Amazon.com Tumbles

Qwest and MCI reportedly in merger talks; Royal Dutch-Shell net income rises; plus more of Thursday's stocks in the news

Amazon.com (AMZN ) posted 82 cents, vs. 17 cents fourth-quarter earnings per share on a 31% revenue rise. The online retailer sees $1.80 billion to $1.95 billion in first-quarter sales and $80 million to $110 million in operating income, down 0% to 28% from the first quarter of 2004. It sees $8.05 billion to $8.65 billion in 2005 sales. CSFB downgrades the stock. S&P keeps hold.

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