Consumer Electronics

It looks like Sony had a very specific reason for holding the PS Vita until 2012. And that reason is: another rehash of the original PlayStation Portable is headed to retailers. The news came just moments ago during Sony's (NYSE: SNE) live press conference at Gamescom, Europe's biggest video game...

What has Apple gotten itself into now? I knew it was a mistake when the Mac maker started to sue everybody. You can't do that. There will always be copycats. There will always be clones. And just because Company X tries to imitate Company Z does not mean you can head into court and walk away with...

And all this time I thought that a delay was the worst thing that could happen to Sony's (NYSE: SNE) next-gen handheld. It turns out that there was something far worse brewing: the simple fact that people don't care about PS Vita. At all! That's according to Lyle Hall and Matthew Seymour at Heavy...

There are a lot of bizarre sites in the world. Lately, there have been a few bazaar sites as well. But only one combines the art of haggling with the benefits of crowdsourcing: oBaz.com. “The group is very important,” said Brian Ficho, the founder and CEO of oBaz. “We're entirely community-driven...

Shares of SONY (NYSE: SNE) are higher on the session by 4.03%, currently trading at $22.35. The stock has been moving largely lower over the past three months and is currently trading below the 50-day moving average. Options traders are buying calls on the name today. A short while ago the...

J.P. Morgan is out with its report today on Harman International (NYSE: HAR), lowering its PT to $50 from $52. In its report, J.P. Morgan writes, "Our Dec-2011 HAR price target of $50 (vs. $52 previously) applies a 14x P/E to our revised FY2013 EPS estimates. Currently, the stock trades at a 9.4x...

JP Morgan has lowered the price target on Harman International (NYSE: HAR) from $52 to $50 and maintains its Overweight rating.

Every year, many consumers spend hundreds and even thousands of dollars to upgrade their televisions, game systems, and stereo systems. With new technologies being developed constantly, people are also purchasing diverse devices such as tablet computers and electronic readers. This entertainment...

Major U.S. Indexes are building upon yesterday's gains, on the heels of a 0.5% increase in retail sales – the biggest gain since March. August Consumer sentiment, however, plunged from 63.7 in July to 54.9 – its lowest level since May of 1980. The market seems to be shrugging off the consumer...

Emerson Radio Corp. (NYSE: MSN) today announced that Adrian Ma, age 66, resigned from his position as Chief Executive Officer of Emerson Radio Corp. effective August 8, 2011, as well as all other positions held with the Company and any of its subsidiaries, effective the same date. Mr. Ma also...

Bank of America has lowered the price objective on TMS International (NYSE: TMS) from $18 to $15 and maintains its Buy rating.

Shares of Harman International Industries (NYSE: HAR) are lower on the session by 6.06%, trading at $28.22. Overall call volume is now running at 7.78x the daily average, with 0% of all calls traded being purchases on the offer. 3,036 contracts have traded on the session so far. Harman...

Shares of Harman International (NYSE: HAR) are lower on the session by 6.64%, trading at $28.04. Overall call volume is now running at 11.52x the daily average, with 1% of all calls traded being purchases on the offer. 5,265 contracts have traded on the session so far. Harman International...

Macy's Inc (NYSE: M) reported upbeat second-quarter profit and lifted its full-year profit forecast. Macy's reported its quarterly profit at $241 million, or $0.55 per share, up from $147 million, or $0.35 per share, in the year-ago period. Its sales climbed 7.3% to $5.94 billion. However, analysts...

Harman International Industries Inc (NYSE: HAR) reported a 21% rise in its quarterly sales. Harman posted its quarterly operating income at $26 million, flat versus the year-ago period. Excluding special items, Harman's earnings came in at $0.34 per share from continuing operations. The company's...