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MSNBC
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But "there was always push back" from sales executives when he advocated more conservative lending, Zimmer said. Like most big lenders, well over half of the loans made by People's Choice came not from its own employees but from independent mortgage broke..
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SF Gate
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Sales of new homes rose in April for the first time in six months although the unexpected increase still left activity near the lowest level in 17 years.
The Commerce Department reported Tuesday that sales of new homes rose 3.3 percent in April to a se..
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BusinessWeek
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The telecom equipment maker has been hurt by a weak dollar and a lack of competitiveness in wireless. But the outlook for the sector overall is stronger
In an industry buffeted by slowdown, Alcatel-Lucent may be taking more than its share of lumps...
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BusinessWeek
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High gas prices and the housing bust combine to drive pickup truck sales down to their second lowest level since 2000
By any measure, March was a lousy month for the car business. But for Detroit, it was truly dreadful.
Pickup trucks are taking a re..
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BusinessWeek
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Economic uncertainties kept buyers away from car lots in the first quarter as U.S. sales plummeted 12% for both domestics and imports
Automakers could only wish that the March sales numbers reported on Apr. 1 were a joke, but no one was laughing.
U...
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BusinessWeek
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Sales are up, as budget-minded consumers lured by cheap groceries make the retailer's stores their one-stop shopping choice
Twenty years ago Wal-Mart Stores (WMT) launched the first step in what would turn out to be an aggressive move into the grocery..
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BusinessWeek
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U.S. automakers expect 2008 sales to be the lowest since 1998. Even Toyota is losing ground with increasingly strapped U.S. consumers
Car buyers continued to jam on the brakes in February, slowing their pace of new purchases while continuing to shift f..
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CNN
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Royal Dutch Shell, Europe's largest oil company, reported a $31.3 billion yearly net profit on Thursday, due to divestments and higher oil prices. It represented a 23 percent rise from last year's figure of $24.4 billion, while sales rose 12 percent to $3..
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MSNBC
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Despite California wildfires and continuing problems in the housing market, General Motors and its Asian rivals posted U.S. sales increases in October and Toyota continued its drive to replace Ford as the No. 2 U.S. automaker, according to sales results r..
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Ars Technica
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Early sales indicate that DRM-free music is noticeably more popular than DRMed music, EMI senior VP Lauren Berkowitz recently told Bloomberg. The world's third-largest music label began selling its music without copyright protections last month through Ap..
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ABC News
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Shares of Microsoft Corp. soared nearly 4 percent Friday, after the company posted a 65 percent jump in third-quarter profit, boosted by sales of its new Windows Vista operating system and Office 2007, and by upgrade coupons issued over the holidays.
T..
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Washington Post
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Circuit City of Richmond lost $12.2 million during its fourth quarter, losing ground to rival Best Buy, which reported an 18 percent jump in profit.
Both consumer electronics retailers cited flat-panel television sales in discussing their results. Circ..
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Wallstreet Journal
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In a dramatic acceleration of the seven-year sales decline that has battered the music industry, compact-disc sales for the first three months of this year plunged 20% from a year earlier, the latest sign of the seismic shift in the way consumers acquire..
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ABC News
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Toyota, hot on the heels of General Motors to become the world's No. 1 automaker, reported a 7.3 percent jump in quarterly profit Tuesday on booming sales in North America and Europe that offset sluggish demand in Japan...
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The Register
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The leading DRM digital download service, Apple's iTunes, has experienced a collapse in sales revenues this year according to analyst company Forrester Research...
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ABC News
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Pfizer Inc. said Tuesday it will cut its U.S. sales force by 20 percent, or 2,200 people, as part of a cost-cutting program to transform the company into a more nimble organization as it struggles with sluggish sales...
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Ars Technica
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Deal site BlackFriday.info yesterday removed the Best Buy "Black Friday" sales price list after the big box retailer threatened to deliver a DMCA takedown notice to Black Friday's ISP. In a brief posting, Black Friday said, "While we believe that sale..
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The Register
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There are no stranger beasts in the business world than the major music labels. Only these creatures, represented by their legal attack dog the RIAA (Recording Industry Association of America), would apply an excusatory tone to the release of product ship..
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MSNBC
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Paul Feeney didn't commute with the Segway his parents gave him for Christmas in 2005 until he moved close to work this spring. The battery-powered, energy-efficient scooter makes the 1.4-mile commute fun, the 35-year-old Sun Microsystems sales representa..
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BusinessWeek
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New York has e-tailers like Amazon collecting sales tax. Other revenue-strapped states may follow
Jennifer Kahn usually began and ended her online shopping at one site: Amazon.con (AMZN). "I didn't think about it too much," says the Manhattan executive..
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