Amazon.com, Inc. (AMZN) - NASDAQ
  • May 16, 2012, 8:41 AM

    Don't blame Amazon (AMZN) for the nation's high unemployment rate after the company says it hired 28K new employees in the past year to bring its total headcount up to 65.6K. Too much, too fast? With an eye on margins, McAdams Wright Ragen analyst Dan Geiman says Amazon has received a pass for its high costs while it seemingly moves in every direction at once. (See: TV programming, high fashion), big data).

    | May 16, 2012, 8:41 AM | 2 Comments
  • May 15, 2012, 1:19 PM

    In spite of low-end competition from the Kindle Fire (AMZN), Nook Tablet (BKS), and many other Android-based rivals, iSuppli sees the iPad (AAPL) increasing its tablet share to 61% in 2012 from 55% in 2011. The firm, which adds its "supply-side sources" indicate a smaller iPad will be arriving, predicts overall tablet shipments will grow 85% to 126.6M, and reach 206M in 2013. IDC believes the iPad gained share in Q1, and previously forecast 106.1M 2012 tablet sales.

    | May 15, 2012, 1:19 PM | 3 Comments
  • May 15, 2012, 7:30 AM

    Amazon (AMZN) is upgraded to Outperform at Credit Suisse, which also raises its price target to $270 from $190. CS takes note of the recent buyback announcement, saying the stock has historically outperformed the S&P by 132% in the 12 months following such moves. Shares +1.4% premarket.

    | May 15, 2012, 7:30 AM | 1 Comment
  • May 14, 2012, 3:28 PM

    Eddy Elfenbein's list of 13 "way, way, way overpriced" stocks: AMZN, MMI, CRM, NFLX, KO, WFM, COST, SRCL, SBUX, NKE, ARBA, CMG, ISRG.

    | May 14, 2012, 3:28 PM | 15 Comments
  • May 14, 2012, 3:01 PM
    Amazon (AMZN -1.4%) aims to launch a front-lit Kindle by the end of July, according to a report from Reuters. While the new version is likely to be a battery hog, it will eliminate the need to attach a clunky light to use the e-reader in the dark.
    | May 14, 2012, 3:01 PM
  • May 14, 2012, 9:27 AM

    Amazon's (AMZN) sales tax issues continue to stay muddled to say the least, with legal experts now saying a settlement between Texas and the company to end their dispute may be illegal. Though Amazon says its prefers a federal framework on the issue, it has been working out sales tax deals on a state-by-state basis that may ultimately work to its favor by sucking in cash-hungry states to less-than-stellar deals.

    | May 14, 2012, 9:27 AM
  • May 11, 2012, 12:39 PM

    Amazon (AMZN +1.3%) announces an agreement with SAP to offer a product that will help companies store their data in the Amazon Web Services cloud, while running SAP’s business applications remotely using the Amazon Web Services cloud. The new offering runs off of both Linux and Windows machines - a step forward for the company's plan to land bigger business accounts.

    | May 11, 2012, 12:39 PM
  • May 10, 2012, 10:21 AM

    Amazon (AMZN +0.1%) announces it will add all 7 Harry Potter books to its Kindle Owners Lending Library - a perk for Amazon Prime members that gives them the option to rent books for free. Previously, Potter fans had to download books in the series through the Pottermore website and then transfer them to their e-readers.

    | May 10, 2012, 10:21 AM
  • May 10, 2012, 9:25 AM

    Amazon (AMZN) plans to expand its line of color-screen Kindles beyond the Kindle Fire in H2 2012, DigiTimes reports, noting industry sources say component suppliers began to ship parts this month. Display panel maker E-Ink reportedly will unveil color displays likely to be used in the new color Kindles. AMZN +0.9% premarket.

    | May 10, 2012, 9:25 AM | 1 Comment
  • May 9, 2012, 10:50 AM

    Though Amazon (AMZN -0.5%) doesn't release specific numbers on e-ink Kindle sales, giant e-ink display manufacturer E Ink tips off in spades how demand may be slumping. "Our major customer was too optimistic about its sales in the fourth quarter of last year and ordered too much from us. That made the customer order almost nothing from us in the first quarter."

    | May 9, 2012, 10:50 AM | 1 Comment
  • May 9, 2012, 8:37 AM

    Though Amazon's (AMZN) push into selling high fashion clothing could threaten retailers, in the end it may make brick-and-mortar stores stronger as they innovate, argues Walter Loeb. While shoppers could get pulled in by discounted pricing on lines from Michael Kors, Vivienne Westwood, and Catherine Malandrino at Amazon.com, the touch-and-feel nature of women shoppers and the security of the forgiving in-store mirrors could overwhelm the firm's grand plans.

    | May 9, 2012, 8:37 AM
  • May 7, 2012, 6:57 PM

    High-end clothes are Amazon's (AMZN) latest frontier, and like other markets (I, II, III) the company is betting big on, it's comfortable losing money to stimulate growth. The e-commerce giant has signed up hundreds of clothing brands over the last year, and that contributed to a triple-digit Y/Y increase in apparel sales. However, Amazon still has to contend with brands wary of its historically aggressive pricing, as well as competition from specialists such as Gilt Groupe.

    | May 7, 2012, 6:57 PM | 2 Comments
  • May 7, 2012, 2:23 PM

    MercadoLibre (MELI -3.1%) sells off after Stifel downgrades the Latin American online auction giant to Sell, citing competition. Stifel notes Amazon (AMZN) reportedly plans to open up shop in the Sao Paulo region, and Japanese e-commerce site Rakuten is also targeting Brazil. The firm thinks MercadoLibre's multiples will have to contract to reflect heightened risk. The company's Brazilian sales grew 39% Y/Y in Q4.

    | May 7, 2012, 2:23 PM
  • May 6, 2012, 4:51 PM
    With Amazon (AMZN) losing money on both Kindle hardware and (in some cases) e-book sales, Farhad Manjoo is wondering what Jeff Bezos' master plan is. He can't figure it out, not when Amazon discloses very little information about the Kindle or the rest of its ops. "Amazon’s [[earnings calls]] are a comedy of opacity and misdirection."
    | May 6, 2012, 4:51 PM | 7 Comments
  • May 4, 2012, 4:10 PM
    IDC's Q1 tablet data isn't as bad for the Kindle Fire (AMZN) as it might first appear, says NPD's Stephen Baker, given IDC is tracking manufacturer shipments rather than end-user sales. Amazon built up Fire inventory in Q4, Baker argues, and that led to an enormous shipment drop in Q1. Nonetheless, NPD does think Fire end-user sales fell 53% Q/Q in Q1 to 1.8M units, worse than the 38% industry-wide shipment drop estimated by IDC.
    | May 4, 2012, 4:10 PM
  • May 4, 2012, 1:32 PM

    Hoping to stem Amazon's (AMZN) share gains, eBay (EBAY) and Wal-Mart (WMT) are investing heavily in improving their search technology; eBay has tripled its search engineer headcount to over 150. The engineers are tasked with revamping eBay's Voyager engine, which is over a decade old. If the efforts succeed, it could be a negative for Google (GOOG), given its dependence on ad sales related to product searches. Last November, eBay bought recommendation engine Hunch.com.

    | May 4, 2012, 1:32 PM | 1 Comment
Company Description
Amazon.com, Inc. provides online retail shopping services. It provides services to four primary customer sets: consumers, sellers, enterprises, and content creators. The company also provides other marketing and promotional services, such as online advertising and co-branded credit card... More
Sector: Technology
Country: United States