WASHINGTON _ Labor Department releases weekly jobless claims, 8:30 a.m. Eastern. WASHINGTON _ Commerce Department releases retail sales data for November, 8:30 a.m.. WASHINGTON _ Commerce Department releases business inventories for October, 10 a.m..» Read More
Futures trading up as Motorola beat expectations and guided upward while EMC was in line and both are up nicely pre-open. There's strength in Europe, strength in Asia, third Quarter GDP in China rose 11.5%. That was in line with expectations. Chinese stocks are the only major market down in Asia, down 5%, probably on worries that more rate hikes are likely.
After months of run-up, and a big, 9% move today, the pressure was on Amazon to beat, and beat big. The company did beat. The 19 cents was a penny better than the Street expected. And revenue also came in a little stronger than expected.
India possesses a diverse economy that ranges from traditional village farming to advanced technology. Its major challenge is a huge and growing population, posing social, economic and environmental problems.
Amazon reports earnings later today and judging by what this stock is doing today, indeed these past several months, it would seem shareholders are hoping for the very best. And betting big that Amazon will deliver.
Microsoft has momentum as its friend when it comes to the game console business. Finally. Halo 3 has been like a magic elixir for Xbox 360, by some measures tripling console sales in the wake of the title's release, and for the first time, Microsoft beat sales of Nintendo's Wii during the month of September, selling an average of 105,600 units a week last month.
Steven Neimeth, portfolio manager of the SunAmerica Value Fund, sees plenty of positives in this turbulent market. The strategist offered CNBC his view of the economy -- and named the stocks he likes.
Are you shuffling through an array of credit cards, debit cards and loyalty cards every time you approach a cashier? A new device called icache lets you consolidate all your cards into one, plus you get a big boost in security. The device and the company’s President, Jack Harvey, are featured on this week’s “Innovations.”
With the advent of TiVo, satellite radio and more distractions than ever - it's hard for advertisers to grab consumers' attention, which is why they're venturing into new territory: The mall.Stores, it turns out, are one of the best places to find a captive audience that is ready to shop.
Want to make a lot of money? Be the James Andrews of Wii injuries. With 9.3 million Wiis already sold and projected 22.3 million to be sold worldwide by March, the first doctors to advertise as Wii specialists will make a mint. Trust me, I have the worst Wii injury of my life right now and I'm ready to see a Wii doctor.
The pressure was on for Apple following the big-time run in these shares these past several weeks. These shares rallied into today's earnings news. The research firm Caris just this morning took the bold step in raising its target to $200.
The world's largest retailer has spawned this blog's biggest response ever! The anti-Wal-Mart emails (some 655, almost all I would say from Wal-Martwatch.com readers) keep pouring into the Retail Detail inbox. We'll continue to post your thoughts and responses so keep them coming. I've yet to hear from any on the pro Wal-Mart side.
When it comes to Apple Inc., the bar is set so nose-bleedingly high that you gotta wonder whether this company is poised to perform or plummet when it releases earnings this evening. Shares continue to climb today, up another 2% at this writing, a kind of serene island in the midst of the volatile vagaries and stormy seas on Wall Street.
Sources I'm talking to at the company suggest that an announcement could come soon that Microsoft will unveil a new version of Xbox 360 featuring a built-in HD-DVD player and HD tuner. The device might be officially unveiled during Bill Gates' keynote at the upcoming Consumer Electronics Show in January, which could be a bummer since it misses this upcoming Holiday Shopping season.
Kimberly-Clark Monday posted a 24 percent increase in quarterly profit as the weaker dollar and strong sales volume in Huggies baby wipes and Kleenex tissue helped offset rising costs for pulp.
Wow--I've never had the type or volume of response to a blog posting as I got today! Mention the world's largest retailer and readers and TV viewers take notice. Suggest or discuss whether Wal-Mart has actually had a positive impact on competitive pricing and inflation and you get more than 200 blog responses! At least I did.
As promised, here's the transcript of my interview with Chris Holling of Global Insight. He's the Economist who authored the Wal-Mart savings study that I blogged about yesterday. Here's the explanation of how he came up with the math behind the "Wal-Mart Effect."
Halloween holiday consumers plan on spending more this year than last for getting their trick or treat on.
U.S. sales of video game hardware and software jumped 75 percent in September, driven by Microsoft's "Halo 3" and Nintendo's Wii console.
Wal-Mart announced today that it is rolling out a second round of pre-holiday price cuts this time on an additional 15,000 items. The cuts are 20% more than last year, according to Wal-Mart public relations.
This Saturday, Notre Dame plays USC. It's not the ideal matchup it has been in the past. But that doesn't mean it isn't a hot ticket. Consider some of these numbers: StubHub is telling me that the average price of a ticket sold on their Web site for this weekend's game is $438.