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Stock Market & Financial Investment News

News Breaks
December 2, 2012
20:08 EDTBBY, EBAY, SCOR, AMZNcomScore: 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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August 25, 2015
09:03 EDTAMZNAmazon says Prime Now launches in Seattle
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08:51 EDTBBYBest Buy says 'substantial' amount of leases expiring this year
Best Buy CFO Sharon McCollam said, there are no stores that have negative cash flow but there may be additional store closures.
08:43 EDTBBYBest Buy to sell Apple Care in stores this quarter
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07:08 EDTBBYBest Buy sees Q3 flat to low-single digit domestic revenue growth
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07:06 EDTBBYBest Buy reports Q2 domestic SSS ex-items up 2.7%
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07:02 EDTBBYBest Buy sees no material changes in consumer spending in Q3
Sharon McCollam, Best Buy EVP, CAO and CFO, commented, "It is difficult to know, though, if the recent volatility in the financial markets will affect overall consumer spending. To date, however, we have not seen a measurable impact versus our original expectations. As such, our outlook assumes there will be no material changes in consumer spending in the third quarter. With that said, our year-over-year non-GAAP outlook for Q3 FY16 is as follows. In the Domestic business we are expecting (1) flat to low-single digit revenue growth; and (2) an approximately flat operating income rate change driven by a higher gross profit rate offset by increased SG&A due to inflation and growth-related investments. In the International business, due to the ongoing impacts of the Canadian brand consolidation and foreign currency, we are expecting (1) an International revenue decline of approximately 30% and (2) an International non-GAAP operating income rate in the range of negative 2.5% to negative 3.5%."
07:01 EDTBBYBest Buy reports Q2 adjusted continuing ops EPS 49c, consensus 34c
Reports Q2 revenue $8.53B, consensus $8.29B.
August 24, 2015
18:19 EDTAMZNAmazon hardware executive takes job at Google, Re/code says
Jon McCormack, CTO of Amazon's (AMZN) Devices unit, has left the company for the second time in one year to work in Google's (GOOG) Advanced Technologies and Products, or ATAP, arm, Re/code reported earlier. The report adds that one of ATAP's projects is the modular smartphone concept "Ara," which recently targeted a 2016 U.S. launch. Reference Link
18:02 EDTAMZNS&P 500 enters correction territory amid global growth concerns
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15:09 EDTBBYNotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's open, with earnings consensus, include Best Buy (BBY), consensus 34c... Toll Brothers (TOL), consensus 49c... Valspar (VAL), consensus $1.26... DSW (DSW), consensus 42c... Children's Place (PLCE), consensus (33c).
14:52 EDTAMZNAmazon.com fades, levels to watch
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12:29 EDTBBYBest Buy technical comments ahead of results
The shares have been trading in a bearish price channel since a peak of price in March of this year. If the news continues to be bearish, the current trend will likely continue. Next support below the current price of $30.53 is at the $29.50 area, the low of the current price channel. If the news is a sharp negative surprise, next supports will be at $28.11, $27.17, and $26.60. If the news is a bullish surprise, the top of the price channel at $32.78 would be the first important upside objective. It would take a breakout above the channel top to turn the trend back toward bullish. Next resistance above the channel would be at $33.75.
11:31 EDTBBYBest Buy volatility increases into Q2 and outlook
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10:58 EDTAMZNStocks with call strike movement; AMZN TWTR
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10:02 EDTAMZNAmazon.com levels to watch
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08:11 EDTEBAYeBay Motors partners with Assurant to extend warranties on purchase
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06:34 EDTAMZNIntel leads $100M funding round for Mirantis, WSJ reports
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06:27 EDTAMZNRoku tops Google in streaming media device sales, Parks Associates says
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06:08 EDTAMZNAmazon keeps pushing back Prime Fresh trial end date, Re/code reports
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August 23, 2015
18:44 EDTAMZNACLU offers legal representation to Amazon employees
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