New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News For IBM;ADBE;BBY;WMT;AMZN;TGT;SHLD;NILE;JCP 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 | 5 | 6 | all recent news | >>
July 1, 2015
16:42 EDTAMZNAmazon exec says not focused on entering luxury fashion market, BofF reports
In an interview with Business of Fashion, Amazon Fashion's Chief Marketing Officer Jennie Perry remarked, "There has been lot of speculation on us entering the luxury market and that is just not something that we’re focused on right now. What we are focused on is developing an experience for our large customer base." However, Perry also remarked that "we’re in [fashion] for the long haul. We’re really invested in this industry." Reference Link
09:46 EDTTGTCriteo rises after said to add Alibaba, Target as customers
Shares of digital marketing solutions provider Criteo (CRTO) are rising in early trading after research firm Pacific Crest raised its price target on the stock. The firm also notes that it appears Criteo has recently added Alibaba (BABA) and Target (TGT) as customers. WHAT'S NEW: In a note to investors this morning, Pacific Crest analyst Evan Wilson said that the firm's checks indicate that Criteo now has cookies on 49% of the top 100 retail and travel websites in the U.S. Wilson noted that Google (GOOG) has 76% of the top 100, but suggested also that its heavy overlap with Criteo reinforces the view that the two companies' cookies serve different purposes. Wilson said Target was a notable Criteo win in the U.S. during Q2, while also saying the firm discovered that some Alibaba sites outside of China now have a Criteo cookie for the first time. Wilson raised his 2016 estimates for Criteo citing the continued strong checks and increased the firm's price target on the stock to $65 from $55. PRICE ACTION: In early trading, Criteo grained $2.30, or 4.8%, to $49.97.
08:50 EDTAMZNChannelAdvisor helps customers expand international reach with Amazon Mexico
ChannelAdvisor announced it is helping its customers expand their international reach through its support of Amazon Mexico that just launched its physical goods store and marketplace on June 30. With products in categories such as consumer electronics, home and garden, sports, health and personal care, home improvement and more, Amazon Mexico offers retailers and branded manufacturers a comprehensive site to sell into Mexico. Retailers can ship Amazon Mexico orders from their own distribution center or use Fulfillment by Amazon. Retailers and branded manufacturers using FBA for Amazon Mexico orders are required to import their products to an Amazon Fulfillment Center located in Mexico for storage and local fulfillment. When using FBA, Amazon will provide 24-hour, local language customer support on behalf of the retailer.
08:38 EDTAMZNKnowles outlook has improved, says JMP Securities
Subscribe for More Information
06:23 EDTAMZNTwitch’s E3 coverage attracted more than 21M viewers
Subscribe for More Information
06:03 EDTIBMIBM completes sale of its semiconductor business to Globalfoundries
IBM announced that the acquisition of the company's global commercial semiconductor technology business by Globalfoundries has been completed. With the closing of this transaction, Globalfoundries becomes IBM's exclusive semiconductor processor technology provider for the next 10 years.
05:54 EDTAMZNStagnant tablet demand to continue in 2H15, DigiTimes reports
Subscribe for More Information
05:53 EDTIBMIBM and BOE sign agreement to develop health management platform, DigiTimes says
IBM and BOE have signed an agreement to develop a new health management data platform, reports DigiTimes. The companies will form a team to build health management systems specializing in cognitive computing and other health management areas. Reference Link
June 30, 2015
15:20 EDTJCPMoody's raises J.C. Penney liquidity rating to SGL-1 from SGL-2
Moody's Investors Service revised J.C. Penney's rating outlook to positive from stable. Moody's also affirmed the company's Caa1 Corporate Family Rating, and raised the company's Speculative Grade Liquidity rating to SGL-1 from SGL-2. "The rating outlook revision to positive from stable reflects Moody's view that JC Penney's operating performance has shown signs of improvement as a result of better merchandising, cost controls, and integration of its online business" said Moody's Vice President Scott Tuhy. He added, "we have seen positive momentum building for the company to achieve $700M to $800M of adjusted EBITDA, a level in which earnings would fully cover cash flow and interest". The upgrade in the Speculative Grade Liquidity rating primarily reflects the company's improved operating performance as we expect free cash flow to be near break-even levels and the company's meaningful cash balances are sufficient to cover expected seasonal working capital needs.
