BofA/Merrill Lynch Reiterates Buy on Amazon (AMZN) Following Announced Health Care Partenership

Amazon.com (AMZN) PT Maintained at $1,500 at Canaccord Genuity on 4Q Preview; 'Most Robust L-T Growth Opportunity in Internet Group'

Canaccord Genuity maintained its price target on Amazon.com (NASDAQ: AMZN) at $1,500.00 while maintaining a Buy rating, ahead of the company's fourth quarter earnings announcement on Feb 1, after the market close.

Analyst Michael Graham suggests AMZN has the "most robust long-term growth... More

Amazon.com (AMZN) call put ratio 1.65 calls to 1 put into Q4

Amazon (NASDAQ: AMZN) February weekly call option implied volatility is at 96, February is at 51; compared to its 52-week range of 14 to 38 into Q4 on February 1.

Pre-Open Movers 01/30: (SMRT) (CALD) (CRBP) Higher; (SMG) (MXIMI) (ESRX) (UNH) Lower (more...)

Pre-Open Stock Movers

Stein Mart, Inc. (NASDAQ: SMRT) 15% HIGHER; announced that a Special Committee appointed by its Board of Directors, together with management, have assembled a team to explore all opportunities to improve operating performance and identify potential strategic alternatives. The company has retained PJ SOLOMON as its investment banking and financial advisor and had previously engaged Alvarez & Marsal to review its operations for performance enhancements.

Ultra Clean Holdings, Inc. (Nasdaq: UCTT) 10.2%... More

Amazon/Berkshire/J.P. Morgan Healthcare Partnership Seen as 'Potentially Formidable Combination' - Loop Capital

Loop Capital Markets analyst Anthony Chukumba labels the Amazon (NASDAQ: AMZN), Berkshire Hathaway (NYSE: BRK-A) (NYSE: BRK-B) and J.P. Morgan Chase (NYSE: JPM) partnership to form an independent healthcare company for U.S. employees, a "potentially formidable combination." Goals of the partnership include "improving employee satisfaction and reducing costs"... More

Managed Care Sell-Off on Amazon/Berkshire/JPMorgan News a 'Buying Opportunity' - Evercore ISI

Evercore ISI said the sell-off in managed care stocks on the back of news Amazon (NASDAQ: AMZN), Berkshire Hathaway (NYSE: BRK-A) and JPMorgan Chase & Co. (NYSE: JPM) announced a healthcare partnership is a... More

Walmart to share inventory data with suppliers in battle with Amazon

NEW YORK (Reuters) - Wal-Mart Stores Inc (NYSE: WMT) said on Tuesday the company will share more data with suppliers to move faster in replenishing out-of-stock items as it tries to better compete with rivals like Amazon.com Inc (NASDAQ: AMZN)

The company, which does business as Walmart, said its On Shelf... More

Managed Care Stocks Plunge as Amazon, Berkshire, JPMorgan Partner on Healthcare Plan

In addition to PBMs, managed care companies are sharply lower on news Amazon (NASDAQ:... More

Wall St. ends off day's highs as Fed sees inflation rising

By Stephen Culp

(Reuters) - U.S. stocks finished marginally higher on Wednesday as indexes gave up early gains after the Federal Reserve said it sees inflation rising this year, signaling it remains on track to boost interest rates again in March.

The Fed kept rates unchanged but, in a statement following its two-day policy meeting, it repeated that it expected that "further gradual" rate hikes will be warranted.

"The subtle message is that they will continue to press rates higher," said Scott Kimball, director and portfolio manager at BMO Global Asset Management.

The... More

Amazon, Berkshire, JPMorgan partner to cut U.S. healthcare costs

By Caroline Humer and David Henry

NEW YORK (Reuters) - Amazon.com Inc (NASDAQ: AMZN), Berkshire Hathaway Inc and JPMorgan Chase & Co (NYSE: JPM) said on Tuesday they will form a company to cut health costs for hundreds of thousands of their employees, setting up a major challenge to an inefficient U.S. healthcare system.

The move by three of the best-known U.S. business leaders - Amazon's Jeff Bezos, Berkshire's Warren Buffett and JPMorgan's Jamie Dimon - would take on the world's most expensive... More

PBMs Hit as Amazon, Berkshire, JPMorgan Partner on Healthcare Plan

PBM-related stocks are lower on reports Amazon (NASDAQ: AMZN), Berkshire Hathaway (NYSE: BRK-A) and JPMorgan Chase & Co. (NYSE: JPM)... More

Amazon (AMZN), Berkshire Hathaway (BRK-A) and JPMorgan Chase & Co. (JPM) to Partner on U.S. Employee Healthcare

(Updated - January 30, 2018 7:03 AM EST)

Amazon (NASDAQ: AMZN), Berkshire Hathaway (NYSE: BRK-A) and JPMorgan Chase & Co. (NYSE: JPM) announced today that they are partnering on ways to address healthcare for their U.S. employees, with the aim of improving employee satisfaction and reducing costs. The three companies, which bring their scale and complementary expertise to this long-term effort, will pursue this objective through an independent company that is free from profit-making incentives and constraints. The initial focus of the new company will... More

Amazon (AMZN): Raising PT Ahead of Earnings, PT To $1600 - Guggenheim

Guggenheim analyst, Robert Drbul, reiterated his Buy rating on shares of Amazon.com (NASDAQ: AMZN) and raised his price target to $1,600 from $1,400 ahead of earnings on 2/1.

