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Amazon.com, Inc. (AMZN)

- NASDAQ
  • Jul. 26, 2011, 4:04 PM
    Amazon.com (AMZN): Q2 EPS of $0.41 beats by $0.06. Revenue of $9.9B (up 51% Y/Y) beats by $0.5B. Expects sharply lower operating income in Q3 of $20M to $170M, but revenues of $10.3B-$11.1B vs. $10.35B. Shares +1.3% AH. (PR)
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  • Jul. 26, 2011, 8:15 AM
    Amazon (AMZN) is looking to set up shop in India, according to a Times of India report. The company is reportedly in partnership talks with local online retailers, and could enter the market as soon as Q1 2012. However, as Wal-Mart (WMT) can attest, establishing a retail foothold in India is fraught with regulatory challenges.
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  • Jul. 26, 2011, 7:53 AM
    Amazon's (AMZN) Q2 results are due out later, with net profit seen at $0.34 vs. $0.45 but revenue at $9.37B vs. $6.57B. Net income was probably hit by continued investment in Amazon's distribution network and new products, which may include a much-rumored tablet.
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  • Jul. 26, 2011, 12:10 AM
    Notable earnings after Tuesday's close: ACE, AGNC, AMZN, CHRW, DWA, ERTS, GILD, HTS, IGT, ILMN, JNPR, KIM, LLTC, LVS, MTW, NBR, NSC, PMTC, PPDI, RFMD, TPX, TSS
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  • Jul. 25, 2011, 2:21 PM
    Amazon.com (AMZN) halts sales of Nintendo's (NTDOY.PK -1.8%) 3DS handheld game device due to a potential flaw: "There may be something wrong with our inventory of the item, the way we are shipping it, or the way it’s described here." Could be construction flaws, though one analyst thinks it's the device's streaming services like Netflix (NFLX) that Amazon has trouble with.
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  • Jul. 25, 2011, 10:12 AM
    Apple's (AAPL) insistence on taking a 30% cut of all purchases made through e-Reader apps running on its hardware has apparently led to Google Books (GOOG) being removed from the App Store. How Amazon (AMZN) responds to Apple's policy shift remains to be seen - its Kindle apps for iOS devices haven't yet been modified.
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  • Jul. 25, 2011, 8:07 AM
    Though still a small part of Amazon.com's (AMZN) business, the company's Web services division (AWS) is growing quickly, thanks to its scalable infrastructure and "pay as you go" pricing. JPMorgan sees AWS reaching $2.6B in revenues by 2015, while Cowen previously estimated $4B by 2016. Amazon reports earnings tomorrow.
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  • Jul. 22, 2011, 9:48 AM
    A marketing advocacy group is taking up the case for Amazon (AMZN -0.5%) and affiliate marketers by declaring a victory in Minnesota over the "Amazon Tax," and disputing the California online sales tax initiative. Just for good measure, earlier this summer the group filed a lawsuit declaring the online sales tax in Illinois unconstitutional.
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  • Jul. 21, 2011, 11:54 AM
    Facing weak sales of marquee titles as spending shifts to online and mobile games, Electronic Arts (ERTS) is thinking of taking a page from Amazon (AMZN) and Netflix (NFLX) by offering all of its titles "for one fixed price over a variety of devices" EA also wants to build a "social ecosystem" to tie its users together across multiple platforms.
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  • Jul. 21, 2011, 9:47 AM
    More on the New York Times' (NYT) Q2 results: Revenue missed consensus by $0.7M, and digital ad revenue was up only 2.6% Y/Y. However, digital subscriptions grew to 224K, up from 100K in April. In addition, the company has 57K in subscriptions for platforms such as Amazon's (AMZN) Kindle. Shares +6.8%. (PR)
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  • Jul. 20, 2011, 10:07 AM
    More on the AMZN/CBS deal: one bear asks if Netflix (NFLX -2.7%) is getting hit from this, what happens when Google (GOOG) buys Hulu?
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  • Jul. 20, 2011, 9:51 AM
    Amazon (AMZN) and CBS ink a deal to allow Amazon Prime customers - at no extra charge - to stream TV shows from the broadcaster's content library. Additionally, movies and TV shows from CBS will be available for all Amazon customers to purchase or rent. CBS +2.7%. NFLX -2%.
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  • Jul. 18, 2011, 4:38 PM
    Borders (BGPIQ.PK -32.9%) says it's liquidating, scrapping an auction plan, and will close its 399 bookstores. Liquidation is expected to begin for some stores and facilities as soon as Friday. 10,700 Borders employees lose, while Amazon (AMZN) and Barnes & Noble (BKS) win.
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  • Jul. 18, 2011, 2:15 PM
    Amazon (AMZN) is stepping up its efforts to put Kindles inside of classrooms: the company claims its just-announced Kindle Textbook Rental platform allows students to rent textbooks for up to 80% less than the list price. Though for many textbooks, one can imagine the Kindle's current lack of color support will be a handicap.
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  • Jul. 15, 2011, 1:25 PM
    Amazon's (AMZN +0.5%) battle to allow California residents a referendum on paying online sales taxes heats up again. Two Democrats set the stage for a pitched legal battle in state court, by declaring the vote invalid. Amazon still has an ace up its sleeve with a U.S. Supreme Court decision restricting states' rights to collect sales tax.
    | 1 Comment
  • Jul. 14, 2011, 4:38 PM
    Google (GOOG) is now up 11.4% AH following its earnings beat, and other Internet stocks are moving higher in sympathy. YHOO +1.7%. AMZN +1.3%. BIDU +2.4%. EBAY +2.4%. LNKD +1.1%.
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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