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Oppenheimer On CES 2016: 'More Evolution Than Revolution,' Best Buy A Compelling Value Play
Friday, January 8, 2016 - 2:11pm | 418Analysts at Oppenheimer attended the annual Consumer Electronics Show (CES 2016) this week. In a report issued Friday, Brian Nagel, Dan Farrell and David Bellinger shared their takeaways from the event; they saw “new categories emerging, but overall more evolution than revolution....
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Netflix Gains On Expansion News, But Some Still Wary
Thursday, January 7, 2016 - 10:20am | 482On Wednesday, Netflix, Inc. (NASDAQ: NFLX) shares rose nearly 10 percent after the firm announced that it had launched streaming services in 130 new countries including key markets like Russia, India and South Korea, according to the Financial Times. The TV streaming service has already had a...
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Can Fitbit's Blaze Compete?
Thursday, January 7, 2016 - 9:53am | 413This week, Fitbit Inc (NYSE: FIT) unveiled its latest product, a fitness smart watch, at the Consumer Electronics Show (CES 2016) in Las Vegas. The new watch, called the Blaze, appeared to fall flat with investors, as many wondered whether the firm's attempt to cross over into the smartwatch market...
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6 Reasons Under Armour Is Still A Buy After CES Unveilings
Thursday, January 7, 2016 - 9:12am | 498Shares of Under Armour Inc (NYSE: UA) have appreciated 19.49 percent over the past one year, from a low of $64.65 on January 15, 2015. Brean Capital’s Eric Tracy has maintained a Buy rating on the company, with a price target of $110. Following the presentation and Q&A session...
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BlackBerry Announces New Partnership With Sharecare At CES 2016
Wednesday, January 6, 2016 - 3:30pm | 215BlackBerry Ltd (NASDAQ: BBRY) announced at CES 2016 a new partnership with Sharecare, a digital health and wellness engagement platform. As part of the new partnership, BlackBerry and Sharecare will provide consumers with better and more secure insights into their health by combining Sharecare...
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Winners And Losers (So Far) From CES 2016
Wednesday, January 6, 2016 - 3:24pm | 348Several companies have emerged as big winners during the 2016 Consumer Electronics Show, while investors punished others. Winners Shares of Netflix, Inc. (NASDAQ: NFLX) surged higher by more than 6 percent on Wednesday after the company's CEO, Reed Hastings, took center stage at CES and...
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NeuroMetrix Announces FDA Clearance For Upgraded Version Of Quell, Shares Surge
Wednesday, January 6, 2016 - 2:22pm | 199Shares of Neurometrix Inc (NASDAQ: NURO), a healthcare company that develops wearable medical technology, announced during CES 2016 it received clearance from the U.S. Food and Drug Administration for an upgraded version of Quell, a chronic pain relief wearable. Neurometrix also confirmed the...
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Netflix Goes Global, Enters 130 Countries
Wednesday, January 6, 2016 - 2:13pm | 246Shares of Netflix, Inc. (NASDAQ: NFLX) spiked higher early Wednesday afternoon after the company announced it will launch its service globally. Netflix confirmed in a press release it will simultaneously bring its network to more than 130 new countries across the world. The initial announcement...
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Under Armour Makes A Splash At CES 2016
Wednesday, January 6, 2016 - 2:12pm | 463Under Armour Inc (NYSE: UA) began as an apparel company that aimed to "change the way that athletes dress," but at the Consumer Electronics Show (CES 2016) in Las Vegas this week, the firm unveiled its latest project — to "change the way athletes live." Together with HTC, Under Armour has...
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Ford To Create Driverless Cars In A League Of Its Own
Wednesday, January 6, 2016 - 10:30am | 370On Tuesday, Ford Motor Company (NYSE: F) CEO Mark Fields remarked that he expects to see driverless cars hit the roads within the next five years. However, the catch was that those cars won't be bearing a Ford emblem. Fields was referring to companies like Daimler AG (OTC: DDAIF) and Tesla Motors...
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Morgan Stanley On Fitbit: Pullback Creates Buying Opportunity
Wednesday, January 6, 2016 - 9:48am | 423Fitbit Inc (NYSE: FIT) shares have declined 42.52 percent over the past six months, dropping almost to their 52-week low from January 5, at $24.30. Morgan Stanley’s Katy L. Huberty has maintained an Overweight rating on the company, with a price target of $99. Huberty believes the...
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Wearables And Driving Assistants Among Garmin's Newly Unveiled Products
Tuesday, January 5, 2016 - 4:12pm | 360Garmin Ltd. (NASDAQ: GRMN) unveiled new products focusing on driver awareness and wearables at this year's CES show in Las Vegas, adding to its recently expanded product line. Shares of Garmin have reached a high of $37.34 and fell to a low of $36.80 thus far into Tuesday's trading session. Recent...
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FBR Increasingly Positive On Microsoft Following Windows 10 Adoption Data
Monday, January 4, 2016 - 3:43pm | 346Microsoft Corporation (NASDAQ: MSFT) announced on Monday morning, ahead of tech event CES 2016, that 200 million devices have adopted and are now running on Windows 10 – its latest OS, launched last July. After the upbeat announcement, FBR & Co. analyst Daniel H. Ives decided to...
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Struggling Tech Names Trading Higher Prior To CES Conference
Monday, January 4, 2016 - 3:07pm | 210The International Consumer Electronics Show is one of the biggest trade shows in the world, attracting a bevy of businesses and people. The conference is taking place from January 6-9 in Las Vegas. Interestingly, shares of GoPro Inc (NASDAQ: GPRO) and 3D Systems Corporation (NYSE: DDD) were...
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CES 2016 Expected To Be Huge For Drones, Virtual Reality And Wearables
Monday, December 28, 2015 - 12:25pm | 444This year’s CES kicks off next week in Las Vegas. FBR expects that virtual reality, drones and wearables will be key themes at this year’s show. The firm expects that device integration will be a primary focus of the next wave of wearable software. Next week, FBR & Co...