Computer and Electronics Retail
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Retailer Best Buy 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.
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Reacting to Hewlett-Packard's Q2 earnings, with Roger Kay, Endpoint Technologies; David Garrity, GVA Research; and CNBC's David Faber.
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Hewlett-Packard is reporting Q2 earnings per share of $0.82 ex-items and revenue of $28.36 billion, reports CNBC's David Faber.
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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.
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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.
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Logitech International CEO Bracken Darrell discusses the PC industry, and how is company his staying relevant.
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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.
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*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.
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Anthony Chukumba, BB&T Capital Markets, discusses his upgrade on Best Buy, and explains where he sees growth for the electronic retailer.
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Apple's disappointing earnings could rattle the market Thursday, as investors assess the damage to the stock and the broader tech sector.
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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.
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*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.
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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.
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Dan Niles, Alpha One Capital Partners, and Shaw Wu, Sterne Agee, offer perspective on talks about a Dell buyout.
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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.
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The International Longshoremen's Association and the U.S. Maritime Alliance (USMX)are racing to avert a Feb. 7th strike of 14,500 longshoremen members in 14 major East Coast ports, including hubs in New York and New Jersey.
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Rocco Pendola, TheStreet.com, weighs in on whether it is time for Apple to drop Best Buy, and why it may not be in the tech giant's best interest to produce cheaper versions of its products.
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Colin McGranahan, Sanford C. Bernstein analyst, weighs in on the outlook on the giant electronic retailer.
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*Amazon still better on price; Best Buy may still benefit. SAN FRANCISCO, Jan 10- Best Buy Co, the world's largest electronics retailer, said its online sales have increased in certain markets as arch rival Amazon.com Inc collects tax on purchases in more states.
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SAN FRANCISCO, Jan 10- Best Buy Co, the world's largest electronics retailer, said its online sales have increased in certain markets as arch rival Amazon.com Inc collects tax on purchases in more states.
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Nintendo year-end sales of its Wii U games console were steady, though not as strong as when its Wii predecessor was first launched, the Japanese game maker's top executive told Reuters on Monday.