Wednesday, April 26, 2006

Selected News Feeds - Amazon.com Profit Falls 35 Percent on Spending; Shares Advance on Forecast

Apr. 25 (Bloomberg) -- Amazon.com Inc., the world's largest online retailer, said first-quarter profit fell 35 percent after increasing spending. The shares rose as much as 6.4 percent after the company raised its sales and profit forecast for the year.

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