Shares in Google (GOOG) are at $515, up about 18% this year. Some other internet companies are up much more. Chinese search leader Baidu (BIDU), a genuinely tiny company, is up 78%.…
Blockbuster (BBI) bought Movielink, a premium video content download service owned by several Hollywood studios. The price was rumored to be $20 million. The move is almost certainly two years too late.…
As 24/7 reported earlier this week, Amazon (AMZN) will begin beta testing its new Flexible Payments Service. While the product will compete with Google (GOOG) CheckPoint, it is a much bigger threat…
According to Reuters, net income at Toyota (TM) rose sharply on strong US and European sales. Reuters writes that American Home Mortgage (AHM) will close today and lay-off all of its employees.…
A report at TechCrunch indicates that Amazon (AMZN) will launch on online payment service to compete with Ebay (EBAY) PayPal and Google (GOOG) Checkout. TechCrunch writes users will be "redirected to Amazon’s…
(AMZN) Amazon.com trading up over 20% after beating earnings and raising guidance; has 5 upgrades so far.(ASH) Ashland $1.35 EPS vs $1.11 estimate.(BA) Boeing $1.35 EPS vs $1.16 estimate; guidance looks soft…
This AM, Amazon (AMZN) was upgraded by four firms. Credit Suisse took that shares from "neutral" to "outperform". JP Morgan took them from "underperform" to "neutral". RBC took them from "sector perform"…
Douglas A. McIntyre According to Reuters, Amazon’s (AMZN) sales and earnings rose and the stock was up almost 20% after hours. Reuters writes that the CEO of XM Satellite (XMSR) will step down next month.…
Amazon.com (NASDAQ:AMZN) came with numbers that are pleasing Wall Street again. Even after that meteoric rise. Net sales increased 35% to $2.89 billion in the second quarter; Net income increased 257% to…
Douglas A. McIntyre Today’s after-hours trading session is likely going to be a wild ride one way or the other for shares of Amazon.com (NASDAQ:AMZN). The Internet retailing giant is reporting earnings after the close.…
Douglas A. McIntyre In 1942, economist Joseph Schumpeter came up with the notion of "creative destruction". The term became more popular in the 1970s and 1980s as Wal-Mart (WMT) ran K-Mart out of town and…
Stock Tickers: AXP, AMZN, BIIB, BNI, CME, DD, HAL, LMT, MRK, PEP, T These may not be the ONLY important earnings, but we wanted to hit most of the major earnings. It…
comScore data for June showed Yahoo! (YHOO) leading all properties in the US with 133 million unique visitors. Google (GOOG) and Time Warner (TWX) sites were virtually tied at just over 123…
comScore is out with it Top Ten Web Properties for May 2007. The leaders was Google (GOOG) with 528 million unique visitors during the month, almost 70% of all global web users.…
Amazon (AMZN) rose 4% yesterday on no news. So did Level 3 (LVLT). Odd that both happened on the opening day of earnings season. Other tech firms like Google (GOOG) are also…
