Shares of Best Buy take a hit after the electronics retailer said lower prices on notebook computers and flat-panel TVs would eat into gross margins. Analyst Brian Nagel of Oppenheimer & Co. discusses the results with MarketWatch’s Andria Cheng.
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With hopes that the effects of the economic crisis will soon diminish, the government says that retail sales rose significantly last month. CBS News business correspondent Anthony Mason reports.
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A long hoped-for thaw in retail sales may finally be taking place, and its happening at the most important time of the year for retailers. (Dec. 12)
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Brian Hartlen, vice president of marketing at Varicent Software, says gut feelings are no longer a substitute for solid facts. He explains the difference between sales performance management, incentive compensation management and performance analytics.
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Top stories include: Rep. Barney Frank on the house passing financial regulatory reform. Treasury’s Pay Czar, Ken Feinberg. And Market Monitor Frank Cochrane.
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Nightly Business Report NBR for December 11, 2009
