Amazon has new shipping deal; profits miss forecast
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Amazon.com\\'s sales surged during the holiday season, and profits climbed, too, mainly because of a tax break. But the online retailer\\'s profit fell a few pennies a share short of Wall Street\\'s expectations for a third-consecutive quarter, and investors drove its shares down  in after-hours trading.
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Shares of Amazon.com Inc. posted a second day of gains Tuesday after a Bear, Stearns &amp; Co. analyst upgraded the stock on expectations that the company will benefit from a growing Internet retail market.
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Amazon.com Inc.  shares fell  to a more than three-year low on Wednesday a day after the  retailer reported lower second-quarter earnings and cut its  outlook for the year, citing stepped-up investment in its toy  business and lower prices on many products.
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Company provides few details on outage, which came two days after online retail giant Amazon.com Inc.'s Web site faced significant performance problems.
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SAN FRANCISCO - Amazon.com Inc. unveiled the new version of its Web search service on Wednesday in a move that could portend a long-anticipated clash between online retailers and search providers like Google Inc.
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Amazon.com Inc reported on Tuesday a drop in profit margins from the previous quarter, unpleasantly surprising investors betting on continued improvement at the world's largest Web retailer, and its shares fell 9 percent.
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Amazon begins selling storage, computing power and other behind-the-scenes data center services. Its new web services may keep the company strong if an economic downturn hits retailers.
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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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Amazon.com's gearing up for Harry Potter at the perfect time.
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By Elizabeth M. Gillespie  Amazon.com Inc. launched a digital video downloading service Thursday, ending months of speculation that the Internet retailer would be getting into the online TV and movie business.
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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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By JESSICA MINTZ SEATTLE - Amazon.com Inc. has taken more than a million pre-orders for the final &quot;Harry Potter&quot; book due out in July, but the world's largest Web retailer won't make a profit, Chief Executive Jeff Bezos told shareholders at the company's annual meeting Thursday.
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United Parcel Service Inc.  said on Thursday its quarterly profit rose but missed expectations as shortfalls in its U.S. package business and rising fuel prices offset strength internationally.
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Amazon.com Inc (AMZN.O: Quote, Profile, Research) on Thursday posted a higher quarterly profit but its stock fell more than 4 percent as the online retailer&#39;s results failed to top Wall Street expectations.
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No thanks to Harry Potter No surprise here: Amazon is selling more stuff than ever. Today, the world's most famous online retailer announced second quarter profits of $78m, a 257 per cent leap from the same quarter last year, and net revenues of $2.88bn, a 35 per cent increase.â¦
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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 has 10 days to start charging for the delivery of books, which should allow the company to maintain the offer through the end-of-year gift-giving season.