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Amazon Is Buying iRobot. How Does It Rank Against The E-commerce Giant's Other Big Acquisitions?
Friday, August 5, 2022 - 1:00pm | 893The company most known for its Roomba robot vacuum, iRobot Corporation (NASDAQ: IRBT), will be acquired by Amazon.com, Inc (NASDAQ: AMZN) for $1.7 billion as the largest e-commerce corporation in the world expands its selection of personal and home electronics items. Amazon announced that it will...
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Are CVS And Walgreens Unfairly Fighting Back Against Amazon's PillPack?
Wednesday, August 7, 2019 - 10:58am | 412E-commerce giant Amazon.com, Inc. (NASDAQ: AMZN) bought the online pharmacy company PillPack last year, and legacy pharmacy retailers may be unfairly fighting back, CNBC reported. PillPack offers a mail delivery service and offers consumers an alternative to traditional companies like CVS Health...
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CNBC: Retail Pharmacies More Worried About Amazon Than They Admit
Friday, June 21, 2019 - 10:14am | 470Are traditional retail pharmacies and insurance companies worried about Amazon.com, Inc. (NASDAQ: AMZN)'s push into their respective territories? Public comments from management teams brush off any concerns, but actions taking place behind the scenes may suggest otherwise, according to CNBC....
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'Margins To The Rescue' After Amazon Misses Q2 Sales Estimates
Friday, July 27, 2018 - 11:07am | 625Amazon.com, Inc. (NASDAQ: AMZN) reported earnings for the second quarter Thursday. Earnings per share and sales came in at $5.07 and $5.29 billion, respectively. The company also issued guidance for Q3 just below consensus estimates, but with significantly higher operating profits. It was this...
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Amazon's PillPack Acquisition: What It Means For The Tech Giant And Everybody Else
Friday, June 29, 2018 - 12:43pm | 951Amazon.com, Inc. (NASDAQ: AMZN) announced its acquisition of PillPack, an online pharmacy previously targeted by Walmart Inc (NYSE: WMT). The transaction is seen to advance Amazon’s health care campaign to the detriment of the vast and diverse sector. What It Means For Amazon Amazon had...
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Amazon To Buy Online Pharmacy PillPack; Drug Store Stocks Fall
Thursday, June 28, 2018 - 9:01am | 661The pharmaceutical industry needs an ice pack. Amazon.com, Inc. (NASDAQ: AMZN) struck a blow Thursday with its acquisition of PillPack, an online pharmacy. "PillPack's visionary team has a combination of deep pharmacy experience and a focus on technology," Jeff Wilke, Amazon CEO...