Call Buying Activity in Amazon (AMZN) Targets Upside in Shares -Susquehanna

Carrefour confident over overhaul despite fourth-quarter 'yellow vests' hit

January 22, 2019 11:55 AM EST

By Dominique Vidalon

PARIS (Reuters) - Carrefour (OTC: CARR) said on Tuesday it was confident its overhaul plan was on track, although sales growth slowed slightly in the fourth quarter as 10 weeks of anti-government protests hit hypermarket sales in its core French market.

Elsewhere in Europe, Spain and Italy remained tough spots amid competitive pressures and challenging economic conditions but Brazil continued to improve.

Europe's largest retailer is in the midst of a five-year plan it launched exactly one year ago to cut costs and jobs, boost e-commerce... More

Amazon (AMZN) & Facebook (FB): The Post-Netflix (NFLX) Risk-On Ideas - MKM

January 22, 2019 7:03 AM EST

MKM Partners analyst, Rob Sanderson, highlighted shares of Amazon.com (NASDAQ: AMZN) and Facebook (NASDAQ: FB) as the likely beneficiaries of a renewed appetite for risk in the wake of Netflix (NASDAQ: NFLX)... More

'Fill or kill': the three weeks that saved Sears

January 22, 2019 6:03 AM EST

By Mike Spector and Jessica DiNapoli

NEW YORK (Reuters) - The future of Sears Holdings Corp (OTC: SHLDQ) and tens of thousands of its employees across the United States hung in the balance in the freezing pre dawn hours last Wednesday, as Wall Street lawyers and bankers sparred over the fate of the beleaguered retailer in a 50-story Manhattan office tower.

Working the phone from Miami, where he has an office and a 17,000-square-foot mansion, was Sears Chairman Eddie Lampert. The investor had to decide between boosting the $5... More

India's Reliance jumps as results show consumer business thriving

January 18, 2019 8:49 AM EST

By Promit Mukherjee

MUMBAI (Reuters) - Shares in India's Reliance Industries (OTC: RELI) rose on Friday, following record quarterly numbers that showed the conglomerate's strategy to diversify beyond refining and petrochemicals was bearing fruit.

The company's gross refining margins - a measure of its core profitability - took a hit amid volatility in oil prices and slowing demand globally, but its fast-growing telecom and retail businesses drove profit to new highs.

Analysts expect that while the outlook in the short term for the core business is challenged, it is the consumer business growth... More

Austrian data privacy activist files complaint against Apple, Amazon, others

January 18, 2019 7:47 AM EST

VIENNA (Reuters) - Apple (NASDAQ: AAPL) and Amazon (NASDAQ: AMZN) are among eight tech firms named in a complaint filed in Austria by non-profit organization noyb, which cited their failure to comply with the European Union's General Data Protection Regulation (GDPR).

The action by noyb, chaired by data privacy activist Max Schrems, also named Netflix (NASDAQ: NFLX), Spotify (NYSE: SPOT) and YouTube (NASDAQ: GOOGL), after it... More

Consumer giants spurn risks to chase online subscribers

January 18, 2019 2:12 AM EST

By Martinne Geller

LONDON (Reuters) - Major consumer companies including Unilever , Procter & Gamble (NYSE: PG) and Nestle are chasing consumers who want food and household goods delivered automatically, even though this kind of business has not always worked.

The companies are pitching new online subscription services, which promise stable revenues, lower delivery costs and valuable data about customers.

The world's biggest packaged food company, Nestle, whose Nespresso coffee is already a sizeable subscription business, recently launched a subscription program for nutritional drinks in Japan and expanded ReadyRefresh, an online... More