Alistair's Feed
Apr 26, 2013

Amazon shares sink on growth, valuation concerns

SAN FRANCISCO/NEW YORK, April 26 (Reuters) – Amazon.com
Inc’s stock sank nearly 8 percent on Friday on concerns
about slowing growth at the world’s largest Internet retailer.

Analysts at J.P. Morgan, Credit Suisse and Pacific Crest
Securities lowered their price targets on Amazon shares, citing
the top-line deceleration.

Apr 26, 2013

Amazon growth slows, while profit margins expand

SAN FRANCISCO (Reuters) – Amazon.com Inc’s revenue growth slowed in the first quarter as the world’s largest Internet retail struggled overseas, but margins jumped on lower shipping expenses and the expansion of more profitable new businesses.

Amazon shares fell 1.9 percent to $269.43 in after-hours trading on Thursday following the results.

Apr 26, 2013

Amazon’s success formula: move bits instead of boxes

SAN FRANCISCO/NEW YORK, April 26 (Reuters) – Amazon.com Inc
appears to have figured out the secret to being more
profitable: sell less physical stuff.

The company reported slowing revenue growth and offered a
disappointing outlook for this quarter on Thursday, exacerbating
uncertainty about the health of its business beyond the United
States.

Apr 25, 2013

Amazon results show margin expansion, overseas slowdown

SAN FRANCISCO (Reuters) – Amazon.com Inc reported solid first-quarter profits as the world’s largest Internet retailer controlled shipping expenses and other costs, but international revenue growth slowed.

Amazon, which has been on a spending spree in recent years, posted declines in net income and operating profit, year over year. However, the company’s gross profit margin, a closely watched measure of its profitability, came in at 26.6 percent, the highest in at least a decade, according to Scott Tilghman, an analyst at B Riley & Co.

Apr 25, 2013

Amazon first-quarter revenue matches expectations

SAN FRANCISCO (Reuters) – Amazon.com Inc’s first-quarter revenue jumped 22 percent to $16.07 billion, propelled by growing sales of digital content, cloud-computing services and gains in its main retail business.

The world’s largest Internet retailer had been expected to record revenue of $16.1 billion in the typically slower first quarter, according to average forecasts on Wall Street.

Apr 24, 2013

Analysis: Sleeping ad giant Amazon finally stirs

SAN FRANCISCO/NEW YORK (Reuters) – Amazon.com Inc is known in the advertising industry as the “sleeping giant” because the world’s largest Internet retailer harbors a trove of consumer-spending data that many marketers have called an unrealized opportunity.

Now it’s awakening to the potential. After running ads on its own website for years, the company has taken the first steps toward becoming a true Internet advertising network, using the knowledge garnered from its data to place targeted ads for some of the world’s biggest advertisers across thousands of other websites.

Apr 24, 2013

Sleeping ad giant Amazon finally stirs

SAN FRANCISCO/NEW YORK, April 24 (Reuters) – Amazon.com Inc
is known in the advertising industry as the “sleeping
giant” because the world’s largest Internet retailer harbors a
trove of consumer-spending data that many marketers have called
an unrealized opportunity.

Now it’s awakening to the potential. After running ads on
its own website for years, the company has taken the first steps
toward becoming a true Internet advertising network, using the
knowledge garnered from its data to place targeted ads for some
of the world’s biggest advertisers across thousands of other
websites.

Apr 21, 2013

EBay recruits users in push against sales tax legislation

SAN FRANCISCO (Reuters) – EBay Inc (EBAY.O: Quote, Profile, Research) Chief Executive John Donahoe began emailing millions of users of the company’s online marketplace on Sunday in an unprecedented lobbying effort to change looming Federal sales tax legislation.

The e-commerce giant plans to send emails from Donahoe to at least 40 million eBay users, including most sellers on the marketplace. The first messages were sent out Sunday morning.

Apr 21, 2013

Exclusive: EBay recruits users in push against sales tax legislation

SAN FRANCISCO (Reuters) – EBay Inc Chief Executive John Donahoe began emailing millions of users of the company’s online marketplace on Sunday in an unprecedented lobbying effort to change looming Federal sales tax legislation.

The e-commerce giant plans to send emails from Donahoe to at least 40 million eBay users, including most sellers on the marketplace. The first messages were sent out Sunday morning.

Apr 19, 2013

Amazon posts 14 TV pilots on Internet to gather viewer feedback

SAN FRANCISCO (Reuters) – Amazon.com Inc’s experiment with original video production took a big step forward on Friday as the company posted 14 pilot TV shows on the Internet for free viewing.

Amazon, the world’s largest Internet retailer, has been filming pilots in recent months for comedy and kids TV shows such as Alpha House, Betas and Teeny Tiny Dogs.