Archive for the 'Amzn' Category

AMZN stock plummets. Earnings disappoint.

Tuesday is going to be full of major earnings reports, two of which are DJIA components. These are not the only major earnings, but ten we will be watching clos. BEIJING (TheStreet) — Shares of Amazon.com (AMZN) slid as much as 10% in afterhours trading following its release of disappointing fourth-quarter results on Tuesday. The [...]

Amazon (AMZN) Drops on Lackluster Outlook after Q4 Earnings Tops Estimates on …

NEW YORK — Shoppers spent more money online this holiday season than ever before, and yet, Amazon _the world's largest Internet retailer_ failed to meet Wall Street's sales expectations with its latest financial results. Amazon.com, Inc. (AMZN) is falling over 9 percent to $176.54 as the company's fourth quarter profit declined from the year-ago quarter. [...]