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Tag Archives: Amazon

Overnight Market News – February 23, 2010

23-Feb-10

Microsoft Corp Signs Cross-License Patent Agreement with Amazon.com Inc, Allowing the Two to Share Technology in Several Areas Including Amazon’s Kindle Reader Germany’s Commerzbank AG Narrows Fourth-Quarter Net Loss to EUR 1.86B (USD 2.53B) from EUR 5.45B a Year Ago Continental AG, Europe’s Second-Biggest Auto Parts Maker, Widens 2009 Net Loss to EUR 1.65B from [...]

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Amazon Posts Strong Results For Third Quarter

27-Oct-09

Amazon.Com Inc shares rallied for a second-straight day, after posting top-notch results for the third quarter on strong sales of its Kindle electronic reader. Third quarter profit blew past analysts’ average forecast of US$0.33 a share, rising 69% to US$199M (Or US$0.45 a share). Following the results, Amazon shares received upgrades at a number of [...]

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Amazon 2nd Quarter Income Falls

25-Jul-09

Unfortunately for Amazon.Com Inc, its plan to boost sales through massive price cuts has begun to eat away at its bottom line. Yesterday, the world’s biggest online retailer posted a 10% fall in second quarter net income to US$142M or US$0.32 per share (from US$158M or US$0.37 per share a year earlier). The performance was [...]

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