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Sunday, May 20, 2012 - 9:34am
Earnings Expectations for the Week of May 21 (BBY, LOW, DELL, HPQ)
This earnings season may be starting to wind down, but there are still plenty of quarterly reports on the schedule. This week we will hear from more retailers, including Best Buy (NYSE: BBY), Lowe's (NYSE: LOW) and Tiffany (NYSE: TIF). Tech companies Dell (NASDAQ: DELL) and Hewlett-Packard (NYSE:...
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Thursday, May 17, 2012 - 10:56am
iPhone 4 Drops to $49, Sells Out Immediately
Best Buy is offering a great deal on the standard iPhone 4 this week. But you're going to have to act fast if you hope to get one. According to Forbes, Best Buy (NYSE: BBY) has dropped the price of the 8GB iPhone 4 from $99 to $49 with a two-year contract. Those who search Best Buy's website,...
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Is Best Buy a "Best" Buy With CEO Resignation?
Tuesday, April 10, 2012 - 11:50am
Now that the company's chief executive, Brian Dunn, has finally left the building, investors are jumping on the stock. Is this a sign of things to come or a temporary gain that will soon be overshadowed by additional store closures? Days prior to Dunn's resignation this morning, Best Buy (NYSE:...
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Wednesday, April 4, 2012 - 12:25pm
Is Microsoft Building a Siri Killer?
The Windows maker has filed a patent for a shopping assistant that sounds an awful lot like the beginnings of an Apple assault. According to the United States Patent and Trademark Office (via Engadget), Microsoft (NASDAQ: MSFT) has or plans to experiment with a device or software that could "...
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Sunday, March 25, 2012 - 10:58am
Earnings Expectations for the Week of March 26 (BBY, FDO, WAG)
While much of the attention will be on the Supreme Court this week, Best Buy is on tap to report its quarterly results. Analysts expect year-over-year earnings growth from the box-box retailer, as well as from Family Dollar and Red Hat. But the consensus forecasts for this week's results from...
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Thursday, March 1, 2012 - 2:51pm
What Would a Cheaper iPad 3 Look Like?
Apple will reportedly bite the bullet and release a cheaper-than-expected iPad alongside the release of the iPad 3. But what will it be, and what will it look like? Initially, many believed that the Mac maker would launch a miniature (seven-inch) iPad that would encompass the same goodies as the...
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Tuesday, February 14, 2012 - 12:11pm
Amazon Creates American Jobs Selling Chinese Goods
Ironic, eh? On a day when love is in the air, Amazon (NASDAQ: AMZN) is showing American job-seekers a little affection by announcing a new one-million-square-foot fulfillment center in Middleton, Delaware. According to TechCrunch, the center will create approximately 850 full-time jobs and cost $...
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Wednesday, February 8, 2012 - 2:13pm
Three Reasons Why Amazon Should Build a Brick-and-Mortar Store
It's a crazy idea, but there are a few reasons why it just might work. Earlier this week, Bloomberg reported that everyone's favorite dot-com retailer, Amazon.com (NASDAQ: AMZN), had planned to open at least one retail location. If this report is true (something I highly doubt), it would seem that...
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Tuesday, December 13, 2011 - 12:07pm
The Real Reason Why Best Buy's Sales Will Drop This Christmas
Contrary to popular belief, Amazon (NASDAQ: AMZN) isn't the only culprit. Earlier this morning, Best Buy (NYSE: BBY) announced that Q3 profits had dropped 13%. The company reported net earnings of $154 million– or $0.42 per diluted share – for its fiscal third quarter (which ended on November 26,...
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Monday, December 12, 2011 - 10:52am
Can "Green Monday" Surpass Cyber Monday and Black Friday?
comScore (NASDAQ: SCOR) reports that U.S. online holiday spending is approaching $25 billion for the season, an increase of 15% from the previous year. Is this huge news? It is for online retailers. Amazon (NASDAQ: AMZN) and eBay (NASDAQ: EBAY) have been trying to move shoppers out of traditional...
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