The dispute between Amazon.com, Inc (NASDAQ AMZN) and the publisher Hachette continues, with Amazon firing the latest shot. The online retailer Amazon reportedly sent letters to some authors published by Hachette and their agents, offering them 100% of their e-book revenue. An Amazon spokesperson said that Hachette should stop using its authors as “human shields”…
In an interesting development, Facebook Inc (NASDAQ FB) has looked towards Emerging Markets with New Ad Efforts. Facebook Inc (NASDAQ FB) user growth is slowing in North America, though it continues to grow by leaps and bounds in emerging markets. For example, the number of active Facebook users from such countries has grown from 8…
ConocoPhillips (NYSE:COP) raised its quarterly dividend from $0.69 to $0.73 per share today. The new dividend will be paid on 9/2/2014 to shareholders on record as of 7/21/2014. The stock will go ex-dividend on 7/17/2014. ConocoPhillips (NYSE:COP) stock performance was 0.15% in last session and finished the day at $85.67. Traded volume was 8.25million shares…
Digital Ally Inc. (NASDAQ:DGLY) announced that its pending application for patent (No. 8,781,292) received approval from the US Patent and Trademark Office, sending the company’s stock higher by more than 150%. Digital Ally, Inc. (NASDAQ:DGLY) stock performance was 127.35% in last session and finished the day at $7.23. Traded volume was 6.28million shares in the…
Potbelly Corp. (NASDAQ:PBPB), the hot-sandwich seller that went public nine months ago, dropped the most since its October initial public offering after its annual profit forecast and quarterly sales trailed analysts’ estimates. Potbelly Corp (NASDAQ:PBPB) stock performance was -25.12% in last session and finished the day at $10.97. Traded volume was 7.27million shares in the…
Advanced Micro Devices (NYSE:AMD) was the target of unusually large options trading on Thursday. Traders acquired 28,260 put options on the stock, ARN reports. This is an increase of approximately 255% compared to the typical daily volume of 7,963 put options. Advanced Micro Devices, Inc. (NYSE:AMD) stock performance was 1.42% in last session and finished…
