Quantcast

Posts related to ‘BBY’

More Pain For Research in Motion: Lower Guidance On Playbook Inventory Charge (RIMM, AAPL, AMZN, GOOG, SSNLF, BBY, WMT)

Posted: December 2, 2011 at 8:48 am

Smartphone pioneer Research in Motion Ltd. (NASDAQ: RIMM) has lowered its third-quarter guidance and said that it will take a “predominantly” non-cash charge of $485 million on its existing inventory ...
Read Full Story »

Online Retailers Stealing Bricks And Mortar Business

Posted: December 1, 2011 at 5:18 am

The Monday following this year’s Thanksgiving, also known as Cyber Monday, was the highest-grossing online shopping day in U.S. history. According to research firm comScore, spending reached $1.25 billion, an ...
Read Full Story »

Expected Sales Growth Drives Upside in Retail Stocks (COST, WMT, TGT, M, JWN, KSS, BBY)

Posted: November 22, 2011 at 2:27 pm

An unexpected gain in October retail sales has boosted prospects for a better-than-forecast holiday retail sales season. Some of the sales gains will come from lower pricing, which can’t always ...
Read Full Story »

Stock Market Votes for Walmart Over Amazon as Holidays Start

Posted: November 22, 2011 at 6:10 am

Amazon.com (NASDAQ: AMZN) is supposed to thrash Walmart (NYSE: WMT) in sales increases this holiday season. That should make Amazon the better investment. Wall St. believes otherwise, though. Over the past month, shares in Walmart ...
Read Full Story »

The Last Stand for Gap and Best Buy CEOs

Posted: November 21, 2011 at 6:13 am

The CEOs of Gap (NYSE: GPS) and Best Buy (NYSE: BBY) are at the ends of their respective ropes. If each company has poor holiday sales, as is expected, both chief ...
Read Full Story »

Media Digest (11/21/2011) Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: November 21, 2011 at 5:45 am

The supercommittee appears unlikely to settle on a deficit agreement. (Reuters) A senior Chinese official says he expects the global recession to last for some time. (Reuters) Spain’s center-right People’s ...
Read Full Story »

Black Friday Creeping into Thursday at Walmart (WMT, TGT, BBY, M, KSS, AMZN)

Posted: November 10, 2011 at 10:14 am

The retail jamboree known as Black Friday seems to start earlier every year. The door-buster sales used to begin in the wee hours of Friday morning, but several retailers have ...
Read Full Story »

Media Digest (11/8/2011) Reuters, WSJ, NYT, FT, Bloomberg

Posted: November 8, 2011 at 6:20 am

Olympus says it concealed losses for decades. (Reuters) Italy’s sovereign debt interest rates rise sharply. (Reuters) Toyota’s (NYSE: TM) profits fall and it withdraws its full-year forecast. (Reuters) Greece cannot ...
Read Full Story »

Best Buy: When Exits Don’t Help Value (BBY, AMZN, WMT, TGT, RSH)

Posted: November 7, 2011 at 3:35 pm

Best Buy Co. (NYSE: BBY) is facing yet one more tough reception of a company action after news that the electronics manufacturer is buying out its British partner of its ...
Read Full Story »

Wall St. Pessimism About Holiday Sales

Posted: November 7, 2011 at 6:30 am

Wall St. has voted on how strong holiday sales will be this year. Shares of Best Buy (NYSE: BBY) and Target (NYSE: TGT) are down year to date. Walmart (NYSE: ...
Read Full Story »

Media Digest (11/7/2011) Reuters, WSJ, NYTimes

Posted: November 7, 2011 at 6:18 am

There is concern that the new Greek government will not be stable enough to run the nation. (Reuters) As finances in Italy deteriorate, concerns grow about the ability of the ...
Read Full Story »

More Coal In The Stocking For Holidays

Posted: October 26, 2011 at 9:40 am

There will be more "Going Out Of Business" sales after the first of the year than was expected just weeks ago. Deloitte’s annual holiday survey data shows that: Consumers who ...
Read Full Story »

What’s Important Today (10/26/2011) Nokia’s New Phone, Berlusconi’s Trouble, Luxury Cars

Posted: October 26, 2011 at 6:37 am

Nokia's new Microsoft smartphone: Today will be remembered as the day that Nokia (NYSE: NOK) began an historic turnaround, or when it lost its bet on new smartphones that run ...
Read Full Story »

Full 360-Degree Preview of Amazon.com Earnings (AMZN, BBY, AAPL, NFLX)

Posted: October 25, 2011 at 1:16 pm

Amazon.com Inc. (NASDAQ: AMZN) is set to report earnings after the close of trading on Tuesday.  What makes Amazon so different from many peers in technology, internet and virtual companies ...
Read Full Story »

FedEx Adds to Seasonal Hiring Boost (FDX, BBY, JCP)

Posted: October 24, 2011 at 11:46 am

FedEx Corp. (NYSE: FDX) expects to handle more than 260 million packages during the coming holiday season. That’s a 12% increase from a year ago, and to cope with the ...
Read Full Story »