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Blogs about BBY

Blogs	Description	Date Updated
RadioShack (RSH) soars after reporting second quarter numbers	Filed under: Major movement, Earnings reports, Good news, Competitive strategyShares of electronics retailer RadioShack (NYSE: RSH) are soaring this morning after the company shattered its estimates for its second quarter numbers.Going into this morning's earnings announcement, analysts had been expecting to see the company show earnings of 26 cents per share, but the company shocked everyone by coming in well above those estimates, with a reported 35 cents per share for the quarter. Wall Street...	July 24, 2008
Best Buy (BBY) falls on retail analyst's comments	Filed under: Major movement, Analyst reports, Bad news, Industry, Best Buy (BBY), Options, Technical AnalysisBest Buy (NYSE: BBY) shares are falling today after a retail analyst at research company RetailMetrics LLC noted that, despite moderately encouraging same-store sales in June, retailers could face challenges through the remainder of the year. Rebate checks helped retailers this month, he notes, but they only provided a "one-time bump." He added that the back-to-school season is going to b...	July 10, 2008
Best Buy (BBY) has unique marketing opportunity with gadget protector	Filed under: Products and services, Marketing and advertising, Best Buy (BBY)When Best Buy, Inc. (NYSE: BBY) decided to pick up the ZAGG (OTC: ZAGG) invisibleSHIELD product, gadget fans everywhere need to have cheered. After all, the ZAGG product, which I've used, is an invisible shield made of military-grade film that covers all exposed surfaces of thousands of portable electronics, saving them from harm, scratches and nicks. What's not to love? Instead of those bulky and hard to handle leather...	July 09, 2008
Sharper Image lives on as a brand name, coming to a retailer near you	Filed under: Industry, Competitive strategyEarlier this year, chic and expensive retailer Sharper Image was purchased by a chop shop of sorts. A mall store with $5,000 massage chairs and insanely expensive geek gifts just didn't cut it in an age of high gas prices and home foreclosures. So the company, which went bankrupt, had its brand bought by Hilco Organization and Gordon Brothers Group. And guess what? You may see the Sharper Image brand again at you local Best Buy, Inc. (NYSE: BBY) or Targ...	June 26, 2008
Best Buy plans to double sales by 2013	Filed under: Competitive strategy, Best Buy (BBY)Best Buy Inc.'s (NYSE: BBY) Chief Operating Officer made a pretty strong pledge this week. Brian Dunn suggested that the largest consumer electronics retailer in the U.S. would double its sales to $80 billion within five years. This has an eerie air about it, as it sounds much like Dell, Inc. (NASDAQ: DELL) then-CEO Kevin Rollins many years ago. While Dell's ambitious goal didn't really pan out nearly as nice, Best Buy has a much better propositio...	June 26, 2008
Zoran: Collins Stewart Upgrades; A Converter Box Play	I already used up my quota of “don’t mess with the Zoran” headlines on a post last month, so instead I’ll jump right in and tell you that Collins Stewart analyst John Vinh today raised his rating on Zoran (ZRAN) to Buy from Hold, setting a $16 price target. He says that retail checks find that Apex Digital converter boxes - for the coming February 2009 analog-to-digital broadcast television switchover - have begun shipping to Best Buy (BBY) stores. (The boxes include Zor...	June 24, 2008
Monday Humor, Otherwise Known as the Cicuit City (CC) Earnings Call	Some of these are priceless, when I get into this I feel like I am in a Corporate version of "Spinal Tap". I think Schoonover actually believes himself... "I am very pleased to report to you that our first quarter results were above our guidance and the company is on track to deliver its financial guidance for the year. Fiscal year 2009 will be a year of very hard work and focus on execution, but we expect to improve our financial performance compared with fiscal year 2008 and set the stage to ...	June 23, 2008
Earnings highlights: Goldman Sachs, Best Buy, General Mills, Carnival and others	Filed under: Earnings reports, Archer-Daniels-Midland (ADM), Best Buy (BBY), Carnival Corp (CCL), Goldman Sachs Group (GS), General Mills (GIS), Deere and Co (DE), Western Union (WU)Here are some highlights from this past week's earnings coverage from BloggingStocks: Best Buy Inc. (NYSE: BBY) beat Q1 estimates as consumers spent their government stimulus checks. Carnival Corp. (NYSE: CCL) posted better than-expected Q2 results but offered cautious Q3 guidance. Cyberonics Inc....	June 21, 2008
hhgregg (HGG): Share price cycles in bullish 'pennant' pattern	Filed under: Earnings reports, Wal-Mart (WMT), Best Buy (BBY), Circuit City Stores (CC), Technical Analysis, Stocks to Buyhhgregg (NYSE: HGG) is a specialty retailer of consumer electronics, home appliances and related services. The firm operates 97 southeastern and midwestern U.S. stores, under the names hhgregg and Fine Lines. It also operates a retail Web site. Offerings include notebook computers, televisions, DVD recorders, refrigerators, ranges, dishwashers, freezers, washers, dryers and S...	June 19, 2008
More troubles for Circuit City (CC) during the first quarter	Filed under: Major movement, Earnings reports, Forecasts, Bad news, Management, Competitive strategy, Best Buy (BBY), Circuit City Stores (CC)It is safe to say that the past couple of years have been tough on shareholders of Circuit City (NYSE: CC), and today is no different as the company posted a large loss for its fiscal first quarter. Shares of the electronics retailer are down 7.5% after the company posted a loss of $1 a share for its most recent quarter.The company stated that the main rea...	June 19, 2008

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