Bargain Hunters Marked Down December’s Retail Sales

Many shoppers who took advantage of the early holiday sales in November held back and forced retailers to cut prices as Christmas neared. Despite increases in luxury spending, the results show that mainstream consumers remain f…

A Theme-Park Pop Could Help Disney Sparkle This Year

The holidays drew sell-out crowds to Disneyland. Could this be a sign that its all-important parks and resorts may turn into money makers in 2011? That would be a big change from last year, when they pulled down overall earning…

TastyKake Maker Considering Merger or Sale

Tasty Baking (TSTY), the maker of Tastykakes, said it is looking at options including a merger or sale as the company feels the pressure from declining sales.

The company is also facing “unanticipated operational challenges” related to its bakery in …

Microsoft Sold More than 8 Million Xbox Kinects in 60 Days

Software giant Microsoft (MSFT) says it sold more than 8 million Xbox Kinect motion-sensing game system in the first 60 days since launch, easily beating the company’s target of 5 million.

The sales of the Kinect also top that of Sony Corp’s (SNE) co…