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Thursday's Stocks to Watch, Jun 02
Wednesday, June 1, 2011 - 6:42pm | 1932( click to enlarge ) Today Netflix, Inc. (NASDAQ:NFLX) shares made a new all time high of 273.64, but closed down $3.54 at 267.26. Currently on the daily chart the RSI and Full Stochastics are showing overbought. We are now due for a pullback. Support lies at 264.40 yesterday's low then 254....
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Benzinga's After Hours Gainers
Wednesday, June 1, 2011 - 6:17pm | 130The U.S. stock market posted large declines on Wednesday amid widespread bearish sentiment on the heels of weak economic data. A few stocks are attempting to make back a portion of the day's losses in the after hours trading session. Among the late gainers are Orbitz (NYSE: OWW), CRH PlC (NYSE: CRH...
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AirTran Airways Partners With Expedia Affiliate Network
Wednesday, June 1, 2011 - 3:36pm | 80Expedia® Affiliate Network, a division within the Expedia, Inc. (NASDAQ: EXPE) group dedicated to private label partnerships, announced a partnership today with AirTran Airways, a subsidiary of Southwest Airlines Co (NYSE: LUV). AirTran customers can now book hotels or vacation packages...
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Benzinga's Political Roundup June 1, 2011
Wednesday, June 1, 2011 - 12:18pm | 126SAC Capital Advisors LP is being probed by the SEC to see if traders used inside information to profit from the takeover of MedImmune Inc. in 2007. The F.D.A. is reviewing some birth control pills because of potential health consequences. The California State Assembly has approved a bill that...
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Joseph C. Park Appointed as Bluefly COO
Wednesday, June 1, 2011 - 7:30am | 27Bluefly, Inc. (NASDAQ: BFLY) today announced that Joseph C. Park has been appointed as Chief Operating Officer, effective May, 31 2011.
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Steve Jobs to Present at Apple Event Next Week, iCloud to be Unveiled
Wednesday, June 1, 2011 - 6:28am | 191Apple (NASDAQ: AAPL) fans around the world are again ramping up excitement for the company's coming product event next week, which will feature CEO Steve Jobs. Apple announced on Tuesday that Jobs and his executive team will showcase iCloud, its cloud services offering. The product is widely...
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eDiets.com Announces Reverse Stock Split Effective June 1
Tuesday, May 31, 2011 - 4:01pm | 164eDiets.com, Inc. (NASDAQ: DIET) today announced that it has filed a Certificate of Amendment to its Certificate of Incorporation to effect a 1-for-5 reverse stock split of its common stock that will become effective at 9:00 a.m. Eastern Time on June 1, 2011. The reverse stock split, which was...
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iCloud: Apple's Perfect Storm Against Dropbox, Google, and Amazon Cloud?
Tuesday, May 31, 2011 - 2:48pm | 875A storm is coming next week. But will it turn out to be the tornado feared by Apple (NASDAQ: AAPL) competitors, or merely a rainstorm that only cools things off temporarily? Neither outcome would be unprecedented. Despite its many success stories, Apple is not an infallible corporation. While the...
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Top Performing Industries For May 31
Tuesday, May 31, 2011 - 10:14am | 217At 10:10 am, the Dow rose 0.82% to 12,543.53, the broader Standard & Poor's 500 index moved up 0.73% to 1,340.88 and the NASDAQ composite index gained 0.72% to 2,816.98. The industries that are driving the market today are: Semiconductor - Specialized: This industry jumped 2.39% by 10:10 am....
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Oppenheimer Comments On IAC/InterActive Acquisition
Tuesday, May 31, 2011 - 7:30am | 137According to Oppenheimer, IAC/InterActiveCorp (NASDAQ: IACI) announced a voluntary public tender offer for all of the outstanding shares of Meetic S.A. at 15.00 euro per share in cash, a 12% premium to Friday's close. Oppenheimer said that Meetic is the European leader in online dating, operating...
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Is Cramer Right About Amazon?
Friday, May 27, 2011 - 10:38am | 120By Roger Choudhury, Lead Editor A month ago, Jim Cramer recommended Amazon.com (AMZN) on his April25, 26, and 27 shows. Since the April 25 close, Amazon is up by 4.2%. He then reiterated a buy for Amazon on May 10. Without the bells and whistles, we thought that we would break this one down for you...
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ETF Showdown: China Tech Titans
Friday, May 27, 2011 - 3:27am | 635Before LinkedIn (NYSE: LNKD) and Russia's Yandex (Nasdaq: YNDX) burst onto the scene with recent IPOs, it was China dominating the Internet IPO landscape with a spate of widely anticipated offerings that had investors feeling all Silicon Valley circa 1998 again. Perhaps one reason why investors...
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Bob Howard Likes Brake-pads & Shopping At Home
Thursday, May 26, 2011 - 3:48pm | 474Bob Howard who heads up KKR's (NYSE: KKR) Equity Strategies Group spoke at the Ira Sohn Conference yesterday, and gave two stark investment ideas. Howard, formerly of Goldman Sachs, recommended Wabco (NYSE: WBC) and HSN, Inc. (NASDAQ: HSNI). Regarding Wabco, Howard said he believes the U.S. and...
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Amazon.com Reveals the Most Well-Read Cities in America
Thursday, May 26, 2011 - 9:18am | 844Amazon.com (NASDAQ: AMZN) announced its list of the Top 20 Most Well-Read Cities in America. After compiling sales data of all book, magazine and newspaper sales in both print and Kindle format since Jan. 1, 2011, on a per capita basis in cities with more than 100,000 residents, the Top 20...
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Five Stocks Kirstie Alley Might Pick Now That She Lost Dancing Crown
Wednesday, May 25, 2011 - 3:06pm | 507Every season, a series of mediocre B-listers and professional dancers pair off on Dancing with the Stars, shaking their can-can for judges and an American public that shows an appalling lack of insight into what constitutes talent. This season, football player Hines Ward took the crown away from...