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Amazon shares climb analyst says stock helped by oil drop new Kindle rumor: related news

Amazon shares climb; analyst says stock helped by oil drop, new Kindle rumor

NEW YORK (AP) - Shares of online retailer Amazon.com Inc. rose Wednesday — a climb one analyst attributed to a drop in oil prices and rumors that a new version of the company's e-reader device, Kindle, will be released in the fall.

Liberty Alliance Announces 1 for 3.5 Reverse Stock Split and Name Change

SHENZHEN, China, July 18 /Xinhua-PRNewswire/ -- Liberty Alliance, Inc. (OTC Bulletin Board: LBTI) announced today that the Company's board of directors and stockholders approved a 1-for-3.5 reverse stock split of the Company's outstanding common stock and a name change to SinoHub, Inc. As a result of the reverse stock split, every 3.5 shares of the Company's common stock will be combined into one share of the Company's common stock. The reverse stock split affects all shares of common stock and stock options of the Company outstanding as of immediately prior to the effective time of the reverse stock split. The number of shares of the Company's common stock currently outstanding is approximately 70 million prior to the reverse stock split and will be reduced to approximately 20 million after the reverse stock split.

China In-Focus: Liberty Alliance Completes Reverse Stock Split, Changes Name

July 18, 2008 (FinancialWire) The board of directors and stockholders of Liberty Alliance Inc. (OTCBB: SIHI) (Current Market Cap. US$63.00 Mil.) have approved a 1-for-3.5 reverse stock split of the company's outstanding common stock and a name change to SinoHub Inc. The company s symbols also changed; SinoHub previously traded with the symbol LBTI. As a result of the reverse stock split, every 3.5 shares of the company's common stock will be combined into one share of the company's common stock. The reverse stock split affects all shares of common stock and stock options of the company outstanding as of immediately prior to the effective time of the reverse stock split. The number of shares of the company's common stock currently outstanding is approximately 70 million prior to the reverse stock split and will be reduced to approximately

Amazon.com (AMZN) NewsBite - Amazon.com Plunges on OSTK Downgrade

Amazon.com Inc. (AMZN) opened at 69.94. So far today, the stock has hit a low of 68.89 and a high of 70.84. AMZN is now trading at 68.97, down 3.14 (-4.49%). The stock hit its 52 week high of 101.09 in October and set its 52 week low of 61.20 in March. AMZN has been slipping for most of the past year. Shares of Amazon.com have been plunging today with other online discount retailers dragged down by rival Overstock.com Inc. (OSTK) whose shares lost over 37% after a Stifel Nicolaus & Co. analyst downgraded the stock to "Sell" from "Neutral," warning the company's revenue growth may drop by 2009. Technical indicators for the stock are bearish and steady while S&P gives AMZN a neutral 3 STARS (out of 5) hold rating. If you’re looking for a hedged play on this stock, consider an August bear-call credit spread above the $90 range.

Amazon shares jump as lower oil lifts market

NEW YORK (AP) - Shares of online retailer Amazon.com Inc. rose Wednesday — a climb one analyst attributed to a drop in oil prices and rumors that a new version of the company's e-reader device, Kindle, will be released in the fall.

Amazon shares jump as lower oil lifts market

NEW YORK (AP) -- Shares of online retailer Amazon.com Inc. rose Wednesday -- a climb one analyst attributed to a drop in oil prices and rumors that a new version of the company's e-reader device, Kindle, will be released in the fall.

Taiwan Stock Exchange Corporation to Change Company Initials, Domain Name From Aug....

Taiwan Stock Exchange Corporation to Change Company Initials, Domain Name From Aug. 11 TAIPEI, Taiwan--(Business Wire)-- The Taiwan Stock Exchange Corporation will change its company name initials from TSEC to TWSE and its domain name from tse.com.tw to twse.com.tw, from Aug. 11, 2008. In addition, the Taiwan Stock Exchange Corporation's Web site address will be changed to www.twse.com.tw. The Taiwan Stock Exchange Corporation said that its current initials are easily mistaken for the Tokyo Stock Exchange, the Stock Exchange of Thailand, the Toronto Stock Exchange or the Tel Aviv Stock Exchange. The use of TSEC has therefore caused the Taiwan Stock Exchange Corporation difficulty in its globalization efforts, it explained. To avoid such confusion, the Taiwan Stock Exchange Corporation has decided to change its initials, domain name, and W

Major Internet stocks climb, Amazon shares jump, aided by upbeat analyst comments

NEW YORK (AP) _ Major Internet stocks rose Monday, with Amazon.com Inc. shares rising after some positive analyst notes, including one saying sales of the online retailer's e-book reader Kindle seem to be "much stronger than expected."

