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Standpoint Research Initiates Coverage on hhgregg (HGG)
Tuesday, January 4, 2011 - 11:10am | 20Standpoint Research initiates coverage on hhgregg (NYSE: HGG) with a Buy rating.
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Piper Jaffray Gives December Sales Preview; Reiterates Overweight Rating
Monday, January 3, 2011 - 10:26am | 216Piper Jaffray is reiterating its OW and $46 PT ahead of Best Buy's (NYSE: BBY) Dec sales release based on valuation, capital allocation strategy, gross margin expansion potential and the expectation for improving CE trends in 2011. Although no specific consensus sales estimate is available for BBY'...
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Deutsche Bank Gives Holiday Sales Preview For Retailers
Monday, January 3, 2011 - 9:46am | 197Most hardline retailers won't report holiday sales trends until February or even March. However, a handful of names should provide some color in the coming weeks. These include Family Dollar (NYSE: FDO), which is due to report 1Q11 sales and earnings on January 5th, and Best Buy (NYSE: BBY),...
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Sterne Agee Says Buy Gamestop (GME)
Thursday, December 30, 2010 - 8:38am | 167Sterne Agee has a Buy rating and a $26 price target on shares of GameStop Corp. (NYSE: GME). In a note sent to clients, Sterne Agee writes, "We think GME continued to do well in new software driven by hard core titles, the company's PowerUp Reward loyalty program and a promotional environment that...
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Hhgregg, Inc. (HGG) - Bear of the Day
Thursday, December 30, 2010 - 3:03am | 179Hhgregg Inc. (HGG) is a leading specialty retailer of premium video products, brand name appliances, audio products and accessories. Through its superior purchase experience, the company is able to generate great customer loyalty, leading to referrals and finally produce repeat business. However,...
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Hhgregg, Inc. (HGG) - Bear of the Day
Thursday, December 30, 2010 - 1:00am | 179Hhgregg Inc. (HGG) is a leading specialty retailer of premium video products, brand name appliances, audio products and accessories. Through its superior purchase experience, the company is able to generate great customer loyalty, leading to referrals and finally produce repeat business. However,...
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Video Game Industry To Report Material Upside To December Quarter, Piper Jaffray Reports
Thursday, December 23, 2010 - 9:19am | 183Piper Jaffray expects video game publishers and retailers will report material upside to December quarter sales and earnings relative to consensus. “Management teams took advantage of modest investor expectations and provided exceptionally low guidance for the holiday quarter, in our opinion,”...
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Earnings Scorecard: Best Buy - Analyst Blog
Wednesday, December 22, 2010 - 1:33pm | 772Best Buy Company Inc. (BBY), the leading specialty retailer of consumer electronic products, recently posted lower-than-expected third-quarter 2011 results and lowers its full-year outlook. Street analysts had more than a week to ponder on the news. In the paragraphs that follow, we cover the...
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Earnings Scorecard: Best Buy - Analyst Blog
Wednesday, December 22, 2010 - 1:10pm | 772Best Buy Company Inc. (BBY), the leading specialty retailer of consumer electronic products, recently posted lower-than-expected third-quarter 2011 results and lowers its full-year outlook. Street analysts had more than a week to ponder on the news. In the paragraphs that follow, we cover the...
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Online Retailers and This ETF Steal The Joy (FDN, AMZN, BBY, FDO, ROST)
Tuesday, December 21, 2010 - 1:13pm | 140The highlight of the week before Christmas, from a stock market point of view, is always the third-quarter earnings report of electronics retailer Best Buy Co. Inc. (NYSE: BBY). It's a tradition(...)Read the rest of Online Retailers and This ETF Steal The Joy (FDN, AMZN, BBY, FDO, ROST) Copyright...
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Best Buy Eliminating Restocking Fees (BBY)
Monday, December 20, 2010 - 1:29pm | 135Best Buy (NYSE: BBY) announced that it is eliminating restocking fees, according to CNET. Best Buy eliminated most restocking fees on returns this past Saturday. The retailer will still charge a restocking fee on special order items, a whopping 25 percent. Cutomers who were charged restocking fees...
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DirecTV To Offer Personalized Ads (DTV, BBY, PG, KO)
Monday, December 20, 2010 - 10:31am | 132DirecTV (NASDAQ: DTV) is set to launch a new feature to advertisers: customized ads. Bloomberg Television reports that starting next year, the satellite provider will give advertisers the ability to program each commercial to each individual household. In 2011, Coca-Cola Company (NYSE: KO), Best...
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Hhgregg, Inc. (HGG) - Bear of the Day
Monday, December 20, 2010 - 3:03am | 168Hhgregg Inc. (HGG) is a leading specialty retailer of premium video products, brand name appliances, audio products and accessories. Through its superior purchase experience, the company is able to generate customer loyalty, leading to referrals and finally produce repeat business. However, the...
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Hhgregg, Inc. (HGG) - Bear of the Day
Monday, December 20, 2010 - 1:00am | 168Hhgregg Inc. (HGG) is a leading specialty retailer of premium video products, brand name appliances, audio products and accessories. Through its superior purchase experience, the company is able to generate customer loyalty, leading to referrals and finally produce repeat business. However, the...
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Bearish MACD for HGG - Tale of the Tape
Friday, December 17, 2010 - 11:33am | 114hhgregg, Inc.'s (HGG) MACD indicator has moved into bearish territory with a reading of -0.3233. The Zacks #4 Rank (“Sell”) stock decreased slightly to $22.02 in morning trade. The Zacks Consensus Estimate on the company's earnings for the year ending March 2011 has decreased by 11 cents over the...