4 Tech Stock Stories For a Friday Download

Amazon.com (NASDAQ:AMZN): Current price $272.98

GeekWire reports that Amazon’s Quidsi division has unveiled Look.com, a new site created to sell children’s apparel and footwear. The move marks the most recent step by Quidsi into the arena of family and home-oriented oriented products, including Wag.com pet products; Casa.com home products, and Diapers.com baby products. Look.com is selling an range of 40,000 products, segmented by age and gender. The new site might have implications for another e-commerce provider, Zulily, which model differs from Look.com because it sells its merchandise via flash sales, one-time sales in which items are heavily discounted.

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AMZN

United Technologies Corp. (NYSE: UTX): Current price $95.61

On Thursday, United Technologies said that it has completed production to install F117 engine deliveries for the United States Air Force, representing over 20 years of “successfully powering the C-17 Globemaster III aircraft.” UTC will now shift its energy to building only “spare F117 engines” to replace the ones that wear out on USAF’s Globemasters, and additional F117s to equip any Globemasters that The Boeing Company (NYSE:BA), which builds the plane can to sell to customers overseas.

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UTX

Electronic Arts (NASDAQ:EA): Current price $17.59

The firm repositions itself to address the changing video game landscape; less than a month after Chief Executive John Riccitiello announced his resignation, Electronic Arts has confirmed a fresh round of layoffs to Gamasutra, while a close source said that they occurred on Thursday morning. The number of staff impacted was not confirmed by EA, but caused a rumble in the Montreal development community, especially when a separate Montreal-based source, citing direct contacts with EA Montreal developers, reported that between 200 and 250 people were sacked, and all in-development projects have been shut down.

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EA

BlackBerry (NASDAQ:BBRY): Closing price $13.63

Shares slid around 8 percent on Thursday, while analysts wondered if the handset maker’s turnaround plan would be successful in the brutally competitive smartphone market. The discounting of the Z10, its recent handset meant to rival the Apple (NASDAQ:AAPL) iPhone and Samsung’s (SSNLF) Galaxy line, has also raised eyebrow, according to one trader, said Reuters. BlackBerry debuted its latest handsets based on its much delayed BlackBerry 10 operating system in January, but they began selling in the United States only in March. Investors have not been convinced about the firm’s prospects of regaining its lost glory and regaining market share in the domestic market, leading the stock to shed a quarter of its value since hitting a 52-week high in January.

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BBRY

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