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December 16, 2012
21:02 EDTSCOR, AMZN, EBAYcomScore reported holiday season retail e-commerce spending for 1st 44 days
comScore reported holiday season retail e-commerce spending for the first 44 days of the November–December 2012 holiday season. For the holiday season-to-date $33.8B has been spent online, marking a 13% increase versus the corresponding days last year. The most recent workweek saw four individual days eclipse $1B in spending, led by Green Monday with $1.275B.
News For SCOR;EBAY;AMZN From The Last 14 Days
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November 27, 2015
13:22 EDTAMZNOn The Fly: Top stock stories for Friday
Stocks on Wall Street were mixed following the short Black Friday session. In addition to periodic checks on traffic at malls and big box retailers, the day's media coverage was dominated by discussion of Disney's disclosure that subscribers for ESPN have dropped about 3% from last year's levels. ECONOMIC EVENTS: In the U.S., no major data was released, as several reports that usually come out on Thursdays or Fridays were accelerated into Wednesday due to the holiday. In China, shares of brokerages sold off sharply, with Citic Securities, Founder Securities and China Merchants all falling about 10% on news that the China Securities Regulatory Commission had launched investigations into the firms in an effort to limit short selling and speculation. Amid the rout in the brokerages, the Shanghai Composite index tumbled 5.5%. COMPANY NEWS: Shares of Disney (DIS) fell $3.56, or 3.0%, to $115.11 after the media giant disclosed in a regulatory filing late Wednesday that domestic subscribers for ESPN were estimated to have declined by 3M. As of October 3, ESPN had 92M subscribers in the U.S., as estimated by Nielsen Media Research. In the company's 10-K filing last year, Disney stated that Nielsen estimated that ESPN had 95M subscribers as of September 27, 2014. Disney's weakness weighed on its big media peers as well, with Twenty-First Century Fox (FOX, FOXA) falling 1.2%, Time Warner (TWX) dropping 0.74% and Viacom (VIA, VIAB) sliding 1.8%... Amazon (AMZN) shares were flattish, falling 0.3% despite Adobe Systems estimating that online shoppers in the U.S. would spend $1.7B in online shopping by the end of the day on Thanksgiving, a 22% jump from last year. Additionally, ChannelAdvisor estimated that Amazon had a "strong showing" on Thanksgiving day, calculating that its same-store sales grew 28.9% compared to last year. MAJOR MOVERS: Among the notable gainers was Exact Sciences (EXAS), which rose 3.8% to $9.23 after the Centers for Medicare and Medicaid Services, or CMS, posted the 2016 Clinical Diagnostic Laboratory Fee Schedule. Exact Sciences announced this morning that it has requested that CMS clarify the 2016 reimbursement rate for the company's Cologuard test. Also higher were shares of KaloBios Pharmaceuticals (KBIO), which jumped 30.8% to $34.83 after its new CEO, Martin Shkreli, announced last night via his Twitter account that after speaking with his counsel and advisers that he has decided to stop lending his KaloBios shares out until he "better [understands] the advantages of doing so." Among the noteworthy losers were a number of oil and gas explorers, as Pioneer Energy Services (PES), Stone Energy (SGY) and Southwestern Energy (SWN) fell 8%, 10.2% and 7.2%, respectively, during another down day for oil prices. INDEXES: The Dow fell 14.90, or 0.08%, to 17,798.49, the Nasdaq gained 11.38, or 0.2%, to 5,127.52, and the S&P 500 added 1.24, or 0.06%, to 2,090.11.
12:55 EDTAMZN, EBAYBlack Friday online spending estimated up 15% in early read, Bloomberg reports
Adobe said in an e-mailed statement to Bloomberg that early data show a 15% increase in online spending compared to last year, with $822M spent online between midnight and 11 am this Black Friday morning.
