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Amazon.com Reports EPS of $0.44 vs. $0.61 Estimate; Revenues $9.86M vs. $9.52B Estimate
Tuesday, April 26, 2011 - 4:07pm | 22Amazon.com (NASDAQ: AMZN) Reports EPS of $0.44 vs. $0.61 Estimate; Revenues $9.86M vs. $9.52B Estimate
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Investors And Online Retailers Anticipate Amazon Results (AMZN, AAPL, BKS)
Tuesday, April 26, 2011 - 3:39pm | 280Web retailer Amazon.com Inc (NASDAQ: AMZN) is scheduled to release its first quarter earnings following the market close today. Currently, Amazon is the top online retailer, which means people will be watching to see how it performs because of the implications it carries for the rest of the...
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UPDATE: Benchmark Raising Price Target On IAC/InterActiveCorp (IACI)
Tuesday, April 26, 2011 - 2:31pm | 122Benchmark Capital is raising its price target on shares of IAC/InterActiveCorp (NASDAQ: IACI) after it reported earnings. It's going to $36 from $34, and it has a Hold rating on shares. In a note to investors, Benchmark writes, "IAC surprised the street again with 22% y/y revenue growth driven by...
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Earnings Preview: Amazon (AMZN)
Tuesday, April 26, 2011 - 1:38pm | 146Amazon.com Inc. (NASDAQ: AMZN) is set to report earnings tonight, and everyone on Wall Street will be looking to see how much market share Amazon continues to take away in electronics, groceries, and videos. At last check, shares were off over 1% today, losing $3.32 to $182.11, a loss of 1.8%....
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Netflix Falls 6.50% On Weak Earnings Guidance (NFLX)
Tuesday, April 26, 2011 - 12:25pm | 103Shares of Netflix (NASDAQ: NFLX) have lost 6.53% on Tuesday after the company issued weaker than expected forward looking guidance yesterday after the closing bell. For the most recent quarter, NFLX exceeded Wall Street expectations. The company reported Q1 earnings per share of $1.11 on revenue of...
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Amazon and the Virtuous Tech Cycle (amzn, akam, svvs, llnw, nflx, ibm, intc)
Tuesday, April 26, 2011 - 11:55am | 846Corporate America kicked it up a notch last week. And the S&P 500 appears to be taking out resistance at 1,335. Bloomberg reports that 71% of the 188 MSCI World Index companies that have reported Q1 earnings have beaten earnings. Earnings from this group of...
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CEOWORLD Stocks Picks to Watch on 4/26/11 – NFLX, BIDU, ORCL, YRCW, KOG, SSN, AMZN, PZG, AIG, AMD, GS, POT…
Tuesday, April 26, 2011 - 10:05am | 1769Netflix, Inc. (NFLX)- Netflix, Inc. is a subscription service streaming movies and television episodes over the Internet and sending digital versatile discs (DVDs) by mail to more than 12 million subscribers. The Company's subscribers can watch unlimited movies and television episodes streamed to...
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Benzinga's Top Upgrades (JCI, OXY, PAAS, NFLX)
Tuesday, April 26, 2011 - 9:48am | 134Piper Jaffray upgraded Johnson Controls (NYSE: JCI) from “neutral” to “overweight.” JCI's shares closed at $39.60 yesterday. Johnson Controls' trailing-twelve-month revenue is $35.43 billion. Deutsche Bank upgraded Occidental Petroleum Corp (NYSE: OXY) from “hold” to ‘buy.” OXY's shares closed at...
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It Is One and the Same
Tuesday, April 26, 2011 - 9:37am | 721Figure 1 is a monthly chart comparing Netflix (symbol: NFLX) in blue with the i-Shares Silver Trust (symbol: SLV) in red. Figure 1. NFLX v. SLV/ monthly What a correlation! Both issues have gone parabolic, and they both started this nutsiness last August after Bernanke's Jackson Hole...
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It Is One and the Same
Tuesday, April 26, 2011 - 9:37am | 721Figure 1 is a monthly chart comparing Netflix (symbol: NFLX) in blue with the i-Shares Silver Trust (symbol: SLV) in red. Figure 1. NFLX v. SLV/ monthly What a correlation! Both issues have gone parabolic, and they both started this nutsiness last August after Bernanke's Jackson Hole...
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News Summary
Tuesday, April 26, 2011 - 9:35am | 221Shares of Ford Motor Co (NYSE: F) gained about 2.7% after the company reported upbeat Q1 results. Ford reported its quarterly earnings at $0.61 per share, up from $0.50 per share, in the year-earlier period. The company's revenue surged 18% to $33.1 billion. The company's adjusted profit for the...
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Jefferies Gives Earnings Preview On Expedia
Tuesday, April 26, 2011 - 9:32am | 209Normalized for external events such as the Japan quake, Expedia's (NASDAQ: EXPE) 1Q should come in slightly ahead of Street expectations, with healthy growth across all segments. Jefferies is maintaining a Buy/$31 PT. Expedia reports 1Q on Thu., April 28. Jefferies expects better than expected 1Q...
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UPDATE: Morgan Keegan Raises PT on Netflix to $267 (NFLX)
Tuesday, April 26, 2011 - 8:55am | 98Morgan Keegan is out with its report today on Netflix (NASDAQ: NFLX), raising its PT from $220 to $267. In a note to clients, Morgan Keegan writes, "Our price target of $267 reflects a P/E multiple of 40x 2012E non-GAAP EPS. While this is a premium to our coverage universe, we believe this is...
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UPDATE: Citi Raises PT on Netflix to $245 (NFLX)
Tuesday, April 26, 2011 - 8:45am | 90Citi is out with its report today on Netflix (NASDAQ: NFLX), raising its PT from $210 to $245. In a note to clients, Citi writes, "Based on new disclosures, we've revamped our model. We're extrapolating from record domestic rev, subs & margin trends and estimating peak $100MM International...
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UPDATE: Jefferies Color On NFLX Target Increase
Tuesday, April 26, 2011 - 8:32am | 106Jefferies, which raised its PT on shares of Netflix, Inc. (NASDAQ: NFLX), is providing some color on the stock. “Below-Street EPS guidance overshadows solid subs estimate for 2Q,” Jefferies writes. “Subs. guidance looks strong heading into 2Q at 25.4M at the midpoint vs. consensus of 24.9M. EPS...