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Wal-Mart Beats Amazon on Web Sales Growth and Morgan Stanley Gets a $5 Million Fine

Wal-Mart Stores Inc. (NYSE: WMT) has overtaken Amazon.com for the first time in ten years with web sales growing faster. This is according to the Wall Street Journal, which reported that Wal-Mart's global Internet sales rose 30 percent last year, while Amazon's registered a sales growth of "only" 20 percent. The newspaper cited data from trade publication Internet Retailer. Wal-Mart Stores Inc. operates retail stores in various formats worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam’s Club. It operates discount stores, supermarkets,

Ford Misses on Earnings but Beats on Revenue Estimates and Amazon's Spending Affects Quarterly Profits

Ford Motor Co. (NYSE: F) reported first quarter earnings revealing a first-quarter profit of $989 million. This figure came in significant down compared to the $1.6 billion it made a year ago. It also came in well short of estimates from Wall Street analysts. Earnings per share came in at 25 cents in the first quarter of 2014, down from 41 cents in the first quarter of 2013, and missing the Zacks Consensus Estimate of 32 cents. Revenues however in the quarter grew 0.8% to $35.9 billion, which exceeded the Zacks Consensus Estimate of $34.49 billion. Ford Motor Company develops,

Amazon Launches Android Based Set Top Box and Bank of America Close to Settlement with U.S. Consumer Financial Protection Bureau

Amazon.com Inc. (NASDAQ: AMZN) has released an Android-based Internet video-streaming set-top box named Fire TV. Fire TV is a small flat black box and is available for sale immediately in the U.S. for $99. The device also has a Bluetooth-enabled remote control. Users can simply speak their choice into the remote to enjoy a program. Amazon.com, Inc. operates as an online retailer in North America and internationally. The company operates in two segments, North America and International. The company serves consumers through retail Websites, such as amazon.com and amazon.ca, which primarily

Rumors say Amazon Will Launch a Free Video Streaming Service and Former Bank of America Chief Executive Banned

Amazon.com Inc. (NASDAQ: AMZN) is reported to be launching a free video streaming service. According to a report from the Wall Street Journal  the e-commerce giant will be launching a free, ad-supported service that'll allow its customers to stream television shows and music videos for free. It will be ad-supported however. The new service apparently will not require a Prime subscription and will offer original and licensed programming free of charge. The company declined to

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