The Traderszone Network

Published in TZ Latest News 14 May, 2016 by The TZ Newswire Staff

Just Because Amazon Can Buy Back Shares Doesn’t Mean It Will

Cash Pile

There’s a growing problem at Amazon (NASDAQ: AMZN), and it’s one most companies would love to have. Despite aggressive investments in fulfillment centers, data centers, and new technology, Amazon’s cash pile continues to grow. At the end of the first quarter, it had nearly $16 billion in cash and marketable securities, 15% more than it did last year.

read more