Electronics, entertainment, and appliance retail giant Best Buy Co, Inc. (NYSE: BBY) has just posted earnings. This last quarter was a 10% rise to $1.71 EPS in a revenue gain to $13.418…
On Wednesday we’ll get to see earnings out of Best Buy Co. Inc. (NYSE: BBY). The estimates from First Call are $1.65 EPS on $13.18 billion in revenues. Next quarter estimates are…
New data from ChangeWave Research point to a huge drop in spending on consumer electronics. The most recent data was taken from a survey of 4,427 consumers between February 19th and 25th.…
Those rummaging through the garbage of 52-week low lists are usually bottom-fishing investors or desperate CEOs. But, the list is so broad that it has become a tableau of the market as…
Baby has got to have new shoes. For those who can’t afford the nice ones, there is always Wal-Mart (NSYE: WMT). And that showed up in their same-store sales last month. Wal-Mart’s…
ChangeWave looked at consumer spending habits between February 18 and February 25. They polled 3,773 people on their spending plans going forward. Thirty-nine percent said that they would spend less over the…
Several brands which were extremely powerful during the last few decades are about to disappear. Many of them no longer drive big sales. Some are a part of companies that are in…
Below are the top analyst calls that 247WallSt.com is looking at this morning in early trading: Barnes & Noble (NYSE: BKS) downgraded to Underweight at JP Morgan. Best Buy (NYSE: BBY) downgraded…
Evidence, anecdotal or stronger, is emerging that Dell (NASDAQ: DELL) machines are selling poorly at retailers like Wal-Mart (NYSE: WMT) and Best Buy (NYSE: BBY). The lines of people looking for a…
Short interest in companies traded on the NYSE increased for a number of financial firms based on positions as of February 15. The data compares to numbers on January 31 Shares sold…
Most stocks trading under $10 probably traded much higher at one point or another. Trading below that price point is usually not a badge of honor. But, inexpensive stocks often make huge…
Microsoft (NASDAQ: MSFT) backed the wrong horse in the fight for high definition DVD disks and players. Redmond sided with Toshiba and its HD DVD platform and shipped the Xbox 360 with…
It appears that Sony (NYSE: SNE) has finally won the battle for high-definition DVDs. Last week, Wal-Mat (WMT), Best Buy (BBY), and NetFlix (NFX) dropped the Toshiba HD DVD format in favor…
Geeks On Call Holdings, Inc. (OTCBB:GOCH) has completed a merger transaction and the closing of a $3.0 million private placement. There was an SEC filing showing the details of the financing. Trading…
Douglas A. McIntyre Is Sears (SHLD) getting a little low on cash? A bunch of analysts think so. The cash balance that Sears showed in its last financial statement was a bit light. According to…