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Amazon Delivers on Revenue but Not on Profit

The company reported net income of $7 million, or 1 cent a share, on sales of $12.8 billion. It was less profit than analysts had estimated, but the revenue was in line with forecasts.

 

The New York Times Co. Posts a Loss

The New York Times Company reported a second-quarter loss on Thursday because of a write-down in the value of About.com and continuing declines in print and digital advertising revenue.

Senh: They gave lots of numbers, but no specific number on how much they make from digital subscriptions. Sure, they said the number of subscribers went up, but how much are they making from it.

 

AOL: Time To Bottom Fish?

AOL shares have been under serious selling pressure for weeks now, thanks in part to a weaker-than-expected Q2 financial report that added to the Street?s growing concerns about whether the company?s turnaround strategy is actually going to work. The stock, which as recently as early July was north of $20, lately has been struggling to ...

 

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