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Stock Market & Financial Investment News

News Breaks
November 28, 2012
10:00 EDTAMZN, BPZ, CHKP, YHOO, EBAY, WDAY, VOD, P, LNKD, IDIX, GOOG, GALEOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Amazon.com (AMZN) initiated with an Outperform at Cowen... Google (GOOG) initiated with an Outperform at Cowen... Idenix (IDIX) initiated with a Buy at Deutsche Bank... InterActiveCorp (IACI) initiated with a Neutral at Cowen... LinkedIn (LNKD) initiated with a Neutral at Cowen... Netflix (NFLX) initiated with a Neutral at Cowen... Pandora (P) initiated with a Neutral at Cowen... Vodafone (VOD) initiated with an Outperform at RW Baird... Workday (WDAY) initiated with a Neutral at Piper Jaffray... Yahoo! (YHOO) initiated with a Neutral at Cowen... eBay (EBAY) initiated with a Neutral at Cowen... Check Point (CHKP) initiated with a Market Perform at BMO Capital... BPZ Resources (BPZ) initiated with an Accumulate at Global Hunter... Galena Biopharma (GALE) initiated with a Buy at Aegis.
News For AMZN;GOOG;IDIX;LNKD;P;VOD;WDAY;EBAY;YHOO;CHKP;BPZ;GALE From The Last 14 Days
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October 8, 2014
07:09 EDTGALEGalena reports Notice of Allowance of U.S. patent application for NeuVax
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06:53 EDTAMZNAmazon has not enacted Luxembourg special tax agreements, Reuters says
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06:48 EDTVODSwisscom mulls $6.3B Fastweb deal as Vodafone waits, Reuters says
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06:19 EDTYHOOYahoo lays off 400 employees in India, WSJ reports
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06:13 EDTAMZNNon-Apple notebook, tablet demand to be weak till 2Q15, DigiTimes reports
Demand for non-Apple (AAPL) notebooks and tablets may remain weak until the second quarter of 2015, reports DigiTimes. Citing Taiwan makers, the pressure due to booming sales from Apple products may decrease sales until Microsoft (MSFT) launches Windows 10 next year. Demand for Samsung (SSNLF), Sony (SNE) , And HTC smartphones have also dropped worldwide recently. Reference Link
October 7, 2014
16:00 EDTAMZNOptions Update; October 7, 2014
iPath S&P 500 VIX Short-Term Futures up 2.16 to 32.24 Option volume leaders: AAPL TSLA TWTR AMZN FB VZ AA HTZ NFLX PBR according to Track Data.
13:45 EDTGOOGVringo says several important events scheduled for Q4
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13:33 EDTGOOGGoogle executive says Google+ here to stay, Re/code reports
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10:02 EDTYHOOYahoo volatility at low end of one-year range
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09:40 EDTYHOOYahoo lays off up to 2,000 employees in India, TechCrunch reports
Yahoo has laid off up to 2,000 employees in India as a result of a move to consolidate into fewer offices, TechCrunch reports, citing local blog The Next Big What. Yahoo has confirmed the consolidation, but did not confirm how many people are affected by the effort. Reference Link
09:36 EDTAMZNActive equity options trading on open
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09:24 EDTYHOOFormer Yahoo CFO says AOL merger makes 'little sense,' CNBC reports
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09:18 EDTGOOGRackspace partnership with Google positive for sentiment, says Wells Fargo
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09:03 EDTGOOGRackspace to offer managed IT services support for full Google Apps for Work
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08:08 EDTAMZNSplunk, AWS to integrate Hunk on Amazon Elastic MapReduce
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08:03 EDTGOOGVonage announces appointment of Alan Masarek as CEO
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07:48 EDTGOOGU.S. Chamber of Commerce to hold a discussion
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07:05 EDTAMZNAmazon.com expands seller holiday deals program worldwide
Amazon announced that for the first time, top deals from sellers on Amazon will be featured on holiday deal pages worldwide. The holiday deals from sellers will now appear on the Amazon Today’s Deals page, Black Friday Store, Cyber Monday Store and many other high customer traffic site features. Participating sellers will be offering thousands of deals throughout the holiday season across most product categories. The seller holiday deals program, introduced for the first time last year, is now expanding to be available worldwide on local Amazon sites in the U.S., the EU, China, Japan, India and Canada.
06:14 EDTAMZNEC probes transfer pricing arrangements on taxation of Amazon in Luxembourg
The European Commission has opened an in-depth investigation to examine whether the decision by Luxembourg's tax authorities with regard to the corporate income tax to be paid by Amazon in Luxembourg comply with the EU rules on state aid. The opening of an in-depth investigation gives interested third parties and the Member States concerned an opportunity to submit comments. It does not prejudge the outcome of the investigation. The tax ruling in favor of Amazon under investigation dates back to 2003 and is still in force. It applies to Amazon's subsidiary Amazon EU Sarl, which is based in Luxembourg and records most of Amazon's European profits. Based on a methodology set by the tax ruling, Amazon EU Sarl pays a tax deductible royalty to a limited liability partnership established in Luxembourg but which is not subject to corporate taxation in Luxembourg. As a result, most European profits of Amazon are recorded in Luxembourg but are not taxed in Luxembourg. At this stage the Commission considers that the amount of this royalty, which lowers the taxable profits of Amazon EU Sarl each year, might not be in line with market conditions. The Commission has concerns that the ruling could underestimate the taxable profits of Amazon EU Sarl, and thereby grant an economic advantage to Amazon by allowing the group to pay less tax than other companies whose profits are allocated in line with market terms. The Commission will now continue investigating to determine whether its concerns are confirmed. Luxembourg did not fully comply with the Commission's request for information as part of its information gathering exercise in relation to tax ruling practices in some Member States but only provided a limited sample. In June the Commission therefore initiated infringement proceedings against Luxembourg by issuing letters of formal notice. Although the Luxembourgish authorities have still not fully complied with the Commission's information request, in August Luxembourg did provide information on a number of cases requested by the Commission, including Amazon. Reference Link
06:07 EDTGOOGYouTube may still be interested in programming for kids, Re/code reports
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