Retailing giant Target Corp. (NYSE: TGT) will discontinue selling the Kindle family of tablets and e-readers by this summer. The Kindle devices are made by Amazon.com Inc. (NASDAQ: AMZN), and include the…
It is not unusual for large American public companies to be controlled by a founder, a founding family or a corporation that bought out the large majority of shareholders at some time…
Several CEOs and founders of well-known American companies have complete control over their companies. Through voting power, they control the boards and strategic decisions of these corporations. The best current example is…
Microsoft’s (NASDAQ: MSFT) decision to invest in the e-commerce arm of Barnes & Noble (NYSE: BKS) will do nearly nothing for the bricks-and-mortar book company. The challenge the two companies face has…
courtesy Barnes & Noble Inc.Microsoft Corp. (NASDAQ: MSFT) and Barnes & Noble Inc. (NYSE: BKS) announced this morning that the two companies were forming a “strategic partnership,” called ‘Newco’ for purposes of…
Last week, Apple (NASDAQ: AAPL) announced that it sold 35.1 million iPhones worldwide in the latest quarter. The figure is large, but not extraordinary. Some consumer products and consumer electronics companies sell…
Philp Falcone receives extensions from creditors owed money by his high-speed wireless company LightSquared. (Reuters) Social gifting is a growing part of e-commerce. (Reuters) Barron’s says Apple (NASDAQ: AAPL) and Google (NASDAQ: GOOG) could join…
Jon OggThis last week had many top analyst calls, but each week we review all of the calls looking for those which were very bold calls or that go against the grain. …
Markets opened higher this morning following a lower-than-expected GDP growth estimate of 2.2%. That was weaker, but not awful (our coverage here). The consumer sentiment survey rose a couple of ticks in…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Friday. Aetna Inc. (NYSE: AET) Reiterated Buy with a target price of $55…
S&P downgrades Spain and presses for EU action on debt. (Reuters) The U.S. economy slows as inventories fall. (Reuters) The Bank of Japan increases yen purchases to 10 trillion. (Reuters) U.S. companies…
Amazon.com Inc. (NASDAQ: AMZN) has turned in its highly anticipated earnings report. The online retail giant earned $0.28 EPS and sales were up 34% to $13.8 billion. Operating income was $192 million…
Jon C. Ogg Market research firm comScore Inc. (NASDAQ: SCOR) reported today that the Kindle Fire from Amazon.com Inc. (NASDAQ: AMZN) is the market share leader by a wide margin among tablet devices using the…
Amazon.com Inc. (NASDAQ: AMZN) is set to report earnings after the close of trading today and investors who like retail and internet stocks will be paying close attention. The company has expanded…
Amazon.com, Inc. (NASDAQ: AMZN) must have the goal that if you can sell it online then it wants a piece of it. After many specialty online sales initiatives, now it seems that…
