Best Buy Co. Inc. (NYSE: BBY) surged on news that founder and 20.1% owner Richard Schulze has sent a letter to the board of directors saying that he is set to offer…
Jon C. Ogg Stocks are up Monday over earnings beating estimates and easing concern in Europe. The Dow Jones Industrial Average is up 0.58%, the Nasdaq is up 0.76% and the S&P 500 is up…
247sam Best Buy Co. Inc. (NYSE: BBY) is surging this morning. Bloomberg first reported, now confirmed in a press release, that founder Richard Schulze is sending a letter to the board of directors saying…
Best Buy Co. Inc. (NYSE: BBY) is back in play. We reported this as one of the companies that could be taken over as soon as this summer, and we now have…
Home electronics giant Best Buy Co. Inc. (NYSE: BBY) has seen its shares plunge today following an earnings warning from much smaller rival hhgregg, Inc. (NYSE: HGG). The Indianapolis-based retailer, which operates…
Best Buy (NYSE: BBY) recently laid off 2,400 people. Wall St. has watched for a much more substantial sign, on the heels of years of poor performance and the departures of both its…
Douglas A. McIntyre Updated throughout the day on the 24/7 Wall St. Wire GM (NYSE: GM) has begun negotiations with Facebook over being to advertise on the social network again (Reuters) Apple (NASDAQ: AAPL) will…
The European Central Bank probably will cut rates due to weaknesses in EU economies. (Reuters) Some states push mediation as a way to keep people in their homes. (Reuters) US Airways (NYSE:…
Best Buy Co., Inc. (NYSE: BBY) is surging in early trading on this merger Monday. While there is no direct Best Buy news this morning there is ample speculation that this will…
Jon C. Ogg Stocks Monday are down slightly, with the Dow Jones Industrial Average down 0.59%, the Nasdaq down 0.05% and the S&P 500 down 0.39%. But while there were several big stock winners, there weren’t…
As of late last week we had many potentially imminent buyouts that could have hit the market. When we were just finishing the report draft on Friday is when the Amylin Pharmaceuticals,…
Stockton, Calif., is about to file Chapter 9 bankruptcy. (Reuters) Apple (NASDAQ: AAPL) wins a court decision to stop shipments of the Samsung Galaxy Tab 10.1 tablet into the United States. (Reuters)…
Best Buy Co. Inc. (NYSE: BBY) has been a rumored buyout target for some time now that its woes began to go into overdrive. When the Chairman and Founder Richard Schulze announced…
Jon C. Ogg Over the last three months shares of Sears Holdings Corp. (NASDAQ: SHLD) have lost about a quarter of their value, falling from near $85 to around $52. In the three months preceding…
The pro-austerity party wins the election in Greece and will try to build a coalition. (Reuters) India surprises analysts by keeping its rates as is, despite a slow economy. (Reuters) The FCC…