Citigroup Analyst Switches Gears, Hypes Amazon's Kindle As 'iPod Of The Book World'

Citigroup’s Mark Mahaney has upped his original estimate of Amazon (NSDQ: AMZN) Kindle sales, forecasting 380,000 units sold in 2008. That’s double the 190,000 he forecast earlier for Kindle’s debut year. Now, via Reuters, Mahaney is telling clients the electronic book could be one of the hottest gifts of the holiday season—along with the iPhone—and compares it to the first year of iPod sales: “Turns out the Kindle is becoming the iPod of the book world.” He’s also upped his revenue estimate for Kindle and related items to $1 billion by 2010, up from $400-750 million. This no doubt will drive the fashionably dismissive bunch nut. Ditto for the “how-dare-you” set when it comes to comparing the clunky Kindle to the oh-so-sleek iPhone.

EntreMed receives new patent for 2-Methoxyestradiol analogs

Add our medical news to digg - EntreMed receives new patent for 2-Methoxyestradiol analogs Add our medical news to NewsVine - EntreMed receives new patent for 2-Methoxyestradiol analogs Add our medical news to Fark - EntreMed receives new patent for 2-Methoxyestradiol analogs Add our medical news to Furl - EntreMed receives new patent for 2-Methoxyestradiol analogs Add our medical news to Shadows - EntreMed receives new patent for 2-Methoxyestradiol analogs Add our medical news to YahooMyWeb - EntreMed receives new patent for 2-Methoxyestradiol analogs Add our medical news to Reddit -EntreMed receives new patent for 2-Methoxyestradiol analogs Add our medical news to StumbleUpon - EntreMed receives new patent for 2-Methoxyestradiol analogs Add our medical news to Facebook - EntreMed receives new patent for 2-Methoxyestradiol analogs

Nanomaterials key to new strategies for blocking metastasis

Add our medical news to digg - Nanomaterials key to new strategies for blocking metastasis Add our medical news to NewsVine - Nanomaterials key to new strategies for blocking metastasis Add our medical news to Fark - Nanomaterials key to new strategies for blocking metastasis Add our medical news to Furl - Nanomaterials key to new strategies for blocking metastasis Add our medical news to Shadows - Nanomaterials key to new strategies for blocking metastasis Add our medical news to YahooMyWeb - Nanomaterials key to new strategies for blocking metastasis Add our medical news to Reddit -Nanomaterials key to new strategies for blocking metastasis Add our medical news to StumbleUpon - Nanomaterials key to new strategies for blocking metastasis Add our medical news to Facebook - Nanomaterials key to new strategies for blocking metastasis

Next Amazon Kindle due fall, to echo iPod route?

Amazon's next edition of the Kindle could arrive as early as this fall, says a purported insider. Speaking to CrunchGear, the tipster contradicts Amazon founder Jeff Bezos' claims that there would be no update soon and instead says Amazon will take an approach like that taken by Apple with the iPod mini: the new core model will be smaller but with the same functionality as the earlier version and will ship in multiple colors, with goals being equally to reduce the price as well as to appeal to a younger audience.

Amazon Preps Kindle 2.0 for October Launch, say Reports

We might be seeing two new versions of Amazon.com's e-reader, the Kindle, just in time for the holiday season. The new devices are reportedly aimed at younger readers, which may mean a lower price point, the current Kindle sell for $359.00. A source has told TechCrunch that Amazon will update its current version of the Kindle with a smaller unit that has the same size screen and improved interface. The source suggested that this newer version is a significant jump in design, and is akin to three or four different generations of Apple's iPod in just one update.

Amazon gets lift as analyst likens Kindle to iPod's early days

SAN FRANCISCO (MarketWatch) -- Shares of Amazon.com got a strong boost Monday after an analyst for Citigroup doubled his sales projection for the company's new electronic book reading device, known as the Kindle.

Major Internet stocks climb, Amazon shares jump

NEW YORK (AP) - Major Internet stocks rose Monday afternoon, with Amazon.com Inc. shares rising after some positive analyst notes, including one saying sales of the online retailer's e-book reader Kindle seem to be "much stronger than expected."

TiVo and Amazon team up to make shopping on the couch even easier

amazon tivo TiVo and Amazon are looking at ways to bring product placements to a whole new level with the introduction of a new service called “Product Purchase.” With Product Purchase, viewers of certain television shows will be able to switch over to Amazon on their own TV sets and purchase items mentioned during the show directly from their remote control. No PC is needed for this to work - just shop from your chair or couch. The service launched today with support for four shows including the Oprah Winfrey Show, The Colbert Report, The Ellen DeGeneres Show, and Burn Notice. This service takes user/television show interactions to a whole new level and could bring new meaning to the impulsive shopping. Imagine, seeing a piece of clothing on Oprah’s show and then easily buying it the next minute on Amazon.

