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Amazon.com, Inc. (AMZN)

- NASDAQ
  • Mar. 30, 2011, 2:37 PM
    Is yesterday’s launch of a digital music locker service by Amazon (AMZN +3.6%) a precursor to a tablet offering? Larry Dignan thinks Cloud Drive is a big piece of Amazon’s tablet ambitions: "The service will be critical to uploading content for any tablet that Amazon launches.” Morgan Stanley is a believer, raising its price target to $225 from $205.
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  • Mar. 29, 2011, 2:36 PM
    Amazon’s (AMZN +2.9%) announcement that it will let customers store music purchases on its servers via a "cloud-based" digital media "locker" is "the next logical step for Amazon in facilitating digital media consumption," Lazard's Colin Sebastian says. Not incidentally, "the service also pre-empts similar services likely coming from Apple (AAPL -0.3%) and Google (GOOG +0.9%)."
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  • Mar. 29, 2011, 8:13 AM
    Amazon (AMZN) plans to charge for its Cloud Drive service, but is offering anyone with an Amazon account 5GB of free storage. It's a laughably small figure (even the lowest-end iPod Touch offers more) but it might be just the right way to get consumers to test the service for free before paying for an upgrade.
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  • Mar. 29, 2011, 7:40 AM
    Amazon (AMZN) is serious about transforming itself into more than just an e-retailer, rolling out Amazon Cloud Drive and Amazon Cloud Player, which let consumers upload, store and access files from any computer. The move preempts similar offerings reportedly in development from both Google (GOOG) and Apple (AAPL).
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  • Mar. 28, 2011, 4:28 PM
    eBay's deal (EBAY -4.3%) to acquire GSI Commerce (GSIC +50.7%), with its back-end services and internet shopping operations for more than 100 retailers, is a bid to bring its legions of sellers more closely into the fold and offer them an expanding menu of services - and a challenge to Amazon (AMZN). "This is a big hole strategically that eBay is trying to plug," Stifel Nicolaus says.
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  • Mar. 24, 2011, 12:26 PM
    Mark Miller of William Blair gives a bump to his rating of Amazon.com (AMZN +3.3%), to Outperform - and downgrades Target (TGT) and Wal-Mart (WMT) to "Market Perform" - after comparing the websites and finding AMZN can keep up even with low-price performers because it carries so many more products than even Target.com and Walmart.com.
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  • Mar. 23, 2011, 9:54 AM
    Barnes & Noble (BKS -1.2%) likely will end its months-long search for a buyer without a sale of the company, Bloomberg reports. Private-equity firms and other bidders apparently have backed away, with some deciding that the bookseller is relatively unproven in digital sales and would have to compete with Apple (AAPL), Amazon (AMZN) and Google (GOOG).
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  • Mar. 22, 2011, 9:37 AM
    Amazon (AMZN -0.7%), jumping into the mobile app business, has a ways to go in competing with Apple (AAPL), whose App Store has 300,000 apps. “But Amazon is trying to make a big splash in terms of quality,” Tricia Duryee writes. It will offer a free app a day to help with promotion, a free test-drive feature for paid-for apps, and mine a user’s purchase history to make recommendations.
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  • Mar. 22, 2011, 8:21 AM
    Apple (AAPL) filed suit against Amazon (AMZN), accusing the online retailer of trademark infringement over the use of the term 'App Store.' The suit, filed Friday but just disclosed, asks a court to block Amazon from using the term and seeks unspecified damages.
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  • Mar. 17, 2011, 8:55 AM
    Wal-Mart (WMT), Target (TGT) and other leading retailers are intensifying their campaign for states to change their tax laws and force e-retailers like Amazon (AMZN) to collect state sales tax. Cash-strapped states may be tempted by the idea of extra revenue, but Amazon will likely play hardball.
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  • Mar. 16, 2011, 8:25 AM
    LivingSocial is in talks to raise $400M or $500M - depending on which report you read - to help finance its expansion and keep up with rival Groupon. The deal would value LivingSocial at $2B and comes just a few months after it received $175M from Amazon (AMZN).
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  • Mar. 11, 2011, 8:24 AM
    Amazon (AMZN) cuts ties to its Illinois-based affiliates, as it had threatened to do, in response to a new law that will force online retailers to collect sales tax in the state; consumers in Illinois will still be able to buy directly from the company.
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  • Feb. 28, 2011, 3:25 PM
    Doug Kass notes underperformance in five prominent techs: First Solar (FSLR -5.1%), F5 Networks (FFIV -2.4%), Amazon.com (AMZN -2.2%), Salesforce.com (CRM -5.9%) and Netflix (NFLX -3%). Kass has warned that the market leadership of "high-octane, high-beta, high-flying stocks" is deteriorating and could presage broader market weakness. All five are falling today, too.
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  • Feb. 28, 2011, 10:27 AM
    UBS analyst Brian Pitz cuts his rating and price target on Amazon (AMZN -1.9%), writing that a "more prolonged investment period" will "put the company’s margins under pressure for longer than originally anticipated." Amazon will need to invest in content such as the new streaming video component for its Prime service, so Pitz sees margin improvements falling short.
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  • Feb. 25, 2011, 8:02 AM
    YouTube (GOOG) is reportedly eager to launch a streaming movie service that would compete with Netflix (NFLX) and Amazon (AMZN), and is considering debuting the service in Europe, and particularly the U.K., to cut down on competition.
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  • Feb. 23, 2011, 1:09 PM
    S&P hikes Amazon.com's (AMZN) credit rating to A from A-, citing strong recession performance and "conservative" financial policies. Shares starting to come off session lows, -3.1% to $174.88.
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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.