As Blackberry maker Research In Motion gears up to release its fiscal third-quarter earnings, pressure is rising on the telecommunications company to deliver. Mike Abramsky, managing director and software and wireless research analyst at RBC Capital Markets, weighed in.
Best Buy's efforts to boost sales — particularly on Black Friday — by deep discounting took a heavy toll on gross profit margins, resulting in the retailer missing quarterly earnings estimates, Brian Nagel, senior research analyst at Oppenheimer & Co., told CNBC Tuesday.
The day before Thanksgiving is typically one of the busiest travel days of the year but this year, it may also be a pretty bad weather day in some regions, snarling holiday travel plans.
Forty years ago, Southwest Airlines made its debut as a small airline in Dallas, Texas, struggling to keep pace in the business. Today, Southwest is the top domestic carrier in the United States. But on the way to becoming the travel bellwether it is now, Southwest has been met with plenty of tension and turbulence.