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Coinstar - Still a Short
Wednesday, March 2, 2011 - 11:12am | 432Our call on shorting Coinstar (NASDAQ: CSTR) was both timely and untimely. It was timely that the day of shorting it at $44/share, it promptly dropped to $42/share, although it then bounced back to close at $43.30/share. It was untimely that the next day it had a strong opening and shot up to...
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Amazon Threatens To Leave California (AMZN)
Wednesday, March 2, 2011 - 9:25am | 296Amazon (NASDAQ: AMZN) is threatening to leave behind its thousands of California-based advertising affiliates should the state government pass legislation require Amazon to get taxes on items sold to Californian residents. In a letter to California's Board of Equalization, Amazon said four bills...
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Four Trade Ideas for Wednesday, March 02
Tuesday, March 1, 2011 - 7:05pm | 2637( click to enlarge ) Technical analysis outlook for Las Vegas Sands Corp. (NYSE:LVS) remain bearish. Both stochastic analysis and MACD charts are flashing bearish outlook for the stock. The near-term outlook is negative and a move to the $41.30-42.80 range appears likely. Only a break above $46...
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Amazon.com to Open Online Android App Store - Bloomberg
Tuesday, March 1, 2011 - 2:23pm | 21Amazon.com (NASDAQ: AMZN) will open an online Android App store, Bloomberg reports.
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Long PFE At $19.39
Tuesday, March 1, 2011 - 12:57pm | 84Only one trade so far, and I took it in Pfizer (PFE). But I am looking at a few others that are very intriguing - Netflix (NFLX) is one of them, with it currently testing the 50-day moving average, it could see a sizable bounce. Here's the chart analysis and setup on PFE. Read more...
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U.S. Auto Parts Reports In-Line 4Q Despite Impact From eBay
Tuesday, March 1, 2011 - 10:03am | 174Piper Jaffray has published a research report on U.S. Auto Parts Network (NASDAQ: PRTS) after the company reported an in-line quarter despite negative impact from eBay (NASDAQ: EBAY) changes. In the report, Piper Jaffray writes "We believe investors could grow increasingly positive on shares of...
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U.S. Auto Parts Network, Inc. Reports Q4 EPS of $0.00 vs. $(0.01)
Monday, February 28, 2011 - 5:12pm | 150U.S. Auto Parts Network, Inc. (Nasdaq: PRTS) today reported net sales for the fourth quarter ended January 1, 2011 of $80.5 million compared with Q4 2009 net sales of $45.8 million. Excluding $25.5 million of revenues from the acquisition of J.C. Whitney, net sales were $55.0 million, an increase...
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If Priceline Harnesses Asian Growth, Shares Have Ample Upside
Monday, February 28, 2011 - 4:06pm | 178With Priceline's (NASDAQ: PCLN) stock gaining a staggering 1800% ($23 Jan 2006 to $440 in Jan 2011) since the beginning of 2006, it comes as no surprise that it has been recognized as the single best-performing stock in the S&P 500 over the past five years. Priceline is the second largest...
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Cramer: You Can't Own Netflix or Amazon.com Now (NFLX, AMZN)
Monday, February 28, 2011 - 3:44pm | 104This afternoon on CNBC, Cramer said that you can't own Netflix (NASDAQ: NFLX) or Amazon.com (NASDAQ: AMZN) now. Everyone “wants to write a negative article about Netflix or Amazon,” he said. “Don't stand in front of the freight train hitting high-multiple stocks.” When asked if the Kindle (which is...
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Classic Retrace In Progress
Monday, February 28, 2011 - 2:22pm | 254The markets are fading off the highs of the day as lingering global fears persist. In addition, this is a classic retrace back higher after the major drop last week. A retrace states that after a significant two or more day move, the market or stock making the move will jump in the opposite...
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Benzinga's Volume Movers (ARGN, OSTK, MALL, LGND)
Monday, February 28, 2011 - 11:42am | 164Amerigon Incorporated (NASDAQ: ARGN) shares moved up 9.76% to $12.71 at 10:40 am. The volume of ARGN shares traded was 1880% higher than normal. ARGN agreed to acquire a majority interest in W.E.T. Automotive Systems. Overstock.com Inc (NASDAQ: OSTK) shares rose 11.52% to $15.58. The volume of OSTK...
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Amazon Kindle 3G Coming to AT&T Stores
Monday, February 28, 2011 - 10:35am | 92AT&T (NYSE: T) today announced it will begin selling Amazon's (NASDAQ: AMZN) bestselling Kindle 3G in AT&T company-owned retail stores nationwide beginning March 6. Amazon's Kindle 3G continues to be powered by AT&T. AT&T will include Kindle 3G in its connected devices displays...
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Overstock.com Reports Q4 EPS of $0.55 vs. $0.43
Monday, February 28, 2011 - 10:03am | 33Overstock.com, Inc. (Nasdaq: OSTK) today reported financial results for the quarter ended December 31, 2010. Revenue: $348.9M vs. $322.4M (8% increase); Diluted EPS: $0.63/share vs. $0.55/share (15% increase).
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Piper Jaffray Gives Earnings Preview On U.S Auto Parts
Monday, February 28, 2011 - 9:37am | 183U.S. Auto Parts(NASDAQ: PRTS) will report December quarter earnings Feb. 28 after market close. It expects an in-line quarter with $80.1 million revenues and $0.00 EPS, essentially in line with the Street's $80.4 million and ($0.01) estimates. Looking out through FY11, we expect organic sales...
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Benzinga's Top Pre-Market NASDAQ Losers (STX, AMZN, FSLR, SPWRA)
Monday, February 28, 2011 - 9:23am | 118Seagate Technology Plc (NASDAQ: STX) dipped 3.74% to $12.35 in the pre-market session. Analysts at JP Morgan downgraded STX from “neutral” to “underweight.” Amazon.com Inc (NASDAQ: AMZN) fell 1.26% to $175 in the pre-market session. Analysts at UBS downgraded AMZN from “buy” to “neutral.” First...