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Stock Market & Financial Investment News

News Breaks
December 2, 2012
20:08 EDTAMZN, BBY, EBAY, SCORcomScore: Cyber Monday sales $1.46B
comScore reported holiday season retail e-commerce spending for the first 30 days of the November--December 2012 holiday season. For the holiday season-to-date, $20.4B has been spent online, marking a 15% increase versus the corresponding days last year. The most recent week saw three individual days eclipse $1B in spending, led by Cyber Monday, which became the heaviest online spending day on record at $1.46B. Tuesday, November 27 reached $1.26B, while Wednesday, November 28 reached $1.11B. Monday and Tuesday of this past week currently rank as the two heaviest online spending days in history, with the Tuesday total slightly outpacing that of Cyber Monday 2011.
News For AMZN;EBAY;BBY;SCOR From The Last 14 Days
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March 17, 2015
10:54 EDTBBYRumor: Best Buy moves up on activist investor speculation
Shares of Best Buy are moving higher amid speculation Carl Icahn may have acquired a stake in the company.
09:07 EDTAMZNDISH's Sling TV launches on Xbox One
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09:05 EDTAMZN, BBYMicrosoft Band now available at Best Buy, Target, Amazon, Re/code reports
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08:45 EDTEBAYeBay marketplaces GMV to accelerate in 2H15, says Bernstein
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07:42 EDTAMZNBoeing may produce satellite for tech giants, Reuters says
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07:01 EDTEBAYeBay launches Sotheby's live auctions experience
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06:42 EDTEBAYeBay to start selling Sotheby items today, NY Times says
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March 16, 2015
16:00 EDTAMZNOptions Update; March 16, 2015
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10:44 EDTAMZNNetflix retreats after cut to sell on competition, cost concerns
The shares of Netflix (NFLX) are falling after research firm Evercore ISI downgraded the stock to Sell from Hold. Increased competition will force the company to increase its investments and the return from those investments is uncertain, the firm contends. WHAT'S NEW: In the U.S., technological advancements are enabling content providers to sell their programming to a wider range of Internet video distributors, Evercore ISI analyst Ken Sena wrote in a note to investors earlier today. Moreover, content providers themselves are now able to stream more of their programming online and obtain higher profits from doing so, Sena reported. The analyst noted that Apple (AAPL) recently obtained a three month exclusive deal to stream content form Time Warner's (TWX) HBO Now, while Yahoo (YHOO), Amazon (AMZN), and Hulu (DIS, CMCSA, NWSA) are all reportedly interested in obtaining streaming rights to "Seinfeld." Netflix's international expansion will not be sufficient to offset the increased competition, especially because foreign viewers are likely to watch less TV and be less interested in paying for TV content, the analyst believes. Furthermore, Netflix will face more competition from other Internet TV services overseas than in the U.S., according to Sena, who cut his 2015 consolidated operating income estimate for the company by 26% to $381M from $517M previously. In addition to cutting his rating, Sena lowered his price target on the shares to $380 from $450. PRICE ACTION: In early trading, Netflix sank $16, or 3.7%, to $422.
March 13, 2015
17:11 EDTAMZNSony Pictures TV nears streaming video deal for Seinfeld, WSJ reports
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16:01 EDTAMZNOptions Update; March 13, 2015
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10:34 EDTAMZNApple joins data center group with Facebook, Microsoft, The Information says
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10:00 EDTEBAYOn The Fly: Analyst Upgrade Summary
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09:50 EDTAMZNActive equity options trading on open
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07:15 EDTEBAYeBay upgraded to Positive from Neutral at Susquehanna
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06:03 EDTAMZNStocks with implied volatility below IV index mean; AMZN QCOM
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March 12, 2015
14:30 EDTAMZNAmazon acquires Internet-of-Things startup 2lemetry, TechCrunch reports
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09:36 EDTAMZNNielsen survey shows 36% Netflix household penetration
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07:51 EDTAMZNAlibaba hiring for cloud computing in Seattle, Silicon Valley, Reuters says
Alibaba (BABA) has begun hiring cloud computing professionals in Seattle and Silicon Valley, reports Reuters, citing postings on LinkedIn. Reuters notes that recruiters in the region suggested Alibaba is "eyeing staff," particularly developers, at Amazon (AMZN), Microsoft (MSFT), and Facebook (FB). According to LinkedIn data, Alibaba has already hired 20 former Microsoft employees. Reference Link
06:08 EDTAMZNStocks with implied volatility below IV index mean; AMZN QCOM
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