Sector Close-Up on Tech Stocks; Online Retailers/e-commerce
POINT ROBERTS, Wash, April 28, 2009 - Investorideas.com and www.TechSectorStocks.com, a Technology Stocks Investor Portal within Investorideas.com, feature a sector close- up on Technology stocks in Online Retailing/e-commerce.
According to a survey by Forrester Research and Shop.org, US online retail sales rose an average of 11% in the first three months of 2009. Of the 80 companies studied, 58% saw online sales increases compared with the same quarter last year.
Source- emarker.com: http://www.emarketer.com/Article.aspx?R=1007058
Tech Stocks - Sector close- Up April 28th trading:
Amazon.com, Inc. (NasdaqGS: AMZN) trading at $82.81, down $ 0.31 (0.37%) 2:19pm ET with an earlier high on the day of $85.35
BARNES & NOBLE (NYSE: BKS) trading at $26.05, up $ 0.33 (1.28%) 2:18pm ET
Books-A-Million, Inc. (NasdaqGS: BAMM) trading at $ 5.55,up $0.12 (2.21%) 1:41pm ET
BORDERS GROUP INC (NYSE: BGP) trading at $2.42,up$ 0.46 (23.47%) 2:20pm ET
eBay Inc. (NasdaqGS: EBAY) trading at $ 16.27,down $ 0.20 (1.21%) 2:22pm ET
Company Snapshots
Online Retailers/e-commerce
Amazon.com, Inc. (NasdaqGS: AMZN) a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth’s Biggest Selection. Amazon.com, Inc. seeks to be Earth’s most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as Books; Movies, Music & Games; Digital Downloads; Computers & Office; Electronics; Home & Garden; Grocery, Health & Beauty; Toys, Kids & Baby; Apparel, Shoes & Jewelry; Sports & Outdoors; and Tools, Auto & Industrial.
BARNES & NOBLE (NYSE: BKS) the world’s largest bookseller and a Fortune 500 company, operates 778 bookstores in 50 states. Barnes & Noble is the nation’s top bookseller in quality, and for the fifth year in a row, the top bookseller brand, as determined by a combination of the brand’s performance on familiarity, quality, and purchase intent, according to the EquiTrend® Brand Study by Harris Interactive®. Barnes & Noble conducts its online business through Barnes & Noble.com (www.bn.com), one of the Web's largest e-commerce sites.
Books-A-Million, Inc. (NasdaqGS: BAMM) Books-A-Million is one of the nation’s leading book retailers and sells on the Internet at www.booksamillion.com. The Company presently operates more than 200 stores in 21 states and the District of Columbia. The Company operates two distinct store formats, including large superstores operating under the names Books-A-Million and Books & Co., and traditional bookstores operating under the name Bookland. The Company’s wholesale operations include American Wholesale Book Company and Book$mart, both based in Florence, Alabama.
BORDERS GROUP INC (NYSE: BGP) Headquartered in Ann Arbor, Mich., Borders Group, Inc. is a leading retailer of books, music and movies with approximately 25,000 employees. Through it subsidiaries, the company operates more than 1,000 stores primarily under the Borders® and Waldenbooks® brand names and offers online shopping through Borders.com.
eBay Inc. (NasdaqGS: EBAY) Founded in 1995, eBay Inc. connects hundreds of millions of people around the world every day, empowering them to explore new opportunities and innovate together. eBay Inc. does this by providing the Internet platforms of choice for global commerce, payments and communications. Since its inception, eBay Inc. has expanded to include some of the strongest brands in the world, including eBay, PayPal, Skype, Shopping.com, and others. eBay Inc. is headquartered in San Jose, California.
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