By Kiyoshi Takenaka and Mayumi NegishiTOKYO (Reuters) - Japan's Sony Corp pushed back an elusive target of an operating profit margin of 5 percent to March 2013, as it heads for its second straight loss and loses ground to overseas competitors.Sony, which is shedding jobs, closing plants and selling...
By Rodrigo CamposNEW YORK (Reuters) - U.S. stocks fell on Tuesday after discount retailer Target gave a cautious holiday season outlook, but positive brokerage comments on tech bellwether Microsoft helped limit losses.Target TGT, the No. 2 discount retailer behind Wal-Mart Stores Inc WMT, said it was cautious about its fourth-quarter...
The companies that will succeed in cloud computing and modern media are those that can shift from selling mandatory bundles to individual atoms of capacity. by Erik Sherman
By Nicole MaestriSAN FRANCISCO (Reuters) - Wal-Mart Stores Inc WMT reported a higher quarterly profit as the world's biggest retailer clamped down on inventory and controlled expenses, but forecast earnings over the key holiday quarter that could miss Wall Street estimates.Wal-Mart executives said its customers have yet to benefit from...
By Ritsuko Ando and Diane BartzNEW YORK/WASHINGTON (Reuters) - The European Commission has objected to Oracle Corp's ORCL acquisition of computer maker Sun Microsystems Inc JAVA, throwing the $7 billion deal into question.The commission said in a preliminary assessment that combining Sun's MySQL database product and Oracle's products could hurt...
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Call it Amazon Marketplace envy. Wal-Mart (WMT) and Sears (SHLD) recently created their own marketplaces — places on their Web sites that link to other online sellers. They hope that adding other retailers to their Web sites will help boost traffic and sales and help them become more competitive with Amazon.com (AMZN), the Web's leading retailer, as the Christmas shopping season unfolds. "They are trying to follow the Amazon model," said Graham
(Credit: Barnes & Noble)If you were interested in buying the Barnes & Noble Nook as a holiday gift, strike it off your list. The e-reader is now officially sold out through 2009, according to the B&N Web site."The hottest holiday gift is out of stock," a message at the top...
BloggingStocks: October seems to have been a good month for consumer spending. Unemployment is holding consumers back, but it isn't keeping wallets clamped shut.
A Bloomberg survey reveals that purchases grew 0.5% last month, based on the thoughts of 61 ... Read more
BloggingStocks: Take the Nook off your Christmas list. The new e-reader from Barnes & Noble (BKS) has already sold out, and more won't be available until after the holiday has passed. The next batch will be available, at best, by November 4, 2010.
In a statement, ... Read more
Barnes & Noble (BKS) reported today that their new eReader product has sold out of the entire supply for delivery before the holidays. This may be a positive sign for Barnes & Noble in the long run as demand appears to be quite strong, but it is clear that production limitations are restricting sales this holiday season. Yesterday, Sony (SNE) pushed back the shipping date for their Daily Edition Reader to between December 18th and January 8th. This puts Sony’s August promise to have the Reader available for[More...]
Google's (GOOG) entry into the Operating System space is at least a year away, but the Internet and Search behemoth showed off a technical preview of what they've been tinkering with to an audience of journalists and "techies".[More...]
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