If you thought same-day shipping was fast, think again. Amazon (AMZN) just one-upped itself on delivery speed: The e-commerce giant is debuting today its Prime Now mobile app service, which offers one-hour delivery for $7.99 and two-hour delivery for free. Prime Now is now available to Amazon Prime members in the Seattle area, and the company says it is “expanding rapidly” to additional ZIP codes. If you have the app, you can be notified when
After getting a haircut during the recent broad-based stock market correction, Adobe Systems (ADBE) is now attractively priced, Baird analyst Steven Ashley said in a research report Tuesday. Ashley raised his rating on Adobe stock to outperform from neutral, with a price target of 85. Adobe was up 2.5% to around 76 in afternoon trading on the stock market today. Adobe hit an all-time high of 87.25 on Aug. 17. Adobe is “now into the foothills of
Workday (WDAY) saw two analysts lower its price target, but it also got an upgrade as shares rebounded Tuesday along with the market. D.A. Davidson’s Jack Andrews lowered his price target on shares of the cloud-based HR software maker to 91 from 97, but he also upgraded Workday stock to buy from neutral. Andrews said that his new price target is based on lower cash flow analysis. But he says that the stock’s discounted price now offers a good