For authors and book lovers all over the world, the news pertaining to the on-going dispute between a publishing company Hachette and the global online retailer Amazon.com, Inc. (NASDAQ:AMZN) might have been surprising. However, it might as well be revealed that this is not the beginning of the dispute but a culmination of stand-off between…
AMC Networks Inc (AMCX) Boost Its Revenue With The Acquisition
AMC Networks Inc (NASDAQ: AMCX) claimed that the company increased its revenue in the second quarter of 2014 because of the acquisition of Chellomedia earlier this year. According to the second quarter results, the company generated revenue of $522 million, which is 37.6% higher than the revenue for the same quarter of the last year.…
Is Netflix, Inc.(NASDAQ:NFLX) is Becoming More Predictable?
Last week Netflix, Inc.(NASDAQ:NFLX) struck a deal with AT&T Inc.(NYSE:T) whereby the streaming video provider will pay the telecom giant to ensure fast streaming speeds on AT&T’s networks, an AT&T spokesman announced. The spokesman said, “We reached an interconnect agreement with Netflix in May and since then have been working together to provision additional interconnect capacity to…
JP Morgan Correct on Bullish LinkedIn Corp (NYSE:LNKD) Call
LinkedIn Corp (NYSE:LNKD) was the topic this week of a Barron’s article titled, “A Gutsy Pre-Earnings Wager on LinkedIn” which highlighted JPMorgan analyst Douglas Anmuth’s positive outlook on this social media company prior to its earnings release. The article published late Tuesday talked about how Anmuth projected a good earnings report, solid financials overall and user growth…
Data Manipulation Shouldn’t Hurt Facebook Inc (NASDAQ:FB) Stock
In a research note issued this morning, Needham believes the economic consequences of Facebook Inc (NASDAQ:FB) manipulating emotional content will be minimal. They are maintaining their Buy rating on the stock and $80 price target. For one week in January of 2012, Facebook manipulated the news feeds of 689,000 of its users without their knowledge, whereby…
Netflix, Inc.(NASDAQ:NFLX) Shares Spike on Upgrade
Shares of Netflix, Inc.(NASDAQ:NFLX) are spiking after Morgan Stanley upgraded the stock and research firm Pacific Crest issued a positive take on the shares in separate notes to investors earlier today. The analyst set a $500 price target on the shares and recommended buying the stock on pullbacks. Netflix Stock Summary Netflix, Inc.(NASDAQ:NFLX) opened trading today as…
Stock Alert: Facebook Inc (NASDAQ:FB) Officially Launches Slingshot Photo App
Facebook Inc (NASDAQ:FB) announced on their blog today “We’re excited to introduce the second app from Facebook Creative Labs: Slingshot. Slingshot lets you quickly share everyday moments with lots of people at once.”
Facebook Inc (NASDAQ:FB) Not Infringing on ‘Web Diary’ Patents
Facebook Inc (NASDAQ:FB) Not Infringing on ‘Web Diary’ Patents.
Yelp Inc (NYSE:YELP) Shares Soar on OpenTable (NASDAQ:OPEN) Acquisition
Yelp Inc (NYSE:YELP) shares are up over 13.5% on Friday after Priceline (NASDAQ:PCLN) acquired peer OpenTable (NASDAQ:OPEN). At current price next resistance is at $74.90, the high of the day. Support is at $71.25. YELP Equity Analysis Yelp (NYSE:YELP) opened trading today as $65.84 and traded in the range of 71.83-75.68 today and saw over $16…
Company Update: Amazon.com Inc (NASDAQ:AMZN) – Amazon Announces Prime Streaming Music
On Thursday, Amazon.com Inc (NASDAQ:AMZN) added a music streaming service to its list of benefits for those holding an Amazon Prime membership. Prime Music features more than one million songs, with unlimited, ad-free listening at no extra cost to members. Read more here. Amazon.com Inc. (AMZN), currently valued at $149.97B, began trading this morning at $306.85.…