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Stock Market & Financial Investment News

News Breaks
January 25, 2013
10:07 EDTSKS, CHMT, WPRT, EBAY, SRPT, OMCL, STRZA, RHT, PKOH, MMC, FOR, BRO, BXP, BIOS, BMR, AON, AMZN, ACT, ACNOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Accenture (ACN) initiated with an Overweight at Evercore... Actavis (ACT) initiated with an Overweight at Morgan Stanley... Amazon.com (AMZN) initiated with a Buy at ISI Group... Aon Corp. (AON) initiated with a Market Perform at Wells Fargo... BioMed Realty (BMR) initiated with a Neutral at Goldman... BioScrip (BIOS) initiated with a Buy at SunTrust... Boston Properties (BXP) initiated with an Overweight at Evercore... Brown & Brown (BRO) initiated with a Market Perform at Wells Fargo... Forestar Group (FOR) initiated with a Buy at DA Davidson... Marsh & McLennan (MMC) initiated with an Outperform at Wells Fargo... Park-Ohio (PKOH) initiated with an Outperform at Imperial Capital... Red Hat (RHT) initiated with an Outperform at Northland Securities... Starz (STRZA) initiated with a Sell at Stifel Nicolaus... Starz (STRZA) initiated with an Underweight at Evercore... Omnicell (OMCL) initiated with a Buy at Benchmark Co... Sarepta (SRPT) initiated with an Outperform at Cowen... eBay (EBAY) initiated with a Positive at Susquehanna... Westport Innovations (WPRT) initiated with a Market Perform at Raymond James... Chemtura (CHMT) initiated with a Buy at Sidoti... Saks (SKS) initiated with a Buy at Maxim.
News For ACN;ACT;AMZN;AON;BMR;BIOS;BXP;BRO;FOR;MMC;PKOH;RHT;STRZA;OMCL;SRPT;EBAY;WPRT;CHMT;SKS From The Last 14 Days
Check below for free stories on ACN;ACT;AMZN;AON;BMR;BIOS;BXP;BRO;FOR;MMC;PKOH;RHT;STRZA;OMCL;SRPT;EBAY;WPRT;CHMT;SKS the last two weeks.
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July 10, 2014
12:35 EDTAMZNFTC alleges Amazon billed parents for children's unauthorized in-app charges
Amazon has billed parents and other account holders for millions of dollars in unauthorized in-app charges incurred by children, according to a Federal Trade Commission complaint filed today in federal court. The FTC’s lawsuit seeks a court order requiring refunds to consumers for the unauthorized charges and permanently banning the company from billing parents and other account holders for in-app charges without their consent. According to the complaint, Amazon keeps 30% of all in-app charges. In its complaint, the FTC alleges that Amazon violated the FTC Act by billing parents and other Amazon account holders for charges incurred by their children without the permission of the parent or other account holder. Amazon’s setup allowed children playing these kids’ games to spend unlimited amounts of money to pay for virtual items within the apps such as “coins,” “stars,” and “acorns” without parental involvement.
11:52 EDTSRPTJanney Capital reiterates Sell rating on Sarepta
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11:50 EDTSRPTSarepta story correction issued by Wall Street Journal
The Wall Street Journal reported that its prior story, entitled "Sarepta to Submit Study on Muscular Dystrophy Drug to FDA Later Than Expected," at 9:12 a.m. EDT incorrectly suggested the decision to delay the application was unveiled Thursday. The Journal noted in its correction that the delay was previously reported. Reference Link
11:44 EDTAMZNAmazon ends all book discounts in France, WSJ reports
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11:16 EDTSTRZAStarz management to meet with Sterne Agee
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11:15 EDTSRPTSarepta shares defended at Stifel
11:10 EDTAMZNAmazon Web Services announces file sharing tool Zocalo
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11:09 EDTSRPTOptions with increasing implied volatility
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10:54 EDTSRPTSarepta shares defended at Needham
Needham said Sarepta weakness is unjustified and due to a confusing, inaccurate Wall Street Journal article that says the eteplirsen NDA is delayed. THe analyst said Sarepta maintains the NDA will be filed by 2014 year end and reiterates its Buy rating and $52 price target.
10:05 EDTMMC, AONOn The Fly: Analyst Initiation Summary
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10:02 EDTSRPTSarepta tumbles, levels to watch
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09:36 EDTAMZNActive equity options trading on open
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09:35 EDTRHTRed Hat, Google collaborate on open standard for Docker containers at scale
Red Hat (RHT) and Google (GOOG) are collaborating to drive a new open standard around orchestrating Docker containers, a standard for application packaging in containerized environments, at scale for the management of cloud application deployments, Red Hat announced in a post to its corporate website. Reference Link
08:34 EDTSRPTSarepta plans to submit long-term eterplirsen results as part of NDA by year-end
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08:32 EDTSRPTSarepta says on track to initiate several new studies of eteplirsen
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08:32 EDTSRPTSarepta reports long-term outcomes from Phase IIb Eteplirsen study
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07:32 EDTAMZNNews Corp. owned HarperCollins looks to bypass Amazon with new site, FT says
News Corp.'s (NWSA) book publishing unit, HarperCollins, relaunched its U.S. website and is now selling books directly to readers, putting it in competition with one of its largest retailers, Amazon.com (AMZN), reported Financial Times. Reference Link
06:36 EDTAMZNAmazon e-book plan leaves authors in dilemma, Bloomberg says
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06:09 EDTAMZNAmazon Web Services partners with Cloudian
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06:00 EDTEBAYeBay repatriated cash likely to be used for M&A, says Piper Jaffray
Piper Jaffray believes a large part of the $9B in cash eBay expects to repatriate to the U.S. will be used for acquisitions in the payments space. The cash, equating to $6B net of taxes, could help eBay take advantage of the shift to mobile payments, the firm says. Piper lists Square, VeriFone (PAY), iZettle and Corduro as companies in the payment space that are within acquisition range for eBay. The firm has an Overweight rating on eBay with a $63 price target.
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