Posted by Dale Buss on January 29, 2013 06:28 PM
Amazon reported weaker-than-expected sales and earnings for the fourth quarter on Tuesday.
But investors quickly seemed to give the online-retailing giant a pass — partly because they figured the results reflected general economic reality, and partly because Amazon continues to be an unrivaled, trailblazing juggernaut that keeps all its competitors on their toes.
Revenue jumped 22 percent during the quarter to more than $21 billion, but fell short of analysts' expectations of more than $22 billion. And Amazon's profits were just $97 million during the period, compared with $177 million a year earlier.Continue reading...
Posted by Dale Buss on January 21, 2013 09:02 AM
Atari files for bankruptcy protection in the U.S.
RIM could license BlackBerry 10 software.
Sony plans to introduce tablet challenging Apple and Samsung.
AIG learns from "Thank You, America" misfire.
Alfa Romeo plans brand return to U.S. late this year.
Boeing sees safety investigators dismiss one potential cause of Dreamliner fires.Continue reading...
Posted by Dale Buss on December 12, 2012 09:02 AM
HSBC hopes to minimize brand damage from $1.9 billion U.S. fine.
Avon leaves South Korea and Vietnam in $400M cost-cutting move.
FedEx is accused of overcharging.
Amazon strikes sales-tax deal with Massachusetts.
Apple tests new TV designs.
Audi launches driving tech simulation game for Sony PlayStation.
Bausch & Lomb explores selling itself.
Bentley opens boutique at brand HQ.
Cinnabon reaches 1,000th bakery milestone.Continue reading...
Posted by Dale Buss on November 29, 2012 09:06 AM
Airbus and Boeing aim at each other in advertising spat.
CNN prospects weighed under Jeff Zucker.
Canadian Club launches "Join the Club" red-meat campaign.
Carnival apologizes to gay passengers after forbidding drag dress on cruise.
Chevrolet sees Volt ranked as best-loved car by Consumer Reports.
Costco to spend $3 billion on special dividend ahead of fiscal cliff.
Exxon faces short-term shortage of oil supplies.Continue reading...
Posted by Dale Buss on October 4, 2012 08:53 AM
KitchenAid apologizes for anti-Obama tweet during presidential debate, the most-tweeted event in US political history, which saw Mitt Romney gain the upper hand on Barack Obama. Romney's anti-PBS comment on Big Bird also took over social media, while "Walmart mom" is the new soccer mom. The campaigns, judged the most negative in recent times, inspire JetBlue to offer chance to pull an Alec Baldwin and leave the country after election result.
HP warns about grim outlook, sending shares to lowest level in almost a decade.
Facebook passes one billion users with plans to charge to promote user posts, while Twitter measures brand impact with Nielsen.
Amazon now offers loans to small businesses.
American Airlines pulls 47 jets after loose-seat debacle as image suffers.
Apple rumors of smaller iPad persist as the #2 Best Global Brand earns kudos for admitting maps screw-up.Continue reading...
Posted by Shirley Brady on August 12, 2012 12:55 PM
Amazon and eBay eye same-day delivery as Amazon site traffic soars.
App.net woos digerati and raises funds for paid social network.
Apple calls final witnesses in contentious Samsung trial as brand's fans seen losing their edge.
Baidu among Barrons' top 10 Chinese brands.
Barclays chairman promises change.
Bermuda readies new branding campaign.
Costco sees deluge of cross-border Canadian shoppers.Continue reading...
Posted by Dale Buss on August 2, 2012 09:00 AM
AIG pushes plan for independence from U.S. government.
Burger King says that menu and marketing changes have boosted bottom lilne.
Campbell Soup creates limited edition to help food bank.
Chick-fil-A supporters (and Wendy's) show up for "Appreciation Day."
Christina Aguillera lends her voice to a good cause.
Costco experiences strong U.S. sales.
Crocs celebrates milestone a little too exuberantly.
DirecTV sees U.S. subscribers decline for first time.Continue reading...
Posted by Dale Buss on May 8, 2012 09:02 AM
Abbott Laboratories to pay $1.6 billion over labelilng of antiseizure drug.
Amazon takes on high-end clothing.
Angry Birds gets embeddable, and bumps Rovio to pre-IPO valuation of $9 billion.
Apple sees iPad trademark settlement rejected by China's Proview.
Aviva sees CEO resign over shareholdre-pay revolt.
The Avengers offends Indian viewers with slum depiction.
Barneys New York skirts bankruptcy.
Costco seeks to grow online sales.Continue reading...