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Amazon Says It Has Nothing To Do With Peloton Rival's 'Prime Bike,' Stops Sale
Wednesday, September 23, 2020 - 4:19am | 319Read More...Amazon.com, Inc (NASDAQ: AMZN) has stopped the sale of an exercise bike manufactured by the fitness firm Echelon, which was dubbed by some as the “Prime Bike,” Forbes reported Tuesday. What Happened: The Jeff Bezos-led company told Forbes that the $499 exercise bicycle “is not an...
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Amazon Takes On Peloton With Connected Fitness Prime Bike
Tuesday, September 22, 2020 - 9:38am | 519Read More...[Update: Amazon has since denied any involvement with Echelon's fitness bike. Original story below.] Amazon.com Inc. (NASDAQ: AMZN) is launching a partnership with Echelon for a new low priced fitness bike. What Happened: Echelon is launching the Amazon exclusive EX-Prime Smart Connect...
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Jefferies Raises PT On Echelon To $10
Friday, February 11, 2011 - 9:46am | 26Read More...Jefferies & Company has raised the price target on Echelon (NASDAQ: ELON) from $9 to $10 and maintains its Hold rating.
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Jefferies Reiterates Hold on Echelon (ELON)
Monday, February 7, 2011 - 9:04am | 118Read More...Jefferies is out with its report today on Echelon (NASDAQ: ELON), reiterating Hold and a $7 PT. In a note to clients, Jefferies writes, "The company is moving into full deployment mode with Fortum in Finland and we believe the Duke Ohio deployment is at ~30%. These two projects will be drivers of...
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Echelon's New CEO And Strong Quarter Elicit Strong Future
Thursday, November 4, 2010 - 7:07am | 149Read More...Deutsche Bank has published a research report on Echelon Corporation (NASDAQ: ELON) and starts looking towards the future with Echelon's guidance estimates. In the report, Deutsche Bank writes "Echelon reported 3Q GAAP EPS of -$0.19 ($0.01 above DB and the Street; guidance was -$0.23 to -$0.20)....
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Echelon Introduces ECoS Platform
Thursday, September 9, 2010 - 9:39am | 141Read More...Echelon Corporation (NASDAQ: ELON) introduced ECoS (Echelon Control System), an open application framework that provides utilities at "neighborhood" level, with built in applications as well as an SDK for third party apps that can be purchased as needed, like a smartphone, JP Morgan reports. The...
