Author Topic: Amazon profit up, margins squeezed  (Read 396 times)

Offline Josetann

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Amazon profit up, margins squeezed
« on: January 30, 2008, 06:36:00 PM »
Shares fell about 3.5 percent after quarterly earnings came in ahead of Wall Street targets, but profit margins declined.   Amazon.com 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.  Shares of...

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