News Byte

Amazon Acquires Warehouse Tech Provider for $775 Million

Amazon.com has acquired North Reading, Mass.-based Kiva Systems, which provides automation technology in distribution centers, for $775 million in cash. Amazon takes its warehouse side of the business seriously, adding 17 new facilities — equivalent to millions of square feet — in 2011 for a total of 69 centers. The Seattle-based e-commerce provider said the acquisition is expected to close in the second quarter.

Amazon and Apple: Two Tablet Makers, Two Drastically Different Fourth Quarters

Amazon is expected to report a giant fourth quarter tomorrow, but the results couldn’t be more different from Apple’s monstrous fourth-quarter results reported last week.
Tim_Cook_Kindle_Fire

The Best and Worst States for Online Shopping

Not all states are equal when it comes to shopping online. Here’s a list that ranks states in terms of how fast and how much it costs to get parcels to your front door.

Voices

First Solar: Are Their Customers Piling Up Inventory?

Jonathan Hoopes of ThinkEquity concluded this morning that major customers of First Solar are sitting on what could be substantial inventory in their warehouses. Since it’s unlikely that impediments to solar market growth are lifting any time soon, or that said inventory’s going anywhere fast, he cut his price target from $175 to $105, and his estimated EPS for both 2009 and 2010.