Key Developments: Inc (AMZN.O)

AMZN.O on Nasdaq

17 Apr 2014
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Latest Key Developments (Source: Significant Developments) to acquire comiXology
Thursday, 10 Apr 2014 04:01pm EDT 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 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 Inc.Says Sampo is asserting infringement related to U.S. Patent number 8,015,495 each entitled Centrifugal Communication and Collaboration Method against 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 Inc gives Q1 2014 guidance; EBIT guidance below analysts' estimates
Thursday, 30 Jan 2014 04:05pm EST 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 Inc workers set to go on strike-Reuters
Sunday, 15 Dec 2013 11:00pm EST 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 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 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 Inc Announces Exclusive Content Agreement
Thursday, 21 Nov 2013 09:00am EST Inc announced an exclusive content licensing agreement with new film studio A24, known for cutting-edge commercial hits such as Spring Breakers and The Bling Ring. This groundbreaking multi-year agreement makes Prime Instant Video the exclusive premium subscription home for all of the current and forthcoming A24 titles shortly following their release on DVD and Blu-Ray.  Full Article Inc Workers Strike In Germany-Reuters
Tuesday, 29 Oct 2013 08:20am EDT 

Reuters reported that Workers at two Inc's distribution centres in Germany went on strike again on Tuesday over pay and conditions. Services trade union Verdi called a one-day strike at Amazon centres in Leipzig and Bad Hersfeld after workers in Leipzig had already walked off the job on Monday. Amazon said deliveries were unaffected as most employees continued to work.  Full Article Inc Issues Q4 2013 Guidance; EBIT Guidance Below Analysts' Estimates
Thursday, 24 Oct 2013 04:05pm EDT Inc announced that for the fourth quarter of 2013, it expects net sales to be between $23.5 billion and $26.5 billion and operating income (loss) (EBIT) to be between $(500) million and $500 million. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $25.0 billion and EBIT of $567 million for the fourth quarter of 2013.  Full Article Inc to Acquire TenMarks
Thursday, 10 Oct 2013 04:00pm EDT Inc announced that it has reached an agreement to acquire TenMarks, a company that is helping teachers and parents deliver innovative mathematics curriculum to students across the country. Terms of the acquisition were not disclosed.  Full Article

US Court Rules For Inc In Central Intelligence Agency Cloud Contract Dispute Against International Business Machines Corp-Reuters
Monday, 7 Oct 2013 11:28pm EDT 

Reuters reported that a U.S. court ruled in favor of Inc which is locked in a dispute with International Business Machines Corp (IBM) over a $600 million cloud computing contract awarded by the Central Intelligence Agency (CIA), a court notice showed. Amazon Web Services (AWS), a unit of online retailer, beat out IBM earlier this year to win the CIA contract. When AWS won, IBM protested, triggering a report by the U.S. Government Accountability Office (GAO), which recommended in June that the CIA re-do some parts of its contract negotiations, giving IBM another chance to bid. But the GAO also stated that AWS's offering was superior. Amazon filed a legal complaint against GAO's recommendation that the CIA could give IBM another chance to bid for the contract. On October 07, 2013, oral arguments were held before Judge Thomas Wheeler of the U.S. Court of Federal Claims. At the end of the arguments, Wheeler ruled for Amazon and against IBM, which had intervened in the case. A written opinion will follow, according to a court notice.  Full Article


Amazon's tax-free European profits drop after IRS clamp-down

LONDON - The amount of money Inc reports through a tax-exempt vehicle in Europe has dropped sharply in the past two years, even as European sales jumped, after the U.S. tax authority tightened rules it felt were being abused to shift profits.

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