Last week, Amazon.com (NADAQ: AMZN) struck its biggest transaction: agreeing to exchanged 10 million of its shares for Zappos.com, a top online retailer of shoes and other apparel items (the price tag was $800+ million).
Because of the size of the deal, Amazon.com had to file a regulatory document called an S-4 form. While there is lots of legal and technical mumbo-jumbo, there are still some interesting details about the transaction.
Zappos posts
FeedBehind the scenes on Amazon's deal for Zappos.com
Continue reading Behind the scenes on Amazon's deal for Zappos.com
Amazon sells off sharply on second quarter numbers
Shares of e-commerce giant Amazon.com, Inc. (NASDAQ: AMZN) are selling off sharply this afternoon after disappointing Wall Street with its second quarter numbers.This afternoon's results shows the company posting a 10% drop in quarterly net profit, as the company was hit by an unfavorable foreign currency translation and legal expenses related to its recent $51 million Toys R Us settlement.
Continue reading Amazon sells off sharply on second quarter numbers
Closing Bell: When Bears Dial 9-1-1 (AMZN, F, MCD, MCO, WYNN)
The DJIA went above 9,000 today. The NASDAQ posted its twelfth consecutive rise. Existing home sales showed a gain and the massive army of the jobless got smaller again. Earnings came on strong, and only the short sellers weren't happy at the end of the day. Here are today's unofficial closing bell levels:
Dow 9,069.29 +188.03 (2.12%)
S&P 500 976.29 +22.22 (2.33%)
Nasdaq 1,973.60 +47.22 (2.45%)
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Continue reading Closing Bell: When Bears Dial 9-1-1 (AMZN, F, MCD, MCO, WYNN)
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