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Amazon.com Inc (AMZN.O)

AMZN.O on Nasdaq

5 Dec 2016
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$19.02 (+2.57%)
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Latest Key Developments (Source: Significant Developments)

Netflix and Amazon's streaming could be forced to devote "at least" 20 percent of catalogues to european films and tv shows- FT
Wednesday, 18 May 2016 02:50pm EDT 

: Netflix and Amazon's streaming could be forced to devote "at least" 20 pct of catalogues to european films and tv shows-FT, citing EU proposal draft Source (http://on.ft.com/1NyJqDt) (Bengaluru Newsroom) (((+91 80 6749-1130; within U.S. +1 646 223 8780);)).  Full Article

Amazon to roll out private-label products in coming weeks- CNBC
Sunday, 15 May 2016 05:23pm EDT 

: Amazon to roll out private label products in coming weeks including branded nuts, spices, tea, coffee, baby food, diapers, detergents-CNBC,citing DJ . Label products, its first big push into perishable foods, will be available only to prime subscribers - CNBC,citing DJ (Bengaluru Newsroom) (((+91 80 6749-1130; within U.S. +1 646 223 8780);)).  Full Article

Sprint says is including 12-month Amazon Prime membership with Amazon Better Choice XXL plan
Friday, 13 May 2016 09:00am EDT 

Sprint Corp :Beginning Friday, Sprint is including a 12-month Amazon prime membership with Amazon Better Choice XXL plan.  Full Article

Amazon.com introduces Handmade At Amazon
Thursday, 12 May 2016 06:00am EDT 

Amazon.com Inc :Handmade at Amazon has introduced new product categories of handmade items including accessories, baby and toys & games.  Full Article

Amazon announces Amazon Video Direct
Tuesday, 10 May 2016 09:00am EDT 

Amazon : Announces Amazon Video Direct, Giving Video Providers A Self-Service program to reach amazon customers, including tens of millions of prime members . Amazon video direct available as an add-on subscription through streaming partners program . Creators from around world can make their videos available to customers as part of prime video and earn royalties based on hours streamed . Amazon video direct offered as a one-time rental price or a one-time purchase price . Customers in u.s., uk, germany, austria, japan have access to new movies, tv shows, docu-series and music videos from content creators . Launch of avd stars program, which gives video creators a share of one million dollars per month based on customer engagement with their title .Will distribute to creators a monthly bonus from one million dollar monthly fund, based on top 100 avd titles in prime video.  Full Article

Tyson Foods CEO on conf call- "good cattle supply around us, looks like that will continue through the rest of summer"
Monday, 9 May 2016 10:00am EDT 

Tyson Foods Inc : CEO on conf call- "In the macro environment, consumer sentiment is strong and disposable personal income continues to rise" . CEO - Economic optimism is driving growth in the fresh department, attractive fresh meat and poultry pricing also helping . CEO - To launch a line of chef-inspired meal kits on amazon fresh this fall . CEO - "Feel real good about volume growth in the back half of our year in chicken" . CEO - "Got what looks like good supply of hogs coming our way...got good supply of cattle coming our way it looks like in 2017" . CEO - "Done a very good job of utilizing price discovery mechanisms to take a lot of grain volatility out of our business" . CEO - "Good cattle supply around us, looks like that will continue on through the rest of the summer" . Ceo - Hard to say when white meat exports will resume to china . CEO - "As we look at the (M&A) landscape, no need for us to push into a deal that doesn't fit us strategically...we continue to look" Further company coverage: [TSN.N] (Bengaluru Newsroom: +1 646 223 8780).  Full Article

Amazon.com Inc gives Q2 2016 guidance
Thursday, 28 Apr 2016 04:01pm EDT 

Amazon.com Inc:Sees Q2 2016 Net sales are expected to be between $28.0 billion and $30.5 billion.Sees Q2 2016 Operating income is expected to be between $375 million and $975 million.  Full Article

Amazon.com Inc - Long-stalled email privacy bill advances in Congress - Reuters News
Wednesday, 13 Apr 2016 05:24pm EDT 

Amazon.com Inc:Legislation that would require law enforcement to obtain a search warrant before asking technology companies to hand over old emails unanimously moved forward in the U.S. House of Representatives on Wednesday, notching a long-awaited win for technology companies and digital privacy advocates.The House Judiciary Committee voted 28-0 to approve the Email Privacy Act, which would update a decades-old law to mandate federal authorities get a warrant to access emails or other digital communications that are more than 180 days old.Currently, law enforcement and civil agencies can ask a service provider to turn over such aged private communications with only a subpoena, which is subject to less judicial oversight than a warrant.House Majority Leader Kevin McCarthy said he planned to bring the bill to a full vote the week of April 25, boosting its chances to become law this year.If the bill passes the House as expected, it will head to a gridlocked Senate, where more than a quarter of the lawmakers, including No. 2 Republican John Cornyn, has endorsed similar legislation.The bill requires a warrant to be given only to the email provider.That change and others prompted ire from a coalition of more than 50 civil liberties groups, trade associations and technology companies, including Amazon, Microsoft and Facebook.  Full Article

Amazon.com Inc - Amazon German warehouse workers start fresh strike in pay row - Reuters News
Monday, 21 Mar 2016 01:30pm EDT 

Amazon.com Inc:Workers at an Amazon.com AMZN.O warehouse in Germany are starting a new round of strikes in an attempt to pressure the U.S. online retailer to increase pay. - RTRS.The walkout by workers at the warehouse in Koblenz, western Germany, began on Monday night and is due to run until the end of the night shift on Wednesday, March 23, union Verdi said in a statement.Verdi has organised frequent strikes at Amazon warehouses across Germany since May 2013 as it seeks to force the retailer to raise pay for warehouse workers in accordance with collective bargaining agreements in Germany's mail order and retail sector.The most recent strikes in Germany, Amazon's second-biggest market behind the United States, were held in the run-up to Christmas.  Full Article

Amazon.com Inc and eBay to be held liable for VAT fraud by sellers - theguardian
Thursday, 17 Mar 2016 11:21am EDT 

Amazon.com Inc:Amazon and eBay are to be held liable, in some cases, for VAT fraud committed by a growing army of overseas sellers using their websites and costing Britain hundreds of millions of pounds a year in lost tax receipts. - theguardian.The chancellor is giving tax inspectors new powers to warn high-risk overseas sellers active in the UK through eBay and Amazon.If, after those warnings, sellers do not correctly collect VAT within 30 days, eBay and Amazon can be held liable for the missing tax.The Treasury estimates this measure will recoup £875m in lost VAT receipts over the next four years, though it is not expected to halt tax fraud altogether.The total cost to the taxpayer of this abuse was officially estimated at £1bn to £1.5bn a year.The chancellor's crackdown comes four months after a Guardian investigation exposed widespread VAT fraud by sellers using the two websites.Last Christmas alone, the Guardian estimated that last Christmas alone that Treasury coffers lost tens of millions of pounds to VAT evasion as a growing number of non-EU sellers, including hundreds from China, dominated sales of popular gifts on Amazon and eBay.In Wednesday's budget speech , George Osborne acknowledged there had been a big rise in overseas suppliers storing goods in Britain and selling them online without paying VAT.  Full Article


Amazon opens line-free grocery store in challenge to supermarkets

Amazon.com Inc said on Monday it has opened a brick-and-mortar grocery store in Seattle without lines or checkout counters, kicking off new competition with supermarket chains.