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Stock Market & Financial Investment News

News For AMZN From The Last 14 Days
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August 31, 2015
08:32 EDTAMZNCSC team wins FAA cloud services contract at more than $108M
CSC (CSC) announced that the FAA awarded its team, including Amazon (AMZN) Web Services, Microsoft (MSFT) Azure and other strategic business partners, a contract to deliver cost-effective cloud services, data center consolidation and cloud migration capabilities. This single-award indefinite-delivery/indefinite-quantity contract is valued at roughly $108.99M with the potential to reach $1B over 10 years. Under the contract, CSC's team will consolidate FAA data centers and migrate FAA data and systems to a hybrid cloud environment. The team will use the CSC Agility Platform cloud management tool to orchestrate efficient cloud deployment while leveraging alliance partners for data and cloud services.
August 30, 2015
21:03 EDTAMZNGoogle adds home service professionals to search results, WSJ says
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18:51 EDTAMZNNetflix to lose access to certain high profile movies, Re/code says
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18:35 EDTAMZNAmazon tests restriction of Prime deliveries, WSJ says
Amazon is testing a program allowing merchants to limit the geographical regions which qualify for two-day shipping under the Prime program, the Wall Street Journal reported Friday. The company is also testing an "Amazon Day" shipping option, under which all items ordered by a given user would arrive on a set day of the week. The initiatives could reduce shipping costs for the e-commerce giant, said the report. Reference Link
14:34 EDTAMZNPayPal shares could gain 40% as e-commerce grows, Barron's says
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August 28, 2015
09:33 EDTAMZN Active equity options trading on open
Active equity options trading on open: AAPL FB NOV NFLX AMZN DIS TSLA T BABA BAC
05:52 EDTAMZNTrendforcce expects global tablet shipments to reach 163M units, DigiTimes says
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August 27, 2015
14:50 EDTAMZNAmazon.com volatility elevated on wide price movement
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10:00 EDTAMZNOn The Fly: Analyst Upgrade Summary
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07:04 EDTAMZNAmazon.com upgraded to Strong Buy at Raymond James after pullback
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06:40 EDTAMZNNielsen to start tracking for online streaming shows, WSJ reports
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06:28 EDTAMZNAmazon lays off engineers working on Fire phone, WSJ reports
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06:21 EDTAMZNAmazon.com upgraded to Strong Buy from Outperform at Raymond James
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August 26, 2015
13:24 EDTAMZNAmazon to launch video service in Japan next month, Kyodo News says
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11:12 EDTAMZNNTT Communications launches Multi-Cloud Connect service
Earlier today, NTT Communications Corporation, the ICT solutions and international communications business within NTT (NTT), announced the launch of Multi-Cloud Connect - an optional feature on NTT Com's Arcstar Universal One that enables enterprises to access third party public cloud services through its high-performance MPLS network for enhanced security and improved connectivity. While enterprise adoption of cloud services continues to accelerate, most of these services are public cloud-based and accessed via the Internet. Inconsistent Internet performance is a major impediment to widespread cloud adoption, especially for MNCs with highly distributed end-users. Multi-Cloud Connect will address these performance issues by connecting the Arcstar Universal One MPLS network directly to public cloud service provider platforms, such as Microsoft (MSFT) Azure and Amazon (AMZN) Web Services, AWS.
10:12 EDTAMZNGoogle climbs after Goldman upgrade, Cantor endorsement
The shares of Google (GOOG, GOOGL) are rallying after Goldman Sachs upgraded the search giant's stock and Cantor Fitzgerald named the stock as one of the top five Internet names to buy amid the market's recent selloff. WHAT'S NEW: Google is in the early innings of a long-term margin expansion process as the search giant intensifies its focus on cost cutting, Goldman analyst Heather Bellini wrote in a note to investors today. Moreover, after conducting checks, Bellini is more upbeat on the company's ability to increase its monetization of YouTube and mobile search. The analyst, who believes that cost cutting combined with the increased monetization is starting to move the needle for the company, hiked her price target on Google's Class A stock to $800 from $660, upgraded the stock and added the shares to Goldman's Americas Conviction List. Meanwhile, Cantor Fitzgerald analyst Youssef Squali named Google as one of his top five Internet stocks to buy amid the market's recent volatility. Google is "relatively resilient," given its 91% share of the global search market as of July and its $61B of net cash as of the end of Q2, the analyst believes. Moreover, the company has virtually no exposure to China and its new corporate structure should improve its transparency, Squali believes. He kept a $720 price target and Buy rating on the stock. WHAT'S NOTABLE: The other four companies on Squali's list of top Internet stocks are Amazon (AMZN), Priceline (PCLN), Facebook (FB), and Alibaba (BABA). PRICE ACTION: In early trading, Google's Class A shares rose 4.4% to $640 and its Class C shares advanced nearly 5% to $610.
10:00 EDTAMZNOn The Fly: Analyst Upgrade Summary
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07:25 EDTAMZNCantor names top five Internet names to buy during selloff
Cantor Fitzgerald analyst Youssef Squali said he "won't attempt to call the bottom" but identified his top five Internet and Media names to buy amid the recent market volatility, all of which have dominance in their respective markets, higher than peer level growth and valuations that he views as reasonable. Squali, who noted that he views concerns over macro risks and China to be overblown, called out Google (GOOG), Amazon (AMZN), Priceline (PCLN), Facebook (FB) and Alibaba (BABA) as having an attractive risk/reward given the selloff in recent sessions. The firm has Buy ratings on all five of the stocks named above.
06:31 EDTAMZNAmazon.com upgraded to Buy on valuation, scale opportunity at Evercore ISI
Evercore ISI analyst Ken Sena upgraded Amazon.com to Buy from Hold said shares are down 12% since reporting Q2 results and 20% below his $585 price target. Sena estimates Amazon's share is still small at 14% of global eCommerce and 4% of Enterprise and continues to appreciate its scale and opportunity for market share and margin gains.
06:29 EDTAMZNAmazon warehouse employees also mistreated, Gawker reports
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