US: Consumer Goods
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MEXICO CITY, April 4- Mexico's competition watchdog Cofeco said mobile phone company Telcel dominates the country's phone market, opening the door to tougher regulation of the company owned by Carlos Slim, the world's richest man.
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SEOUL, April 5- Samsung Electronics Co Ltd estimated its January-March operating profit rose 53 percent to 8.7 trillion won as sales of mid-tier smartphones helped the South Korean giant tide over the off-peak season. Following are reactions from analysts and fund managers:. SONG MYUNG-SUB, ANALYST AT HI INVESTMENT& SECURITIES.
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MEXICO CITY, April 4- Mexico's competition watchdog Cofeco said mobile phone company Telcel dominates the country's phone market, opening the door to tougher regulation of the company owned by Carlos Slim, the world's richest man.
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NEW YORK-- A Jefferies analyst boosted his rating and price target Thursday for Ulta Salon, Cosmetics& Fragrance Inc., citing innovative products and room to grow its store count. Randal Konik raised the beauty products company's rating to "Buy" from "Hold" and increased its price target to $100 from $85.
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*Facebook's "Home" takes battle for ad revenue, user times to Google. MENLO PARK, Calif., April 4- Facebook Inc unveiled "Home" software on Thursday to place the world's social network front and center on Android smartphones, a move that may divert users from Google Inc services and steal some of its rival's momentum in the fast-growing mobile arena.
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NEW YORK-- A Jefferies analyst boosted his rating and price target for Ulta Salon, Cosmetics& Fragrance Inc. on Thursday, citing innovative products and room to grow its store count. Randal Konik raised the beauty products company's rating to "Buy" from "Hold" and increased its price target to $100 from $85.
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The nation's largest retailer and grocer has cut so many employees that it no longer has enough workers to stock its shelves properly, according to critics, the New York Times reports.
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NEW YORK, April 3- Retailer Best Buy Co is offering a 30 percent discount on its current stock of Apple iPad 3 tablets in the United States, a spokeswoman for the world's largest consumer electronics chain said on Wednesday.
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NEW YORK, April 3- Retailer Best Buy Co is offering a 30 percent discount on all Apple on its current stock of iPad 3 tablets, a spokeswoman for the world's largest consumer electronics chain said on Wednesday. Retailers typically slash prices on products in the lead-up to a major launch of a new iPad or iPhone as a way of clearing old inventory, analysts have said.
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On Friday, Toys "R" Us Inc. pulled its IPO offering, facing declines in revenues, profits and comparable store sales. However, these are only symptoms of a larger issue facing the chain: a business model in desperate need of an overhaul.
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Abnormally cold weather curbs consumer demand for spring goods and apparel, but some companies, including drug chains and dollar stores, are benefiting from the spring’s delay.
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Domino's Pizza is slowing things down for its Homemade Pan Pizza, which "takes a bit longer to make" and features "fresh, never-frozen dough."
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*BlackBerry sold about 1 million new Z10 devices in quarter. TORONTO, March 28- BlackBerry reported a surprise quarterly profit on Thursday after shipping 1 million new Z10 smartphones, but the Canadian company still fell short of convincing markets that its turnaround plan is already a runaway success.
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After a rocky few months, EA is hoping that new consoles will help breath new life into its gaming business.
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Some traders are betting big that talk of a turnaround at Blackberry is over-hyped.
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*Nasdaq data shows spike in short positions in BlackBerry. *Short positions have more than doubled from year-ago level. TORONTO, March 26- BlackBerry's share price has more than doubled over the last six months as buzz around its new smartphones has boosted investor confidence, but some traders are betting big that talk of a turnaround is over-hyped.
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STOCKHOLM, March 26- Swedish telecoms equipment maker Ericsson said on Tuesday it had sued Indian handset maker Micromax and its distributor for infringement of wireless patent rights.
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March 26- Signet Jewelers Ltd:. *Lazard raises target price to $76 from $69; rating buy. Reuters Station users, click. 1568.
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TORONTO, March 25- Canada's main stock index fell to 1-1/ 2 week low on Monday as a eurozone bailout deal appeared to defuse the Cyprus debt crisis and took the safe-haven shine off bullion prices, sending gold-mining shares lower. after Goldman Sachs cut its rating on the stock, citing a disappointing U.S. launch for the smartphone maker's new touchscreen device.
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gains 0.8 percent after Deutsche Bank upgrades India's largest consumer goods maker to "buy" from "neutral" and raises its target price to 530 rupees from 500 rupees.
