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February 8, 2010
Wall Street sinks on sovereign debt fears
...the group, which underperformed Home Depot by more than 10 percentage points last year, rose 0.8 per cent to $21.76. Amazon.com initially rose after analysts at Collins Stewart upgraded the internet retailer to “buy” from “hold”, noting the... By Samantha Pearson in New York
February 1, 2010
Wall Street given a lift by results from Exxon
...Company, which owns regional newspapers such as The Miami Herald and The Kansas City Star, gained 3 per cent to $5.51. Amazon.com was the second-worst performer in the benchmark index, losing 5.2 per cent to $118.87. The world’s largest internet... By Samantha Pearson in New York
October 2, 2009
Magazine publishers plan digital store
Time Inc is leading an industry-wide joint venture to create a digital...to avoid surrendering their digital future to the likes of Amazon.com or Apple. The new service, as yet unnamed, would serve...to the web, where material is available free of charge. Amazon.com’s Kindle e-reader device and service has also emerged... By Kenneth Li in New York and Joseph Menn in San Francisco
January 26, 2010
Earnings better than expected at McGraw-Hill
...among publishers about how much of the revenue from such applications will be taken by device manufacturers such as Apple. and Amazon.com.Separately, McGraw-Hill said it was pleased that a US judge on Tuesday dismissed claims against it relating to Lehman... By Andrew Edgecliffe-Johnson in New York
October 3, 2009
Time Inc leads push to set up online store
Time Inc is leading an industry-wide joint venture to create a digital...to avoid surrendering their digital future to the likes of Amazon.com or Apple. The new service, as yet unnamed, would serve...to the web, where material is available free of charge. Amazon.com's Kindle e-reader device and online store has also emerged... By Kenneth Li in New York
January 27, 2010
Wall Street financials lead rally after Fed statement
...result of cost cuts. Revenues, however, were worse than expected, causing its shares to fall 4 per cent to $4.10. Amazon.com added to the sector’s gains, rising 2.7 per cent to $122.75 after Kaufman Bros upgraded the stock to “buy... By Samantha Pearson in New York
December 28, 2009
Kindle boosts Amazon’s e-book sales
NEW YORK, Dec 28 – Amazon.com shares rose on Monday after it said customers bought more e-books than physical books for the first time ever on Christmas Day...
February 8, 2010
Publishers battle to raise e-book prices
It was the day after Apple unveiled its iPad and Macmillan’s John Sargent was heading for the Amazon.com headquarters in Seattle on a hastily arranged visit. The chief executive of the venerable publisher arrived with an ultimatum for... By David Gelles and Andrew Edgecliffe-Johnson
February 9, 2010
A page is turned
It was the day after Apple unveiled its iPad and Macmillan's John Sargent was heading for the Amazon.com headquarters in Seattle on a hastily arranged visit. The chief executive of the venerable publisher arrived with an ultimatum... By David Gelles and Andrew Edgecliffe-Johnson
December 29, 2009
Slide in energy stocks halts Wall St rally
...week from the same period a year ago. A December reading of consumer confidence was also better than expected. Shares in Amazon.com edged 0.1 per cent higher to $139.41 after two brokerages raised their price targets for the online retailer. Kaufman Bros... By Samantha Pearson in New York