Rob Enderle, President and Principal Analyst at Enderle Group, talks Icahn's Dell bid, and whether Dell will be able to turn itself around in this new cloud services industry.» Read More
Michael Lasser, UBS analyst, breaks down the big box retailer's quarterly numbers, and discusses why the company's business model still works, but in the future its stores will become a focal point to launch their online business.
CNBC's Courtney Reagan provides a look ahead to the retailer's quarterly numbers.
NEW YORK, Feb 26- Best Buy Co Inc has cut about 400 jobs at its Richfield, Minnesota, headquarters, a spokesman told Reuters on Tuesday. The retailer, which currently employs about 8,000 people in Minnesota, expects to save about $150 million from the headcount reduction and other cuts in selling, general and administrative costs, spokesman Matt Furman said.
Feb 26- Electronics retailer RadioShack Corp reported lower fourth-quarter sales and said it may have to close stores or sell assets to improve liquidity if business does not pick up by 2014, sending its shares down 6 percent before the bell.
*Fourth-quarter adj. earnings/share $0.04 vs est. loss/share $0.05. Feb 26- Electronics retailer RadioShack Corp said it may have to close stores or sell business units to improve its financial footing if business does not pick up by 2014, although analysts saw some positive signs in a quarter of weak sales.
Is Hewlett-Packard playing offense in the PC market? And what changes have occurred in the last few years? Dan Costa of PC Magazine, shares his opinions.
Reacting to Hewlett-Packard's Q2 earnings, with Roger Kay, Endpoint Technologies; David Garrity, GVA Research; and CNBC's David Faber.
Hewlett-Packard is reporting Q2 earnings per share of $0.82 ex-items and revenue of $28.36 billion, reports CNBC's David Faber.
Dell reported a 31-percent drop in profit, hurt by a shrinking consumer business, but the results topped analysts' expectations. This came just over a week after founder Michael Dell offered to take the company private.
Retail sales barely rose in January as tax increases and higher gasoline prices restrained spending. Separately, import and export prices rose slightly less than expected in the month.
Logitech International CEO Bracken Darrell discusses the PC industry, and how is company his staying relevant.
CNBC's Jon Fortt reports Dell's announcement today for the $24.4 billion deal to take it private signals the PC era is over for good. Jayson Noland, R.W. Baird, provides perspective.
*Best Buy now operates 260 stores in Canada. The U.S.-based company, which has been facing pressure from online retailers such as Amazon.com Inc, will close eight of its Future Shop stores and seven Best Buy branded stores out of a total of about 260 total stores across Canada.
Anthony Chukumba, BB&T Capital Markets, discusses his upgrade on Best Buy, and explains where he sees growth for the electronic retailer.
Apple's disappointing earnings could rattle the market Thursday, as investors assess the damage to the stock and the broader tech sector.
SAN FRANCISCO, Jan 16- Acting as a tax collector may have hurt Amazon.com, Inc's holiday sales analysts and industry executives said, but they expect to know more when the internet retailer reports its fourth-quarter results on Jan. 29.
*Seven stores in China seem likely to be closed. FRANKFURT, Jan 16- German retailer Metro is to scrap its consumer electronics venture in China, once trumpeted as an engine of future growth, after meeting unexpectedly strong competition.
In China, 26 percent admitted to showrooming, compared with 13 percent in India and 7 percent in the United States, IBM said. Retailers that do not embrace the small but growing group of showroomers risk losing those shoppers to Amazon.com Inc and other online-only competitors that often offer merchandise at lower prices.
Dan Niles, Alpha One Capital Partners, and Shaw Wu, Sterne Agee, offer perspective on talks about a Dell buyout.
Dell is reportedly in talks with private equity firms over a potential buyout. Meanwhile, Dell issued a "no comment" to CNBC. David Lutz, at Stifel Nicolaus; Jack Ablin, Harris Private Bank; and CNBC's Herb Greenberg and Jon Fortt, weigh in.