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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Amazon.com, Inc.    AMZN

AMAZON.COM, INC.

(AMZN)
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Amazon com : U.S. SEC blocks Amazon effort to stop shareholder votes on racial equity audit

04/07/2021 | 04:19pm EDT
FILE PHOTO: The logo of Amazon is seen at the company logistics center in Lauwin-Planque, northern France

(Reuters) - U.S. securities regulators on Wednesday turned down an exemption sought by Amazon.com Inc to stop its investors from considering a shareholder proposal related to racial equity at the e-commerce giant.

The decision by the Securities and Exchange Commission followed an appeal by Amazon to block the non-binding proposal from being voted on at the company's upcoming annual meeting.

The proposal was first filed by New York State Comptroller Thomas DiNapoli on behalf of New York State Common Retirement Fund in December, seeking to independently audit the company's policies and practices on civil rights and racial discrimination.

"An independent examination of just how Amazon is addressing racial injustice in its workplace, in the wages it pays and in the products it sells, will help ensure the company is confronting institutionalized inequality and the impact on its business," DiNapoli said.

Amazon did not immediately respond to a request for comment.

(Reporting by Munsif Vengattil in Bengaluru; Editing by Anil D'Silva)


© Reuters 2021
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Financials (USD)
Sales 2021 473 B - -
Net income 2021 25 109 M - -
Net cash 2021 66 658 M - -
P/E ratio 2021 70,6x
Yield 2021 -
Capitalization 1 678 B 1 678 B -
EV / Sales 2021 3,41x
EV / Sales 2022 2,82x
Nbr of Employees 1 298 000
Free-Float 81,9%
Chart AMAZON.COM, INC.
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Amazon.com, Inc. Technical Analysis Chart | AMZN | US0231351067 | MarketScreener
Technical analysis trends AMAZON.COM, INC.
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 54
Average target price 4 034,17 $
Last Close Price 3 400,00 $
Spread / Highest target 52,9%
Spread / Average Target 18,7%
Spread / Lowest Target 8,82%
EPS Revisions
Managers and Directors
NameTitle
Jeffrey P. Bezos Chairman, President & Chief Executive Officer
Brian T. Olsavsky Chief Financial Officer & Senior Vice President
Patricia Q. Stonesifer Independent Director
Thomas O. Ryder Independent Director
Jonathan Jake Rubinstein Lead Independent Director
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