The analyst stated "Amazon remains our Top Growth Pick in 2018, despite the shares' 22% increase YTD vs.... More

Amazon.com (AMZN) PT Raised to $1,600 at Needham & Company

Needham & Company raised its price target on Amazon.com (NASDAQ: AMZN) to $1,600.00 (from $1,250.00) while maintaining a Buy rating ahead of 4Q17 results on Thursday, February 1.

Analyst Kerry Rice commented, "We expect the company to modestly beat on both revenue and profitability, driven... More

Amazon.com (AMZN) PT Raised to $1,525 at Deutsche Bank on 4Q Preview; 'Rapid Growth in Highest Margin Segments & Expanding TAM'

Deutsche Bank raised its price target on Amazon.com (NASDAQ: AMZN) to $1,525.00 (from $1,425.00) while maintaining a Buy rating, ahead of the company's fourth quarter earnings announcement on Feb. 1, after the market close.

Analyst Lloyd Walmsley notes a positive outlook on the shares, ahead of... More

Stocks with Implied Volatility Movement

Amazon (NASDAQ: AMZN) implied volatility index movement increasing vs 30D HV

Amazon.com (AMZN) call put ratio 1.61 calls to 1 put into Q4

Amazon (NASDAQ: AMZN) February weekly call option implied volatility is at 81, February is at 47; compared to its 52-week range of 14 to 38 into Q4 on February 1.

Amazon's (AMZN) Unrecognized Business That Can Boost Shares By $175 - Citi

Citi analyst, Mark May, reiterated his Buy rating on shares of Amazon.com (NASDAQ: AMZN) and raised his price target to $1,600 on the belief that Amazon's ad business is small relative to the opportunity as few sellers and agencies have developed fully-fledged strategies and... More

Dow, S&P 500 suffer worst one-day fall in five months as Apple drags

By Stephen Culp

NEW YORK (Reuters) - Wall Street pulled back from record highs on Monday, with the Dow and the S&P 500 indexes marking their biggest one-day percentage declines in about five months, weighed down by a slide in Apple shares.

Shares of Apple (NASDAQ: AAPL) fell 2.1 percent on news that the company will halve production of its $999 iPhone X smartphone. The company is due to report earnings on Thursday.

"The market's responding to the question of what Apple's earnings are going to look like, specifically... More

Amazon.com opens its own rainforest in Seattle

By Jeffrey Dastin

SEATTLE (Reuters) - Amazon.com Inc (NASDAQ: AMZN) on Monday opened a rainforest-like office space in Seattle that it hopes will spark new ideas for employees.

While cities across North America are seeking to host Seattle-based Amazon's second headquarters, the world's largest online retailer is still expanding its main campus. Company office towers and high-end eateries have taken the place of warehouses and parking lots in Seattle's South Lake Union district. The Spheres complex, officially open to workers on Tuesday, is the pinnacle of a decade of development here.

Amazon.com (AMZN) PT Raised to $1,600 at Citi

(Updated - January 29, 2018 7:54 AM EST)

(updated to add analyst comment)

Citi raised its price target on Amazon.com (NASDAQ: AMZN) to $1,600.00 (from $1,400.00) while maintaining a Buy rating.

ANalyst Mark May comments "Amazons advertising business, which has come... More

Stocks with Implied Volatility Movement

Amazon (NASDAQ: AMZN) implied volatility index movement increasing vs 30D HV

Stocks with Implied Volatility Movement

Amazon (NASDAQ: AMZN) implied volatility index movement increasing vs 30D HV

U.S. to make streaming services pay more for music

By Jan Wolfe

(Reuters) - U.S. copyright authorities on Saturday decided to increase over the next five years the royalty payments music streaming companies like Spotify and Apple Inc (NASDAQ: AAPL) must make to songwriters and music publishers, a trade association for music publishers said.

The Copyright Royalty Board of the U.S. Library of Congress issued a written decision that altered the formulas used to determine... More

Bed Bath & Beyond (BBBY) Slammed as Tax Savings Will Not Flow Through, JPMorgan Says in Downgrade

Bed Bath & Beyond (NASDAQ: BBBY) shares are down nearly 5% on the session, following a JP Morgan downgrade to Underweight (from Neutral) and a new price target of $18.00 (from $21.00).

Analyst Christopher Horvers acknowledges the encouraging consumer and operating environment BBBY can leverage moving forward, as shares are up 16% since the House passed U.S. tax reform legislation. Consensus estimates for the Street, anticipate a roughly 50% flow-through of tax savings for BBBY, but Horvers tells clients, that assumption "could prove aggressive." The analyst notes BBBY's need to invest in "price, advertising and infrastructure," implying that... More

Stocks with Implied Volatility Movement

Amazon (NASDAQ: AMZN) implied volatility index movement increasing vs 30D HV

Amazon.com (AMZN) PT Raised to $1,400 at Morgan Stanley, Bull Case $2100

Morgan Stanley raised its price target on Amazon.com (NASDAQ: AMZN) to $1,400.00 (from $1,250.00) while maintaining a Overweight rating.

The analyst sees AMZN ad business attacking trade spending & vendor allowance dollars which drives the ad estimates in the model higher and drives... More