New User:

Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 27, 2014
07:53 EDTIEP, EBAY, AMZNPayPal spinoff unlikely as eBay needs it for growth, Reuters reports
As activist investor Carl Icahn (IP) pushes eBay (EBAY) to spin off PayPal, the company sees the payments service as key to the long-term growth prospects of the company, reports Reuters.Their marketplaces business is growing at a slower rate than PayPal and (AMZN). PayPal, estimated to be worth as much as $40B on its own, helps eBay's share price. Reference Link
News For EBAY;IEP;AMZN From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | 4 >>
September 29, 2015
09:35 EDTAMZNActive equity options trading on open
Subscribe for More Information
09:04 EDTAMZNSizmek selected to join Amazon Creative Partner Program
Subscribe for More Information
09:01 EDTAMZNAmazon says Universal Music Group artists available for Prime members to stream
Subscribe for More Information
07:11 EDTAMZNWal-Mart expands pick-up service to new markets, Fortune says
Subscribe for More Information
06:20 EDTAMZNAmazon taps independent drivers for Flex service, WSJ reports
Amazon has recently rolled out a program in Seattle to bring merchandise to customers' homes using a network of independent contractors, the Wall Street Journal reports. The new service, called Amazon Flex, has people signing up for shifts through an app that gives them assignments from mini-warehouses, the report says. Amazon pays its drivers roughly $20 an hour to make deliveries, the report says. Reference Link
September 28, 2015
19:57 EDTAMZNRetailers urge courts to reject Visa, MasterCard settlement, Reuters says
Subscribe for More Information
09:36 EDTAMZN Active equity options trading on open
Subscribe for More Information
08:53 EDTEBAYMercadoLibre downgraded to Sell from Neutral at Citi
Citi downgraded MercadoLibre (MELI) to Sell with an $80 price target citing unfavorable currency moves and slower growth assumptions for Brazil. The stock is three times more expensive than eBay (EBAY), Citi tell investors.
07:38 EDTEBAYBox to hold a user conference
Subscribe for More Information
06:22 EDTAMZNAmazon acquires Safaba Translation Systems, TechFlash reports
Subscribe for More Information
September 25, 2015
16:00 EDTAMZNOptions Update; September 25, 2015
iPath S&P 500 VIX Short-Term Futures up 66c to 25.09. Option volume leaders: AAPL NFLX BAC FB AU NKE PFE INTC AMZN TSLA
14:59 trades off lows, levels to watch
Subscribe for More Information
08:30 EDTAMZNInternap downgraded on earnings miss, negative outlook at Oppenheimer
As noted earlier, Oppenheimer downgraded Internap (INAP) to Perform from Outperform. The firm downgraded the stock after the company significantly lowered its guidance. Oppenheimer says that Internap is not benefiting from strong demand for its prices, while Amazoin (AMZN) is poised to reduce its cloud prices significantly next month, hurting Internap in the process. The firm thinks that if Internap sells the company it will probably obtain less than $10 per share, making the stock's risk/reward unattractive at current levels.
September 24, 2015
20:04 EDTAMZNFacebook virtual reality initiative picks up speed with $99 Samsung device
Thursday's Oculus Connect 2 event saw numerous announcements from Facebook (FB) virtual reality subsidiary Oculus VR, including content deals with major media players as well as a $99 VR headset developed in conjunction with Samsung (SSNLF). CONTENT OFFERINGS: The virtual reality firm will be partnering with Fox (FOX, FOXA) and Lionsgate (LGF) to bring more than 100 films to the Oculus Store at launch. Additionally, Netflix (NFLX), Amazon's (AMZN), TiVo (TIVO), and Hulu -- the joint venture of Disney (DIS), Fox, and Comcast's (CMCSA, CMCSK) NBCUniversal -- will be launching apps for the company's virtual reality products, bringing web TV and streaming content to early adopters of the new technology. MAINSTREAM DEVICE: Samsung joined with Oculus to reveal a new $99 "Gear VR" headset on Thursday. Standing in contrast to Oculus' own pricier devices, the Samsung headset will rely on the company's Galaxy line of smartphones to power its virtual reality experiences. Note that a major point of contention regarding the "blockbuster" potential -- or lack thereof -- of VR technology is whether consumers will be willing to pay upwards of $399 for the Oculus gadgets. Samsung's Gear VR tends more towards what Piper Jaffray analyst Gene Munster has called "medium immersion" devices, potentially allaying investor concern over adoption rates with its more attractive point of entry. PRICE ACTION: Facebook shares closed higher by 0.5% and continued to rise in after-hours trading, up another 0.2%.
