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Benzinga's Top Downgrades (JCI, MMM, NFLX, WY)
Wednesday, December 8, 2010 - 8:57am | 129Johnson Controls Inc (NYSE: JCI) was downgraded by Deutsche Bank from "buy" to "hold." JCI's shares closed at $39.00 yesterday Johnson Controls' trailing-twelve-month ROA is 4.27%. 3M Company (NYSE: MMM) was downgraded by Goldman from "buy" to "neutral." MMM's stock closed at $84.19 yesterday. 3M's...
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Top 4 Small-Cap Stocks In The Consumer Services Industry With The Highest EPS Estimates (UNF, MNRO, UTA, NTRI)
Wednesday, December 8, 2010 - 4:29am | 147Below are the top small-cap consumer service stocks on the NYSE and the NASDAQ in terms of earnings estimate for the next year. The earnings estimate for Unifirst Corporation (NYSE: UNF) for the next year ending August, 2012 is $ 3.73 per share. UNF's PEG ratio is 1.30. Monro Muffler Brake Inc (...
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Mad Money Lightning Round: Cramer Likes Macy's, Motricity (NFLX, JCOM, MOTR, RVBD, CRUS, M, WMT, UNG)
Wednesday, December 8, 2010 - 4:02am | 266On CNBC's Mad Money, Jim Cramer said during the Lightning Round that the CFO of Netflix (NASDAQ: NFLX) has “just resigned. We need to wait to learn more. I want you to sell half your position." For j2 Global Communications (NASDAQ: JCOM), he said, "This is an original cloud computing play but I...
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Netflix Continues To Slide In After Hours
Tuesday, December 7, 2010 - 6:19pm | 52Shares of Netflix, Inc. (NASDAQ: NFLX) continue to fall in after hours trading, down more than 4% on news its CFO left the company. At last check, shares of NFLX were off $8.21 to $181.60, a loss of 4.33%.
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Netflix Down After-Hours Following CFO Departure (NFLX)
Tuesday, December 7, 2010 - 5:58pm | 97Shares of Netflix Inc. (NASDAQ: NFLX) are down hard in the after-hours trade after the company announced that Chief Financial Officer, Barry McCarthy would be departing. Shares of Netflix are currently lower by 3.06%, trading at $184.00. The stock closed the regular session lower by 1.89%, at $189...
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Netflix Down On CFO Departure
Tuesday, December 7, 2010 - 5:41pm | 59Netflix, Inc. (NASDAQ: NFLX) is down 3% in after hours after the company announced that its CEO is leaving and will be replaced from within. CFO Barry McCarthy is being replaced by David Wells, who has worked in the company's finance department before. Shares of NFLX are down $5.78 to $184.03, a...
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Netflix Announces Departure of CFO Barry McCarthy
Tuesday, December 7, 2010 - 5:33pm | 51Netflix, Inc. (Nasdaq: NFLX) today announced the appointment of company finance veteran David Wells as its chief financial officer to succeed outgoing CFO Barry McCarthy, who has expressed a desire to pursue broader executive opportunities outside the company. The change is effective December 10.
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Amazon Announces Increased Availability for Kindle Books
Tuesday, December 7, 2010 - 4:03pm | 150Amazon (NASDAQ: AMZN) announced that Kindle for the Web will expand to enable anyone with access to a web browser to buy and read full Kindle books – no download or installation required. For the first time ever, bookstores, other retailers, authors, bloggers and other website owners will be able...
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Amazon.com Introduces Windowshop for the Chrome
Tuesday, December 7, 2010 - 4:01pm | 97Amazon.com (NASDAQ: AMZN) today announced that Windowshop is available starting today in Google's (NASDAQ: GOOG) new Chrome Web Store. Like Amazon Windowshop for the iPad, Windowshop for the web offers a completely new browsing interface that is optimized for the speed and fluidity of modern web...
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A New Chapter in Google Books - Analyst Blog
Tuesday, December 7, 2010 - 2:33pm | 786Google Inc's (GOOG) online bookstore is likely to hasten the digitization of paperbacks and hard covers, dramatically increasing the availability of online books. In addition to the 200,000 odd titles from leading publishers, such as Random House, Penguin Group, Simon & Schuster and Pearson...
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A New Chapter in Google Books - Analyst Blog
Tuesday, December 7, 2010 - 2:03pm | 786Google Inc's (GOOG) online bookstore is likely to hasten the digitization of paperbacks and hard covers, dramatically increasing the availability of online books. In addition to the 200,000 odd titles from leading publishers, such as Random House, Penguin Group, Simon & Schuster and Pearson...
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Cord-Cutting: A 2011 Prediction on Cable's Demise - Voice of the People
Monday, December 6, 2010 - 6:30pm | 602Zacks' Voice of the People Highlights user MightyMo: "Cord-Cutting: A 2011 Prediction on Cable's Demise" from the People & Picks community. For more Voice of the People, visit http://at.zacks.com/?id=5851 Featured Post Cord-Cutting: A 2011 Prediction on Cable's Demise Young people are pretty...
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Cord-Cutting: A 2011 Prediction on Cable's Demise - Voice of the People
Monday, December 6, 2010 - 6:16pm | 602Zacks' Voice of the People Highlights user MightyMo: "Cord-Cutting: A 2011 Prediction on Cable's Demise" from the People & Picks community. For more Voice of the People, visit http://at.zacks.com/?id=5851 Featured Post Cord-Cutting: A 2011 Prediction on Cable's Demise Young people are pretty...
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Consumers Continue Shopping Online - Analyst Blog
Monday, December 6, 2010 - 3:09pm | 493The recession, job cuts and poorer purchasing power notwithstanding, U.S. consumers have retained their appetite for spending. Thus says latest data from ComScore, which has disclosed online spending estimates for the first phase of the 2010 holiday season. Although the heaviest days were...
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What's Hot on TheStreet
Monday, December 6, 2010 - 1:38pm | 292Here's what Benzinga's reading on our friend, TheStreet.com. What's Hot On TheStreet 3 ETFs to Play U.S., South Korea Trade Pact The free-trade agreement between the United States and South Korea, which when executed will be the largest value of trade volume in the world since the North American...