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Stock Market & Financial Investment News

News Breaks
July 28, 2014
07:40 EDTAMZN, GOOGL, GOOG, MSFTAmazon could see new cloud competition on many fronts, WSJ says
Amazon.com (AMZN), which has been fighting two big cloud computing rivals, namely Google (GOOG) and Microsoft (MSFT), may now face broader competition as large telecom companies and small startups begin or expand their cloud services, reported The Wall Street Journal. Reference Link
News For AMZN;GOOGL;GOOG;MSFT From The Last 14 Days
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October 9, 2014
10:00 EDTMSFTOn The Fly: Analyst Initiation Summary
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09:38 EDTMSFTActive equity options trading on open
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09:01 EDTMSFTSony moves step further toward sale of PS4 in China, WSJ says
Sony (SNE), which seeks to join Microsoft (MSFT) in selling video game consoles in China, may see a partner company start packaging its consoles in the nation in December, said The Wall Street Journal, citing a filing posted by a Sony local partner on the official website of Shanghai’s free-trade zone. A Sony spokesperson said the facility's ability to package 200,000 consoles a year, which was communicated in the filing, does not represent an actual business plan and declined to comment further on Sony’s plans. Reference Link
08:53 EDTMSFTAbout 1,000 workers went on strike for several hours at Foxconn plant, WSJ says
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06:42 EDTMSFTMicrosoft CEO admits 'mistakes' with Windows 8, Business Insider reports
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06:41 EDTMSFTMicrosoft initiated with a Market Perform at BMO Capital
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06:33 EDTAMZNCourt considers whether to pay Amazon workers for security checks, WSJ says
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06:31 EDTMSFTFiling says Sony to begin console packaging in China, Bloomberg says
A filing on the website of the China Pilot Free Trade Zone said that Sony (SNE) is aiming to begin packaging over 200K new video game consoles starting in December in China, according to Bloomberg, citing the filing which was verified as authentic by a spokesman for Sony Computer Entertainment. The company is looking to accumulate sales in the country as the end of a 14-year ban on the devices approaches. Microsoft (MSFT) already began selling Xbox Ones in China. Reference Link
06:29 EDTGOOGIDC: Worldwide PC shipments down 1.7% in Q3, DigiTimes reports
Worldwide PC shipments are down 1.7% with 78.5M units shipped in Q3, reports DigiTimes, citing the IDC. Shipments in the US grew 4.3% to 17.3M, with growth centered from strong momentum in te portables category. Reference Link
06:26 EDTAMZN, GOOGGoogle's tax arrangement facing new challenge by France, WSJ reports
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06:24 EDTMSFTMicrosoft rumored to cancel Surface tablet business, DigiTimes reports
Microsoft may be planning to cancel the Surface tablet business as it continues to see weak sales for its Surface Pro 3 tablet, reports DigiTimes. According to sources from the upstream supply chain, the first and second generation Surface tablets are estimated to have created losses of about $1.7B. Reference Link
October 8, 2014
17:53 EDTAMZNAmazon.com expands operations in Costa Rica, creates more than 1,000 new jobs
Amazon Support Services in Costa Rica inaugurates its fourth service center and announces 1,000 new jobs at its offices located in Calle Blancos and Lagunilla. The Earth's most customer centric company offers seasonal jobs and permanent positions with open dress code, paid training, transportation, doctor on site, plus others. The new operation comes as part of the $19M accumulated investment by 2014. With the company's expansion and the ongoing hiring of staff at its other sites, Amazon expects to employ more than 3,000 persons in Costa Rica by the end of 2014.
16:56 EDTMSFTGartner says worldwide PC shipments in Q3 declined 0.5%
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16:01 EDTAMZNOptions Update; October 8, 2014
iPath S&P 500 VIX Short-Term Futures down 2.73 to 29.51. Option volume leaders: AAPL TSLA TWTR AMZN FB NFLX PBR AA CLF GILD according to Track Data.
11:41 EDTAMZNJ.C. Penney says store base count 'roughly' where it needs to be
Says evaluating stores to see if EBITDA accretive. Says "disciplined" regarding promotions. Says won't risk margin over promotions. Says Apple (AAPL), Samsung (SSNLF), Amazon (AMZN) taking "chunk" out of consumer spending. Sees returning to 37%-39% gross margins over time.
09:48 EDTGOOGGoogle says new movies can be pre-ordered, watched on first day of availibility
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09:42 EDTAMZNeBay SSS rose 8.9% in September, Amazon SSS up 37.9%, ChannelAdvisor says
Amazon's (AMZN) September SSS rose 37.9%, a decrease compared to August's 45.1%, ChannelAdvisor reported. eBay's (EBAY) September came in at 8.9% up from August's 5.9%, but below the e-commerce growth rate. "This is the first up-tick in eBay SSS since June and indicates that eBay is recovering from the breach and Google issues," ChannelAdvisor stated. Reference Link
07:46 EDTGOOGcomScore well positioned for change, says Brean Capital
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06:53 EDTAMZNAmazon has not enacted Luxembourg special tax agreements, Reuters says
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06:13 EDTMSFT, AMZNNon-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
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