-
All The Stocks That Moved During Apple's Product Unveil Event
Wednesday, September 13, 2017 - 10:34am | 705Read More...If anyone doubts Apple Inc. (NASDAQ: AAPL)’s pervasive influence, direct them to the market charts of Sept. 12. As CEO Tim Cook and team unveiled the iPhone X, iPhone 8, Watch Series 3 and 4K TV at a special reveal event, a number of tech friends and foes braced for stock shocks. Movers...
-
What's Trending In Emerging Tech: 4K TVs, Smart Speakers Smash Hits; Wearables Struggle
Saturday, August 19, 2017 - 8:49am | 572Read More...Technological innovations today transcend the wildest of all imagination. Breakthrough products such as smartphones engendered by science and technology have now become sine qua non for all demographics, so much so that people look lost and forlorn when separated from them even for the smallest of...
-
Best Buy's Results Were 'Downright Amazon-Like'
Wednesday, August 24, 2016 - 7:40am | 341Read More...Best Buy Co Inc (NYSE: BBY)'s stock soared nearly 20 percent on Tuesday and hit a 52-week high of $39.36 after the company reported what Bloomberg Gadfly's Shelly Banjo described as "downright Amazon-like." Related Link: Best Buy Surges On Strong Q2 Results According to Banjo, Best Buy's earnings...
-
Brian Sozzi Agrees With Jefferies' Downgrade Of Best Buy
Monday, August 15, 2016 - 11:13am | 385Read More...The Street's retail expert Brian Sozzi agrees with the latest downgrade to hit Best Buy Co Inc (NYSE: BBY). Jefferies' Dan Binder downgraded Best Buy's stock to Hold from Buy on Monday due to his concerns that a maturing 4K TV cycle will yield softer same-store sales and margins at...
-
Wall Street Is Still Buying Best Buy
Wednesday, August 26, 2015 - 7:19am | 468Read More...Shares of Best Buy Co Inc (NYSE: BBY) surged by more than 12 percent on Tuesday after the company reported its second-quarter results. Here is what a couple of Wall Street's leading analysts thought of the report. Morgan Stanley: Q2 Strength Makes Guidance ‘More Likely' Simeon...
-
8 Internet Stocks Brean Capital Is Watching Ahead Of Earnings
Tuesday, July 21, 2015 - 10:02am | 911Read More...In a report published Tuesday, Brean Capital analyst Mike Burton previewed June quarter results for eight Internet stocks under his coverage. Burton noted that mobile-exposed names have been under pressure due to China related concerns and low expectations for Samsung. On the other hand, Apple...
-
Netflix CEO: Online Video Streaming Is The Future Of TV
Tuesday, May 12, 2015 - 10:02am | 417Read More...Coming soon a TV near you: an unlimited supply of streaming options. Netflix, Inc. (NASDAQ: NFLX)'s CEO Reed Hastings spoke of the future of television during the Media Convention in Berlin last week, and suggested an app-based streaming TV ecosystem is coming in our lifetime. According...
-
Brian Sozzi: Sears' Quarterly Loss Was 'Ugly'
Thursday, December 4, 2014 - 12:24pm | 317Read More...Sears Holdings Corp (NASDAQ: SHLD) reported its third-quarter results Thursday. The company reported a better-than-expected loss per share while revenue came in better than expected. However, same-store sales declined by 0.7 percent, worse than the 0.1 percent decline seen in the same...
-
Morgan Stanley: Consumers Choosing Restaurants, iPhones Over Apparel
Tuesday, October 21, 2014 - 12:51pm | 344Read More...Kimberly Greenberger, retail analyst at Morgan Stanley, published a report Tuesday on the state of the consumer and where they are spending their money. According to Greenberger, consumers have clearly signaled thus far in October a preference for electronics and dining out instead of apparel....
