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Stock Market & Financial Investment News

News Breaks
January 23, 2014
08:47 EDTARIA, NAV, SAN, AMZN, NFLX, LLY, FIATY, VLKAY, GOOG, GE, TSLA, EBAYOn the Fly: Periodicals Wrap
WSJ: Some sellers say Amazon (AMZN) not doing enough to stop counterfeit goods...Online payments startup Stripe a threat to PayPal (EBAY)...Volkswagen (VLKAY) labor head dismisses U.S. strategy, growth targets...REUTERS: Santander (SAN) to increase U.S. business equity by about $2B...China's Wanxiang seeks Tesla (TSLA) relationship...BLOOMBERG: Fiat (FIATY) CEO to propose NYSE listing...Navistar (NAV) to explore potential sale of MWM engine business...GE (GE) unit to explore $1B sale of buyout fund stakes...OTHER NEWS: Eli Lilly (LLY) approached Ariad (ARIA) on deal, Daily Mail reports...Data shows successful Google (GOOG) 'PLAs' could hurt Amazon (AMZN), Business Insider reports...Netflix (NFLX) says not worried about net neutrality rules, Re/code reports.
News For AMZN;EBAY;VLKAY;SAN;TSLA;FIATY;NAV;GE;LLY;ARIA;GOOG;NFLX From The Last 14 Days
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May 14, 2015
06:09 EDTGOOGGoogle's PR chief Whetstone leaves for Uber, WSJ reports
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06:04 EDTLLYEli Lilly, Sanford-Burnham to investigate immunological therapies
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May 13, 2015
18:09 EDTAMZNWal-Mart to launch $50 unlimited shipping service in summer, AP says
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16:57 EDTNFLXNetflix CCO believes traditional TV will shift towards event coverage, BI says
Netflix Chief Content Officer Ted Sarandos believes that as over-the-top TV services gain momentum, traditional cable and satellite TV is going to become "more about events, and more about award shows and live sports," reports Business Insider, citing remarks at a New York media conference. "Where the attribute really is the liveness of it, television is fantastic. And I think the real saving grace for television is they’ll focus on the other things and make it more event-oriented," said Sarandos. Reference Link
15:43 EDTGOOGGoogle moves corporate applications to cloud, WSJ says
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14:52 EDTAMZNAmazon launches new mobile advertising platform
Amazon has launched a new advertising platform for mobile app developers that promises to "promote your app to millions of users on Fire tablet wakescreens and mobile placements on the Amazon Mobile Ad Network." Amazon automatically generates advertisements once an ad placement order is submitted, and touts that an ad campaign can be launched in as little as 90 seconds. Reference Link
13:28 EDTAMZNWal-Mart set to launch Amazon Prime rival, The Information reports
Wal-Mart (WMT) is nearing the launch of a subscription fast-shipping service that will compete with Amazon Prime (AMZN), Amir Efrati of The Information reports, citing people involved with or briefed on the product. The service is an attempt to boost Wal-Mart's online business and should launch in the next few weeks after being pushed back for technical and other issues, Efrati adds. Shares of Amazon are down $2.63 to $428.39 in afternoon trading while Wal-Mart is down 66c to $78.30. Reference Link
13:23 EDTAMZNWal-Mart set to launch rival to Amazon Prime, The Information reports
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12:31 EDTTSLAMobileye trades higher after WSJ report on Tesla autopilot functions
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12:25 EDTTSLATesla cars soon to be equipped with autopilot functions, WSJ says
Tesla (TSLA) will soon be furnishing newer Model S sedans with semiautonomous features including the ability to pass other cars without driver intervention, says the Wall Street Journal. The Fly notes that Mobileye (MBLY) designs and develops software and related technologies for camera-based advanced driver assistance systems. Reference Link
11:17 EDTGEGE looks to sell Japan commercial finance operation, WSJ says
General Electric is looking to sell its Japanese commercial finance operations, as the conglomerate looks to slim down assets held in its GE Capital unit, says the Wall Street Journal. The unit, which finances the purchase of equipment is valued at about $5B, added the Wall Street Journal. Reference Link
09:39 EDTTSLA, NFLX, AMZN, GEActive equity options trading on open
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09:04 EDTAMZNHouse Judiciary Committee to hold a hearing
The Subcommittee on Courts, Intellectual Property and the Internet holds a hearing entitled, "Stakeholder Perspectives on ICANN: The .Sucks Domain and Essential Steps to Guarantee Trust and Accountability in the Internets Operation" with Vice President Misener of Amazon.com on May 13 at 10 am. Webcast Link
08:00 EDTGOOGGoogle fight with EU over 'right to forget' may end up back in court, WSJ says
Google has set up a detailed process to comply with the European Union's "right to forget" rules and removed hundreds of thousands of links in search results for people's names from the European versions of its search engine, but European regulators argue that the company is undermining the decision by not applying it globally, reported The Wall Street Journal. Google says it wants to avoid seting a precedent that one region can set global rules for the Internet and the fight may end up back in court, the report added. Reference Link
07:16 EDTNFLXMoffett Nathanson to hold a summit
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07:08 EDTGEOppenheimer to hold a conference
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06:59 EDTTSLATesla to meet Chana standards for vehicle charging, WSJ says
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06:55 EDTNFLXInsiders speculate bidding war to erupt over AOL, Business Insider reports
The consensus speculation from investment bankers, hedge fund traders and people close to AOL (AOL) is that another company will emerge and offer a price for AOL that is higher than $50 per share, reports Business Insider. The potential suitors include Time Warner (TWX), Comcast (CMCSA), Yahoo (YHOO), Alibaba (BABA), Softbank (SFTBF), AT&T (T), Netflix (NFLX) and Apple (AAPL). Reference Link
06:15 EDTGEEU restart probe of GE's planned acquisition of Alstom's power business, WSJ say
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06:11 EDTGOOGBoeing ends work on only small satellite program, WSJ reports
Boeing is no longer working on a program for HySpecIQ, a private equity-backed startup, which had ordered two Boeing 502 Phoenix satellites that were expected to be launched in 2018, The Wall Street Journal reports. Boeing has ended work on the imaging spacecraft, its only small satellite order, due to the downturn in the natural resources market, the publication adds.
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