CORRECT: Amazon profit doubles as sales jump, beating forecasts

4:30 pm ET Apr 24, 2007

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CORRECT: Amazon profit doubles as sales jump, beating forecasts

SAN FRANCISCO
Amazon.com Inc., the world's largest Internet retailer, late Tuesday
reported that first-quarter profit more than doubled and sales jumped
32% as the Seattle-based company sold more goods through its Web site.

Market Snapshot: Stocks end mixed after bleak housing, confidence data

NEW YORK
U.S. stocks closed mixed Tuesday, after the Dow Jones Industrial Average
spent the session flirting with, but not overtaking, the 13,000 level.

Former Apple CFO says Jobs was warned of options dates

SAN FRANCISCO
Two former Apple Inc. executives were charged with illegally backdating
stock options by the Securities and Exchange Commission on Tuesday,
though one is looking to shift some blame back on company founder Steve
Jobs.

Economic Report: Home prices fall at fastest rate in 13 years

WASHINGTON
U.S. home prices continued to fall in February, with prices down 1.5% in
10 major cities compared with a year ago, according to the
S&P/Case-Shiller home price index released Tuesday.