Electronics retailer Best Buy Co. Inc. (NYSE: BBY) reported first quarter results this morning that were better than expected and the company’s shares are getting a much-needed bounce. The company reported adjusted…
G8 leaders will seek solutions to the EU crisis. (Reuters) The Facebook IPO, priced at $38, will raise $16 billion. (Reuters) A new poll shows Greeks favor pro-bailout leaders who will keep…
The three major US stock indexes opened essentially flat this morning as investors were faced with a flat report on new claims for jobless benefits (our coverage here). Manufacturing data from the…
Video game retailer GameStop Corp. (NYSE: GME) reported earnings this morning, and there were really no big surprises. The company had already said EPS would be $0.54. Revenues were a bit light,…
Paul Ausick The three major US stock indexes opened higher this morning as investors appeared to be reacting to a temporarily stronger euro, which indicated some confidence in the Eurozone generally. But the dollar…
Electronic Arts Inc. (NASDAQ: EA) has released its earnings, and we forecast that this will help set the reception tone for Activision Blizzard Inc. (NASDAQ: ATVI) when it reports later in the…
GameStop Corporation (NYSE: GME) may be down today because of a Needham & Co. research downgrade where the video game retailer was cut to “Hold.” There is another interesting call to analyze…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Wednesday. American Superconductor Corporation (NASDAQ: AMSC) Started as Buy at Maxim Group. Cepheid,…
Markets opened sharply this morning and remained in negative territory all day. Purchasing managers’ indexes in the eurozone and in China came in lower than expected this morning, weighing European and Asian…
Gamestop Corporation (NYSE: GME) is still sitting in the same sort of No-Man’s Land position its chart has been in for some time. With a $3.2 billion market cap, its $23.50 share…
Jon C. Ogg lululemon The past few years have been challenging for the retailing industry, and there are signs that 2012 will be no different. One key metric used to judge the health of a…
Video-game retailer GameStop Corp. (NYSE: GME) reported this morning that same-store sales for the nine-week holiday season fell -0.3%. US sales were up by 0.3% during the period, but international sales fell…
Paul Ausick 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…
Greek citizens stage large protests. (Reuters) Citigroup (NYSE: C), Bank of America (NYSE: BAC) and Morgan Stanley (NYSE: MS) could be affected when S&P updates its credit ratings on the world’s 30 largest…
Traders started off this morning on a bit of a selling spree, but for most of the morning the indexes were roughly flat. In the afternoon, however, selling picked up and all…
