Seeking Alpha, Inc. (AMZN)

  • Jun. 6, 2012, 1:28 PM
    More on Stifel's Groupon (GRPN +7.4%) upgrade: Analyst Jordan Rohan thinks shares now fully price in the company's restatement and lockup expiration, and expects more efficient marketing spending to drive operating leverage. He adds estimates could be too low if Groupon moves into traditional e-commerce, as he expects (ed: that would expand Groupon's market, but also brings capex, inventory, and channel conflict risks, not to mention direct competition with AMZN).
    | Jun. 6, 2012, 1:28 PM | Comment!
  • May 29, 2012, 9:50 AM
    As part of its efforts to ramp its mobile ad business (and thus better monetize its Kindle line), Amazon (AMZN) has "kicked the tires on a few mobile-ad companies," AdAge reports. One of those companies is said to be JumpTap, one of the largest independent mobile ad networks. It's added Amazon has hired ex-Microsoft mobile marketing chief Jamie Wells to head its ad sales efforts. Millennial Media (MM +3.2%) appears to be getting a lift from AdAge's report.
    | May 29, 2012, 9:50 AM | Comment!
  • May 17, 2012, 12:47 PM
    E-Commerce China Dangdang (DANG -15.1%) plummets after delivering soft revenue guidance to go with mixed Q1 results. The online bookseller says it expects Q2 revenue of RMB1186M ($187.5M), below a consensus of $202.1M. Also, Dangdang's Q1 cost of sales amounted to 85.8% of revenue, up 530 bps Y/Y. A mix shift towards lower-margin general merchandise sales relative to media sales was responsible for the increase. Amazon (AMZN) can probably sympathize. (PR)
    | May 17, 2012, 12:47 PM | 3 Comments
  • May 16, 2012, 12:57 PM
    Groupon (GRPN +4.3%) is adding to this week's huge pre and post-earnings rally, undoubtedly boosted by short-covering. The gains come as AllThingsD reports Groupon has hired Amazon (AMZN) payments chief Vinayak Hegde to be its VP of engineering. Hegde joins several other former Amazon execs at Groupon, including CFO Jason Child, product VP Jeff Holden, and Americas VP Kal Raman.
    | May 16, 2012, 12:57 PM | Comment!
  • 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 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 | Comment!
  • May 2, 2012, 11:53 AM
    Amazon (AMZN +0.2%) announces that Amazon Studios will expand its efforts to develop comedy and kids shows with an online initiative that allows budding producers to submit their content and earn royalties. Unlike most Hollywood decision-making, crowdsourcing will be used to determine which Amazon shows are greenlighted.
    | May 2, 2012, 11:53 AM | 1 Comment
  • Apr. 27, 2012, 10:19 AM
    As Amazon (AMZN +13%) takes off following its Q1 report, bulls are encouraged by its continued retail share gains and the 120 bps Y/Y increase in its gross margin, which was fueled by soaring e-book and web services revenue - RBC notes Amazon's GM jump is its largest in 10 years. Others, however, remain worried about Amazon's enormous spending growth. The company hired another 9,400 people in Q1, its biggest increase ever. (more) (transcript)
    | Apr. 27, 2012, 10:19 AM | Comment!
  • Apr. 27, 2012, 9:00 AM
    Premarket gainers: EXPE +19%. AMZN +17%. JAZZ +15%. CRAY +12%. WCRX +12%. BPZ +6%. CBS +5%. AEM +5%. RTK +5%. ARNA +4%. GT +4%. CLWR +3%. SNY +3%. MT +3%. ARMH +3%.
    Losers: MDRX -42%. DECK -19%. WDC -11%. STX -7%. KOG -5%. SBUX -4%. FIO -4%.
    | Apr. 27, 2012, 9:00 AM | 4 Comments
  • Apr. 27, 2012, 8:11 AM
    Amazon's (AMZN) high-flying Q1 report catches the eyes of Goldman Sachs' Heather Bellini who upgrades shares to Conviction Buy from Neutral and boosts her price target to $300. In addition, BofA and SunTrust upgrade to Buy, but JMP Securities doesn't join the party - calling valuation "unattractive." AMZN +16.4% premarket.
    | Apr. 27, 2012, 8:11 AM | 1 Comment
  • Apr. 26, 2012, 6:30 PM
    Amazon states on its Q1 (I, II) earnings call (webcast) that sales from third parties on Amazon's site, which tend to carry lower margins, rose 300 bps Q/Q. The company also says it plans to invest another $800M-$900M on capex in Q2, evidence its aggressive spending isn't letting up. However, few details are provided about the Kindle and e-book disputes. AMZN +13.4% AH.
    | Apr. 26, 2012, 6:30 PM | Comment!
  • Apr. 26, 2012, 4:46 PM
    More on Amazon's Q1: Operating income of $192M well above guidance, but down 40% Y/Y. Company expects Q2 operating income of -$260M to $40M. North American sales +36% Y/Y (+37% in Q4), international +31% (even with Q4). Merchandise sales +43%, media +19%. Cost of sales growth (+32%) slightly below revenue growth, but fulfillment expense growth (+51%) well above. $960M in shares repurchased. No specifics on Kindle sales. AMZN +10.2% AH. (PR)
    | Apr. 26, 2012, 4:46 PM | 15 Comments
  • Apr. 26, 2012, 4:34 PM (AMZN): Q1 EPS of $0.28 beats by $0.21. Revenue of $13.18B (+34% Y/Y) beats by $228M. Expects Q2 revenue of $11.9B-$13.3B vs. $12.8B consensus. Shares +9.7% AH. (PR)
    | Apr. 26, 2012, 4:34 PM | 2 Comments
  • Apr. 26, 2012, 1:21 PM
    Groupon (GRPN -2.4%) heads south following CEO Andrew Mason's all-hands meeting. Possibly hurting shares is Amazon's (AMZN) introduction of new personalization features for its AmazonLocal daily deals product. Amazon's effort will rely on user preferences and the company's extensive experience in offering product recommendations.
    | Apr. 26, 2012, 1:21 PM | Comment!
  • Apr. 23, 2012, 5:16 PM
    More on Texas Instruments' Q1: TI expects Q2 revenue of $3.22B-$3.48B and EPS (exc. one-time charges) of $0.36-$0.44, compared with a consensus of $3.29B and $0.40. Analog sales fell only 1% Q/Q in spite of seasonality, which suggests TI is benefiting from synergies related to the National Semi acquisition. Wireless chip sales (previous) fell 48% Q/Q and 43% Y/Y - Nokia definitely played a role, but did Amazon as well? TXN +3.8% AH. (PR) (earnings call - 5:30 PM ET)
    | Apr. 23, 2012, 5:16 PM | Comment!
  • Apr. 12, 2012, 5:08 PM
    Barnes & Noble (BKS -6.4%), off sharply for the second day following the DOJ's e-book settlement with 3 publishers, is up 1.6% AH after announcing a version of its Nook Simple Touch e-reader with built-in lighting. The product is said to be "optimized for low-light conditions," and will sell for $139. Amazon (AMZN), whose Kindle Touch goes for $99, is reportedly working on a front-lit Kindle.
    | Apr. 12, 2012, 5:08 PM | Comment!
Company Description Inc is an online retailer. The Company sells its products through the website which provides services, such as advertising services and co-branded credit card agreements. It also offers electronic devices like Kindle e-readers and Fire tablets.
Sector: Technology
Country: United States