Schaeffer's Trading Floor Blog

Buzz Stocks: Google Inc, Amazon.com, Inc., Whole Foods Market, Inc., and Barnes & Noble, Inc.

Today's stocks to watch in the news include GOOGL, AMZN, WFM, and BKS

by 6/25/2014 9:09 AM
Stocks quoted in this article:

The stock market appears poised to pare some of yesterday's losses, with futures sitting slightly higher ahead of the open. In company news, here are some stocks to watch today:

  • Google Inc (NASDAQ:GOOGL) is holding its annual developer conference today, and is expected to debut its latest television set-top box, which will reportedly allow users to play games, look at content, and listen to music via their TVs. GOOGL will reportedly unveil its Android Wear smartwatches, and discuss its automotive technology, as well. (CNET)

  • Yesterday, the German Publishers and Booksellers Association announced it had requested that the nation's antitrust authorities look into Amazon.com, Inc.'s (NASDAQ:AMZN) practices toward publisher Bonnier, alleging the Internet retailer deliberately delays shipments. AMZN denied the allegations, but did complain about the rates Bonnier charges for selling e-books, which are generally higher than those of print editions. (GigaOm)

  • The state of California slapped Whole Foods Market, Inc. (NASDAQ:WFM) with an $800,000 fine, after state and local inspectors found the grocery chain consistently overcharged customers. WFM agreed to pay the fine, and for the next five years, will face increased oversight and random audits from authorities. (Reuters, via CNBC)

  • Barnes & Noble, Inc. (NYSE:BKS) announced plans to split the company into two entities during the first quarter of the upcoming calendar year. Specifically, BKS intends to separate its Nook unit from its retail business, with both firms to be publicly traded. (MarketWatch)

  • Also, Apollo Education Group Inc (NASDAQ:APOL) and General Mills, Inc. (NYSE:GIS) reported quarterly earnings. (MarketWatch)

  • Finally, Yahoo! Inc. (NASDAQ:YHOO) CEO Marissa Mayer publicly apologized for turning up hours late to a private dinner with advertisers last week, an event hosted by Interpublic Group of Cos. (IPG). "I think the dinner is unfortunate how much attention it's gotten," the executive said. "I was late. I apologized to IPG at the time and in no way meant for it to be a slight to them." (Bloomberg)


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