Editor's PickYahoo Finance • 5 minutes ago
Wall Street’s enthusiasm over a potential OPEC deal seems to be fading. Stock futures are little changed after yesterday’s rally in crude prices evaporated.
Editor's PickYahoo Finance • 17 hours ago
Crude’s reality improving as an OPEC deal is reportedly here, and stocks bounce higher on the move. Is this the start of oil’s move past $50 and beyond? Catch The Final Round with Jen Rogers and Yahoo Finance Editor-in-Chief Andy Serwer.
Forbes • 1 hour ago
Based on experiments at Los Angeles International Airport I conclude that Amazon’s management is bent on bettering UPS, FedEx, and USPS by building out its own delivery service to customers in major cities. I believe it will be very profitable. Amazon is delivering packages in Los Angeles, which is likely to
Reuters • 2 hours ago
MUMBAI/HONG KONG (Reuters) - Wal-Mart Stores Inc is in talks to buy a minority stake in India's largest e-commerce firm Flipkart, two people familiar with the matter said, as the world's biggest retailer aims to break into a fast growing but highly competitive online retail market. A deal would pit Wal-Mart against U.S. rival Amazon.com Inc, which has been expanding rapidly in a market that Bank of America Merrill Lynch has forecast will surge to $220 billion in value of goods sold by 2025 from about $11 billion last year. Wal-Mart operates 21 wholesale stores in the South Asian country, but is discouraged from setting up its own bricks-and-mortar shops by rules that limit foreign ownership for multi-brand retailers to 51 percent and the cost of setting up shops in a country as large as India.
Barrons.com • 2 hours ago
Amazon.com (AMZN:Nasdaq) By Maxim Group ($820.92, Sept. 28, 2016) We are increasing our 12-month price target on Amazon.com to $940 from $825. When we initiated coverage on Amazon in June, we noted that the company is increasing its sphere of influence, which we believe will enable it to disrupt the retail and technology sectors. The company has made a number of announcements that advance those efforts including expanding its physical footprint (with more locations near college campuses to drive Amazon Prime membership), adding new markets for its AmazonFresh online grocery delivery effort, and offering new proprietary hardware that expands its Alexa effort (a virtual assistant leveraging artificial intelligence and cloud computing technology).
Amazon.com, Inc. (AMZN)
NasdaqGS - NasdaqGS Real Time Price. Currency in USD
|Bid||830.38 x 100|
|Ask||830.95 x 100|
|Day's Range||817.03 - 830.14|
|52wk Range||474.00 - 830.14|
|1y Target Est||888.88|
|P/E Ratio (ttm)||206.10|
|Avg Vol (3m)||2,852,156|
|Dividend & Yield||N/A (N/A)|
|Earnings Date||Oct 20, 2016 - Oct 24, 2016|