The founder of Best Buy Co. Inc. (NYSE: BBY) is well along with an $11 billion buyout plan. (Reuters) As some companies leave Spain, the nation’s tax base falls. (Reuters) China’s services…
The number of U.S. smartphone owners who use either their mobile browser or a dedicated app to visit a retail site totaled 89.5 million in July, representing about 4 out of every…
Traditionally, consumers have either saved up for Christmas and holiday gift spending or added balances to their credit cards. That was before the recession and before the value hunt took off. The…
In 2010, U.S. firms hired an estimated 627,000 temporary workers to help meet demand for customer service, package handling and warehousing. Of that total, about 495,000 were hired in retail stores. Last…
According to today’s report from the U.S. Census Bureau, retail and food services sales in August rose 0.9% month-over-month and 4.7% compared with August 2011. Economists had been expecting an increase of…
If a retail company gets in trouble or starts to lag on its growth and business model, it seems like the great response is always a chance of a private equity-led buyout.…
courtesy NintendoAfter more than a year since the product’s introduction, the Nintendo Wii U game controller finally has pricing, shipping dates, and more details on what the device can do. The company…
Samsung beats Apple Inc. (NASDAQ: AAPL) in an intellectual property case in Japan. (Reuters) The CEOs of Apple and Google Inc. (NASDAQ: GOOG) meet to discuss patent issues. (Reuters) J.P. Morgan Chase…
China’s official PMI hits a nine-month low in August. (Reuters) WellPoint Inc. (NYSE: WLP) CEO Braly steps down. (Reuters) General Motors Co. (NYSE: GM) to invest $1 billion in Russia within five…
Apple Inc. (NASDAQ: AAPL) pushes for a ban on eight Samsung phones. (Reuters) Best Buy Co. Inc. (NYSE: BBY) will allow former chairman Richard Schulze to review its books with an eye…
Plenty of action on the merger and acquisition front today, with founder Richard Schulze getting an okay from the board of Best Buy Co. Inc. (NYSE: BBY) to conduct his due diligence;…
Jon OggThese are the top analyst calls of upgrades, downgrades and initiations we have seen from Wall St. research calls this Monday morning. Amazon.com Inc. (NASDAQ: AMZN) reiterated Buy with $264 target…
Even with a new CEO on the way, the Best Buy Co. Inc. (NYSE: BBY) board continues to hedge bets about the firm’s future. Founder Richard Schulze, who was recently thrown out…
Douglas A. McIntyre Best Buy Resumes Talks with Founder Even with a new CEO on the way, the Best Buy Co. Inc. (NYSE: BBY) board continues to hedge bets about the firm’s future. Founder Richard…
The three major US stock indexes opened lower this morning after Japan reported an unexpected plunge in its exports in July (our coverage here). In Europe there was not economic news out…
