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Barron's Picks And Pans: GM, Kraft Heinz, Tesla, Under Armour And More
Saturday, February 8, 2020 - 12:45pm | 671Read More...This weekend's Barron's cover story reveals the third annual ranking of America's most sustainable companies. Other featured articles explain why oil stocks may have hit bottom and offer a look at how the coronavirus outbreak is affecting health care companies. Also, the prospects for...
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Some US Shoppers Dislike Amazon But Use It To Get Free Shipping — Survey
Thursday, February 6, 2020 - 12:21pm | 412Read More...A recent survey of 2,000 U.S. consumers indicates a fair number of people don't much care for Amazon.com Inc.'s (NASDAQ: AMZN) practices but shop on Amazon's site anyway because of the lure of free shipping. The survey, conducted by Convey, a last-mile delivery IT provider, found that 24% of...
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UPS And Amazon: Made For Each Other?
Thursday, February 6, 2020 - 10:49am | 1441Read More...Like most mega-companies, UPS Inc. (NYSE: UPS) is loath to publicly discuss customers or its relationships with them. It refuses to answer reporters' questions about customers. It never mentions them in press releases or other media announcements. But the long-held custom went out the window last...
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Amazon Made It Happen And Gained The $1 Trillion Club Membership
Wednesday, February 5, 2020 - 11:33am | 960Read More...With fourth quarter earnings way above Wall Street estimates, e-commerce giant's stock was up more than 10 percent or $203 during after-hours trading on Thursday, January 30th, ultimately reaching market value that is over $1 trillion on Tuesday, February 4. As of 2018, its stock underperformed...
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Jeff Bezos Sells $1.8B Worth Of Amazon Stock
Wednesday, February 5, 2020 - 8:59am | 348Read More...Amazon.com (NASDAQ: AMZN) CEO Jeff Bezos has sold Amazon stock worth $1.84 billion, according to the SEC filings. What Happened Bezos sold 905,456 shares of Amazon on Friday and Monday. The sale happened after the company declared better than expected earnings on Thursday. Revenue...
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Elon Musk Getting Richer Faster Than Any Other Billionaire This Year
Monday, February 3, 2020 - 11:44pm | 407Read More...Tesla Inc. (NASDAQ: TSLA) founder and chief executive officer Elon Musk is getting richer faster than any other billionaire in 2020 so far. What Happened Musk has added $13.5 billion to his net worth this year by Monday, according to the Bloomberg Billionaires Index. The second-in-line Jeff Bezos,...
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Today's Pickup: Amazon Taking More Logistics Work In-House; Steer Clear Of The ATL
Monday, February 3, 2020 - 5:05pm | 897Read More...Good day, Amazon.com Inc.'s (NASDAQ: AMZN) hiring of 1,600 Pinnacle Logistics employees at Baltimore-Washington International Airport (BWI) signals a continued move by Amazon to take full control of its logistics operations, this time by actually absorbing the workers rather than contracting for...
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Jeff Bezos Faces Defamation Lawsuit Filed By Girlfriend's Brother Over Selfie Leaks
Monday, February 3, 2020 - 3:19am | 487Read More...Amazon.com Inc. (NASDAQ: AMZN) chief executive officer Jeff Bezos is being sued by his girlfriend Lauren Sanchez's brother for defamation. What Happened Michael Sanchez, a Hollywood talent manager, on Friday filed a lawsuit in the Superior Court of California in Los Angeles, alleging that...
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Why Amazon's Earnings Report Was More Amazing Than You Think
Friday, January 31, 2020 - 11:06am | 841Read More...The Results On Thursday after-hours, Amazon.com, Inc. (NASDAQ: AMZN) soared more than +10% after reporting Q4 earnings. The rally put Amazon above the elite $1 trillion valuation threshold once again, a watermark shared by several other Titan portfolio companies. From the stock price...
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Amazon Blows Away Fourth-Quarter Earnings Estimates; Stock Soars After Hours
Friday, January 31, 2020 - 10:13am | 223Read More...Amazon.com, Inc. (NASDAQ: AMZN) late Thursday posted a 21% year-over-year increase in fourth-quarter 2019 revenue to $87.4 billion, and rang up a $12.9 billion shipping tab for the quarter, 43% higher than in the year-earlier quarter. But the big story was on the bottom line. Amazon posted net...
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Does UPS Have Too Much Amazon Business?
Friday, January 31, 2020 - 10:00am | 986Read More...UPS Inc. (NYSE: UPS) reported generally solid fourth-quarter operating results, though about $1.9 billion in charges for pension adjustments, network reconfiguration, and the settlement of a court fight with New York state over the alleged shipping of untaxed cigarettes weighed down its net income...
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Fuller To Forwarders: Adapt To Amazon Or Perish
Thursday, January 30, 2020 - 10:56am | 668Read More...International freight forwarders are going to face the same existential threat from Amazon.com, Inc. (NASDAQ: AMZN) and Uber Freight (NYSE: UBER) that domestic truck brokers are facing, FreightWaves founder and CEO Craig Fuller told a gathering of air logistics professionals here. The war is being...
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Tough Lead-In: Virus Fears Crush Hong Kong Stocks Overnight, Putting Pressure On US
Thursday, January 30, 2020 - 10:48am | 2212Read More...More coronavirus cases and deaths in China helped send Hong Kong shares down 2.6% overnight, and that’s a tough lead-in for U.S. markets today. Amazon.com, Inc. (NASDAQ: AMZN) reports after the close and we’re still digesting some other key earnings releases. Normally that...
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Amazon To Offer Hot Food, Espresso, Fountain Soda In California Convenience Store
Wednesday, January 29, 2020 - 11:04pm | 408Read More...Amazon.com Inc. (NASDAQ: AMZN) is planning to increase the food and beverage options at one of its brick and mortar stores in California. What Happened The e-commerce giant will offer hot food, espresso, and fountain sodas in its 300 California Street Amazon Go store in San Francisco, it told...
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The Three "Cs" Of Amazon Earnings: Consumers, Cloud, And Competitors
Wednesday, January 29, 2020 - 11:46am | 1439Read More...Amazon.com, Inc. (NASDAQ: AMZN) had a tough outing its last time out. Will Q4 mark a turnaround? Regardless of the results when the company reports earnings Thursday afternoon, it’s clear AMZN has come a long way since starting as an online bookstore in the mid-1990s. In addition to...
















