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Analyst: Amazon stock to hit $1,275 per share in 2018
Amazon is the "best long-term growth story available to investors today." But don't expect the company to generate meaningful profits anytime soon. That's according to MKM Partners managing director Rob Sanderson who, on Tuesday, raised his price target on the online giant's stock to $1,275 per share, up from $1,095. -
Toys ‘R’ Us in key appointment
Toys "R" Us named Mark Johnson executive VP, U.S. marketplace operations, effective immediately. Johnson had been serving as interim executive VP, store operations since May. He joined the company in October 2014 as regional director for stores before being promoted to VP of operations, strategy and execution in 2015.