09:07 EDTAMZNAmazon launching Selling on Amazon, Fulfillment by Amazon for firms in Mexico
Subscribe for More Information
09:02 EDTAMZNAmazon announces expansion in Mexico
Subscribe for More Information
07:29 EDTWMTNon-profit group: Wal-Mart made deceptive ‘Made in the USA’ claims
Subscribe for More Information
06:24 EDTAMZNAmazon expanding Prime Now to London, TechCrunch reports
Subscribe for More Information
05:59 EDTIBMGartner: Worldwide IT spending on pace to decline 5.5% in 2015
Worldwide IT spending is on pace to total $3.5T in 2015, a 5.5% decline from 2014, according to the latest forecast by Gartner, Inc. Analysts attribute the decline to the rising U.S. dollar. In constant-currency terms, the market is projected to grow 2.5%. In Gartner's previous forecast in April, it had forecast IT spending to decline 1.3% in U.S. dollars and grow 3.1% in constant currency. "We want to stress that this is not a market crash. Such are the illusions that large swings in the value of the U.S. dollar versus other currencies can create," said John-David Lovelock, research vice president at Gartner. "However, there are secondary effects to the rising U.S. dollar. Vendors do have to raise prices to protect costs and margins of their products, and enterprises and consumers will have to make new purchase decisions in light of the new prices." Communications services will continue to be the largest IT spending segment in 2015 with spending at nearly $1.5T. However, this segment is also experiencing the strongest decline among the five IT sectors. In the device market, mobile phones continue to be the leading segment, with growth in Apple phones, especially in China, keeping overall phone spending consistent. However, overall smartphone unit growth will start to flatten. The PC and tablet market continues to weaken. The expected 10 percent increase in average PC pricing in currency-impacted countries is going ahead, delaying purchases even more than expected. Excessive PC inventory levels, especially in Western Europe, need to be cleared, which will delay Windows 10 inventory in the second half of the year. Within the data center systems segment, storage and network markets are both expected to see weaker growth in U.S. dollar terms as a result of the appreciation of the U.S. dollar. Reference Link
05:33 EDTAMZNAmazon Web Services to open infrastructure region in India
Subscribe for More Information
June 29, 2015
10:55 EDTAMZNAmazon expands lending program to sellers in eight more countries, Reuters says
Subscribe for More Information
09:38 EDTAMZNAmazon same day SKUs up about 70% from last year, says Piper Jaffray
Subscribe for More Information
06:05 EDTIBMNotebook demand expected to be weaker than expected in 2H15, DigiTimes reports
Subscribe for More Information
June 28, 2015
12:47 EDTAMZNTech sector earnings 'melt away' when accounting for stock comp, Barron's says
Subscribe for More Information
June 26, 2015
11:00 EDTAMZNOptions with increasing implied volatility
Options with increasing implied volatility: SRPT AGO CRC WMB AMZN CMG TRIP ZTS AET MBI
10:00 EDTAMZNOn The Fly: Analyst Initiation Summary
Subscribe for More Information
10:00 EDTTGTOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: ARM Holdings (ARMH) downgraded to Underperform from Market Perform at Bernstein... Apogee Enterprises (APOG) downgraded to Market Perform from Outperform at Northland... Atlas Resource Partners (ARP) downgraded to Underperform from Neutral at BofA/Merrill... Bank of the Ozarks (OZRK) downgraded to Hold from Buy at Drexel Hamilton... China Cord Blood (CO) downgraded to Neutral from Buy at Roth Capital... Citizens Financial (CFG) downgraded to Neutral from Buy at Guggenheim... Community Health (CYH) downgraded to Market Perform from Outperform at Raymond James... Eagle Bancorp (EGBN) downgraded to Hold from Buy at Sandler O'Neill... Fifth Street Senior (FSFR) downgraded to Neutral from Buy at UBS... FireEye (FEYE) downgraded to Equal Weight from Overweight at Barclays... Insight Enterprises (NSIT) downgraded to Underperform at Raymond James... Micron (MU) downgraded to Neutral from Buy at Mizuho... SYNNEX (SNX) downgraded to Hold from Buy at Needham... Swatch Group (SWGAY) downgraded to Equal Weight from Overweight at Barclays... Target (TGT) downgraded to Market Perform from Outperform at BMO Capital... Zoetis (ZTS) downgraded to Market Perform from Outperform at BMO Capital.
