Amzn: Amazon's Profit Down As Spending Outpaces Sales Growth

Amazon is going to launch in India next year, the Times of India reports. According to the report, Amazon in talks with various local players about acquisitions but plans to set up its own operations there anyway.Amazon.com Inc. (Nasdaq:AMZN) beat estimates and was trading up more than 4.5 percent in after-hours trading. Before reporting results, the online retailer ended the day up 0.32 percent, or $0.69, to $214.18. Netflix Inc. (Nasdaq:NFLX) reported a niceAmazon.com Inc. (NASDAQ:AMZN) is

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