News Summary: Amazon meets tiny 2Q profit estimate

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A PENNY PER: Online retailer Amazon.com Inc. matched Wall Street’s second-quarter profit forecasts for a penny per share. Shares rose about 1 percent in after-hours trade.

COSTLY WAREHOUSES: The company says profits are being hurt by the losses related to a warehouse technology company it purchased called Kiva Systems Inc. It is also building out fulfillment centers ahead of the holidays.

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