No Recovery At Best Buy
The market does not expect much from Best Buy (NYSE: BBY). The company is about to release quarterly figures. Analysts think that results will be hurt by low TV sales. Best Buy…
The market does not expect much from Best Buy (NYSE: BBY). The company is about to release quarterly figures. Analysts think that results will be hurt by low TV sales. Best Buy…
Are investors forgetting the lessons of the dot-com bust of the 1990s?It would seem to be the case. Just like in the Clinton administration, companies with uncertain prospects are attracting insanely high…
A monopoly is either what the government says it is or what a dominant company’s competitors claim. The government’s opinion is the only one that counts, however, as Sprint will find out…
Japan may need to work with the G7 to keep the yen low. (Reuters) Sony (NYSE: SNE) factories and Rio Tinto (NYSE: RTP) expansion plans were hurt by the earthquake’s aftermath. (Reuters)…
It is not unusual for companies with highly successful products to run out of inventory. Oftentimes, companies are forced to scramble at the last minute to meet an unexpected upsurge in demand.…
Its no secret, Microsoft Corp. (NASDAQ:MSFT) has been left in the dust by Google (NASDAQ:GOOG) and Apple Inc. (NASDAQ:AAPL). In the past year, the NASDAQ increased 11% while Microsoft (MSFT) shares have…
FedEx (NYSE: FDX) profits will probably be higher but hurt by gas prices. (Reuters) Lehman Bros has set November 17 as the date to get approval of its bankruptcy plan. (Reuters) Problems…
In the past 12 months, shares of Netflix, Inc. (NASDAQ: NFLX) have shot up nearly 300%, from around $70/share to around $220/share, after peaking at near $250/share. The trailing P/E is more…
How did Microsoft Corporation (NASDAQ: MSFT) miss the mark so badly in digital music? How did Sony Corporation (NYSE: SNE) allow the great brand of the Walkman get over-run? The world of…
The rook of a second nuclear reactor blew off in Japan. (Reuters) A hacker group plans to release Bank of America (NYSE: BAC) e-mails today. (Reuters) Members of Congress are certain of…
When Google Inc. (NASDAQ: GOOG) coughed up $1.65 billion for YouTube in 2006, there were plenty of questions about what the Google brass was smoking. It’s still not clear whether YouTube is…
Japan was hit by an 8.9 magnitude earthquake. (Reuters) Chinese insurance regulators passed on details of the AIG (NYSE: AIG) disaster to local insurance companies, according to WikiLeaks. (Reuters) Apple (NASDAQ: AAPL)…
Jon OggShort sellers are selectively making very mixed short selling activities in the high-priced market leaders. Some are seeing gains, others are seeing lower short selling. We tracked the moves for the…
Yesterday’s Facebook slap on Netflix, Inc. (NASDAQ: NFLX) is one which has already gone with some supporting the drop and others refuting it. It seemed a bit harsh if you look at…
“If gasoline tops $4.00 per gallon in the coming weeks, consumers may be forced to make significant changes to their spending habits. At this stage of the recovery, that could be an…