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Wednesday, October 25, 2006

Media Digest 10/25/2006 Reuters, Wall Street Journal, New York Times

According to Reuters, Amazon beat revenue forecasts and earnings sending its stock up 14%.

Reuters writes that Honda's Q2 net dropped 4.3%

Reuters reports that Microsoft will defer $1.5 billion in revenue due to a coupon promotion for Vista, its new operating system.

Reuters writes that Wal-Mart plans to make fewer and much larger orders from suppliers.

The Wall Street Journal reports that the Big Three inventory on car lots may be a much larger problem for them that was previously thought.

The Wall St Journal also writes that the family that runs Clear Channel may want to take it private.

The New York Times reports that Wal-Mart's CEO believes that part of the company's problem is that it tried to become "to trendy".

The New York Times also writes that the net at BellSouth rose by one-third in the latest reported period.

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