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Computer and Electronics Retail

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  • Joining the Dow isn't a big deal for Apple?   Wednesday, 18 Mar 2015 | 10:32 PM ET
    Joining the Dow isn't a big deal for Apple?

    Michael Robinson, chief technology strategist at Money Map Press, says Apple's inclusion in the blue-chip Dow is a "nice symbolic move," but it's not a catalyst for the company's outlook.

  • Bull vs Bear: Is Apple's stock invincible?   Monday, 9 Mar 2015 | 10:33 PM ET
    Bull vs Bear: Is Apple's stock invincible?

    John Petrides, managing director & portfolio manager at Point View Wealth Management and Scott Nations, chief investment officer & president at NationsShares, debate the outlook of Apple's shares.

  • Apple Watch not a huge surprise: Pro   Monday, 9 Mar 2015 | 7:33 PM ET
    Apple Watch not a huge surprise: Pro

    Jan Dawson, chief analyst at Jackdaw Research, says the launch on Monday unveiled some interesting new details about Apple's smartwatch line, but there were no huge surprises.

  • Apple Watch a gamechanger? Maybe not: Pro   Monday, 9 Mar 2015 | 7:17 PM ET
    Apple Watch a gamechanger? Maybe not: Pro

    Neil Hennessy, portfolio manager & chief investment officer at Hennessy Funds, says the Apple Watch isn't new technology and lacks the "aura" of iPhones.

  • Reinventing - That's what Apple does best   Monday, 9 Mar 2015 | 6:47 PM ET
    Reinventing - That's what Apple does best

    Katie Boehret, deputy reviews editor at Re/Code, says the Apple Watch exemplifies Apple's ability to redefine an existing product and describes the coolest feature of the smartwatch.

  • March 4- The judge overseeing RadioShack Corp's Chapter 11 bankruptcy case on Wednesday approved a revised $1.5 million bonus plan for eight top executives at the electronics retailer, over the objection of the U.S. Bankruptcy Judge Brendan Shannon said that while he shared some of the trustee's concerns over the key executive incentive plan, or KEIP, he was...

  • *Best Buy climbs in premarket after results. *Citigroup to sell OneMain Financial to Springleaf Holdings. *Electronics retailer Best Buy climbed 4.8 percent to $40.50 in premarket trade after it reported quarterly results, announced a special dividend and the resumption of its share repurchase plan.

  • Feb 26- GameStop Corp may sharply increase the number of its Spring Mobile stores after the company bid on Wednesday for the right to take 163 leases over from electronics retailer RadioShack Corp, which filed for bankruptcy this month. The agreement allows GameStop to decide in about two months if it will take on the obligation of the RadioShack leases or...

  • WILMINGTON, Del., Feb 25- RadioShack Corp's sale of about 2,000 stores to a hedge fund is worth $200 million, an advisor to the electronics retailer told a U.S. Bankruptcy Court on Wednesday. This was the first time the bankrupt company has put an estimated value on the sale agreement with Standard General, which will keep about half of RadioShack's stores open and...

  • RadioShack to slow sale process; GameStop eyes stores Wednesday, 25 Feb 2015 | 12:20 PM ET

    WILMINGTON, Del, Feb 25- Bankrupt RadioShack Corp will slow the process of selling its surviving stores, while GameStop Corp has expressed interest in some of its 1,100 locations that are being closed this month, a lawyer for the electronics retailer told a judge on Wednesday. RadioShack entered Chapter 11 bankruptcy earlier this month with about 4,000 stores.

  • WILMINGTON, Del, Feb 20- Bankrupt electronics retailer RadioShack Corp received court approval on Friday for its plan to try to sell the leases to more than 1,100 stores that it will close by the end of February. RadioShack first proposed closing many of the locations early last year as it struggled to turn around its money-losing operations, but lenders...

  • Tesco names John Allan as new chairman Tuesday, 17 Feb 2015 | 12:31 PM ET

    LONDON, Feb 12- Tesco, Britain's biggest retailer, has named John Allan as its new chairman, succeeding Richard Broadbent who said in October he would step down in the wake of the supermarket's 263 million pounds profit overstatement. Allan is the current chairman of housebuilder Barratt Developments and co-deputy chairman of electricals retailer Dixons...

  • RadioShack starts process to auction 1,700 store leases Thursday, 12 Feb 2015 | 11:00 AM ET

    Feb 12- Bankrupt electronics retailer RadioShack Corp kicked off a process to auction leases of about 1,700 stores to avoid paying an estimated $7 million in rent next month. RadioShack had a tentative deal to sell as many as 2,400 of its 4,100 stores to an affiliate of hedge fund Standard General, one of its lenders and largest shareholders.

  • WILMINGTON, Delaware, Feb 9- Bankrupt electronics retailer RadioShack Corp got court approval on Monday to borrow $10 million to support its operations until it opens the bidding this month for its best-performing stores. RadioShack, which filed for Chapter 11 bankruptcy last week, has an initial deal to sell as many as 2,400 of its 4,100 stores to an affiliate...

  • Feb 5- Electronics retailer RadioShack Corp filed for U.S. bankruptcy protection on Thursday and said it had a deal in place to sell as many as 2,400 stores to an affiliate of hedge fund Standard General, its lender and largest shareholder. Wireless company Sprint Corp would operate as many as 1,750 of those stores under an agreement with Standard General, Sprint...

  • Feb 5- Electronics retailer RadioShack Corp filed for U.S. bankruptcy protection on Thursday and said it had a deal in place to sell as many as 2,400 stores to Sprint and an affiliate of hedge fund Standard General, its lender and largest shareholder. RadioShack listed $1.2 billion of assets and $1.39 billion of debts in its Chapter 11 filing in U.S. Bankruptcy...

  • RadioShack files for Chapter 11 bankruptcy protection Thursday, 5 Feb 2015 | 5:32 PM ET

    Sept 11- Electronics retailer RadioShack Corp filed for Chapter 11 bankruptcy protection and said shareholder Standard General LP would buy 1,500 to 2,400 of its stores. RadioShack listed assets of $1.2 billion and liabilities of $1.39 billion in its bankruptcy petition in a Delaware court. The case is In Re: RadioShack Corp, Delaware Court, District of...

  • SAN FRANCISCO, Feb 5- Sprint Corp aims to expand its retail footprint with 500 stores this year and is considering troubled electronics retail chain Radioshack's prime real estate, Chief Executive Marcelo Claure told Reuters on Friday. "We're looking at RadioShack very closely, in terms of what's going to happen. Radioshack is preparing to shut down and sell...

  • Feb 2- Amazon.com Inc and Sprint Corp are considering acquiring some RadioShack stores after the troubled electronics retailer files for bankruptcy, Bloomberg reported, citing people with knowledge of the discussions. Amazon has considered using the RadioShack stores as showcases for the Seattle- based company's hardware as well as potential pickup and...

  • Feb 2- Troubled electronics retailer RadioShack Corp is preparing to shut down the chain in a bankruptcy deal that would see half the stores taken over by Sprint Corp, Bloomberg News reported, citing people with knowledge of the discussions. Sprint and RadioShack have also had talks about co-branding the stores, Bloomberg reported, citing two anonymous...