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Apple Says Government's E-Book Pricing Suit 'Fundamentally Flawed' -Reuters

DOW JONES NEWSWIRES Apple Inc. (AAPL) said in a court filing that the U.S. government's lawsuit against the company concerning e-book pricing is "fundamentally flawed," Reuters reported Wednesday. Last month, the government sued Apple and five e-book publishers, alleging they conspired to raise prices and block Amazon.com Inc. (AMZN) from selling e-books at $9.99. Three publishers settled the suit. Macmillan, a unit of Verlagsgruppe Georg von Holtzbrinck GmbH (VGH.YY), and Pearson PLC's (PSON.LN) Penguin Group declined to join the settlement. Apple said in the filing that the government incorrectly characterized a comment about the e-book market attributed to Steve Jobs, Reuters reported. The company said: "Apple's entry into e-book distribution is classic procompetitive conduct," Reuters reported. Full story at http://www.reuters.com/article/2012/05/23/apple-ebooks-idUSL1E8GND3220120523 -Dow Jones Newswires; 212-416-2900

Stock News for Amazon.com (AMZN)
DateTimeHeadline
07/28/201500:22:00Amazon Web Services Makes Amazon Aurora Available to All Customers
07/27/201509:10:00Catalog and Mail Order Houses Technical Data -- Vipshop Holdings...
07/27/201509:00:00Amazon Original Kids Series Wishenpoof Will Launch for Amazon...
07/24/201509:00:09U.S. Stock Futures Little Changed
07/24/201506:06:15Quarterly Report (10-q)
07/23/201519:51:23Amazon Posts Surprising Profit, Shares Surge -- 4th Update
07/23/201519:17:26Amazon Posts Surprising Profit, Shares Surge -- 3rd Update
07/23/201517:41:01Amazon Posts Surprising Profit, Shares Surge--2nd Update
07/23/201517:00:06Amazon Posts Surprising Profit
07/23/201516:59:40Amazon Posts Surprising Profit, Shares Surge--Update
07/23/201516:50:00Amazon Posts Surprising Profit, Shares Surge
07/23/201516:28:01Current Report Filing (8-k)
07/23/201516:09:00Amazon.com Announces Second Quarter Sales up 20% to $23.18 Billion
07/22/201508:57:32EU Orders France to Recover State Aid From EDF --Update
07/22/201506:00:00Amazon Home Services Expands in Atlanta, Boston, Chicago, Houston...
07/21/201509:40:40ZTE Says On Track to Sell 60 Million Smartphones in 2015
07/17/201510:31:28Wal-Mart Stores Inc. Plans to Crash Amazon Inc.'s "Prime Day...
07/17/201500:00:29Hulu Explores Adding Ad-Free Option to Its Service
07/16/201512:45:01Netflix, Inc. and PayPal Holdings, Inc.: Long-Term Growth Stories...
07/16/201512:16:00Amazon’s First Ever Prime Day Breaks Global Records, Sales E...

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