United States

Amazon.com Inc (AMZN.O)

AMZN.O on Nasdaq

28 Jun 2017
Change (% chg)

$-0.00 (-0.00%)
Prev Close
Day's High
Day's Low
Avg. Vol
52-wk High
52-wk Low

Latest Key Developments (Source: Significant Developments)

General Mills CEO - We've pulled back too far on investments in some key categories in FY2017
Wednesday, 28 Jun 2017 11:51am EDT 

June 28 (Reuters) - General Mills :CEO - we've pulled back too far on investments in some key categories and our overall execution was not up to our normal standards in fy2017.CEO - Q4 U.S. Meals & baking net sales decreased 1% hurt by declines in pillsbury refrigerated dough.CFO - " U.S. Industry trends in last few quarters have been challenging, not planning for a significant turnaround in those trends this year".CEO- began to see some improvement in our u.s. Retail sales trends in Q4.CEO- saw improvement in retail sales trends driven by strong merchandising execution and lower price, expect to drive further improvement over fy 2018.CEO- Oui yogurt pricing is premium but affordable.CEO- moderating pace of margin expansion as we focus on topline growth.CEO- " missed the mark last year on promotional spending, on soup and refrigerated dough. So in fy18 our goal is to be in the zone on pricing during the key season".CEO- "we're not looking to win on price... But we know we need to be more competitive this year".CEO- " all of our major customers have e-commerce components. ..there are a variety of customers who participate in e-commerce and so it's not going to be just one winner".CEO on Amazon-Whole Foods deal- "we've got great relationships with Amazon, and with Whole Foods...we feel like we're pretty well positioned".  Full Article

Whole Foods Market to pay $400 mln if merger agreement with Amazon.com is terminated
Friday, 16 Jun 2017 09:36am EDT 

June 16 (Reuters) - Amazon.Com Inc -:Whole Foods Market will be obligated to pay a fee equal to $400 million if merger agreement with co is terminated - sec filing.Company expects to finance merger with Whole Foods Market with debt financing, together with cash on hand.Amazon.com Inc - has entered into a commitment letter dated as of June 15, 2017, with Goldman Sachs Bank USA, among other.Amazon.com - commitment parties to provide 364-day senior unsecured bridge term loan facility of up to $13.7 billion to fund consideration for merger.Company board has unanimously approved merger agreement with whole foods market.  Full Article

Amazon to acquire Whole Foods for $13.7 bln, including debt
Friday, 16 Jun 2017 09:00am EDT 

June 16 (Reuters) - Amazon.Com Inc :Amazon to acquire whole foods market.Amazon says ‍transaction valued at approximately $13.7 billion, including Whole Foods Market's net debt​.Deal for $42 per share.Deal for ‍$13.7 billion​.Whole Foods Market will continue to operate stores under Whole Foods Market brand.John Mackey will remain as CEO of Whole Foods Market and Whole Foods Market's headquarters will stay in Austin, Texas.Deal is an all-cash transaction​.  Full Article

Amazon.com launches one-and-two hour delivery service in Denver
Thursday, 15 Jun 2017 08:00am EDT 

June 15 (Reuters) - Amazon.com Inc ::Announced launch of its Prime Now one- and two-hour delivery service in Denver.  Full Article

Wilan, a quarterhill company, enters into license agreement with amazon
Tuesday, 13 Jun 2017 10:00am EDT 

June 13 (Reuters) - Quarterhill Inc :Wilan, a Quarterhill company, enters into license agreement with amazon.Consideration paid to wilan and all other terms of license agreement are confidential​.Its wholly-owned subsidiary Wi-lan inc has entered into a patent license agreement with amazon.com inc.License resolves litigation pending in Germany.  Full Article

Amazon Web Services announces that AWS Greengrass now available to all customers
Wednesday, 7 Jun 2017 02:47pm EDT 

June 7 (Reuters) - Amazon Web Services Inc : :Amazon Web Services - Announced that AWS Greengrass is now available to all customers.  Full Article

Baristas Coffee Co says Amazon placed order for white coffee single serve cups
Wednesday, 7 Jun 2017 08:22am EDT 

June 7 (Reuters) - Amazon.Com Inc ::Baristas Coffee Company Inc says Amazon placed order for its white coffee single serve cups compatible with Keurig 2.0 k-cup brewing system.  Full Article

Japan's antitrust regulator to end its probe into Amazon Japan-Nikkei
Thursday, 1 Jun 2017 05:21pm EDT 

June 2 (Reuters) - Nikkei::Japan's antitrust regulator to end its probe into amazon japan-nikkei.  Full Article

Amazon.com says rolling out several new Alexa features
Thursday, 1 Jun 2017 10:36am EDT 

June 1 (Reuters) - Amazon.com Inc ::Says rolling out several new Alexa features.Alexa customers can now create named timers, schedule reminders for tasks and chores.Says reminders and named timers on Alexa available from June 1 in U.S., and will be coming to the UK and Germany in the coming weeks.  Full Article

Nippon Express and Amazon.com to start a logistics service to let small and midsize businesses export products to the U.S- Nikkei
Tuesday, 23 May 2017 04:32pm EDT 

May 24 (Reuters) - Nikkei::Nippon Express and Amazon.com to start a logistics service to let small and midsize businesses export products to the U.S- Nikkei.  Full Article

More From Around the Web

UPDATE 2-Delivery Hero on track to raise 1 bln euros with listing

* Delivery Hero needs capital to fight competitors (Adds final pricing)