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Wipeout at Amazon.com
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Updated from 4:33 p.m.
Amazon.com (AMZN Quote) shares tumbled 8% after fourth-quarter sales missed Wall Street's expectations.
The Seattle-based online retailer made $199 million, or 47 cents a share, down from the year-ago $347 million, or 82 cents a share. The company said earnings for the quarter ended Dec. 31 were aided by a $38 million tax benefit related to deferred tax assets, down from a $239 benefit in the year-ago period. ...
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