Cowen Lifts PT on Amazon.com (AMZN) to $830 Following Strong Q1, Outlook

Amazon.com Announces First Quarter Sales up 28% to $29.1 Billion

SEATTLE--(BUSINESS WIRE)-- Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its first quarter ended March 31, 2016.

Operating cash flow increased 44% to $11.3 billion for the trailing twelve months, compared with $7.8 billion for the trailing twelve months ended March 31, 2015. Free cash flow increased to $6.4 billion for the trailing twelve months, compared with $3.2 billion for the trailing twelve months ended March 31, 2015. Free cash flow less lease principal repayments increased to $3.5 billion for the trailing twelve months, compared with $1.5 billion for the trailing twelve months ended March 31, 2015. Free cash flow less finance lease principal repayments... More

Amazon to Open New Pickup Location Near University of Connecticut

Amazon Student and Amazon Prime members will get Free One-Day Pickup on millions of items when shipped to the Amazon pickup location

This will be the first Amazon pickup location in Connecticut

SEATTLE--(BUSINESS WIRE)-- (NASDAQ: AMZN)Amazon today announced a new fully staffed pickup location near the University of Connecticut campus. The Amazon pickup location, the first in Connecticut, offers the UConn community a convenient location to pick up and return Amazon orders, including virtually everything one needs for life on campus, from everyday essentials to technology.... More