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Netflix Receives Negative Research Call (NFLX)
Friday, April 29, 2011 - 9:38am | 99Netflix (NASDAQ: NFLX) receives a negative research call today from a top-tier research firm. According to rumors, the shutdown of Playstation (NTDOY) networks will affect over 23 million Netflix subscribers, who may not re-subscribe via the Netflix website. Some of Benzinga's content may include...
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Jefferies Reiterates Its Buy On Expedia Following Positive Earnings
Friday, April 29, 2011 - 8:23am | 197Jefferies is reiterating its Buy rating and $31PT on Expedia (NASDAQ: EXPE) to reflect good 1Q and improving fundamentals on Hotels, which should translate into faster top-and-bottom line growth in 2H, solid growth in TripAdvisor, which bodes well for its planned spin-off, and attractive valuation...
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Expedia Reports Mixed Earnings Results (EXPE)
Thursday, April 28, 2011 - 5:35pm | 89Expedia (NASDAQ: EXPE) released its first quarter earnings results after the closing bell on Thursday. The company reported net income of $52.04 million or $0.19 per share, versus $59.40 million, or $0.20 per share in the year ago period. On an adjusted basis, EPS was $0.25 compared to $0.26 in...
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Expedia Reports EPS of $0.25 vs. $0.26 Estimate; Revenues $822.2M vs. $795.4M Estimate
Thursday, April 28, 2011 - 4:01pm | 21Expedia (NASDAQ: EXPE) Reports EPS of $0.25 vs. $0.26 Estimate; Revenues $822.2M vs. $795.4M Estimate
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Expedia Gets Ready To Report Earnings Results (EXPE)
Thursday, April 28, 2011 - 3:15pm | 154Online travel company Expedia (NASDAQ: EXPE) is set to report its first quarter earnings results after the closing bell on Thursday. Wall Street analysts are projecting that EXPE will report earnings per share of $0.26, which is in line with what the company reported in the year ago period....
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Wal-Mart's Core Shoppers Are Running Out Of Money
Thursday, April 28, 2011 - 2:39pm | 235Wal-Mart (NYSE: WMT) averages about 140 million shoppers each week in its U.S. stores and is considered a barometer of the health of consumers and the economy. Unfortunately, according to CEO Mike Duke, that health is still declining. "We're seeing core consumers under a lot of pressure," Duke said...
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Top Narrow Based Indexes For April 28 (IMAX, VTAL, SFLY)
Thursday, April 28, 2011 - 10:23am | 202By 10:20 am, the Dow Jones Industrial Average was up 10.29 points, or 0.08%, to 12,701.25, while the broader Standard & Poor's 500 index had gained 0.29 point, or 0.02%. The NASDAQ composite index fell 3.40 points, or 0.12%. Some of the narrow based indexes that are supporting the markets are...
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Benzinga's Volume Movers (LOOP, AVEO, REDF, SFLY)
Thursday, April 28, 2011 - 10:17am | 171LoopNet Inc (NASDAQ: LOOP) shares moved up 27.07% to $18.26 at 10:15 am. The volume of LOOP shares traded was 2572% higher than normal. CoStar Group Inc (NASDAQ: CSGP) agreed to buy LOOP for $860 million. AVEO Pharmaceuticals Inc (NASDAQ: AVEO) shares rose 4.36% to $14.35. The volume of AVEO...
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Stocks we are watching on 4/28- AMZN, LVLT, NFLX, BIDU, ORCL, YRCW, AMD, GS, POT, FCX, SNDK, IRE, AIB, CIGX, CTIC, AKAM, WFMI
Thursday, April 28, 2011 - 9:09am | 1328Amazon.com Inc. (AMZN) - Amazon.com Inc. (AMZN) broke out above $190 on Wednesday. AMZN will have resistance at $200. Pullbacks below $175 are a buy. Level 3 Communications Inc. (LVLT) - Level 3 Communications Inc. (LVLT) is back above $1.60. Level 3 Communications will have resistance at $1.85....
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UPDATE: Morgan Stanley Upgrades Shutterfly to Overweight (SFLY)
Thursday, April 28, 2011 - 9:03am | 143Morgan Stanley is out with its report today on Shutterfly (NASDAQ: SFLY), upgrading SFLY from Equal-weight to Overweight. In a note to clients, Morgan Stanley writes, "We upgrade Shutterfly to Overweight with a $70 price target. Long-term estimates are too low, as they exclude continued share...
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Overstock.com Reports EPS of $(0.02) vs. $(0.01) Estimate; Revenues $265.5M vs. $278.55M Estimate
Thursday, April 28, 2011 - 9:02am | 22Overstock.com (NASDAQ: OSTK) Reports EPS of $(0.02) vs. $(0.01) Estimate; Revenues $265.5M vs. $278.55M Estimate
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Jefferies Reports Better Than Expected 1Q11 For Shutterfly
Thursday, April 28, 2011 - 8:11am | 61In a report published by Jefferies, Shutterfly (NASDAQ: SFLY) saw better than expected 1Q11 results. Jefferies said that core is growing materially faster than competitors/ecommerce and the Tiny print acquisition will help accelerate that trend. “We're raising our PT to $63 and maintaining a...
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Piper Jaffray Raises PT On Shutterfly To $55
Thursday, April 28, 2011 - 7:37am | 26Piper Jaffray has raised the price target on Shutterfly (NASDAQ: SFLY) from $40 to $55 and maintains its Neutral rating.
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Jefferies Raises PT On Shutterfly To $63
Thursday, April 28, 2011 - 7:28am | 26Jefferies & Company has raised the price target on Shutterfly (NASDAQ: SFLY) from $49 to $63 and maintains its Buy rating.
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CEOWORLD Top Stocks to Watch for 4/28/11- MCP, HDY, KOG, TIV, SSN, PZG, AIG, SIRI, LVS, DRYS, FAZ, RIMM, CSCO
Thursday, April 28, 2011 - 5:40am | 1509Molycorp Inc. (MCP) - Molycorp, Inc. is the only REO producer in the Western Hemisphere and currently produces more than 3,000 metric tons of commercial rare earth materials per year. In addition to its rare earth mine and processing facility at Mountain Pass, California, Molycorp also owns a...