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WHOLESALE Resource Center

Source Match Wholesale Industry News

Key states move closer to foreclosure-abuse deal (AP)

AP - California and New York, the key holdouts in a long-awaited settlement over foreclosure abuses, moved closer Monday to backing a deal that would force the five largest mortgage lenders to reduce loans for about 1 million households. More than 40 U.S. states have agreed to a nationwide settlement.

Look out, Netflix: Redbox teaming up with Verizon to stream movies (Yahoo! News)

Yahoo! News - It's been a rough 12 months for movie rental giant Netflix. The company sharply increased rates from $8 to $15, irking customers, and announced plans to split into two confusing new entities, renaming its traditional DVD-by-mail service Qwikster. Netflix ultimately abandoned its Qwikster …

More than 40 states agree to foreclosure deal (AP)

AP - More than 40 U.S. states have agreed to a nationwide settlement over foreclosure abuses.

MGM gets $500 mln loan to expand film, TV slate (Reuters)

Reuters - Metro-Goldwyn Mayer said its lenders agreed to loan the studio $500 million to retire debt it took on when it emerged from bankruptcy about a year ago and to expand its film and TV production.

Wholesale gas prices rocket as Europe is hit by big freeze

Plunging temperatures and a supply squeeze sent UK wholesale gas prices soaring to their highest level in nearly six years yesterday, as Europe shivered in the grip of the big freeze.

Greek leaders face crunch talks, unions strike (Reuters)

Reuters - Greek political leaders face crunch talks on Tuesday to hammer out a deal on unpopular reforms that have prompted the country's biggest labor unions to walk off the job.

After U.S. oil snub, Canada focuses on China (Reuters)

Reuters - Canada will focus on exporting oil and other goods to China and other booming Asian economies even if Washington overturns its decision to block a pipeline that would have sent more Canadian crude to the United States.

Exclusive: Facebook governance a concern for Calif pension fund (Reuters)

Reuters - Facebook's corporate governance rules, which give shareholders little say in how the social networking website would be run as a public company, are raising the hackles of one of the largest U.S. investors, the California State Teachers' Retirement System.

Exclusive: Facebook governance a concern for Calif pension fund (Reuters)

Reuters - Facebook's corporate governance rules, which give shareholders little say in how the social networking website would be run as a public company, are raising the hackles of one of the largest U.S. investors, the California State Teachers' Retirement System.

Verizon to set up streaming service with Redbox (AP)

In this Jan. 6, 2012 photo, attendees check out the unveiling of 4G devices at the Verizon booth during the Consumer Electronics Show, in Las Vegas. Challenging Netflix, Verizon said Monday, Feb. 6, 2012, it will start a video streaming service later this year in cooperation with Redbox and its DVD rental kiosks. (AP Photo/Isaac Brekken)AP - Phone company Verizon Communications Inc. will challenge Netflix and start a video streaming service this year with Redbox and its DVD rental kiosks.


Mortgage deal faces setbacks, again (Reuters)

Reuters - A multi-state mortgage settlement in the works for more than a year will likely be pushed back again as dissident U.S. states continue to press specific concerns and ignore a Monday deadline to decide whether they will sign it.

Yum Brands posts 30 percent 4th-qtr profit rise (AP)

File - This Nov. 22, 2011 file photo provided by Yum Brands, shows the Pizza Hut Big Dinner filled with two medium rectangular one-topping pizzas, eight wings and five breadsticks. Yum Brands releases quarterly financial results Monday, Feb. 6, 2012, after the market close.(AP Photo/Pizza Hut, File)AP - Yum Brands Inc., owner of the Pizza Hut, Taco Bell and KFC fast-food chains, said Monday that its fourth-quarter profit rose 30 percent with a recipe of strong overseas growth mixed with a sales turnaround at Pizza Hut in the U.S.


Greece caves in on civil service firings (AP)

A woman walks past a advertising board for a pawn shop, in central Athens, on Monday, Feb. 6, 2012. Parties backing Greece's coalition government will hold a second day of emergency talks Monday on a vital austerity deal with rescue creditors, after an intense weekend of negotiations failed to produce a breakthrough needed to avert bankruptcy in March. (AP Photo/Dimitri Messinis)AP - Greece's coalition government caved in to demands to cut civil service jobs, announcing 15,000 positions would go this year, amid mounting international pressure to agree on austerity measures needed to secure major new debt agreements.


Coinstar's stock soars on strong 4Q for Redbox (AP)

COMMERCIAL IMAGE - In this photograph taken by AP Images for Redbox, Bob Mudge, right, president of Verizon Consumer and Mass Business Markets, and Paul Davis, CEO of Coinstar, Inc. announced today, Monday, Feb. 6, 2012, in New York, a joint venture that delivers a combination of Redbox entertainment options with an on-demand streaming service from Verizon, Inc.  Redbox Automated Retail, LLC is a wholly-owned subsidiary of Coinstar, Inc.  (Diane Bondareff/AP Images for Redbox)AP - Coinstar's fourth-quarter earnings soared past analyst estimates as the company's Redbox kiosks for renting DVDs picked up customers who stopped getting their discs through Netflix's rival service.


