The device itself isn’t very different than the old Kindle. But it explains where Amazon sees itself expanding. By Chadwick Matlin of The Big Money At first, they hyped it as just…
Douglas A. McIntyre According to Reuters, GM (GM) is expected to post huge losses ahead of decisions about whether it will go into Chapter 11. Reuters reports that Obama is seeking budget savings due to…
It’s official. Amazon.com, Inc. (NASDAQ:AMZN) has introduced the much larger version of its Kindle e-book reader. The Amazon Kindle DX offers Kindle’s revolutionary wireless delivery and content with a large 9.7-inch electronic…
Douglas A. McIntyre According to Reuters, changes at Yahoo! (YHOO) are getting mixed reviews from employees. Reuters reports that ten banks could could have to raise new money after stress tests. Reuters reports that two…
According to Reuters, if the big transportation bill does not pass states will miss out on funds for roads, bridges, and tunnels. Reuters reports that Buffett attacked bank “stress tests.” Reuters writes…
Someone at technology news site, Cnet, came up with the clever idea of running a poll to learn the age of people who use Amazon’s miracle book reader, the Kindle. Seven hundred…
According to Reuters, world health officials are fighting to contain the new flu. Reuters reports that the government may be pressing Citigroup (C) and Bank of America (BAC) to raise more money.…
According to Reuters, tech giants reported reasonable earnings for last quarter because of cost cutting and a resilience in a bad economy. Reuters reports that Chrysler is still working on a deal…
Amazon.com Inc. (NASDAQ: AMZN) has just posted earnings. The online retail giant has posted earnings of $0.41 in non-GAAP EPS and $4.89 billion in revenue. Thomson Reuters had estimates of $0.31 EPS…
Douglas A. McIntyre United Parcel Service, Inc. (NYSE: UPS) is trading off after the company reported poor earnings this morning. There is an interesting angle here that could reflect on Amazon.com Inc. (NASDAQ: AMZN) ahead…
Overstock.com, Inc. (NASDAQ: OSTK) has just reported earnings. The online ‘overstock’ retailer, or “The O,” has posted an 8% decline in revenue of $187.4M and a net loss at -$0.09 EPS. We…
Amazon.com, Inc. (NASDAQ: AMZN) is getting further into the media download game. The online retail aggregator and seller of books, CDs, and DVDs has announced that its customers can now rent box-office…
Douglas A. McIntyre Citi upgrades Amazon.com (Nasdaq: AMZN) from Hold to Buy. Price target increased from $65 to $97. The Citi analyst highlights 3 Reasons To Buy AMZN – 1) Potentially faster than expected operating…
Douglas A. McIntyre These are the top ten analyst upgrades and downgrades we have seen from Wall Street this Monday morning: Amazon.com (AMZN) Raised to Buy at Citigroup. bebe Stores (BEBE) Raised to Outperform at…
States and the federal government have monkeyed around with the idea of forcing e-commerce sites to collect state taxes for years. That would require companies such as Amazon (NASDAQ:AMZN) and eBay (EBAY)…
