHTR) is up over 3.25%, trading near $56.95. Netflix (NASDAQ: NFLX...
-
Netflix Trading Trading over 4% Higher after Servicing Latin America
Tuesday, July 5, 2011 - 9:32am | 80Netflix, Inc. (Nasdaq: NFLX) today announced it will expand to 43 countries throughout Latin America and the Caribbean later this year, offering unlimited TV shows and movies streaming instantly over the Internet to TVs and computers for one low monthly subscription price. Netflix has been...
-
Netflix to Launch Service in Latin America and the Caribbean for Streaming TV Shows and Movies Later This Year
Tuesday, July 5, 2011 - 9:09am | 121Netflix, Inc. (Nasdaq: NFLX) today announced it will expand to 43 countries throughout Latin America and the Caribbean later this year, offering unlimited TV shows and movies streaming instantly over the Internet to TVs and computers for one low monthly subscription price. Netflix has been...