RBC Capital Reiterates Outperform Rating & $1100 PT on Amazon.com (AMZN) Following Whole Food (WFM) Acquisition; 'Reasonable Shipping-to-Home Logistics Opportunities Here'

Go back to RBC Capital Reiterates Outperform Rating & $1100 PT on Amazon.com (AMZN) Following Whole Food (WFM) Acquisition; 'Reasonable Shipping-to-Home Logistics Opportunities Here'

CVS Health (CVS) & Walgreens Boots Alliance (WBA) Defended At Mizuho: "We Are Still Not Convinced Amazon (AMZN) Wants to Tackle Pharmacy"

June 19, 2017 4:38 AM EDT

Shares of CVS Health (NYSE: CVS) and Walgreens Boots Alliance (NASDAQ: WBA) sold off on Friday following Amazon.com (NASDAQ: AMZN) announced purchase of Whole Foods Market (NASDAQ:... More

Baird Reiterates Outperform Rating & $1100 PT on Amazon.com (AMZN) Following $13.7B Acquisition of Whole Foods Market (WFM)

June 16, 2017 10:15 AM EDT

Baird reiterates Outperform rating and $1,100 price target on Amazon.com (NASDAQ: AMZN), as the company announced it has reached a definitive agreement to acquire Whole Foods Market (NASDAQ: WFM) for $42/share in cash ($13.7B transaction value, net... More

Panic! as 'Fear of Bezos' Causes Trembling in Grocery and Retail Stocks

June 16, 2017 10:04 AM EDT

Amazon (NASDAQ: AMZN) and its founder and CEO Jeff Bezos have already wiped out billions in equity value from traditional retail stocks, so perhaps it isn't a surprise that today's deal to acquire Whole Foods (Nasdaq: WFM) caused panic... More

Top moving stocks with liquid options: AMZN AAPL WMT TGT NKE BAC NVDA TSLA FB

June 16, 2017 9:57 AM EDT

Top moving stocks with liquid options: AMZN AAPL WMT TGT NKE BAC NVDA TSLA FB

... More

Active options: AMZN NKE TGT AAPL WMT KR TSLA COST NVDA BABA FB FNSR

June 16, 2017 9:37 AM EDT

Active options: AMZN NKE TGT AAPL WMT KR TSLA COST NVDA BABA FB FNSR

... More

Amazon.com (AMZN) Gains 3% on Whole Foods News

June 16, 2017 9:34 AM EDT

Amazon.com (NASDAQ: AMZN) trades up 2.9% on news it will buy Whole Foods (NYSE: WFM)

... More

Amazon.com (AMZN) to Buy Whole Foods Market (WFM) for $13.7B

June 16, 2017 9:00 AM EDT

Amazon (NASDAQ: AMZN) and Whole Foods Market, Inc. (NASDAQ: WFM) today announced that they have entered into a definitive merger agreement under which Amazon will acquire Whole Foods Market for $42 per share in an all-cash transaction valued at approximately $13.7 billion, including Whole Foods... More

Not yet Amazon Prime time: Australia retail sell-off overblown?

June 15, 2017 7:17 PM EDT

By Byron Kaye and Jeffrey Dastin

SYDNEY/SAN FRANCISCO (Reuters) - Since Amazon.com Inc (NASDAQ: AMZN) said in late April it would bring its Marketplace for third-party sellers to Australia, shares of leading bricks-and-mortar retailers have tumbled on fears their growth prospects would be hit.

More than $3 billion, or over 4 percent, has been wiped off the collective market value of six companies - Wesfarmers Ltd (NYSE: WES), Woolworths Ltd (NYSE: WOW), JB Hi-Fi Ltd , Harvey Norman... More

Amazon CEO Bezos asks Twitter followers how to donate his money

June 15, 2017 3:25 PM EDT

By Jeffrey Dastin

(Reuters) - Amazon.com Inc's (NASDAQ: AMZN) billionaire founder Jeff Bezos on Thursday turned to an unusual source of inspiration for how to donate part of his wealth: Twitter.

