A number of economists believe the U.S. debt burden, budget problems, recession and lack of growth will soon be the same as those now facing many EU nations. This would mean that…
Research firm ForeSee released its customer satisfaction ratings for the shopping season — its Holiday E-retail Satisfaction Index. The e-commerce ratings mirror, in most cases, the states of the parent companies’ revenue. Amazon.com…
The numbers do not add up. Sears Holdings (NASDAQ: SHLD) has over 4,000 full-line and specialty stores. Same-store sales for the eight weeks that ended December 25 were down 5.2%. That figure…
During this year’s holdiday shopping season, some 92% of all online sales generated by mobile devices (smartphones, tablets) were made from devices running iOS from Apple Inc. (NASDAQ: AAPL). That number represents…
Investors walked away from several retail stocks late this year. Those companies probably will continue to falter in 2012 and 2013. Best Buy (NYSE: BBY), Gap (NYSE: GPS) and Sears Holdings (NASDAQ:…
Sony (NYSE: SNE) will sell its LCD business to Samsung for $940 million. (Reuters) The yuan hits a high against the dollar and may gain 4% this year. (Reuters) Amazon.com’s (NASDAQ: AMZN)…
Yahoo.comNew Comscore data shows the extent to which Facebook and Amazon.com (NASDAQ: AMZN) have become internet destinations while portals Yahoo! (NASDAQ: YHOO) and Microsoft’s (NASDAQ: MSFT) MSN lose ground. The social network…
Nokia (NYSE: NOK) and Microsoft (NASDAQ: MSFT) may have an interest in buying Research In Motion (NASDAQ: RIMM) (WSJ) Amazon (NASDAQ: AMZN) may have an interest in buying RIM (Reuters) China hackers…
Prosecutors raid Olympus to gain data in a probe of the accounting scandal at the company. (Reuters) Bank of Japan says it will hold to current policies as the economy in the…
Update: The Wall Street Journal reports that Nokia (NYSE: NOK) and Microsoft (NASDAQ: MFST) may also have consider a join bid. The rumors that a company would offer to buy Canadian smartphone pioneer…
Remarks made over the weekend by Nokia Corp. (NYSE: NOK) CEO Steven Elop appear to quell any notion that the company plans to enter the tablet market any time soon. The company…
Amazon.com is the largest e-commerce retailer in the world. In the third quarter of this year the company’s net sales increased 44% to $10.88 billion, compared with $7.56 billion in the third…
Douglas A. McIntyre Apple Inc. (NASDAQ: AAPL) is still one of the most revered companies in America, and in the world. Since Steve Jobs has passed away there has been a bit less enthusiasm for…
Olympus may hire its former CEO, Michael Woodford, in the midst of an accounting scandal. (Reuters) Foreign investment in China drops for the first time in 28 months. (Reuters) Holiday sales continue…
Andrea Jung was forced out as CEO of Avon Products (NYSE: AVP) after years of poor financial performance at the company. The CEO of Best Buy (NYSE: BBY), Brian Dunn, should be the…