Kindle-wielding Amazon dips toes into physical world (Reuters)

Reuters - Amazon.com Inc is dipping its toes into the physical world as the largest online retailer offers more products in stores that may benefit from hands-on interaction with shoppers.

Ford won't bid to replace military Humvees (Reuters)

Reuters - Ford Motor Co said on Monday it had decided not to participate in a new Pentagon competition to replace the U.S. military's fleet of workhorse Humvee vehicles.

Why Are Digital Cameras Disappearing? (ContributorNetwork)

ContributorNetwork - COMMENTARY | According to Mike Tomkins of Imaging Resource, digital camera maker Canon is in a bit of a bind. Its high-end Single Lens Reflex (SLR) cameras are growing in popularity, but compact cameras -- the basic point-and-shoot variety -- are starting to tank except in "emerging markets." Which is code for third-world countries, where most people can't afford SLRs anyway.

Cisco seen reporting solid second quarter (Reuters)

Reuters - A year after network equipment maker Cisco Systems Inc unnerved investors with yet another weak quarterly outlook the company looks set to report a stable quarter buoyed in part by improving enterprise demand in the United States.

Shop like you used to: Amazon mulling brick-and-mortar rollout (Yahoo! News)

Yahoo! News - From e-tail to retail? If rumors are true, massive online marketplace Amazon is taking a risky step: opening a brick-and-mortar store of its own. Plans for the new store aren't entirely solid yet. Still, Amazon is supposedly looking into opening up …

Just Show Me: 3 great to-do apps for your Android phone (Yahoo! News)

Yahoo! News - Welcome to Just Show Me on Tecca TV, where we show you tips and tricks for getting the most out of the gadgets in your life. In today's episode we'll show you three great to-do apps for your Android phone. To get started, download …

Shakespeare in Bits: Hamlet leads iOS Apps of the Week (Appolicious)

Appolicious - With Super Bowl Sunday having come and gone, you won’t see any football-focused apps in this week’s top selections. Instead there’s a little something for everyone. Apps for gamers, apps for fans of classic literature and even new interactive apps that might forecast the future of media as we know it. This eclectic selection should keep you busy for while. Besides, Spring Training starts in a few weeks anyway!

The Worthless Junk the 1 Percent Waste Their Money On (ContributorNetwork)

ContributorNetwork - COMMENTARY | Strictly speaking, the 1 percent -- people whose incomes put them above the other 99 percent of us, starting at about $340,000 a year as of 2009, according to IRS data -- don't actually spend much of their money.

The rise and fall of HTC (Appolicious)

Appolicious - HTC was one of the first developers to get aboard the Android train. When Google first launched its original operating system a few years ago, HTC were there. This weekend, we learned that HTC reported a significant loss in the final quarter of 2011 and offered guidance that things might not get any better.

Wall St edges lower after string of gains (Reuters)

Specialist trader Jason Hardzewicz (L) of Barclay's Capital gives prices to traders on the floor of the New York Stock Exchange February 3, 2012. REUTERS/Brendan McDermidReuters - Stocks closed slightly lower on Monday as lingering questions about Europe's debt crisis and corporate earnings overshadowed growing optimism about economic growth after a five-week rally.


Verizon-Redbox deal adds to online video choices (AP)

In this Jan. 6, 2012 photo, attendees check out the unveiling of 4G devices at the Verizon booth during the Consumer Electronics Show, in Las Vegas. Challenging Netflix, Verizon said Monday, Feb. 6, 2012, it will start a video streaming service later this year in cooperation with Redbox and its DVD rental kiosks. (AP Photo/Isaac Brekken)AP - A new Internet streaming venture built around Redbox's DVD-rental kiosks adds to a crowded field of online video-viewing services dominated by Netflix.


Love gone wrong? Go digital to get over an ex (AP)

This undated frame grab provided by WotWentWrong.com shows the company's home page on its website. Online dating sites and apps for hooking up on the go are abundant. But breakup tech hasn't kept pace. The latest entrant is WotWentWrong, brand new for dumpees in search of feedback from their formers after a first date fails to produce a follow-up call or budding love dies on the vine without explanation. (AP Photo/WotWentWrong.com)AP - You thought you found your one true love online, but now you've been dumped by text or defriended on Facebook without a peep of explanation. Hours of bad TV in your bathrobe haven't helped. Your friends are tired of your whining.


Anti-cuts protests push Romania PM out (Reuters)

Reuters - Romanian Prime Minister Emil Boc resigned on Monday, joining a list of European leaders felled by fury at the kind of spending cuts that prompted weeks of mass protests in Bucharest against IMF-backed austerity.

90 DC workers face firing for unemployment fraud (AP)

AP - About 90 District of Columbia workers have been suspended and may be fired after officials determined they received unemployment checks while holding city jobs.

