February, 2011 Archive

Why I sold out of Netflix – J. Ward (NFLX)

Positions //

John Warn manages Covestor’s Precedent-Based portfolio, which combines fundamental analysis with technical indicators with the goal of minimizing risk. Once of John’s largest positions going into last week  (2/20 – 2/25/11) was Netflix (NFLX), but he liquidated the position throughout the week. We took the opportunity

Covestor.com Scheduled Maintenance

Covestor News //

Between February 26, 2011 and March 2, 2011 we will be upgrading our website and internal systems. On February 26 the Covestor.com website is expected to be offline for up to 2 hours between 5 am and 12 noon EST.  Between February 28 and March

Boeing Lands Deal, Shares Take Off (BA)

Uncategorized //

The Boeing Company (NYSE: BA) won a lucrative contract from the Air Force on Thursday for aerial fueling tankers. According to the New York Times: Pentagon officials said decision was based solely on price. Boeing’s bid was more than 1 percent below that of its

Salesforce.com Floating on the Cloud (CRM)

Uncategorized //

Enterprise cloud computing company Salesforce.com, Inc. (NYSE: CRM), issued its 4Q 2010 results Thursday, reporting double digit growth in revenue resulting from a 27% improvement in total customers for the year. Summary results from the company’s press release include: Raises FY12 Revenue Guidance to $2.03