Amazon CEO Touts Kindle Prospects

Stock quotes in this article: AMZN , BGP  

On Tuesday, bookstore chain Borders(BGP Quote) said it was ending its seven-year relationship with Amazon, reverting to its previous model of selling books online on its own.

Borders had partnered up with Amazon in 2001 after failing to turn a profit on the Internet.

Shares of Amazon were recently down 1.3%, or $1.04, to $79.58.

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