2 min read · 03 January 2012
3 min read · 03 January 2012
1 min read · 02 January 2012
(Reuters) - Amazon.com Inc shares fell to their lowest level since late March on Thursday on concern about sales growth during the online retailer's crucial fourth quarter. Goldman Sachs analysts said in a note from Wednesday that Amazon has typically bested overall online sales growth by 23 points. comScore reported earlier this week that online holiday spending in the U.S. rose 15 percent to a record $35 billion from November 1 to December 26, versus the comparable period last year.
2 min read · 29 December 2011
1 min read · 28 December 2011
2 min read · 23 December 2011
4 min read · 23 December 2011
(Reuters) - Google Inc and TransCanada Corp announced deals to buy solar power projects on Tuesday, just days after billionaire Warren Buffett made his second major purchase in the sector. Prices for solar panels have fallen more than 40 percent this year, pushing the cost to install the renewable energy systems to their cheapest levels ever. But solar panel makers have struggled as the price decline eroded profit margins for the nascent industry, driving share prices across the sector sharply lower.
2 min read · 20 December 2011
AT&T has abandoned its $39 billion bid to buy T-Mobile, Deutsche Telekom's U.S. wireless unit, after facing intense regulatory opposition. AT&T will have to find another way to address its shortage of wireless airwaves while Deutsche Telekom has to go back to the drawing board on what to do with T-Mobile USA, the struggling U.S. business it had desperately wanted to shed, Reuters wrote.
4 min read · 20 December 2011
4 min read · 20 December 2011