Amazon.com Inc. (NASDAQ: AMZN) has another report that may be baffling for some investors. The online retailer of just about everything reported that income fell 8% to $191 million or $0.41 EPS…
Jon C. Ogg Earnings season is in full throttle and many major companies are due to report in the week ahead. Some of the key reports we are featuring for detailed earnings previews are the…
Last week, the long-awaited (by some) US launch of the Spotify streaming music service finally got out of the gate. At the time of the launch, the service was available by invitation…
Sometimes a death of a brand can take quite a bit longer than many might expect. Borders Group was one of our brands to disappear picks in late-2010 despite a broad and…
Jon C. Ogg IBM (NYSE: IBM) posted extraordinarily strong earnings for the quarter that ended June 30. The news caused the technology giant’s shares to slip after hours and then rise very slightly. The market’s…
Sony (NYSE: SNE) continues to humiliate itself with a series of poor decisions, many of which have severely damaged earnings. The latest of these is to launch yet another e-reader into a…
The EU has reached no decision on Greece. The IMF favors private sector involvement (Reuters) Japan warned about the economic results of the rapid rise in the yen (Reuters) The dollar fell…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Wednesday morning. Amazon.com Inc. (NASDAQ: AMZN) Started as Overweight at JPMorgan. Applied Micro…
Amazon (NASDAQ: AMZN) faces a sales tax in California that it is not willing to pay. As a result, its relationships with affiliates in the state became strained, and the company will…
Douglas A. McIntyre 24/7 Wall St. is probably not alone in noticing that there were very few earnings warnings issued by the major companies that dictate market trends going into the end of June. That…
Treasury officials examine ways to prevent default if an August 2 deadline to increase the debt cap is not met by Congress (Reuters) LaGarde will give a Chinese official a top job…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Wednesday morning. Amazon.com Inc. (NASDAQ: AMZN) Started as Neutral at Collins Stewart. Baidu,…
California means to make Amazon (NASDAQ: AMZN) and other e-commerce companies pay state sales taxes on all the goods and services the companies sells in the largest state by population. In response,…
Douglas A. McIntyre Microsoft (NASDAQ: MSFT) launched its new cloud product, Office 365. Many of the business clients of the world’s largest software company no longer want Office to run on their PCs and servers.…
It may not seem like much when gasoline costs $3.70 per gallon of regular, but Wal-Mart will cut gas prices by a dime for the next 90 days. While it may not…