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RadioShack shares jump on rumor of Best Buy interest
YAHOO
Reuters - Shares of RadioShack Corp.
jumped on Tuesday following market talk that larger rival Best
Buy Co. Inc. may be interested in buying the
electronics retailer, but options traders questioned the
credibility of the rumor.
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Kodak posts wider net loss
YAHOO
Reuters - Photography company Eastman Kodak
Co. on Thursday posted a wider quarterly loss, despite
higher revenue, as sales of more-profitable traditional camera
and products continued to slow.
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Sony Electronics Seeing Increase In Sales
AHN
Joanna Wypior - AHN Staff Reporter
New York, NY (AHN) After a downward slump in sales due to strong rival products in the market, Japanese electronics giant Sony has reported much better than expected full-year profits as booming sales of new flat-panel televisions drove a dramatic...
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Hitachi posts lower 05/06 profit, targets recovery
YAHOO
Reuters - Japanese electronics maker Hitachi Ltd.
on Thursday posted a 27.5 percent slide in annual profit, hit
by loss-making flat TV and hard disk drive units, but forecast
a stronger-than-expect
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RadioShack shares down, analysts question valuation
YAHOO
Reuters - Shares of electronics retailer
RadioShack Corp. touched a 52-week low on Monday after
analysts questioned the stock's valuation and the company's
prospects for a successful turnaround.
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RadioShack Reports First Quarter Losses
AHN
RadioShack Corp. says its first-quarter profit plummeted 85 percent on disappointing sales of cellular phones and a write-down of the electronics retailer's assets and inventory. Its shares fell nearly 3 percent.
The company reported...
Sources: AHN
RadioShack Profit Plunges; Shares Fall
YAHOO
AP - RadioShack Corp. said Friday its first-quarter profit plummeted 85 percent on dissappointing sales of cellular phones and a write-down of the electronics retailer's assets and inventory. Its shares fell nearly 3 percent.
Sources: YAHOO
Sources: YAHOO
Philips Q1 hurt by one-off charge, revenues strong
YAHOO
Reuters - Dutch Philips Electronics missed
analysts' forecasts on Tuesday with a first quarter that was
depressed by its stakes in unconsolidated companies, but said
it was on track for its medium term outlook for sales and
profitability.
Sources: YAHOO
Top brokerages cut Samsung Elec's profit forecasts
YAHOO
Reuters - Top investment houses including Goldman
Sachs have cut their 2006 net profit estimates for Samsung
Electronics (005930.KS), citing weak first-quarter results, but
most see an earnings recovery by the second half.
Sources: YAHOO
Flextronics to sell software development unit
YAHOO
Reuters - Electronics manufacturer
Flextronics International Ltd. said on Sunday it
agreed to sell its software development unit to an affiliate of
private equity firm Kohlberg Kravis Roberts & Co. as its
divests non-core businesses.
Sources: YAHOO
The tax side of the eBay business
YAHOO
Reuters - If you're an eBay seller, you may be
paying more than you have to in taxes because you haven't
really focused on all that you can deduct.
Sources: YAHOO
Samsung Profits Head South
AHN
With product margins for mobile phones and memory chips coming under pressure, Samsung Electronics has reported more than a 25 percent drop in profit for the latest quarter.
The current quarter's future is also not bright as prices of...
Sources: AHN
Samsung profit slumps on phones, chips
YAHOO
Reuters - Samsung Electronics (005930.KS) posted a
bigger-than-expected 25 percent slump in quarterly operating
profit on Friday, hit by sliding margins in mobile phones and
memory chips.
Sources: YAHOO
TiVo, DirecTV extend deal for 3 years
YAHOO
Reuters - TiVo Inc. and satellite
television operator DirecTV Group Inc. on Wednesday
said they would extend their service and support agreement for
three years, sending TiVo's shares up 8 percent.
Sources: YAHOO
Winternals says wins court order against Best Buy
YAHOO
Reuters - Winternals Software on Wednesday said a
federal judge has ordered electronics retailer Best Buy Co.
Inc. and its Geek Squad computer support service to
stop using unlicensed versions of Winternals' copyrighted
software.
Sources: YAHOO
Best Buy Gets Hit With Restraining Order
AHN
Winternals Software LP, a Texas based software company sued Best Buy Co. Inc. in federal court alleging that the nation's largest consumer electronics retailer was using unlicensed versions of its diagnostic equipment.
In response, a...
Sources: AHN
Tivo, DirecTV extends relationship for 3 years
YAHOO
Reuters - TiVo Inc. and DirecTV Group
Inc. on Wednesday said they would extend their
commercial agreement for three years, sending TiVo's shares up
9 percent in pre-market trade.
Sources: YAHOO
Samsung, Sony To Expand LCD Production
AHN
Samsung Electronics Co. and Sony Corp plan to invest about $2 billion to expand joint production of liquid crystal display panels to meet soaring global demand for flat-screen televisions.
The companies expect to manufacture 50,000...
Sources: AHN
Samsung, Sony to build new $2 bln LCD line
YAHOO
Reuters - Samsung Electronics Co. Ltd. (005930.KS),
the world's second-largest maker of large liquid crystal
displays (LCD), said on Monday it had agreed with Japan's Sony
Corp. (6758.T) to jointly build a new $2 billion LCD line.
Sources: YAHOO
EMC, NEC step up ties in storage business
YAHOO
Reuters - U.S. data storage company EMC Corp. and
Japanese electronics maker NEC Corp. said on Wednesday they
have agreed to co-develop entry-level storage products, an area
where strong demand growth is expected.
Sources: YAHOO
Samsung to sell thinnest cellphone in the U.S
YAHOO
Reuters - South Korea's Samsung Electronics Co.
Ltd. (005930.Ks) said on Wednesday it will sell the slimmest
cell phone in the United States, aiming to compete with U.S.
market leader Motorola's popular Razr line.
Sources: YAHOO
Best Buy Cuts 300 From HQ Staff in Minn.
YAHOO
AP - Best Buy Co. Inc., the nation's largest consumer electronics retailer, said it gave layoff notices to about 300 workers at its Richfield headquarters on Monday.
Sources: YAHOO
Justices question eBay patent arguments
YAHOO
Reuters - U.S. Supreme Court justices showed
little inclination on Wednesday to scale back the rights of
patent holders, sharply questioning arguments made by a lawyer
representing online auctioneer eBay Inc.
Sources: YAHOO
Best Buy Says It May Lay Off Some Workers
YAHOO
AP - Best Buy Co. Inc. may lay off some workers as the nation's largest consumer electronics retailer looks to rein in spending, a spokeswoman said on Wednesday.
Sources: YAHOO
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