Pour one out for the beleaguered economists, who for once got an important indicator, the consumer price index, right on the nose, after CPI fell 0.1% in December, while core Read more
Tag: Durable Household Products
Microsoft to bring ‘Call of Duty’ to Nintendo if Activision merger approved
Microsoft Corp. said late Tuesday it has made a “10-year commitment” to bring the massively popular “Call of Duty” videogame series to Nintendo Co. consoles, when — and if — Read more
Durable-goods orders jump 1%, but momentum unlikely to last as U.S. economy slows
The numbers: Orders at American factories for long-lasting goods such as autos and computers jumped 1% in October, marking a strong showing that probably isn’t sustainable because of a slowing U.S. Read more
How good are Black Friday sales this year? Here’s what to buy, and what to skip.
Lots of people do, according to Brian Field, global leader of retail consulting and analytics for Sensormatic Solutions. The retail insights company predicts Black Friday (Nov. 25 this year) will Read more
Nintendo shares slump after outlook cut for Switch console sales
Nintendo Co. 7974, -6.78% shares fell sharply Wednesday morning after the Japanese videogame company lowered its fiscal-year forecast for Switch console sales amid a shortage of chips. The shares were Read more
Opinion: As Netflix and Disney move into ads, will Roku look to sell?
The streaming company’s disappointing holiday forecast, coming ahead of new, cheaper ad-supported streaming packages from Netflix Inc. NFLX, +2.41% and Walt Disney Co. DIS, -0.27%, has added to what was Read more
EU to deeper investigate Microsoft’s $75 billion deal for Activision Blizzard
The European Union’s competition watchdog said it would pursue an in-depth investigation into Microsoft Corp. MSFT, +0.28%’s planned $75 billion acquisition of Activision Blizzard Inc. ATVI, +1.49%, adding to the global scrutiny of whether the Read more
Sanrio shares jump after the Hello Kitty owner boosts guidance
Sanrio Co. 8136, +13.92% shares rose sharply Monday morning after the owner of Hello Kitty posted strong first-half earnings and raised its full-year guidance. The company’s shares were recently 15% Read more
Roku’s grim forecast for holiday season tanks stock as macro headwinds deemed ‘too severe’
Roku Inc.’s stock was getting punished Thursday after the streaming-media company’s latest forecast sparked fears about the fate of streaming advertising in an uncertain economic environment. Shares were off more Read more
Tupperware stock craters after company warns its debt burden may force it out of business
Tupperware Brands Corp. stock tumbled 41% Wednesday, after the maker of food storage products missed third-quarter earnings expectations, warned it may go out of business, and conceded that some of Read more