Amazonâs Profit More Than Doubles
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The fourth quarter, which includes the critical holiday shopping season, is reliably the companyâs strongest period, and this year proved no different.
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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 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.  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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Amazon.com Inc. AMZN.O 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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Profits got a boost despite sluggish sales from the challenging environment.
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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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Online retailer Amazon.com  on Tuesday reported operating profit margins that concerned some analysts despite a sharp rise in quarterly earnings, and its shares fell 9 percent.
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Amazon.comâs profits are paying the price for higher taxes and heavy spending during the holiday months.
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Online retailer Amazon.com on  Tuesday reported operating profit margins that concerned some  analysts despite a sharp rise in quarterly earnings, and its  shares fell 9 percent.
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Online retailer Amazon.com Inc  AMZN.O on Thursday posted a higher quarterly profit, fueled  by strong international sales and its free shipping offer.
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Yahoo Inc. reported yesterday that its profit more than tripled in the third quarter as the Internet service recorded substantial increases in advertising and a giant gain from the sale of part of its stake in rival Google Inc.
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The world&#39;s biggest mining group, BHP Billiton, says its second-half net profit has more than doubled on strong demand for industrial raw materials and forecast sustained high prices for commodities.
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Shares of online retailer Amazon.com Inc rose more than 2 percent on Wednesday after the company said the 2007 holiday season was its strongest to date.
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The data storage vendor said second-quarter profit rose to $334.4 million as it recorded double-digit sales gains at its biggest businesses.
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Investors are wowed by the firmâs first quarterly earnings report since it became a publicly-owned company, which showed sales and profit more than doubled in the third quarter.
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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.