The fear of a slowdown in tech spending has done a great deal of damage to big tech stocks. Over the last three months Amazon (AMZN) is down 3%, Intel (INTC) is…
This morning Amazon.com (NASDAQ: AMZN) has announced that it is retiring debt and will buy back common stock. Bezos & Co. has authorized a debt repurchase program that it may repurchase, redeem…
Douglas A. McIntyre Google (GOOG) joined the list of big online companies that disappointed just about everyone with its earnings. Revenue rose 51 percent to $4.827 billion. That just wasn’t enough. Google’s share will probably…
Audible Inc. (NASDAQ: ADBL) is finally being acquired. Amazon.com (NASDAQ: AMZN) will pay some $11.50 per share of Audible in an all-cash buyout. Including Audible’s cash on hand, this transaction is valued…
Douglas A. McIntyre Wall St. has gone through the looking glass into Wonderland with Alice. The world is upside down now. Awful results at firms like E*Trade (ETFC) and Countrywide (CFC) can make shares rally.…
According to Reuters, Amazon’s (AMZN) financial results show that its profit margins were squeezed in the last quarter. Reuters writes that Starbucks (SBUX) will close 100 stores and say 2008 could bring…
After the close of trading on Thursday, the beloved Google (NASDAQ: GOOG) will report earnings for Q4-2007. This is the last of the internet giants to report earnings. Interestingly enough, all of…
Amazon.com (NASDAQ: AMZN) posted earnings with net income at $0.48 EPS on net sales of $5.67 Billion. First Call had estimates pegged at $0.48 EPS and $5.37 billion in revenues. Interestingly enough,…
Douglas A. McIntyre Amazon.com (NASDAQ: AMZN) is set to report earnings after the close today. First Call has estimates pegged at $0.48 EPS and $5.37 billion in revenues. Next quarter’s estimates are $0.35 EPS and…
Douglas A. McIntyre Web 1.0 started long before the Nasdaq crash of 2000. In 1995 companies like Yahoo! (YHOO) started to show up. So did Lycos, Geocities, Altavista, and Swtichboard. Most of those companies are…
Yahoo! (NASDAQ: YHOO) has posted results of $0.15 EPS on revenues of $1.403 Billion (on an ex-TAC basis). Consensus estimates from First Call were $0.11 EPS & $1.41 Billion Revenues. As far…
After today’s close we’ll get to see quarterly and fiscal year-end results from Yahoo! (NASDAQ: YHOO). Over the last week the consensus estimates for 2008 have come in marginally, although the real…
Big handset company Sony-Ericsson is launching its own music store following about a billion other companies into the business of selling digital songs to owners of portable multimedia devices. That list is…
Sears (SHLD) has begun to hire some heavy hitters to run its online operations. Since the company does not do a very good job of selling merchandise in its stores, perhaps it…
If you thought this week was a rough or busy week in earnings season, you have not seen anything yet. Next week we literally will have around 150 companies or more post…
