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Asian Stocks Rise on Bargain Hunting (New York Times)
Japanese shipping companies and electronics makers led gains in Asia on speculation falling oil prices would ease fuel costs and encourage consumers to spend more.
Holiday Sales Tumble as U.S. Consumers Cut Spending (Update2) (Bloomberg)
Dec. 26 (Bloomberg) -- Consumers spent at least 20 percent less on women?s clothing, electronics and jewelry during November and December, resulting in what may be the biggest holiday-shopping sales decline in four decades.
Philips Electronics reinvents itself, again (International Herald Tribune)
Philips wants to get away from home electronics and sell hospital scanning and monitoring equipment and high-tech light bulbs made with light-emitting diodes.
Wal-Mart Will Offer Apple?s IPhone Starting Dec. 28 (Update2) (Bloomberg)
Dec. 26 (Bloomberg) -- Wal-Mart Stores Inc. , the world?s largest retailer, said it will start selling Apple Inc.?s iPhone on Dec. 28 at almost 2,500 U.S. stores to bolster its offering of consumer electronics.
Big year for farm electronics firm, Farmscan (North Queensland Register)
It?s been a big revival this year for Farmscan, the farm electronics manufacturer based in WA.
Royal Philips Sheds Old Businesses for New Directions (New York Times)
The Dutch industrial giant is moving away from home electronics and toward the next generation of light bulbs and hospital scanning and monitoring equipment.
Thieves Targeting Electronics, Video Game Consoles (FOX 10 Phoenix)
Some of you might be hooking up your new electronics or video game systems on Christmas, but be careful when throwing out the boxes. As FOX 10's Marc Martinez reports, thieves are targeting homes where they see boxes for expensive electronics.
Holiday Sales Tumble as U.S. Consumers Reduce Luxury Purchases (Bloomberg)
Dec. 26 (Bloomberg) -- Cutbacks on clothing, electronics and jewelry led U.S. retail sales to drop as much as 4 percent this holiday season as consumers limited purchases to necessities, according to SpendingPulse data.
A less electrifying electronics expo (Los Angeles Times)
Amid the recession, the Consumer Electronics Show in Vegas will go easier on the glitz and 'cool stuff' and focus more on generating sales. The Consumer Electronics Show in Las Vegas -- known in years past for its outsized booths, wall-to-wall crowds and lobster dinners -- is going to be a lot tamer next month.
Japan shares rise despite plunge in factory output (AP via Yahoo! News)
Japanese shares rose Friday despite a slew dismal economic data, including a record drop in the country's industrial output, as investors hunted for bargains in beaten-down auto and electronics stocks.
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