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…
Best Buy Co. Inc. (NYSE: BBY) surged on news that founder and 20.1% owner Richard Schulze has sent a letter to the board of directors saying that he is set to offer…
Jon C. Ogg Stocks are up Monday over earnings beating estimates and easing concern in Europe. The Dow Jones Industrial Average is up 0.58%, the Nasdaq is up 0.76% and the S&P 500 is up…
247sam Best Buy Co. Inc. (NYSE: BBY) is surging this morning. Bloomberg first reported, now confirmed in a press release, that founder Richard Schulze is sending a letter to the board of directors saying…
Best Buy Co. Inc. (NYSE: BBY) is back in play. We reported this as one of the companies that could be taken over as soon as this summer, and we now have…
Home electronics giant Best Buy Co. Inc. (NYSE: BBY) has seen its shares plunge today following an earnings warning from much smaller rival hhgregg, Inc. (NYSE: HGG). The Indianapolis-based retailer, which operates…
Best Buy (NYSE: BBY) recently laid off 2,400 people. Wall St. has watched for a much more substantial sign, on the heels of years of poor performance and the departures of both its…
Douglas A. McIntyre Updated throughout the day on the 24/7 Wall St. Wire GM (NYSE: GM) has begun negotiations with Facebook over being to advertise on the social network again (Reuters) Apple (NASDAQ: AAPL) will…
The European Central Bank probably will cut rates due to weaknesses in EU economies. (Reuters) Some states push mediation as a way to keep people in their homes. (Reuters) US Airways (NYSE:…
Best Buy Co., Inc. (NYSE: BBY) is surging in early trading on this merger Monday. While there is no direct Best Buy news this morning there is ample speculation that this will…
Jon C. Ogg 
