-
Analyst: Selloff In Best Buy's Stock Due To Management Change
Tuesday, May 24, 2016 - 2:02pm | 267Investors and traders were heavily selling Best Buy Co Inc (NYSE: BBY)'s stock on Tuesday after the company reported its first-quarter results, provided second-quarter guidance and also announced a series of management changes. The question many investors are asking is if the decline in Best Buy's...
-
Why Wal-Mart Is Investing In Shipping: JPMorgan Explains
Thursday, May 14, 2015 - 2:46pm | 389Wal-Mart Stores, Inc. (NYSE: WMT) announced recently that it is rolling out a free shipping service similar to Amazon.com, Inc. (NASDAQ: AMZN)'s Amazon Prime service, but at a price of $50 per year, which is almost half of what Amazon charges. Chris Horvers, JPMorgan Chase senior analyst,...
-
Modest Outlook On Building Products
Thursday, December 17, 2009 - 1:54pm | 315JPMorgan (NYSE: JPM) expects a positive but modest top-line growth for building products in 2010. The existing home sales should see a single digit growth to 6.25 million owing to the value-conscious, tentative customers and a challenging economic backdrop. This, in turn, is expected to translate...