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Stock Market & Financial Investment News

News Breaks
July 22, 2014
10:16 EDTGOOG, AMZNAmazon quietly debuts mobile wallet app, TechCrunch says
Amazon (AMZN) quietly made its mobile wallet application, Amazon Wallet, available on the Amazon Appstore and on Google (GOOG) Play, reported TechCrunch. The current implementation of the new app doesn’t yet support mobile payments or the ability to store credit cards or debit cards, but the wallet does offer customers the ability to store and organize gift cards and other store and loyalty cards. Reference Link
News For AMZN;GOOG From The Last 14 Days
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March 17, 2015
14:13 EDTGOOGMorgan Stanley questions GM capital allocation plan
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11:23 EDTAMZNApple willing to share TV data to attract programming partners, NY Post reports
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09:27 EDTGOOGApple plans to allow trade-ins of Android, BlackBerry devices, Bloomberg says
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09:07 EDTAMZN, GOOGDISH's Sling TV launches on Xbox One
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09:05 EDTGOOG, AMZNMicrosoft Band now available at Best Buy, Target, Amazon, Re/code reports
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07:42 EDTAMZN, GOOGBoeing may produce satellite for tech giants, Reuters says
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06:37 EDTGOOGAfter losing marketshare, Google now asks Firefox users to switch, BI says
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05:57 EDTGOOGChina vendors to ship 50M Androids with fingerprint sensors, DigiTimes reports
China vendors is expected to ship 50M Android (GOOG) smartphones with fingerprint sensors in 2015, reports DigiTimes. According to sources at Taiwan-based IC backend service companies, Android smartphone vendors have adopted sliding-type fingerprint sensors, which are more competitive in pricing compared to press-type sensors used by Apple (AAPL). Reference Link
March 16, 2015
16:00 EDTAMZNOptions Update; March 16, 2015
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14:13 EDTGOOGApple to offer Android users rebates to switch to iPhones, 9to5Mac says
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10:44 EDTAMZNNetflix retreats after cut to sell on competition, cost concerns
The shares of Netflix (NFLX) are falling after research firm Evercore ISI downgraded the stock to Sell from Hold. Increased competition will force the company to increase its investments and the return from those investments is uncertain, the firm contends. WHAT'S NEW: In the U.S., technological advancements are enabling content providers to sell their programming to a wider range of Internet video distributors, Evercore ISI analyst Ken Sena wrote in a note to investors earlier today. Moreover, content providers themselves are now able to stream more of their programming online and obtain higher profits from doing so, Sena reported. The analyst noted that Apple (AAPL) recently obtained a three month exclusive deal to stream content form Time Warner's (TWX) HBO Now, while Yahoo (YHOO), Amazon (AMZN), and Hulu (DIS, CMCSA, NWSA) are all reportedly interested in obtaining streaming rights to "Seinfeld." Netflix's international expansion will not be sufficient to offset the increased competition, especially because foreign viewers are likely to watch less TV and be less interested in paying for TV content, the analyst believes. Furthermore, Netflix will face more competition from other Internet TV services overseas than in the U.S., according to Sena, who cut his 2015 consolidated operating income estimate for the company by 26% to $381M from $517M previously. In addition to cutting his rating, Sena lowered his price target on the shares to $380 from $450. PRICE ACTION: In early trading, Netflix sank $16, or 3.7%, to $422.
March 13, 2015
17:11 EDTAMZNSony Pictures TV nears streaming video deal for Seinfeld, WSJ reports
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16:01 EDTAMZNOptions Update; March 13, 2015
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11:36 EDTGOOGGoogle Apps security breach affects 282,867 domain owners, The Next Web says
Personal information for 282,867 Google Apps domain owners was exposed Friday, reports The Next Web, citing Google statements and a Cisco report. Names, addresses, email information, and phone numbers were made public, though a Google spokesperson stated, "We identified the root cause, made the appropriate fixes, and communicated this with affects Apps customers." Presently there is no evidence of malicious use. Reference Link
10:34 EDTAMZNApple joins data center group with Facebook, Microsoft, The Information says
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09:50 EDTAMZN, GOOGActive equity options trading on open
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08:21 EDTGOOGGoogle price target raised to $681 from $640 at Cowen
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08:20 EDTGOOGGoogle not making aggressive domain name push, NY Post says
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06:03 EDTAMZNStocks with implied volatility below IV index mean; AMZN QCOM
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05:54 EDTGOOGIDC: Worldwide tablet long term growth in low single digits, Digitimes says
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