Article: earnings roundup Toyota zooms out of the gate fast, beating GM in first-quarter sales bizworld.(Business)

Amazon.com Inc

29% increase

The Internet retailer said Wednesday its profit rose 29 percent, helped by solid sales. Earnings beat analysts' estimates and climbed to $143 million from $111 million in the same period last year. Revenue increased 37 percent to $4.14 billion. North America sales rose 31 percent to $2.13 billion. International sales grew 44 percent to $2.01 billion.

Ambac Financial

swings to loss

The bond insurer posted a steep loss as turmoil in the bond market pummeled the value of many of its deals. Ambac lost $1.66 billion in the quarter, compared with profit of $213.3 million a year ago. The performance fell ...

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