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…
Almost two-thirds of Americans say a recession is likely in the next year and a majority believes the economy is already faltering, according to a Bloomberg/Los Angeles Times survey. That means that…
Apple (AAPL) always beats earnings forecasts. In the last quarter, it hit revenue of $6.22 billion and had a profit of $1.01 a shares. It sold 10.2 million iPods, 1.1 million iPhones…
Following is the short interest in stocks of major companies traded on the NYSE. Figures are as of October 15 and compare to numbers on September 28, 2007. Most of the large…
Below are the major changes in short interest in NYSE listed companies comparing the figures on September 28 with those on September 14. Largest Short Positions Company …
Online retailer Amazon (AMZN) hit a 52-week high last week. So did Priceline (PCLN), Expedia (EXPE), and eBay (EBAY). Even Overstock (OSTK) made the list. On the 52-week low side of the…
Best Buy (NYSE:BBY) is doing a large management suffle. Normally management shuffles spook investors and normally we don’t like to see them in good companies. But if this was being evaluated in…
Douglas A. McIntyre 