U.S. specialty jewelry store sales fell 4.4 percent year on year to $2.703 billion in May, according to the latest government calculations. The decline was noticeable considering that preliminary sales of jewelry and watches across all ...
Tags: jewelry, watch sales
Jarden Corporation expects net sales of at least $2.4 billion for the fourth quarter of 2014, driven by strong organic growth. The owner of The Coleman Co., K2, Marmot, Rawlings and two dozen other sporting goods brands also expects ...
Tags: net sales, Sporting Goods
A total of 311 U.S. and international environmental and clean energy groups said today that, while they respect the climate change work of Dr. James Hansen and three of his academic colleagues, they take strong exception to the notion that ...
Tags: climate change work, James Hansen, nuclear power, global warming
Twitter shares tumbled Friday after a brokerage analyst warned the popular messaging network was overvalued following a meteoric rise since its initial public offering in November. Twitter shares closed down 12.99 percent at $63.79. But ...
Tags: Twitter, Twitter shares, stock
The DuPont Co. said strong demand for agricultural products in Latin America offset weak pricing for a key industrial pigment in contributing to an increase in third-quarter earnings. The Wilmington chemical company reported net income of ...
Tags: DuPont, report, third quarter
Microsoft CEO Steve Ballmer has used what will likely be his last meeting with Wall Street analysts to defend his tenure at the helm of the software giant. Ballmer, who recently announced he'll be stepping down in the next year, openly ...
Tags: Computer Products, Microsoft
Microsoft’s acquisition of Nokia was a defensive move to keep the Finnish phone maker from going under or falling into the hands of an Android-first rival, several analysts argued this week. “Had Nokia abandoned Windows Phone, ...
Tags: Nokia Deal, Microsoft
Microsoft on Thursday took an unexpected $900 million charge to account for what it called "inventory adjustments" for the Surface RT, the poor-selling tablet that debuted last year. Later on in the day, Microsoft held a conference call ...
Tags: Microsoft, Computer Products, software
Apple sold 14% fewer iPads in the quarter that ended June 30 than during the same stretch in 2012, while the revenue it earned from those sales plummeted by 27%. Analysts tied the decline in revenue to the iPad Mini, Apple's smaller, ...
Tags: iPad Mini, High Margins
Microsoft's Business Division (MBD), the company's biggest money maker for 10 out of the last 11 quarters thanks to its Office cash cow, was not immune to the historic decline in PC sales, Microsoft acknowledged Thursday. MBD recorded ...
Tags: PC Sales, Office Revenue
Dell has once again thrown Windows 8 under the bus, saying the unpopular operating system contributed to a decline in its PC-related revenue during the quarter that ended May 3. "Windows 8 has been... not necessarily the catalyst to drive ...
Just a month after a top Google executive said Glass wouldn't be officially released for another year, sources say the computerized eyeglasses actually should ship by the end of this year. One source inside Google and another close to ...
Tags: Computer Products, Google
Dell last week again blamed Windows 8 for contributing to a decline in PC sales revenue during the quarter that ended May 3. "Windows 8 has been, from our standpoint, not necessarily the catalyst to drive accelerated growth that we had ...
Tags: PC, Computer Products, Dell
Microsoft's head of Windows development on Tuesday came close to promising that the iconic Start button would return to the Windows 8 desktop, but never made a guarantee. In a 25-minute interview at the Wired Business Conference, Julie ...
Tags: Microsoft, Windows development
Microsoft's Business division, which manages the company's Office cash cow, recorded a 5% revenue bump in the first quarter over the same period in 2012, an increase driven by a surge in enterprises signing long-term licensing agreements. ...
Tags: Microsoft, Computer Products