German ZEW Survey results Expected On Tuesday
TestThe German ZEW survey is due on Tuesday 16th January and is so far the most awaited news of the first two days of this week’s trading. There is a lot of optimism in play as recent stats also show
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Amazon.com Inc. (Nasdaq:AMZN) CFO says company investing in India; Oi SA (NYSE:OIBR) , Books-A-Million Inc. (Nasdaq:BAMM)
By Leslie Bailey
Amazon.com Inc. (Nasdaq:AMZN) CFO says company investing in India. Amazon CFO Thomas Szkutak stated that the company thinks that India is a very interesting opportunity and the company is investing in India. Szkutak added that the company is also investing in China. Szkutak also stated that the company should see some benefits, over a long period of time, if fuel prices are sustainable. Comments provided during Q4 earnings conference call. AMZN closed for the day at $7.87 with a change of $311.78.Trailing 12 month’s profit margin for AMZN is -0.25% and for the same period, its operating margin is 0.12%.
Oi SA (NYSE:OIBR) cancels shareholder compensation policy for FY13-FY16. Oi S.A., in accordance with article 157, paragraph 4 of Law No. 6,404/76 and the Brazilian Securities and Exchange Commission Instruction No. 358/02, informs its shareholders and the market that the board has approved the cancellation of the Shareholder Compensation policy for the fiscal years 2013-2016, that was previously disclosed in the Material Fact dated August 13, 2013, therefore remaining subject only to the provisions of Law No. 6,404/76 and the company's by-laws. OIBR is part of the Technology sector in Diversified Communication Services industry. The stock closed for the day at $2.11 with a change of $0.07 or 3.21%. OIBR traded in a range of $2.07 to $2.27 through the day. The stock’s 52 week range is $0.40 to $18.50.
Anderson BAMM Holdings offers to buy 100% of Books-A-Million Inc. (Nasdaq:BAMM) for $2.75 per share. Clyde B. Anderson delivered a non-binding letter, on behalf of himself and Anderson BAMM Holdings, to the board of Books-A-Million proposing a transaction whereby, pursuant to a merger of the company with a newly formed acquisition vehicle that Anderson BAMM Holdings would control, Anderson BAMM Holdings would acquire 100% of the outstanding shares of Books-A-Million. Shareholders of the company would receive $2.75 per share in cash.The closing for BAMM was $1.6780 at the day’s end. It was a change of $0.0220. BAMM saw a volume of 4,583 shares and market cap of $23.37M.
Oi SA (NYSE:OIBR) cancels shareholder compensation policy for FY13-FY16. Oi S.A., in accordance with article 157, paragraph 4 of Law No. 6,404/76 and the Brazilian Securities and Exchange Commission Instruction No. 358/02, informs its shareholders and the market that the board has approved the cancellation of the Shareholder Compensation policy for the fiscal years 2013-2016, that was previously disclosed in the Material Fact dated August 13, 2013, therefore remaining subject only to the provisions of Law No. 6,404/76 and the company's by-laws. OIBR is part of the Technology sector in Diversified Communication Services industry. The stock closed for the day at $2.11 with a change of $0.07 or 3.21%. OIBR traded in a range of $2.07 to $2.27 through the day. The stock’s 52 week range is $0.40 to $18.50.
Anderson BAMM Holdings offers to buy 100% of Books-A-Million Inc. (Nasdaq:BAMM) for $2.75 per share. Clyde B. Anderson delivered a non-binding letter, on behalf of himself and Anderson BAMM Holdings, to the board of Books-A-Million proposing a transaction whereby, pursuant to a merger of the company with a newly formed acquisition vehicle that Anderson BAMM Holdings would control, Anderson BAMM Holdings would acquire 100% of the outstanding shares of Books-A-Million. Shareholders of the company would receive $2.75 per share in cash.The closing for BAMM was $1.6780 at the day’s end. It was a change of $0.0220. BAMM saw a volume of 4,583 shares and market cap of $23.37M.
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By Leslie Bailey
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