Seeking Alpha, Inc. (AMZN)

  • 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.
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  • Sep. 20, 2011, 11:59 AM
    Office Depot (ODP +1.3%) plans to sell Kindles (AMZN -1.1%) in retail stores beginning Sept. 25, coming late to the Kindle-selling party compared to rivals Staples (SPLS +0.1%) and OfficeMax (OMX +1.1%).
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  • Sep. 19, 2011, 8:48 AM
    Though a new round of bids should arrive next week, Hulu's sale is reportedly in jeopardy, thanks to differences over the video site's selling price and content rights, as well as rumored bidder Yahoo's (YHOO) ongoing turmoil. Other parties believed to be courting Hulu include GOOG, AMZN, DTV, and DISH.
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  • Sep. 15, 2011, 2:04 PM
    Special Offers Kindles will soon offer daily deals with vouchers that can be printed or used straight from the device, according to Amazon (AMZN +0.4%). TechCrunch calls AMZN's entry point into daily deals "logical," as it is aimed squarely in the face of a targeted well-read audience that may beat the shotgun approach of rivals.
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  • Sep. 14, 2011, 1:11 PM
    More from IDC: The firm is also lifting its e-reader forecast for 2011 to 27M units from a prior 16.2M, and expects the Q4 arrival of sub-$100 models from leading vendors to boost demand. In a sharp reversal from Q1, IDC estimates Amazon (AMZN) led the market in Q2 with a 51.7% share, while Barnes & Noble (BKS) came in second with 21.2%. (previously)
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  • Sep. 13, 2011, 5:36 PM
    Amazon (AMZN) announces a comprehensive agreement with Hearst to become the largest third-party seller of Hearst's print magazine subscriptions, and will help develop the firm's e-commerce channel. It's a capitulation of sorts for Hearst, after the publisher directly challenged AMZN in the e-reader market in the past.
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  • Sep. 13, 2011, 2:57 PM
    Target's (TGT +1.5%) website crashes as it launches a new Missoni fashion line of some 400 items in a partnership with the Italian luxury knitwear designer that feature the brand's signature zigzag stripes. Target recently took over running its website from Amazon (AMZN), and the Missoni initiative was its first since the change.
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  • Sep. 12, 2011, 9:51 AM
    IDC sees global Internet users increasing to 2.7B in 2015 from 2B in 2010, thanks in part to the growing adoption of mobile data services. Google (GOOG) can be expected to benefit from a 97% predicted increase in online ad revenue during this time, while Amazon (AMZN) should benefit from an expected 81% increase in B2C e-commerce spending.
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  • Sep. 12, 2011, 8:19 AM
    Amazon (AMZN) reportedly wants to offer a subscription service for older e-book titles, which, like Amazon's streaming video platform, would be available to customers of its $79/year Prime shipping service. However, some publishing execs are cool to the idea, fearing it will hurt the value of their content and strain relationships with retailers. (previously)
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  • Sep. 12, 2011, 8:06 AM
    As e-reader sales from the likes of AMZN and BKS take off, many consumers are balking at the high e-book prices demanded by publishers, in spite of the higher gross margins they typically deliver. Nonetheless, publishing consultant Mike Shatzkin thinks the growth of self-publishing efforts will create price pressure over the long haul.
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  • Sep. 10, 2011, 1:58 AM
    As part of a rush of bills ahead of a midnight deadline, California lawmakers give (AMZN) and other online retailers a reprieve from collecting sales taxes until next September - at which point the tax collections are in effect unless the retailers can get a national tax-collection system through Congress by next summer.
  • Sep. 9, 2011, 1:09 PM
    A Taiwanese research institute estimates global e-reader shipments will grow 183% in 2011 to 34.8M units, and by another 46% in 2012 to over 50M units. E-reader demand has remained strong thanks in large part to the ability of AMZN, BKS, and other vendors to hit price points well below those of the iPad (AAPL) and other high-end tablets.
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  • Sep. 9, 2011, 7:52 AM
    Nvidia (NVDA) CEO Jen-Hsun Huang, who recently forecast $1B in Tegra mobile CPU sales next year, claims tablets containing Nvidia's quad-core Kal-El chip will ship this year. This has raised speculation Kal-El will end up in an AMZN tablet, and suggests the chip will have a head start on QCOM's Krait, which won't ship in hardware until sometime next year. (previously)
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  • Sep. 8, 2011, 1:07 PM
    J.P. Morgan's Mark Moskowitz is lifting his 2011 tablet forecast to 51.9M units from 46.9M, and expects the iPad (AAPL) to have a 70.9% share. Nonetheless, Mosokowitz is cutting his 2012 forecast to 72.4M units from 76.3M, due to the lack of a legit rival to Apple, though he think Amazon (AMZN) could prove a worthy challenger in time. (previously)
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  • Sep. 8, 2011, 8:38 AM
    Adam Selipsky, the VP of Amazon Web Services (AMZN), tells Reuters that the unit is profitable and will be for years to come. Although AWS accounts for only about 2% of Amazon's revenue, CEO Jeff Bezos has said it has the potential to be as big as the company's retail ops.
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  • Sep. 8, 2011, 8:19 AM
    Amazon (AMZN) reaches a tentative deal with Californian legislators that would enable it to postpone collecting sales taxes for another year. In exchange, the firm would stop attempting to overturn the new state law that covers the issue. However, Governor Jerry Brown's stance is unclear.
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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 offerselectronic devices like Kindle e-readers and Fire tablets.
Sector: Technology
Country: United States