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Stock Market & Financial Investment News

News Breaks
May 8, 2014
06:52 EDTCMCSA, T, CVC, TWC, TWTR, MSFT, FB, AMZN, GOOG, VZInternet companies oppose new net neutrality plan, Re/code says
More than 100 Internet companies, including Google (GOOG), Amazon (AMZN), Facebook (FB), Microsoft (MSFT) and Twitter (TWTR), are opposing an initiative that the FCC reportedly plans to propose that would allow Internet Service Providers, including Comcast (CMCSA) to sell faster service to content providers, Re/code reported last night. The plan has been reported by the media but not yet released by the agency, the website indicated. Other Internet Service Providers include Time Warner Cable (TWC), Cablevision (CVC), AT&T (T), and Verizon (VZ). Reference Link
News For CMCSA;GOOG;AMZN;FB;MSFT;TWTR;TWC;CVC;T;VZ From The Last 14 Days
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October 7, 2014
13:45 EDTGOOGVringo says several important events scheduled for Q4
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13:33 EDTFB, GOOGGoogle executive says Google+ here to stay, Re/code reports
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12:50 EDTMSFTSamsung aiming for arbitration versus Microsoft, Bloomberg says
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12:45 EDTMSFTMicrosoft near deal to buy text analysis start-up for about $200M, WSJ says
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12:45 EDTMSFTMicrosoft to hold cloud event on October 20
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10:52 EDTMSFTNokia suspends handset production at Chennai facility, Reuters reports
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10:47 EDTTWTRTwitter rallies after positive note, levels to watch
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09:36 EDTTWTR, AMZNActive equity options trading on open
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09:18 EDTGOOGRackspace partnership with Google positive for sentiment, says Wells Fargo
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09:03 EDTGOOGRackspace to offer managed IT services support for full Google Apps for Work
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08:08 EDTAMZNSplunk, AWS to integrate Hunk on Amazon Elastic MapReduce
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08:03 EDTGOOGVonage announces appointment of Alan Masarek as CEO
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07:48 EDTMSFT, GOOGU.S. Chamber of Commerce to hold a discussion
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07:05 EDTAMZNAmazon.com expands seller holiday deals program worldwide
Amazon announced that for the first time, top deals from sellers on Amazon will be featured on holiday deal pages worldwide. The holiday deals from sellers will now appear on the Amazon Today’s Deals page, Black Friday Store, Cyber Monday Store and many other high customer traffic site features. Participating sellers will be offering thousands of deals throughout the holiday season across most product categories. The seller holiday deals program, introduced for the first time last year, is now expanding to be available worldwide on local Amazon sites in the U.S., the EU, China, Japan, India and Canada.
07:00 EDTMSFTReport says 100K Xbox Ones sold throughout China, Kotaku says
A report from Chinese video games news website 17173 said that Shanghai Media Group vice-president Zhang Dazhong accidentally noted that over 100K Microsoft Xbox One consoles sold throughout China during the first week they were launched, according to Kotaku, citing the report from 17173. Reference Link
06:43 EDTFBGM using Facebook, calls to reach out and get recalled cars fixed, AP reports
General Motors (GM) is using Facebook (FB) messages and phone calls to reach out to vehicle owners who have yet to bring in their cars the company has recalled, reports the Associated Press. CEO Mary Barra has also sent a personal letter urging people to get the switches replaced. Reference Link
06:14 EDTAMZNEC probes transfer pricing arrangements on taxation of Amazon in Luxembourg
The European Commission has opened an in-depth investigation to examine whether the decision by Luxembourg's tax authorities with regard to the corporate income tax to be paid by Amazon in Luxembourg comply with the EU rules on state aid. The opening of an in-depth investigation gives interested third parties and the Member States concerned an opportunity to submit comments. It does not prejudge the outcome of the investigation. The tax ruling in favor of Amazon under investigation dates back to 2003 and is still in force. It applies to Amazon's subsidiary Amazon EU Sarl, which is based in Luxembourg and records most of Amazon's European profits. Based on a methodology set by the tax ruling, Amazon EU Sarl pays a tax deductible royalty to a limited liability partnership established in Luxembourg but which is not subject to corporate taxation in Luxembourg. As a result, most European profits of Amazon are recorded in Luxembourg but are not taxed in Luxembourg. At this stage the Commission considers that the amount of this royalty, which lowers the taxable profits of Amazon EU Sarl each year, might not be in line with market conditions. The Commission has concerns that the ruling could underestimate the taxable profits of Amazon EU Sarl, and thereby grant an economic advantage to Amazon by allowing the group to pay less tax than other companies whose profits are allocated in line with market terms. The Commission will now continue investigating to determine whether its concerns are confirmed. Luxembourg did not fully comply with the Commission's request for information as part of its information gathering exercise in relation to tax ruling practices in some Member States but only provided a limited sample. In June the Commission therefore initiated infringement proceedings against Luxembourg by issuing letters of formal notice. Although the Luxembourgish authorities have still not fully complied with the Commission's information request, in August Luxembourg did provide information on a number of cases requested by the Commission, including Amazon. Reference Link
06:07 EDTGOOGYouTube may still be interested in programming for kids, Re/code reports
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06:04 EDTTAT&T issues apology after customer info improperly accessed, Re/code reports
AT&T has issued an apology after an incident in which customer account information was improperly accessed by a worker, Re/code reports. A company spokesman says AT&T is contacting the limited number of affected customers and is also in contact with law enforcement regarding the issue. Reference Link
05:51 EDTTWTRTwitter logged-off strategy could double sales by 2017, says Deutsche Bank
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