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Stock Market & Financial Investment News

News Breaks
December 26, 2013
12:03 EDTAMZN, UPS, FDX, EBAY, DDD, TXTR, GDPOn The Fly: Midday Wrap
Stocks on Wall Street were higher at midday on the day after Christmas, keeping with the historical trend. Stock futures, which were higher in the pre-market session, firmed after jobless claims were reported to have fallen last week. Following the indication of the futures, the averages jumped at the opening bell and have remained in positive territory throughout the morning. The volume of both news and trading remains light, as expected, with many market participants extending their holiday. ECONOMIC EVENTS: In the U.S., initial jobless claims slid 42K to 338K in the week ended December 21, after the claims estimate for the prior week was revised up 1K to 380K. In China, the official Xinhua news agency reported that the nation's cabinet estimates growth will likely to come in at 7.6% this year, which is just above the government's 7.5% GDP growth target. COMPANY NEWS: Shares of Amazon.com (AMZN) edged up 0.5% after the company said Amazon Prime, its annual membership program, had a record-setting holiday season and that more than 36.8M items were ordered on its sites on Cyber Monday. Also, research firm ChannelAdvisor reported that Amazon's same-store sales jumped 25.2% during the holiday shopping season through December 22. All of this came as Amazon was forced to offer gift cards and refunds on shipping charges to some customers after the swell of orders, plus weather issues, caused United Parcel Service (UPS) and FedEx (FDX) to miss delivering some packages in time for Christmas... Conversely, shares of eBay (EBAY) fell 2% after ChannelAdvisor said that the company's same-store holiday sales had risen just 9.6% through December 22 on a "date shifted" basis compared to last year. MAJOR MOVERS: Among the notable gainers was 3D Systems (DDD), which advanced 6% near noon to recapture all of the 5% slide the stock suffered Tuesday. Among the noteworthy losers was Textura (TXTR), which fell nearly 15% after short selling blog Citron Research alleged fraud was committed by underwriters of the company's initial public offering. Also lower were shares of Goodrich Petroleum (GDP), which slid 8% after a well in Mississippi owned by the company became plugged up with frac-related debris and will need to be cleaned out prior to resuming flowback. INDEXES: Near noon, the Dow was up 74.49, or 0.46%, to 16,432.04, the Nasdaq was up 10.28, or 0.25%, to 4,165.70, and the S&P 500 was up 5.83, or 0.32%, to 1,839.15.
News For AMZN;UPS;FDX;EBAY;DDD;TXTR;GDP From The Last 14 Days
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April 2, 2014
12:43 EDTGDPGoodrich Petroleum management to meet with SunTrust
Group dinner to be held in New York on April 7 hosted by SunTrust.
12:22 EDTAMZN, FDXFAA says Amazon.com pays $91,000 civil penalty
Amazon.com (AMZN) paid in full a $91,000 civil penalty that the U.S. Department of Transportation’s Federal Aviation Administration had proposed against the Seattle, Wash. company for violating Department of Transportation Hazardous Materials Regulations. On September 16, 2013, Amazon employees improperly shipped a package containing flammable liquid adhesive by air on Federal Express (FDX) from Whitestown, Ind., to Boulder, Colo. FedEx employees in Boulder discovered a gallon container of the adhesive was leaking.The adhesive is classified as a hazardous material under Department of Transportation regulations. Amazon offered the shipment without the requisite shipping papers or emergency response information, and did not mark, label, or properly package the shipment. Amazon also failed to properly train its employees in preparing HazMat packages for shipment by air. The FAA issued the proposed civil penalty letter in late February.
12:00 EDTAMZNAmazon Game Studios introduces Sev Zero for Amazon Fire TV
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12:00 EDTAMZNAmazon introduces Fire TV
Amazon is excited to unveil its newest innovation—Fire TV, a tiny box that plugs into your HDTV for easy and instant access to Netflix, Prime Instant Video, Hulu Plus, WatchESPN, SHOWTIME, low-cost video rentals, and much more. Fire TV also brings photos, music, and games to the living room. Amazon Fire TV features: Voice search, content, quad-core processor with over 3x the processing power of Apple TV, Chromecast, or Roku 3, a dedicated GPU, plus 4x the memory of Apple TV, Chromecast, or Roku 3 for exceptional speed and fluidity, An exclusive new feature called ASAP, X-Ray for movies, TV shows, and music and FreeTime. Fire TV is available starting today for just $99.
11:54 EDTAMZNAmazon says Fire TV shipping today
11:51 EDTAMZNAmazon says Fire TV to cost $99
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11:47 EDTAMZNAmazon says will be making games through Amazon Game Studios
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11:40 EDTAMZNAmazon says Fire TV also a gaming console
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11:22 EDTAMZNAmazon says Fire TV remote control uses bluetooth
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11:15 EDTAMZNAmazon says Fire TV 'three times as powerful' as Apple TV, Roku, Chromecast
11:13 EDTAMZNAmazon.com says Fire TV allows users to watch shows, movies on TV
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11:12 EDTAMZNAmazon announces Amazon Fire TV box
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09:35 EDTAMZNActive equity options trading on open
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09:18 EDTAMZNOn The Fly: Pre-market Movers
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08:15 EDTDDD3D Systems acquires Medical Modeling
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08:06 EDTAMZNAmazon.com May volatility elevated as shares near five-month low
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06:45 EDTAMZNAmazon expected to announce media streaming device today, Business Insider says
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06:18 EDTAMZNHulu, Comcast expected to strike deal for past NBCU shows, WSJ reports
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06:07 EDTAMZNAmazon allowing customers to return merchandise using lockers, WSJ reports
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05:58 EDTAMZNAmazon.com implied volatility of 41 at upper end of index mean range
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