Seeking Alpha
 

Amazon.com, Inc. (AMZN)

- NASDAQ
Show Summaries  |  Hide Summaries
  • Sep. 28, 2011, 7:37 AM
    Maybe bad news for the economy, but clearly bad news for Best Buy (BBY), the company will hire just 15K seasonal workers for the holidays vs. 29K last year. CEO Brian Dunn says the company is not expecting "a meaningful move in the economic environment."
    | Comment!
  • Sep. 27, 2011, 10:36 AM
    Gdgt's Ryan Block follows up on yesterday's TechCrunch scoop on Amazon's (AMZN -1.7%) new tablet by adding Amazon's Kindle design team played no role in making the device, and that he's told the product is a "stopgap" rushed to market with the holiday season in mind. Amazon shares are noticeably underperforming the Nasdaq today.
    | Comment!
  • Sep. 27, 2011, 8:17 AM
    Piper Jaffray weighs in on Best Buy (BBY) - maintaining a Neutral rating and $25 PT - after surveying the potential impact Amazon's (AMZN) upcoming tablet (Kindle Fire) could have on sales. "At this price, we believe this product could create yet another sales headwind for BBY over the coming year as a result of AMZN's self-distribution model." Shares +1.1% premarket.
    | Comment!
  • Sep. 26, 2011, 4:41 PM
    MG Siegler, who earlier provided the first hard details about Amazon's (AMZN) tablet, claims the device will be called the Kindle Fire, look similar to Research In Motion's (RIMM) PlayBook, and feature a dual-core TI (TXN) OMAP CPU. Siegler's latest claims make it further look as if the tablet will be aimed at the Nook Color (BKS) more than the iPad (AAPL).
    | 2 Comments
  • Sep. 26, 2011, 3:51 PM
    Peter Kafka's sources claim Amazon (AMZN) has inked deals with magazine publishers Hearst, Conde Nast, and Meredith to sell digital copies of their titles on its forthcoming tablet, but Time Warner (TWX) remains a holdout. Print publishers have long sought a credible alternative to the iPad, having squabbled with Apple (AAPL) over multiple subjects.
    | Comment!
  • Sep. 26, 2011, 10:00 AM
    Shares of AboveNet (ABVT +5.5%) get a lift from Raymond James with an upgrade to Strong Buy from Outperform. The company looks to benefit from the cloud market indirectly with a new agreement with Amazon (AMZN +2.1%) allowing customers to circumvent the internet and connect directly to Amazon's data centers via its fiber optic network.
    | Comment!
  • Sep. 26, 2011, 9:21 AM
    Amazon (AMZN) has inked a licensing agreement with Fox (NWS) to stream the latter's movies and TV shows through its Prime Video service. The Fox deal follows similar agreements made with CBS and NBC Universal (CMCSA), and lifts the size of Amazon's streaming library to 11K titles, as it continues its efforts to build a legit rival to Netflix (NFLX).
    | Comment!
  • Sep. 23, 2011, 5:38 PM
    "Tune out the fear and panic," writes James Altucher, and focus on the tremendous value in big caps like Apple (AAPL), Exxon (XOM), Wal-Mart (WMT), Amazon (AMZN), and Google (GOOG). No matter what happens in Greece (or the U.S. for that matter), these attractively-priced businesses are well-positioned to continue being profit machines well into the future.
    | 6 Comments
  • Sep. 23, 2011, 1:20 PM
    Amazon (AMZN -0.8%) announces an invitation-only special event in NYC on September 28. The obvious answer: a tablet announcement.
    | Comment!
  • Sep. 22, 2011, 9:57 AM
    Wedbush upgrades Netflix (NFLX -0.3%) and raises its target to $155 from $110, based on a belief that the driver for the separation of Netflix into two businesses was to position the streaming business for sale to Amazon (AMZN -4.7%). Wedbush thinks Amazon has always wanted to be in streaming but has been constrained from buying Netflix by tax considerations. (earlier)
    | 4 Comments
  • Sep. 22, 2011, 8:37 AM
    Like other sources, DigiTimes believes Amazon (AMZN) will release a 7-inch tablet in Q4. However, its sources are skeptical Amazon can meet its 2011 goal of 4M shipments, given how users seem to prefer 10-inch tablets. Though if Amazon's tablet is aimed at the Nook Color (BKS) more than the iPad (AAPL), one could see its display size being adequate.
    | Comment!
  • Sep. 21, 2011, 5:40 PM
    Bill Gates (MSFT) tops Forbes' list of the 400 richest Americans for the 18th year in a row, adding another $5B to his fortune to amass $59B. Warren Buffett (BRK.A) places second with $39B after shedding $6B. Biggest gainers: Mark Zuckerberg, +$10.6B to $17.5B; George Soros, +$7.8B to $22B; Sheldon Adelson (LVS), +$7B; Jeff Bezos (AMZN), +$6.5B; Larry Ellison (ORCL), +$6B.
    | 2 Comments
  • Sep. 21, 2011, 12:30 PM
    Amazon (AMZN +1.1%) doesn't have a chain of stores, but just as ebook lending is exploding, it has the next best thing with an army of 11K libraries set to let Kindle users borrow titles enabled with the popular Whispersync features. As for adding revenue to Amazon's bottom line... though readers don't have to pay to borrow a book in the program, an e-purchase is only a click or two away.
    | Comment!
  • Sep. 21, 2011, 11:32 AM
    As bullish as Howard Lindzon is on the best U.S. companies, he has "never struggled so much to be optimistic" in "the strangest and hardest market" ever for buying stocks. But why are the strong - AAPL, AMZN, et. al. - getting stronger in a volatile market? It's "underperforming hedge funds speculating on the flow of money into stocks from Treasuries when things calm down."
    | Comment!
  • Sep. 21, 2011, 7:36 AM
    DISH Network's (DISH) "A Stream Come True" event this Friday means more bad news for reeling Netflix (NFLX), Jefferies says. Blockbuster has strong legacy relationships with film and TV studios; its releases are available a month before Netflix and Redbox (CSTR); and a low-cost subscription to older content could rival Netflix and Amazon (AMZN) "at a potentially more attractive price point."
    | Comment!
  • Sep. 20, 2011, 1:13 PM
    Amazon (AMZN -1.7%) gets some bad PR courtesy of an exposé from PA newspaper The Morning Call. The newspaper's interviews with 20 current and former employees at a Lehigh Valley warehouse reveal complaints about "brutal heat," mandatory overtime, and an unsustainable working pace.
    | Comment!
Visit Seeking Alpha's
AMZN vs. ETF Alternatives
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