Sharper Image Cuts Estimates, Shares Drop
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Specialty retailer Sharper Image Corp.  lowered its earnings estimates on Monday on weaker-than-expected holiday sales, sending its shares down 17 percent.
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Sharper Image Corp. SHRP.O said on   Monday it restated financial results for the last three fiscal   years up to the one ended in January 2006, and that it would   delay filing its quarterly report due to an ongoing review of   its stock option practices.
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Digital cameras led retail price declines in U.S. consumer electronics in October, as manufacturers looked to clear out older models ahead of the holiday shopping season, according to an industry study prepared for Reuters.
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U.S. shares were expected to open lower on Wednesday after crude oil pushed to a fresh high overnight, while Web search engine Google Inc. dented sentiment as it slashed the price range on its initial public offering. In a statement posted on its IPO Web site, Google said it had cut the range on its IPO to &#36;85-&#36;95 per share from &#36;108-&#36;135 previously, a 26 percent reduction at the mid-point of the range.
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Sharp Corp said on Monday its operating profit in the financial first half likely slipped 12.4 percent from a year earlier, falling short of market expectations, on tight supplies and higher prices of materials used to make solar cells.
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Specialty retailer Sharper Image Corp. (SHRP) lowered its earnings estimates on Monday on weaker-than-expected holiday sales, sending its shares down 17 percent in early trading.
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The Nikkei average edged down 0.12  percent on Wednesday as profit-taking wiped out earlier gains  in Softbank Corp. (9984.T) and other index heavyweights, and  paper stocks lost ground after Oji Paper Co. Ltd. (3861.T) said  it expected its $1.4 billion takeover bid for a rival to fail.
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Sharper Image of San Francisco revised down its outlook for next year, saying sales increased only 4 percent through Dec. 24. This is trending below our expectations for an increase in total company sales
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Specialty retailer Sharper Image Corp. (SHRP.O: Quote, Profile, Research) lowered its earnings estimates on Monday on weaker-than-expected holiday sales, sending its shares down 17 percent.
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Sharper Image Corp. (Nasdaq: SHRP) on Monday lowered its earnings guidance after holiday sales failed to meet expectations. The San Francisco retailer said earnings in the fourth quarter, which ends Jan. 31
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The company's sales fall, pulling down its stock price.
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Shares of Sharper Image Corp.  SHRP.O, a retailer of personal and home electronics, fell  before the bell on Friday, a day after the company reported a  lower quarterly profit and forecast a loss for the current  quarter.
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Markets shrug off strong GDP, consumer price reports in light trading before the Christmas holiday. NEW YORK (CNN/Money) - Bonds edged lower Wednesday morning, erasing gains posted in the previous session, and
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A sharp plunge in energy prices pulled U.S. producer prices down 0.7 percent last month, a sharper-than-expected drop and the biggest in more than 1-1/2 years, a government report showed on Friday.
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NEW YORK - Investors on Thursday will weigh the sharp retraction in stocks the day before as well as fears that the corporate profit picture is deteriorating.    Dow Jones futures fell 4 points recently, while Nasdaq futures were down 3 points and S&P futures dropped 0.20 points...
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Shares were set for a weaker start on Friday as investors sought direction after four days of choppy trading and ahead of an interest-rate decision next week.
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Kodak said the reductions are because of the increasing popularity of digital photography. The cutbacks are part of the three-year program Kodak announced in January to reduce its