The Traderszone Network

Published in TZ Latest News 29 January, 2015 by The TZ Newswire Staff

AWS move, disclosure suggest Amazon yielding more to Wall Street

After years of giving investors the cold shoulder, Amazon.com Inc (AMZN.O) is starting to warm up to Wall Street. The No. 1 U.S. online retailer was unusually forthcoming during its fourth-quarter earnings call on Thursday, saying it will break out results this year, for the first time, for its fast-growing cloud computing unit, Amazon Web Services. “The team … is putting even more energy around making sure we get great productivity around our various fixed and variable investments,” Chief Financial Officer Tom Szkutak told reporters on a conference call.

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