Best Buy Back in Deep Trouble
courtesy Best Buy Co. Inc.Best Buy Co. Inc. (NYSE: BBY) started a turnaround under CEO Hubert Joly who joined the huge consumer electronics company in August 2012. The company had been damaged by…
courtesy Best Buy Co. Inc.Best Buy Co. Inc. (NYSE: BBY) started a turnaround under CEO Hubert Joly who joined the huge consumer electronics company in August 2012. The company had been damaged by…
MicrosoftIt didn’t take very long for Microsoft Corp. (NASDAQ: MSFT) to erase the $100 price premium it charged for the new Xbox One compared with Sony Corp.’s (NYSE: SNE) PlayStation 4. All…
Speculation is that Amazon.com is preparing to launch a game console/TV set top type device that will resemble the so-called Chromecast dongle. That is, the device will be less like a set…
ThinkstockThis past week marked the fifth anniversary of the bottom of the market from March 2009. To celebrate those massive gains since then, the Dow Jones Industrial Average has now fallen five…
SolarCity and Best Buy have teamed up to help customers go solar. The aim for the solar panel installer is to get face time with shoppers to explain how much money they…
Best Buy reported better-than-expected fourth-quarter and full-year fiscal 2014 earnings before markets opened Thursday morning, but revenues fell short of estimates and same-stores sales declined.
courtesy Best Buy Co. Inc.Electronics retailer Best Buy Co. Inc. (NYSE: BBY) reports fourth-quarter and full-year results before markets open Thursday morning, but the company has reportedly already begun a cost-cutting program…
In a new research report, the retail team at Stifel did an outstanding job of finding which traditional retailers had actually matched every metric in their Omni-Channel scoreboard. Five top names did…
ThinkstockCustomer satisfaction with retailers in the U.S. is at an all-time high, up for the third year in a row. While the industry improved overall, not all retailers received accolades, according to…
If Tuesday's move in Office Depot is not proof that the efficient market does not exist, then what does? Ditto for Staples. We have said that the efficient market theory has been…
courtesy of Sony Corp.Maybe it’s because Saturday is launch day in Japan for the PlayStation 4 from Sony Corp. (NYSE: SNE), but the company’s hot-selling new game console is practically non-existent on…
From car sales to cancelled airline flights to empty stores, it has been a retail winter of discontent. With the calendar pushing toward spring, and temperatures finally lifting in the south, some…
In a new research report, analysts at J.P. Morgan lay down a bet that the American consumer is not dead. Here are seven large cap consumer stocks to buy recommended by J.P.…
The equity research team at Jefferies has come out with a list of their stocks to buy that have been ambushed hard, not only the past two trading days, but since the…
There are indications, with holiday numbers in, that several other large retailers will have to cut stores and staff, and that some of these cuts will be large. The most likely candidates…