Tag Archives: AMZN

Amazon Reports Earnings Result; Sales Fails to Spot Forecasts, Profit Falls 57% – NASDAQ:AMZN

Amazon.com Inc. (NASDAQ:AMZN) dropped as much as 11% in after-hours trading session as sales fell short of estimates, hinting that its investments in media services, Kindle devices and shipping promotions have been sluggish to pay off. The company registered Q4 … Continue reading

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Amazon.com Inc. (NASDAQ:AMZN) may fail to spot fourth- quarter sales forecasts, Goldman Sachs Group Inc. expected, mentioning slower-than-anticipated e-commerce growth over the holidays. Amazon’s revenue may increase 38% from a year previously to $17.9 billion, Heather Bellini, an analyst at …

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Best Buy Co.’s (NYSE:BBY) fiscal third-quarter earnings declined 29% as a drop in demand for televisions and other consumer electronics masked rigorous sales of mobile phones and other computing products. Shares dropped 8.4% to $25.70 in premarket trade as earnings …

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Groupon Shares Down to Knees; Tumble Below IPO Price Just Three Weeks After Initial Offering

Groupon Inc., (NASDAQ:GRPN) the biggest Internet daily-deal site, tumbled for the third straight day to under its initial public offering price for the initial time. The stock dropped -14.65% to $17.19 at 11:19AM EST in New York. Groupon, higher 31% … Continue reading

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Amazon’s Addition to Its Kindle Products; Plans to Launch a Kindle Phone Next Year – NASDAQ:AMZN

Online department store Amazon previously has its Kindle e-reader and its Kindle Fire tablet, and it could take a new direction into Kindle smartphones too. The device, up to now called the Kindle Phone for want of another name, will … Continue reading

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