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Amazon.com, Inc. (AMZN)

- NASDAQ
  • Dec. 12, 2011, 3:18 PM
    Consumers critical of Amazon's (AMZN -2.1%) Kindle Fire - complaining, for example, that there is no external volume control and the off switch is easy to hit by accident - compel NYT's David Streitfeld to compare the tablet to the Edsel. Hyperbole, perhaps - was the Edsel no. 2 in sales of U.S. autos at its launch? - but Amazon says it will release a software update within two weeks.
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  • Dec. 12, 2011, 10:43 AM
    Netflix (NFLX +7.3%) is soaring on market chatter of Amazon (AMZN) and/or Verizon (VZ) making a play for the company. "I doubt it," tweets one of Seeking Alpha's Netflix watchers, Rocco Pendola.
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  • Dec. 1, 2011, 12:40 PM
    That little spike down from $198 to $195 in Amazon (AMZN) a few minutes ago? Benzinga - citing the WSJ - says Google (GOOG) is working on a same-day delivery system for online purchases, and is speaking to retailers about the design. AMZN shares are now at $196.15, +2%.
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  • Dec. 1, 2011, 11:29 AM
    As Barnes & Noble (BKS -19.2%) crashes on account of weak FQ2 results and FY12 guidance, Best Buy provides another piece of discouraging data for the company: the Nook Tablet is only the 8th-best-selling tablet on Best Buy's site, 7 spots below the top-ranked Kindle Fire (AMZN). The iPad (AAPL) is likely the most popular tablet overall, given that over a dozen models are listed.
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  • Dec. 1, 2011, 10:27 AM
    Shares of Barnes & Noble (BKS -12.5%) get hammered in early trading after the firm misses consensus EPS estimates badly and says it expects full-year earnings to fall in the lower end of its previously issued guidance. The company says it will increase its spend on marketing and advertising for its Nook business - cutting into margins already razor-thin with rival Amazon (AMZN +2.2%) willing to sell e-readers at a loss (I, II).
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  • Nov. 30, 2011, 9:25 AM
    Nvidia (NVDA) gains 4% after Canaccord's checks lead it to believe one of the company's Tegra app processors has been designed into the next-gen version of Amazon's (AMZN) Kindle Fire. Investors were hopeful a Tegra chip would be used in the current Fire, but Amazon wound up using a Texas Instruments (TXN) OMAP 4 processor.
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  • Nov. 28, 2011, 10:05 AM
    Investors in retailers choose to accentuate the positive and eliminate any potential negative, as retail stocks (XRT +3.9%) post major moves in the early going. Among the notable gainers: AEO +5.2%, ANF +4.6%, BBY +4.2%, TIF +5.6%, AMZN +5.3%, JCP +3.5%, KSS +2.4%, TGT +2.3%, WMT +1.4%.
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  • Nov. 28, 2011, 6:43 AM
    Amazon (AMZN) reports Kindle sales increased 4X over last year's Black Friday haul as consumers loaded up on its line of e-readers that it's selling at a loss in order to gain content customers. ComScore confirms Amazon's big day, saying Amazon.com tallied 50% more visitors than any other retailer's website. Shares +3.9% premarket.
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  • Nov. 25, 2011, 12:20 PM
    Internet stocks are selling off, with Netflix (NFLX -6.6%), LinkedIn (LNKD -3.8%), and Groupon (GRPN -4.3%) all adding to their recent bloodletting. Amazon (AMZN -3.8%) and eBay (EBAY -1.3%) are also moving lower, in spite of positive Thanksgiving e-commerce data.
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  • Nov. 18, 2011, 2:21 PM
    As Amazon (AMZN -2.9%) shares near three-month lows, one factor could involve some negative initial feedback from this week's Kindle Fire launch. Tech Crunch reports some users are suffering WiFi reception problems, with others saying the device shuts off its wireless when the display is turned off. No official word yet from Amazon, and it’s not clear how many devices are actually affected.
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  • Nov. 16, 2011, 12:28 PM
    Texas Instruments (TXN +2.5%) shares are on the move after iFixit said last night it discovered a TI processor at the core of the new Amazon (AMZN) Kindle Fire. Stifel Nicolaus believes more than $30 of TI components may be in the device, and that Kindle Fire sales may account for $150M-plus, or ~4.4%, of TI's Q4 revenue.
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  • Nov. 14, 2011, 1:29 PM
    Though the Kindle Fire is receiving less-than-glowing reviews, Amazon (AMZN +1.7%) is outperforming today, while Barnes & Noble (BKS -2.7%) is selling off after rallying strongly last week (I, II). An in-depth Wired interview with Jeff Bezos, in which he goes over Amazon's hardware, content, and web services strategies, could be giving bulls some encouragement.
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  • Nov. 11, 2011, 1:55 PM
    Nvidia (NVDA +3.5%) is now rallying following a morning plunge. Commentary on the company's FQ3 report (I, II) has focused heavily on its Tegra mobile processor chips. Raymond James (Strong Buy) is happy with the design win pace for Tegra 3 chips, while MKM (Neutral) is concerned about the loss of Motorola as a customer, as well as AMZN's decision to go with TXN for the Kindle Fire. (transcript)
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  • Nov. 10, 2011, 2:14 PM
    Barnes & Noble (BKS +7.6%) is rallying hard for the second straight day; shares are now up nearly 30% since the company unveiled its Nook Tablet on Tuesday. Short-covering is likely a factor (46.7% of float shorted as of Oct. 14), though it doesn't hurt that the Nook Tablet's impressive specs have calmed fears B&N would have no answer to Amazon's (AMZN) Kindle Fire. (earlier)
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  • Nov. 10, 2011, 10:43 AM
    Apple (AAPL -2.3%) continues moving lower (previously) on account of a downbeat note from Cleveland Research. The firm is cutting its iPad shipment estimates, citing competition from Amazon's (AMZN) Kindle Fire. Amazon just lifted its 2011 orders for the Fire, which doesn't get put to the test by customers until next week.
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  • Nov. 9, 2011, 2:31 PM
    ComScore's report on retail E-Commerce sales (previous) showing strong gains in the Jewelry & Watches category doesn't quite dovetail with Blue Nile's (NILE -30.5%) disastrous Q3 report. The fly in the ointment could be the higher wholesale diamond prices that online jewelry sellers such as NILE, OSTK, ZLC, AMZN, and TIF have a tough time passing on to strapped bargain-hunting consumers as easily as brick-and-mortar retailers like ZLC and SIG.
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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.