News Breaks |
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| January 28, 2013 |
| 12:29 EDT |  | AMZN | Earnings Preview: Amazon.com up almost 25% since last earnings report
Amazon.com (AMZN) is expected to report Q4 earnings after the market close on Tuesday, January 29 with a conference call scheduled for 5:00 pm ET. Amazon.com is an online retail company that also provides consumer electronics and cloud computing services... EXPECTATIONS: Analysts are looking for EPS of 28c on revenue of $22.27B. The consensus range is (38c)-82c for EPS, and $21.49B-$23.56B for revenue, according to First Call... LAST QUARTER: Amazon.com reported Q3 EPS (60c) with items against estimates of (8c), on revenue of $13.81B against estimates of $13.92B. The company also reported Q3 operating cash flow $3.37B and gave a Q4 revenue guidance of $20.25B-$22.75B. At the Q3 earnings conference call, Amazon.com said inventory increased 34% and that it is investing very heavily in capacity... STREET RESEARCH AND NEWS: Amazon announced a "record-breaking" holiday season with unit growth from U.S. sellers increasing more than 40%. According to ChannelAdvisor, Amazon's SSS grew at a 29.8% rate in December and at a 43.7% rate in November. Goldman confirmed that the company had a robust holiday season and therefore, will beat analyst expectations in Q4. Pacific Crest said Amazon.com should be bought on weakness, maintaining that the company will be able to sustain rapid growth. Pacific Crest added that the company should have a strong 2013 although it warned of a lower-than-expected Q1 revenue. The company was also upgraded at Morgan Stanley and had its price target raised at Piper Jaffray, after the firms cited its dominance in global e-commerce and its under-appreciated fulfillment network... PRICE ACTION: Amazon.com shares have risen over $53.00, or more than 24%, since the first day of trading following the company's Q3 report. In Monday midday trading ahead of Q4 report, Amazon.com shares are down approximately 2.5%. |
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News For AMZN From The Last 14 Days Check below for free stories on AMZN the last two weeks. |
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| June 19, 2013 |
| 07:09 EDT |  | AMZN | Wal-Mart plays catch up to Amazon.com, WSJ reports
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| 06:08 EDT | | AMZN | On the Fly: Periodicals Wrap-Up
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| June 18, 2013 |
| 09:38 EDT | | AMZN | Amazon rumored to eye Alibaba partnership in China, TechInAsia says
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| 09:08 EDT |  | AMZN | Amazon.com announces social gift giving service
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| 09:06 EDT | | AMZN | Amazon Kindle FreeTime Unlimited adds new kids content
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| 08:07 EDT |  | AMZN | Synaptics displaced Atmel in new Kindle Fires, says Maxim
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| 07:42 EDT |  | AMZN | O'Reilly Media to hold a conference
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| 06:17 EDT | | AMZN | Taiwan tablet sales to reach 2M units in 2013, DigiTimes reports
Tablet demand in the Taiwan market is set to reach 2M units in 2013, reports DigiTimes, according to a Far EasTone Telecommunications Officer. Maxwell Cheng said the forecast for tablet sales volume in 2013 is set to double the level in 2012, with the 7-inch models estimated to account for 70%-80% of solid tablets. Reference Link |
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| June 17, 2013 |
| 15:29 EDT | | AMZN | Google's Chromebook to be available in Wal-Mart, Staples
In addition to Best Buy (BBY) and Amazon.com (AMZN), Google (GOOG) announced that, starting today, Walmart (WMT) will be making the newest Acer Chromebook available in approximately 2,800 stores across the U.S. for $199. Beginning this weekend, Staples (SPLS) will bring a mix of Chromebooks from Acer, HP (HPQ) and Samsung (SSNLF) to each of its stores in the U.S., or more than 1,500 in total. Reference Link |
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| June 13, 2013 |
| 07:57 EDT | | AMZN | Amazon Kindle to launch in India this month, WSJ says
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| June 12, 2013 |
| 15:01 EDT |  | AMZN | New Four Horsemen of Tech option implied volatility is mixed
Amazon.com (AMZN) overall option implied volatility of 29 is below its 26-week average of 31, Google (GOOG) is at 24, near its 26-week average of 23, Apple (AAPL) is at 27; below its 26-week average of 29, IBM (IBM) is at 19, above its 26-average of 16 according to Track Data. |
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| 14:30 EDT | | AMZN | Rackspace has slight negative readthrough from Amazon cut, says Wells Fargo
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| 05:51 EDT | | AMZN | Amazon, IBM battle over $600M CIA contract, WSJ reports
The fight between IBM (IBM) and Amazon.com (AMZN) over a $600M contract to set up a cloud-computing system for the Central Intelligence Agency shows the growing importance of intelligence-agency business for technology companies, reports the Wall Street Journal. Reference Link |
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| June 11, 2013 |
| 07:23 EDT | | AMZN | Amazon.com shares should be bought by long-term investors, says Bernstein
Bernstein expects Amazon.com's 2014 gross profit margins to significantly beat expectations. The firm expects the company's EBITDA and operating income to exceed expectations over the longer term, and it keeps a $350 price target and Outperform rating on the stock. |
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| 06:13 EDT | | AMZN | Piper sees slight downside to Amazon quarter after data
Piper Jaffray says ChannelAdvisor data indicates slight downside to Amazon.com's June quarter. The firm notes ChannelAdvisor sales saw a sequential deceleration to 26% year-over-year growth in May from 31% in April and the March quarter average of 32%. Piper has an Overweight rating on shares of Amazon with a $325 price target. |
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| 06:10 EDT | | AMZN | ChannelAdvisor reports Amazon, eBay SSS for May
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| June 10, 2013 |
| 16:01 EDT | | AMZN | Options Update; June 10, 2013
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| 16:01 EDT | | AMZN | Options Update; June 10, 2013
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| 14:17 EDT | | AMZN | Amazon releases new version of Prime shipping service, Reuters says
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| 11:40 EDT | | AMZN | Rovi retreats after adverse patent decision from ITC
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