Benchmark Upgrades GSI Commerce To Buy

Benchmark Upgrades GSI Commerce To Buy. The Benchmark Company research analysts upgraded GSI Commerce (NASDAQ: GSIC) from a “hold” rating to a “buy” rating in its latest research report. They has raised its price target from $25 to $29 on GSI Commerce, which closed yesterday at $22.41.

In the report, Benchmark writes "Holiday ecommerce sales are off to a faster than expected start with the season to date up 12% y/y. We raised our domestic non-travel ecommerce spending estimate for 2010 from $141 billion to $143 billion, representing 10% y/y growth (prior 9%). Categories that drive GSI's revenue including Apparel, Healthy & Beauty, Toys and Sporting Goods should all post solid holiday gains. Although deep discounting, free shipping and price matching promotions remain prevalent, retail sales increased at an annual rate of 7.7% in November, indicating that, despite high unemployment at 9.8%, retail volumes are likely offsetting any pricing weakness, driving sales growth. GSI's comparable store sales could pace at around 20% y/y in 4Q10. We note that they incrementally lower take rates for GSI coused by GSI's ecommerce contracts include tiered pricing agreements and with higher volumes.

Jet Blue Flight Status

Jet Blue Flight Status . Jet Blue Airways (Nasdaq: JBLU) announced today plans to increase its map with everyday plan to Martha’s Vineyard, the good settlement history of New England summer time, as well as the 66th location acclaimed company.

JetBlue plans to offer everyday nonstop program between your winery and his house inside Ny City’s David Farreneheit. Kennedy International Airport about Memorial Day weekend through Work Evening.

Known for its premium service, JetBlue has offered connections to Martha’s Vineyard by Boston since 2007 in cooperation with its local partner, Cape Air.JetBlue new nonstop service to complete this year and the option to boost tourism and business by making access to the island even easier during the busy season.

JetBlue fresh nonstop plan to total in 2010 as well as the option to enhance travel and leisure as well as company by making usage of this tropical isle even easier through the active season.

Along with immediate access within The big apple, travelers have access to Winery a large number of places via JetBlue coming from JFK, such as Charlotte now, Chi town, La, Hands Beach, Pittsburgh, Raleigh, San francisco bay area as well as Wa, Electricity

Agendas as well as fares for JetBlue’s new program will be for sale in January.

“We tend to be therefore excited in which JetBlue is introducing immediate support from The big apple towards the vine this particular early spring,” stated Nancy Gardella, professional director with the Martha’s Vineyard Holding chamber of Business. “This service may have a tremendous impact on the quantity of individuals globally who will have the ability to get to Martha’s Vineyard and revel in the beauty. JetBlue provided a huge boost towards the economic system according to tourism from the island. ”

“We are happy to bring the actual JetBlue plan to Martha’s Vineyard was following,” said Dork Barger, JetBlue’s CEO, throughout a service at the international airport today coming from Martha’s Vineyard. “With our own plane tickets without stop service to New York contacts across the country, plus the premium support supplied by our own folks, we feel this particular new route is a fantastic triumph for the island residents and summer.”

JetBlue’s flights will be operated by its quiet and fuel efficient 100-seat Embraer 190 – the only full-service jet pruning, and the only offer in-flight entertainment with Live DIRECTV ® and XMSatellite Radio programming each seat. The E190 offers roomy all-leather seats, legs in the industry, as well as unlimited free snacks and beverages served by JetBlue’s friendly, award-winning crew.

For 20 years, Martha’s Vineyard passengers have benefited from Cape Air MOKA ** HAGoTDI service mark,” said Cape Air CEO Dan Wolf. “We look forward to continue working with our partner, JetBlue, which offers same level of service and unique corporate culture, with connections to the national level for the vines throughout the year.”

JetBlue also serves neighboring Nantucket during the summer and in cooperation with Cape Air provides connections from Boston to Hyannis and Provincetown, Mass., which travel to Cape Cod and the Islands a wind throughout the year. With frequent jet service to Boston, Burlington, Vermont, Hartford, Conn., and Portland, Maine, JetBlue is among the largest carriers in New England.

with increased cooperation hopefully this service can improve our service to customers