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Stock Market & Financial Investment News

News Breaks
June 18, 2014
16:52 EDTAMZN, T, ANGO, HTZOn The Fly: Closing Wrap
The averages opened lower, but soon drifted back across the flat line as investors awaited the conclusion of the two-day FOMC meeting. The market had little else to key in on and as a result drifted throughout most of the session. By the time the FOMC rate statement was released the averages were in negative territory and showed little reaction to the rate decision and accompanying statement. The rate announcement was followed by a press conference by Fed Chair Janet Yellen who clarified statements about the Fed’s bond tapering strategy and the current monetary policies. The Chairwoman stated she hoped the Fed would have better visibility of an exit strategy by the end of the year. The averages drifted higher, however without much conviction. ECONOMIC EVENTS: The Fed lowered monthly bond buying by $10B, and kept rates unchanged. COMPANY NEWS: Amazon.com (AMZN) announced the Fire Phone, an AT&T (T) exclusive smart phone with a 4.7 inch screen and 'dynamic perspective' 3-D interface, at a live event this afternoon. MAJOR MOVERS: AngioDynamics (ANGO) rose 6.7% after receiving FDA clearance for its Celerity tip location system... Hertz Global Holdings (HTZ) gained 4.8% after Reuters reported that Hertz may allow car rentals through Uber. INDEXES: The Dow was up 98.13, or 0.58%, to 16,906.62; the Nasdaq was up 25.60, or 0.59%, to 4,362.84; and the S&P 500 was up 14.99, or 0.77%, to 1,956.98.
News For AMZN;T;ANGO;HTZ From The Last 14 Days
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July 10, 2014
12:35 EDTAMZNFTC alleges Amazon billed parents for children's unauthorized in-app charges
Amazon has billed parents and other account holders for millions of dollars in unauthorized in-app charges incurred by children, according to a Federal Trade Commission complaint filed today in federal court. The FTC’s lawsuit seeks a court order requiring refunds to consumers for the unauthorized charges and permanently banning the company from billing parents and other account holders for in-app charges without their consent. According to the complaint, Amazon keeps 30% of all in-app charges. In its complaint, the FTC alleges that Amazon violated the FTC Act by billing parents and other Amazon account holders for charges incurred by their children without the permission of the parent or other account holder. Amazon’s setup allowed children playing these kids’ games to spend unlimited amounts of money to pay for virtual items within the apps such as “coins,” “stars,” and “acorns” without parental involvement.
11:44 EDTAMZNAmazon ends all book discounts in France, WSJ reports
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11:10 EDTAMZNAmazon Web Services announces file sharing tool Zocalo
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09:36 EDTAMZNActive equity options trading on open
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07:32 EDTAMZNNews Corp. owned HarperCollins looks to bypass Amazon with new site, FT says
News Corp.'s (NWSA) book publishing unit, HarperCollins, relaunched its U.S. website and is now selling books directly to readers, putting it in competition with one of its largest retailers, Amazon.com (AMZN), reported Financial Times. Reference Link
06:36 EDTAMZNAmazon e-book plan leaves authors in dilemma, Bloomberg says
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06:09 EDTAMZNAmazon Web Services partners with Cloudian
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July 9, 2014
16:01 EDTAMZNOptions Update; July 9, 2014
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15:54 EDTTDISH expresses concerns over Comcast, AT&T deals to FCC
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13:44 EDTAMZNNetflix wins video on demand rights to 'Zoo' series, Variety reports
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11:00 EDTAMZNWells says VMware growth could slow, downgrades shares
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09:35 EDTAMZNActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL AA FB AMZN TSLA TWTR MU NFLX GG CELG
09:23 EDTTAT&T exec sees connectivity, healthcare at forefront of wearables, Re/code says
Glenn Lurie, who heads AT&T’s (T) emerging-business efforts, said at the MobileBeat conference that he sees wearables devices needing their own Internet connectivity to take off and that he believes healthcare-focused devices, especially those serving the aging population, as a logical starting place for such devices, according to Re/code. Lurie also predicted that wearables will explode, “just like tablets," when a device maker cracks the code to making them easier to use. Reference Link
08:31 EDTAMZNVMware CEO sees EMC helping it remain independent, WSJ reports
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06:24 EDTAMZNGoogle Cloud Storage offering 2 TB of free storage through partner, WSJ reports
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July 8, 2014
18:24 EDTAMZNAmazon.com proposes e-book authors keep 100% of revenue, WSJ says
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16:00 EDTAMZNOptions Update; July 8, 2014
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07:00 EDTTSprint tests discounted versions of Framily, individual plans, CNet reports
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06:59 EDTTMobile payments company Isis to change name
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06:28 EDTAMZNWal-Mart embracing small store models, online strategies, WSJ reports
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