Amazon Updates Mechanical Turk

Seattle-based Amazon Web Services, the web services subsidiary of Amazon.com, said today that it has launched a new set of tools for the firm's Amazon Mechanical Turk services. Mechanical Turk is a play on "The Turk," a late 18th century chess playing machine which turned out to be powered by a hidden operator. Amazon's service allows companies to tap human workers to get tasks done. The firm said it has added a new, web-based graphical interface for helping businesses outsource work through the service. The new interface also includes templates for different kind of work available through the service; previously, the service was only available via APIs which required programming expertise. Amazon's Mechanical Turk services are being used for such things as image tagging, filtering, and other tasks which humans do better than computers.

MovieGoods Premiers 'Checkout By Amazon'

PRNewswire/ -- MovieGoods, Inc. announced today it has launched Checkout by Amazon, a payment and checkout solution from Amazon Payments on its website Moviegoods.com (http://Moviegoods.com). Tens of millions of Amazon customers can now complete purchases on Moviegoods.com using their Amazon.com (http://www.amazon.com) username and password, which means they do not need to re-enter their billing or shipping information. Additionally, MovieGoods customers will feel more confident when they purchase with Checkout by Amazon on Moviegoods.com because they are protected by the same Amazon A-to-z Guarantee that protects shoppers on Amazon.com.

MovieGoods Premiers 'Checkout By Amazon'

LAS VEGAS, Aug. 4 /PRNewswire/ -- MovieGoods, Inc. announced today it has launched Checkout by Amazon, a payment and checkout solution from Amazon Payments on its website Moviegoods.com (http://Moviegoods.com). Tens of millions of Amazon customers can now complete purchases on Moviegoods.com using their Amazon.com (http://www.amazon.com) username and password, which means they do not need to re-enter their billing or shipping information. Additionally, MovieGoods customers will feel more confident when they purchase with Checkout by Amazon on Moviegoods.com because they are protected by the same Amazon A-to-z Guarantee that protects shoppers on Amazon.com.

MovieGoods Premiers 'Checkout By Amazon'

LAS VEGAS, Aug. 4 /PRNewswire/ -- MovieGoods, Inc. announced today it has launched Checkout by Amazon, a payment and checkout solution from Amazon Payments on its website Moviegoods.com (http://Moviegoods.com). Tens of millions of Amazon customers can now complete purchases on Moviegoods.com using their Amazon.com (http://www.amazon.com) username and password, which means they do not need to re-enter their billing or shipping information. Additionally, MovieGoods customers will feel more confident when they purchase with Checkout by Amazon on Moviegoods.com because they are protected by the same Amazon A-to-z Guarantee that protects shoppers on Amazon.com.

Amazon Releases Checkout by Amazon

Amazon announced the release of the ecommerce checkout solution, Checkout by Amazon. This solution provides customers with the same secure and trusted checkout experience available on Amazon.com. It offers features including Amazon's 1-Click and tools for businesses to manage shipping charges, sales tax, promotions, and post-sale activities including refunds, cancellations, and charge-backs. Customers can also use the information from their Amazon.com account and other websites powered by Amazon.com to complete purchases on a website without having to re-enter their shipping address or payment information.

=DJ OPTIONS REPORT: The Case For A Bearish Position In Amazon

By Tennille Tracy Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--It might seem like an odd time to pursue a bearish position in Amazon.com Inc., given the online retailer's stellar second-quarter earnings, but that's exactly what Credit Suisse experts suggest. Amazon shares have jumped 12% since Wednesday, when the company reported earnings of 37 cents per share - besting analysts' estimates of 26 cents - and revenue of $4.06 billion. Investors, however, might be overreacting to Amazon's quarterly report and options traders can profit from a downward move in the stock, says Sveinn Palsson, an equity derivatives strategist with Credit Suisse. While Amazon's earnings were solid, the only reason the company was able to beat Wall Street's expectations by such a wide margin was because it sold its European DVD rental unit for a one-time gain of

Amazon Kindle is 'iPod moment' for ebooks, says analyst

A leading business analyst has predicted that Amazon's bestselling electronic book reader, the Kindle, is going to do for ebooks what Apple's iPod did for music.

Amazon To Launch New Streaming Video Service

The New York Times reports that Amazon has begun a limited testing of its new Video on Demand service, which will replace its Unbox store. The significant difference between the two is that the new service will stream movies through your browser rather than requiring you to download them and use Amazon's video player. Users will also retain access to movies and shows they're previously purchased. The service is not expected to be particularly profitable; Amazon is most likely looking to the future.


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