Companies /Consumer Cyclical

Best Buy Co. Inc

NYSE: BBY Specialty Retail
$92.63
▼ $1.54 (−1.64%) today
Markets closed · 5:06pm ET

BBY Coverage Page 38

11:50am ET
Retail

E-commerce Retail Sales Rise Nearly 16% in Q4

ThinkstockIn its quarterly report on estimated e-commerce retail sales released today, the U.S. Census Bureau said that adjusted online sales jumped 15.6% year-over-year in the fourth quarter of 2012. On an unadjusted…

Paul Ausick
6:37am ET
Retail

Taking J.C. Penney Private

courtesy J.C. Penney Co. Inc.Now that nearly every public company in trouble appears to be a potential target for a leveraged buyout (LBO), J.C. Penney Co. Inc. (NYSE: JCP) has a chance…

Douglas A. McIntyre
6:43am ET
Retail

If Best Buy Buyout by Founder Fails, Shares Will Fall

courtesy Best Buy Co. Inc.Best Buy Co. Inc. (NYSE: BBY) founder Richard Schulze set an agreement with the troubled retailer’s board in August that would allow him to examine its financials with the goal…

Douglas A. McIntyre
6:43am ET
Investing

Media Digest (2/14/2013) Reuters, WSJ, NY Times, FT

Outerwall Inc.The German and French economies contracted in the final three months of 2012. (Reuters) The merger of American Airlines and U.S. Airways Group Inc. (NYSE: LCC) is approved by each company’s…

Douglas A. McIntyre
4:03pm ET
Retail

Schulze Losing Interest in Acquiring Best Buy

courtesy Best Buy Co. Inc.Shares of Best Buy Co. Inc. (NYSE: BBY) have just dropped right before the closing bell. The word is out that founder Richard Schulze is considering alternatives to…

Jon C. Ogg
6:39am ET
Investing

Twenty Sinful Companies to Give Up for Lent

ThinkstockAs Fat Tuesday quickly turns into Ash Wednesday, Lent will take place from Wednesday, February 13 to Saturday, March 30 in 2013. It may not seem like much on the surface, but…

Jon C. Ogg
6:21am ET
Retail

Amazon and Apple Crush Competition in New Mobile Survey

Wikimedia CommonsAmazon.com Inc. (NASDAQ: AMZN) and Apple Inc. (NASDAQ: AAPL) place so high on most customer satisfaction surveys that the repetition has made the conclusions commonplace. Unfortunately for several financially battered retailers,…

Douglas A. McIntyre
6:00am ET
Retail

Are E-commerce Sales Really So Good?

ThinkstockResearch firm comScore reported about 2012 that: For the full year, U.S. retail e-commerce sales reached $186.2 billion, an increase of 15 percent — the strongest annual growth rate since before the…

Douglas A. McIntyre
6:45am ET
Retail

Best Buy Tries to Smack Down 24/7 Wall St.

courtesy Best Buy Co. Inc.Over the weekend, a Best Buy Co. Inc. (NYSE: BBY) public relations department manager, Jonathan Sandler, decided to mount a personal attack on a 24/7 Wall St. writer for…

BBY
Douglas A. McIntyre
6:32am ET
Investing

What’s Important in the Financial World (2/4/2013)

ThinkstockA Tomato Truce The tomato wars between Mexico and the United States are over. The announcement was front page news, although it is hard to see why that happened. According to The…

Douglas A. McIntyre
6:39am ET
Retail

Best Buy Knuckles Under

courtesy Best Buy Co. Inc.The management of Best Buy Co. Inc. (NYSE: BBY) finally has come to its senses — at least in part. The retailer will close 15 of its large stores…

Douglas A. McIntyre