Symantec warns of mutating malware in Android Market (Appolicious)

Appolicious - The world of mobile device malware is getting a little more dangerous with the announcement from tech security company Symantec that it has discovered malware programs that mutate every time they’re downloaded.

Evi attempts to fill Siri void for non-4S users (Appolicious)

Appolicious - I opted to skip upgrading to iPhone 4S, but that decision cost me access to an app I quite liked: Siri Assistant. With Siri’s much-lauded integration into the 4S, users on aging devices might feel abandoned when it comes to artificial intelligence. Enter Evi; a 99-cent app for iPhone and iPod Touch that aims to fill the void Siri has left.

Taiwan smartphone maker HTC sees Q1 revenue lagging (Reuters)

Reuters - Taiwan smartphone maker HTC Corp expects to post much lower-than-expected revenue in the first quarter, underscoring analyst views that it will face another weak quarter and an uphill struggle to prove to investors it still retains its innovative touch.

TiVo shares appear to be discounted: report (Reuters)

Reuters - TiVo Inc is trading at a compelling discount and could be a possible acquisition target by Microsoft or Google, Barron's financial newspaper reported on Sunday.

ProSource Wholesale Floorcoverings Hosts CFI Certification at 2012 Installer Day

Leading wholesale flooring and carpet experts certify industry professionals in flooring installation at ProSourceChicago, Illinois (PRWEB) February 05, 2012 ProSource Wholesale Floorcoverings, a leader in wholesale flooring and carpet, held another Installer Day and CFI Certification at the 2012 Installer Day event in Elk Grove Village, Illinois on January 6th and 7th. The two day event took ...

Saving Even More At A Wholesale Club

Shopping at a wholesale club can help you save time, trouble and money. (NAPSI)—Smart shoppers save more by following a few simple techniques to extend their purchasing power. You don’t have to spend hours clipping coupons, either (although that may work, too). It’s more about learning where you can save the most while not overwhelming a family’s already busy schedule. Shopping Suggestions Here ...

Nasdaq core profit tops expectations (Reuters)

Reuters - Nasdaq OMX Group Inc's core profit topped analysts' expectations for the fourth quarter, boosted by a rise in revenue from market data and technology, which helped offset a soft trading environment.

Dominion Dealer Solutions® Delivers Access to OPENLANE® Wholesale Auction Data in Dominion Inventory

Dominion Dealer Solutions, the nation’s largest provider of comprehensive inventory management solutions, data services, merchandising tools, and a leading provider of automotive d

BB&T Purchases Leading Wholesale Insurance Brokerage

WINSTON-SALEM, N.C., Feb. 3, 2012 /PRNewswire/ -- BB&T Corporation (NYSE: BBT - News) announced today that it has reached an agreement to acquire the life and property and casualty insurance operating divisions ...

Euro zone sales tumble at Christmas, no sign of growth (Reuters)

Reuters - Retail sales in the euro zone tumbled unexpectedly in December, the biggest drop in the Christmas period in three years, data showed on Friday, with rising joblessness and stubborn inflation undercut signs of a stabilization in Europe's economy.

Research and Markets: 2012 Worldwide Beer & Ale Wholesale Industry-Industry & Market Report

Research and Markets has announced the addition of the "2012 Worldwide Beer & Ale Wholesale Industry-Indu

Costco Wholesale Corporation Reports January Sales Results

ISSAQUAH, WA-- - Costco Wholesale Corporation today reported net sales of $7.00 billion for the month of January, the four weeks ended January 29, 2012, an increase of 11 percent from $6.30 billion during ...

Efinancial Wholesale Holds Sales Contest Giving Life Insurance Brokers the Opportunity to Win a Dream Vacation

Efinancial Wholesale, a leading online life insurance wholesaler, is proud to announce the launch of the First Quarter-2012 Efinancial Sales Incentive. The contest gives Efinancial in-house life insurance agents and individual producers the opportunity to win one of two dream vacations.Bellevue, Wash. (PRWEB) February 01, 2012 Efinancial Wholesale, a leading online life insurance brokerage, is ...

NASA Launches Facebook Game to Test Space Program Knowledge (Mashable)

Mashable - How much do you know about the NASA space program, Earthling?

CTS Wholesale Sunglasses is Now on Facebook

CTS Wholesale Sunglasses launches its Facebook page and gets on other social media places to be closer to its customers.(PRWEB) January 31, 2012 CTS Wholesale Sunglasses, the importer and distributor of wholesale sunglasses, has launched its Facebook page at http://www.facebook.com/CTSWholesaleSunglass to be closer to its customers and participate in social media conversations with other ...

Wholesale Jewelry Distributor CERIJewelry.com Proudly Offers the Latest Addition to Its Inventory: Gorgeous iPhone 4 ...

Reputable supplier of fashionable wholesale jewelry CERIJewelry.com expands its product inventory by launching sparkling iPhone cases at competitive wholesale prices. Diamond cases for iPhones, Blackberry, and Samsung phones start at $6.50 and clients can select from a wide variety of styles such as animal prints, hearts, skulls, and rubber designs. CERIJewelry.com also offers the latest ...
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