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Amazon.com Inc (AMZN.O)

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Latest Key Developments (Source: Significant Developments)

Amazon to create more than 1,500 jobs in France this year
Monday, 20 Feb 2017 01:12am EST 

Amazon : Amazon expects its French staff numbers to increase to 5,500 from 4,000 this year . U.S. company announces creation of more than 1,500 'CDI' permanent contract jobs in France . France keen to reinforce its status as a major European business centre, in the wake of the UK's Brexit vote last year and given the forthcoming French presidential election in April and May ((sudip.kargupta@thomsonreuters.com; +33 1 49 49 53 84; Reuters Messaging: sudip.kargupta.thomsonreuters.com@reuters.net)).  Full Article

Snap Inc expects seasonality to have "stronger impact" on revenue as its business matures
Thursday, 9 Feb 2017 06:30am EST 

Snap Inc : Says the early stage of its ad business has resulted in "high rates" of revenue growth due to a low initial base, which has masked seasonality . Says most of its revenue growth to date driven by onboarding new advertisers, developing new ad products and delivery and measurement capabilities . Says in March 2016, entered into AWS Enterprise agreement for use of cloud services from Amazon Web Services Inc - SEC filing . Says 2016 Olympics provided one-time revenue opportunity in Q3 2016; says as business matures, seasonality to have stronger impact on revenue .Says under February 2017 addendum to AWS Enterprise agreement, company committed to spend $1.0 billion between January 2017 through December 2021 on AWS services.  Full Article

Amazon.com reports Q4 EPS $1.54
Thursday, 2 Feb 2017 04:01pm EST 

Amazon.Com Inc - : Announces fourth quarter sales up 22% to $43.7 billion . Q4 earnings per share $1.54 . Q4 sales $43.7 billion versus I/B/E/S view $44.68 billion . Sees Q1 sales $33.25 billion to $35.75 billion . Q4 earnings per share view $1.35 -- Thomson Reuters I/B/E/S . Qtrly North America net sales $26,240 million versus $21,501 million . Q4 international net sales $13,965 million versus $11,841 million . Q4 net product sales $30,629 million versus $26,618 million last year . Q1 operating income is expected to be between $250 million and $900 million . Q4 net service sales $13,112 million versus $9,129 million last year . Q4 worldwide shipping costs $5,634 million versus $4,170 million last year . Q4 Amazon Web Services net sales $3,536 million versus $2,405 million last year . Q1 revenue view $35.95 billion -- Thomson Reuters I/B/E/S . Q4 Amazon Web Services operating income $1,106 million versus $687 million last year .Q4 Amazon Web Services operating income after stock based compensation and other items $926 million versus $580 million.  Full Article

VMware posts Q4 gaap earnings per share $1.04
Thursday, 26 Jan 2017 04:15pm EST 

VMware Inc : License revenue for q4 was $887 million, an increase of 8% from q4 of 2015 . VMware reports fourth quarter and full year 2016 results . Q4 non-gaap earnings per share $1.43 . Q4 gaap earnings per share $1.04 . Q4 revenue $2.03 billion versus i/b/e/s view $1.99 billion . Q4 earnings per share view $1.39 -- Thomson Reuters I/B/E/S . VMware - board of directors has authorized repurchase of up to $1.2 billion of its class a common stock through end of fiscal 2018, ending on feb 2, 2018 .Co's new cloud service partnership with amazon web services announced in october 2016 will be available later in 2017.  Full Article

Kornit Digital signs agreement with Amazon
Wednesday, 11 Jan 2017 07:45am EST 

Kornit Digital Ltd : Kornit Digital signs agreement with Amazon . To grant Amazon warrants to acquire over a five-year period up to 2.9 million of Kornit Digital's common shares at $13.03 per share .Vesting is tied to payments made by Amazon in connection with purchase of goods and services from Kornit Digital.  Full Article

Amazon Prime Video India enters exclusive agreement with Xilam Animation
Tuesday, 10 Jan 2017 02:10am EST 

Amazon.com Inc : Amazon prime video India enters exclusive agreement with Xilam Animation to become its subscription partner for streaming several animated kids' series Further company coverage: [AMZN.O] (Gdynia Newsroom) ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;)).  Full Article

Amazon to expand again in Illinois with 1,000 full-time jobs
Tuesday, 20 Dec 2016 12:01am EST 

Amazon.Com Inc : Amazon to expand again in Illinois with two more fulfillment centers and 1,000 full-time jobs .Says company's presence grows to eight facilities and more than 7,000 full-time jobs in state.  Full Article

Amazon Web Services announces launch of AWS Canada (central) region
Thursday, 8 Dec 2016 01:33pm EST 

Amazon Web Services Inc: Amazon Web Services announced the launch of the AWS Canada (central) region Further company coverage: [AMZN.O] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Costco on conf call- 1 pct rise in reported comp sales due to an avg shopping frequency increase of 2.2 pct
Wednesday, 7 Dec 2016 06:25pm EST 

Costco Wholesale Corp : CFO - within fresh foods, produce and deli were the strongest departments . CFO - majority of core US margin increase in Q1 was due to higher year-over-year revenue share and bounty from the new citi visa card . CFO - improving online offerings, adding more exciting high-end brand-new merchandise and improve functionality of site and search . CFO - have shortened the online checkout process and improved member's ability to track their orders "something we weren't terribly good at" . CFO on Amazon Go- "There is a lot of other brick and mortars that that my guess would be far more impacted than us on that but we'll have to wait and see" . Q1 profits from gas were lower by about $20 million this year, primarily due to last year's very strong profit results . On conf call- 1 percent rise in reported comp sales due to an average shopping frequency increase of 2.2% . CFO - " in recent months we've seen additional deflation overall, low to mid-single digit rate in food and food and fresh meat and a little more in some nonfood areas like electronics" . CFO - estimate the percentage of goods imported by costco from overseas is in the mid-20s as a percentage of sales Further company coverage: [COST.O] ((bangalore.newsroom@thomsonreuters.com;)).  Full Article

Amazon Web Services and Salesforce extend global strategic alliance
Friday, 2 Dec 2016 08:08am EST 

Salesforce.com Inc : Amazon Web Services and Salesforce extend global strategic alliance . Canada will be the first new AWS region supported in Salesforce's planned international infrastructure expansion on AWS . customers to be able to use core service delivered on AWS cloud infrastructure in Canada, with general availability expected in mid-2017 .cos to deliver integrations connecting co's platform with Amazon AppStream 2.0, AWS IoT, Amazon Redshift, Alexa and Amazon Virtual Private Cloud.  Full Article

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