Sony (NYSE: SNE) says it will eliminate 10,000 jobs and retool the company for growth. (Reuters) Exports from Japan improve. (Reuters) The Fed’s Beige Book reports concern about energy costs. (Reuters) The World…
Spain’s industrial production falls 5.1% on an annual basis in February. (MarketWatch) U.S. brokerage firms pay increasingly higher bonuses to get top producers. (Reuters) Alcoa (NYSE: AA) has a surprising first-quarter profit.…
24/7 Wall St. has said for over a year that Best Buy (NYSE: BBY) could not be turned around under incompetent CEO Brian Dunn. Clueless Best Buy founder Richard M. Schulze must…
Investors have plenty of reasons to want disoriented Best Buy (NYSE: BBY) CEO Brian J. Dunn to be dismissed. Dunn has lost his way as he tries to find a path to compete online with…
Markets opened higher this morning and after a decline in mid-morning moved higher and wobbled around modest gain to the beginning of the last hour of trading today. This morning’s report on…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Friday. Best Buy Co. Inc. (NYSE: BBY) Maintained Hold at Argus. Buffalo Wild…
Three companies recently announced plans to improve their fortunes. Google (NASDAQ: GOOG) will launch its own tablet PC to challenge the Apple (NASDAQ: AAPL) iPad, the Wall Street Journal reports. Best Buy…
Eurozone officials will increase the size of the funds to create “firewalls” around financially troubled nations. (Reuters) Research In Motion’s (NASDAQ: RIMM) CEO says the firm’s struggles will continue as more management…
Markets opened lower this morning but fought back on the day. This morning’s report new unemployment benefits claims tamped down enthusiasm among investors (our coverage here). US natural gas inventories rose much…
Best Buy Co. Inc. (NYSE: BBY) is not just down because the company’s earnings and guidance were unenthusiastic. The stock is not just down because it is cutting 400 management positions and…
Jon C. Ogg Electronics retailer Best Buy Co. Inc. (NYSE: BBY) reported fourth quarter and full year earnings this morning. For the quarter, the company reported adjusted EPS of $2.47 on revenue of $16.63 billion.…
Paul Ausick Markets opened nearly flat this morning but took a dive early and have muddled along the rest of the day in negative territory. This morning’s report on falling durable goods orders got…
Earnings season is all but over and only the tail end of the quarterly and off-calendar reporting outfits are still reporting earnings. Still, the coming week does have several key earnings reports…
Best Buy Co. Inc. (NYSE: BBY) sold nearly as many iPhones from Apple Inc. (NASDAQ: AAPL) in the past three months as Apple itself did. In a report from Consumer Intelligence Research…
RadioShack Corporation (NYSE: RSH) is doing badly enough in general that shares are almost at another 52-week low. To add insult to injury, that is happening at a time when the market…
Jon C. Ogg 
