Amazon.com, Inc. (NASDAQ:AMZN) +0.45% is set to soon launch a free, ad-supported video-and-music streaming service, according to a report in the Wall Street Journal. The report said Amazon could launch the new service within the next few months and could include original programming and other shows and movies, as well as free music videos. Amazon recently raised the annual fee on its Prime service to $99 for streaming movies and TV shows in addition to free two-day shipping on many items sold by the e-commerce retailer. Amazon.com, Inc. (NASDAQ:AMZN) shares after opening at $343.15 moved to $344.00 on last trade day and at the end of the day closed at $338.47. Company price to sales ratio in past twelve months was calculated as 2.09 and price to cash ratio as 12.51. Amazon.com, Inc. (NASDAQ:AMZN) showed a negative weekly performance of -8.27%.
Wal-Mart Stores, Inc. (NYSE:WMT) paid $24 million in alleged bribes in Mexico, and in addition, made $16 million in “donations” to Mexican local governments as late as 2005 to speed store expansions. Those are significant figures, but now, two years later, it is becoming clear that the retailer is paying a much higher price for its earlier payouts. According to Bloomberg, Wal-Mart disclosed in its annual report filed on March 21 that it spent $439 million in the past two years to investigate its foreign bribery charges, reflecting one of the most expensive probes in U.S. history. Wal-Mart Stores, Inc.(NYSE:WMT) shares fell -0.12% in last trading session and ended the day on $76.14. Wal-Mart Stores, Inc.(NYSE:WMT) return on equity ratio is recorded as 27.20% and its return on assets is 9.70%. Wal-Mart Stores, Inc.(NYSE:WMT) yearly performance is 4.22%.
VMware, Inc. (NYSE:VMW) sporting an 18% year-to-date gain, option players have been increasing their bearish exposure on the stock of late. At the International Securities Exchange (ISE) and Chicago Board Options Exchange (CBOE), for example, 2,234 puts have been bought to open during the past five sessions, compared to 1,088 calls, resulting in a put/call volume ratio of 2.05. VMware, Inc. (NYSE:VMW) shares moved up 1.04% in last trading session and was closed at $106.66, while trading in range of $ 104.30 – 108.26. VMware, Inc. (NYSE:VMW) year to date (YTD) performance is 18.89%.
The US wireless market is expected to be over $200 Billion in revenues. The country has largest number of high speed 4G LTE customers. Average expenditure of carriers’ per customer is estimated to be around six times that of their global counterparts. The industry has seen consolidation in the past. The US now has only four major players in the wireless industry. Sprint Corporation (NYSE:S) acquired Clearwire and T-Mobile US Inc (NYSE:TMUS) had a merger with MetroPCS. Sprint Corporation (NYSE:S) weekly performance is 1.87%. On last trading day company shares ended up $9.27. Sprint Corporation (NYSE:S) distance from 50-day simple moving average (SMA50) is 7.68%. Analysts mean target price for the company is $7.28.
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