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BREAKING NEWS

Amazon.com Reports Quarterly Sales Up 26 Percent

Internet retailer Amazon.com today announced financial results for its second quarter, showing net sales up 26 percent and operating income more than doubling over the same quarter last year -- but the figures were below Wall Street's expectations. At the same time, the Seattle-based company project...

BREAKING NEWS

DreamWorks To Split Off Animation Unit in IPO

DreamWorks today filed a registration statement with the Securities and Exchange Commission announcing it intends to make an initial public offering of shares in, and split off, its animation unit, DreamWorks Animation. The studio, formed in October 1994 by Steven Spielberg, Jeffrey Katzenberg and D...

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