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Stock Market & Financial Investment News

News Breaks
February 5, 2013
07:31 EDTCBS, PSO, AMZN, BKSBookish.com, retail website, to launch today, WSJ reports
Bookish.com, the long-delayed retail website backed by three major publishers, is expected to launch today, reports the Wall Street Journal. Its intent is to make it easier for reading enthusiasts to learn about new novels and nonfiction. The site will sell books directly but also link to such retailers as Amazon.com (AMZN) and BarnesandNoble.com, the online bookselling arm of Barnes & Noble (BKS). The site will initially offer about 1.2M titles. Three publishers funding the site: CBS Corp.'s (CBS) Simon & Schuster., Pearson's (PSO) Penguin Group (USA) and Lagardere SCA's Hachette Book Group. Sixteen other publishers are also supplying content and metadata. Reference Link
News For CBS;PSO;AMZN;BKS From The Last 14 Days
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October 15, 2014
13:21 EDTAMZNAmazon investor sentiment near all-time lows, analyst says
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09:38 EDTAMZNActive equity options trading on open
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09:02 EDTAMZNAmazon reports availability of Cloud Drive on Instant video app
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07:04 EDTAMZNAmazon.com sentiment nearing all-time lows, says Deutsche Bank
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06:32 EDTAMZNTablet supply chains expect lagging orders in Q4, DigiTimes reports
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06:25 EDTAMZNAmazon starts same-day deliveries in the U.K., FT reports
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06:15 EDTCBSCBS upgraded to Buy from Neutral at Citigroup
Citigroup upgraded its rating on CBS (CBS) to Buy citing a compelling risk/reward profile following the recent pullback in shares. Citi believes investor concerns over a softer advertising market and potential renegotiations of retransmission fees are warranted. The firm, however, sees upside from current share levels. It lowered its price target for CBS to $60 from $64. The stock closed yesterday up $1.02 to $49.93.
October 14, 2014
09:37 EDTAMZNActive equity options trading on open
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08:35 EDTAMZNAmazon set to open first retail store in San Francisco, GeekWire reports
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07:23 EDTCBSCBS more attractive than Disney, says Wells Fargo
Among media and cable stocks, Wells Fargo sees the least risk and most reward potential in CBS (CBS). The firm sees the least reward potential and most risk in Disney (DIS). The firm believes that the market is overestimating the ad declines for CBS, and it thinks that CBS' stock may have finally bottomed. Disney has a relatively expensive valuation and tough comps, added Wells Fargo, which keeps Outperform ratings on both stocks.
06:23 EDTAMZNAmazon.in, Future Group enter into a strategic partnership
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06:19 EDTAMZNGoogle expands Express delivery service, to charge membership fee
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October 13, 2014
16:02 EDTAMZNOptions Update; October 13, 2014
iPath S&P 500 VIX Short-Term Futures up 3.71 to 39.56. Option volume leaders: AAPL TSLA TWTR AMZN FB NFLX SUNE GILD BAC PBR according to Track Data.
13:10 EDTAMZNGoogle's Schmidt says Amazon is company's biggest search rival, FT reports
Eric Schmidt, the executive chairman of Google (GOOG), says Amazon (AMZN) is his company's biggest rival in search, not Bing (MSFT) or Yahoo (YHOO), the Financial Times reports. Schmidt also argued in Berlin that Google should not be regulated "as if it were the gatekeeper of the internet," given the influence of Amazon and Facebook (FB). Reference Link
11:24 EDTAMZNAmazon to create 1,000 new permanent jobs at UK fulfillment centers
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09:06 EDTCBSNetflix, CBS sign distribution deal in Europe, Hollywood Reporter says
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09:03 EDTAMZNAmazon says Prime members to get early access to select Lightning Deals
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08:31 EDTAMZNAmazon, Future Group in online sales pact, Economic Times reports
India's largest listed retailer, Future Group, has signed a deal to jointly sell items over the Internet with Amazon, reported Economic Times, which noted that Future will begin by selling apparel and then expand to in-house brands in the home, electronics and food categories. Reference Link
07:07 EDTCBSCBS sell-off brings 'interesting' entry point, says Piper Jaffray
Piper Jaffray says the recent pullback in shares of CBS provides an "interesting" entry point with the new broadcast season showing promise. Piper sees upside to 2015 consensus estimates and keeps an Overweight rating on CBS with a $75 price target.
October 12, 2014
17:20 EDTAMZNGE, Splunk, Cisco, others could benefit from Internet of Things, Barron's says
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