RBC Capital Reiterates Outperform Rating & $1100 PT on Amazon.com (AMZN) Following Whole Food (WFM) Acquisition; 'Reasonable Shipping-to-Home Logistics Opportunities Here'
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran
- Oil settles down more 3% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- Qtrex Quantum executives plan to buy up to 2M shares over 12 months
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
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 EDTShares 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 EDTBaird 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 EDTAmazon (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 EDTTop moving stocks with liquid options: AMZN AAPL WMT TGT NKE BAC NVDA TSLA FB
... MoreActive options: AMZN NKE TGT AAPL WMT KR TSLA COST NVDA BABA FB FNSR
June 16, 2017 9:37 AM EDTActive options: AMZN NKE TGT AAPL WMT KR TSLA COST NVDA BABA FB FNSR
... MoreAmazon.com (AMZN) Gains 3% on Whole Foods News
June 16, 2017 9:34 AM EDTAmazon.com (NASDAQ: AMZN) trades up 2.9% on news it will buy Whole Foods (NYSE: WFM)
... MoreAmazon.com (AMZN) to Buy Whole Foods Market (WFM) for $13.7B
June 16, 2017 9:00 AM EDTAmazon (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 EDTBy 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 EDTBy 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 EDTThe 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 EDTBy 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 EDTBy 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 EDTOdeon 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 EDTCanaccord 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 EDTInstinet 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 EDTBy 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 EDTBy 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

