Computer & Electronics Retail

Global Equities Research sent out a memo this morning regarding customer interest in Hewlett-Packard's (NYSE: HPQ) TouchPad tablet. “We did a quick check on the customer interest in HP Web OS-based TouchPad Wi-Fi with Tiger Direct and Best Buy (NYSE: BBY),” said Trip Chowdhry, Managing Director of...

Moving into the latter half of 2011, you might be surprised to learn that the Dow Jones is still performing well, and many analysts anticipate continued U.S. economic growth. Fears of a double dip recession are waning, and some economists have forecasted that the last six months of 2011 will be...

On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Hudson City Bancorp (NASDAQ: HCBK) "turned out to be far more controversial than I realized ... If you want a good regional, I suggest First Niagara Financial (NASDAQ: FNFG)." For Transocean (NYSE: RIG), he said, "I like it, a...

Cusick's Corner While riots were going on in the streets of Athens, the market keep chugging along. Three of the four offensive sectors, XLI, XLK, XLY, were outperforming the major benchmark, S&P 500. The dollar, bonds and volatility all pulled back. There is now a lot of money that is in...

Today in Boston, several companies will be presenting at Oppenheimer's 11th Annual Consumer Conference at the Four Seasons Hotel. Below is a schedule of publicly-traded companies and their presentation times: 9:30am: Six Flags (NYSE: SIX) TJX Companies (NYSE: TJX) 10:05am: Pool Corp (NYSE: POOL)...

Shares of Best Buy (NYSE: BBY) are down sharply today, down more than 3% as Fitch Ratings downgraded the company's long-term rating. Fitch cut the rating to BBB- from BBB+, citing high unemployment and housing costs and rising gas prices. As of the end of May, Best Buy had $2.1 billion of debt...

Shares of Best Buy (NYSE: BBY) have been headed straight down throughout Monday's trading session and are currently sitting at new intra-day lows. The stock has shed 3.29% to $31.41 after opening near the flat line. Fitch Ratings cut the company's credit rating by two notches today, putting it on...

Best Buy (NYSE: BBY) has suspended online orders of the current MacBook Air. At least, that's the word from AppleInsider, one of the many Apple-centric websites that has been hyping the (presumably) imminent refresh of the MacBook Air. However, a quick check on BestBuy.com reveals that the 128GB,...

Analysts at Jefferies & Co. released a note on Best Buy (NYSE: BBY) today, reiterating their Hold rating and $33 price target. During Friday's trading session, the stock has gained 0.37% to $32.24. James Muehlbauer, Best Buy's CFO, spoke at the Jefferies 2011 Global Consumer Conference....

Goldman Sachs reiterated its Buy rating on Best Buy (NYSE: BBY). At the same time, Goldman left its price target on the company's stock unchanged at $34. On Thursday, Best Buy ended the day at $32.12.

Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels. The following stocks hit new 52-week highs in Thursday's trading session: 1) Bristol-Myers Squibb (NYSE: BMY): Shares of Bristol-Myers Squibb hit a 52-week...

According to Citi, Best Buy (NYSE: BBY) is seeing slower growth in CE. Citi said that recent trends on the CE supply chain indicate slowing momentum. “Incrementally negative data points include 1) sequential deterioration in CE pricing & traffic in June, 2) challenging results from upstream...

Anthony Scaramucci said on CNBC's Fast Money that this week's hedge fund trade of the week is Best Buy Co., Inc. (NYSE: BBY). He said that this stock is controversial and out of favor, but he likes it anyway, because it can deliver a best price in the market for the products it sells. It has the...

The S&P 500 traded in positive territory for most of session on Wednesday, but sellers came in around 2:25pm, as the index neared its intraday high of 1298.61. The S&P proceeded to drop 11.47 points to close at 1287.14 – down 8.38 on the day. The Sector Breakdown for Wednesday's session...

Shares of Walgreen Co (NYSE: WAG) dropped about 5.7% after the company reported a 30% rise in its fiscal third-quarter profit on Tuesday. Walgreen's quarterly profit surged to $603 million, or $0.65 per share, from $463 million, or $0.47 per share, in the year-earlier period. Its sales increased to...