Seeking Alpha

Shares of Shutterfly (SFLY +6.8%) gain amid estimates that its $23.8M purchase of Kodak's online...

Shares of Shutterfly (SFLY +6.8%) gain amid estimates that its $23.8M purchase of Kodak's online photo service could bring in $21M in extra revenue in 2012 alone. Investors seem to be latching on to the company's promise as a leading source for ordering prints and custom merchandise on the Internet - instead of fretting over the imposing impact of a Facebook-Instagram tie-up.
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