posted 04-24-2001 06:30 PM         

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Amazon.com on Tuesday reported a first-quarter operating loss that was slightly less than what it told Wall Street to expect earlier this month, on stronger-than-expected sales. The leading Internet retailer said it lost $49 million, or 22 cents per share, excluding extraordinary charges, a penny less than expectations. (source: CNNfn) http://cnnfn.cnn.com/2001/04/24/news/earns_amazon/

Company Name (Ticker): reported, expected, same q last year

Amazon.com (AMZN): -$0.21, -$0.26, -$0.35

posted 04-09-2001 05:07 PM         

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Amazon.com said Monday it'll post stronger-than-expected first quarter results, but the online retailer is still swimming in red ink. The company said it expects to beat Wall Street's estimates of a 30-cent loss by 8 cents. News of the results sparked an immediate rally on Wall Street at Monday's open. (source: MarketWatch) http://cbs.marketwatch.com/news/story.asp?guid=%7B9B445C03%2DD965%2D473D%2DBBD1%2DC4C67B757E7C%7D

Investors hotfooted it into Amazon.com stock after the company surprised Wall Street with a strong earnings forecast Monday. But analysts who cover the stock are waiting for the other shoe to drop. (source: The Street) http://www.thestreet.com/tech/internet/1382748.html

posted 03-09-2001 06:04 PM         

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The SEC is investigating stock sales by Jeffrey Bezos, the chairman of Internet retailer Amazon.com, according to newspaper reports Friday. Sources close to the matter say the probe centers on stock sold by Bezos in early February just before a Wall Street firm released a negative research report on the company. (source: ZDNet) http://www.zdnet.com/zdnn/stories/news/0,4586,2694398,00.html http://www.investorguide.com/cgi-bin/daily.cgi?03603

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posted 03-05-2001 06:44 PM         

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Amazon.com may be in talks to form a strategic alliance with Wal-Mart Stores, the world's largest retailer, according to a UK newspaper. Under the terms of the alleged deal, Amazon would become Wal-Mart's e-commerce supplier and Wal-Mart would gain access to the e-tailer's expertise in managing the retail chain. (source: The Standard) http://www.thestandard.com/article/display/0,1151,22627,00.html

The rumor that Wal-Mart and Amazon.com may enter into an alliance marks the first time Amazon investors had anything to celebrate in the last six months -- but it may be a little premature to pop open the champagne. (source: Forbes) http://www.forbes.com/2001/03/05/0305amazon.html

posted 02-28-2001 06:09 PM         

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In Brief:

- Amazon will begin to offer free online music downloads along with a tip jar for the musicians in an attempt to increase CD sales and boost profits. The retailer hopes to shore up its core books, music and video business which grew only 11 percent in the fourth quarter of 2000.

posted 02-15-2001 06:15 PM         

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In Brief:

- That rare bird, the analyst's "sell" rating nested on Amazon.com's stock this morning. Lehman Brothers downgraded the shares citing poor growth in core businesses, and sending them tumbling.

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