7:35am ET
Investing
Private Equity Value for Best Buy (BBY, GME, WMT, AMZN)
After losing about a third of its value in the last year, Best Buy Co. (NYSE: BBY) may start to be thrown around as a private equity takeover name. A report from…
Companies
/Consumer Cyclical
Best Buy Co. Inc
$94.82
▲ $1.60 (+1.72%) today
Markets closed · 8:14am ET
BBY Coverage
Page 502:13pm ET
Investing
RIM PlayBook Price Drops to $299 (RIMM, BBY, HP, AAPL)
In an apparent effort to blow out its existing inventory, Research in Motion Ltd. (NASDAQ: RIMM) has dropped the price of all its PlayBook tablets to $299 — regardless of memory size.…
6:31am ET
Media
Media Digest (12/27/2011) Reuters, WSJ, NYT, FT, Bloomberg
Retailers hope that “mega Monday” sales continue a string of strong retail results. (Reuters) The MF Global disaster prompts requests that the systems for grain trading to be changed. (Reuters) Chinese investment…
6:00am ET
Retail
Retail Stocks Investors Abandoned May Be Crippled for Good
Investors walked away from several retail stocks late this year. Those companies probably will continue to falter in 2012 and 2013. Best Buy (NYSE: BBY), Gap (NYSE: GPS) and Sears Holdings (NASDAQ:…
6:25am ET
Media
Media Digest (12/23/2011) Reuters, WSJ, NYT, Bloomberg
Congress makes a deal to keep payroll taxes low and unemployment benefits in place for two more months. (Reuters) The U.S. approves a Deutsche Boerse deal to merge with NYSE Euronext (NYSE: NYX). (Reuters)…
12:43pm ET
Retail
Best Buy Spoils Christmas For Customers, CEO Dunn Must Go
The list of reasons that Best Buy’s (NASDAQ: BBY) board should fire CEO Brian Dunn just got longer. A number of orders made by customers from bestbuy.com will not be delivered by…
Douglas A. McIntyre 6:25am ET
Investing
Best Buy’s Dunn Should Be Next CEO Fired
Andrea Jung was forced out as CEO of Avon Products (NYSE: AVP) after years of poor financial performance at the company. The CEO of Best Buy (NYSE: BBY), Brian Dunn, should be the…
6:24am ET
Media
Media Digest (12/14/2011) Reuters, WSJ, NYTimes, FT, Bloomberg
A CME (NASDAQ: CME) executive says Jon Corzine knew about money that MF Global transferred to European accounts. (Reuters) Accounting problems at Olympus may make it a takeover target. (Reuters) Italian bond yields hit…
4:09pm ET
Investing
24/7 Wall St. Closing Bell (INTC, KALU, NOR, MA, V, BBY, FDS, FCEL, PTRY, MILL, LIVE, SYNO, RVSN, ECYT, IVN, GMCR, FST)
Stocks opened firmly higher this morning and the DJIA rose by more than 130 points in the first hour of trading. The dollar gained strength against the euro putting more enthusiasm into…
10:52am ET
Investing
Morning Movers (LIVE, SYNO, SSW, IVN, BBY)
There are several stocks trading more heavily than usual this morning, and also experiencing large gains or drops in share prices. These include LiveDeal Inc. (NASDAQ: LIVE), Synovis Life Technologies, Inc. (NASDAQ:…
Paul Ausick 8:59am ET
Investing
Best Buy Spent Big for Black Friday, Missed Estimates (BBY)
Electronics retailer Best Buy Co. Inc. (NYSE: BBY) tried something different this year to boost its Black Friday sales. The store spent much more on promoting its goods and opened its stores…
Paul Ausick 8:35am ET
Investing
Best Buy Screws Up Again: Is CEO In Trouble?
Best Buy (NYSE: BBY) shares plunged as it reported another weak quarter. CEO Brian J. Dunn may be closer to losing his job. Revenue rose only 2% to $12.1 billion in the…
Douglas A. McIntyre 8:49am ET
Investing
Best Buy’s Value May Be Too Compelling… To Some (BBY)
Chasing a stock just because it appears to be a “value stock” is often a painful exercise that damages investors. Still, sometimes the value of a company is just too difficult to…
Jon C. Ogg 8:31am ET
Investing
CNBC Survey Shows Holiday Shopping to Rise 22% (WMT, BBY, AMZN, AAPL, GRPN, TIF, M, SKS, TGT)
If the recent CNBC survey of US holiday shoppers accurately portrays what these shoppers plan to spend this year, US retailers can expect a pretty good year. Those surveyed said they plan…
6:51am ET
Retail
E-commerce Continues to Set Records, Advantage to Amazon.com
Holiday e-commerce sales continue to set records. Amazon.com (NASDAQ: AMZN), which is the leader in e-commerce sales by far as a single company, is likely to be among the major beneficiaries of…