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GameStop Buys Impulse And Spawn Labs (GME)
Thursday, March 31, 2011 - 4:19pm | 26GameStop (NYSE: GME) buys a downloadable game service called "Impulse" and a cloud-based videogame company called "Spawn Labs."
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Conn's Reports Lower-Than-Expected Q4 Earnings
Thursday, March 31, 2011 - 7:07am | 56Conn's Inc (NASDAQ: CONN) reported its Q4 adjusted EPS at $0.00, versus the consensus of $0.02. CONN reported its Q4 revenue at $213.4 million, versus the consensus of $214.6 million. CONN shares gained 2.53% to close at $4.86 yesterday. Read more from Benzinga's Company news.
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Conn's, Inc. Reports EPS of $0.12 vs. $0.02
Thursday, March 31, 2011 - 7:03am | 79Conn's, Inc. (NASDAQ: CONN) today announced its operating results for the quarter. Total revenues were $213.4 million, up 2.9% from the same period in the prior fiscal year; Diluted loss per share was $0.12 for the fourth quarter of fiscal 2011, as compared to diluted earnings per share of $0.07...
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Jump on Jobs 03-30-2011
Wednesday, March 30, 2011 - 8:47pm | 864Cusick's Corner The market continued to chop its way higher into the After Hours and the strength continued to be wide spread. Most notably the Small Caps, IWM & RUT, were the leaders and traders like to see these higher beta stocks to be on the move. Market watchers will be focused on Ireland...
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Red Flag – Copper Pulling Back 03-30-2011
Wednesday, March 30, 2011 - 3:27pm | 964Cusick's Corner The bulls are on the loose and I am not one to get in front of a raging bull. Big Money, those managers who washed their hands of this market 10 sessions ago are feeling enough remorse and are back in, more so than the typical window dressing that we typically we see at month's...
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Calls Active on RadioShack Corporation (RSH)
Wednesday, March 30, 2011 - 10:58am | 133Shares of RadioShack Corporation (NYSE: RSH) are higher on the session by 0.79%, currently trading at $15.24. The stock has been moving largely lower over the past six months and is currently trading below the 50-day and 200-day moving averages. Traders seem to think the stock could make a move...
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Goldman Sachs Struck By Market's "Sharp Reaction" To BBY Results
Tuesday, March 29, 2011 - 7:42am | 75Goldman Sachs reports that it has been “struck by the market's sharp reaction to Best Buy Co. Inc.'s (NYSE: BBY) recent results, notwithstanding very valid strategic concerns – which we share – about the company's strategic positioning, most notably the sustainability of its margins in an era of...
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Goldman Sachs Comments On Radioshack After iPad 2 Announcement
Tuesday, March 29, 2011 - 7:25am | 199Radioshack (NYSE: RSH) confirmed that it will carry the iPad2 in 500 stores, beginning on March 29. Goldman Sachs expected a rollout to additional stores, based on RSH's performance selling the product. RSH introduced the iPhone with a similarly staged rollout. Goldman Sachs has always expected a...
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Tesla's Future: Will Another Company Be in the Driver's Seat?
Monday, March 28, 2011 - 11:07pm | 3520Tesla's Future: Will Another Company Be in the Driver's Seat?Guest Article by: J. Tyler Matuella and Mannie AjayiTesla Motors (TSLA), the American start-up, electric car company that had its IPO in June 2010, has been getting a lot of attention amidst the volatile oil market. The appeal of all-...
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Best Buy About To Go Negative (BBY)
Monday, March 28, 2011 - 2:19pm | 109Best Buy (NYSE: BBY) released its Q4 earnings results on Thursday morning. The stock got a brief pop, despite the results being quite lackluster, but was then sold off hard on Thursday and Friday. The shares looked like they might get a little bit of a bounce on Monday, but that too, appears to...
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Radioshack Moving On iPad 2 (AAPL, RSH)
Monday, March 28, 2011 - 2:02pm | 43CNBC reported that Radioshack (NYSE: RSH) is going to be selling the Apple (NASDAQ: AAPL) iPad 2 tomorrow. The shares are spiking, up 35 cents to $14.65, a gain of 2.4%.
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Options Brief: RadioShack Corporation (RSH)
Friday, March 25, 2011 - 2:01pm | 82Shares of RadioShack Corporation (NYSE: RSH) are higher on the session by 2.42%, trading at $14.40. Overall call volume is now running at 4.47x the daily average, with 88% of all calls traded being purchases on the offer. 20,655 contracts have traded on the session so far. RadioShack Corporation...
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Wedbush Reports Best Buy Q4 Profitability Exceeds Expectations
Friday, March 25, 2011 - 9:53am | 118According to Wedbush, Best Buy (NYSE: BBY) Q4 profitability exceeded expectations. Wedbush reported that revenue was $16.3 billion, compared with our estimate of $17.0 billion and consensus of $16.3 billion. “EPS was $1.98 (excluding $0.36/share of restructuring charges), compared with our...
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Goldman Sachs Closing Its Short Calls on Best Buy (BBY)
Friday, March 25, 2011 - 9:25am | 122Goldman Sachs is out with a research note this morning, where it tells customers to close out its previously recommended short call position in Best Buy (NYSE: BBY). The analyst said, “We recommend closing [the] short June $33 Call positions in Best Buy at $0.71 (ask) (2.4%, stock $29.98). We...
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J.P. Morgan Reduces Price Target On Best Buy
Friday, March 25, 2011 - 9:21am | 179According to J.P. Morgan, Best Buy (NYSE: BBY) ended the year with $1.1B in cash and expects its working capital position to improve and also added $1B in debt. J.P. Morgan reported that TVs and PC represent more than 40% of sales including attachments. “In 4Q, TVs comped down an estimated high...