Among today’s top online stories for investors: Which stocks should you own as the Fed reignites the economy? What could justify a $500 stock price for Apple? And why is Amazon a bigger threat to Google than Facebook?
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Amazon.com is buying Quidsi, the parent company of online diaper and soap retailers Diapers.com and Soap.com, for $500 million in cash and $45 million in debt. Will the deal help Amazon grow its sales beyond books, CDs and DVDs…
The rumors that e-tail giant Amazon is looking to buy Quidsi, parent company of Diapers.com, have proven true. But Jeff Bezos isn’t likely to stop there, and Alice.com and Drugstore.com could be easy pickings.
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Amazon is reportedly about to announce on Monday the acquisition of Quidsi, the New Jersey-based e-commerce company behind Diapers.com, Soap.com, and, most recently, BeautyBar.com.
Continue reading Amazon to Bu…
Amazon has positions to fill in three fulfillment centers in two states. It’s joining other retailers such as Toys ‘R’ Us and Kohl’s is adding scads of temporary hires for 2010 holiday sales crunch — the most since 2007.
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