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Reuters: Asset sale boosts Amazon profit, shares rise

Started by chris, July 24, 2008, 02:41:10 AM

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chris

Asset sale boosts Amazon profit, shares rise
      


SAN FRANCISCO (Reuters) - Amazon.com Inc's  quarterly profit doubled and beat expectations, helped by an asset sale gain, and 41 percent sales growth indicated to Wall Street that cost-conscious shoppers are heading online to save.
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