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Take-Two Ticks Higher After GTA 5 Appears On Gamestop's Website (TTWO, GME)
Friday, April 15, 2011 - 11:24am | 36Take-Two Ticks Higher After GTA 5 Appears On Gamestop's Website (NASDAQ: TTWO) (NYSE: GME) http://www.gamestop.de/63147_Playstation3_GTA_5.aspx
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Deutsche Bank Discusses Best Buy's Plan To Reduce Store Size (BBY)
Friday, April 15, 2011 - 7:52am | 124Deutsche Bank is out with a research note on Best Buy Co., Inc. (NYSE: BBY) as the company announced an initiative to cut store size. In a note to clients, Deutsche Bank writes, "Best Buy, (BBY; $29.46) the largest consumer electronics retailer in the US, announced its future management strategy...
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Piper Jaffray Reiterates Overweight Rating On BBY
Friday, April 15, 2011 - 7:32am | 82Piper Jaffray, after attending Best Buy (NYSE: BBY)'s 2011 Analyst Day, is reiterating its Overweight rating on the company. A price target of $39 is maintained, also. In the report, Piper Jaffray writes, “Management was focused on three main initiatives including connected solutions growth,...
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CEOWORLD Daily Business Roundup- China, GOOG, ZIP, BAC, MAT, HAS, GPC, KNL, SCHW, JPM, WFC…
Friday, April 15, 2011 - 7:25am | 2050The world's largest electronics retailer by sales Best Buy Co. (BBY) plan to grow its online and mobile businesses while scaling back its “big box” retail space as part of a broader strategy to combat declining sales and rising competition. China's economy grew at a slightly slower rate in the...
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Early Dip Puts Market on Notice 04-14-2011
Thursday, April 14, 2011 - 3:18pm | 1004Cusick's Corner The market is holding and this is where I want to see the bid come in with some conviction in an attempt to buck the recent trend of weak finishes. Tech and Financials are starting to become more volatile, plus Financials are under pressure with some trading volume as well. Some of...
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Buy Sees 10% Reduction In US 'Big Box' Store Square footage Over Next 3-5 Yrs (BBY)
Thursday, April 14, 2011 - 9:30am | 24Buy Sees 10% Reduction In US 'Big Box' Store Square footage Over Next 3-5 Yrs (NYSE: BBY)
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UPDATE: Sterne Agee Raises PT on GameStop to $30 (GME)
Thursday, April 14, 2011 - 9:18am | 87Sterne Agee is out with its report today on GameStop (NYSE: GME), raising its PT from $26 to $30. In a note to clients, Sterne Agee writes, "We are raising our 12-month target price on shares of GME from $26 to $30 based on slightly under 10x our CY12 (FY13) EPS estimate of $3.10. This is up from...
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Options Brief: hhgregg, Inc. (HGG)
Wednesday, April 13, 2011 - 11:00am | 93Shares of hhgregg, Inc. (NYSE: HGG) are higher on the session by 2.37%, trading at $14.02. Overall call volume is now running at 10.81x the daily average, with 61% of all calls traded being purchases on the offer. 2,605 contracts have traded on the session so far. hhgregg, Inc. is a specialty...
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Best Buy Rises 3% (BBY)
Monday, April 11, 2011 - 1:48pm | 75Shares of beaten down electronics retailer Best Buy (NYSE: BBY) may have found a bottom in recent sessions. At the very least, some bargain hunters have found the stock attractive at current levels. Since hitting a 52-week low in the mid-$28 area, the shares have been rising, including 2.83% on...
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Top Performing Industries For April 11 (BBY, PRGO, GLBC, BCS)
Monday, April 11, 2011 - 10:08am | 193At 10:05 am, the Dow gained 0.41% to 12,430.31, the broader Standard & Poor's 500 index moved up 0.29% to 1,332.07 and the NASDAQ composite index rose 0.07% to 2,782.33. The industries that are supporting the market today are: Electronics Stores: This industry jumped 1.32% by 10:15 am. The...
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Deutsche Bank On Upcoming BBY Analyst Day
Monday, April 11, 2011 - 7:25am | 47Deutsche Bank has issued a report on Best Buy's (NYSE: BBY) April 14th Analyst Day. Among topics discussed will be sales trends, stores size, on line, international, televisions, mobile phones and tablets. BBY closed at $29.70 a share on Friday.
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North American Investment Daily; Upgrade & Downgrades
Friday, April 8, 2011 - 12:32pm | 1051Quake damage and disruption underestimated — We have turned bearish on the auto sector, lowering our ratings across our coverage. Although sector share prices have fallen an average of 11% in the initial selloff following the March 11 earthquake, we do not think the fall in earnings and slowness of...
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Morning Market Top Percentage Gainers and Losers (CONN, TPX, EXPE, CAAS, QLTI, SCOK, IDIX, HERO, SGMO, YONG)
Friday, April 8, 2011 - 10:05am | 249Best 1) Conn's (NASDAQ: CONN): Shares are surging 15.91% to $6.41. 2) China Automotive Systems (NASDAQ: CAAS): Ascending 15% to $9.39 after reporting that preliminary Q4 sales were ahead of consensus estimates. 3) Tempur-Pedic International (NYSE: TPX): Gaining 13% to $57.62 after raising its...
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Pre-Market Top Percentage Gainers and Losers (EXPE, STX, NSPI, INTC, IMGN, CONN, SCOK, HERO, IDIX, SGMO, CHBT)
Friday, April 8, 2011 - 8:48am | 264Best 1) Expedia (NASDAQ: EXPE): Surging 14.29% to $25.60 after the company revealed its plan to eventually separate its online travel business into two publicly traded equities. 2) Seagate Technology (NASDAQ: STX): Popping 7.69% to $15.75 in the early morning hours. The company said last night...
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CONN's Trading Higher Pre-Market (CONN)
Friday, April 8, 2011 - 8:18am | 31CONN's (NASDAQ: CONN) is trading higher today pre-market. At the time of posting, shares of CONN were trading at $7.00, up 26.58% from Thursday's close.