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CityGrid Media Launches New Advertising APIs
Thursday, June 23, 2011 - 12:59pm | 176CityGrid Media, an operating business of IAC (Nasdaq: IACI), today announced the general availability of three new advertising APIs for mobile and web developers. Easily accessible through the CityGrid developer center, the new Mobile Ads API, Web Ads API and Custom Ads API round out CityGrid's...
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Like Clockwork, the Same Go To Names
Thursday, June 23, 2011 - 12:25pm | 339Surprisingly my main watch list has a (relatively) decent amount of green on it today; just eyeballing it I have 40% of the names positive despite a -1.4% S&P day. Some strength out there in the networking space, "social media", apparel (knee jerk reaction to lower oil prices), auto suppliers...
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Youku.com Rumored to Have Possible Deal with Netflix
Thursday, June 23, 2011 - 10:13am | 52Youku.com (NYSE: YOKU) is going to have an upcoming CNBC appearance, and tweets are circulating regarding a possible deal the company might make with Netflix (NASDAQ: NFLX).
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Expedia and Kempinski Hotels Sign Global Partnership Agreement
Thursday, June 23, 2011 - 8:01am | 128Expedia, Inc. (NASDAQ: EXPE), the world's largest online travel company, today announced a new multi-year, global partnership agreement with Kempinski Hotels, Europe's oldest independent luxury hotel group. This agreement strengthens the long-standing relationship between Expedia and Kempinski,...
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A Peek Into The Market Before The Trading Starts
Thursday, June 23, 2011 - 7:33am | 379Pre-open movers US stock futures are lower this morning, after the Federal Reserve lowered its outlook for US economic growth. Futures on the Dow Jones Industrial Average dipped 51 points to 11,972.00 and futures on the S&P 500 stock index fell 7.10 points to 1,272.70. Nasdaq 100 futures...
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4 Stocks to watch out for today
Thursday, June 23, 2011 - 4:37am | 1580( click to enlarge ) Netflix, Inc. (NASDAQ:NFLX) failed to hold the support of $252.22 signaling room for further weakness in the near term. Keep watching the stock for a major downmove if it breaks the next support at $247.29 on a close basis. With this recent fall, the daily relative...
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Bank of America Merrill Lynch Sees Near 50% Upside In Priceline
Wednesday, June 22, 2011 - 8:29am | 116Bank of America Merrill Lynch has a Buy rating and a $650 price target on shares of priceline.com (NASDAQ: PCLN), as it believes there was a rebound in May in hotel usage in Europe. In a note to clients, Bank of America Merrill Lynch writes, "With Priceline down 10%+ since reporting 1Q earnings,...
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Bank of America Comments on How Customers View Rackspace and Amazon
Wednesday, June 22, 2011 - 7:59am | 184Customers that Bank of America spoke with thought of Rackspace Hosting, Inc (NYSE: RAX) and Amazon.com Inc. (NASDAQ: AMZN) “targeting somewhat different segments within the broader infrastructure market.” “Given the broader adoption of the infrastructure segment, it seems to us that there's room...
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Goldman Sachs Provides Takeaways on 1-800 Flowers From its Second Annual dotCommerce Day
Wednesday, June 22, 2011 - 7:29am | 1091-800-Flowers.com Inc. (NASDAQ: FLWS) recently tested a few daily deals campaigns (via Groupon) both in consumer floral and food (e.g. Fannie Mae chocolate deal in St. Louis) segments, “which it described as a practical (from a consumer awareness and financial stand point) way to drive thousands of...
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World's Biggest Hedge Fund to Launch a New $10 Billion Fund
Wednesday, June 22, 2011 - 7:06am | 281The world's largest hedge fund, Bridgewater Associates, is close to launching a new $10 billion hedge fund, the Wall Street Journal is reporting Wednesday. Bridgewater will now manage more than $100 billion in global investments for a wide variety of investors, including foreign governments and...
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Bank of America Raises PO On Priceline.com To $650
Wednesday, June 22, 2011 - 5:53am | 22Bank of America has raised the price objective on Priceline.com (NASDAQ: PCLN) to $650.
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An online world
Wednesday, June 22, 2011 - 1:01am | 713What does the future hold? If you knew with 100% certainty, your plans would be bombproof. You would have no need for earnings forecasts or market predictions. You'd never have to guess at anything. You'd have no need for dreams or what-if scenarios. Well, fortunately for all involved, that is not...
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Tech Takeoff
Tuesday, June 21, 2011 - 11:17am | 192All of the major stock market indexes are advancing higher this morning. The early market rally looks to be very broad based, however, the strongest index is the NASDAQ Composite. The NASDAQ Composite is trading higher by 1.70 percent, this is a substantial move higher compared to the other major...
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A Bite Out Of The Apple
Monday, June 20, 2011 - 10:51am | 249Apple Inc.(NASDAQ: AAPL) is one of the most highly followed and loved stocks by traders and investors. This morning, the innovative tech giant is coming under major selling pressure. The stock is trading lower by $8.12 to $312.07 a share. The stock has been under pressure since April 21, 2011 when...
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Stocks to Watch: Moving Average Indicators
Monday, June 20, 2011 - 3:31am | 626The “Golden Cross” is a major bullish technical indicator. It occurs when a stock's 50-day simple moving average crosses above its 200-day simple moving average. The “Golden Cross,” like most technical indicators, should never be used alone, but is a significant event to consider when evaluating a...