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Stock Market & Financial Investment News

News Breaks
June 11, 2014
13:55 EDTAMZN, PAmazon launching streaming music service tomorrow, NY Post says
Following prior reports that Amazon.com (AMZN) is readying a streaming music service for Amazon Prime subscribers, The New York Post, citing sources, said that the service will launch Thursday. Pandora (P), which offers its own music streaming service, has moved lower in afternoon trading following the publication of the Post's report. Reference Link
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September 15, 2014
12:35 EDTAMZNCoca-Cola brings back SURGE after 12 year hiatus, exclusively through Amazon
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11:09 EDTAMZNRadioShack rises after CFO resigns, analyst suggests Amazon should buy stores
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08:07 EDTAMZNAmazon.com should consider buying some RadioShack stores, says SunTrust
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07:20 EDTPPandora ad trends improving in back half, says JPMorgan
JPMorgan believes Pandora's advertising is strengthening in the back half of 2014 with accelerating growth in ad revenue. The firm reiterates an Overweight rating on the stock with a $42 price target.
06:29 EDTAMZNAmazon faces tax obstacle in India, FT says
Amazon is now facing regulatory obstacles in India's southern state of Karnataka, where tax authorities have demanded that some of the U.S. company's third party merchants must cease storing products in its warehouses, according to the Financial Times, citing a statement from the internet retailer regarding the situation. Reference Link
September 12, 2014
16:00 EDTAMZNOptions Update; September 12, 2014
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07:58 EDTPPandora outlook has improved, says Oppenheimer
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07:53 EDTAMZNUPS squeezed by growth of e-commerce, power of Amazon, WSJ says
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07:13 EDTAMZNAmazon readies India wholesale plans, Times of India says
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06:30 EDTAMZNGlobal tablet shipments to increase 9.1% in Q3, DigiTimes Research reports
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September 11, 2014
15:45 EDTPPandora management getting savvier on content costs, says Maxim
Maxim said Pandora's (P) new multi-year rights agreement with BMG supports its view that management is getting more savvy on managing content costs. The firm also thinks the tone of Apple (AAPL) at its launch event suggests its service has yet to gain traction as a competitor to Pandora and that comments from Sirius XM's (SIRI) CFO indicate Pandora is gaining traction in car integration. The firm maintains it Buy rating and $35 price target on Pandora.
09:37 EDTAMZNActive equity options trading on open
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09:01 EDTPPandora strikes U.S. licensing deal with BMG
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September 10, 2014
16:00 EDTAMZNOptions Update; September 10, 2014
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10:37 EDTAMZNChannelAdvisor data shows soft August for eBay, says RW Baird
RW Baird analyst Colin Sebastian says ChannelAdvisor same-store-sales data for August confirms eBay (EBAY) had a soft month. Sebastian believes eBay's new Defect Rate may be pressuring sellers. He remains "somewhat cautious" on eBay in the near-term, but keeps an Outperform rating on the name. Sebastian noted that same-store-sakes data for Amazon.com (AMZN) is more positive.
10:31 EDTAMZNChannelAdvisor says August Amazon SSS up 45.1%, eBay up 5.9%
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10:26 EDTAMZNDiscovery CEO says likes doing deals with Netflix, Amazon
CEO David Zaslav says Comcast (CMCSA)/Time Warner Cable (TWC) deal "presents some serious issues," is talking to FCC about deal. Says will be opportunistic with international acquisitions, but "We don't feel like we need to acquire anything at this point." Says has more subscribers than ESPN with Europsport. Comments made at the Goldman Sachs Communacopia Conference.
09:38 EDTAMZNActive equity options trading on open
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08:02 EDTAMZNTrex launches Outdoor Lighting on Amazon.com
Trex (TREX) has officially entered the e-commerce marketplace with the launch of its high-performance Trex Outdoor Lighting collection on Amazon.com (AMZN). The first product line to be sold by Trex online, Trex Outdoor Lighting will join other Trex-branded products currently available on Amazon through Trex licensees, including Trex Outdoor Furniture, Trex RainEscape and Trex Pergola.
06:24 EDTAMZNAmazon to debut Fire Phone in U.K.
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