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Amazon 3Q Earnings Miss Estimates

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  • Description

    FBN’s Adam Shapiro breaks down Amazon’s third-quarter earnings results.

  • Duration 0:54
  • Date

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I'm -- severely the year Fox Business -- third quarter earnings from Amazon.com.

Miss the mark earnings for the online retailer fell ten cents shy of expectations of fourteen cents a share.

Revenue also came in well below forecasts at ten point eight billion dollars.

Shares plunging roughly 18% in after hours trading on the flip side shares of Panera Bread are soaring after posting a double B during the third quarter.

Earnings beat expectations by three cents and came in -- 97 cents a share revenue also came in higher at 453.

Point one million dollars.

Tech heavyweight IBM announced a major management change according to the Wall Street Journal Virginia -- and he's been elected.

As big -- president CEO she replaces Samuel Palmisano.

Who will remain on as chairman changes go into effect January 1 that's the latest from the Fox Business Network giving you the --

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