Over the rainbow with Amazon.com
Article Abstract:
Amazon.com net loss in the third quarter was $197 mil., bringing cumulative losses to $550 mil. The company still predicts profitability by 2002. Spending per customer, $41.51, approaches the cost per customer, $32.73, while customer growth is 22% for the quarter, down from 60% a year ago. Some investors indicated their impatience with the continued losses by selling stock, reducing the market capitalization of Amazon by $1.6 bil as share prices fell. Friday, Oct. 29, shares closed at 70.625
Publication Name: The New York Times
Subject: Business, general
ISSN: 0362-4331
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
Nonequal compensation for equal positions
Article Abstract:
The CEO of American Home Products, John R. Stafford, and his counterpart at Monsanto, Robert B. Shapiro, asserted that the merger of their two companies was an combination of equals. Both men said that they would serve as co-chief executives with the same responsibilities. However, Mr. Shapiro's unusual executive compensation plan will place him higher than Mr. Stafford in terms of windfall profits.
Comment:
CEO Robert B. Shapiro has an unusual exec compensation plan that places him higher than American Home CEO John R. Stafford
Publication Name: The New York Times
Subject: Business, general
ISSN: 0362-4331
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
Pop! Goes the bubble
Article Abstract:
Internet stocks have taken a beating this week and industry analysts speculate that this may be the end of a boom, or just a lull in a market that will remain bullish. A complicating factor in determining whether or not Internet stocks will stay depressed is that sheer number of companies making stock offerings, 69 in the first six months of 1999 compared with only 42 in 1998.
Publication Name: The New York Times
Subject: Business, general
ISSN: 0362-4331
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Measuring the appraisal of ad-based affect with ad promises. The role of affect in marketing
- Abstracts: Protests held against Windows system. Gates hits $100 billion mark, more or less. 'Microsofties' say they're right as rain
- Abstracts: United Health to acquire Humana Inc. Aetna to buy Prudential's health care business for $1 billion. Cardinal Health is acquiring Allegiance Hospital Supply
- Abstracts: Old rivals fight for new turf-biotech crops. DuPont agrees to purchase of seed firm. AgrEvo to buy Cargill seed unit for $650 million
- Abstracts: Europe is deaf to Snap! Crackle! Pop! Manchester United attracts interest of second suitor. Soap makers try laundry disks in Europe