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RANsquawk US Market Wrap - 26/04/12
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BREAKING NEWS Amazon.com 1Q EPS, Rev. Beat Est.; Shrs Surge
.28 cents, stock surges $20 to $218....the world is totaly insane.
Agree. EPS, net income are down Y/Y yet shares up by 10%. Who cares about the revenue if net income is declining?
Bloomberg News: Cut Social Security and Food Stamp Payments to Help the Economy.