Tag Archives: bad-request

Amazon Hits ‘Prime’ Time As Analyst Sets 520 Target

More top-line beats are coming from Amazon.com (AMZN), says Morgan Stanley, which hiked its price target Thursday on the e-commerce giant. Morgan Stanley analyst Brian Nowak hiked his price target on the stock to 520 from 450. Amazon stock rose 2.8% to 435.54 in afternoon trading on the stock market today. Shares in Amazon.com are up more than 40% in 2015. The stock hit a record-high 452.65 on April 24, a day after the company reported Q1 revenue

Qualcomm Launches $5 Billion Share-Repurchase Plan

Qualcomm (QCOM) announced Thursday it would launch an accelerated share-repurchase program for $5 billion, a move one analyst said shows confidence in the company’s “ability to turn things around.” The San Diego-based chipmaker said in a press release it reached agreements with two financial institutions to repurchase $5 billion in stock, with an initial delivery of about 57.7 million shares. The repurchase is being funded through a recently

Salesforce.com Has ‘Significant Runway’ After Q1 Beat

Salesforce.com leveraged its fast growth in the cloud and its ability to beat rivals Oracle (ORCL) and SAP (SAP) to report first-quarter earnings after the market close Wednesday. The No. 1 provider of customer relationship management software also reported an outlook for the current quarter that was ahead of views and raised its outlook for the year. Salesforce.com (CRM) stock was up more than 4% in midday trading in the stock market today, near