-
Overstock.com Increases Debt Repurchase Program by $10M
Thursday, February 3, 2011 - 10:05am | 93Overstock.com, Inc. (Nasdaq: OSTK) announced today that its board of directors has authorized an increase to the Company's previously-announced Convertible Senior Notes repurchase program. The board authorized an approximately $10 million increase to the repurchase program for the purpose of...
-
Active Screen: CANSLIM for February 2nd
Thursday, February 3, 2011 - 9:54am | 1165Our CANSLIM screen from lat week introduced a new stock, Free McMoran (FCX) at the expense of Netflix (NFLX). It joined the other stocks, Apple (AAPL), Baidu (BIDU), Research in Motion (RIMM), Celgene Corporation (CELG), Cognizant Technology Solutions (CTSH), Southwestern Energy (SWN), Intuitive...
-
Morgan Keegan Upgrades Shutterfly To Outperform, PT To $46
Thursday, February 3, 2011 - 9:18am | 28Morgan Keegan has upgraded Shutterfly (NASDAQ: SFLY) from Market Perform to Outperform and has raised the price target from $34 to $46.
-
Benzinga's Top Pre-Market NASDAQ Gainers (NLST, SFLY, GMCR, SOLR)
Thursday, February 3, 2011 - 9:17am | 131Netlist Inc (NASDAQ: NLST) rose 22.22% to $2.64 in the pre-market session. NLST shares have dipped 41.94% over the past 52 weeks, while the S&P 500 index has gained 18.84% in the same period. Shutterfly Inc (NASDAQ: SFLY) added 20.14% to $41.22 in the pre-market session. SFLY reported upbeat...
-
Jefferies Raises PT On Shutterfly To $42
Thursday, February 3, 2011 - 9:06am | 26Jefferies & Company has raised the price target on Shutterfly (NASDAQ: SFLY) from $37 to $42 and maintains its Buy rating.
-
Deutsche Bank Reiterates IAC/InterActive Buy (IAC)
Thursday, February 3, 2011 - 9:02am | 126Deutsche Bank reiterated its IAC/InterActive (NASDAQ: IACI) Buy rating and maintained its $33.50 price target in a research report published today. In the report, Deutsche Bank states, "At 29% growth in 4Q and 22% growth in 2010, IAC's outperformance relative to its Internet media peers is starting...
-
A Peek Into The Market Before The Trading Starts
Thursday, February 3, 2011 - 8:49am | 456Pre-open movers US stock futures are mixed this morning, as investors are awaiting jobless-claims data and earnings report. Futures on the Dow Jones Industrial Average rose 7 points to 11,992 and S&P 500 futures fell 1.80 points to 1,298.20. Nasdaq 100 futures fell 1.75 points to 2,318. A Peek...
-
Piper Jaffray Raises PT on Shutterfly to $40 (SFLY)
Thursday, February 3, 2011 - 8:27am | 136Piper Jaffray is out with its report today on Shutterfly (NASDAQ: SFLY), raising its price target from $26 to $40. In its note to clients, Piper Jaffray writes, "Shutterfly reported a solid quarter with revenue of $166.2m, which was above the Street at $154.4m. GAAP EPS was $1.09 vs. Street...
-
Piper Jaffray Raises PT On Shutterfly To $40
Thursday, February 3, 2011 - 7:58am | 27Piper Jaffray has raised the price target on Shutterfly, Inc. (NASDAQ: SFLY) from $26 to $40 and maintains its Neutral rating.
-
Top Valentines Day Stocks
Thursday, February 3, 2011 - 12:56am | 760Most people know when Valentine's Day is, but in case you missed the memo, it is Monday, February 14, so if you haven't done the shopping for your Valentine, then you better get cracking. One option is to give a gift of shares of stock in companies that may produce Valentines Day related products....
-
DangDang Selling Kindle on the Website
Wednesday, February 2, 2011 - 2:40pm | 31E-Commerce China DangDang (NASDAQ: DANG) is selling Amazon (NASDAQ: AMZN) Kindle on the company's website.
-
Borders Bankruptcy, Barnes & Noble Buy? (BGP, GE, BKS, AMZN)
Wednesday, February 2, 2011 - 12:27pm | 450Borders Group (NYSE: BGP) may file bankruptcy as soon as next week, Bloomberg reported yesterday. If bankruptcy is imminent for the company, what is the next step for investors? As Benzinga readers know, Borders reached a tentative agreement with General Electric (NYSE: GE) last week for a new $550...
-
IAC/InterActive Reports 26 Cent Adjusted EPS (IACI)
Wednesday, February 2, 2011 - 8:28am | 177New York, New York-based IAC/InterActiveCorp. (Nasdaq: IACI) released financial results on Wednesday morning. IAC/InterActiveCorp announced 4th quarter net income of $87.0 million, or 90 cents per share, compared to a net loss of $1.04 billion, or $7.94 per share, a year earlier. Excluding special...
-
Movie Theaters Brace For Profit-Slashing Winter Storm (CNK, RGC, IMAX)
Tuesday, February 1, 2011 - 1:44pm | 355It looks like the number-one movie in America is getting a new competitor this week: a major snow storm. The Rite (from the Warner Bros. division of Time Warner Inc. (NYSE: TWX)) landed the top spot at the box office with $15 million. No Strings Attached (from Paramount (NYSE: VIA)) earned just...
-
Three Stocks That Should Now Be Avoided
Monday, January 31, 2011 - 2:19pm | 154I'm not saying sell them short, but here are three popular stocks I sure would neither buy nor hold at this point. They've had good runs, but are looking toppy on our technical charts and on their valuations and fundamentals. Amazon (NASDAQ: AMZN) is an amazing success story, one of the few dotcoms...