Tag Archives: amzn

Amazon Now Charging Sales Taxes In Three More States

Amazon.com (AMZN) began charging sales taxes in Indiana, Nevada and Tennessee as of Wednesday, bringing to 19 the number of states where consumers are required to pay local sales taxes on Amazon purchases. The three additional states now appear on the list of states on Amazon’s website where shoppers are informed that they’re subject to state sales taxes. Amazon has alternately fought efforts by states like New York to charge sales taxes for local

Amazon.com Price Target Hiked, Citi Cites ‘Strong’ Q4

Amazon.com (AMZN) nailed a strong Q4, boosted by online holiday shopping and demand for new Prime memberships, says Citigroup, which on Thursday raised its price target on the e-commerce leader’s stock. Analyst Mark May raised his target to 457 from 381. Amazon stock was down a fraction in morning trading in the stock market today, near 396. Amazon stock touched an all-time high of 405.63 on Friday. On Dec. 26, Amazon issued a press release that

Netflix Tests $6.99 Streaming Plan With Eye On Amazon

Netflix is responding to Amazon.com’s competing streaming video service by offering a new, lower-priced plan. The streaming media giant is testing a discount plan for new subscribers priced more closely to the subscription service offered by Amazon (AMZN), the world’s leading online retailer. Netflix (NFLX) will offer new subscribers a plan in which they would pay $6.99 a month for streaming to one device at a time. The plan will be