The third-party call centers it had hired used high-pressure sales tactics to sell consumers add-on features to their credit cards but misled them about the benefits.
Amazon.com (AMZN) was highlighted as a weakening stock in our Morning Call yesterday, and selling pressure intensified during the trading session as it broke the 100-day MA. The stock tried to rally in the afternoon to pare some losses but still closed the day down 0.5%.
Mr Noda, who has been under pressure to call elections for months, agreed on Wednesday to do so after the opposition said it would back him on electoral reform and a deficit-financing bill.