Monday, November 26, 2012

Amazon, EBay, Others Up In Advance Of Cyber Monday [VIDEO ...

Amazon (NASDAQ:AMZN), eBay (NASDAQ:EBAY), and other online retailers steal some of the attention from brick-and-mortar stores today. Shares of both Amazon and eBay posted big gains last week in advance of Cyber Monday sales. A growing number of retailers are offering free shipping this year. ?

Wal-Mart (NYSE:WMT), Target (NYSE:TGT), and Macy?s (NYSE:M) -- which have growing online operations -- are all expected to rise today.

Twinkies might become the target of a bidding war. Hostess Brands, which shut down its bakeries and started liquidation proceedings last week, says it has received a "flood of inquiries" from potential buyers. The Wall Street Journal says Flowers Foods (NYSE:FLO), the maker of Tastykakes, has sought to increase its line of credit -- a sign that it could be a bidder. Flowers is the second-largest baker in the country.

For more, click on the image below to play the Daily Finance Market Minute video.

No positions in stocks mentioned.

Source: http://www.minyanville.com/trading-and-investing/stocks/articles/Amazon-eBay-Others-Up-in-Advance/11/26/2012/id/46079

clay aiken zambrano orange bowl tim howard goal ben gibbard nfl playoff schedule tim howard scores

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.