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)…
According to Reuters, Ebay’s (EBAY) shares are cheap by many measures but investors are avoiding the company, while Amazon’s (AMZN) are so expensive that investors are concerned. Reuters reports that the SEC…
Short sellers were figuring that after the bank rally late last month, banks shares were likely to give back some gains. That was working until Wells Fargo (WFC) reported that it would…
These are some of the top pre-market analyst downgrades and negative research calls we have seen from Wall Street early this Thursday morning with about two hours until the market opens: Advance…
According to Reuters, the Obama financial reforms face a bumpy road. Reuters reports that the NY State Attorney General has subpoenaed AIG (AIG) over its CDS contracts. Reuters reports that Obama’s financial…
As the number of people who are willing to drive to a store to pick up a movie dwindles, so does Blockbuster’s (BBI) chances of staying alive. Blockbuster has tried to remedy…
Sony (SNE) and Google (GOOG) plan to launch a partnership to challenge to Amazon’s (AMZN) modestly successful e-book reader. According to The Wall Street Journal, the project will “give users of the…
According to Reuters, the Fed’s plans to buy Treasuries is like a program called “Operation Twist” which was part of the agencies effort to help the economy almost fifty years ago. Reuters…
According to Reuters, AIG (AIG) will have to pay taxpayers back for bonuses it paid out before it can get its next $30 billion in loans. Reuters reports that Coke (KO) is…
Discovery Communications, Inc. (Nasdaq: DISCA, DISCB, DISCK) has filed a patent infringement suit against Amazon.com, Inc. (NASDAQ: AMZN) regarding the Amazon Kindle e-book reader.
Piper Jaffray is upgrading Amazon.com (Nasdaq: AMZN) today from Neutral to Buy and boosting its price target from $55 to $81, saying “The Party Is Just Getting Started.” On the upgrade, Piper…
Douglas A. McIntyre