UBS on Friday upgraded the online marketplace and Kindle maker, Amazon.com Inc. (NASDAQ: AMZN) to a “buy” from a “neutral” and increased the price target to $385 from $305. UBS’s analyst, Eric Sheridan said that Amazon’s decision to hire 70,000 seasonal employees for the crucial holiday season quarter, reflects its bullish view for the fiscal [...]
The world’s largest e-commerce platform, Amazon.com Inc. (NASDAQ: AMZN) went down for nearly 15 minutes on Monday. Users across Canada and the U.S. couldn’t gain access to the website. Despite several requests to comment over the issue, the Company did not reveal what exactly went wrong which caused rare interruption in its services. Amazon.com is [...]
Citigroup equity research analyst Mark May initiated coverage on 11 Internet stocks on Tuesday. [...]
Shares of D.R. Horton Inc. (NYSE: DHI) rallied about 6.20% by early trade after the homebuilder reported better-than-expected fiscal second quarter results. [...]
Shares of Vera Bradley Inc. (NASDAQ: VRA) slumped on Thursday after the handbag and travel leisure accessories maker provided downbeat outlook on the current quarter and full-year, late last evening. However, fiscal fourth-quarter results exceeded Street’s estimates. For the quarter ended February 2, The Fort Wayne-based Company reported a profit of $25.1 million, or 62 [...]
Shares of world’s largest online retailer Amazon.com Inc. (NASDAQ: AMZN) have risen sharply in trading today even as the company reported weaker-than-expected sales in its fourth quarter. [...]
Shares of Chesapeake Energy Corp. (NYSE: CHK), a natural gas and oil exploration and production company, are soaring in trading today after the company announced its CEO succession plan. [...]
Shares of EnergySolutions Inc. (NYSE: ES) surged 8.28% to $3.72 after the company announced that it agreed to be acquired by a subsidiary of Energy Capital Partners II, LLC in a deal estimated at $1.1 billion. According to the deal, each shareholder of EnergySolutions will get $3.75 in cash for each share of common stock. [...]
Shares of Toyota Motor Corporation (ADR) (NYSE: TM), the Japanese automaker, have edged higher in early trading today. At last check, TM shares were trading 1.49% higher at $91.71 on volume of 51,081. The stock hit an intra-day high of $92.17 earlier today. [...]
Shares of Toyota Motor Corporation (ADR) (NYSE: TM), the Japanese automaker, are marginally lower in early trading today. At last check, TM shares were trading 0.42% lower at $90.80 on volume of 71,782. The stock fell to an intra-day low of $90.41 earlier today. TM shares have fallen more than 2% in the last three [...] |
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