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Stock Market & Financial Investment News

News Breaks
April 13, 2012
06:38 EDTAMZN, NFLX, CMCSA, DIS, NWSAAmazon may be inflating size of streaming video library, Fast Company reports
Amazon (AMZN) inflates the numbers about its streaming video library to make it seem larger than it actually is, reports Fast Company. The company currently boasts that it has "more than 17,000 movies and television shows" on Netflix (NFLX) and Hulu Plus (NWSA, CMCSA, DIS) competitor Amazon Prime Instant Video, but Fast Company says Amazon arrived at that number by counting every episode in a television series as a "show." Reference Link
News For AMZN;NFLX;CMCSA;DIS;NWSA From The Last 14 Days
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May 23, 2013
12:52 EDTAMZNGoogle cuts data storage prices
Google earlier today announced that it was reducing its Google App Engine data storage prices by up to 25%. Reference Link
11:49 EDTNFLXStocks with call strike movement; NFLX APOL
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10:38 EDTAMZNAmazon.com makes Kindle Fire HD tablets available in over 170 countries
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09:37 EDTNFLXActive equity option families trading on open
Active equity option families trading on open according to Track Data: AAPL NFLX GOOG HPQ
07:13 EDTAMZNAmazon.com eBay to see little impact from sales tax reform, says Bernstein
After the Senate passed a bill that would force all online retailers to collect sales tax, Bernstein thinks the impact of such a law on Amazon's (AMZN) gross profits would be "immaterial," while the bill would reduce eBay's (EBAY) EPS by less than 1% in 2014 if it becomes law. The firm keeps Outperform ratings on both stocks.
May 22, 2013
13:56 EDTAMZNAmazon.com to add 500 jobs in Web services unit, Washington Post says
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09:07 EDTAMZNAmazon introduces 'Kindle Worlds' commercial publishing platform for fan fiction
Amazon Publishing announced Kindle Worlds, the first commercial publishing platform that will enable any writer to create fan fiction based on a range of original stories and characters and earn royalties for doing so. Amazon Publishing has secured licenses from Warner Bros. Television Group’s Alloy Entertainment division for its series Gossip Girl, Pretty Little Liars, and Vampire Diaries and plans to announce more licenses soon, the company said. Through these licenses, Kindle Worlds will allow any writer to publish authorized stories inspired by these Worlds and make them available for readers to purchase in the Kindle Store. Amazon Publishing will pay royalties to both the rights holders of the Worlds and the author.
07:29 EDTCMCSAXbox won't hurt pay TV companies in near-term, AllThingsD says
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07:24 EDTCMCSANetEvents International to host a summit
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May 21, 2013
13:17 EDTNFLXNetflix says Ricky Gervais' original series to debut September 12
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12:58 EDTDISDisney's ESPN cuts less than 6% of workforce, Bloomberg reports
Disney's (DIS) ESPN unit laid off less than 400 workers today as part of a companywide cost-cutting effort, Bloomberg reports, citing a person with knowledge of the situation. The cuts amount to less than 6% of ESPN’s 7,000 employees, the report adds. Reference Link
09:07 EDTAMZNAmazon.ca introduces Amazon Cloud Drive for Canada
All customers get 5 GB of free storage. Additional storage plans start at C$10 a year, the company said.
06:52 EDTCMCSAVideo on demand from cable companies becoming more popular, NY Times says
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05:33 EDTAMZNAmazon Web Services achieves FedRAMP compliance for AWS GovCloud
Amazon Web Services, or AWS, an Amazon.com company, announced AWS GovCloud and all U.S. AWS Regions have received an Agency Authority to Operate, or ATO, from the U.S. Department of Health and Human Services, or HHS, under the Federal Risk and Authorization Management Program, or FedRAMP, requirements at the Moderate impact level. FedRAMP is a U.S. government-wide program that provides a standardized approach to security assessment, authorization, and continuous monitoring for cloud products and services. With this distinction, AWS has demonstrated it can meet the extensive FedRAMP security requirements and as a result, an even wider range of government customers can leverage AWS's secure environment to store, process, and protect a diverse array of sensitive government data. Leveraging the HHS authorization, all U.S. government agencies now have the information they need to evaluate AWS for their applications and workloads, provide their own authorizations to use AWS, and transition workloads into the AWS environment.
May 20, 2013
13:45 EDTCMCSAComcast's NBC names new news president
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May 19, 2013
16:41 EDTDISViacom's 'Into Darkness' tops Disney's “Iron Man 3” at box office, WSJ says
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May 17, 2013
15:51 EDTDIS, CMCSA, NWSADirecTV weighing bid for Hulu, WSJ reports
DirecTV (DTV) is considering making a bid for Hulu, the video website jointly owned by News Corp. (NWSA), Comcast (CMCSA), and Disney (DIS), reports The Wall Street Journal citing a person familiar with the matter. Reference Link
15:26 EDTNWSA, DIS, CMCSADirecTV considering acquisition of Hulu, Dow Jones reports
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09:37 EDTNFLXActive equity option families trading on open
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07:10 EDTAMZNU.K. to question Amazon over income tax, Reuters reports
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