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Exciting Smartphone Offerings To Watch Out For In 2021
Saturday, December 26, 2020 - 12:24pm | 1282Read More...The latest iteration of Samsung's Galaxy Z Flip is among the phones to watch for in 2021. Smartphone shipments, although witnessing slackness due to the COVID-19 pandemic, have recovered and are poised to end the year flat to slightly higher. Shipments are estimated to grow 4.4% in 2021,...
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What Went Wrong At Target During The Holidays?
Wednesday, January 15, 2020 - 1:23pm | 498Read More...Target Corporation (NYSE: TGT) was among the hottest retailers heading into the 2019 holiday season. So when the company reported disappointing holiday results on Wednesday, the stock tumbled. So what went wrong at Target? 'Far Short' Of Expectations Target's same-store sales growth...
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Analyst: Samsung's Operating Profit Plunge Could Have Been Worse
Friday, July 5, 2019 - 10:35am | 396Read More...South Korea's Samsung Electronics Co said Friday its operating profit fell 56% year-over-year in the second quarter to 6.5 trillion Korean won ($5.5 billion) as memory chips continue to experience weakness in both price and demand, according to CNBC. What Happened Analysts were modeling for...
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Government Shutdown Hits Consumer Electronics Show
Monday, January 7, 2019 - 5:35pm | 315Read More...Las Vegas -- Technology is great, but it can't solve all problems. The government shutdown has forced the cancellation of several scheduled speakers at the Consumer Electronics Show. The world's largest tech show gets fully underway tomorrow, but the government shutdown has forced several...
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Sell-Side: GameStop Faces Increased Threat From Digital Mix Shift
Friday, November 30, 2018 - 11:25am | 576Read More...Despite the steady rise of popularity in video game culture, retailer GameStop Corp. (NYSE: GME) appears to be on its last life. The Analysts Jefferies analyst Stephanie Wissink maintained a Buy rating on GameStop with an $18 price target. Credit Suisse analyst Seth Sigman...
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Retail Analyst Doesn't Understand The Best Buy Sell-Off
Tuesday, August 28, 2018 - 12:25pm | 457Read More...Best Buy Co Inc (NYSE: BBY) reported Tuesday its second-quarter results, which prompted an immediate sell-off in the stock. The Analyst Moody's Charles O'Shea talked Best Buy on CNBC's "Squawk Box" segment Tuesday morning. The Thesis Best Buy is among the top performing...
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Cramer: Best Buy Is Still A Good Buy
Friday, September 15, 2017 - 10:13am | 377Read More...Just five years ago, Best Buy Co Inc (NYSE: BBY) was considered to be a "showroom for Amazon.com, Inc. (NASDAQ: AMZN)," whose days as a viable retailer are numbered, CNBC's Jim Cramer said during his daily "Mad Money" show. Fast forward to today and the company "has...
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UBS's Retail Analyst Knows Why Best Buy's Stock Is Getting Crushed
Tuesday, August 29, 2017 - 12:37pm | 411Read More...By many measures, Best Buy Co Inc (NYSE: BBY) reported Tuesday an encouraging earnings report, yet the stock lost more than 11 percent by Tuesday afternoon. The move has many investors scratching their heads and wondering what went wrong. There are three reasons that may explain why investors aren'...
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Best Buy's Stock See-Saws After Q2 Report
Tuesday, August 29, 2017 - 8:32am | 314Read More...Best Buy Co Inc (NYSE: BBY) released early Tuesday morning its second-quarter results, which initially sent shares soaring higher by more than 7 percent. However, the stock has since given up all of the gains and was trading lower by 5 percent from Monday's closing price. Best Buy reported that it...
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Qualcomm Among Most Vulnerable Companies If War Breaks Out Between North And South Korea
Monday, August 21, 2017 - 8:11am | 472Read More...Tensions between the United States and North Korea remain elevated, and in theory, war could break out between North Korea, the United States and its allies — including South Korea. If war were to break out in the Korean peninsula, QUALCOMM, Inc. (NASDAQ: QCOM) may be the most vulnerable...
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Smaller Gizmos Mean Bigger Headaches For E-Recyclers
Sunday, May 7, 2017 - 12:53pm | 1227Read More...If you had a million used cell phones and decided to rip them to shreds, you’d have 75 pounds of gold, 772 pounds of silver, 33 pounds of palladium and a whopping 35,000 pounds of copper, according to the U.S. Environmental Protection Agency. At today’s prices, that would fetch nearly a...
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Watch The Consumer Electronics Group Following Toshiba's Raised Outlook
Tuesday, November 8, 2016 - 12:40pm | 489Read More...Toshiba Corp (USA) (OTC: TOSYY) boosted its earnings forecast for full-year 2016 to yen 34.25 a share on sales of yen 5.4 trillion. Following this, investors are likely keenly watching the consumer electronics space for a similar move from its peers. A few days back, Toshiba boosted its EPS outlook...
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This Apple Component Supplier Warned Of Sharply Lower Profits
Wednesday, October 19, 2016 - 11:52am | 346Read More...Laird PLC, a UK-based global technology company that provides systems, components and solutions to protect electronic devices from electromagnetic interference and heat, saw its London-listed stock crash nearly 50 percent on Wednesday after issuing a profit warning. Laird happens to be a...
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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...
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Over 1,000 Store Closures Coming For RadioShack Following Poor Earnings Report
Tuesday, March 4, 2014 - 2:06pm | 466Read More...It was a rough 2013 for RadioShack (NYSE: RSH). The electronics chain, like a lot of retailers, has been slammed by a still-weak economy and the ongoing migration of consumers from brick-and-mortar stores to shopping online. And despite a popular Super Bowl ad, poking fun at itself and its...