17:27 EDTIEPIcahn Enterprises announces launch of new Icahn website
Icahn Enterprises issued the following statement: "On April 2, 2013, the SEC issued a report in which it provided guidance to issuers regarding the use of social media to disclose material nonpublic information. Our Chairman, Carl C. Icahn, intends to use the web site as well as Tumblr, Facebook, Twitter and the web site from time to time to communicate with the public about our company and other issues. It is possible that the information that Icahn posts through the website and to its members, and on Tumblr, Facebook and Twitter, and through the shareholders' Square Table website and to its members, could be deemed to be material information. Therefore, in light of the SEC's guidance, we encourage investors, the media, and others interested in our company to review the information that Icahn provides on the website and to members of, and that he posts on Tumblr, Facebook and Twitter, and that he provides on the shareholders' Square Table website and to its members, in addition to the information that we disclose using our investor relations website... SEC filings, press releases, public conference calls and webcasts."
13:03 EDTAMZNEU investigates internet firms' online practices, Reuters reports
Subscribe for More Information
11:21 EDTAMZNJury says Pendrell patents not infringed on by Samsung, Google products
Pendrell announced earlier, that on September 23, a jury in the United States District Court for the Eastern District of Texas found that certain claims of five digital rights management patents asserted by Pendrell (PCO) subsidiary, ContentGuard Holdings, against Samsung Electronics (SSNLF) and Google (GOOG) are valid, but that Samsung products and Google products accused in the lawsuit do not infringe the asserted patents. ContentGuard is assessing the jury's findings and evaluating its options to challenge the verdict. ContentGuard's claims against Samsung and Google are part of a larger lawsuit filed by ContentGuard against several companies that have not paid for a license to use ContentGuard's patented digital rights management solutions, including Apple (AAPL), DirecTV, HTC, Huawei and Motorola Mobility. The jury verdict does not impact ContentGuard's August 2015 settlement and license agreement with (AMZN); nor does ContentGuard believe the jury verdict will impact or delay ContentGuard's upcoming November trial against Apple. Shares of Pendrell are down 35.34% in morning trading.
08:51 EDTAMZN, EBAYCiti cuts Twitter estimates below consensus, drops target to $30
Citi analyst Mark May says his analysis indicates the consensus estimates for Twitter (TWTR) may be too high as they assume "meaningful increases" in monetization which he believes may prove difficult to realize. May cut his 2015, 2016 and 2017 earnings per share estimates for Twitter to 30c, 34c and 58c, respectively, well below the consensus estimates of 34c, 63c, and $1.03. He also cut his 2016 revenue estimate to 3% below the consensus. It will be difficult for the stock to achieve sustained multiple expansion until user growth accelerates and/or revenue growth stabilizes, May tells investors in a research note. He moved the stock to Citi's "High Risk" designation given Twitter's recent user trends and his belief that his estimates are unlikely to move up in the near-term. He keeps a Neutral rating on the name. May's top picks among U.S. Internet stocks remain Facebook (FB), (AMZN) and eBay (EBAY).
06:59 EDTAMZNFacebook and Google more 'Yelp-like' than ever, says Northland
Northland analyst Darren Aftahi says Facebook (FB), Google (GOOG, GOOGL) and (AMZN) have recently added new features that focus on improved local search as well as tools enabling easier business-consumer communication. Facebook and Google are now more "Yelp-like" than ever, Aftahi tells investors in a research note. And while Apple's (AAPL) new "swipe right" feature could drive a near-term surge in Yelp (YELP) app downloads, it may translate into lower engagement on the Yelp app over longer term, the analyst argues. He remains cautious on Yelp's growth prospects and cut his price target for the stock to $17.75 from $21.50. Shares of the local business review site closed yesterday down 25c to $23.10. Aftahi has an Underperform rating on the stock, his firm's equivalent of a sell.
06:39 EDTEBAYJPMorgan sees 'choppy' near-term outlook for eBay, cuts target to $32
Subscribe for More Information
1 | 2 | 3 | 4 >>

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the disclaimer & terms of use