Amazon profit drops as costs bite earnings in move to expansion
Amazon.com reports a 33 percent drop in net income as higher warehousing and technology investments weigh on profits. The Santa Francisco based retailer cites stronger revenue and expanded operations, with management arguing that bigger investments are needed to sustain growth amid competitive pressure.
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Grain futures slip on CBOT trading July contracts fall
Grain futures on the Chicago Board of Trade mostly declined Tuesday with July delivery corn futures edging lower at 8.472 dollars per bushel and soybeans slipping to 13.8925 dollars. July wheat rose to 7.727 dollars while July oats fell to 42 dollars per bushel. The desoncated Pres.
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Hogs Prices Mixed at Peoria Stockyards Trading Slows
At Peoria Stockyards hogs traded moderately with barrows and gilts 50 lower. 1 2 loads at 230 to 260 pounds brought 63.50 to 64.00. 2 3 loads at 270 to 280 pounds moved 62.00 to 63.50. Sows held steady with 300 to 400 and 400 to 500 pound lots at 48.00, 500 to 700 pounds at 5.30. Boars over 300 pounds: 21.00. under 300 pounds: 3.00.
Fragmented OCR Item on Fats Woe and Seo G2 Aao
A damaged OCR fragment mentions Fats Woe and Seo G2 Aao with unclear context and no coherent details. The readable words offer no identifiable event date location or involved organizations. The piece lacks sufficient data for a proper summary.
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