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Stock Market & Financial Investment News

News For DIS;AMZN;CMCSA;GOOG;TWX;NFLX;NWSA From The Last 14 Days
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October 7, 2014
13:33 EDTGOOGGoogle executive says Google+ here to stay, Re/code reports
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10:02 EDTTWXOn The Fly: Analyst Initiation Summary
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09:36 EDTAMZN, NFLXActive 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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07:49 EDTTWXTime Warner initiated with a Buy at MKM Partners
Target $90.
07:48 EDTGOOGU.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.
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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October 6, 2014
18:15 EDTTWXTime Warner unit announces 10% reduction of global workforce
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16:00 EDTNFLX, AMZNOptions Update; October 6, 2014
iPath S&P 500 VIX Short-Term Futures up 46c to 30.08. Option volume leaders: AAPL TSLA TWTR AMZN FB NFLX HPQ C RSH CLF PBR according to Track Data.
10:16 EDTDIS, TWXNBA confirms new nine-year deal with Turner Broadcasting, Disney
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09:37 EDTNFLXActive equity options trading on open
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06:41 EDTTWX, CMCSA'Gone Girl' leads weekend box office with $38M in sales, WSJ reports
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06:35 EDTDISSecond largest Euro Disney stakeholder to choose on rights issue, Reuters says
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06:21 EDTGOOGMicrosoft 2015 solution may not help suppress Chromebook growth, DigiTimes says
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05:17 EDTDISDisney provides statement on recapitalization plan for Euro Disney
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