Is The Best Buy Stock Run Over?
courtesy Best Buy Co. Inc.The shares of Best Buy Co. Inc. (NYSE: BBY) are up almost 250% this year. The company’s management has staged a turnaround, at least partially. But the progress is…
courtesy Best Buy Co. Inc.The shares of Best Buy Co. Inc. (NYSE: BBY) are up almost 250% this year. The company’s management has staged a turnaround, at least partially. But the progress is…
courtesy Wal-Mart Stores Inc.The spread of estimates of how holiday sales did over the period from Black Friday through Cyber Monday is wide. NRF reported that Thanksgiving Holiday spending reached $57.4 billion, which was…
Wikimedia CommonsAmazon.com Inc. (NASDAQ: AMZN) admitted that the discounts it gave on gifts during its Black Friday Deals Week and Cyber Monday Deals Week are over. Like every other retailer, it has…
MicrosoftIn an announcement Wednesday morning touting its sale of more than 2 million of its new Xbox One game consoles, Microsoft Corp. (NASDAQ: MSFT) said, “Demand is exceeding supply in our 13…
thinkstockThe NFL is supposed to make money on TV rights and from major sponsors. Most of these sponsors are among the largest branded companies in the United States. And virtually all of them already…
Wikimedia CommonsThe conventional wisdom on Wall Street at almost every major firm we cover is that interest rates are going higher in 2014. The bond market is a very anticipatory vehicle. From…
Wikimedia CommonsWithout mentioning a single fact, Amazon.com Inc. (NASDAQ: AMZN) said Wednesday morning that the past weekend’s shopping was the best ever for its Kindle family of products. Fact-free announcements are standard…
ThinkstockA survey for the National Retail Federation (NRF) estimated that more than 141 million different shoppers hit the stores over the four-day Thanksgiving holiday. That is slightly more than the 139 million…
ThinkstockWhat has become the largest day for online sales in any given year is nearly upon us again. Cyber Monday, the first Monday after the long Thanksgiving weekend, is right around the…
ThinkstockRetailers are well into their Black Friday shopping day by now and we thought we’d take a look at how the stocks at ten leading retailers are reacting to early news of…
ThinkstockBlack Friday is nearly here and with it comes an estimate of what retailers can expect in the way of traffic and sales. Consulting firm Deloitte LP has conducted an online survey…
Jon OggEarnings season is now winding down and stocks keep challenging new all-time highs. Now investors and traders alike are starting to decide how to best position their assets for 2014. Each…
courtesy Wal-Mart Stores Inc.Black Friday, the biggest shopping day of the year, looms, and once again retailers are offering holiday deals in an attempt to get more shoppers into their stores. Several…
courtesy Best Buy Co. Inc.Best Buy Co. Inc. (NYSE: BBY) reported third-quarter fiscal 2014 results before markets opened Tuesday morning. The big-box retailer of electronics gear reported adjusted diluted earnings per share…
courtesy of Wal-Mart Stores Inc.Wal-Mart Stores Inc. (NYSE: WMT) decided to hammer its competition by matching some Black Friday prices one week before Black Friday. The move could drive down Walmart’s margins on…