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Thursday, September 25, 2014

Market Chatter- Corporate finance press digest - Sept 25, (NASDAQ: AMZN)

The following corporate finance-related stories were reported by media: * Amazon.com Inc will boost staffing at its secretive Silicon Valley-based hardware unit by at least 27 percent over the next five years as it tests Internet-connected "smart" home gadgets such as a one-button device to order supplies.* Panasonic Corp is in talks about taking a stake in Spanish auto parts maker Ficosa International SA, sources with knowledge of the matter said, part of its big push into the automotive field as it seeks more stable profits.

Amazon.com, Inc. (Amazon.com) serves consumers through its retail websites and focus on selection, price, and convenience. Shares of AMZN traded higher by 1.42% or $4.58/share to $328.21. In the past year, the shares have traded as low as $284.38 and as high as $408.06. On average, 3569960 shares of AMZN exchange hands on a given day and today's volume is recorded at 2647232.



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