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Amazon Shares Surge on Strong Results

SEATTLE – Amazon.com’s (AMZN) shares surged more than 11 percent Wednesday after the Internet retailer reported brisk sales and a jump in operating profit for the latest quarter. Its shares rose $4.27, or 11.3 percent, to $42.01 on the Nasdaq Stock Market (search). That put them near the upper end …

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Court: Convict's Firm Aided Rep. Cunningham

SAN DIEGO – A company linked to a New York businessman who was convicted in a bid-rigging scheme helped Rep. Randy “Duke” Cunningham (search) finance his Arlington, Va., condominium, court records show. Coastal Capital (search) financed the $150,000 mortgage on Cunningham’s two-bedroom condominium, according to records on file with the …

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Travel Stocks Down, Security Shares Up After Blasts

NEW YORK – Shares of major airlines and hotels fell while security-related companies jumped sharply Thursday in the wake of morning rush-hour blasts that rocked the London subway system, killing at least 33 and injuring more than 350. Shares of AMR Corp. (AMR), the parent of American Airlines, slipped by …

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