Specialty Retail Computer and Electronics Retail

  • LONDON, Dec 12- European shares opened higher on Wednesday and were set for a second day of gains as sentiment towards the Sino-US trade dispute lifted after U.S. The Euro zone STOXXE index was up 0.7 percent at 0829 GMT with most bourses across the continent in the black. Also in Britain, Dixons Carphone, the electricals and mobile phone retailer, lost close to 10...

  • *Cyber Monday expected to rake in $7.8 bln in sales. Nov 26- U.S. stocks gained on Monday, helped by shares of retailers on expectations of blockbuster sales on the largest online shopping day of the year, and as technology shares rose after taking a beating last week. The shopping day is expected to rake in $7.8 billion in sales, according to Adobe Analytics, which...

  • NEW YORK/ PITTSBURGH, Nov 23- U.S. shoppers formed long lines at store checkout counters on Black Friday to snap up deep discounts on clothing and electronics, offering evidence that a healthy economy and rising wages are translating into stronger consumer spending at the start of retailers' make-or-break holiday season. "I am spending more, the mood generally is...

  • NEW YORK, Nov 23- U.S. shoppers formed long queues at store checkout counters on Black Friday to take advantage of deep discounts on clothing and electronics, offering evidence that a healthy economy and rising wages are translating into stronger consumer spending at the start of retailers' make-or-break holiday season. Shoppers picked up big ticket items...

  • Nov 20- U.S. stocks were set to open sharply lower on Tuesday as poor forecasts from retailers including Target Corp and Kohls Corp for the holiday quarter fed into a market driven lower this week by concerns about demand for iPhones. Should Apple's loss hold through the day, its shares would have lost more than 20 percent of their value, or around $250 billion, since...

  • Logitech CEO: Focus on gaming, video collaboration and our core business for earnings

    Jim Cramer speaks to Logitech President and CEO Bracken Darrell about his company's latest investments and how Wall Street should approach earnings.

  • Jim Cramer on "Mad Money."

    Jim Cramer urges investors to give Southwest Airlines another look after today.

  • BERLIN, Sept 19- Shares in Ceconomy fell on Wednesday after Europe's biggest consumer electronics retailer cut its profit goals for the 2017/ 18 financial year, citing poor trading as an unusually hot summer put people off buying TVs and other gadgets. Ceconomy, which runs more than 1,000 Media Markt and Saturn stores, became the second German retailer to give...

  • *Amazon seen as possible bidder after Whole Foods move. BERLIN, Sept 14- German retailer Metro AG plans to sell its struggling Real hypermarkets and is confident of interest in the chain, though bankers played down talk it might attract Amazon and a price tag of up to 1 billion euros. "The fact that we repeatedly had expressions of interest shows that we can take up the...

  • *Amazon seen as possible bidder after Whole Foods move. BERLIN, Sept 14- German retailer Metro AG plans to sell its struggling Real hypermarkets and is confident of interest in the chain, though bankers played down talk it might attract Amazon and a price tag of up to 1 billion euros. "The fact is that we repeatedly had expressions of interest shows that we can take up...

  • *Amazon seen as possible bidder after Whole Foods move. But since Amazon's $13.7 billion acquisition of U.S. chain Whole Foods last year there has been speculation that it could be interested in food retailers in Germany, its second biggest market after the United States. "Germany's grocery ecommerce is very underdeveloped and Germany is a very important...

  • *Amazon seen as possible bidder after Whole Foods move. BERLIN, Sept 14- German retailer Metro AG plans to sell its struggling Real chain and is confident of interest in the hypermarkets, which some analysts say could fetch around 1 billion euros. However, there has been speculation that Amazon could be interested in food retailers in Germany, its second biggest...

  • LONDON, Sept 6- Dixons Carphone, the troubled British electricals and mobile phone retailer, said underlying revenue remained flat in the 13 weeks to July 28, as expected, and reiterated its full-year profit targets. The company is recovering from a huge profit warning in May. It said trading in the first quarter had been helped by demand for electronic products...

  • ISTANBUL/ DUSSELDORF, Aug 29- German consumer electronics retailer MediaMarkt has suspended plans to buy shares in Turkey's Teknosa, two sources close to the matter said, after recent falls in the lira hit profits of Turkish firms. Teknosa and parent Sabanci Holding did not immediately respond to questions about the issue. Sabanci Holding owns just over 60...

  • U.S. consumers are spending more, encouraged by rising wages, low unemployment and tax cuts, spurring sales at most retailers this quarter, including Best Buy rivals Target Corp and Walmart Inc, which also sell consumer electronics. Together with Amazon, they have about 25 percent, leaving room to grow, Best Buy Chief Executive Hubert Joly told Reuters in March.

  • The Minneapolis- based retailer also raised its annual profit forecast and said its quarterly performance was driven by demand for home products, toys and electronics as well as a rebound in seasonal merchandise sales after cold weather in the first quarter hurt demand. Target rivals like Walmart Inc and Nordstrom Inc have also benefited from rising sales.

  • The Minneapolis- based retailer on Wednesday also posted the best comparable-sales growth in 13 years, driven by demand for home products, toys, electronics as well as a rebound in seasonal merchandise, and raised its annual profit forecast. Target rivals like Walmart Inc and Nordstrom Inc have also benefited from rising sales. Target has also been helped by the...

  • Aug 15- Best Buy Co Inc said on Wednesday it would buy health services provider GreatCall Inc for $800 mln in cash, adding a clutch of products tailored for aging consumers. The No. 1 U.S. consumer electronics retailer currently sells health and wellness-related products and has been shoring up on health-related assets focused on the aging U.S. population.

  • Jim Cramer on "Mad Money."

    Jim Cramer breaks down how Elon Musk’s tweet on taking Tesla private impacted the bond market.

  • It's 'inevitable' that esports will be part of the Olympics, Logitech CEO says

    Jim Cramer sits down with Logitech International President and CEO Bracken Darrell, who says esports will be in the Olympics and could be the biggest sport in the world.