Thursday, April 25, 2013

How Banks Became Too Big to Fail

The Motley Fool
My Fool Daily
APRIL 25, 2013
HEADLINE OF THE DAY
How Banks Became Too Big to Fail
Banks are too big to fail because we -- or, more accurately, our representatives in Washington with the help of the financial industry's lobbyists -- made them that way. Here's exactly how it happened.
Click here to read more.
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Ford Is Exporting Its Success to Europe
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By Matt Koppenheffer
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For all the news on the companies you care about, click over to www.MyWatchlist.com.
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AMZN: More on Amazon: Gross margin +260 bps Y/Y to...

4:31 PM More on Amazon: Gross margin +260 bps Y/Y to 26.6% (it rose 340 bps Y/Y in Q4 to 24.1%). North America sales growth rose to 26% Y/Y (23% in Q4), international down to +16% (+21% in Q4), hurt a bit by forex. 58/42 split between NA and international sales. Media sales +7% (+8% in Q4) and 31% of total, electronics & other merchandise +28% (same as Q4) and 64% of total. "Other" NA revenue (dominated by AWS) +64% to $750M. Fulfillment spend +39% (+36% in Q4), marketing +32% (+43% in Q4), technology/content +46% (+56% in Q4). Free cash flow for last 12 months is $1.58B (exc. Seattle HQ purchase). AMZN +2.2% AH. (PR) Read comments

AMZN price at time of publication: $279.92. Check AMZN price now »

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