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Fly News Breaks for September 7, 2017
WBA, WMT, AMZN, PRGO
Sep 7, 2017 | 15:13 EDT
Wells Fargo analyst David Maris noted that while presenting yesterday at the firm's conference, Perrigo (PRGO) said it would welcome working with Amazon on store brands. Currently, online sales partnerships with e-commerce arms of existing retailers, such as Walmart (WMT) and Walgreens (WBA), account for 1% of Perrigo products, he added. Maris, who said the company made an "upbeat and confident presentation," keeps a Market Perform rating on Perrigo shares.
News For PRGO;AMZN;WMT;WBA From the Last 2 Days
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
WBA
Mar 27, 2024 | 13:20 EDT
Notable companies reporting before tomorrow's open, with earnings consensus, include Walgreens Boots Alliance (WBA), consensus 82c.
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
WBA
Mar 26, 2024 | 06:33 EDT
Morgan Stanley lowered the firm's price target on Walgreens Boots Alliance to $21 from $22 and keeps an Underweight rating on the shares. Ahead of the company's Q2 report, the firm is tempering its FY24 EPS estimate to $3.24 from $3.35 to reflect a variable consumer backdrop. While "hopeful" about Walgreens' turnaround prospects, cost cutting, and pruning of assets, the firm awaits detail on the new CEO's vision and tells investors it is "still likely too early."