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Sony PlayStation Network Outage Fails to Dampen Console Sales

Sony has show signs of steady and even increases in sales despite the prolonged PlayStation Network outage for the month of April. The Sony brand has taken a hit from the cyber attack from hackers that compromised over 100 million user account information but the effect on sales has been minimal.
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Nordstrom outlook a wrinkle in retail results

Nordstrom Inc forecast 2011 profit below analysts' view on charges related to its HauteLook acquisition, the first wrinkle in an otherwise smooth string of profit reports from department stores, which have been buoyed by consumers' willingness to spend.
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Retail sales rise 0.5 percent in April on food, gas

Sales at U.S. retailers posted their smallest gain in nine months in April as high food and gasoline prices drew spending away from other areas, but upward revisions to March's data suggested consumer spending in the first quarter might have been stronger than initially thought.
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Retail sales rise on food and gas

The economy struggled to gain momentum early in the second quarter, with retail sales posting their smallest rise in nine months in April and wholesale prices increasing more than expected.
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Retail sales post smallest rise in nine months

The economy struggled to gain momentum early in the second quarter, with retail sales posting their smallest rise in nine months in April and wholesale prices increasing more than expected.
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April NPD Preview -- Expect Rebound in Software Sales Growth: Analyst

Wedbush Securities expects April U.S. retail video game console software sales data to be released by the NPD Group after the market close on May 12. The brokerage said April may be an anomalous month for software sales, with a rebound likely due to an outstanding lineup of blockbuster title.

Report: 3-D TVs Will Take Off

A new report from IHS Research says 3-D TVs will become bigger as more content comes available, the price drops and manufacturer's market them differently.
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Oil slightly rebounds in Asia trade

Oil prices rose by 1.3 percent on Friday as a weakened dollar sparked a rebound, but economic data expected during the US market hours could force the commodity south.
Silver bars are displayed at the Austrian Gold and Silver Separating Plant 'Oegussa' in Vienna February 28, 2011

Silver crash: The COMEX margin trick and Soros rumors worked well

The silver price in US dollars experienced a very sharp fall back of over 30 percent within 4 days. The main trigger were extremely rare and aggressive margin hikes for COMEX futures, which helped to eliminate a large chunk of speculative positions on the metal.
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Euro zone retail sales drop, point to weak demand

Euro zone retail sales fell sharply in March, data showed on Wednesday, indicating that rising food and energy prices were curbing household demand and that economic recovery was still mainly industry-driven.
China is facing destabilizing inflation: AEI Outlook

China is facing destabilizing inflation: AEI Outlook

China's inflation rate has reached a point where it is sparking social unrest, the American enterprise Institute's (AEI) latest outlook report has noted. Chinese premier Wen Jiabao's recent comment that inflation is a tiger that once set free is very difficult to put back in its cage[1] aptly characterizes the current inflation in his country. The world's second-largest economy faces some fundamental choices if it is to restore stability, says the report, which was au...
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BNP retail boosts bumper Q1, shares rise

BNP Paribas , France's biggest listed bank, beat forecasts for first-quarter revenue and earnings, driven by strong retail growth and resilient investment banking that bolstered investor confidence.
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BNP beats Q1 forecasts on European retail

BNP Paribas, France's biggest listed bank, beat forecasts for first-quarter revenue and earnings, driven by strong retail growth and resilient investment banking.

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