12:19 EDTAMZNOn The Fly: Weekly technical notes for S&P 500
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11:15 EDTEBAY, AMZNChannelAdvisor says Amazon SSS up 29% on Thanksgiving, eBay up 7%
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11:12 offers year of Cloud Drive unlimited online storage for $5.00
The company said: "When you upload a file or photo to Cloud Drive, you're saving a backup copy in Amazon's secure servers. There's no limit to how many files you can upload, and we'll never change or reduce the resolution of your images.I t's easy to access your stuff from nearly any device. Free mobile apps for iOS and Android let you quickly view, organize, and share things when you need to, no matter where you are. Auto-save your photos to Cloud Drive, then delete them from your device. You'll still be able to view and share them on your phone via the free Amazon Photos app." Reference Link
09:36 EDTAMZNActive equity options trading on open
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08:26 EDTEBAY, AMZNAdobe says U.S. e-commerce sales surged on Thanksgiving, Bloomberg reports
Adobe Systems estimated that online shoppers in the U.S. spent $1.1B by 5 pm ET on Thanksgiving and projected that $1.7B would be spent in online shopping by day's end, a 22% jump from last year, reported Bloomberg. Major e-commerce players that may benefit from the surge in spending include (AMZN) and eBay (EBAY), while companies with omnichannel presences including e-commerce and brick-and-mortar locations include Wal-Mart (WMT), Target (TGT), Best Buy (BBY) and Macy's (M). Reference Link
07:45 EDTAMZNAmazon plans to let Prime users add other online networks, Bloomberg reports
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November 25, 2015
18:50 EDTAMZNAmazon to add other networks, channels to Prime Video, Bloomberg says
Amazon (AMZN) will soon partner with "major, well-known" movie and TV channels for its Amazon Prime Instant Video streaming service, allowing customers to add other online subscriptions to their accounts, reports Bloomberg, citing sources. Prime Instant Video will also feature videos and branding from the new partners, most of which expect some form of revenue sharing with Amazon, and the company is working to allow users to directly log in to other streaming services using their Amazon credentials. The company will also sell prepackaged bundles, said the sources, adding that the features could launch as early as next month. The publication notes that the move may help Amazon better compete with Netflix (NFLX) and Hulu, a joint venture of Disney (DIS), Comcast (CMCSA, CMCSK), and Fox (FOX, FOXA). Reference Link
10:29 EDTEBAYeBay says working to resolve issues some users are experiencing
In a tweet to its official Twitter account, eBay states: "We're aware that some users are experiencing issues & we're working to resolve. We apologize for any inconvenience! Stay tuned for updates." Reference Link
10:04 EDTEBAYOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: 21Vianet (VNET) downgraded to Neutral from Overweight at JPMorgan... Anglo American (AAUKY) downgraded to Reduce from Hold at HSBC... Boulder Brands (BDBD) downgraded to Market Perform from Outperform at William Blair... Cracker Barrel (CBRL) downgraded to Hold from Buy at Argus... HP Inc. (HPQ) downgraded to Hold from Buy at Needham... PTC Therapeutics (PTCT) downgraded to Underperform from Hold at Jefferies... SunEdison (SUNE) downgraded to Sell from Neutral at UBS... TerraForm Power (TERP) downgraded to Sell from Neutral at UBS... Tiffany (TIF) downgraded to Neutral from Buy at Monness Crespi... Valspar (VAL) downgraded on negative catalysts at RBC Capital... eBay (EBAY) downgraded to Buy from Conviction Buy at Goldman.
06:46 EDTEBAYeBay downgraded to Buy from Conviction Buy at Goldman
Goldman analyst Heath Terry removed eBay from the Conviction Buy List due to share outperformance. Terry maintains his Buy rating and increased his price target to $33 from $30 on shares, citing a more focused strategy following the PayPal spinoff, investments in technology and marketing to support Marketplaces, ongoing capital returns and what he views as a favorable risk/reward ratio.
06:26 EDTAMZNAmazon founder's rocket company passes landing test, NY Post reports
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November 24, 2015
16:14 to open fulfillment center in Massachusetts
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16:00 EDTAMZNOptions Update; November 24, 2015
iPath S&P 500 VIX Short-Term Futures up 13c to 19.04, Option volume leaders: AAPL FB NFLX BAC PFE AMZN CHK TWTR GE SUNE DE AGN AAL MSFT INTC X BABA A
08:48 EDTAMZNAmazon may be running air cargo trial in Ohio, Motherboard says
Amazon (AMZN), which has been increasingly investing in its own alternatives to UPS (UPS), FedEx (FDX) and other shipping partners, may be utilizing a third-party air cargo operation in Ohio, dubbed "Aerosmith," on a trial basis to transport products between East Coast and West Coast fulfillment operations, according to Motherboard. Reference Link
November 23, 2015
16:02 EDTAMZNOptions Update; November 23, 2015
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09:39 EDTAMZNActive equity options trading on open
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November 20, 2015
16:02 EDTAMZNOptions Update; November 20, 2015
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10:38 EDTAMZNAnalyst sees 'cloud cold war' coming between Google, Microsoft, Amazon
Recent comments by Google (GOOG) indicate that the tech giant plans to make a major push in the cloud infrastructure market, Deutsche Bank analyst Ross Sandler wrote in a note to investors today. Google's initiatives in this area could significantly boost its stock price and signify the start of a "cold war" in the space, but are unlikely to negatively affect the number two player in the area, Microsoft (MSFT), Sandler believes. WHAT'S NEW: Google has not been aggressively expanding its cloud infrastructure business, but recent comments by the tech giant indicates that this situation is changing, Sandler wrote. Google executive Urs Holzle said that the tech giant plans to aggressively expand its cloud platform, and projected that the company's revenue from the cloud could surpass its ad revenue by 2020, the analyst noted. The note comes after Google acquired a small platform-as-a-service company called bebop and appointed its CEO, VmWare (VMW) co-founder Diane Greene, to lead a new cloud business. Based on Hozle's comment, Google is seeking to boost its cloud revenue to $100B by 2020, Sandler estimated. If the tech giant even "gets part of the way" to meeting the goal, the growth in its cloud business will boost its market cap by hundreds of billions of dollars, Sandler believes. Google's push in the cloud is negative for Microsoft, but it will take years for Google to build up its cloud business to the point where it's competitive with Microsoft's cloud offering, Azure, the analyst contended. Amazon (AMZN), which Google also much catch, is the runaway leader in the cloud market. WHAT'S NOTABLE: Google may look to make acquisitions in the software-as-a-service sector to build up its cloud business, and vendors like Red Hat (RHT) which sell to cloud infrastructure providers have added a major new customer, Sandler wrote. Major software-as-a-service providers include (CRM), Workday (WDAY), and Netsuite (N). PRICE ACTION: In early trading, Alphabet Class A shares gained 1.5% to $771.37, Microsoft slid 1.1% to $53.33 and Amazon rose fractionally to $662.87.
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