Amazon stock drops, but brokers raise targets
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Shares of Amazon.com Inc  plunged 15 percent on Wednesday, depressing the overall market and delivering a rude wake-up call to investors whose hopes for the online retailers' sustained profit performance had more than doubled share prices since January.
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U.S. stocks are seen lower at the  market's open on Wednesday after crude oil pushed to a fresh  high overnight and Google Inc. slashed its initial public  offering price, which appeared to dampen investor sentiment.
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Amazon.com Inc.  on Wednesday posted a quarterly profit that missed Wall Street estimates and it unveiled a costly new shipping program that heightened concern about falling margins, sending its shares tumbling 14 percent.
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Online retailer Amazon sees quarterly profits halve, after higher taxes and investment over the holiday period.
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Amazon.com Inc. AMZN.O on  Thursday posted quarterly earnings that more than tripled on  strong international sales but offered an outlook for the  current quarter and next year that was below the more bullish  analyst forecasts, sending its stock down 8 percent.
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U.S. stocks fell on Friday, with major indexes sliding 1 percent, after bellwether stocks, including Caterpillar Inc.  and Google Inc , posted disappointing earnings.
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Shares of Amazon.com AMZN.O fell more  than 16 percent on Thursday after the online retailer reported  earnings that fell short of analysts estimates and raised  concerns the company was focusing more on sales than profits.
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Shares in online retail Amazon fall 13% after its fourth quarter profits fail to meet market expectations.
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U.S. stocks fell on Friday, with the Dow and the Nasdaq down more than 1 percent, after bellwether stocks Caterpillar Inc.  and Google Inc  posted disappointing earnings.
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No magical effect on profits though Amazon beat the Street's expectations for its third quarter but still seemed to disappoint traders yesterday. Shares fell sharply in after-hours trading after rising more than ten per cent during the day.â¦
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Amazon.com Inc  on  Wednesday issued quarterly earnings and full-year sales  forecasts ahead of Wall Street targets, but profit margins  declined in what one analyst called a disappointment.
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U.S. stocks fell on Monday, with tech shares giving back recent gains as a brokerage downgrade hit shares of Apple Computer Inc.  and a legal battle hurt chip maker Qualcomm Inc. .
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OCTOBER 22, 2004 (IDG NEWS SERVICE) - Amazon.com Inc. fell a penny short of analysts&#39; per-share earnings expectations, while reporting net sales of $1.
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Amazon.com Inc. said Thursday its fourth-quarter earnings fell 51 percent from a year ago in the all-important holiday season, hurt by higher tax-related charges. The Internet retailer's results were just ahead of Wall Street's expectations.
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Amazon.com Inc. AMZN.O on  Thursday posted quarterly earnings that more than tripled on  strong international sales but offered an outlook for 2005 that  was below the more bullish analyst forecasts, sending its stock  down 8 percent.
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Amazon.com Inc posted a decline in  profit margins on Wednesday as the impact of its discounting  overshadowed quarterly earnings and a sales forecast that  topped Wall Street targets.
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Web retailer Amazon.com Inc. said Tuesday that its third-quarter profit more than quadrupled, and its shares topped $100 in regular trading, but the stock fell back to $90 as concerns over margins overshadowed an otherwise strong quarter.