08:24 EDTAMZNEtsy price target lowered to $9 from $13 at Wedbush
Subscribe for More Information
07:40 EDTTGTTarget downgraded to Market Perform from Outperform at BMO Capital
BMO Capital downgraded Target to Market Perform citing near-term leadership uncertainty at a time when shares are trading near 52 week and all-time highs. BMO Capital's analyst said it was surprised by the announcement that Kathee Tesija, EPV and Chief Merchandising and Supply Chain Officer will transition into an advisory role but does not view it as a disagreement in strategic direction.
06:17 EDTAMZNConcerns over AWS pricing overblown, says Piper Jaffray
Subscribe for More Information
June 25, 2015
18:32 EDTAMZNAmazon establishes $100M fund for voice technology
Subscribe for More Information
16:49 EDTAMZNAmazon.com initiated with a Buy at Mizuho
Target $498.
12:59 EDTAMZNOptions with increasing implied volatility
Subscribe for More Information
10:00 EDTAMZNOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
09:34 EDTAMZNActive equity options trading on open
Active equity options trading on open: AAPL FB NFLX AMZN BAC CVX TWTR INTC GILD BBBY
09:04 EDTAMZNAmazon opens Alexa Voice Service to third party hardware makers
Subscribe for More Information
09:03 EDTTGTTarget: Chief Merchandising and Supply Chain Officer to move to advisory role
Subscribe for More Information
08:26 EDTTGTTarget management to meet with Evercore ISI
Field trip to company headquarters to be held in Minneapolis on June 29 hosted by Evercore ISI.
07:17 EDTIBMRed Hat to hold a summit
Subscribe for More Information
06:25 EDTAMZNAmazon.com downgraded to Hold from Buy at Evercore ISI
Evercore downgraded Amazon.com to Hold and maintained its $460 price target. The firm downgraded shares due to valuation and growing capital investment through leasing activity. Evercore ISI said increased capital leasing activity has grown to over 50% of capital investment in Q1 2015 from 33% in Q1 2013, making modeling free-cash-flow upside more difficult.
June 24, 2015
17:57 EDTIBMWall Street applauds Senate giving go-ahead for 'fast track' trade powers
Subscribe for More Information
16:21 EDTIBMOn The Fly: Top stock stories for Wednesday
Subscribe for More Information
15:53 EDTBBYSunTrust identifies the most likely M&A activity in specialty retail
Subscribe for More Information
12:30 EDTIBMOn The Fly: Top stock stories at midday
Subscribe for More Information
11:16 EDTAMZNOptions with increasing implied volatility
Options with increasing implied volatility: WMB AMZN CMG BIIB VMW QLIK ISRG FB UA FFIV
11:11 EDTSHLD, BBYAnalyst says Best Buy shares poised to rise
Best Buy's (BBY) stock is poised to advance after the company reports its second quarter results, research firm B. Riley predicted. WHAT'S NEW: Best Buy's forecast for increased margins in the second half of the year, along with easing comparisons, should cause the stock to rise, predicted B. Riley in a note to investors earlier today. The shares will be particularly well-positioned to climb after the company updates its guidance following its Q2 results, the firm believes. Best Buy's initiatives should help increase its revenue and profits heading into fiscal 2017 and the retailer can continues to increase its market share at the expense of Sears (SHLD), RadioShack and others. Additionally, macro economic trends remain favorable for Best Buy and its key product categories continue to perform well, according to B. Riley. The firm, which is particularly confident about the company's ability to beat Q4 consensus estimates, keeps a $47 price target on the name and reiterates a Buy rating on the shares. WHAT'S NOTABLE: In their own note to investors this morning, SunTrust analysts David Magee and D. Mitch Van Zelfden speculated on potential M&A activity in the specialty retail space, noting that "Wall Street’s appetite for acquisitions has strengthened recently." In their opinion, Best Buy acquiring GameStop (GME) is among the "most compelling relationships" in the sector, the note explained. PRICE ACTION: In mid-morning trading, Best Buy slid 0.4% to $34.72, while GameStop rose 1.3% to $44.92.
