3:47pm ET
Media
Apple And NBC War Of The Words
Apple (AAPL) claims that it kicked NBC’s programming off of its iTune service because NBC would not agree to pricing. NBC claims that: "We never asked to double the wholesale price for…
AMZN Coverage Page 349
5:54am ET
Media
Amazon To Launch Music Store In September
The New York Post reports that Amazon (AMZN) will launch its online music store in September. All of the music publishers who hate Apple (AAPL) must be heartened by the news. Douglas…
2:31pm ET
Media
Wal-Mart’s DRM-free MP3 Music Not Likely To Hurt Apple or Amazon.com (WMT, AAPL, AMZN, RNWK)
Earlier this morning, Wal-Mart (NYSE:WMT) announced the launch of its own "DRM-free" MP3 music downloads. Those wanting the service can download from Walmart.com at $0.94/song and $9.22/album. The new MP3 digital format…
4:53am ET
Investing
Google (GOOG): The Safest Stock In The World?
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%.…
4:34am ET
Investing
Blockbuster (BBI) Goes Download Two Year Too Late
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.…
9:51am ET
Investing
Amazon (AMZN) Goes After Ebay (EBAY) PayPal
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…
3:06am ET
Investing
Media Digest 8/3/2007 Reuters, WSJ, NYTimes, FT, Barron’s
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.…
12:16pm ET
Investing
Amazon (AMZN) To Compete With PayPal
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…
7:23am ET
Investing
Earnings Gappers (July 25, 2007)
(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…
5:44am ET
Investing
Amazon (AMZN) Gets Four Upgrades
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 3:13am ET
Investing
Media Digest 7/25/2007 Reuters, WSJ, NYTimes, FT, Barron’s
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.…
3:20pm ET
Investing
The Amazing Amazon (AMZN)
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 9:41am ET
Investing
Amazon.com, Earnings Playbook (AMZN)
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 4:50am ET
Investing
NetFlix (NFLX): The Death Of Hope
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…
11:16am ET
Investing
Top 10 Earnings Next Monday & Tuesday (July 23 & 24, 2007)
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…