Amazon profit margins squeezed
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Amazon.com Inc posted a decline in profit margins on Wednesday as the cost of discounting overshadowed a robust rise in quarterly earnings and a bullish 2008 sales view above Wall Street targets.
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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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Amazon.com Inc. reported net sales of $1.46 billion in its third quarter, while Google reported $805.9 million in revenue, an increase of 105% over the same quarter last year.
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Recent technical glitches have stopped some holiday shoppers from completing purchases at Amazon.com Inc. (AMZN.O: Quote, Profile, Research) , but the Web retailer&#39;s
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The market's shown mixed feelings for Amazon over the past year.
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Amazon.com Inc. AMZN.O on  Thursday posted a higher quarterly profit on strong  international sales but its stock fell more than 4 percent as  the results from the online retailer failed to top Wall Street  expectations.
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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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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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Online retailer Amazon.com  posted a sharp rise in third-quarter net profit on Tuesday, helped by robust domestic and international sales and the latest Harry Potter book.
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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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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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Web retailer Amazon.com warns profit growth over the next three months will slow despite a strong Christmas.
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Costco Wholesale Corp. , the  largest U.S. warehouse club operator, on Wednesday posted  lower-than-expected quarterly profit, hurt by higher taxes and  soaring oil prices that pressured margins at its gas stations.
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Europe's leading carmakers are facing a profit margin squeeze in the coming year as soaring raw materials costs look set to outstrip any price rises the companies can force through in what remains a consumer-led market, analysts said.
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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.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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Sales rise, but earnings and margins are on the fritz.