News Breaks |
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| February 15, 2013 |
| 06:10 EDT |  | CAH, BRK.A, AAMRQ, EBAY, STZ, HNZ, WFC, AMZN, BUD, LCC, HLF | On the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: A flurry of acquisitions (AAMRQ, LCC, HNZ, BRK.A, BUD, STZ, CAH) announced yesterday suggests that major deal-making is back after a nearly six-year absence. The $40B-worth of deals struck Thursday brings the total value of M&A transactions announced since January to nearly $160B, the fastest start to a year since 2005, according to Dealogic, the Wall Street Journal reports...Lawmakers reintroduced legislation that could force Internet retailers (AMZN, EBAY) to collect sales taxes, the latest effort by states and the federal government to end what they call a handicap on brick-and-mortar businesses, the Wall Street Journal reports...REUTERS: Hedge fund manager William Ackman, who called Herbalife (HLF) a pyramid scheme, said the biggest risk in shorting the company was whether regulators would take time to focus on the matter. "Could we get the SEC, the FTC and the regulators around the world interested?," he asked, Reuters reports...Two midtown Manhattan skyscrapers owned by international real estate firm Hines are for sale, sources say, as sales of New York office buildings show signs of heating up, Reuters reports...BLOOMBERG: European Central Bank council member Jens Weidmann said an appreciating euro alone won’t trigger a cut in interest rates and the exchange rate’s gains are justified by the economic outlook, Bloomberg reports...Wells Fargo & Co. (WFC), expanding its securities unit to challenge its Wall Street competitors, is broadening U.K. commercial property lending as European banks are forced to retreat, Bloomberg reports. |
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News For A;BUD;STZ;CAH;AMZN;EBAY;HLF;WFC From The Last 14 Days Check below for free stories on A;BUD;STZ;CAH;AMZN;EBAY;HLF;WFC the last two weeks. |
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| May 24, 2013 |
| 08:19 EDT |  | CAH | Cardinal Health management to meet with Lazard Capital
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| 07:11 EDT | | AMZN | Google seems to be copying Amazon's moves, WSJ reports
Google (GOOG) increasingly appears to be following Amazon.com’s (AMZN) lead. Last year, Amazon rolled out AmazonSupply, an e-commerce site featuring industrial goods, and Google followed suit this January, reports the Wall Street Journal.Reference Link |
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| 06:10 EDT | | AMZN | On the Fly: Periodicals Wrap-Up
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| May 23, 2013 |
| 12:52 EDT |  | AMZN | Google cuts data storage prices
Google earlier today announced that it was reducing its Google App Engine data storage prices by up to 25%. Reference Link |
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| 10:38 EDT | | AMZN | Amazon.com makes Kindle Fire HD tablets available in over 170 countries
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| 07:13 EDT |  | EBAY, AMZN | Amazon.com eBay to see little impact from sales tax reform, says Bernstein
After the Senate passed a bill that would force all online retailers to collect sales tax, Bernstein thinks the impact of such a law on Amazon's (AMZN) gross profits would be "immaterial," while the bill would reduce eBay's (EBAY) EPS by less than 1% in 2014 if it becomes law. The firm keeps Outperform ratings on both stocks. |
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| May 22, 2013 |
| 13:56 EDT | | AMZN | Amazon.com to add 500 jobs in Web services unit, Washington Post says
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| 09:07 EDT | | AMZN | Amazon introduces 'Kindle Worlds' commercial publishing platform for fan fiction
Amazon Publishing announced Kindle Worlds, the first commercial publishing platform that will enable any writer to create fan fiction based on a range of original stories and characters and earn royalties for doing so. Amazon Publishing has secured licenses from Warner Bros. Television Group’s Alloy Entertainment division for its series Gossip Girl, Pretty Little Liars, and Vampire Diaries and plans to announce more licenses soon, the company said. Through these licenses, Kindle Worlds will allow any writer to publish authorized stories inspired by these Worlds and make them available for readers to purchase in the Kindle Store. Amazon Publishing will pay royalties to both the rights holders of the Worlds and the author. |
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| 09:02 EDT | | WFC | Financials upgraded to Overweight from Market Weight at Wells Fargo
Wells Fargo believes that financials' earnings continue to be the strongest of any sector in the S&P 500. The firm thinks that the sector's stocks appear to be breaking out from a technical standpoint. Citigroup (c) and Ameriprise Financial (AMP) are on the firm's priority list. |
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| 06:31 EDT | | HLF | Icahn up $228M, Ackman down $10M on Herbalife, NY Post reports
Carl Icahn's long position in Herbalife (HLF) is up $228M while Bill Ackman's short position in the company is down $10M, New York Post reports. Reference Link |
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| May 21, 2013 |
| 14:25 EDT | | EBAY | RadioShack to introduce PayPal in all stores this month, Reuters says
RadioShack (RSH) will introduce PayPal, the online payment system owned by eBay (EBAY), in all of its retail stores starting this month, reports Reuters. Reference Link |
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| 12:16 EDT | | HLF | Herbalife resumes, up 3.5% to $50.95 after naming PwC as auditor
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| 12:13 EDT | | HLF | Herbalife selects PricewaterhouseCoopers as auditor, PwC to re-audit prior years
Herbalife announced that the Audit Committee of its Board of Directors has engaged PricewaterhouseCoopers as the company's independent auditors. PwC will commence work immediately to re-audit the company's consolidated financial statements for the fiscal years ended December 31, 2010, 2011 and 2012 and PwC will also review the company’s condensed consolidated financial statements for the first quarter of 2013. “We are very pleased to have engaged PwC to serve as the Company’s independent auditor. They will begin work immediately to re-audit the Company’s December 31, 2010, 2011 and 2012 consolidated financial statements. Investors should rest assured that the Company will be working to assist PwC in any way necessary to facilitate their work,” said the chairman of Herbalife’s audit committee Leroy Barnes. |
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| 12:07 EDT | | HLF | Herbalife engages PricewaterhouseCoopers as new audit firm
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| 11:56 EDT | | HLF | Herbalife trading halted, pending news
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| 10:06 EDT |  | HLF | Herbalife May weekly volatility spikes on sharp rally
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| 09:07 EDT | | AMZN | Amazon.ca introduces Amazon Cloud Drive for Canada
All customers get 5 GB of free storage. Additional storage plans start at C$10 a year, the company said. |
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| 07:26 EDT | | WFC | Barclays to host a conference
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| 07:16 EDT | | STZ | Constellation Brands volatility low after recent rally to record high
Constellation Brands (STZ) overall option implied volatility of 28 is below its 26-week average of 40 according to Track Data, suggesting decreasing price movement. |
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| 07:13 EDT | | WFC | U.S. bank mergers less likely this year, Bloomberg reports
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