BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Texas Pushes the Tax Envelope at Amazon]]>http://www.bloggingstocks.com/2010/10/25/texas-pushes-the-tax-envelope-at-amazon/http://www.bloggingstocks.com/2010/10/25/texas-pushes-the-tax-envelope-at-amazon/http://www.bloggingstocks.com/2010/10/25/texas-pushes-the-tax-envelope-at-amazon/#commentsFiled under: , , , ,

Of the many things clouding the equities event horizon, one of the ugliest for investors may be internet retail taxation. A recent tax bill in the amount of $269 million, sent by the state of Texas to Amazon (AMZN) stands as testament to that looming ugliness.

Amazon claims that because technically its distribution activities are headquartered in Kentucky rather than Texas, it owes no retail sales tax to the armadillo state. So, the gauntlet has been thrown down and the challenge accepted.

Continue reading Texas Pushes the Tax Envelope at Amazon

Texas Pushes the Tax Envelope at Amazon originally appeared on BloggingStocks on Mon, 25 Oct 2010 14:00:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>amzndistribution centerebayInternet retailinternet retailersinternet retailinginthenewsnexussales taxsales taxesTexasMon, 25 Oct 2010 14:00:00 EST<![CDATA[eBay Still a Buy After Earnings Report?]]>http://www.bloggingstocks.com/2010/10/20/ebay-still-a-buy-after-earnings-report/http://www.bloggingstocks.com/2010/10/20/ebay-still-a-buy-after-earnings-report/http://www.bloggingstocks.com/2010/10/20/ebay-still-a-buy-after-earnings-report/#commentsFiled under: , , , , ,

Trading volume is brisk and share price is up, just hours ahead of today's Q3 earnings release expected from eBay (EBAY). The earnings call is scheduled for just after today's close, with company guidance suggesting a result of 37 cents per share on revenue of $2.18 billion. Those numbers are slightly off previous year Q3 results of 38 cents per share on revenue of $2.24 billion.

My question is, will eBay still be a buy after the coming earnings release? My answer is, absolutely.

Continue reading eBay Still a Buy After Earnings Report?

eBay Still a Buy After Earnings Report? originally appeared on BloggingStocks on Wed, 20 Oct 2010 15:30:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>buyerfeaturedinternet auctionsInternet retailinternet retailersinternet retailinginthenewsmerchandisingonline shoppingsellerWed, 20 Oct 2010 15:30:00 EST<![CDATA[Walmart Won't Dominate Internet Retailing like Amazon.com Does]]>http://www.bloggingstocks.com/2009/12/17/walmart-wont-dominate-internet-retailing-like-amazon-com-does/http://www.bloggingstocks.com/2009/12/17/walmart-wont-dominate-internet-retailing-like-amazon-com-does/http://www.bloggingstocks.com/2009/12/17/walmart-wont-dominate-internet-retailing-like-amazon-com-does/#commentsFiled under: ,

It's quite a statement to say that one retailer will rule the entire online retail world, but that's just what retailing behemoth Walmart (WMT) has tried to say (and failed to accomplish) in recent years.

Internet retailer Amazon.com (AMZN) has blown away every other online retailer in terms of sales, product breadth and customer service. Why can't the brick-and-mortar folks keep up? As usual, the first-to-market is ruling the landscape. Amazon.com won't be toppled by Walmart in online sales ever, no matter how much money the world's largest physical retailer pours into its online operations.

Continue reading Walmart Won't Dominate Internet Retailing like Amazon.com Does

Walmart Won't Dominate Internet Retailing like Amazon.com Does originally appeared on BloggingStocks on Thu, 17 Dec 2009 12:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Amazon.comAMZNinternet retailinternet retailinginthenewsWal-MartWal-Mart AmazonWalmartWMTThu, 17 Dec 2009 12:30:00 EST<![CDATA[Amazon outlook disappoints investors]]>http://www.bloggingstocks.com/2008/04/23/amazon-outlook-disappoints-investors/http://www.bloggingstocks.com/2008/04/23/amazon-outlook-disappoints-investors/http://www.bloggingstocks.com/2008/04/23/amazon-outlook-disappoints-investors/#commentsFiled under: , , ,

Amazon.com Inc. (NASDAQ: AMZN) said first quarter profit rose 30% driven by strong sales across the board. .

Amazon shares slumped in after-hours trading after the company lowered its operating income forecast for the year.

Net income at Amazon rose to $143 million in the first quarter, or 34 cents per share, from $111 million, 26 cents, a year earlier. Sales increased 37% to $4.13 billion. The results beat the views of Wall Street analysts who had expected a profit of 32 cents on revenue of $4.08 billion.

Amazon expects second quarter sales to be between $3.875 billion and $4.075 billion on operating income of $120 million and $160 million. For the year, the Seattle-based e-tailer is forecasting net sales of $19.1 billion to $20 billion on operating income of between $740 million and $940 million. Earlier this year, the company had forecasted operating income of $985 million, according to Bloomberg News. The operating income guidance was wide enough to drive an 18-wheeler through.

Once again, Amazon has left investors up the creek -- or river -- without a paddle.