10:26 EDTJCPStocks with call strike movement; TWTR JCP
Twitter (TWTR) December 40 call option implied volatility increased 1% to 44, J.C. Penney (JCP) November 20 call option implied volatility decreased 5% to 42 according to IVolatility.
09:19 EDTAMZNAmazon price target raised to $500 from $460 at Axiom
Subscribe for More Information
09:10 EDTIBMOn The Fly: Pre-market Movers
Subscribe for More Information
09:02 EDTAMZNAmazon says HDR now available on Instant Video for Prime members
Amazon announced that Prime members in the US can instantly watch the debut season of the Amazon Original Series, Mozart in the Jungle in high dynamic range, or HDR, at no additional cost to their membership, marking the first video service to offer HDR
07:35 EDTSHLDCFA Society of Chicago to hold a meeting
Subscribe for More Information
07:27 EDTBBYBest Buy recommended ahead of 2H margin gains at B. Riley
Subscribe for More Information
06:22 EDTWMTWal-Mart to charge fees to ‘almost all’ vendors, Reuters reports
Subscribe for More Information
06:00 EDTAMZNGoogle held 29 high-level meetings in Brussels in 6 months, Financial Times says
Subscribe for More Information
05:49 EDTAMZNStocks with implied volatility movement; AMZN LNG
Stocks with implied volatility movement; Amazon.com (AMZN) 34, Cheniere Energy (LNG) 35 according to iVolatility.
05:10 EDTIBMIBM, Box announce global partnership
Subscribe for More Information
June 23, 2015
18:04 EDTAMZN, WMTWal-Mart poaches technology talent from eBay, WSJ says
Subscribe for More Information
16:29 EDTWMTOn The Fly: Top stock stories for Tuesday
Subscribe for More Information
16:00 EDTAMZNOptions Update; June 23, 2015
iPath S&P 500 VIX Short-Term Futures down 46c to 17. Option volume leaders: AAPL FB AAPL T BAC MU BTU WMB AMZN TWTR BBRY
14:57 EDTAMZNAmazon.com to remove Confederate flag merchandise from site, Reuters says
Subscribe for More Information
14:42 EDTAMZNAmazon.com to remove Confederate flag merchandise from site, Reuters says
Subscribe for More Information
13:37 EDTWMTOn The Fly: Top stock stories at midday
Subscribe for More Information
11:00 EDTAMZNOptions with increasing implied volatility
Options with increasing implied volatility:TRIP WPZ CMG BIIB WMB AMZN ISRG VMW
10:45 EDTIBMIBM calls active after report says Ackman to take on big target
Subscribe for More Information
10:01 EDTIBMIBM up after Post says Ackman to take on big target
Subscribe for More Information
09:01 EDTAMZNAmazon.com says Amazon Echo now available to all customers
Subscribe for More Information
08:20 EDTAMZNCLSA IT outsourcing analyst holds an analyst/industry conference call
Subscribe for More Information
07:46 EDTAMZNPiper Jaffray to hold a field trip
Seattle Field Trip travels throughout Seattle visiting with Costco, Starbucks and Amazon on June 23-24.
