New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
December 26, 2013
10:47 EDTAMZNAmazon edges up after over 1M Prime additions in peak holiday week
Amazon.com (AMZN) announced earlier that Amazon Prime, its annual membership program that offers unlimited free two-day shipping on millions of items, had a record-setting holiday season. Also, Amazon.com's same-store sales jumped 25.2% during the holiday shopping season through December 22, research firm ChannelAdvisor reported. WHAT'S NEW: Amazon.com announced today that more than one million customers around the world became new Prime members in the third week of December. On Amazonís peak shipping day, more Prime items were shipped worldwide than ever before, it added. WHAT'S NOTABLE: Amazon.com's same-store sales rose 25.2% during the period from November 28 through December 22, versus the corresponding "date shifted" period of the holiday shopping season in 2012, ChannelAdvisor stated. From December 16 through December 22 this year, Amazon.com's same-store sales rose 38.9% versus the same period in 2012, the firm noted. ANALYST REACTION: Reacting to the ChannelAdvisor data, Piper Jaffray analyst Gene Munster wrote that Amazon appears to be on track to beat analysts' fourth quarter expectations by a small amount. He kept a $420 price target and Overweight rating on the shares. PRICE ACTION: In mid-morning trading, Amazon.com shares rose $1.70, or 0.43%, to $400.90.
News For AMZN From The Last 14 Days
Check below for free stories on AMZN the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | all recent AMZN news | >>
April 9, 2014
06:01 EDTAMZNRovi sell-off on patent ruling a buying opportunity, says Piper Jaffray
Subscribe for More Information
April 8, 2014
16:21 EDTAMZNOn The Fly: Closing Wrap
Subscribe for More Information
15:02 EDTAMZNRovi issues statement in response to court ruling in Amazon case
The U.S. Court of Appeals issued its decision in Roviís (ROVI) patent infringement litigation against Amazon (AMZN). Rovi had sued Amazon for infringing the two patents at issue in the decision. The appeals court sided with Amazon and found that the District Courtís interpretation of the claims of the patents was correct and therefore Amazon did not infringe these patents. "We are disappointed by this decision," said Rovi executive VP Samir Armaly, worldwide intellectual property and licensing. "It should be noted that this decision relates to only two patents in our extensive portfolio. We believe that our portfolio is even more relevant to Amazon today and going-forward than when the present litigation began in early 2011. Since that time, Amazon has continued to expand its video and over-the-top offerings through new products like the recently announced Fire TV. As illustrated by various recent agreements, Roviís patent portfolio continues to be recognized by leading companies looking to deliver compelling video experiences across multiple screens. We plan to continue to pursue Amazon going-forward to take the necessary licenses under our patent portfolio, not only to protect our rights but also the rights of our existing licensees in this space."
11:48 EDTAMZNRovi down over 7% after appeals court ruling with Amazon
Subscribe for More Information
11:25 EDTAMZNAppeals court upholds ruling that Amazon did not infringe Rovi patents
Subscribe for More Information
11:07 EDTAMZNCourt rules Amazon.com did not infringe on Rovi patent, Bloomberg says
Subscribe for More Information
09:35 EDTAMZNActive equity options trading on open
Subscribe for More Information
09:04 EDTAMZNAmazon Instant Video says video streams on Prime Instant Video tripled y/y
Amazon Instant Videoannounced that video streams on Prime Instant Video nearly tripled year over year. According to a report from Qwilt, which tracks growth in online video usage, Amazon (AMZN) has now passed both Apple (AAPL) and Hulu (NWSA, DIS, CMCSA) in streaming video usage.
09:01 EDTAMZNAmazon SSS grew 26.2% in March, eBay SSS up 17.8%, says ChannelAdvisor
Amazon.com's (AMZN) SSS grew 26.2% in March and eBay's (EBAY) SSS came in at 17.8% for the month, according to ChannelAdvisor. eBay's growth rate was the highest since August 2013, the blog post noted. Reference Link
07:34 EDTAMZNAmazon.com May volatility elevated at 43, shares near five-month low
Amazon.com April call option implied volatility is at 38, May is at 43, June is at 35; compared to its 26-week average of 29 according to Track Data, suggesting larger near term price movement into the expected release of Q1 results in late April.
06:40 EDTAMZNAmazon Fire TV takes top spot on Amazon's best sellers list, TechCrunch reports
Subscribe for More Information
06:13 EDTAMZNAmazon believes Fire TV will fill gap in mid-market games, Re/code reports
Amazon Games VP Mike Frazzini said the company's Fire TV will provide an outlet for mid-market games made by teams of five to 30 people, reports Re/code. In an interview with Re/code, Frazzini believes it can fill a "gap in the middle" and several of its games can be seen as "complex games in their own right." Reference Link
April 7, 2014
18:19 EDTAMZNAmazon.com Japan to sell alcoholic beverages, Nikkei reports
Subscribe for More Information
16:01 EDTAMZNOptions Update; April 7, 2014
Subscribe for More Information
12:10 EDTAMZNAmazon.com tests Friday's session lows, levels to watch
Subscribe for More Information
09:34 EDTAMZNActive equity options trading on open
Subscribe for More Information
07:35 EDTAMZNAmazon.com announces launch of Amazon Dash
Subscribe for More Information
06:41 EDTAMZNMicrosoft pushes for programming to rival Amazon, Netflix, Bloomberg says
Subscribe for More Information
April 6, 2014
17:48 EDTAMZNGoogle set to announce Android TV, The Verge says
Subscribe for More Information
14:21 EDTAMZNYahoo plans to acquire bigger budget TV programming, WSJ says
Subscribe for More Information
1 | 2 | 3 | all recent AMZN news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use