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Transcripts For KQED Nightly Business Report 20161028

Quarterly results late today. We begin with amazon and its big earnings miss, not coming anywhere near where wall street was expecting. And one reason was a sharp rise in the ecommerce companys shipping costs which rose more than 40 . Other expenses included investments in new Growth Markets like fashion and beauty. Here are the numbers. Amazon earned 52 cents a share. Wall street was looking for 78 cents. Revenue rose 29 from a year ago to 32 billion. But its Sales Guidance wasnt as strong as some would have liked. That sent shares lower in initial after hours trading. Heres the onekey takeaway from amazons results. Reporter over the last two quarters, amazon has blown earnings expectations out of the water. When it came up short this time, the stock went lower in the after hours. Amazon was expected to make a killing in the ecommerce space during the allimportant Holiday Shopping season but its outlook fell a little short. On the bright side, its ecloud business continues to grow at

Transcripts For KQED Nightly Business Report 20161028

Quarterly results late today. We begin with amazon and its big earnings miss, not coming anywhere near where wall street was expecting. And one reason was a sharp rise in the ecommerce companys shipping costs which rose more than 40 . Other expenses included investments in new Growth Markets like fashion and beauty. Here are the numbers. Amazon earned 52 cents a share. Wall street was looking for 78 cents. Revenue rose 29 from a year ago to 32 billion. But its Sales Guidance wasnt as strong as some would have liked. That sent shares lower in initial after hours trading. Heres the onekey takeaway from amazons results. Reporter over the last two quarters, amazon has blown earnings expectations out of the water. When it came up short this time, the stock went lower in the after hours. Amazon was expected to make a killing in the ecommerce space during the allimportant Holiday Shopping season but its outlook fell a little short. On the bright side, its ecloud business continues to grow at

Transcripts For KQEH Nightly Business Report 20161028

Quarterly results late today. We begin with amazon and its big earnings miss, not coming anywhere near where wall street was expecting. And one reason was a sharp rise in the ecommerce companys shipping costs which rose more than 40 . Other expenses included investments in new Growth Markets like fashion and beauty. Here are the numbers. Amazon earned 52 cents a share. Wall street was looking for 78 cents. Revenue rose 29 from a year ago to 32 billion. But its Sales Guidance wasnt as strong as some would have liked. That sent shares lower in initial after hours trading. Heres the onekey takeaway from amazons results. Reporter over the last two quarters, amazon has blown earnings expectations out of the water. When it came up short this time, the stock went lower in the after hours. Amazon was expected to make a killing in the ecommerce space during the allimportant Holiday Shopping season but its outlook fell a little short. On the bright side, its ecloud business continues to grow at

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