Amazon outlook disappoints investors originally appeared on BloggingStocks on Wed, 23 Apr 2008 17:17:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>amznfeaturedInternetinternet retailinternet retailingInternetRetailInternetRetailingjeff bezosJeffBezosWed, 23 Apr 2008 17:17:00 EST<![CDATA[Amazon posts strong quarter (update)]]>http://www.bloggingstocks.com/2008/01/30/amazon-posts-strong-quarter/http://www.bloggingstocks.com/2008/01/30/amazon-posts-strong-quarter/http://www.bloggingstocks.com/2008/01/30/amazon-posts-strong-quarter/#commentsFiled under: , ,

Amazon.com Inc. (NASDAQ: AMZN) today posted a stronger-than-expected fourth quarter and gave bullish guidance for sales. However, the company's forecast for full-year operating income of $785 million and $985 million, below the Bloomberg forecast of $1.18 billion. Shares of the largest Internet retailer, which doubled last year, soared fell in after-hours trading.

Net income increased 112% to $207 million, or 48 cents per share, compared with $98 million, or 23 cents, a year earlier. Sales rose 42% to $5.67 billion in the fourth quarter, helped by strong growth outside the U.S. Analysts had expected profit of 48 cents on revenue of $5.37 billion.

"In our view, these unusual financial results are driven by one thing: continuously improving the customer experience," said Chief Executive Jeff Bezos in the earnings release.

The Seattle-based company issued guidance for revenue in the first quarter of between $3.95 billion and $4.15 billion with operating income of between $155 million to $200 million. For the year, Amazon expects sales of $18.75 billion to $19.75 billion with operating income of $785 million to $985 million. Analysts are expecting quarterly sales of $3.92 billion and $14.52 billion for the year.

Amazon posts strong quarter (update) originally appeared on BloggingStocks on Wed, 30 Jan 2008 16:32:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>amznetailinternet retailInternetRetailinthenewsjeff bezosJeffBezosWed, 30 Jan 2008 16:32:00 EST<![CDATA[What should eBay do now?]]>http://www.bloggingstocks.com/2007/06/29/what-should-ebay-do-now/http://www.bloggingstocks.com/2007/06/29/what-should-ebay-do-now/http://www.bloggingstocks.com/2007/06/29/what-should-ebay-do-now/#commentsFiled under: , , , , ,

You probably wouldn't believe just how much I think about eBay Inc. (NASDAQ: EBAY). You could say I'm obsessed with the company and you'd be right but it's more than just a fixation for me. It's as if eBay has taken up a part of my very being. I spend several hours a day thinking about ways to improve that company. People think I hate eBay because I express disdain for the current management profile over there. I don't hate eBay. I dislike the way it's being run, all the while maintaining that eBay is my baby.

There are some wild and outlandish things that I think eBay could do in pursuit of reestablishing its growth cycle. You see, like it or not, eBay is slowing down. Personally I'm not surprised by that but I think this stalling phase has come upon eBay much too early. Yes, eBay is stalling way too early ... early by a decade.

Continue reading What should eBay do now?

What should eBay do now? originally appeared on BloggingStocks on Fri, 29 Jun 2007 18:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>BloggingStockseBayInternet RetailInternetRetailMeg WhitmanMegWhitmanonline auctionOnlineAuctionFri, 29 Jun 2007 18:00:00 EST<![CDATA[Online retail spending set to explode even further]]>http://www.bloggingstocks.com/2007/05/25/online-retail-spending-set-to-explode-even-further/http://www.bloggingstocks.com/2007/05/25/online-retail-spending-set-to-explode-even-further/http://www.bloggingstocks.com/2007/05/25/online-retail-spending-set-to-explode-even-further/#commentsFiled under: , ,

Gone are the days of holiday shopping in crowded malls and retail stores, it's all about point-n-click these days. Well, at least somewhat. With there still only being 24 hours in a single day and more stuff than ever to keep us all busy, online shopping is turning into a mainstream mode of buying products and services for people globally. Online shopping has been around for a while, you might say. You're right but in Britain, online shopping is expected to explode even further, tripling by 2011 according to a new survey.

Will that prediction come true in the U.S.?

Hard to tell, but online spending is speeding up by all measurements. Although the social aspect of shopping in person has quite a bit of weight behind it, online shopping is more conducive to the "time" variable these days since we have less of it than ever before. There are some retail purchases that will always require a personal visit -- but for quite a bit of shopping, nothing beats the convenience (and sales tax avoidance, if that's your thing) of online shopping.

One area that still has not taken off in the U.S. is food retailing over the web. Sure, you can buy quite a few items from Amazon's grocery section, but the experience is nothing like grocery shopping in person and fresh items like produce and meat aren't offered. Once that can be duplicated and the logistics can work -- which is a COO's nightmare -- nationwide online grocery shopping may become a reality. In my world, that's one of the last bastions left standing right now that still has not been fully attacked.

Online retail spending set to explode even further originally appeared on BloggingStocks on Fri, 25 May 2007 10:45:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>e-tailingInternet retailInternetRetailonline spendingOnlineSpendingretail spendingRetailSpendingFri, 25 May 2007 10:45:00 EST