As companies such as Netflix and Amazon increasingly set their sights on their online streaming business, competitor Redbox has what some analysts believe is a serious problem: no streaming service.
Coinstar is expected to report net profit of $20.93 million, or 65 cents a share, down 7.1 percent from $22.42 million,or 68 cents a share in the year earlier period..
The BSE Sensex rose 0.8 percent on Thursday to its highest close in nearly three months after strong manufacturing data in India and other major economies from China to Germany eased growth concerns and bolstered risk appetite.
As word spread about the birth control recall of at least one million pill packets in the U.S. from Pfizer on Tuesday, panic ensued amongst women nationwide about their risk of becoming pregnant. But how do you know if the birth control pills you are taking are part of the recall?
At least a half-dozen major U.S. companies whose computers have been infiltrated by cyber criminals or international spies have not admitted to the incidents despite new guidance from securities regulators urging such disclosures.
The job cuts, if they go through, would be part of thousands of other cuts which financial institutions plan to make in the near future.
U.S. job cuts surged 28 percent in January to its highest level in four months as retailers and financial firms cut jobs.
A handful of U.S. retailers, including Costco Wholesale Corp and Limited Brands Inc , beat Wall Street's expectations for January sales, but analysts are not so optimistic about department store chains and apparel chains that have yet to report on Thursday.
The world's largest online retailer Amazon.com Inc entered India on Thursday with the launch of its shopping website junglee.com, in a major boost to the country's fast-growing e-commerce market.
Wall Street's own watchdog filed a complaint against Charles Schwab Corp on Wednesday accusing the online brokerage of requiring customers to waive their rights to pursue class actions against the firm, a violation of industry rules.
Employers hired fewer workers in January than they did in December, showing companies and banks that lend to them remain concerned U.S. economic growth will cool after expanding rapidly in the fourth quarter of 2011, according to a survey of economists.
JC Penney's new Chief Executive Ron Johnson thinks shoppers have dropped the coupon-hounding, sale-chasing era when department stores reigned. Retail territory has been ceded to bargain sellers such as Walmart and Target. The former Apple retail executive offered a much-hyped solution last week, mixing branding, a new pricing structure and a buoyant ethos.
In an e-mail reply to a fan, Apple CEO Tim Cook said that the company's newest hire, senior VP of retail John Browett, was the best by far among the candidates eligible for the position.
Amazon.com Inc's shares slid 12 percent in early trade on fears that heavy spending would hurt the retailer's profits even as revenue growth falls short of Wall Street expectations.
Apple Inc has hired Dixons Chief Executive John Browett, who revived the British electronics retailer by emphasizing customer service, to lead the iPad maker's global retail expansion.
Pfizer Inc. announced on Tuesday that it will recall at least one million birth control pill packets in the U.S. because they don't prevent pregnancy, the company reported. Here is a full list of the birth control pills affected by the Pfizer recall.
World's largest pharmaceutical company, Pfizer, recalled over 1 million packs of its birth control pills in the United States after they discovered a packaging error, possibly putting women at the risk of unintended pregnancies.
Bookseller Barnes & Noble has announced that the chain will stop selling books in its stores published by Amazon.com.
Amazon.com warned of a possible operating loss in the first quarter following a sharp drop in fourth-quarter profits, a sign that the online retailer is continuing to spend heavily on expansion and new ventures at the expense of shorter-term profits.
Apple Inc. just can't lose. After becoming one of the most valuable companies in the world (the market cap is currently at $425.61 billion), Apple followed up by becoming the top PC maker in the world. The achievement is a testament to the company's ability to sell innovative products and to its rabid fan base. Whether Apple is able to remain the top PC maker remains largely dependent on new senior vice president of retail operations John Browett's ability to keep sales strong.
Last week, GDS Architects won a competition to design a tower in Incheon, South Korea. The crystalline structure is design to disapear through optical technology, the architects said.
Chrysler is profiting from strong Jeep sales and automakers are expected today to announce healthy year-over-year January sales increases in the U.S., with only General Motors Corp. trailing the pack.
