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Monday Market Movement - Meaty Beaty Big and Bouncy!!
Monday, November 15, 2010 - 2:44pm | 2596By Phil of Phil's Stock World POMO, POMO, POMO! The Fed is in all-out attack mode this week with $35Bn scheduled for release in the next 5 days. If that doesn't goose the markets, then I think we are screwed because people, $35Bn is A LOT of money for a week....
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Orbitz Worldwide Names Chief Technology Officer
Monday, November 15, 2010 - 2:00pm | 46Orbitz Worldwide, Inc. (NYSE: OWW) today announced that it has named Roger Liew Senior Vice President and Chief Technology Officer. Previously, Roger was vice president of technology at Orbitz Worldwide and group manager of the Intelligent Marketplace group.
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Amazon Takes Out Key Level
Monday, November 15, 2010 - 1:24pm | 152As the markets are hovering slightly higher on the day, Amazon.com, Inc. (NASDAQ: AMZN) is getting hit sharply. The stock is trading at $160.75, -4.93 (-2.98%). This stock has been a leader and it is rare to see it dropping with the Nasdaq is higher. Other leading tech stocks are also lower...
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Facebook Passes EBay In Value (EBAY)
Monday, November 15, 2010 - 1:19pm | 159Facebook has surpassed EBay (NASDAQ: EBAY) in terms of value, and is now the number three web property in the U.S., according to an article from Bloomberg. Facebook's stock is trading above $16 per share on Second Market, which is an exchange that trades shares of privately listed companies. This...
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Retail on the Rise? - Analyst Blog
Monday, November 15, 2010 - 11:30am | 1460Retail Sales were better than expected in October, and the numbers for September were revised higher. Total retail sales rose 1.2%, much better than the 0.7% consensus expectation, and are up 7.3% from a year ago. September was revised up from 0.6% growth to 0.7% growth, which makes the overall...
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Piper Jaffray Highlights Amazon As Top Share Gainer For Holidays
Monday, November 15, 2010 - 9:56am | 209With the holiday shopping season quickly approaching, Piper Jaffray is revisiting big-picture themes within eCommerce. It expects eCommerce sales to grow 15% in the 2010 holiday season after growing 11% in 2009. Total online retail sales grew 3% in the 2009 holiday season, according to comScore....
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Priceline.com, Inc. - Momentum
Monday, November 15, 2010 - 3:03am | 770Priceline.com, Inc. (PCLN) is one of the hottest momentum stocks on the Street right now, recently surging to a new all-time high at $428.10 after reporting excellent Q3 results that beat expectations. Throw in rising estimates and a bullish growth projection, and this Zacks #2 rank stock has...
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Netflix Signs Multi-Year Deal with Level 3
Thursday, November 11, 2010 - 9:01am | 158Level 3 Communications, Inc. (NASDAQ: LVLT) today announced that it has been selected to serve as a primary content delivery network (CDN) provider for Netflix, Inc. (NASDAQ: NFLX) to support the company's streaming functionality and to support storage for the entire Netflix library of content. As...
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Shutterfly Acquires WMSG - Analyst Blog
Wednesday, November 10, 2010 - 5:03pm | 347Shutterfly Inc. (SFLY), a leading Internet-based social expression and personal publishing service, announced that it acquired certain assets and liabilities of Dallas-based WMSG Inc. (WMSG) for $6 million of cash. WMSG is a privately held, digital direct marketing company. The acquisition will...
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Zacks Bull and Bear of the Day Highlights: Celgene, Skechers USA, Dean Foods, Priceline.com and JA Solar Holdings - Press Releases
Wednesday, November 10, 2010 - 11:33am | 1936For Immediate Release Chicago, IL – November 10, 2010 – Zacks Equity Research highlights: Celgene Corporation (CELG) as the Bull of the Day and Skechers USA (SKX) as the Bear of the Day. In addition, Zacks Equity Research provides analysis on Dean Foods Co. (DF), Priceline.com Inc (PCLN) and JA...
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Top Performing Industries For November 10 (TLK, CAJ, TSLA, NFLX)
Wednesday, November 10, 2010 - 11:24am | 186At 10:18 am, the Dow lost 0.60% to 11,278.18, the broader Standard & Poor's 500 index moved down 0.57% to 1,206.51 and the NASDAQ composite index fell 0.53% to 2,549.27. The industries that are still afloat in the market today are: Telecom Services - Foreign: This industry jumped 1.42% by 10:18...
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Akamai's Share Of Netflix Failing
Wednesday, November 10, 2010 - 9:03am | 126Goldman Sachs has published a research report on Akamai Technologies (NASDAQ: AKAM) following the results regarding the Netflix (NASDAQ: NFLX) account. In the report, Goldman Sachs writes "We believe the shift is about economics, not capabilities. We strongly believe that there are no video...
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Zings Of The Day (GS, PCLN, SLE)
Tuesday, November 9, 2010 - 5:02pm | 184Priceline.com (NASDAQ: PCLN) shares jumped today, gaining more than 8% on the back of strong earnings. It also had William Shatner to thank for the tremendous acting he does in the company's TV ads. It really is just Oscar caliber stuff. Sort of like "Ernest Goes To Camp" should've won an Oscar...
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Gold & Silver Continue Move 11-09-2010
Tuesday, November 9, 2010 - 2:42pm | 846Cusick's Corner As I mentioned yesterday, be prepared for consolidation. At this stage the market has some mythical force that is keeping the trend alive and strong. This overbought nature is real but the trend continues to sustain and it is tough to fade even in the face of over extension. The...
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Level Three Confirms Deal With Netflix (LVLT, NFLX)
Tuesday, November 9, 2010 - 2:34pm | 85According to CNBC, Level 3 Communications, Inc. (NASDAQ: LVLT) has confirmed it now has a deal with Netflix (NASDAQ: NFLX) to be its content delivery partner. LVLT took this deal away from Akamai (NASDAQ: AKAM), and shares of Level 3 are skyrocketing on the news. At last check, shares were up 15...