MasterCard Spending Plus, which tracks retail sales, says that consumer electronics products are moving off the shelves of stores but women’s apparel is not. A Wall Street Journal analysis of the data…
Reuters: Hewlett-Packard’s (NYSE:HPQ) profit was up 14% and the company will triple its share buyback. Reuters: Banks have been asked to give their TARP repayment plans to the government. Reuters: Rich people are likely…
Amazon (NASDAQ:AMZN) will not wait until the day after Thanksgiving to begin its holiday sales. It wants to take whatever early shopping business it can get from Wal-Mart (NYSE:WMT), Target (NYSE:TGT), and…
Sony (NYSE:SNE) said it might not have its e-reader, the Daily Edition Reader, ready to ship before Christmas. It has given customers a range of dates for availability of its product that could be…
Douglas A. McIntyre Palm, Inc. (NASDAQ: PALM) has sort of already fallen from grace despite all the hype behind the Palm Pre. Throw in that Pixi too. Discounting is trumping what may be weaker sales. …
We are right at a week away from the highly awaited Black Friday for 2009’s holiday and Christmas season. As you likely know, this is THE day that retailers look forward to…
The management at Sony (NYSE:SNE) looks more and more like “The Gang That Couldn’t Shot Straight.” Its TV screen business is losing money. Most months, sales of the PS3 fall behind those…
The use of social networks to sell products and services gets more complex by the day. The latest scheme to tap into the swarms of people who congregate at Facebook is a…
DVDs and e-books that sell for under $10 is one thing. Appliances that sell for $3 is another. Target (NYSE:TGT) is offering toasters, coffee makers, and slow roasters at $3 each, according…
You have already seen the Hewlett-Packard (NYSE: HPQ) buyout of 3Com Corporation (NASDAQ: COMS). But this week before that deal was announced we covered how mergers in the technology sector have been…
By Douglas A. McIntyre There is a new product on the home page of Amazon.com (NYSE:AMZN). PC users can now download a free version of Kindle software which allows Kindle users to…
Douglas A. McIntyre By Douglas A. McIntyre The S&P 500 index is so far having a fine year, up a bit more than 20%. But several big-company stocks in the index have doubled, or better,…
The recovery is on and mergers are happening, yet the technology sector has been slow to make deals. Despite some deals already having taken place from the technology giants and that $260…
These are this morning’s top 10 analyst upgrades, downgrades, and initiations seen from Wall Street research calls: Amazon.com (NASDAQ: AMZN) Raised to Outperform at Bernstein and target raised from $125 to $160.…
Wal-Mart (NYSE:WMT) is not satisfied challenging rivals like Amazon (NASDAQ:AMZN) and Target (NYSE:TGT) in the e-book and toy businesses. Its program to take the lion’s share of the modest number of consumers…