Todd Rosen

Amazon.com Hits A 10-Year High--Adding $8B To Its Market Cap!

Amazon.com (AMZN) has popped $19 or 20% this morning to $122.77. Investors and traders are gobbling up Amazon.com as it continues to steal market share from other retailers online and offline. AMZN is included in our aggressive growth portfolio and our price target is $120. Investors are buying Amazon after it reported great earnings and gave guidance above wall street estimates.

Dole Foods (DOLE) Begins Trading

Dole Foods (DOLE) Begins Trading

Tibco Software (TIBX) Rising On Rumors Of Interest From SAP

Tibco Software (TIBX) is up 2.5% on rumors from Deal Reporter that SAP AG (SAP) may have an interest in Tibco. Tibco Software is trading up 2.74% in early morning trading.

Warren Resources Trading Down 10% After Offering

Warren Resources (Nasdaq:WRES) is tradind down approximately 10% this morning after pricing a secondary offering. Warren Resources priced 11.77 million shares in a spot secondary. Warren Resources is pricing these shares at $2.60 a share. BMO Capital and RBC Capital are underwriting the WRES offering.

Benzinga's Top 5 Pre-Market Gainers (AMZN, MSFT, SYNA, COF, BUCY)

Benzinga's top 5 pre-market gainers are plenty of four letter symbols. The top 5 pre-market gainers include: Amazon.com (Nasdaq:AMZN) up 17%, Microsoft (Nasdaq:MSFT) up 10%, Synaptics Incorporated (Nasdaq:SYNA) rising 9.7%, Capital One (NYSE:COF) up 9.3% and Bucyrus International Inc. (Nasdaq:BUCY) up 7.17%. Amazon.com, Microsoft, Synaptics and Bucyrus had knock out earnings and will likely continue their momentum. Bucyrus raised FY09 revenue guidance to $2.6 billion to $2.65 billion from previous guidance of $2.5 billion, versus consensus view on Bucyrus of $2.57 billion.

UQM Technologies Prices 7.5 Million Shares At $4 (UQM)

UQM Technologies (AMEX:UQM) prices 7.5 million shares in a secondary At $4 per share. UQM Technologies, Inc. has yet to trade in the pre-market. UQM Technologies, Inc. is a developer and manufacturer of electric motors.

Microsoft (MSFT) Approaching Benzinga's $30 Price Target Earlier Than Expected

Earlier this week, Benzinga analysts recommended you pick up shares of Microsoft Corporation (Nasdaq: MSFT) before it released Windows 7 this week and ahead of its earnigns report. In fact, the Benzinga analyst said, "MSFT may soon be trading back in the $30 range..."

GlaxoSmithKline (GSK) Says H1N1 Vaccine Worked Really Well In Kids

GlaxoSmithKline (NYSE:GSK) says 1 dose of its adjuvanted H1N1 vaccine worked really well in small number of kids 6 months to 3 years. The FDA has not yet given the okay on the GlaxoSmithKline vaccine.
Posted in

Microsoft Says Windows And XBox Exceed Expectations

Microsoft (Nasdaq:MSFT) says windows and XBox exceed all expectations.
Posted in

Netflix (NFLX) Exceeds EPS View By 6c

It appears the economy has not hurt the dvd rental market as Netflix (Nasdaq: NFLX) exceeded both the earnings and revenue estimates. Netflix Q3 EPS of $0.52 beat the analyst view by $0.06. NFLX revenue of $423M vs. $420M. Subscriber acquisition cost $26.86 per addition vs. $32.21 a year ago.