According to new research from Savings.com, more than 50 percent of the time consumers can find a better price elsewhere on the Web.» Read More
June 10- U.S. electronics retailer RadioShack Corp reported a much bigger-than-expected first-quarter loss as its turnaround efforts failed to bear fruit, raising doubts about the company's long-term prospects. Shares of RadioShack, which reported its ninth straight quarterly loss, fell as much as 14 percent in early trading.
June 10- U.S. electronics retailer RadioShack Corp reported a much bigger-than-expected quarterly loss, hurt by higher promotions in its smart phones and tablets business and weak sales of consumer electronics. Shares of RadioShack, which reported its ninth straight quarterly loss, plunged about 22 percent in premarket trading.
Largely ignored during much of last year's rally in the S&P, the stocks leading the U.S. market this year rank among its usually sleepiest components.
NEW YORK, June 10- Largely ignored during much of last year's 30 percent rally in the Standard& Poor's 500 Index, the stocks leading the U.S. market this year rank among its usually sleepiest components. The best sector in 2014 is utilities, including Consolidated Edison, about as staid a group as one can get.
Plenty of upstarts are looking to steal traditional game makers' thunder at the annual E3 trade show.
June 5- Average sales growth at 10 U.S. retailers, including Costco Wholesale Corp and Rite Aid Corp, topped expectations in May for a second month in a row as shoppers headed to malls in droves around the Memorial Day weekend, according Thomson Reuters data.
June 5- Average sales growth at nine U.S. retailers, including Costco Wholesale Corp and Rite Aid Corp, topped expectations in May for a second month in a row as shoppers headed to malls in droves around the Memorial Day weekend, according Thomson Reuters data. The results exclude Gap Inc, one of the index's 10 components.
Investors who rely on utilities for reliable dividends should be worried: By 2050, renewables could be 80 percent of all U.S. energy.
The 10-year Treasury yield fell to a new 2014 low and the lowest level in 10 months, in step with a downshift in global interest rates.
*Hewlett-Packard's revenue misses Wall St estimates. Among momentum names, noted for high growth and perceptions of excessive valuation, Vertex Pharmaceuticals shares shot up 6 percent to $71.18, while Alexion Pharmaceuticals rose 2.5 percent to $160.48.
Stocks rose modestly on Thursday, extending the prior day's rally.
CNBC's Courtney Reagan spoke with Best Buy CEO Hubert Joly about its earnings. CNBC contributors Herb Greenberg and Stacey Widlitz provide perspective on big box retailers.
Talking Squawk, the official "Squawk Box" blog, provides tidbits, insights, and some sarcastic reflections on the WEEK THAT WAS and the WEEK TO COME.
Best Buy is still the worst S&P stock so far this year. FMHR trader Dr. J is bullish on the stock because he says the company is cutting costs. Stephen Weiss is a bear.
*Best Buy rises after results. NEW YORK, May 22- U.S. stocks advanced modestly on Thursday after the latest batch of mixed data failed to deliver the confidence boost needed by investors to push indexes past record highs set last week.
*Best Buy rebounds from early declines after results. NEW YORK, May 22- U.S. stocks were modestly higher on Thursday after the latest batch of mixed data gave investors little reason to push indexes past record highs.
*First quarter adj profit $0.33/ shr vs est $0.20. May 22- Best Buy Co Inc reported a better-than-expected quarterly profit, showing signs that Chief Executive Hubert Joly's turnaround efforts were progressing and sending the company's shares up as much as 8.5 percent in morning trading.
*Best Buy rebounds from early declines after results. NEW YORK, May 22- U.S. stocks were set to open little changed on Thursday, in the wake of data showing initial jobless claims rose in the latest week but were still near pre-recession levels, and ahead of data on the housing market.
The "Squawk on the Street" news team breaks down the retailer winners and losers, including better-than-expected quarterly results for Best Buy and discuss the success of West Elm. Willams-Sonoma is the retailer for this decade, says Cramer.
Stock futures pointed to a higher open on Wall Street on Thursday, with initial jobless claims rising last week.