Amazon.com, Inc (NASDAQ:AMZN) is debuting three new original children’s television series on its Prime Instant Video streaming service this summer as a way to compete with rival Netflix (NASDAQ:NFLX), which has focused on adults with its award-winning original shows. Amazon also has several original adult series and has previously approved the pilots for the children’s shows Gortimer Gibbon’s Life on Normal Street and Wishenpoof!. Amazon.com, Inc. (NASDAQ:AMZN) net profit margin is 0.40% and weekly performance is 1.87%. On last trading day company shares ended up $297.70. Analysts mean target price for the company is $419.33. Amazon.com, Inc. (NASDAQ:AMZN) distance from 50-day simple moving average (SMA50) is -10.17%.
Intel Corporation (NASDAQ:INTC) saw a significant decrease in short interest in the month of April. As of April 30th, there was short interest totalling 182,576,669 shares, a decrease of 10.0% from the April 15th total of 202,974,802 shares, AnalystRatings.Net reports. Approximately 3.7% of the company’s stock are short sold. Based on an average daily volume of 31,335,235 shares, the days-to-cover ratio is currently 5.8 days. Intel Corporation (NASDAQ:INTC) shares fell -0.73% in last trading session and ended the day on $25.82. Gross Margin is 60.60% and its return on assets is 10.50%. Intel Corporation (NASDAQ:INTC) quarterly performance is 5.17%.
Sprint Corporation (NYSE:S) got a credit line of as much as $1.3 billion backed by the mobile-phone company’s accounts receivable, providing a new source of funding as the carrier spends to improve its network. Under the agreement with Bank of Tokyo-Mitsubishi UFJ Ltd., receivables from wireless service accounts will be sold on a revolving basis for the next two years, Overland Park, Kansas-based Sprint said in a statement. Sprint Corporation (NYSE:S) shares moved down -5.46% in last trading session and was closed at $9.01, while trading in range of $8.98 – $9.57. Sprint Corporation (NYSE:S) year to date (YTD) performance is -16.19%.
Vale SA (ADR) (NYSE:VALE) and Rio Tinto plc (ADR) (NYSE:RIO) both are having a tough period from the time they started with a dispute over the rights to the world’s biggest iron ore deposit. They are facing their own set of problems due to the ongoing dispute. However, Rio Tinto believes that the company doesn’t have to face any serious threats in future. The dispute is immaterial to its $20 Billion Guinea Plan. The work of its project will be carried out as per the decided plans. Rio has committed the timely completion of the mine worth $20 billion to the West African Nation of Guinea. Vale SA (ADR) (NYSE:VALE) ended the last trading day at $13.73. Company weekly volatility is calculated as 2.25% and price to cash ratio as 13.31. Vale SA (ADR) (NYSE:VALE) showed a positive weekly performance of 3.78%.
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