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Jefferies Comments On Shutterfly Following Tiny Print Acquisition; Raises PT To $49
Tuesday, March 22, 2011 - 8:33am | 171Jefferies views Tiny Print's acquisition positively given that: it strengthens Shutterfly's (NASDAQ: SFLY) competitive position by adding a strong differentiated brand, it expands the company's market share in a rapidly growing segment, and positions SFLY to realize meaningful cost synergies over...
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Morgan Keegan Raises PT On Shutterfly To $50
Tuesday, March 22, 2011 - 8:13am | 26Morgan Keegan has raised the price target on Shutterfly (NASDAQ: SFLY) from $46 to $50 and maintains its Outperform rating.
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Benzinga's Top Pre-Market NASDAQ Gainers (NFLX, SPPI, ZION, GLNG)
Tuesday, March 22, 2011 - 8:10am | 164Benzinga's Top Pre-Market NASDAQ Gainers (NFLX, SPPI, ZION, GLNG) Netflix Inc (NASDAQ: NFLX) rose 3.60% to $220.51 in the pre-market session. NFLX's trailing-twelve-month ROE is 65.75%. Spectrum Pharmaceuticals Inc (NASDAQ: SPPI) added 3.03% to $8.15 in the pre-market session. SPPI reported that...
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Jefferies & Company Raises PT On Shutterfly, Inc
Tuesday, March 22, 2011 - 7:32am | 23Jefferies & Company Raises PT On Shutterfly, Inc. (NASDAQ: SFLY) From $42 To $49 And Maintains Buy Rating
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Apple Sues Amazon over App Store Trademark (AAPL, AMZN)
Tuesday, March 22, 2011 - 6:33am | 165Apple Sues Amazon over App Store Trademark (AAPL, AMZN) Apple (NASDAQ: AAPL) has sued Amazon.com (NASDAQ: AMZN) over the right to use the company's App Store trademark, court filings show. Filed in California federal court last week, the lawsuit accused Amazon.com of improperly using Apple's App...
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Shutterfly to Acquire Tiny Prints, Inc.
Monday, March 21, 2011 - 4:02pm | 74Shutterfly, Inc. (NASDAQ: SFLY) announced today that it has entered into an agreement to acquire Tiny Prints, Inc., a privately-held company based in Sunnyvale, CA. Tiny Prints operates tinyprints.com and weddingpaperdivas.com, two fast growing ecommerce brands offering stylish cards, invitations...
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Shutterfly Halted (SFLY)
Monday, March 21, 2011 - 4:01pm | 12Sutterfly Halted (NASDAQ: SFLY)
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Netflix Built On "House Of Cards" (NFLX)
Friday, March 18, 2011 - 2:06pm | 191Today Netflix (NASDAQ: NFLX) announced it would be getting first-run episodes of the TV series, "House of Cards," starring Academy Award winning actor Kevin Spacey. It was speculated earlier in the week that Netflix would get the distrubtion deal, as it continues to seek ways to generate revenue...
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Leading Nasdaq Stocks Lagging (AAPL, GOOG, AMZN)
Friday, March 18, 2011 - 12:58pm | 124The large-cap darlings of the Nasdaq are lagging the broader markets badly during Friday's rally. Shares of Apple Computer (NASDAQ: AAPL), the most loved and owned stock in the world, are down 0.73% to $332.19 on the session. Google (NASDAQ: GOOG) is hovering around the flatline at $561.93....
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What's The Market Saying About Best Buy? (BBY, VNO)
Friday, March 18, 2011 - 10:00am | 317Shares of Best Buy (NYSE: BBY) are slightly up today, gaining around 0.6%, but this is not indicative of the company's future. Pali research analyst Stacy Widlitz is on CNBC talking about how Best Buy had a slam dunk opportunity to grab market share, and missed it. When Circuit City filed for...
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Morgan Stanley Discontinues Coverage On DSCM, OWW
Friday, March 18, 2011 - 9:04am | 39Morgan Stanley has discontinued coverage on the following companies: drugstore.com (NASDAQ: DSCM) $1.75Orbitz Worldwide (NYSE: OWW) $3.51
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Monster Bounce, However, There Are Pockets Of Weakness
Thursday, March 17, 2011 - 3:30pm | 408Today, the major stock indexes are staging a very good rally. The advance higher in the market is broad based as most leading stock sectors are trading higher. However, there are pockets of weakness in the market that cannot be ignored today. These weak trading leading stocks could be signaling...
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Oppenheimer Notes On Netflix (NFLX)
Thursday, March 17, 2011 - 7:55am | 90Oppenheimer has reported on Netflix (NASDAQ: NFLX) successfully acquiring the rights to "House Of Cards" over HBO and AMC. According to Oppenheimer, "Per Deadline Hollywood, Netflix successfully outbid HBO and AMC for the rights to House Of Cards, an adaptation of the successful 1990 British...
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Jefferies Reports QTD Trends Show Improving Hotels, Flat Air Travel On Expedia
Thursday, March 17, 2011 - 7:55am | 128In a report published by Jefferies, Expedia's (NASDAQ: EXPE) QTD trends show improving hotels and flat air travel. Jefferies said that overall, the trends for Jan/Feb show that travel demand continued to pick up, with the hotel segment seeing improving fundamentals (ADRs, occupancy) across all...
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Mad Money Lightning Round: Cramer Likes Netflix (HCBK, BAC, DIS, ES, SHAW, NFLX, LVS, F, ACW)
Thursday, March 17, 2011 - 2:26am | 351On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Hudson City Bancorp (NASDAQ: HCBK) is a “tough one.” He added, “This is a conservatively run company, but I cannot recommend it until we know what's going on with the dividend." For Bank of America (NYSE: BAC), he said, "Here's...