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...brick-and-mortar retailers slashed inventories to offset the pullback in demand, shoppers stampeded online to see the full selection at competitive prices, says Keith Jelinek, a director at AlixPartners. "It was definitely a competitive advantage for Amazon," he says. The Seattle-based retailer posted a 40% earnings increase in full-year 2009, with the biggest gain coming in the fourth quarter, where net income shot up 71% - far above Wall Street's expectations...
...device that offers Web-browsing, e-mail and other laptop functions in addition to an e-reader, could be the Kindle's biggest threat yet. Apple has already signed up five publishers to sell e-books for its iPad. "There's clearly competitive risk," says Mark Mahaney, a managing director at Citigroup. (See the best travel gadgets...
...Even if the Kindle does lose market share, it only accounted for about 2% to 3% of Amazon's total revenue in 2009, and is only projected to represent 6% in 2010, says Douglas Anmuth, a director at Barclays Capital. (Get the latest gadget news and reviews at Techland.com...
...Proprietary trading played a big role in manufacturing the CDOs and other instruments that were at the heart of the financial crisis," says Michael Madden, a managing director of the investment firm BlackEagle Partners and a former Lehman executive. "If firms weren't able to buy up the parts of these deals that wouldn't sell ... the game would have stopped a lot sooner...
After working hard to fill the basement with beauty for many years, Burch “shyly but insistently” requested to have a space of her own, according to Steven B. Bloomfield ’77, executive director of the Weatherhead Center of International Affairs who spoke at the exhibit launch...