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Stock Market & Financial Investment News

News Breaks
July 2, 2014
06:00 EDTAAPL, GOOG, AMZNAmazon app store 'surprisingly robust,' says Piper Jaffray
Piper Jaffray says its analysis indicates Amazon.com's (AMZN) app store is "surprisingly robust," yet still lagging significantly behind Apple's (AAPL) iOS and Google's (GOOG) Android in quantity. Piper says the number of Amazon apps will rise into the Fire Phone's release on July 25 and it reiterates an Overweight rating on the stock with a $420 price target.
News For AMZN;GOOG;AAPL From The Last 14 Days
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July 16, 2015
06:46 EDTAAPLApple Watch to roll out in New Zealand July 31, AppleInsider reports
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06:45 EDTGOOGGoogle upgraded to Outperform from Market Perform at BMO Capital
BMO Capital analyst Daniel Salmon upgraded Google (GOOGL, GOOG) to Outperform from Market Perform and raised his price target for the stock to $670 from $570. The search giant's Class A shares closed yesterday down 22c to $583.96. The upgrade is not a call on tonight's quarterly results, but reflects a belief that second half of 2015 and 2016 estimates will move higher on margin stabilization, Salmon tells investors in a research note. A focus on investing in key growth areas coupled with a steady revenue outlook should drive Google shares higher, the analyst writes.
July 15, 2015
16:28 EDTAMZNOn The Fly: Top stock stories for Wednesday
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16:00 EDTAAPLOptions Update; July 15, 2015
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15:27 EDTAMZNAmazon.com says Prime Day peak order rates already exceed 2014 Black Friday
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13:37 EDTAMZNAmazon's 'Prime Day' peak order rates surpass 2014's Black Friday, CNBC says
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13:29 EDTAMZNAmazon users complain about Prime Day troubles, CNBC reports
Amazon's Prime Day, a day full of savings for customers of Amazon's "Prime" status, has received negative feedback from users, who complained that the deals didn't match the hype, CNBC reports. High profile items such as Amazon's Fire TV Stick lasted only a couple of hours before the savings were fully claimed, and the waitlist for the device was filled soon after, leading to many frustrated customers complaining that they were intentionally misled, the report says. The company said it was part of a bigger plan to "stagger the deals to make sure the fun will last through tonight," Bloomberg reports, citing a company spokeswoman. Amazon experience problems dealing with its surge of customers heading to the site in the middle of the day, according to data from Catchpoint Systems. Reference Link
13:23 EDTGOOGGoogle unveils Purchases on Google, other shopping features
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12:38 EDTAAPLGundlach says out of Apple position
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11:56 EDTGOOGGoogle search might help FDA find unknown drug side effects, Bloomberg reports
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11:01 EDTAAPLApple introduces new iPod touch, unveils new colors for iPod models
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09:53 EDTAAPLHSBC UK says Apple Pay support coming within 2 weeks, Apple Insider says
HSBC UK (HSBC) said that Apple Pay (AAPL) support is in its final testing and availability will be coming within two weeks, reports Apple Insider. An HSBC spokesperson said, "We are excited to be one of a small number of Apple Pay launch partners. We have been working closely with Apple and are now properly reviewing and testing our systems before launching in two weeks." Reference Link
09:32 EDTAAPLActive equity options trading on open
Active equity options trading on open: AAPL FB BAC RCPT MU YUM NFLX CELG
09:18 EDTGOOGAdobe's Flash disabled by Google due to security worries, WSJ says
Just days after Facebook's (FB) top security executive called on Adobe (ADBE) to discontinue its Flash animation player, Google’s (GOOG) Chrome and Mozilla’s Firefox browsers blocked old versions of the software on Tuesday after reports that hackers were using a security flaw to infiltrate computers, reported The Wall Street Journal's "Digits" blog. Firefox and Chrome will allow Flash to run again if it is updated with the patch Adobe released Tuesday morning, the report noted. Reference Link
09:08 EDTAMZNAmazo Studios announces Spike Lee's Chi-Raq as Amazon original movie
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08:27 EDTGOOGAdobe says Google display ad strategy underperforms Facebook in Q2
In its "Digital Advertising & Social Intelligence Report" for Q2, Adobe (ADBE) wrote that Facebook's (FB) display ad changes doubled its click-through-rates, or CTRs, year-over-year in the quarter, while Google's (GOOG) display targeting changes reduced its number of ads seen by 22% compared to the prior year and its CTRs were up "only" 24% compared to the same period of last year. The report also contends that the "Mobilegeddon" fears regarding Google's changes to favor mobile friendly sites came true, noting that sites with low mobile engagement saw up to a 10% decrease in organic traffic after the changes were made by the search giant. Reference Link
07:59 EDTGOOGGoogle price target raised to $710 from $614 at B. Riley
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06:39 EDTAAPLApple to release new iPod touch, 9to5Mac reports
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06:33 EDTAAPLApple 'in touch' with Iranian distributors to sell products there, WSJ reports
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06:30 EDTGOOGGoogle July volatility elevated into Q2 and outlook
Google July call option implied volatility is at 35, August is at 23, September is at 21 compared to its 52-week range of 16 to 39, suggesting large near term price movement into the expected release of Q2 results on July 16.
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