Amazon.com 3Q profit skyrockets
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Web retailer Amazon.com Inc. said Tuesday that its third-quarter profit more than quadrupled as shoppers around the world bought more books, music, electronics and other goods than they did in the same period a year ago.
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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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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.
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Service engine maker Cummins Inc. on Wednesday said that third-quarter profits more than quadrupled - beating both its own guidance and Wall Street estimates - and full-year earnings would also exceed previous expectations.
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INTERNET media bellwether Yahoo&#39;s third-quarter earnings more than tripled, helped by profit booked from the sale of Google shares into the search engine&#39;s recent flotation and stronger advertising revenues.
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Shares of Amazon.com Inc. dipped below a 52-week low in intraday trading Friday after the online retailer reported third quarter profits that tripled, but fell short of Wall Street estimates.
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If you&#39;ve been eyeing Amazon.com (AMZN), you may wonder what got into the online heavyweight over the holidays. Shares shot up 8.5%, or $3.32, on the first trading day after Christmas, as Amazon said it logged a record 2.8 million orders in a single day.
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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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Shares of Amazon.com Inc. fell 9 percent Friday after the online retailer reported third-quarter profits that tripled, but fell short of Wall Street estimates.
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Shares of Amazon.com Inc. rose nearly 9 percent Monday after the online retailer said it recorded its best holiday season ever.
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Amazon.com Inc  on Friday said its board authorized the repurchase of up to $1 billion of the company's common stock over the next two years, and its shares rose 3.2 percent before the bell.
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Revenue rises impressively in the eatery's third quarter.
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Amazon.com Inc.  posted on Thursday a quarterly profit that fell 51 percent but still beat analysts' expectations, helped by healthy holiday sales of electronics.
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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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SBC Communications  on Thursday reported a higher third-quarter operating profit as growth in sales of long distance and high-speed Internet service outweighed declines in local phone customers.
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Shares of Adobe Systems Inc. rose more than 3 percent in the extended session after the software company reported better-than-expected third-quarter profit.
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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.