How News Effects on Stocks Performance: American Airlines Group Inc. (NASDAQ:AAL), Amazon.com Inc. (NASDAQ:AMZN), Wal-Mart Stores Inc. (NYSE:WMT) | The Cinema Post
Monday , August 21 2017
Home / Business News / How News Effects on Stocks Performance: American Airlines Group Inc. (NASDAQ:AAL), Amazon.com Inc. (NASDAQ:AMZN), Wal-Mart Stores Inc. (NYSE:WMT)

How News Effects on Stocks Performance: American Airlines Group Inc. (NASDAQ:AAL), Amazon.com Inc. (NASDAQ:AMZN), Wal-Mart Stores Inc. (NYSE:WMT)

American Airlines Group Inc. (NASDAQ:AAL) plans to add eight new routes throughout Mexico, the Caribbean and Latin America later current year, further strengthening its position in these key regions and providing customers with increased options when traveling to these destinations. Expanded service includes new flights to Mexico City International Airport (MEX); General Rafael Buelna International Airport (MZT) in Mazatlan, Mexico; Curacao International Airport (CUR); Sangster International Airport (MBJ) in Montego Bay, Jamaica; Punta Cana International Airport (PUJ); Gregorio Luperon International Airport (POP) in Puerto Plata, Dominican Republic; and Mariscal Sucre International Airport (UIO) in Quito, Ecuador, pending regulatory approvals. American Airlines Group Inc. (NASDAQ:AAL) soared 2.94% to settled at $42.42 with the total traded volume of 12.02 Million shares.

An Amazon.com Inc. (NASDAQ:AMZN), Amazon Web Services, Inc. (AWS) released that it has contract with Iberdrola Renewables, LLC to construct and operate a 208 megawatt (MW) wind farm in Perquimans and Pasquotank counties, North Carolina, called the Amazon Wind Farm US East. This new wind farm is expected to start generating approximately 670,000 megawatt hours (MWh) of wind energy annually starting December 2016, or enough to power more than 61,000 US homes[1] in a year. Amazon.com Inc. (NASDAQ:AMZN) stock closed at $455.57 in last session with the total traded volume of 3.94 Million. As taking short look on the firm profit margin was recorded -0.30%, and operating margin was recorded 0.30%. The Financial Institutional ownership of the firm was 67.80% while by insiders was -0.12%.

Wal-Mart Stores Inc. (NYSE:WMT) is cutting prices on thousands of products current week in a counterattack to Prime Day, an event Amazon.com Inc. is utilizing to promote its subscription service. Wal-Mart will start the sale on July 15, the similar day as Amazon’s much-publicized promotion. During Prime Day, Amazon will offer special discounts to members of its service, which costs $99 a year. The move marks an escalating battle between Wal-Mart’s e-commerce site and Amazon, the world’s largest online retailer. Wal-Mart also has been developing its own competitor to Prime that will cost $50 a year, half the cost. But it won’t have the same speed of delivery as Prime or some of the other perks, such as Amazon’s streaming video and music services. Wal-Mart Stores Inc. (NYSE:WMT) shown itself as moving stock, soared 1.04% to close at $73.88. Its total outstanding shares are 3220.55 million shares and a floated share was 1573.44 million with the market capitalization of 237.93 Billion.

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