#455597934 / gettyimages.com Shares in Amazon Inc fell 11% in after-hours trading last night after the company reported a net loss of $437 million or 95c per share for the third quarter of 2014, up from $41 million or 9c per share for the same period last year. Net sales continued to grow, increasing 20% to $20.58 billion […]
Tag Archives | Wall Street
What Are You Worth to Twitter?
So Twitter’s first day on Wall Street has come to a close. For a company that has yet to make a profit, they couldn’t have asked for a better IPO, but starting today they will dance to a different tune of shareholder and analyst expectations. So what exactly is this value that investors scrambled to […]
Amazon Reports Sales Up 22%
Online giant Amazon is reporting a 22% increase in sales for the first quarter of 2013. In a report published yesterday the company reported sales increased to $16.07 billion. They also gave a breakdown of the company’s activities over the last quarter which is worth a quick read. Related articles Amazon beats earnings target as […]