Fund manager Neil Hennessy believes investors should target retail stocks that are likely to thrive in slow-growth economic conditions — but which also stand to benefit when the economy picks up again. Here are some of his fav…
As states grapple with increasingly squeezed budgets, the battle to collect sales taxes from retailing behemoth Amazon has heated up considerably over the past year. Now, Texas has raised the ante by hitting Amazon for four ye…
Qatar is interested in purchasing world-famous auction house Christie’s.
“We are building a museum and it [Christie’s] has links with the stuff we are collecting for our museum,” Emir Hamad bin Khalifa al-Thani told The Financial Times. “It depends on the opportunity – if we had a good opportunity we would not hesitate.”
So far, the emirate has not bid for the company, which is owned…
Continue reading Qatar May Bid for Christie’s Auction House
Qatar May Bid for Christie’s Auction House originally appeared on DailyFinance on Mon, 25 Oct 2010 07:55:00.
Sony Corp. (SNE) will slash the price of its PSPgo portable game player ahead of the holiday period.
The company will cut the price of the PSPgo to $199 from $249 in the United States and to 16,800 yen ($207) from 26,800 yen in Japan, Reuters said.
Sony is cutting prices after rival Nintendo Co (NTDOY) announced that its 3D-capable DS portable game player would not be available…
Continue reading Sony Cuts PSPgo Prices Ahead of Holiday Season
Sony Cuts PSPgo Prices Ahead of Holiday Season originally appeared on DailyFinance on Mon, 25 Oct 2010 07:36:00.
Filed Under: Company News, Technology, Media, Sony, Nintendo, Retail
Prices at the pump got a little more painful over the past two weeks as crude oil continues to rise. Oil has risen as a weak economy and expectations of further action by the Federal Reserve drive the dollar down.
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