Stocks Turn Active on Retreated Views: Amazon.com, Inc. (NASDAQ:AMZN), AVX Corporation (NYSE:AVX)

Amazon.com, Inc. (NASDAQ:AMZN) [Trend Analysis] retains strong position in active trade, as shares scoring 0.71% to $764.72 in a active trade session, while looking at the shares volume, around 3.79 Million shares have changed hands in this session. Amazon.com Inc said on Monday it has opened a brick-and-mortar grocery store in Seattle without lines or checkout counters, kicking off new competition with supermarket chains.Amazon Go, the online shopping company’s new 1,800-square-foot (167-square-meter) store, uses sensors to detect what items shoppers have picked off the shelves and sends a bill to their Amazon accounts if they do not replace them.The store marks Amazon’s latest push into groceries, one of the biggest retail categories it has yet to master. The company currently delivers produce and groceries to homes through its AmazonFresh service. The firm has institutional ownership of 65.40%, while insider ownership included 17.10%. AMZN attains analyst recommendation of 1.90 with week’s performance of 0.29%. Investors looking further ahead will note that the Price to next year’s EPS is 87.44%.

AVX Corporation (NYSE:AVX) declared that it received a 2015 Supplier Quality Excellence Award from General Motors. Presented to AVX’s Tianjin, China facility, which manufactures the AEC-Q200-qualified TransGuard® Automotive Series multilayer varistors that the company supplies to GM, the award recognizes AVX for sustaining the highest levels of performance in each of 13 different categories, including zero defects in shipped products and 100% on-time delivery during calendar year 2015.

“Our TransGuard Automotive Series varistors are designed to combine the highest levels of quality and performance for automotive customers, so we’re grateful to have been publicly recognized by GM for meeting and exceeding their strict quality and performance criteria, and commend our Tianjin team for their commitment to successfully satisfying so many rigorous customer and automotive industry requirements,” said Pete Venuto, vice president of sales, AVX.

 

About Blake Escott

Blake Escott holds junior writer position in SWR. Before joining Streetwise Report, he was a freelance content Writer. He has high-level copywriting experience and particularly experienced in proofreading and editing. He covers news about different companies including all US market sectors. Interests: Commodities, Energy stocks, Sector-wise Stocks analysis, Utilities

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