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Fly News Breaks for September 22, 2016
ATW, ON, BAM, SEAS, AMZN
Sep 22, 2016 | 10:14 EDT
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Amazon.com (AMZN) upgraded to Buy from Hold at Argus with analyst Jim Kelleher saying he believes Amazon is currently growing and expanding margins faster than the stock price has been rising. 2. SeaWorld (SEAS) upgraded to Buy from Neutral at Citi with analyst Jason Bazinet saying the risk/reward looks attractive at current share levels. 3. Brookfield (BAM) upgraded to Top Pick from Outperform at RBC Capital with analyst Neil Downey saying the company is executing well, while its valuation is favorable compared with other names in the sector and it has key competitive advantages. 4. ON Semiconductor (ON) upgraded to Equal Weight from Underweight at Morgan Stanley with analyst Craig Hattenbach saying the Fairchild acquisition will add 16c to 2017 earnings and is less negative on ON Semiconductor shares given the upward bias to estimates. 5. Atwood Oceanics (ATW) upgraded to Neutral from Sell at Clarksons Platou. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
News For AMZN;SEAS;BAM;ON;ATW From the Last 2 Days
AMZN
Mar 28, 2024 | 12:00 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
AMZN
Mar 28, 2024 | 09:50 EDT
After Walmart (WMT) and Vizio (VZIO) pulled and refiled their notification under the Hart-Scott-Rodino Act Wednesday, Dealreporter told its readers that the move "may have investors wondering if this could become another Amazon (AMZN) and iRobot (IRBT) situation," contacts tell The Fly. While the M&A-focused publication said "there are traces of that same dynamic here," it added that "this pull-and-refile suggests this deal is on stronger footing than AMZN-IRBT," according to contacts. The news service sees "a genuine chance that this deal could get a prolonged look from regulators due to some of the similar dynamics at play compared to IRBT and AMZN," it reportedly said.
AMZN
Mar 27, 2024 | 16:24 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
AMZN
Mar 27, 2024 | 15:57 EDT
Welcome to "#SocialStocks," The Fly's weekly recap of Wall Street's reactions to social media stock news. GOVERNMENT SCRUTINY: The Biden... To see the rest of the story go to thefly.com. See Story Here
AMZN
Mar 27, 2024 | 15:10 EDT
"Amazon expects to save roughly $1.3 billion in coming years by radically reducing office vacancies, according to a person familiar with the matter," reports Business Insider ...Reference Link
AMZN
Mar 27, 2024 | 12:54 EDT
Amazon stated: "The work Amazon and Anthropic are doing together to bring the most advanced generative artificial intelligence, or generative AI, technologies to customers worldwide is only beginning. As part of a strategic collaborative agreement, we and Anthropic announced that Anthropic is using Amazon Web Services - AWS - as its primary cloud provider for mission critical workloads, including safety research and future foundation model development. Anthropic will use AWS Trainium and Inferentia chips to build, train, and deploy its future models and has made a long-term commitment to provide AWS customers around the world with access to future generations of its foundation models on Amazon Bedrock, AWS's fully managed service that provides secure, easy access to the industry's widest choice of high-performing, fully managed foundation models, along with the most compelling set of features - including best-in-class retrieval augmented generation, guardrails, model evaluation, and AI-powered agents - that help customers build highly-capable, cost-effective, low latency generative AI applications... Deepening our commitment to advancing generative AI, today we have an update on the announcement we made to invest up to $4 billion in Anthropic for a minority ownership position in the company. Last September, we made an initial investment of $1.25 billion. Today, we made our additional $2.75 billion investment, bringing our total investment in Anthropic to $4 billion." Reference Link
AMZN
Mar 27, 2024 | 12:00 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.  1... To see the rest of the story go to thefly.com. See Story Here
AMZN
Mar 26, 2024 | 17:40 EDT
Audible and Amazon MGM Studios unveiled plans to co-develop and co-produce a slate of Audible Originals as series in development. "We are thrilled to collaborate with our colleagues at Amazon MGM Studios, who share our commitment to accelerating the craft of storytelling, on this new and incredibly exciting endeavor," said Rachel Ghiazza, Chief Content Officer at Audible. "All of the titles in this formidable slate of adaptations feature compelling and inspired narratives, well thought-out, complex characters, and will be brought to life by some of the most dynamic creatives in the industry." She added: "We believe that this is a pivotal and transformative moment for Audible and look forward to this next chapter with great anticipation." "In this digital age, irresistible storytelling is emerging through a variety of mediums, and we are lucky to have engaging Originals debuting through our colleagues at Audible," says Vernon Sanders, head of television, Amazon MGM Studios. "These original podcasts have already engaged and entertained audiences and we look forward to developing a visual component to expand the storytelling." Reference Link
AMZN
Mar 26, 2024 | 12:08 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here