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ID: 35033
Title: Yahoo! News: Business Yahoo! News Amazon raises '07 estimates, shares up (Reuters)
Description: Business

A worker collects products for shipment to customers at the Amazon.com warehouse facility in New Castle, Delaware, November 24, 2006. Amazon.com on Tuesday said that quarterly net profit more than doubled, topping Wall Street expectations, helped by a lower tax rate and a 32 percent jump in net sales, and shares rose over 10 percent after hours. (Tim Shaffer/Reuters)Reuters - Online retailer Amazon.com said quarterly net profit more than doubled, helped by a lower tax rate and robust sales, and raised its earnings and sales outlook for the year.
Category: Business/
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Date Added: April 25, 2007 12:05:28 AM
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