1:02 PM Millennial Media (MM -4.8%) makes fresh post-IPO lows after Needham launches coverage with a Hold. While expecting Millennial to "continue to experience exceptionally strong growth over the next few years," the firm sees "emerging competition" limiting upside to current estimates. The report comes as one of those emerging rivals, Amazon (AMZN), rolls out a mobile ad API for Android apps offered in its Appstore. Amazon is already selling Kindle lock screen ads, and has reportedly considered making a mobile ad acquisition. Read comments
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AMZN price at time of publication: $275.64. Check AMZN price now »
Focus Articles on AMZN
- Amazon Has A Shot At Disrupting Akamai And The Dynamic Site Acceleration Market by Dan Rayburn
- Amazon's Moat Will Widen With Amazon Prime by Carol Kong
- Amazon.com Media Revenue Growth Will Probably Turn Negative by Paulo Santos
Press Releases on AMZN
- Scripps Networks Interactive's Popular Lifestyle Shows from HGTV, DIY Network, Food Network, Cooking Channel and Travel Channel Coming to Prime Instant Video and Amazon Instant Video (Business Wire)
- Amazon Cloud Player App Now Optimized for iPad (Business Wire)
- Amazon's Prime Instant Video Named the Exclusive Online Subscription Home of FX Series Justified (Business Wire)
Related Articles on AMZN
- IBM Leads Open Source Cloud Flotilla Against Amazon by Dana Blankenhorn
- The Monday Morning Quarterback by Brian Nichols
- Wall Street Breakfast: Must-Know News by Wall Street Breakfast
StockTalk on AMZN: AMZN StockTalk | Twitter AMZN | Twitter $AMZN | AMZN Instablogs
Recent Market Alerts on AMZN: All currents | Earnings | Dividends | M&A | On the move
Transcripts on AMZN
- Amazon.com's Management Discusses Q4 2012 Results - Earnings Call Transcript
- Amazon.com's CEO Discusses Q3 2012 Results - Earnings Call Transcript
- Amazon.com's Management Discusses Q2 2012 Results - Earnings Call Transcript
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