It means more shoppers are in stores, but they’re also spending more carefully. That’s not necessarily bad news for the holiday season. It’s just that retailers have accepted they’ll have to work hard this year to keep register…
The world’s second-largest home improvement retailer reported that its earnings rose 17% in the third quarter. While the profit beat analysts’ estimates, sales came in lower than expectations.
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Data storage firm EMC Corp. (EMC) will buy scale-out storage company Isilon Systems for $2.25 billion, the companies announced Monday.
The deal, which values Isilon at a price of $33.85 per share, is expected to complete before the end of this year, …
Despite the pounding Cisco took after recently lowering its guidance, many analysts still rate the stock a buy. Says one: “The key basic values in Cisco as a dominant player in technology are so compelling, that you can surely …
Last week, Macy’s and JCPenney kicked off the retail earnings season by posting better-than-expected earnings. But the news may not continue to be so good.
Continue reading Week in Preview: Abercrombie, Lowe’s …