Amazon spending threatens 1st-quarter profit

SAN FRANCISCO (Reuters) - Amazon.com Inc warned of a possible operating loss in the first quarter following a sharp drop in fourth-quarter profit, a sign that the online retailer will keep spending heavily on expansion at the expense of short-term returns.

Source: http://feeds.reuters.com/~r/reuters/topNews/~3/XDYSaOPIwhE/us-amazon-idUSTRE80U26X20120201

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