Fedex sees huge day for 'Cyber Monday'

US delivery giant FedEx said Wednesday it expects its busiest day in company history with some 22 million shipments around the world on "Cyber Monday" which falls December 2.

IPhone bills boost Verizon 1Q revenue growth

(AP) -- Holiday sales of the iPhone 4S started to boost revenue at Verizon Communications Inc. in the latest quarter, as subscribers settled in to paying their new monthly bills.

GameStop holiday sales nearly flat at $3.02B

(AP) -- Video game retailer GameStop Corp. on Monday reported nearly flat sales for the nine-week holiday period that ended on Dec. 31, as game software sales rose but sales of game consoles and other hardware slid.

Activision 3Q earnings soar, 2011 outlook raised

(AP) -- Activision Blizzard Inc. said Tuesday that its third-quarter net income nearly tripled thanks to strong demand for its video games. The company also raised its full-year outlook on the heels of Tuesday's launch of ...

Retail sector improves as consumers open their wallets

Retail sales for the upcoming holiday season should echo the nation's struggling economic recovery as consumers increase buying by 2.3 percent over last year, says a new report from Ball State University.

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