07:41 EDTIBMRed Hat to hold a summit
Red Hat Summit 2015 is being held in Boston on June 23-26 with webcasted company presentations to begin on June 23 at 4 pm; not all presentations may be webcasted. Webcast Link
07:05 EDTWMTGreen Dot price target raised to $24 from $22 at Piper Jaffray
Subscribe for More Information
06:31 EDTWMTGreen Dot contract terms better than feared, says JPMorgan
Subscribe for More Information
06:04 EDTAMZN, IBMOracle says extending enterprise cloud portfolio
At a live event yesterday, Oracle (ORCL) Executive Chairman of the Board and CTO Larry Ellison announced new additions to the Oracle Cloud Platform, a comprehensive, integrated suite of services that make it easier for developers, IT professionals, business users and analysts to build, extend and integrate cloud applications. With more than 24 new cloud services, the Oracle Cloud Platform "extends Oracle's leadership with the world's broadest and deepest portfolio" of SaaS, PaaS and IaaS. Newly available Oracle Cloud services include, Oracle Database Cloud - Exadata, Oracle Archive Storage Cloud, Oracle Big Data Cloud, Oracle Integration Cloud, Oracle Mobile Cloud, and Oracle Process Cloud. The Oracle Cloud Platform helps customers build new applications, extend existing ones, and easily move existing on-premises workloads to the cloud with no application changes. The services are designed to maximize end user experience and productivity; enable developers to manage and analyze data, rapidly develop, test and deploy applications; enable architects to quickly integrate across on-premises and cloud applications; and enable business users to drive rich business insights and enterprise collaboration. With the Oracle Cloud Platform, customers and partners are able to take advantage of the industry-leading Oracle middleware and database software that thousands of global organizations already use to run their own businesses, all delivered via cloud. The extensive level of automation that has been engineered into the Oracle Cloud, results in faster time-to-value, greater innovation, and lower cost for customers. "Oracle is growing really fast. We sold $426M worth of business in SaaS and PaaS last quarter, a 200 percent increase over the same quarter last year. That's an industry record, no company has ever sold that much in just one quarter," said Ellison. "Oracle is the only company on the planet that can deliver a complete, integrated, standards-based suite of services at every layer of the cloud. Those technology advantages enable us to be much more cost-effective than our competitors. Our new Archive Storage service goes head-to-head with Amazon Glacier (AMZN) and it's one-tenth their price."
05:56 EDTAMZNStocks with implied volatility movement; AMZN AMBA
Subscribe for More Information
June 22, 2015
19:00 EDTWMTOn The Fly: After Hours Movers
Subscribe for More Information
17:43 EDTAMZNAmazon to pay independent authors by number of pages read, Reuters says
Subscribe for More Information
16:33 EDTWMTGreen Dot rallies sharply on Walmart deal
Subscribe for More Information
16:28 EDTWMTGreen Dot up 27% after announcing deal with Wal-Mart
16:02 EDTWMTGreen Dot to remain program manager for Walmart
Subscribe for More Information
06:23 EDTAMZNAmazon updates customer reviews system with machine learning, CNet says
Subscribe for More Information
06:05 EDTADBEAdobe implied volatility of 19 at lower end of index mean range
05:39 EDTIBMNidec, IBM Japan to jointly develop IoT Technology
Subscribe for More Information
June 19, 2015
16:24 EDTTGTStocks end week higher after Fed reassures on gradual pace of rate increases
Subscribe for More Information
16:00 EDTAMZNOptions Update; June 19, 2015
iPath S&P 500 VIX Short-Term Futures up 11c to 18.21, Option volume leaders: AAPL TWTR BAC T FB GILD NFLX BABA AAL MU AMZN
13:38 EDTADBEOptions with decreasing implied volatility
Options with decreasing implied volatility: QIHU PIR RHT BLUE KMX RAD KBH ADBE ACM KR
09:37 EDTAMZNActive equity options trading on open
Subscribe for More Information
08:22 EDTAMZN, WMTChina to let foreign companies fully own e-commerce businesses, Reuters reports
China's Ministry of Industry and Information Technology announced that, effective immediately, foreign companies will be allowed to have full ownership of some e-commerce businesses, reported Reuters. Players in China's booming e-commerce market include market leader Alibaba Group (BABA) as well as JD.com (JD), Amazon.com (AMZN), Vipshop (VIPS) Wal-Mart (WMT), which holds a stake in shopping site Yihaodian, the report noted. Reference Link
06:22 EDTIBMLayoffs commenced at IBM this week, Business Insider reports
Subscribe for More Information
05:52 EDTAMZNStocks with implied volatility movement; AMZN QCOM
Stocks with implied volatility movement; Amazon.com (AMZN) 24, Qualcomm (QCOM) 19 according to iVolatility.
