Tagged: AMZN

Online Sales Rise 24.3% on Black Friday

Online sales on Black Friday rise sharply this year, driven by increased use of mobile devices. Although Amazon.com Inc. (NASDAQ: AMZN), eBay Inc. (NASDAQ: EBAY) and other e-commerce companies posting strong performances, the industry’s...

Groupon’s IPO, Largest Since Google

One of the leading online NASDAQ:GRPN) increased the size of its initial public offering to raise $700 million. Groupon’s initial public offering became the largest offering by a United States company since Google Inc....

Disney Renews Netflix Deal

Walt Disney Co. (NYSE:DIS) on Monday announced multiple deals where it licensed digital copies of reruns of its content. Disney renewed a two year old deal with Netflix (NASDAQ:NFLX) to stream its older shows...

Stocks Firmly in Green on Europe Reports

Stocks have risen sharply in late trading and are now firmly in green. Stocks rose after reports from Europe that China, the world’s fastest growing major economy will step in to help Europe by...

Amazons Third Quarter Profits Down By 73%

Amazon.com (NASDAQ:AMZN), the E-commerce giant on Tuesday announced its third fiscal quarter earnings, in which it posted a 73 percent drop in profit. The company missed estimates of Wall Street analysts, sending stocks 17...

Amazon.com Gets Reprieve on California Tax (AMZN)

Amazon.com Inc. (NASDAQ: AMZN), on Friday, got a relief on California tax after the state’s governor Jerry Brown signed a compromise legislation grating the Seattle, Washington-based company a reprieve from collecting state sales tax....