Despite posting a 35% sales increase for the fourth quarter and earnings that were better than expected (if still down compared to a year ago), last week was a tough one for Amazon. Analysts and investors were disappointed in the quarterly report, and the stock price for the nation’s largest online retailer fell almost 8% the day after the earnings report was released on Tuesday, though it bounced back a bit on Thursday. Analysts have long worried that Amazon was investing too heavily in its business, but that hasn’t stopped Amazon from keeping up those investments or its stock price rising (it has a 52-week high of $246.71). The most recent report, though, renewed concerns among some analysts that Amazon was not getting a high enough return on its investments. Continue reading at 'Publishers Weekly'
[ Publishers Weekly | 2012-02-03 00:00:00 UTC ]
Hachette UK c.e.o. David Shelley hailed a "very strong" fourth quarter for the publisher, as parent company Lagardère reported a revenue drop of 1.2% like-for-like for the full-year 2018. Continue reading at The Bookseller
[ The Bookseller | 2019-02-08 00:00:00 UTC ]
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When Facebook's Campbell Brown addressed an auditorium full of magazine executives in New York Tuesday, she did not mince words: The social network is not here to save their businesses.Facebook's head of global news partnerships was addressing an audience of print media professionals at the... Continue reading at Advertising Age
[ Advertising Age | 2019-02-06 00:00:00 UTC ]
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Amazon's 2018 sales increased 31% to $232.9bn as the online giant revealed a record $72bn revenue for the fourth quarter, in its latest financial results. Continue reading at The Bookseller
[ The Bookseller | 2019-02-02 00:00:00 UTC ]
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It's that time of year again: TV networks and digital publishers will begin making their annual pitches to media buyers and marketers in an arms race to snag dollars for next season.Viacom-owned Nickelodeon will kick things off in March, followed by Hallmark Channel parent Crown Media.... Continue reading at Advertising Age
[ Advertising Age | 2018-02-14 00:00:00 UTC ]
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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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A bad year has landed Under Armour’s Kevin Plank on a “Worst CEOs in America” list. Plank joins the heads of IBM, Macy’s, Sears, Twitter, Ford Motor Co. and others on a 20-worst list compiled by financial news website 24/7 Wall St. The online publisher looked at stock price changes, earnings,... Continue reading at Baltimore Sun
[ Baltimore Sun | 2017-12-28 00:00:00 UTC ]
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The emergence of digital audiobooks are a “potent source” of long term growth, the chief executive of HarperCollins’ parent company News Corp Robert Thomson has said. Continue reading at The Bookseller
[ The Bookseller | 2017-08-12 00:00:00 UTC ]
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Thanks to the request of a new shareholder that the company put itself up for sale, the stock price of Barnes & Noble rose 7.2% in July, the strongest performance of the 10 stocks listed on the Publishers Weekly Stock Index. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-08-04 00:00:00 UTC ]
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A "massive deficit" of brand building is dragging down the economy, according to Irwin Gotlieb, global chairman of GroupM.When the history books get written on the last 15 years, Irwin told me in a video interview for his induction into the Advertising Hall of Fame, "I think they will say that... Continue reading at Advertising Age
[ Advertising Age | 2017-07-31 00:00:00 UTC ]
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It would be understandable if Snap Inc. is feeling a little jittery as it closes the book on its first quarter as a public company today. The owner of the Snapchat messaging and media app has to show strong ad sales and a growing user base when it makes its report after the close of business.... Continue reading at Advertising Age
[ Advertising Age | 2017-05-10 00:00:00 UTC ]
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With an 18% increase in Amazon's stock price for Q1 2017 over Q1 2016, the tech giant leads the PW Stock Index. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-04-07 00:00:00 UTC ]
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Simon & Schuster saw global revenues fall by 10% to $209m (£167.05m) during the fourth quarter of 2016, according to results released by parent company the CBS Corporation. Continue reading at The Bookseller
[ The Bookseller | 2017-02-17 00:00:00 UTC ]
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Down by seven points in the third quarter, South Gate got its act together and rallied for a 59-48 victory over Los Angeles Roosevelt on Monday, improving to 8-0 in the Eastern League. David Mixon scored 11 of his 15 points in the fourth quarter. In the Western League, Fairfax got a scare but... Continue reading at Los Angeles Times
[ Los Angeles Times | 2017-01-31 00:00:00 UTC ]
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Sainsbury’s has revealed its book sales grew 7.5% year on year in the fourth quarter of 2016, The Bookseller can reveal, with its growth in total retail sales a more modest 0.8%. Continue reading at The Bookseller
[ The Bookseller | 2017-01-23 00:00:00 UTC ]
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CBS, parent company of Simon & Schuster, was the only company on the Publishers Weekly Stock Index to have an increase in its stock price in October. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-11-04 00:00:00 UTC ]
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Amazon has introduced a new photo printing service, triggering the worst single-day decline in more than eight years for shares of Shutterfly.The new AmazonPrints service offers printed photos starting at 9 cents each and photo books starting at $20. Cards and calendars will be additional... Continue reading at Advertising Age
[ Advertising Age | 2016-09-22 00:00:00 UTC ]
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HarperCollins achieved an 11% rise in revenues in the fourth quarter of 2016, although annual results were hampered by lower ebook sales and negative foreign currency fluctuations. Continue reading at The Bookseller
[ The Bookseller | 2016-08-10 00:00:00 UTC ]
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With Amazon’s stock price closing at a 52-week high of $722.79 on May 31, the Publishers Weekly Stock Index rose 6.9% in the month. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-06-03 00:00:00 UTC ]
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Joe Wicks has bounced back up the Official UK Top 50, as Lean in 15 (Bluebird) reclaimed the number one spot for a ninth non-consecutive week. Continue reading at The Bookseller
[ The Bookseller | 2016-03-23 00:00:00 UTC ]
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