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Top 4 NYSE Stocks In The Electronics Stores Industry With The Highest Cash (BBY, RSH, GME, HGG)
Thursday, January 13, 2011 - 5:56am | 141Below are the top electronics store stocks on the NYSE in terms of cash. Best Buy Co Inc (NYSE: BBY) had $927.00 million in total cash and $1.82 billion in total debt for the latest quarter. Radioshack Corporation (NYSE: RSH) had $723.40 million in total cash for the latest quarter. RSH's total...
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RadioShack to Underperform - Analyst Blog
Wednesday, January 12, 2011 - 3:01pm | 524We downgrade our recommendation on RadioShack Corp. (RSH) to Underperform. The decrease in rating is attributable to the company's profitability, which may suffer in 2011 due to several reasons. The transition of Kiosks businesses from Wal-Mart Store Inc's (WMT) Sam's Club to Target stores will...
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RadioShack to Underperform - Analyst Blog
Wednesday, January 12, 2011 - 2:41pm | 524We downgrade our recommendation on RadioShack Corp. (RSH) to Underperform. The decrease in rating is attributable to the company's profitability, which may suffer in 2011 due to several reasons. The transition of Kiosks businesses from Wal-Mart Store Inc's (WMT) Sam's Club to Target stores will...
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Bank Of America Comments On Radioshack's Headwinds, Lowers PT
Tuesday, January 11, 2011 - 10:47am | 156According to a recent report from Bank of America, in the coming quarters, Radioshack (NYSE: RSH) faces significantly more difficult compares including 56% and 49% sales gains in 4Q09 and 1Q10, respectively. It believes two major catalysts in 2011 will have a significant impact on RSH's wireless...
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10 Stocks with Strong Balance Sheets and Improving Conditions
Tuesday, January 11, 2011 - 2:57am | 781I admit I cannot predict the direction of the market.However, what I can do to combat market risk and uncertainty is to search for quality companies. To determine the quality of the business, a Professor by the name of Joseph Piotroski, devised a simple 9 point system by analyzing the...
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Market Roundup (PGN, DUK, APOL, RSH, AUXL, PFE)
Monday, January 10, 2011 - 1:14pm | 281Shares of Apollo Group Inc (NASDAQ: APOL) dropped about 5.2% as the company is all set to report its quarterly earnings after the closing bell. Wall Street expects Apollo Group to post its FQ1 EPS at $1.35 on revenue of $1.26 billion. Shares of RadioShack Corp (NYSE: RSH) dipped about 5.4% after...
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Piper Jaffray Lowers PT On hhgregg, Inc.
Monday, January 10, 2011 - 8:11am | 27Piper Jaffray has lowered the price target on hhgregg, Inc. (NYSE: HGG) from $21 to $20 and maintains its Neutral rating.
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Janney Capital Downs HGG To Neutral
Monday, January 10, 2011 - 7:23am | 51Analysts at Janney Capital downgrade hhgregg Inc (NYSE: HGG) from “buy” to “neutral.” The target price for HGG has been lowered from $30 to $22. HGG shares gained 1.50% to close at $20.26 on Friday. More Analyst Ratings here
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GameStop Reports Disappointing Holiday Sales (GME)
Friday, January 7, 2011 - 10:40am | 85Shares of Gamestop (NYSE: GME) are down slightly this morning, continuing yesterdays drop following a weaker than expected holiday sales report. December same-store-sales rose 3.4%, less than Wall Street was expecting. "We'll have to sort out the market reaction. I'm not sure what that means ......
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News Summary
Friday, January 7, 2011 - 10:37am | 182Shares of KB Home (NYSE: KBH) gained about 7.8% after the company reported its Q4 earnings at $0.23 per share, down from $1.31 per share, in the year-ago quarter. The home builder's total revenue dropped to $451 million from $674.6 million. Analysts were expecting the company to post a loss of $0....
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Best Buy (NYSE: BBY) Reports $8.4M in Revenue for December.
Friday, January 7, 2011 - 9:02am | 18Best Buy (NYSE: BBY) reports $8.4M in revenue for December.
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Goldman Sachs Remains Neutral On BBY
Thursday, January 6, 2011 - 12:43pm | 143Goldman Sachs is remaining Neutral-rated on Best Buy Co., Inc. (NYSE: BBY) with a $38, 12-month price target based on risk/reward (relative P/E) and DCF. “Key risks: downside: ongoing TV weakness, promo activity; upside: TV recovery,” Goldman Sachs writes. Goldman Sachs also notes a couple of...
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Piper Jaffray Maintains HGG Neutral Rating, $21 PT
Thursday, January 6, 2011 - 11:26am | 87Piper Jaffray is maintaining its Neutral rating and $21 price target on shares of hhgregg, Inc. (NYSE: HGG) “based on downwardly revised guidance in this morning's press release.” “While we continue to believe in the long-term growth prospects of HGG, we remain concerned about TV and appliance...
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Top Narrow Based Indexes For January 4 (AMCN, HGG, PLUG)
Tuesday, January 4, 2011 - 12:13pm | 196By 11:00 am, the Dow Jones Industrial Average was up 5.52 points, or 0.05%, to 11,676.27, while the broader Standard & Poor's 500 index had lost 3.68 points, or 0.29%. The NASDAQ composite index fell 6.09 points, or 0.23%. Some of the narrow based indexes that are still afloat in the markets...
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Top Performing Industries For January 4 (CTRP, NFLX, CUK, HGG)
Tuesday, January 4, 2011 - 11:24am | 189At 10:20 am, the Dow gained 0.05% to 11,676.08, the broader Standard & Poor's 500 index moved down 0.22% to 1,269.08 and the NASDAQ composite index rose 0.01% to 2,691.70. The industries that are supporting the market today are: Consumer Services: This industry jumped 3.62% by 10:20 am. The top...