Amazon.com Plunges, Broadcom Soars

Before you go, we thought you'd like these...
Before you go close icon

At The Motley Fool, we know our readers like to be informed. Here's a quick look at today's most relevant financial news, boiled down to what you need to know. In today's video, we cover the following:

  • After reporting fourth-quarter earnings, Amazon.com (NAS: AMZN) leaves shareholders wanting more. The e-retailer's profit fell 57% on high operating costs.
  • Chip maker Broadcom (NAS: BRCM) had better-than-expected earnings and increased its dividend, despite drops in net income and revenue. A bright spot was its new deal with Nokia (NYS: NOK) , which will include Broadcom chips in its new 3G phones.
  • Revenue from AOL's (NYS: AOL) dial-up services continued to fall. However, sales from display ads increased by 10% during the period.

For many companies, performance abroad is a major concern in the year ahead. That's why I encourage you to read this special free report from The Motley Fool, which highlights three stocks that are driving profits in emerging markets, titled: "3 American Companies Set to Dominate the World." To get your free copy now, click here.

Disclosure: DailyFinance is published by AOL.

At the time this article was published Fool contributor Tamara Rutter does not own shares of any companies mentioned in this video series. Follow her on Twitter for more Foolish news @TamaraRutter. The Motley Fool owns shares of Amazon.com. Motley Fool newsletter services have recommended buying shares of Amazon.com. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Read Full Story

Want more news like this?

Sign up for Finance Report by AOL and get everything from business news to personal finance tips delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.

From Our Partners