Tuesday, July 24, 2007

Amazon.com Q2 net profit jumps, shares up

(Reuters) - LOS ANGELES, July 24 - Amazon.com Inc. posted quarterly net profit on Tuesday that leaped a surprising 250 percent as sales rose 35 percent and subscriptions to the online retailer's discount shipping program accelerated, sending shares up 12 percent after-hours.



The company also raised its forecast for full-year sales.


Read more at Reuters.com Market News

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