Ron Burgundy Posted October 23, 2014 Share Posted October 23, 2014 By Deepa Seetharaman SAN FRANCISCO (Reuters) - Amazon.com Inc's sales projections for the crucial holiday quarter disappointed Wall Street and third-quarter results missed forecasts, sending the online retailer's shares 9 percent lower on Thursday. After an unusually busy first half of the year that saw the online retailer spend on developing everything from mobile phones and Hollywood-style production to grocery deliveries, investors were ready to see it curtail its ambitions and start delivering sustainable profits. ... View the full article Quote Link to comment Share on other sites More sharing options...
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