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Blue Nile Sinks on Q2 Earnings
Thursday, August 4, 2011 - 5:04pm | 204Shares of Blue Nile (NASDAQ: NILE) are trading lower in the after-hours following the release of the company's Q2 earnings results. Currently, shares are lower by 5.30%, trading at $34.65; they ended the regular session lower by 8.23%, at $36.59. Blue Nile reported Q2 EPS of $0.19 on revenues of...
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Priceline.com Rockets Higher on Q2 Earnings Beat
Thursday, August 4, 2011 - 4:41pm | 195Shares of Priceline.com (NASDAQ: PCLN) are trading higher in the after-hours following the release of the company's Q2 earnings results. Currently, shares are higher by 11.31%, trading at $538.01; they ended the regular session lower by 7.40%, at $483.34. Priceline.com reported Q2 EPS of $5.49 on...
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Always a Bull Market Somewhere: Priceline.com (PCLN) Up Some 12%+ In After Hours
Thursday, August 4, 2011 - 4:41pm | 449Priceline.com (PCLN) continues to awe and amaze - cannot believe I sold this one in the $200s a few years back thinking it had run its course. The chart below is deceiving as the stock fell 7.4% to $483 during regular hours and is currently trading in the mid $530s in after hours. The company...
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Netflix Makes Deal with Lionsgate UK as it Prepares for UK Launch -Deadline.com
Thursday, August 4, 2011 - 1:58pm | 61Netflix (NASDAQ: NFLX) has signed a multi-year exclusive output deal for first pay TV rights with Lionsgate , according to Deadline.com. It will be the first competition that Rupert Murdoch's Sky has faced in the Pay TV movie business in the UK for over a decade. Neither Netflix or Lionsgate UK...
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Is It Time To Put The TV Into Sleep Mode?
Thursday, August 4, 2011 - 12:34pm | 594DIRECTV (NASDAQ: DTV) reported earnings that beat Wall Street estimates this morning, but accompanied by a massive sell-off in equities and weaker than expected internals, shares are plunging, more than 6% today. The El Segundo, Calif.-based company reported second earnings of 91 cents per share...
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Is There A Nook And A Crack In The Deal For Barnes & Noble?
Thursday, August 4, 2011 - 11:42am | 637Back in early May, Liberty Media (NASDAQ: LCAPA) announced it had put an offer to Barnes & Noble, Inc. (NYSE: BKS) to buy 70% of the company, at $17 per share. Initially shares of Barnes & Noble spiked on the news, moving towards $20 per share, higher than the initial bid. Then some got...
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Who Will Replace Kraft in the Dow Jones Industrial Average? -Street Insider
Thursday, August 4, 2011 - 11:31am | 111With Kraft (NYSE: KFT) splitting into two companies, it is possible it will be removed from the Dow Jones Industrial Average. Apple (NASDAQ: AAPL) is considered the favorite as the next Dow component, but other possibilities include Google (NASDAQ: GOOG), Amazon.com (NASDAQ: AMZN), Pepsi (NYSE: PEP...
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Hotel Reservations Pioneer Bob Diener Talks Growth, Innovation, and New Beginnings
Thursday, August 4, 2011 - 7:48am | 822Before broadband, before social media, before most of the world had signed online, Bob Diener was there, exploring the future. Diener is responsible for building the world's leading hotel reservation websites. He is most well known for co-founding Hotels.com and Getaroom.com, but his career spans...
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A Peek Into The Market Before The Trading Starts
Thursday, August 4, 2011 - 7:28am | 400Pre-open movers US stock futures are lower this morning, as investors are awaiting earnings from General Motors Co (NYSE: GM) and weekly jobless claims data. Futures for the Dow Jones Industrial Average dipped 70 points to 11,748.00 and S&P 500 index futures fell 8.60 points to 1,245.90. Nasdaq...
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Amazon Web Services Announces Global Rollout of Amazon Virtual Private Cloud
Thursday, August 4, 2011 - 6:58am | 87Amazon Web Services LLC, an Amazon.com company, (NASDAQ: AMZN), today announced new capabilities for customers designed to support the security, network management, dedicated connectivity, and identity management requirements of enterprises when deploying mission-critical applications in the cloud...
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4 Stars For The Network That Brought You "Two & Half Men"
Wednesday, August 3, 2011 - 1:29pm | 725CBS (NYSE: CBS) continues to deliver solid, if not spectacular results and this quarter is no exception, with Les Moonves' team continuing to find new ways to monetize old content. With the NFL coming back, CBS's deals with Amazon (NASDAQ: AMZN) and Netflix (NASDAQ: NFLX) the company has been a...
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CBS Makes Old New
Wednesday, August 3, 2011 - 10:19am | 94(TheStreet) -- Star Trek and I Love Lucy are making CBS (NYSE: CBS) an emerging winner in the media space. The media conglomerate reported profit more than doubled in its second quarter, lifted by its domestic streaming content deal with Netflix (NASDAQ: NFLX) which rakes in new money for old...
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What To Do With Stock Weakness?
Tuesday, August 2, 2011 - 10:35pm | 795Now that the debt ceiling had been raised, we are finally seeing some weakness in stocks, with S&P down more than 3% since a deal between the Senate and the House was reached on Sunday. While some people might see this as a big drop, S&P actually is just back to the beginning of the year,...
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Judge Orders Zediva's DVD Rental Service to Shut Down
Tuesday, August 2, 2011 - 9:57pm | 83Zediva's has been ordered to cease operation by Judge John F. Walter. Citing irreparable damages to the video-on-demand market and movie studios, the federal judge found Zediva's business in violation of studios' exclusive right to public performance of copyrighted works. Zediva had used a loophole...
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Overstock.com Announces Court Ruling Denying RICO Amended Complaint
Tuesday, August 2, 2011 - 9:14pm | 192Overstock.com, (NASDAQ: OSTK) today announced that the court in its prime broker lawsuit denied the company the right to file an amended complaint to include a claim under New Jersey's Racketeering Influence and Corrupt Organization Act. Overstock.com began the process to amend to include the...