Amazon misses at 3Q earnings but invests in long term growth
Yesterday Amazon posted disappointing results in their 3rd quarter earnings report. Amazon’s shares fell 12% in trading yesterday. Amazon’s net income in 3Q 2011 fell 73% compared to the 3Q in 2010....
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Google to Challenge Amazon in Retail?
The Wall St. Journal and Business Insider reported on Thursday that Google is planning to take on Amazon in the retail sector by offering a new online shipping service with selected retailers. Google...
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Amazon Misses at Earnings; Maintains Long Term Growth Spending Plans
Amazon Headquarters Seattle, WA Seattle, WA On Tuesday online retailer giant Amazon posted disappointing quarterly revenues and guided lower for the first quarter of 2012. Amazon shares tumbled...
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Amazon jumps in afterhours on 22 percent revenue growth
Seattle, WA Shares of Amazon jumped 9 percent in afterhours trading on Tuesday after the world’s largest e-commerce retailer posted strong fourth quarter holiday revenue growth of 22 percent. Revenue...
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