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Stock Market & Financial Investment News

News Breaks
April 2, 2014
12:22 EDTAMZN, FDXFAA says Amazon.com pays $91,000 civil penalty
Amazon.com (AMZN) paid in full a $91,000 civil penalty that the U.S. Department of Transportationís Federal Aviation Administration had proposed against the Seattle, Wash. company for violating Department of Transportation Hazardous Materials Regulations. On September 16, 2013, Amazon employees improperly shipped a package containing flammable liquid adhesive by air on Federal Express (FDX) from Whitestown, Ind., to Boulder, Colo. FedEx employees in Boulder discovered a gallon container of the adhesive was leaking.The adhesive is classified as a hazardous material under Department of Transportation regulations. Amazon offered the shipment without the requisite shipping papers or emergency response information, and did not mark, label, or properly package the shipment. Amazon also failed to properly train its employees in preparing HazMat packages for shipment by air. The FAA issued the proposed civil penalty letter in late February.
News For AMZN;FDX From The Last 14 Days
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August 20, 2015
12:05 EDTFDXBoeing reports eight new orders in weekly update
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06:05 EDTAMZNAmazon Web Services to open data support center in London, Financial Times says
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05:56 EDTAMZNGoogle Express to shut down two California delivery hubs, Re/code says
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August 19, 2015
07:42 EDTAMZNPhoenix Amazon warehouse evacuated due to chemical leak, ABC15 says
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August 18, 2015
18:06 EDTAMZNAmazon tests 'Flex' package pickup service, GeekWire says
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16:00 EDTAMZNAmazon workplace policies making U.K. staff physically ill, Guardian says
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06:39 EDTAMZN, FDXUSPS boosts same-day delivery to compete with FedEx, UPS, Amazon, WSJ says
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August 17, 2015
16:53 EDTAMZNOn The Fly: Top stock stories for Monday
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11:10 EDTAMZNAmazon's Jay Carney defends company, CBS News reports
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09:56 EDTAMZNLiberty Interactive CEO says to stay 'far away' from Amazon's business model
06:21 EDTAMZNAmazon's Bezos "doesn't recognize" NYT's Amazon, Re/code reports
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06:13 EDTAMZNAmazon's uses harsh workplace practices to reach creative goals, NYT says
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06:09 EDTAMZNAmazon CEO hails U.K.'s approach to drones, FT reports
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August 14, 2015
16:00 EDTAMZNOptions Update; August 14, 2015
iPath S&P 500 VIX Short-Term Futures down 4c to 16 Option volume leaders: AAPL FB BAC MU NFLX TWTR HUN TSLA BABA MSFT RAD CSCO JCP AMZN SUNE
10:50 EDTFDXCiti says FedEx outlook still positive despite headwinds
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08:14 EDTFDXFedEx multiple remains well below UPS, says Citi
Citi analyst Christian Wetherbee lists reasons to buy shares of FedEx (FDX) in a note to investors this morning. The stock's multiple remains "compelling" and well below peer UPS (UPS), while the shipping giant is highly levered to e-commerce growth, Wetherbee writes. The analyst keeps a Buy rating on FedEx with a $205 price target.
06:21 EDTFDXEU to rule on FedEx, TNT deal by January 13, Reuters reports
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August 13, 2015
16:00 EDTAMZNOptions Update; August 13, 2015
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08:11 EDTAMZNAmazon leads $8M funding round in Clique Media, Business Insider reports
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07:50 EDTAMZNAmazon.com stock could outperform for extended period, says Stifel
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