June 18, 2015
12:04 EDTAMZNActive options: AAPL ORCL FB RAD BAC HTZ MU GE TSLA AMZN BABA KO
Subscribe for More Information
11:43 EDTIBMIBM, Sogeti partnering on hybrid cloud development
Subscribe for More Information
10:54 EDTAMZNAmazon says long-term pact struck with publisher Penguin, AP reports
Subscribe for More Information
10:33 EDTADBEOptions with decreasing implied volatility
Subscribe for More Information
09:35 EDTAMZNActive equity options trading on open
Subscribe for More Information
08:48 EDTWMTWal-Mart holds ‘at least’ $76B in overseas tax havens, NY Post reports
Subscribe for More Information
08:14 EDTAMZNAmazon.com international EGM revenues poised to accelerate, says Bernstein
Subscribe for More Information
08:04 EDTAMZNGoogle accelerating pace of cloud product innovation, says Baird
Subscribe for More Information
07:26 EDTIBMImperva price target raised to $75 from $59 at Stephens
Subscribe for More Information
June 17, 2015
18:14 EDTTGTTarget to eliminate jobs at its corporate headquarters, AP says
Subscribe for More Information
13:43 EDTAMZNAmazon.com says 30-minute delivery by drone on the horizon, AP reports
Subscribe for More Information
11:24 EDTADBEAdobe CEO sees stability, momentum across all businesses
The Adobe CEO is speaking on CNBC.
10:37 EDTADBEOptions with decreasing implied volatility
Options with decreasing implied volatility: QIHU BOX RH ADBE NLY
09:40 EDTADBEActive equity options trading on open
Subscribe for More Information
09:36 EDTADBEActive equity options trading on open
Active equity options trading on open: AAPL FB AMD ADBE TWTR BABA QIHU NFLX BAC
09:16 EDTAMZNAmazon.com introduces new Kindle Paperwhite
Subscribe for More Information
09:08 EDTAMZNFedEx says properly identified delivery people an 'important issue'
FedEx (FDX) executives, responding to a question about "a prominent user of parcel services," likely referring to Amazon.com (AMZN), reportedly exploring its own solutions for delivery, said that "what a lot of people lose in this conversation" is that setting up a transportation network is extremely capital intensive, requires very sophisticated information technology and takes a very long time to build out to scale. FedEx also said that "research has indicated time and time again that a uniformed person with proper identification showing up at your doorstep is an important issue for customers" and that the consistency of customer experience is very critical. FedEx noted that it will continue to monitor these situations, but that it feels "pretty comfortable in terms of our strategy going forward and our ability to serve the e-commerce market and our customers."
08:36 EDTADBEShutterstock shares oversold after Adobe offering unveiled, says RBC Capital
After Adobe (ADBE) announced its stock images offering, Adobe Stock, RBC Capital thinks that the pricing of the offering is less worse than feared for Shutterstock (SSTK). The firm reiterates an $86 price target and Outperform rating on Shutterstock.
07:24 EDTAMZNHouse Oversight & Government Reform Committee to hold a hearing
The Committee holds a hearing entitled, "Drones: The Next Generation of Commerce?" with Michael Whitaker, Deputy Administrator of the FAA, Brian Wynne, CEO of Association for Unmanned Vehicle Systems International and Paul Misener, Vice President of Amazon on June 17 at 9 am. Webcast Link
07:11 EDTADBEWorries about Shutterstock competition overdone, says Cantor
Subscribe for More Information
06:30 EDTAMZNAmazon’s Twitch wants to bring in 'nongaming brands,' CNBC reports
Subscribe for More Information
06:07 EDTADBEAdobe Q2 subscriber adds is what shares needed, says JPMorgan
Subscribe for More Information
<< 1 | 2 | 3 | 4 | 5 | 6 | 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