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Best Buy: A Better Sell

James Berman | Posted 07.02.2013 | Business
James Berman

When retailers lose their mojo, it's hard to recover. Reinventing a retail model is a parlous prospect. Witness what happened at JC Penney (JCP) when Ron Johnson tried to "transform" the tired peddler of schmattes and socks.


Reuters | Posted 04.17.2012 | Technology

SAN FRANCISCO (Reuters) - Inc shares were downgraded by Morgan Stanley analysts on Thursday on concern about competition from Apple Inc and...

Amazon's Net Income Dropped Sharply

AP | BARBARA ORTUTAY | Posted 04.01.2012 | Business

NEW YORK — Shoppers spent more money online this holiday season than ever before, and yet, Amazon _the world's largest Internet retailer_ failed...

Amazon Stock Tumble On Earnings Report

AP | RACHEL METZ | Posted 12.25.2011 | Technology

SAN FRANCISCO — Amazon's spending on expansion will eventually help its bottom line, but right now it's costing the online retailer on Wall Stre...

Amazon Reports Shocking Drop In Profits

Posted 12.25.2011 | Technology

(Reuters) - Inc shares slumped after reporting weaker-than-expected results as it spent heavily on a new tablet computer and other long...

Priced for Decadence

James Berman | Posted 05.25.2011 | Business
James Berman

NFLX is a well-run company with a terrific brand. But it looks to be in the manic phase and vulnerable to a bipolar outcome, which on Main Street or Wall Street is called a crash.

Bezos Worth $30 Billion in Five Years

Jack Hidary | Posted 05.25.2011 | Business
Jack Hidary

While many critics counted out Amazon for years, the numbers tell the story of Amazon's transformation into a key pillar of online commerce.

Despite "Oprah Effect," Kindle Sales Won't Meet Expectations, Analyst Says

Wired | Posted 05.25.2011 | Business

Citigroup analyst Mark Mahaney downgraded Amazon's stock to "Hold" from "Buy" in his latest report, despite a surge in shares since Q3 earnings report...