Amazon's shares jump after profit doubles

Amazon's shares jumped 6% after the retail giant posted its financial results for the fourth quarter, revealing it doubled profits made in the same period last year to $1.9bn (£1.34bn). Continue reading at 'The Bookseller'

[ The Bookseller | 2018-02-03 00:00:00 UTC ]
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Pearson warns Covid-19 will hit profits and pauses share buyback

Pearson has warned its profits will be hit, and paused its share buyback, after the Covid-19 pandemic closed testing centres and saw US state assessments postponed or waived.  Continue reading at The Bookseller

[ The Bookseller | 2020-03-22 23:25:19 UTC ]
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Amazon Charts: Bryson and Pullman double up

Philip Pullman's The Secret Commonwealth (Penguin/David Fickling) has maintained its number one spot in the Amazon Charts' Most-Sold: Fiction top 20 for a second week, while the current UK Official Top 50 number one through Nielsen BookScan's TCM, Bill Bryson's The Body (Transworld), also held... Continue reading at The Bookseller

[ The Bookseller | 2019-10-15 17:51:08 UTC ]
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Amazon Charts: Atwood doubles up as Cameron makes his debut

Margaret Atwood's The Testaments (Vintage) has held the Amazon Charts Most-Sold: Fiction number one for a second week, as former prime minister David Cameron makes his debut in the Most-Sold: Non Fiction chart on pre-orders alone.  Continue reading at The Bookseller

[ The Bookseller | 2019-09-18 09:32:13 UTC ]
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Amazon Charts: The Testaments jumps the gun

Margaret Atwood's The Testaments (Vintage) tops the Amazon Charts: Most-Sold Fiction chart, a week ahead of its publication, with the Booker-shortlisted title the most pre-ordered book in the chart. Continue reading at The Bookseller

[ The Bookseller | 2019-09-11 04:09:14 UTC ]
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Amazon Charts: Ross racks up a fiction double

After making its debut a week ago in second place, L J Ross' Penshaw has now leapfrogged Rachel Abbott's And So It Begins (Wildfire) to claim the Amazon Charts Most-Sold Fiction number one. Continue reading at The Bookseller

[ The Bookseller | 2019-08-06 18:40:21 UTC ]
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How to Share Books and Movies Through Amazon Household

The retail giant offers a way to share your Prime benefits—including Kindle titles, audiobooks, and free Prime shipping—with others in your home. Continue reading at Wired

[ Wired | 2019-07-23 12:00:00 UTC ]
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Amazon reports record profit with first quarter sales up 17%

Amazon has recorded a record profit of $3.6billion, with its first quarter sales up 17% to $59.7billion. Continue reading at The Bookseller

[ The Bookseller | 2019-04-27 00:00:00 UTC ]
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HarperCollins UK hits record profit after Lord of the Rings Amazon TV deal

HarperCollins Publishers saw record profits before tax of £26.8m for the year ending 30th June 2018, almost double the 2017 figure, partly due to a monster The Lord of the Rings TV deal with Amazon. Continue reading at The Bookseller

[ The Bookseller | 2019-04-05 00:00:00 UTC ]
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Amazon doubles up for Lake Union imprint

Amazon Publishing imprint Lake Union editor Sammia Hamer has struck two two-book deals. Continue reading at The Bookseller

[ The Bookseller | 2019-03-12 00:00:00 UTC ]
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Amazon Profits Soar Again, Despite Disappointing Sales

Although sales rose 29% in the third quarter (ended September 30) over the comparable period a year ago, investors had expected more rapid growth. Still, profits jumped to $2.9 billion, up from earnings of $256 million a year ago. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-10-24 00:00:00 UTC ]
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EDC Q2 Profits Jump on Small Sales Gain

Educational Development Corp.’s rapid revenue growth stalled in the second quarter ended August 31, 2018, but the company still posted earnings growth of nearly 44%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-10-16 00:00:00 UTC ]
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Amazon Profits Soar

For the quarter ended June 30, 2018, operating income at Amazon increased to $3.0 billion, compared with operating income of $628 million in the second quarter of 2017. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-07-26 00:00:00 UTC ]
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Holtzbrinck doubles share order in Springer Nature IPO

The Holtzbrinck Publishing Group has doubled its share order in the planned initial public offering of Springer Nature, from €100m to €200m. Continue reading at The Bookseller

[ The Bookseller | 2018-05-09 00:00:00 UTC ]
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Amazon shares fall after Trump's Twitter attacks

Amazon shares took a hit after President Donald Trump attacked the online store on social media, this time accusing it of not being on a "level playing field" with “fully tax paying retailers” and of ripping off the US postal service. Continue reading at The Bookseller

[ The Bookseller | 2018-04-04 00:00:00 UTC ]
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New European digital tax to ensure Amazon pays 'fair' share

Amazon may be forced to pay a new tax proposed by the European Commission on EU operations of digital businesses. Continue reading at The Bookseller

[ The Bookseller | 2018-03-23 00:00:00 UTC ]
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Philip Pullman calls for authors to get fairer share of publisher profits

His Dark Materials author condemns way book industry ‘allows corporate profits to be so high at a time when author earnings are markedly falling’Philip Pullman has called on publishers to stop damaging “the ecology of the book world” and start giving authors a fairer share of the money their... Continue reading at The Guardian

[ The Guardian | 2018-03-05 00:00:00 UTC ]
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Sales Slip at EDC, But Profits Jump

Educational Development Corp., which has had explosive sales growth over the last two years, saw sales fall 6.6% in the second quarter ended August 31. Net income, however, tripled. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-10-23 00:00:00 UTC ]
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MPs accuse Amazon and eBay of profiting from 'fraudsters'

Amazon and eBay have been accused of profiting from foreign firms trading on its marketplace platform and failing to charge VAT on UK sales, a Public Accounts Committee report has found. Continue reading at The Bookseller

[ The Bookseller | 2017-10-19 00:00:00 UTC ]
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Amazon slashes Whole Foods prices; supermarket shares plummet

Online retailer Amazon is to slash prices at US supermarket chain Whole Foods Market Inc in a move which could threaten supermarket rivals. Continue reading at The Bookseller

[ The Bookseller | 2017-08-26 00:00:00 UTC ]
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Amazon to double R&D roles as it moves to Shoreditch

Amazon has said it will double its number of research and development roles in London as it opens a new UK head office boosting its overall workforce with 5,000 new jobs across the country this year. Continue reading at The Bookseller

[ The Bookseller | 2017-07-26 00:00:00 UTC ]
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