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Benchmark Raises PCLN Target From $466 To $504
Wednesday, December 22, 2010 - 9:28am | 95This morning, Benchmark reports that Priceline (NASDAQ: PCLN) appears well-positioned to benefit from the steady, ongoing recovery in travel demand with solid growth in the US and Western Europe through Priceline.com and Booking.com augmented by rapid expansion in Eastern Europe, South America and...
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Benchmark: Expedia To Benefit From Domestic Travel Demand In 2011
Wednesday, December 22, 2010 - 9:25am | 150Expedia, Inc. (NASDAQ: EXPE) should benefit from the ongoing recovery in domestic travel demand in 2011, Benchmark reports. “Revenue margin is likely to see at least some modest expansion through an accelerating ADR recovery and moderating airfare spikes as capacity slowly comes back online,”...
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Orbitz Down 3% Pre-Market
Wednesday, December 22, 2010 - 9:03am | 22Orbitz (NYSE: OWW) is down 3% pre-market after American Airlines pulls ticket listings from site.
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ThinkEquity Upgrades PCLN To Buy
Wednesday, December 22, 2010 - 8:18am | 50Analysts at ThinkEquity upgrade priceline.com Incorporated (NASDAQ: PCLN) from “hold” to “buy.” The target price for PCLN has been raised from $450 to $530. PCLN shares gained 0.41% to close at $407.00 yesterday. More Analyst Ratings here
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Piper Jaffray Raises PT On Amazon.com
Wednesday, December 22, 2010 - 7:32am | 22Piper Jaffray has raised the price target on Amazon.com (NASDAQ: AMZN) from $168 to $204.
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Quick Take on Arm Holdings plc
Wednesday, December 22, 2010 - 1:47am | 963“Dude, what do you think of ARMH?” “Is that the company with tablet chips that Microsoft (MSFT) said it would develop applications for?” “Dude, I don't know. There was some big news today. What do you think?” Here was my response: On the basic quantitative level, nothing stands out about ARM...
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Porter Bibb Says Normal Analyst Metrics Don't Apply to Netflix (NFLX)
Tuesday, December 21, 2010 - 4:05pm | 102In an interview on Bloomberg, Porter Bibb, managing partner at Mediatech Capital Partners LLC talked about the idea that normal metrics from analysts don't apply to Netflix Inc. (NASDAQ: NFLX). Recently, Netflix CEO Reed Hastings has publicly asked T2 Partners LLC co-founder Whitney Tilson to stop...
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Amazon Selling Kindle's Like Hotcakes (AMZN)
Tuesday, December 21, 2010 - 3:44pm | 30Amazon.com (NASDAQ: AMZN) is on pace to sell eight million kindle readers this year. Last check price of AMZN was $18.84, up .84%.
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Google TV Suffers Setback - Analyst Blog
Tuesday, December 21, 2010 - 3:00pm | 732Google Inc.'s (GOOG) Google TV has now been around long enough for the geeks to play around with it. And they have come back with disappointing reviews. While most were excited at the concept of wedlock between the TV and Internet, the marriage itself looks destined to be challenging. An...
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Google TV Suffers Setback - Analyst Blog
Tuesday, December 21, 2010 - 2:43pm | 732Google Inc.'s (GOOG) Google TV has now been around long enough for the geeks to play around with it. And they have come back with disappointing reviews. While most were excited at the concept of wedlock between the TV and Internet, the marriage itself looks destined to be challenging. An...
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Benzinga's Political Roundup (NFLX, AMZN, RINO)
Tuesday, December 21, 2010 - 1:07pm | 143The FCC is poised to change the rules of Net Neutrality forever, which many feel will hurt companies like Netflix (NASDAQ: NFLX), Skype and Amazon.com (NASDAQ: AMZN). Hedge funds may escape oversight from the Federal Reserve, as many are being deemed not big enough to take down the financial system...
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TRANSALTA CORP (TAC) - Profit Tracks
Tuesday, December 21, 2010 - 12:03pm | 625Since inception in 1988, the S&P 500 has outperformed the Zacks #5 Rank List - Stocks to Sell Now by 80% annually (+2% versus +10%). While the rest of Wall Street continued to tout stocks during the market declines of the last few years, Zacks told investors which stocks to sell or avoid...
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Top Performing Industries For December 21 (JBL, RCL, AMED, NFLX)
Tuesday, December 21, 2010 - 11:18am | 191At 10:16 am, the Dow gained 0.27% to 11,508.63, the broader Standard & Poor's 500 index moved up 0.33% to 1,251.17 and the NASDAQ composite index rose 0.37% to 2,659.38. The industries that are driving the market today are: Printed Circuit Boards: This industry jumped 3.09% by 10:16 am. The top...
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Online Holiday Buying Up 12% (AMZN, EBAY)
Tuesday, December 21, 2010 - 10:51am | 90A video from Bloomberg discusses how online spending has been up sharply this year, and its potential benefits for companies like Amazon.com (NASDAQ: AMZN), eBay (NASDAQ: EBAY), and other internet based retailers. Shares of Amazon are up 53 cents to $183.82 in early Tuesday trading, while EBAY is...
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Company News for December 21, 2010 - Corporate Summary
Tuesday, December 21, 2010 - 10:36am | 944• Toronto-Dominion (NYSE:TD) announced plans to acquire Chrysler Financial for $6.3 billion • Royal DSM said it would acquire Martek Biosciences (NASDAQ:MATK) for $1.09 billion, or $31.50 per share • Alpha Natural Resources (NYSE:ANR) has shown interest for Massey Energy (NYSE:MEE) • According to...