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Amazon.com, Inc. (AMZN)

- NASDAQ
  • Oct. 28, 2011, 5:29 PM
    Barnes & Noble (BKS +5.8%) rose today after The Digital Reader's sources confirmed the company will ship the next-gen version of its Nook Color on Nov. 7, a week before Amazon (AMZN) begins shipping the Kindle Fire. B&N shares have strongly underperformed the S&P since Amazon's September Kindle announcements.
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  • Oct. 28, 2011, 4:06 PM
    Though data center owners such as Equinix (EQIX) and DuPont Fabros (DFT) have been growing rapidly, concerns exist about the impact cloud computing's adoption could have on their basic colocation businesses. Data center owners focused on enabling cloud services, such as Amazon (AMZN) and Rackspace (RAX), could gain a leg up. (previously)
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  • Oct. 27, 2011, 2:24 PM
    Eddy Elfenbein thinks this is just the beginning of Amazon’s (AMZN +4%) selloff, with the stock still richly priced even after yesterday's big drop. Wall Street had been expecting EPS of $3.80 next year, but those estimates could be pared back to less than $3, he says. AMZN trades for 62x forward earnings, "an elevated multiple for an estimate that’s plunging."
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  • Oct. 27, 2011, 9:24 AM
    Overstock.com (OSTK), which fell yesterday on Amazon's (AMZN) Q3 report, is down 5.1% after reporting Q3 results. Revenue of $239.7M (-2% Y/Y) and EPS of -$0.33 missed consensus by $16.9M and $0.13, and suggest a continued loss of share in the U.S. retail e-commerce market, which is still growing at a healthy clip.
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  • Oct. 26, 2011, 2:08 PM
    A silver lining to Amazon's (AMZN -11.1%) Q3 report might be found in the 70% Y/Y growth posted for "Other" revenues, which includes Amazon's web services business (AWS). If a UBS projection that AWS will account for 3/4 of 2011 "Other" sales holds, AWS might pull in over $1B in revenue this year, well above UBS' $751M August forecast. (previously) (transcript)
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  • Oct. 26, 2011, 1:27 PM
    The "MoMo Massacre" resembles a classic slasher pic, writes Kid Dynamite, where the characters get killed off one by one. Starting with OPEN and RIMM, continuing through to GMCR, FSLR, and NFLX, and now AMZN. We know how the sequels go, so those remaining - AAPL, CMG, PCLN - don't go outside to check on that odd noise.
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  • Oct. 26, 2011, 12:02 PM
    Amazon's (AMZN -11.8%) soft Q3 report (I, II) is taking a toll on rivals eBay (EBAY -2.2%), Barnes & Noble (BKS -2.2%), and Overstock.com (OSTK -1.7%). In B&N's case, Amazon's remarks about boosting Kindle Fire production could also be a factor. (more) (transcript)
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  • Oct. 26, 2011, 11:46 AM
    Amazon (AMZN -11.5%) would seem to be the latest victim of the Apple (AAPL) machine, with Q3’s 42% EPS miss expected to be followed by Q4 losses on the Kindle Fire alone of as much as $200M, as it subsidizes the Fire anywhere from $10 to $100. But AMZN has no choice: "The traditional media business they have would wilt on the vine without [the] transition to digital."
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  • Oct. 26, 2011, 9:49 AM
    Best Buy (BBY), Wal-Mart (WMT) Staples (SPLS) and other retailers, which are counting on tablets and e-readers to boost Christmas sales, could miss out if a lot of consumers opt to buy directly from the manufacturers. Piper Jaffray found that 71% of shoppers interested in a Fire planned to buy it via Amazon (AMZN).
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  • Oct. 26, 2011, 9:39 AM
    Why are Amazon's (AMZN -10.3%) operating income and margins diving? Ramping Kindle production is one factor (the devices are loss leaders), but the company's long-term investments are a bigger one. As Erick Schonfeld notes, Amazon's Q3 spending on "technology and content" rose 74% Y/Y, and its spending on "fixed assets" doubled. (transcript)
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  • Oct. 26, 2011, 9:00 AM
    Premarket gainers: LNG +65%. CLWR +23%. ONXX +16%. RTK +11%. BIIB +9%. FSLR +9%. VLO +8%. MF +6%. RFMD +5%. GLW 9+4 RCL +4%. BA +4%. FCX +3%. ARMH +3%. CPST +3%. NOK +3%. DB +3%.
    Losers: HGSI -12%. AMZN -11%. RSH -9%. CHRW -6%. YRCW -5%. MET -4%. BRCM -3%. FTNT -3%.
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  • Oct. 26, 2011, 8:48 AM
    With Amazon (AMZN) tanking 12% premarket following its painful Q3 report, a number of analysts, including those at BofA, JPMorgan, Benchmark and Stifel, lower their price targets on the stock. Still, the latter two rate shares a "Buy."
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  • Oct. 26, 2011, 7:27 AM
    The long thesis for Amazon.com (AMZN) remains intact despite yesterday's margin concerns, Citi says, citing: 1) AMZN's "market-share-vacuuming position of strength." 2) Its double-double market opportunity in its retail biz. 3) Benefits from Net evolution (mobile, cloud, local). 4) Its track record of succeeding through investment cycles.
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  • Oct. 25, 2011, 4:58 PM
    With operating income of $79M on sales of $10.9B, Amazon (AMZN) has a profit margin of 0.7% vs. 3.5% a year ago. "At what point do profits matter more than revenue growth," asks a trader. Amazon will have 1% operating margins on the Kindle Fire and that will improve their overall number. Shares -14% AH.
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  • Oct. 25, 2011, 4:24 PM
    More on Amazon's (AMZN) Q3: Expects Q4 '11 operating income between -$200M and $250M - top of range represents 47% Y/Y decline. North American and International sales both +44% Y/Y. Media sales +24% Y/Y, sales of "electronics & other general merchandise" +54%. Free cash flow of $268M, down from $540M in year-ago period. AMZN -14% AH. (PR)
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  • Oct. 25, 2011, 4:11 PM
    Amazon.com (AMZN): Q3 EPS of $0.14 misses by $0.10. Revenue of $10.88B (+ 44% Y/Y) misses by $50M. Expects Q4 revenue of $16.45B-$18.65B vs. $18.1B consensus. AMZN -15.9% AH. (PR)
    | 2 Comments
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Company Description
Amazon.com 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 offerselectronic devices like Kindle e-readers and Fire tablets.
Sector: Technology
Country: United States