Jonathan Marino reported on latest stock news in a program on The Street. He mentioned the Canadian Drug Company Tekmira Pharmaceuticals Corporation (NASDAQ:TKMR), Amazon.com, Inc. (NASDAQ:AMZN), The Walt Disney Company (NYSE:DIS) and Microsoft Corporation (NASDAQ:MSFT). Marino said that finally, there is an end of the battle between Amazon and Disney after which, Disney DVDs will be available on Amazon’s website for preorder. The Walt Disney Company (NYSE:DIS) and Amazon were in talks related to monetary issues, promotion and pricing. Amazon.com, Inc. (NASDAQ:AMZN) didn’t place any The Walt Disney Company (NYSE:DIS)’s DVD on its digital shelves for nearly two months. Marino said that Amazon has been down by 20% so far this year, thanks to the Alibaba’s massive IPO in the US.
Amazon.com, Inc. (NASDAQ:AMZN) has recently settled its dispute with Warner Bros after which, it will be hosting its products on its digital stores. Amazon.com, Inc. (NASDAQ:AMZN) seems to be keen in resolving its problems with big players as the holiday season comes near. The Walt Disney Company (NYSE:DIS) is about to launch many movies and Amazon.com, Inc. (NASDAQ:AMZN) will get benefits for their sales.
Talking about Tekmira Pharmaceuticals Corporation (NASDAQ:TKMR), Marino said that the company is in its first phase of making drug to counter Ebola virus, but its stock is already up and the company is likely to touch new heights in the future.
Marino mentioned Jim Cramer’s bullish talks about Microsoft Corporation (NASDAQ:MSFT). Microsoft Corporation (NASDAQ:MSFT) is set to release its next operating system, Windows 10 by next year. Cramer thinks that Microsoft’s stock will go up. Marino said that Microsoft Corporation (NASDAQ:MSFT) is up by 24% so far this year and its stock is in high 40s. Jim Cramer is expecting Microsoft Corporation (NASDAQ:MSFT)’s stock to touch $52 a share.
Ken Fisher’s Fisher Asset Management owns about 2.47 million shares in Amazon.com, Inc. (NASDAQ:AMZN).
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