Posts Tagged ‘
BBY ’
Nov 28th, 2008 |
By Jennifer Yousfi |
Category: Financial News
Retail experts are predicting one of the most dismal holiday shopping seasons in decades this year – a crucial stretch that will set the stage for poor retail sales throughout 2009.
Tags: AMZN, BBY, CCTYQ, Consumer Spending Figures, credit crisis, energy prices, Holiday Sales, Jennifer Yousfi, KSS, PIC, QVC, SHRPQ, TGT, US stocks, WMT, Worldwide Financial Crisis
Posted in Financial News |
Nov 17th, 2008 |
By William Patalon III |
Category: Financial News
This week is shaping up to be another active one on the bailout-and-financing front. First and foremost, Congress returns to work this week to consider a once-unthinkable proposal: Put up billions in taxpayer-backed loans so that Detroit’s “Big Three” can be saved. Expect a fight, however, as the bailout debate finally moves past banks to focus on General Motors Corp. (GM), Ford Motor Co. (F), and Chrysler Corp.
Tags: AIG, American Unions, ANN, Auto Sector, AXP, Bailout, BBY, Chrysler, Citigroup, FBR, FNM, Ford, Ford Motor Co., FRE, Gm, HD, INTC, JAVA, JCP, JPM, Macys, Massive Job Losses, MS, TGT, U S Treasury Department, William Patalon III, WMT
Posted in Financial News |
Nov 14th, 2008 |
By Addison Wiggin |
Category: Financial News
Paulson reworks financial bailout: New targets for investment… even you can apply! Markets plummet… Bill Bonner on when stocks will be cheap enough to buy. OECD predicts global recession… Germany admits contraction has already begun. Wall Street CEOs forecast “rapid,” “deep” U.S. recession. Joel Bowman on a peculiar hissing sound emitting from the Middle East.
Tags: Addison Wiggin, Bank Stocks, BBY, Crude Oil Prices, economics, Ford, Gold Prices, government bailout, Hank Paulson, investing in gold, JPM, MER, politics, US dollar, US recession, WMT
Posted in Financial News |
Nov 13th, 2008 |
By Andrew Snyder |
Category: Stock Market Investing
Even the strongest retail brands are suffering heavy losses as consumers flock to low-cost stores. Andrew Snyder says this spells doom for Under Armour (NYSE:UA). The company has a strong marketing strategy, but its sales estimates are too optimistic for a retailer of expensive niche clothing. Andrew says the stock is overvalued right now, creating a good chance for a profitable short play.
Tags: Andrew Snyder, BBY, consumer slowdown, FDO, M, NDN, Retail Stocks, short stock plays, stock market investing, UA, US recession, US stocks, WMT
Posted in Stock Market Investing |
Nov 12th, 2008 |
By Paul Moore |
Category: Stock Market Investing
Electronics retailer Best Buy (NYSE:BBY) slashed its full-year outlook today, saying it was “the most difficult climate we’ve ever seen.” But Paul Moore says Best Buy isn’t likely to head the same way as mismanaged Circuit City (NYSE:CC). In fact, BBY should even get a lift from the bankruptcy of its main rival just before the holiday season.
Tags: AAPL, Bankruptcy, BBY, bear market, CC, consumer slowdown, credit crisis, Holiday Season, HPQ, Paul Moore, Retail Stocks, SNE, US recession, WMT
Posted in Stock Market Investing |
Nov 12th, 2008 |
By Christian Hill |
Category: Financial News
Circuit City (CC) made it official on Monday and filed for bankruptcy. Only a week ago, the company announced it would close 155 stores that were underperforming. On September 29, the company reported a third-quarter loss of $239 million, which was three times larger than the loss for the same quarter a year ago.
Tags: BBY, Best Buy, CC, Christian Hill, Circuit City, consumer spending, Economic Slowdown, Luxuries, Wal Mart, WMT
Posted in Financial News |
Nov 11th, 2008 |
By Mike Caggeso |
Category: Financial News
Circuit City Stores Inc. (CC) has filed for Chapter 11 bankruptcy, a week after the struggling electronics retailer announced it would close 155 of its 566 U.S. stores by Dec. 31 and slash its workforce by 17%.
Tags: BBY, Best Buy Co Inc, Blockbuster Inc, CC, Circuit City Stores, Circuit City Stores Inc, Hewlett Packard Co, HPQ, Mike Caggeso, Samsung Electronics Co
Posted in Financial News |
Nov 10th, 2008 |
By Horacio Marquez |
Category: Featured
Money Map Report editor Horacio Marquez says Apple Inc. (Nasdaq: AAPL) is a bargain at today’s prices. The company continues to grow and diversify, and will keep gaining market share for its products. However, a consumption slowdown and tough competition means caution is essential when building up a position.
Tags: AAPL, BBY, bear market, DELL, Downturn Strategy, GOOG, GRMN, Horacio Marquez, NOK, retail spending, Retail Stocks, RIMM, Samsung Electronics Ltd, stock bargains, stock market investment, stock picks, tech stocks, WMT
Posted in Featured |
Nov 4th, 2008 |
By Mike Caggeso |
Category: Financial News
Circuit City Stores Inc. (CC) will close 155, or 20%, of its 566 U.S. stores by Dec. 31 and slash its domestic workforce by about 17% as the fledging electronics retailer scrambles to conserve cash and reverse six consecutive quarters of falling sales.
Tags: AAPL, BBI, BBY, CC, Consumer Confidence, GME, Macroeconomic Trends, Mike Caggeso, TGT, US recession, US stocks, WMT
Posted in Financial News |
Sep 17th, 2008 |
By William Patalon III |
Category: Financial News, International Investing
Oil Continues Slide; FDA Blocks Ranbaxy, Best Buy Profit Declines; Bristol-Myers Bid Uncertain; Pandit’s Reassuring Memo; GM Showcases the Volt; Adobe Beats the Street; Constellation Plunges on Debt Worries
Tags: ADBE, BBY, Bmy, CEG, Citigroup Inc, Crude Oil Prices, Gm, IMCL, RBXLY, US Banking, US stocks, William Patalon III
Posted in Financial News, International Investing |