courtesy Best Buy Co. Inc.Best Buy Co. Inc. (NYSE: BBY) was supposed to report results last night, but that was also the deadline for the company’s ousted founder to make a firm…
Paul Ausick courtesy Best Buy Co. Inc.Best Buy Co. Inc. (NYSE: BBY) founder Richard Schulze will not make an offer to buy a large stake in the company in exchange for three board seats,…
Douglas A. McIntyre courtesy of NetflixChina’s PMI slips to a slow 50.1 in February, a signal of slacking demand for manufactured goods. (Reuters) Groupon Inc. (NASDAQ: GRPN) fires its CEO after poor financial performance. (Reuters)…
U.S. equity markets opened mixed this morning as the federal budget sequester appears to be set to go into effect tomorrow. Global data releases were also mixed. In Europe, the consumer price…
courtesy Best Buy Co. Inc.We’ll know at midnight tonight whether or not Best Buy Co. Inc. (NYSE: BBY) founder Richard Schulze has put together an offer for the company he once ran…
Paul Ausick ThinkstockSears Holdings Corp. (NASDAQ: SHLD) reported fourth-quarter and fiscal year 2012 results before markets opened this morning. The department store operator reported quarterly adjusted diluted earnings per share (EPS) of $1.12 on…
ThinkstockThe Wall Street Journal published a rumor that Barnes & Noble Inc. (NYSE: BKS) chairman and large shareholder Leonard Riggio may try to takeover the part of the company that owns its stores through a leveraged buyout (LBO).…
Jon OggThe week ahead is going to have many key earnings reports. Retail is heavily represented, while technology and banking giants are non-existent. Some of these are stocks which can move big…
courtesy of Facebook Inc.Everyone knows that if a company or product shows up on the first page of results from a search engine query, the chances that the company or product will…
courtesy of Office DepotRumors came out over the weekend that Office Depot Inc. (NYSE: ODP) and OfficeMax Inc. (NYSE: OMX) finally are considering a long-awaited and long-speculated merger. This will not be…
ThinkstockIn its quarterly report on estimated e-commerce retail sales released today, the U.S. Census Bureau said that adjusted online sales jumped 15.6% year-over-year in the fourth quarter of 2012. On an unadjusted…
courtesy J.C. Penney Co. Inc.Now that nearly every public company in trouble appears to be a potential target for a leveraged buyout (LBO), J.C. Penney Co. Inc. (NYSE: JCP) has a chance…
courtesy Best Buy Co. Inc.Best Buy Co. Inc. (NYSE: BBY) founder Richard Schulze set an agreement with the troubled retailer’s board in August that would allow him to examine its financials with the goal…
Outerwall Inc.The German and French economies contracted in the final three months of 2012. (Reuters) The merger of American Airlines and U.S. Airways Group Inc. (NYSE: LCC) is approved by each company’s…
courtesy Best Buy Co. Inc.Shares of Best Buy Co. Inc. (NYSE: BBY) have just dropped right before the closing bell. The word is out that founder Richard Schulze is considering alternatives to…
