While most earnings have already been announced, we have a significant number of sector leaders reporting earnings this week. We have taken the Thomson Reuters consensus earnings per share and revenue estimates…
Stocks opened the week lower Monday, with the Dow Jones Industrial Average down 0.21%, the Nasdaq down 0.37% and the S&P 500 down 0.30%. Today’s winner is being boughto out by a…
Either the market does not believe that Best Buy’s (NYSE: BBY) new CEO Hubert Joly, former head of hotel operator Carlson, can turn the consumer electronics retailer around, or fears have grown…
No matter who gets control of Best Buy Co. Inc. (NYSE: BBY), its current board or founder Richard Schulze, the company faces brutal cuts in stores and personnel. There is no other…
Workers in the aerospace industry are concerned about potential military cuts at the end of this year. (Reuters) Best Buy Co. Inc. (NYSE: BBY) says that founder Richard Schulze turned down an…
Best Buy Co. Inc. (NYSE: BBY) plans to name CEO Hubert Joly of the hospitality company Carlson as its new chief executive, according to DealBook. This announcement ends the electronics retailer’s months-long search…
Trey Thoelcke The three major US stock indexes opened higher this morning after the news that German chancellor Angela Merkel said Germany would support European Central Bank sovereign bond buying. Unfortunately she doesn’t have…
Best Buy Co. Inc. (NYSE: BBY) founder and CEO Richard Schulze continues to push his case to take Best Buy private. “You can easily test how real my proposal is by granting me permission to form a…
While the Samsung Electronics (OTC: SSNLF) and Apple Inc. (NASDAQ: AAPL) continue to fight in court over mobile technology, both companies are preparing to release new products. We’ve already noted the coming…
Wal-Mart Stores Inc. (NYSE: WMT), CVS Caremark Corp. (NYSE: CVS), 7-Eleven Inc., Sunoco Inc. (NYSE: SUN) and other well-known retailers are expected to announce that they have banded together to develop a…
Wikimedia Creative Commons, JohnnyMrNinjaReed Hastings, CEO of Netflix Inc. (NASDAQ: NFLX), might well assume that as the company’s founder he should have an unfettered ability to run the company. That may not be…
Wikimedia CommonsJCPenney Co. Inc. (NYSE: JCP) reported an adjusted second-quarter net loss of $0.37 per share and $3.02 billion in revenues before markets opened today. EPS for the same period a year…
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…
Make no mistake about it. Best Buy Co. Inc. (NYSE: BBY) founder and former chairman Richard Schulze played a major role in the ruin of the retail chain, which took about two years, before he made…
The three major US stock indexes opened higher this morning most likely due to the lack of bad news on the Eurozone’s financial troubles (more coverage here). Asian markets got a chance…
