The three major US stock indexes opened somewhat higher this morning following better-than-expected data on UK retail sales and an inline reading on Eurozone CPI (more coverage here). The news out of…
GameStop Corp.’s (NYSE: GME) second-quarter earnings and sales fell as the lack of new game releases led to software and hardware declines. GameStop’s second-quarter earnings were $21 million, or $0.16 a share,…
247sam Electronic Arts Inc. (NASDAQ: EA) has joined the wave of video game companies that may be up for sale. The great rumor mill of Wall St. (and Cyber Street) now has EA…
The three major US stock indexes opened somewhat lower this morning following an announcement from the Bank of England that it would not change interest rates nor asset purchases. In Asia, the…
The three major US stock indexes opened lower this morning following more data from China. Both export and import data fell short, weighing on most Asian markets (more coverage here). There was…
Companies often tout their workplaces as an inviting environment for employees. Yet many are far from it, and employees at many of America’s largest corporations dislike, or even hate, their jobs. With…
How often do ratings agencies talk about buyout rumors? That is what we are faced with this morning after a report was issued by Fitch Ratings covering Best Buy Co, Inc. (NYSE:…
With 80% of the 120 companies it tracks having reported first quarter 2012 results, research firm Retail Metrics says that retailers who beat earnings estimates are up 5% year-over-year for the period,…
Electronics retailer Best Buy Co. Inc. (NYSE: BBY) reported first quarter results this morning that were better than expected and the company’s shares are getting a much-needed bounce. The company reported adjusted…
G8 leaders will seek solutions to the EU crisis. (Reuters) The Facebook IPO, priced at $38, will raise $16 billion. (Reuters) A new poll shows Greeks favor pro-bailout leaders who will keep…
The three major US stock indexes opened essentially flat this morning as investors were faced with a flat report on new claims for jobless benefits (our coverage here). Manufacturing data from the…
Video game retailer GameStop Corp. (NYSE: GME) reported earnings this morning, and there were really no big surprises. The company had already said EPS would be $0.54. Revenues were a bit light,…
Paul Ausick The three major US stock indexes opened higher this morning as investors appeared to be reacting to a temporarily stronger euro, which indicated some confidence in the Eurozone generally. But the dollar…
Electronic Arts Inc. (NASDAQ: EA) has released its earnings, and we forecast that this will help set the reception tone for Activision Blizzard Inc. (NASDAQ: ATVI) when it reports later in the…
GameStop Corporation (NYSE: GME) may be down today because of a Needham & Co. research downgrade where the video game retailer was cut to “Hold.” There is another interesting call to analyze…