"I want much of my philanthropic activity to be helping people in the here and now - short term - at the intersection of urgent need and lasting impact," Bezos, one of the world's richest people with a net worth of more than $76 billion, said in... More

Will Amazon (AMZN) Split and be Added to The Dow? Odeon Wouldn't Be Surprised

June 15, 2017 11:38 AM EDT

The rumor mill turned out interesting speculation involving Amazon.com (NASDAQ: AMZN) Thursday morning, suggesting CEO and founder Jeff Bezos could split the stock, potentially opening it up to more investors and allowing inclusion into the Dow Jones Industrial Average. The source of the rumor was a tweet by Doug... More

U.S. tech stocks shaken, but market not stirred

June 15, 2017 10:42 AM EDT

By Lewis Krauskopf, Rodrigo Campos and Megan Davies

NEW YORK (Reuters) - The five largest U.S. technology companies may have lost enough market capitalization over the past week to buy plane maker Boeing, but the benchmark S&P 500 stock index has managed to remain within a... More

Spotify loss widens ahead of potential stock market listing

June 15, 2017 10:16 AM EDT

By Johan Ahlander and Sophie Sassard

STOCKHOLM/LONDON (Reuters) - Music streaming company Spotify's operating loss widened in 2016 but revenue rose significantly, the Swedish company said in its annual financial statement ahead of a possible stock market listing before the end of next year.

Spotify, which recently hired advisers to explore a direct listing on the New York Stock Exchange, reported an operating loss of 349 million euros ($389 million) in 2016, up 47 percent compared with the previous year.

"This is explained by substantial investments that have been made during the year, mostly in product development,... More

'Tech Looks Very Dangerous Here' - Odeon Capital

June 15, 2017 8:57 AM EDT

Odeon Capital's Jahanara Nissar weighs in on the continued sell-off in tech, saying she is not surprised by the move.

"I am not surprised by this action as I pointed out on Tuesday that Investors I talk to are NOT willing to buy at current levels," Nissar commented.... More

Amazon.com (AMZN) PT Raised to $1,200 at Canaccord Genuity; FANG Drivers Still Intact

June 15, 2017 7:57 AM EDT

Canaccord Genuity raised its price target on Amazon.com (NASDAQ: AMZN) to $1,200.00 (from $1,150.00) while maintaining a Buy rating.

Analyst Michael Graham the FANG drivers still intact.

"We refresh our mid-term view of the four key FANG drivers: digital advertising, digital video viewing,... More

Amazon.com (AMZN) PT Raised to $1,100 at Instinet

June 15, 2017 7:11 AM EDT

Instinet raised its price target on Amazon.com (NASDAQ: AMZN) to $1,100.00 (from $975.00) while maintaining a Buy rating.

Analyst Anthony DiClemente notes shares of AMZN are up 21% since Q316 EPS despite 2018 EBITDA estimates moving 10% lower. He said this begs three questions: 1) how should we... More

Messaging startup Slack said to draw interest from Amazon - Bloomberg

June 15, 2017 1:32 AM EDT

(Reuters) - Slack Technologies Inc, a corporate chatroom startup, has received inquiries about a potential takeover from technology companies, including Amazon.com Inc (NASDAQ: AMZN), Bloomberg reported on Thursday.

A deal could value the company at at least $9 billion, the report said,... More

Nokia targets gains from web giants with fastest routers

June 14, 2017 12:41 PM EDT

By Eric Auchard

SAN FRANCISCO (Reuters) - Nokia launched the world's fastest network chips on Wednesday, breaking into the Juniper (NYSE: JNPR) and Cisco (NASDAQ: CSCO) dominated core router market and giving its existing network business a boost.

The new traffic routers can handle the greater demands of virtual reality programming, cloud-based internet services and next-generation mobile communications, the Finnish company said.

Nokia's new products, which grew out of its 15.6 billion-euro ($17.5 billion) 2016 acquisition of Alcatel and its IP network gear business, should help... More

Australian TV station Ten in administration after Murdoch-led backers quit

June 14, 2017 12:09 AM EDT

By Byron Kaye and Jamie Freed

SYDNEY (Reuters) - Australian television broadcaster Ten Network Ltd (NYSE: TEN) called in administrators on Wednesday after creditors including Lachlan Murdoch pulled a debt guarantee and outlined plans to restructure the youth-focused free-to-air broadcaster.

Administrators were appointed after the private companies of News Corp co-chairman Murdoch and regional TV boss Bruce Gordon declined to extend support for a debt facility past 2017, the network said in a statement.

Sydney-based Ten said the unusual move would help it re-negotiate costly content licensing fees... More