Key Developments: Amazon.com Inc (AMZN.O)

AMZN.O on Nasdaq

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Latest Key Developments (Source: Significant Developments)

Amazon.com Inc opens five fulfillment centres-Business Standard
Monday, 28 Jul 2014 05:12am EDT 

Amazon.com Inc:Said it has opened five fulfillment centres in Indian-Business Standard.The centres are located at Delhi, Chennai, Jaipur, Ahmedabad, Tauru.The Fulfillment Center in Chennai is already operational and the remaining four FCs will be operational next month.  Full Article

Amazon.com Inc gives Q3 2014 guidance in line with analysts' estimates
Thursday, 24 Jul 2014 04:25pm EDT 

Amazon.com Inc:Expects Q3 2014 net sales to be between $19.7 and $21.5 billion.Expects Q3 2014 operating loss to be between $810 and $410 million.Q3 2014 revenue of $20.8 bln - Thomson Reuters I/B/E/S.  Full Article

Amazon.com Inc introduces Fire, First Smartphone
Wednesday, 18 Jun 2014 02:53pm EDT 

Amazon.com Inc:Unveiled Fire, first smartphone designed by Amazon.Fire is the only smartphone with Dynamic Perspective and Firefly, two new technologies.  Full Article

Amazon.com Inc gives Q2 2014 guidance; EBIT guidance below analysts' estimates
Thursday, 24 Apr 2014 04:07pm EDT 

Amazon.com Inc:Expects Q2 2014 net sales to be between $18.1 bln and $19.8 bln.Expects Q2 2014 operating income (loss)(EBIT) to be between $(455) mln and $(55) mln.Q2 2014 revenue of $19.1 bln and EBIT of $201 mln - Thomson Reuters I/B/E/S.  Full Article

Amazon.com and HBO ink exclusive multi-year deal to bring HBO programming to prime members
Wednesday, 23 Apr 2014 09:00am EDT 

Amazon.com Inc:Enters a content licensing agreement with HBO, making Prime Instant Video the exclusive online-only subscription home for select HBO programming.  Full Article

Amazon.com to acquire comiXology
Thursday, 10 Apr 2014 04:01pm EDT 

Amazon.com Inc:Reachs agreement to acquire comiXology.Terms of acquisition were not disclosed.Acquisition is expected to close in second quarter of 2014.  Full Article

Marathon Patent Group Inc's Sampo IP files patent infringement lawsuits against Amazon.com Inc
Monday, 10 Feb 2014 09:16am EST 

Marathon Patent Group Inc:Says its wholly-owned subsidiary Sampo IP, LLC, has filed patent infringement lawsuits in the United States District Court of Delaware against Amazon.com Inc.Says Sampo is asserting infringement related to U.S. Patent number 8,015,495 each entitled Centrifugal Communication and Collaboration Method against Amazon.com Inc.The lawsuit alleges that the Defendant have infringed, and continue to infringe, the claims of the patents in suit by using the accused communications systems and methods covered by the claims of the asserted patents.  Full Article

Amazon.com Inc gives Q1 2014 guidance; EBIT guidance below analysts' estimates
Thursday, 30 Jan 2014 04:05pm EST 

Amazon.com Inc:Expects first quarter 2014 net sales to be between $18.2 billion and $19.9 billion.Expects operating income (loss) (EBIT) to be between $(200) million and $200 million.Says this guidance includes about $350 million for stock-based compensation and amortization of intangible assets.First quarter 2014 revenue of $19.7 billion - Thomson Reuters I/B/E/S.First quarter 2014 EBIT of $376 million - Thomson Reuters I/B/E/S.  Full Article

Amazon.com Inc workers set to go on strike-Reuters
Sunday, 15 Dec 2013 11:00pm EST 

Amazon.com Inc:Workers at its German operations were set to go on strike on Monday, in the middle of the crucial Christmas holiday season, in a dispute over pay that has been raging for months-Reuters.The Verdi union said workers would strike in Amazon's logistic centres in Bad Hersfeld and Leipzig and, for the first time, in Graben.A delegation of German workers will also protest at Amazon's headquarters in Seattle, helped by U.S. workers unions.On Tuesday, workers in Amazon's centre in the German town of Werne will protest, Verdi said.  Full Article

Telecom Italia SpA signs agreement with Amazon.com Inc to deliver Amazon Mobile App and Kindle for Android App to TIM customers
Tuesday, 3 Dec 2013 07:00pm EST 

Telecom Italia SpA:Says it signed an agreement with Amazon.com Inc aimed at giving Amazon Mobile App and Kindle for Android App preloaded on TIM devices to their customers, starting from end of 2013.Says thanks to this collaboration, TIM Customers will benefit from the easy access to mobile shopping, a reading experience on their TIM devices, easy access to Amazon’s selection, and services.Says this partnership aims at favoring a better integration of e-commerce and mobile services especially relevant in the Italian market.  Full Article

Indian e-tailer Flipkart raises $1 billion in funding

MUMBAI, July 29 - Flipkart, India's largest e-tailer, said on Tuesday it raised a fresh round of funding worth $1 billion as it tries to aggressively scale up after Amazon.com Inc's rapid expansion in the country has heated up competition.

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