Author Archives: Scalper1

Amazon Builds Brick And Mortar Retail In India

Amazon.com (AMZN), days after it launched a brick-and-mortar bookstore in its headquarters city of Seattle, reportedly is rolling out others in India. In a project code-named Udaan, the new Amazon-branded storefronts are in existing retail shops in regions where Internet access is scarce. Customers can place online orders directly to Amazon.com and receive a text message alert when the order arrives at the shop, according to a Times of India

SunEdison Yieldco Worries Torch Canadian Solar, Too

SunEdison (SUNE) stock combusted Tuesday, torching Canadian Solar (CSIQ) stock with it, after SunEd reported mixed Q3 earnings that stoked investor concerns regarding the firm’s liquidity and its yield company model. In afternoon trading in the stock market today, SunEdison stock was down nearly 22%, trading below 6 at a 30-month low. Early Tuesday, SunEdison reported $476 million in Q3 sales and a per-share loss minus items of 91 cents. Sales