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For the third quarter, the company expects to see sales between $10.3 to $11.1 billion.
Amazon.com (NASDAQ:AMZN) reported Q2 EPS of $0.41 after the market closed today, topping consensus estimates for $0.35. Net sales for the quarter increased 51% year over year to $9.91 billion, also ahead of estimates for $9.37 bil
The problem has not been identified, but some believe it is due to a screen scratching issue. The site continues to sell the console from other merchants and private sellers.
Amazon.com (NASDAQ:AMZN) has a potential upside of 2.5% based on a current price of $214.36 and an average consensus analyst price target of $219.72.
Amazon (NASDAQ:AMZN) has temporarily put on hold sales of the Nintendo 3DS as Amazon works to fix a problem with the console, Electronista reports.
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From FNNO.com, this is the Financial News Network. I’m Cleo
Stiller-Farrell and this is your Midweek Market Wrap Up. The British
Bankers’ Association, which has the supervisory role of setting the
influential Libor rates, announced that it would be willing to give up
its...
The Wall Street Journal reports that home prices showed their best year-to-date gains since 2005, up 5.9% through July, signaling the housing market's steady march toward recovery. Also from the Wall Street Journal, IBM (IBM) will increase its efforts to sell so-called cloud computing services...
CEO Marissa Mayer is bringing in some more new blood to Yahoo!, tapping Ken Goldman as the company's new Chief Financial Officer. Goldman's appointment will take effect on October 22nd.
Goldman served as CFO at his most recent employer, Fortinet, having worked at Siebel Systems, Sybase,...
