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Stock Market & Financial Investment News

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February 7, 2013
07:31 EDTAMZN, OSTKAmazon, Overstock fight "Amazon taxes" in New York court, Reuters reports
Amazon.com (AMZN) Overstock.com (OSTK) yesterday told the State of New York Court of Appeals, that they should be allowed to not charge state sales tax, reports Reuters. The case represents one of the first legal tests of recent "Amazon taxes" meant to make online retailers start charging state sales taxes.Reference Link
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June 19, 2013
07:09 EDTAMZNWal-Mart plays catch up to Amazon.com, WSJ reports
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06:08 EDTAMZNOn the Fly: Periodicals Wrap-Up
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June 18, 2013
09:38 EDTAMZNAmazon rumored to eye Alibaba partnership in China, TechInAsia says
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09:08 EDTAMZNAmazon.com announces social gift giving service
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09:06 EDTAMZNAmazon Kindle FreeTime Unlimited adds new kids content
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08:07 EDTAMZNSynaptics displaced Atmel in new Kindle Fires, says Maxim
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07:42 EDTAMZNO'Reilly Media to hold a conference
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06:17 EDTAMZNTaiwan tablet sales to reach 2M units in 2013, DigiTimes reports
Tablet demand in the Taiwan market is set to reach 2M units in 2013, reports DigiTimes, according to a Far EasTone Telecommunications Officer. Maxwell Cheng said the forecast for tablet sales volume in 2013 is set to double the level in 2012, with the 7-inch models estimated to account for 70%-80% of solid tablets. Reference Link
June 17, 2013
15:29 EDTAMZNGoogle's Chromebook to be available in Wal-Mart, Staples
In addition to Best Buy (BBY) and Amazon.com (AMZN), Google (GOOG) announced that, starting today, Walmart (WMT) will be making the newest Acer Chromebook available in approximately 2,800 stores across the U.S. for $199. Beginning this weekend, Staples (SPLS) will bring a mix of Chromebooks from Acer, HP (HPQ) and Samsung (SSNLF) to each of its stores in the U.S., or more than 1,500 in total. Reference Link
June 13, 2013
07:57 EDTAMZNAmazon Kindle to launch in India this month, WSJ says
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June 12, 2013
15:01 EDTAMZNNew Four Horsemen of Tech option implied volatility is mixed
Amazon.com (AMZN) overall option implied volatility of 29 is below its 26-week average of 31, Google (GOOG) is at 24, near its 26-week average of 23, Apple (AAPL) is at 27; below its 26-week average of 29, IBM (IBM) is at 19, above its 26-average of 16 according to Track Data.
14:30 EDTAMZNRackspace has slight negative readthrough from Amazon cut, says Wells Fargo
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05:51 EDTAMZNAmazon, IBM battle over $600M CIA contract, WSJ reports
The fight between IBM (IBM) and Amazon.com (AMZN) over a $600M contract to set up a cloud-computing system for the Central Intelligence Agency shows the growing importance of intelligence-agency business for technology companies, reports the Wall Street Journal. Reference Link
June 11, 2013
07:23 EDTAMZNAmazon.com shares should be bought by long-term investors, says Bernstein
Bernstein expects Amazon.com's 2014 gross profit margins to significantly beat expectations. The firm expects the company's EBITDA and operating income to exceed expectations over the longer term, and it keeps a $350 price target and Outperform rating on the stock.
06:13 EDTAMZNPiper sees slight downside to Amazon quarter after data
Piper Jaffray says ChannelAdvisor data indicates slight downside to Amazon.com's June quarter. The firm notes ChannelAdvisor sales saw a sequential deceleration to 26% year-over-year growth in May from 31% in April and the March quarter average of 32%. Piper has an Overweight rating on shares of Amazon with a $325 price target.
06:10 EDTAMZNChannelAdvisor reports Amazon, eBay SSS for May
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June 10, 2013
16:01 EDTAMZNOptions Update; June 10, 2013
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16:01 EDTAMZNOptions Update; June 10, 2013
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14:17 EDTAMZNAmazon releases new version of Prime shipping service, Reuters says
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11:40 EDTAMZNRovi retreats after adverse patent decision from ITC
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