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UPDATE: Jefferies Raising Price Target On Conn's
Wednesday, August 31, 2011 - 6:53amJefferies & Co. is out with a research report on Conn's Inc. (NASDAQ: CONN) and is raising its price target to $6 from $5.50, and it has a Hold rating on shares. In a note to clients, Jefferies & Co. writes, "We like how Conn's is managing the balance sheet, but think that investors will...
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Tuesday, August 30, 2011 - 8:22am
Why GameStop Was (Almost) in the Toilet
It has nothing to do with the iPhone, Android, or Zynga. For the past several years, GameStop (NYSE: GME) has been a star. With rising sales and revenue (even in the face of a withering economy), the company seemed to be impervious. It was, in many ways, the do-no-wrong retailer. Times have...
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Thursday, August 25, 2011 - 10:40am
GameStop Opens New Games, Steals Coupon, Then Pulls Game from Shelves
All with the support of Final Fantasy publisher Square Enix. Yesterday afternoon, GameStop (NYSE: GME) got into a bit of trouble when it was caught opening new copies of Deus Ex: Human Revolution for the PC. According to Ars Technica, GameStop employees were performing this unusual task with a...
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Wednesday, August 24, 2011 - 2:49am
Hewlett Packard: A Deep Value Silicon Valley IconBy now, HP's downfall has been well documented after it announced that it was going to get out of the PC business and seek to acquire Autonomy Corporation plc, the UK-based business intelligence software company, for ~$10 billion. The shuttering of the phone and tablet division it acquired from...
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Tuesday, August 23, 2011 - 9:15am
Was the HP TouchPad Truly a Success at $99?
Or were buyers simply excited to get a $500 device for 80% off? Consumers love a good sale. Between the weekly ads in the paper, the endless number of coupon options online or off, the onslaught of commercials, and the growth of daily deal sites, you would think that our desire to save would...
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Friday, August 19, 2011 - 11:24am
Social Media is a Party! But What Happens on Facebook Does Not Stay on Facebook
Partying, life lessons, and more from one of Metro Detroit's premiere social media events. Last night, SocialMediaisaParty.com held an event in Metro Detroit (at Rosie O'Grady's in Ferndale, to be exact) in celebration of all things social media. The event, which included a panel on “The Future of...
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Notable Call Options Activity in GameStop
Friday, August 19, 2011 - 10:11amShares of GameStop (NYSE: GME) are higher on the session by 3.36%, currently trading at $22.15. The stock has been moving largely lower over the past three months, but it is currently consolidating at the 50-day average. Options traders are focusing on calls today. A short while ago the August...
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Notable Put Options Activity in Best Buy
Friday, August 19, 2011 - 9:20amShares of Best Buy (NYSE: BBY) are higher on the session by 2.75%, currently trading at $24.68. The stock has been moving largely lower over the past three months and is currently trading below the 50-day moving average. Options traders are focusing on puts today. A short while ago the September...
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hhgregg To Open 14 Chicagoland Stores on September 15th
Friday, August 19, 2011 - 8:02amIndianapolis-based appliance and electronics leader hhgregg (NYSE: HGG) today announced that it will officially Grand Open fourteen new stores in the Chicago area on Thursday, September 15th. Chicago is a new market for hhgregg, and with the opening of 14 new stores, it will become the company's...
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Piper Jaffray Comments on GameStop
Thursday, August 18, 2011 - 3:09pmPiper Jaffray provided color on GameStop (NYSE: GME) in a research report published today. Piper Jaffray has previously given GameStop a Neutral rating and $22 price target. In the report, Piper Jaffray states, "While management focus is on digital growth, we note that digital revenue represents...
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