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What's Hot On TheStreet
Tuesday, April 5, 2011 - 2:12pm | 308Here's what Benzinga's reading on our friend, TheStreet.com. What's Hot On TheStreet 5 (Other) Reasons Small Businesses Fail There are many reasons why startups never get to reap the riches of a Google (NASDAQ: GOOG), Amazon (NASDAQ: AMZN), Chipotle (NYSE: CMG) or Starbucks (SBUX). 5 Spring...
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Expedia Resumes American Airlines Relationship
Tuesday, April 5, 2011 - 2:04pm | 260Expedia (NASDAQ: EXPE) shares are rising today after AMR Corp (NYSE: AMR) said it has reached an agreement with EXPE that will allow Expedia to offer American Airlines and American Eagle flights on its website. Expedia had pulled AMR fares from its site in December after AMR began pushing the use...
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Alert: Amazon Hits Key Resistance Point
Tuesday, April 5, 2011 - 1:13pm | 158Amazon.com, Inc. (NASDAQ: AMZN) is nicely higher today. The stock is trading at $185.39, +2.45 (+1.34%). Amazon was upgraded last week by an analyst at Morgan Stanley. However, at the high of the day the stock nailed a master level of resistance known as a gap fill going back February 18th, 2011....
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Amazon.com Named World's Most Reputable Company - Forbes (AMZN)
Tuesday, April 5, 2011 - 1:10pm | 30Amazon.com (NASDAQ: AMZN) was named the world's most reputable company, citing their ability to provide value to users, according to Forbes.
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Early Session NASDAQ Gainers (LULU, EXPE, CIEN)
Tuesday, April 5, 2011 - 11:43am | 119Among the Nasdaq stocks that are seeing buying interest on Tuesday are Lululemon (NASDAQ: LULU), Expedia (NASDAQ: EXPE), and Ciena Corp. (NASDAQ: CIEN). All of these moves are coming on heavy volume. LULU is up another 2.64% to $93.28, but is off of its highs for the session. This stock has risen...
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LivingSocial Could Be Worth $3.5 Billion
Tuesday, April 5, 2011 - 10:52am | 128LivingSocial has proved to be Groupon's most formidable foe. This week, TechCrunch confirmed the company's plans to raise up to $565 million in Series E financing. One hundred million shares will be authorized at $5.65 per share. TechCrunch says that LivingSocial's amended Certificate of...
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Is it Time to Change Your Strategy?
Tuesday, April 5, 2011 - 10:07am | 1968Well, March was an eventful month. We had the world's third-biggest economy suffer a massive earthquake and tsunami followed by an ongoing nuclear emergency. If that was not enough, the massive unrest in the Middle East has continued to spread. NATO is bombing the Libyan Army currently. Finally...
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Goldman Sachs Maintains Neutral on Expedia (EXPE)
Tuesday, April 5, 2011 - 9:26am | 145Goldman Sachs released its report yesterday on Expedia (NASDAQ: EXPE), maintaining Neutral. In a note to clients, Goldman Sachs writes, "American Airlines and Expedia jointly announced today that they had reached a 'memorandum of understanding' that allows for American Airlines tickets to be made...
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Justin Patterson, Analyst at Morgan Keegan, Says Priceline Is "Attractive At These Levels" -CNBC (PCLN)
Tuesday, April 5, 2011 - 9:25am | 55Justin Patterson, Analyst at Morgan Keegan, says Priceline (NASDAQ: PCLN) is "attractive at these levels" in an appearance on CNBC. Patterson says that earnings for Priceline will likely continue to grow at 30% for some time. He also says that Priceline is a low-cost leader across the board.
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Expedia Subsidiary Acquires Australian Travel Management Company
Tuesday, April 5, 2011 - 9:16am | 25Egencia, an Expedia, Inc. (NASDAQ: EXPE) company, announced today that it has completed its acquisition of Travelforce.
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Deutsche Bank Maintains Hold on Expedia (EXPE)
Tuesday, April 5, 2011 - 8:43am | 103Deutsche Bank released its report yesterday on Expedia (NASDAQ: EXPE), maintaining Hold. In a note to clients, Deutsche Bank writes, "American Airlines and Expedia announced today that they have reached a memorandum of understanding that will allow the companies to resume business together. While...
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Benzinga's Top Pre-Market NASDAQ Gainers (CBST, QCOR, EXPE, ONNN)
Tuesday, April 5, 2011 - 8:10am | 166Cubist Pharmaceuticals Inc (NASDAQ: CBST) rose 15.84% to $29.25 in the pre-market session. CBST settled a patent lawsuit with Teva Pharmaceuticals (NASDAQ: TEVA) associated to its Cubicin drug. Questcor Pharmaceuticals Inc (NASDAQ: QCOR) added 15.01% to $17.16 in the pre-market session. QCOR...
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UPDATE: Piper Jaffray Raising Price Target On Netflix (NFLX)
Tuesday, April 5, 2011 - 7:49am | 160Piper Jaffray is raising its price target on shares of Netflix (NASDAQ: NFLX) to $280 from $240, and is keeping its Overweight rating on shares. In a note to clients, Piper Jaffray writes, "Netflix has indicated that it will expand its international, streaming-only product to a second geography in...
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Piper Jaffray Raises PT On Netflix To $280
Tuesday, April 5, 2011 - 7:09am | 26Piper Jaffray has raised the price target Netflix, Inc. (NASDAQ: NFLX) from $240 to $280 and maintains its Overweight rating.
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US Stock Futures Down As Investors Await FOMC Minutes, ISM Services-Sector Data; National Semiconductor Shares Jump In Pre-Market Trading
Tuesday, April 5, 2011 - 6:37am | 451US stock futures are lower this morning, as investors are awaiting the release of the minutes of the latest Federal Reserve Open Market Committee (FOMC) meeting and ISM services-sector data. Futures for the Dow Jones Industrial Average dropped 29 points to 12,308.00, while those for the S&P 500...