Tuesday, January 31, 2012

BREAKING NEWS: Amazon Posts Mixed 4Q Results, Shares Sink After Hours

After the bell on Tuesday, Amazon said it earned 38 cents a share, excluding items, on revenue of $17.43 billion. Analysts were expecting Amazon to post earnings of 17 cents a share on sales of $18.25 billion. The stock is down about 9% in after-hours trading.


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