Best Buy’s Psychological Death From Store Closures (BBY)
Best Buy Co. Inc. (NYSE: BBY) is not just down because the company’s earnings and guidance were unenthusiastic. The stock is not just down because it is cutting 400 management positions and…
Best Buy Co. Inc. (NYSE: BBY) is not just down because the company’s earnings and guidance were unenthusiastic. The stock is not just down because it is cutting 400 management positions and…
Electronics retailer Best Buy Co. Inc. (NYSE: BBY) reported fourth quarter and full year earnings this morning. For the quarter, the company reported adjusted EPS of $2.47 on revenue of $16.63 billion.…
Markets opened nearly flat this morning but took a dive early and have muddled along the rest of the day in negative territory. This morning’s report on falling durable goods orders got…
Earnings season is all but over and only the tail end of the quarterly and off-calendar reporting outfits are still reporting earnings. Still, the coming week does have several key earnings reports…
Best Buy Co. Inc. (NYSE: BBY) sold nearly as many iPhones from Apple Inc. (NASDAQ: AAPL) in the past three months as Apple itself did. In a report from Consumer Intelligence Research…
RadioShack Corporation (NYSE: RSH) is doing badly enough in general that shares are almost at another 52-week low. To add insult to injury, that is happening at a time when the market…
courtesy Facebook Inc.The 10 most-visited websites in America may share a few characteristics, but interestingly enough, none are in the same business, with the exception of two portals. Each has a different…
RadioShack Corporation (NYSE: RSH) is hardly trading up even after reports from Bloomberg have noted that RadioShack could become a takeover target. This is as short sellers have increased their activity betting…
Best Buy Co., Inc. (NYSE: BBY) has two things working against it today, or at least two things that were not among the myriad of issues impacting it before the last half-day…
Jon OggThis last week brought many new analyst calls in key stocks. At the end of each week we review research calls looking for the best gems, the calls that made serious…
All three major US indexes opened lower this morning following the report that US GDP grew by 2.8% in the fourth quarter. A rise of 3% was expected. Combined with the lack…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street brokerage and research firms this Friday morning. The Allstate Corporation (NYSE: ALL) Started as Outperform at…
Best Buy Co., Inc. (NYSE: BBY) has been anything but great for investors in the last year. The electronics retailer might have been considered “Worst Buy” by Wall Street when it comes…
Walmart (NYSE: WMT) added a new CEO to oversee its e-commerce operations. The general perception is that this business should be more competitive with Amazon.com (NASDAQ: AMZN). That will be hard to accomplish in…
Customers, employees, shareholders and taxpayers hate large corporations for many reasons. 24/7 Wall St. reviewed a lengthy list of corporations for which there is substantial research data to choose the 10 most…