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Stock Market & Financial Investment News

News Breaks
July 7, 2014
06:28 EDTMCD, SBUX, MSFT, AAPL, FIATY, AMZNAmazon's Luxembourg operations included in EU tax inquiry, WSJ reports
According to a source familiar with the situation, the EU's inquiry into the tax treatment of multinational firms has spread to Amazon's Luxembourg operations, as well as other companies operating in the country, the Wall Street Journal reports. EU regulators previously said they had opened formal investigations into the tax practices of Apple (AAPL) in Ireland, Starbucks (SBUX) in the Netherlands and a Fiat (FIATY) unit in Luxembourg. Joaquin Almunia, the EU's antitrust chief, says the investigation could include Google (GOOG) if expanded. Thefly notes that Bloomberg recently reported that Luxembourg has been questioned by the EU about its tax agreements with McDonald's (MCD) and Microsoft (MSFT). Reference Link
News For AMZN;AAPL;SBUX;FIATY;MSFT;MCD From The Last 14 Days
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June 18, 2015
08:04 EDTAMZN, MSFTGoogle accelerating pace of cloud product innovation, says Baird
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07:09 EDTAAPLAlmost 20% of Apple Watch buyers have purchased spare band, Reuters says
Nearly 20% of Apple Watch buyers have also purchased a spare band for the watch, Reuters reports, citing data from Slice Intelligence. Slice estimates that Apple has sold 2.79M watches as of mid-June, the report says. The data shows that approximately 17% of Apple Watch shoppers have purchased more than one band, with the entry level sports brand as the highest seller at $49, Reuters says. Other popular bands are the quilted leather loop at $149 and the stainless steel link bracelet for $449. Reference Link
06:48 EDTMSFTGoogle, Microsoft, Mozilla announce WebAssembly partnership, TechCrunch says
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06:41 EDTMSFTMicrosoft's Jo Harlow leaves company in realignment, The Verge reports
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06:10 EDTMSFTMicrosoft writedown for Nokia now more likely, says Jefferies
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June 17, 2015
14:42 EDTAAPLOption volume leaders
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13:43 EDTAMZNAmazon.com says 30-minute delivery by drone on the horizon, AP reports
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11:02 EDTSBUXStarbucks confirms plans to close all 23 La Boulange retail locations
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10:25 EDTAAPLApple iPhone estimates raised at BofA/Merrill
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10:11 EDTMSFTMicrosoft aligns engineering team, Chief Insights Officer to leave
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09:46 EDTMSFTJefferies to hold company meetings at E3 Expo
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09:40 EDTAAPLActive equity options trading on open
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09:36 EDTAAPLActive equity options trading on open
Active equity options trading on open: AAPL FB AMD ADBE TWTR BABA QIHU NFLX BAC
09:16 EDTAMZNAmazon.com introduces new Kindle Paperwhite
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09:08 EDTAMZNFedEx says properly identified delivery people an 'important issue'
FedEx (FDX) executives, responding to a question about "a prominent user of parcel services," likely referring to Amazon.com (AMZN), reportedly exploring its own solutions for delivery, said that "what a lot of people lose in this conversation" is that setting up a transportation network is extremely capital intensive, requires very sophisticated information technology and takes a very long time to build out to scale. FedEx also said that "research has indicated time and time again that a uniformed person with proper identification showing up at your doorstep is an important issue for customers" and that the consistency of customer experience is very critical. FedEx noted that it will continue to monitor these situations, but that it feels "pretty comfortable in terms of our strategy going forward and our ability to serve the e-commerce market and our customers."
07:29 EDTAAPLApple Music offering high revenue rate to attract indie labels, Billboard says
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07:24 EDTAMZNHouse Oversight & Government Reform Committee to hold a hearing
The Committee holds a hearing entitled, "Drones: The Next Generation of Commerce?" with Michael Whitaker, Deputy Administrator of the FAA, Brian Wynne, CEO of Association for Unmanned Vehicle Systems International and Paul Misener, Vice President of Amazon on June 17 at 9 am. Webcast Link
07:10 EDTAAPLSoftbank, Foxconn form JV to make robots, Nikkei reports
Softbank (SFTBF) and Apple (AAPL) supplier Foxconn will set up a joint venture to make robots, The Nikkei reports, citing sources. According to the sources, the JV may first focus on mass production of Pepper, a home robot that can respond to human emotions and requests, and plan to initially make around 10,000 units annually. The JV may also market the robot and potentially other models globally. Reference Link
06:30 EDTAMZNAmazonís Twitch wants to bring in 'nongaming brands,' CNBC reports
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06:14 EDTSBUXStarbucks closing all La Boulange pastry shops, WSJ reports
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