New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
June 9, 2014
13:43 EDTEBAY, AMZN, GOOG, ECOMeBay slips after May SSS estimate, Amazon payment launch
Shares of eBay (EBAY) are slipping after e-commerce peer Amazon (AMZN) launched a new online subscription payment service and data released late Friday estimated the impact that eBay's recent data breach may have had on its merchandise volume growth. WHAT'S NEW: Reuters reported that Amazon is aiming to begin managing subscription payments for start-ups and other companies with the launch of its new service, which is the e-commerce giant's latest motion into the territory of PayPal, eBay's payments division, over the past twelve months. WHAT'S NOTABLE: Data released late on Friday by ChannelAdvisor (ECOM), a provider of information and research for retailers, estimated that eBay's same-store-sales rose 11.5% in May, which was down from April's 14% growth. ChannelAdvisor noted that eBay had "unusual" events happen during the month, pointing out that on May 21 eBay announced they were dealing with a data breach from hackers and, the next day, reports said that Google's (GOOG) Panda 4.0 release caused anywhere from 40-80% of eBay's pages to be de-indexed. ANALYST REACTION: Piper Jaffray analyst Gene Munster said that ChannelAdvisor's May SSS report for eBay and the disclosure of the before and after breach impacts to gross merchandise volume growth show that eBay decelerated from about 13% before the breach to about 8% after the breach. Munster feels that this implies U.S. GMV growth was in-line with the firm's lowered estimate. Piper Jaffray anticipates that June data will see a similar affect from the security breach. While Munster says his long-term view of eBay is intact, he feels that Wall Street consensus expectations for eBay's June performance are likely still too high given the chances for lower GMV growth. The firm keeps an Overweight rating on eBay. PRICE ACTION. During afternoon trading, shares of eBay slipped 8c, or 0.2%, to $49.62.
News For EBAY;AMZN;GOOG;ECOM From The Last 14 Days
Check below for free stories on EBAY;AMZN;GOOG;ECOM the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | 4 | all recent news | >>
August 12, 2014
06:27 EDTEBAYeBay down for U.K., European users, The Next Web reports
Subscribe for More Information
05:58 EDTAMZNAmazon's Disney dispute about more than pricing, WSJ reports
Amazon's (AMZN) dispute with Disney (DIS) is about more than pricing, according to the Wall Street Journal, and concerns promotion and product placement on Amazon's website. Additionally, the dispute encompasses questions over "who makes up the difference when Amazon loses money to match the prices of competitors," a source says. Reference Link
August 11, 2014
18:00 EDTGOOGSix-company consortium to build new trans-pacific cable system
Subscribe for More Information
16:00 EDTAMZNOptions Update; August 11, 2014
iPath S&P 500 VIX Short-Term Futures down 1.33 to 31.90. Option volume leaders: AAPL KMI MNKD PBR AMZN SCTY TWTR TSLA according to Track Data.
09:36 EDTGOOG, AMZNActive equity options trading on open
Subscribe for More Information
07:19 EDTGOOGGoogle settles suit over drug ads, to spend $250M on changes, Re/code says
Google has agreed to spend at least $50M a year for at least five years on an internal effort to make content about prescription drug abuse more visible and work with legitimate pharmacies to counter marketing by non-U.S. drug sellers as part of settlement to end shareholder lawsuits over accusations the company improperly allowed certain drug ads, reported Re/code, citing legal documents. Reference Link
06:23 EDTGOOGGoogle testing "Listen Now" music ads, WSJ reports
Subscribe for More Information
August 10, 2014
16:51 EDTGOOGCourt rejects $324M settlement in tech hiring conspiracy, NYT says
Subscribe for More Information
15:44 EDTAMZNAmazon urges customers to express opinions on e-book prices with Hachette
Subscribe for More Information
15:21 EDTAMZNAmazon stops preorders of some Disney movie titles, WSJ says
Subscribe for More Information
August 8, 2014
16:16 EDTGOOGU.S. judge rejects Apple, Google antitrust hiring accord, Bloomberg reports
Subscribe for More Information
12:08 EDTGOOGUpcoming Google tablet may feature 8 MP rear camera, PhoneArena says
Google's upcoming Nexus 8 tablet will feature an 8 MP rear camera, a 64 bit Tegra processor, 4 GB of memory, and the Android L operating system, without any HTC Sense overlay, according to PhoneArena, which cited various leaks and comments from an IHS analyst. Reference Link U
07:10 EDTAMZNAmazon executive defends $2B investment in India, WSJ says
Subscribe for More Information
06:37 EDTGOOGMotorola to be sales arm for Lenovo to increase global shipments, DigiTimes says
Subscribe for More Information
06:01 EDTGOOGYahoo to strengthen email encryption for users, Mashable reports
Subscribe for More Information
August 7, 2014
18:10 EDTAMZNHachette drops bid for Perseus Books, reports WSJ
Subscribe for More Information
09:49 EDTAMZNAmazon readying to launch grocery service in New York area, Re/code says
Subscribe for More Information
09:36 EDTAMZNActive equity options trading on open
Subscribe for More Information
06:36 EDTAMZN, GOOGGoogle, Barnes & Noble launching same-day book delivery service, NY Times says
Google (GOOG) and Barnes & Noble (BKS) today will begin allowing consumers in three cities to order books carried by Barnes & Noble stores and have them delivered to their homes on the same day, according to The New York Times. Users will order the books on Google Shopping Express, and the service will compete with Amazon, the newspaper stated. Reference Link
06:13 EDTGOOGGoogle to boost encrypted websites in rankings
Subscribe for More Information
1 | 2 | 3 | 4 | all recent 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