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November U.S. auto sales seen rising about 4 percent by analysts

December 1, 2016 by · Leave a Comment 

DETROIT (Reuters) – Hefty consumer discounts during a robust Black Friday weekend helped boost November U.S. auto sales between 4 percent and 5 percent, which could catapult results this year above a record high in 2015, economists and industry analysts said.

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November U.S. auto sales seen rising about 4 percent by analysts

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U.S. crowds pick up slightly on Black Friday, online sales jump

November 26, 2016 by · Leave a Comment 

U.S. online sales surged on Black Friday, with Amazon.com Inc offering the steepest discounts among e-commerce sites as it set the agenda for what has traditionally been the biggest shopping day of the year for brick-and-mortar retailers. In-store shopping began to pick up in the afternoon, but the increase in customer traffic paled in comparison to the jump in online sales, analysts said. The National Retail Federation has said it expects total…

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U.S. crowds pick up slightly on Black Friday, online sales jump

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U.S. retail group expects pickup in holiday sales growth

October 4, 2016 by · Leave a Comment 

U.S. holiday sales will increase by 3.6 percent in 2016, more sharply than last year, as a stronger job market and robust household spending have improved consumer sentiment, according to an outlook from the leading retail industry group. The National Retail Federation forecast sales for the last two months of the year at $655.8 billion, excluding for autos, gasoline and dining out. The NRF's forecast is one …

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U.S. retail group expects pickup in holiday sales growth

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Bass Pro consortium in the lead to acquire Cabela’s: sources

October 3, 2016 by · Leave a Comment 

A consortium of Bass Pro Shops, Goldman Sachs Group Inc's private equity arm and Capital One Financial Corp is in the lead to acquire U.S. outdoor gear retailer Cabela's Inc , according to people familiar with the matter. It would come close to a year after Cabela's said it would explore strategic alternatives, including a potential sale, after coming under pressure from activist fund Elliott Management Corp. The exact price the Bass Pros consortium

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Bass Pro consortium in the lead to acquire Cabela’s: sources

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U.S. holiday retail sales grow a ‘solid’ 7.9 percent: MasterCard

December 29, 2015 by · Leave a Comment 

(Reuters) – Strong online sales and demand for furniture and women's apparel helped U.S. retail sales grow by a “solid” 7.9 percent this holiday season, according to MasterCard Advisors SpendingPulse. U.S. retail sales, excluding automobiles and gas, had grown 5.5 percent in the period between Black Friday and Christmas Eve last year. Online sales grew 20 percent in the holiday season this year, MasterCard

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U.S. holiday retail sales grow a ‘solid’ 7.9 percent: MasterCard

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Apple asks court to make Samsung pay $180 million more in patent dispute

December 24, 2015 by · Leave a Comment 

By Andrew Chung NEW YORK (Reuters) – Just over a week after Samsung paid Apple more than $548 million for infringing the patents and designs of the iPhone, Apple has asked a U.S. court to force its biggest smartphone rival to cough up even more. In court papers filed on Wednesday, Apple Inc said Samsung Electronics Co Ltd owes nearly $180 million in supplemental damages and interest. Representatives for Samsung and Apple could not immediately be reached

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Apple asks court to make Samsung pay $180 million more in patent dispute

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U.S. retailers at risk of missing modest holiday sales goals

December 24, 2015 by · Leave a Comment 

CHICAGO/NEW YORK (Reuters) – Retailers are struggling to meet even modest forecasts for the holiday shopping season this year after the “Super Saturday” before Christmas failed to live up to its nickname, industry research groups said. The last Saturday before Christmas often sets the annual record for retail sales, vying with Thanksgiving weekend's Black Friday. This year Super Saturday weekend sales in stores and

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U.S. retailers at risk of missing modest holiday sales goals

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AstraZeneca in talks to buy cancer drugmaker Acerta for $5 billion: WSJ

December 12, 2015 by · Leave a Comment 

Netherlands based-Acerta is developing cancer drugs that use the body's own defenses against the disease. On Monday, Acerta reported that 95 percent of patients with chronic lymphocytic leukemia positively responded to

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AstraZeneca in talks to buy cancer drugmaker Acerta for $5 billion: WSJ

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U.S. consumers loosen purse strings as holidays start

December 12, 2015 by · Leave a Comment 

U.S. consumers showed some muscle in November at the start of the holiday shopping season, suggesting enough momentum in the economy for the Federal Reserve to raise interest rates next week for the first time in nearly a decade. The outlook for consumer spending, which accounts for more than two-thirds of economic activity, got a lift from other data …

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U.S. consumers loosen purse strings as holidays start

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Cyber Monday sales top $3 billion as discounts spur buyers

December 2, 2015 by · Leave a Comment 

Shopping through mobile devices soared on Cyber Monday, accounting for more than a quarter of the $3 billion in sales, but many online retailers struggled to get visitors using smartphones and tablets to shop as much as those using desktops. Bigger-than-expected discounts …

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Cyber Monday sales top $3 billion as discounts spur buyers

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