Our record third-quarter retail earnings were fueled by industry-leading comparable-store sales and illustrate our ability to execute in this market sector,

We were obviously disappointed by sales for this holiday season, particularly because we had been outperforming the retail sector as a whole for the previous nine months,

The good news is that sales for January seem to be right on track with our previous forecast of 4 percent -- not enough to make up for the holiday shortfall, but a good sign nonetheless,

We believe Steve is one of the most visionary, experienced and capable leaders in the world of e-commerce.

By terminating the acquisition, we now have available the $600 million for other strategic investments and acquisitions,

The joy of an afternoon at the races now means being in the owner's box of a very empty racetrack.