Global Market Reports

US newspaper round-up: Amazon, Lehman Bros, US GDP...

Date: Friday 27 Apr 2012

Amazon.com Inc's aggressive spending translated into another quarter of outsize growth. The Seattle-based Internet retailer said profit for its first quarter dropped 35% to $130m from a year earlier, as operating expenses outstripped revenue growth. Amazon has been shelling out hundreds of millions of dollars to build new warehouses, develop new...

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