Amazon.com Inc. (NASDAQ:AMZN) is set to ramp up its Prime offerings by launching a music streaming service. Per Buzzfeed, the service will be available to Prime’s subscribed members this summer and will work on a number of mobile devices and computers. The service will be offered free of charge to members paying $99 per year for an Amazon Prime subscription. Amazon.com, Inc. (NASDAQ:AMZN) net profit margin is 0.40% and weekly performance is 2.51%. On last trading day company shares ended up $312.55. Analysts mean target price for the company is $419.33. Amazon.com, Inc. (NASDAQ:AMZN) distance from 50-day simple moving average (SMA50) is -2.14%.
Wal-Mart Stores Inc. (NYSE:WMT) ’s Canadian chief executive officer, Shelley Broader, is being promoted to a job overseeing its operations in Europe, part of a shakeup for the retail chain’s international business. Broader will take the role of CEO for Europe, the Middle East and sub-Saharan Africa, overseeing 1,345 retail units and 285,000 workers, on June 1, Wal-Mart said in a statement. She will report directly to David Cheesewright, the head of Wal-Mart International. Wal-Mart Stores, Inc. (NYSE:WMT) shares advanced 1.04% in last trading session and ended the day on $76.77. Gross Margin is 24.80% and its return on assets is 9.60%. Wal-Mart Stores, Inc. (NYSE:WMT) quarterly performance is 4.08%.
On May 29, 2014, The Honest Company, a family brand providing natural, non-toxic essentials, announced a new partnership with Target Corporation (NYSE:TGT) in which the retailer will offer a selection of The Honest Company products in all Target stores and an expanded assortment on Target.com starting June 15. Target Corporation (NYSE:TGT) shares moved up 1.57% in last trading session and was closed at $56.76, while trading in range of $55.89 – $56.92. Target Corporation (NYSE:TGT) year to date (YTD) performance is -8.94%.
on May 29, 2014 Costco Wholesale Corporation (NASDAQ:COST) announced its operating results for the third quarter (twelve weeks) and the first thirty-six-weeks of fiscal 2014, ended May 11, 2014. Net sales for the quarter increased seven percent, to $25.23 billion, from $23.55 billion last year. Net sales for the first thirty-six weeks increased six percent, to $75.46 billion, from $71.10 billion last year. Costco Wholesale Corporation (NASDAQ:COST) ended the last trading day at $116.02. Company weekly volatility is calculated as 1.23% and price to cash ratio as 7.87. Costco Wholesale Corporation (NASDAQ:COST) showed a positive weekly performance of 1.12%.
Fujitsu Limited (ADR) (OTCMKTS:FJTSY) announced that its invention of high-dimensional interconnect technology(1), which is used in the K computer(2) Fujitsu jointly developed with RIKEN as well as the company’s own FUJITSU Supercomputer PRIMEHPC FX10, was awarded the Imperial Invention Prize. This prize is given to the most outstanding invention at the National Commendation for Invention sponsored by the Japan Institute of Invention and Innovation. Fujitsu Limited (ADR) (OTCMKTS:FJTSY) On last trading day company shares ended up $34.01 .
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