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  • Petsmart Earnings Rise with Help of One-Time Items Wednesday, 15 Aug 2007 | 4:49 PM ET

    Pet supplies retailer Petsmart said after U.S. markets closed Wednesday that its second-quarter net profit rose 36 percent, helped by one-time gains.

  • Dice-K Signs With Upper Deck Tuesday, 14 Aug 2007 | 10:39 PM ET
    Boston Red Sox pitcher Daisuke Matsuzaka smiles as he runs during a practice prior to a spring training baseball game in Fort Myers, FL, Monday March 12, 2007. Fans flock for his autograph. Cameras record his simplest moves. He's just one of hundreds of rookies at baseball spring training camps this year, but he's swooned over like a rock star. (AP Photo/Charles Krupa)

    Memorabilia producer and trading card maker Upper Deck has signed Boston Red Sox pitcher Daisuke Matsuzaka to an exclusive memorabilia and autograph deal. Sources tell CNBC it's a one-year deal.

  • Nike Can Terminate Vick Now Tuesday, 14 Aug 2007 | 4:07 PM ET

    Believe me, I think by suspending Michael Vick and suspending the release of his shoe, Nike has done enough to disassociate itself with Michael Vick. But if they wanted to terminate him, they can do so without any financial penalty. That's right, sources are telling me now that Nike has a clause in the contract that says that if Vick is indicted, Nike can terminate him unilaterally.

  • The Best Part of "Madden 08" Tuesday, 14 Aug 2007 | 1:02 PM ET

    As many of you know Electronic Arts' "Madden 08" came out last night. You can find the reviews everywhere else. But I'm here to review only one thing: The rings you can get in the game. They are unbelievable. These things are going to be the most surprising success of this franchise.

  • TJX

    TJX said its second-quarter profit was cut by more than a half as the discount retailer recorded a $118 million charge due to costs from a massive breach of customer data, mostly to build up a reserve to cover estimated future expenses.

  • WalMart

    Wal-Mart Stores Tuesday posted quarterly sales and profit that fell short of expectations, and lowered its earnings forecast, saying that customers remain under economic pressure. Chief Executive Lee Scott blamed the disappointing performance on economic pressure around the world.

  • Erin Burnett and Me Tuesday, 14 Aug 2007 | 9:55 AM ET
  • Swatch Reports Improved First-Half Results Tuesday, 14 Aug 2007 | 2:08 AM ET

    Swatch Group reported a much improved first-half net profit, driven by continued strong consumer spending and positive currency effects.

  • Inflation Boosts Chinese July Retail Sales Tuesday, 14 Aug 2007 | 1:19 AM ET

    China's retail sales growth accelerated in July, the government said on Tuesday, reflecting strong household spending in the world's fourth-largest economy but also a pick-up in inflation that is worrying policy makers.

  • That's Hot Monday, 13 Aug 2007 | 5:05 PM ET

    A company called Summer Soles says our feet are sweating sooooo much in this heat that we'd do ANYTHING to stop it. Naturally, the company sells peel-and-stick fabric sole inserts which whisk away foot sweat. Hey, somebody's gotta do it.

  • Times Under Fire Monday, 13 Aug 2007 | 2:30 PM ET

    The New York Times may be the paper of record, it might have earned the title 'Gray Lady,' but it cannot escape the changing times. I'm not talking about the fact that that print publications across the board are suffering ad revenue declines and subscription dips.

  • Solid U.S. Retail Sales Boost Hopes for Growth Monday, 13 Aug 2007 | 12:49 PM ET

    U.S. consumers spent more boldly than expected last month as declining gasoline prices shielded household budgets, government data showed on Monday.

  • Tesco

    Tesco's Fresh + Direct will be opening in the U.S. in November. The company, which is the U.K.'s answer to Wal-Mart, will be launching first on the West Coast and is remaining mum regarding its expansion in the rest of the country. Company spokesperson Greg Sage wouldn't elaborate on when or if they plan to come to the East Coast. Right now, the company is focused on Phoenix, L.A., Las Vegas and a few other West Coast markets.

  • David Beckham

    When I first heard that David Beckham was coming to play in Major League Soccer, I knew the truth. Beckham would be great for the financial success of the league for at least one year, but that soccer wouldn't be any better off. But with Beckham constantly sidelined, I actually think that MLS might actually come out in worse shape than when before Beckham started.

  • Fred Franzia

    Here's the second of two part of my post on wine maker Fred Franzia: If Franzia isn't quite a pariah in Napa Valley, he's close. He prefers "maverick," known for his straight-talking complaints about what he calls a snooty wine business, indignant over the high cost of wine for no real reason other than greed, and an approach to the American consumer that severely restricts the industry's overall growth.

  • Fred Franzia

    Sure, I'm the Silicon Valley Bureau Chief, but every now and then I get to cover stories from that other newsmaking valley just north of here: Napa Valley. We're working up a story on Fred Franzia and when it comes to the wine business, he's probably not a name you easily recognize. There's Mondavi; the Gallos; and yes, Fred Franzia. He's either revered, or reviled, depending upon whom you talk to in the wine world.

  • Beijing Games 2008 -- Video Roundup Friday, 10 Aug 2007 | 10:50 AM ET

    One year from Wednesday, Aug. 8, the 2008 Olympic Games will begin in Beijing -- focusing the world's attention on China like never before.  As part of our one-year countdown to the games, CNBC sent Darren Rovell and Melissa Lee to China for a series of special reports.

  • There's no question that Blockbuster's livelihood is under attack--the business of driving to a store to rent a DVD and driving back when you're done is threatened from video on demand, and digital downloads, especially since both technologies are getting better and faster. So, looking to avoid going the way of the Beta Max, Blockbuster just purchased online movie downloading company Movielink for under $20 million.

  • Kohl's Vera Wang Line: Why Don't They Talk About It? Friday, 10 Aug 2007 | 8:38 AM ET

    It is the biggest launch in Kohl's history but the company does not want to discuss it. That was what Kohl's press person told me when I phoned to ask if there were any events planned around the September 9th launch of their first major guest designer clothing line. With the massive launch of the Vera Wang designed "Simply Vera" collection, you would expect that Kohl's would be backing up their bet on Vera with a media onslaught. But that's not the case.

  • Perry Ellis

    Talk about the American dream. I went to the Perry Ellis showroom yesterday in midtown Manhattan for an exclusive conversation with company CEO George Feldenkreis. Normally, George and his son Oscar Feldenkreis (President & COO) work out of the Miami, FL corporate headquarters, but the two were in town to celebrate the company's 40th anniversary and to ring the closing bell at the Nasdaq.