Latest Articles
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Best Buy Shows A Loss And Warns Of Further Short Term Pain
Electronics retailing giant Best Buy (NYSE:BBY) announced its Q1 results on May 21. The company reported revenues of $9.4 billion, lower than $10.4 billion recorded in the comparable period last year. However, the figure excludes the result from...
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Is Wal-Mart Stock in Danger of a Pullback?
Submitted by Emma Davis of Investment Contrarians as part of our contributors program . By Sasha Cekerevac We all know that the stock market has moved up significantly over the past few months. The real question is: is the move up based on the...
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One Sports Car Stock That’s Shocking the Market
Submitted by Emma Davis of Investment Contrarians as part of our contributors program . By George Leong A year ago, I was able to take a close look at a cool-looking electric-powered sports car. I even got to sit in it. I noticed that it was ...
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How Understanding the Investment Climate Equals Stock Market Success
Submitted by Emma Davis of Investment Contrarians as part of our contributors program . By George Leong If you invested all of your money in the stock market, you would be exposed to extraordinary risk of a market retrenchment. Of course, you...
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SEC Raises Requirement for Chinese Companies for U.S. Listings; Chinese Companies Looking Elsewhere
Submitted by Emma Davis of Investment Contrarians as part of our contributors program . By George Leong Chinese initial public offerings ( IPOs ) could be hot again this year, but don’t look to America as the breeding grounds: the flow t...
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How Much Will Best Buy’s Turnaround Efforts Lift Earnings?
Electronics retailing giant Best Buy (NYSE:BBY) will announce its Q1 results on May 20. We expect the company to report better year-over-year revenues largely due to its price matching policy. However, margins could come in lower due to aggressi...
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Best Buy Exits Europe With Stake Sale In Joint Venture With Carphone Warehouse
Electronics retailer Best Buy (NYSE:BBY) has announced that it is selling its 50% stake in Best Buy Europe, the joint venture with Carphone Warehouse Group (CPW), Europe’s biggest independent mobile phone retailer. Best Buy Europe consists...
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Best Buy’s Price Matching Strategy Helps Results As Turnaround Efforts Drag On
Electronics retailing giant Best Buy (NYSE:BBY) announced its Q4 and annual results on March 1. The company reported Q4 revenues of $16.71 billion, marginally higher than $16.67 billion in the comparable period last year. It managed to bring dow...
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Best Buy’s Earnings: Margin Erosion And Sales Outlook In Focus
Electronics retailing giant Best Buy (NYSE:BBY) will announce its Q4 and annual results on February 28. In the fourth quarter, the company was in the news for quite a few reasons. Its holiday sales figures were being closely watched and tracked ...
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Citi Snaps Up Capital One’s Best Buy Credit Card Portfolio
Earlier this week, Capital One Financial (NYSE:COF) inked a deal with financial giant Citigroup (NYSE:C) to sell a portfolio of Best Buy (NYSE:BBY), private label (cards which can only be used at Best Buy) and co-branded (cards branded with Bes...
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Best Buy’s Permanent Price-Matching Policy Will Help Fight Off Showrooming
Best Buy (NYSE:BBY) has announced that it will make its price-matching policy permanent from March 3, 2013. The policy was introduced on an experimental basis in the holiday season. It guarantees that the company will match the lowest price on of...
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What Do Best Buy’s Better Than Expected Holiday Sales Mean For Its Outlook?
Best Buy (NYSE:BBY) released its holiday sales results at the end of last week, sending its stock price soaring by nearly 16%. The revenues for the nine week holiday period were comparable to those of last year, down marginally by 0.4% from $12.9...
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Best Buy’s $16 Fair Value Overshadowed By A Turbulent Year
Electronics retailing giant Best Buy (NYSE:BBY) did not have a pleasant 2012. The company continued to grapple with the winds of change sweeping the retail industry without being able to figure out the perfect strategy to adapt comfortably. Chur...
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What’s Happening With Best Buy?
Best Buy ‘s (NYSE:BBY) stock has shown extreme volatility in the last few days. It first rose sharply to the tune of 15% and then plunged by a similar amount towards the end of last week. The sharp movements have been attributed to speculat...
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Best Buy’s TechForward Lawsuit Highlights The Company’s Innovation Challenge
Best Buy ‘s (NYSE:BBY) conviction in a case where it was accused of stealing trade secrets from a start-up firm called TechForward has put a question mark over the firm’s ethical practices. The company was ordered by the court to pay ...
