The American Booksellers Association wants to know the motivation of Wal-Mart (NYSE:WMT), Target (NYSE:TGT), and Amazon (NASDAQ:AMZN) for selling popular books online for under $10. The industry group has asked The Justice Department…
The founders of the large web properties of Web 1.0 are all gone now save one. Yahoo!’s (NASDAQ:YHOO) chief Yahoo!s have very little to do with the company, although one of them,…
Reuters: Japan Airlines faces $8.8 billion in excess debt if liquidated. Reuters: Amazon (NASDAQ:AMZN) beat Wall St. estimates. Reuters: GM’s CEO will get a pay raise. Reuters: Nokia (NYSE:NOK) sued Apple (NASDAQ:AAPL)…
Shares of Amazon (NASDAQ:AMZN) rose nearly 10% after hours to $101.70, well above the stock’s 52-week high. Revenue increased 28% to $5.45 billion in the third quarter, compared with $4.26 billion in same…
These are this Tuesday’s top 10 analyst upgrades, downgrades, and initiations seen from Wall Street research calls which we have seen early in the morning: Amazon.com (NASDAQ: AMZN) Raised to Outperform at…
Price cuts work. In September, Sony’s (NYSE:SNE) PS3 outsold the Microsoft (NASDAQ:MSFT) Xbox 360 and Nintendo Wii for the first time in recent memory. Industry research firm NPD said that the video…
Reuters: US corporations are concerned about the weakness of the dollar. Reuters: Bernanke says that global imbalances in trade and cash flows must be addressed. Reuters: Wal-Mart (NYSE:WMT) is attacking new markets…
This week is going to make last week’s earnings flood look like elementary school. We have the floodgates opening for technology, web, software, hardware, and IT, and 24/7 Wall Street has previewed…
Reuters: Google (NASDAQ:GOOG) and IBM (NYSE:IBM) posted strong results. Reuters: Bank of America’s (NYSE:BAC) Lewis will skip 2009 pay. Reuters: Japan Airlines says bankruptcy is an option to solving its problems. Reuters: …
Too many companies want to compete with Amazon’s (NASDAQ:AMZN) relatively successful Kindle unit, although investors are concerned that the devices, priced at $249, will never have mass market appeal. Barnes & Noble…
Updated throughout the day. Updated 2.15 PM: Electronic Arts (NASDAQ:ERTS) may buy social game business Playfish for $250 million. (Business Insider) Updated 1:40 PM EST: CKX Inc. (NASDAQ: CKXE) refuting reports that…
Reuters: Aggressive trading in gold in China may be pushing the price of the metal up. Reuters: Blackstone’s (NYSE:BX) CEO says the worst of the crisis is over. Reuters: The House has…
Jeff Bezos, the founder of Amazon (NYSE:AMZN), is being praised as the man who has invented the next big and important electronic device. That category includes the Sony (NYSE:SNE) PS2, the Apple…
Updated throughout the day. Updated 2:44 Dell Inc. (NYSE: DELL) will launch a branded Android smartphone thru AT&T Inc. (NYSE: T) and possibly other carriers next year. Source today is from WSJ,…
Forrester Research recently completed a survey of 5,000 Americans in which it asked about the amount people would pay for e-book readers. Most respondents said they would not spend more than $100.…
