Saturday, July 14, 2012

HHGregg adds to worries over electronics retailers

MARKETWATCH FRONT PAGE

In another bad sign for the consumer-electronics retailers, HHGregg shares lose almost two-fifths of their value after the Indianapolis-based company forecasts a wider first-quarter loss on an unexpected drop in sales. See full story.

Google tablet costs $152 to build, analysis shows

Google�s tablet costs $152 to build, slightly higher than the cost for Amazon.com�s Kindle Fire, according to a tear-down analysis. See full story.

Netflix caught between speaking up and shutting up

Video-streaming leader sets viewing records, but is still trying to recover from several missteps and stock-price declines. See full story.

Municipal bonds discount San Bernardino bankruptcy

Municipal bond investors shrug off the latest California city to declare bankruptcy � San Bernardino � as the broader market continues to perform relatively well. �We�re going to have bankruptcies here and there,� says one analyst. See full story.

Goldcorp stock drops 10% on mine setbacks

Goldcorp Inc.�s U.S. shares Wednesday are on track to post their worst one-day loss since the peak of the financial crisis as analysts slashed outlooks after the Canadian gold miner�s warning on weaker output. See full story.

MARKETWATCH COMMENTARY

One thing that�s far more worrisome than the to-be-expected light summer trading volume is the recently bearish behavior of corporate insiders, writes Mark Hulbert. See full story.

MARKETWATCH PERSONAL FINANCE

It�s a situation that seems to defy supply-and-demand logic: If there�s more demand in the housing market, wouldn�t the cost of borrowing funds to buy a home be significantly on the rise? See full story.

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