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Stock Market & Financial Investment News

News For AMZN;EBAY;BBY;WMT;TGT;SCOR From The Last 14 Days
Check below for free stories on AMZN;EBAY;BBY;WMT;TGT;SCOR the last two weeks.
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June 17, 2013
15:29 EDTWMT, AMZN, BBYGoogle's Chromebook to be available in Wal-Mart, Staples
In addition to Best Buy (BBY) and Amazon.com (AMZN), Google (GOOG) announced that, starting today, Walmart (WMT) will be making the newest Acer Chromebook available in approximately 2,800 stores across the U.S. for $199. Beginning this weekend, Staples (SPLS) will bring a mix of Chromebooks from Acer, HP (HPQ) and Samsung (SSNLF) to each of its stores in the U.S., or more than 1,500 in total. Reference Link
05:56 EDTBBYBest Buy implied volatility at lower end of index mean range
June 15, 2013
17:46 EDTWMTWal-Mart appoints Cash as new presiding director, Reuters says
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June 14, 2013
07:35 EDTTGTSears cuts two Canadian stores near Toronto, Globe and Mail reports
Sears Canada (SHLD) is selling leases of two of its high-profile stores back to their landlords for $191M plus options on a third store for $1M that could raise another $53M within five years, reports the Globe and Mail. The moves come as Sears races to revive its struggling business amid intensifying competition in Canada and the arrival of Target (TGT), which started to open its first stores here in March, and Nordstrom (JWN), which launches in Canada next year.Reference Link
07:21 EDTTGT, WMTClinton Global Initiative to host to host a meeting
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06:24 EDTBBYBest Buy implied volatility at lower end of index mean range
June 13, 2013
12:10 EDTBBYMicrosoft announced Windows Store at Best Buy
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09:30 EDTTGT, WMTClinton Global Initiative to host to host a meeting
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07:57 EDTAMZNAmazon Kindle to launch in India this month, WSJ says
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07:09 EDTEBAYMobile payment companies becoming more competitive, LA Times says
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05:48 EDTWMTWal-Mart increases hiring but uses temps, Reuters reports
In recent months, Wal-Mart Stores has been only hiring temporary workers at many of its U.S. stores, the first time the major retailer has done so outside of the holiday shopping season, reports Reuters.Reference Link
June 12, 2013
17:12 EDTTGTTarget shareholders do not approve proposal for independent chairman
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16:54 EDTWMTH&R Block not renewing relationship with Wal-Mart
On its Q4 earnings call H&R Block (HRB) stated that it was not renewing its relationship with Wal-Mart (WMT), saying it was an economic and operational decision. Results in this channel did not meet the company's expectations and H&R Block is confident that it can serve its clients better in its other 10,000 plus neighborhood locations. H&R Block does not expect its decision to exit Walmart locations to have a material impact on results going forward.
15:01 EDTAMZNNew Four Horsemen of Tech option implied volatility is mixed
Amazon.com (AMZN) overall option implied volatility of 29 is below its 26-week average of 31, Google (GOOG) is at 24, near its 26-week average of 23, Apple (AAPL) is at 27; below its 26-week average of 29, IBM (IBM) is at 19, above its 26-average of 16 according to Track Data.
14:30 EDTAMZNRackspace has slight negative readthrough from Amazon cut, says Wells Fargo
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13:00 EDTTGTTarget boosts dividend 19.4% to 43c per share
The board of directors of Target has declared a quarterly dividend of 43c per common share, representing a 19.4% increase from the prior quarterly dividend of 36c. The dividend is payable September 10 to shareholders of record at the close of business August 21.
05:51 EDTAMZNAmazon, IBM battle over $600M CIA contract, WSJ reports
The fight between IBM (IBM) and Amazon.com (AMZN) over a $600M contract to set up a cloud-computing system for the Central Intelligence Agency shows the growing importance of intelligence-agency business for technology companies, reports the Wall Street Journal. Reference Link
June 11, 2013
07:23 EDTAMZNAmazon.com shares should be bought by long-term investors, says Bernstein
Bernstein expects Amazon.com's 2014 gross profit margins to significantly beat expectations. The firm expects the company's EBITDA and operating income to exceed expectations over the longer term, and it keeps a $350 price target and Outperform rating on the stock.
06:13 EDTAMZNPiper sees slight downside to Amazon quarter after data
Piper Jaffray says ChannelAdvisor data indicates slight downside to Amazon.com's June quarter. The firm notes ChannelAdvisor sales saw a sequential deceleration to 26% year-over-year growth in May from 31% in April and the March quarter average of 32%. Piper has an Overweight rating on shares of Amazon with a $325 price target.
06:10 EDTAMZN, EBAYChannelAdvisor reports Amazon, eBay SSS for May
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