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PE HUB Second Opinion

Amazon is back in the black, reporting its largest ever quarterly profit—$513 million.

Comcast announced that its NBCUniversal unit is buying DreamWorks Animation for $3.8 billion in cash, as the company seeks to emulate Disney’s content-acquisition strategy.

Carl Icahn sold all his Apple shares since the start of the year, out of concern that “China could be a shadow for it,” though he says the stock is still cheap.

New York Times CEO Mark Thompson is facing a multimillion-dollar class action lawsuit alleging “deplorable discrimination” at the newspaper.

Struggling retailers acquired by private equity firms, like Sports Authority, have been furthered burdened by buyout debt, driving several towards bankruptcy.

Priceline CEO Darren Huston has resigned, effective immediately, over a personal relationship with an employee.

Google founders Larry Page and Sergey Brin have passed the torch of the company’s annual Founders’ Letter to CEO Sundair Pichai.

Photo: Billionaire activist-investor Carl Icahn gives an interview on FOX Business Network’s Neil Cavuto show in New York February 11, 2014.  Icahn has backed off from his campaign urging Apple to increase its stock buybacks, citing the company’s recent repurchases as well as an influential proxy adviser’s call against his proposal. REUTERS/Brendan McDermid