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Thursday, December 29, 2011

AMZN - 170.00 DEC Call

































7:22 AM Goldman's Heather Bellini suggests Amazon (AMZN) could miss consensus revenue forecasts of $18.19B (up 40%). The firm however, maintains its Neutral rating and $190 price target.

9:18 AM Amazon (AMZN) proclaims 2011 "the best holiday ever for the Kindle family," with sales of more than 1M of the devices/week throughout December, led by the new "Fire." The company also notes the success of its Direct Publishing program, with the #1 and #4 best-sellers on Kindle both published independently by their authors. Shares -2.7% premarket as Heather Bellini warns on the company's Q4 revenue.