Reports that the chain will close three hundred brick - and - mortar stores over the next several years was one of the first real nails in its coffin as far as critics were concerned, and coupled with lagging sales of devices and ebooks, many were certain that it was an indication of the company's doom. (goodereader.com)
Intel earnings: Cloud must grow to paper over PC slide Intel looks to server chips for growth, but Nvidia and AMD are taking same approachLike much of the tech sector, Intel Corp. is banking its future on strong growth in cloud computing, as the chip maker seeks to make up for lagging sales in its core legacy business amid stronger competition. (marketwatch.com)
P&G tempered lagging sales with improving margins, reporting adjusted earnings of $ 1.09 a share, a penny above expectations. (nbr.com)