ClearWire Corp. (NASDAQ: CLWR) saw shares rise some 23% on Tuesday because of reports that newly-named Sprint Nextel (NYSE: S) CEO Dan Hesse has revived serious discussions with Clearwire. This would be…
Sears (SHLD) controlling shareholder Eddie Lampert has no one but himself to blame for the disaster created by putting together two weak retailers, Sears and K-Mart, to try to make on strong…
Sears (SHLD) has begun to hire some heavy hitters to run its online operations. Since the company does not do a very good job of selling merchandise in its stores, perhaps it…
Short interest on January 15 showed bets against financial shares listed on the NYSE climbed when compared to December 31 numbers. Shares short in Countrywide Financial (CFC) rose 32.5 million to 166.9…
According to Reuters, Bear Stearns (BSC) replaced its CEO James Cayne who will remain chairman. Reuters writes that the CEO of Best Buy (BBY) sees the retail climate getting tougher. Reuters writes…
These are not the only impact analyst calls affecting stocks this morning, but these are the ones that 247WallSt.com is focusing on: Agilent (A) raised to Buy at Banc of America. Bed…
Dell (DELL) is trying to pick which products it wants to give to retailers like Best Buy (BBY) and Wal-Mart (WMT) and which it wants to sell on the internet. Maybe it…
Circuit City (NYSE: CC) has just posted its earnings, or at least its results. The company posted a loss of $140 million from operations. Quarterly net sales decreased 3.1 percent to $2.96…
According to Reuters, Philips plans to buy-back $7.2 billion in shares. The Wall Street Journal writes that former Treasury Secretary Lawrence Summers believe that the government should put together a $75 billion…
Best Buy (NYSE: BBY) has posted $0.53 EPS versus $0.41 estimates from First Call and posted $9.92 Billion revenues versus a $9.45 Billion revenue estimate from First Call. The company has also…
Douglas A. McIntyre Below is the top news that 247WallSt.com is focusing on that is impacting stocks in pre-market trading activity: Adobe Systems (ADBE) traded down 2% after beating earnings and slightly raised guidance. ATS…
So far shares of Best Buy (NYSE:BBY) have managed to escape the retail woes seen at many specialty retailers. It does after all have a huge selection of PC’s, smartphones, iPods, video…
The November 30 short interest of NYSE traded stocks shows that the market is predicting a further drop in financial and tech stocks. The numbers compare to November 15, 2007. The short…
There are many other impact analyst calls this morning, but these are the TOP 10 ANALYST CALLS that 24/7 Wall St. is focusing on: AFLAC (AFL) raised to Hold from Sell at…
Since every other company in the world from NBC to Wal-Mart (WMT) to Amazon (AMZN) is in the video distribution, why not Best Buy (BBY)? Why not, indeed. Today the company launched…