Electronics Stores

(RSH) RadioShack Expands Do It Yourself Product Base

Struggling consumer electronics specialty retailer, RadioShack Corp. (RSH) extended its partnership with Maker Media, which will expand its Do it Yourself (DIY) product base. Notably, Maker Media is an existing DIY partner of RadioShack.

The...

19May2013 | | Comments Off on (RSH) RadioShack Expands Do It Yourself Product Base | Continued

(RSH) RadioShack: Will It Beat Earnings?

RadioShack Corp. (RSH) – a popular consumer electronics specialty retailer – is set to release its first-quarter 2013 results before the opening bell on Apr 23, 2013.

In the last quarter, the company delivered a 300% earnings...

2May2013 | | Comments Off on (RSH) RadioShack: Will It Beat Earnings? | Continued

(GME) GameStop Hits 52-Week High

Shares of GameStop Corporation (GME) surged to attain a new 52-week high of $32.33 on Apr 12, 2013, before closing at $32.02, up 1.1% from the previous day’s session. Shares of this Zacks Rank #3 (Hold) video game and entertainment...

23Apr2013 | | Comments Off on (GME) GameStop Hits 52-Week High | Continued

(RSH) RadioShack Remains Neutral

We reaffirm our long-term Neutral recommendation on RadioShack Corp. (RSH). The company surprised in its fourth-quarter 2012 financial results with a net profit. This was in huge contrast to the Zacks Consensus Estimate of a net loss....

18Apr2013 | | Comments Off on (RSH) RadioShack Remains Neutral | Continued

(BBY) Can Best Buy Combat ‘Showrooming’?

Best Buy Co., Inc. (BBY), which is slated to report its fourth-quarter results on February 28, has had a tough year. The retailer had a disappointing third quarter. Earnings per share dropped from the year-ago quarter figure of 47...

23Feb2013 | | Comments Off on (BBY) Can Best Buy Combat ‘Showrooming’? | Continued

(GME) Target Dividend Stocks for Portfolio

It’s a flagging economy and thus investors will obviously prefer to bet their bucks in the safer counters. Investors, in order to shield themselves from the upheavals in the financial world, are now diligently choosing their portfolio of stocks that can give them the best returns.

On that...

22Feb2013 | | Comments Off on (GME) Target Dividend Stocks for Portfolio | Continued

(HGG) hhgregg Downgraded to Strong Sell

Zacks Investment Research downgraded hhgregg Inc. (HGG) to a Zacks Rank #5 (Strong Sell) on Jan 16. Expectations of a disappointing third quarter fiscal 2013 and a consequent cut in the fiscal 2013 outlook, particularly due to continued...

23Jan2013 | | Comments Off on (HGG) hhgregg Downgraded to Strong Sell | Continued

(BBY) Best Buy – Bear of the Day

Best Buy, Inc. (BBY) posted dismal third-quarter 2013 results. The quarterly earnings of $0.03 per share fell 94% from the year-ago quarter, and also missed the Zacks Consensus Estimate of $0.12. Total revenue also declined 3.5% to...

26Nov2012 | | Comments Off on (BBY) Best Buy – Bear of the Day | Continued

(RSH) RadioShack to Underperform

The nightmare of RadioShack Corp. (RSH) persists as the company continues with its disappointing performance. Second-quarter 2012 financial results were well below the Zacks Consensus Estimates.

Management has suspended its...

10Oct2012 | | Comments Off on (RSH) RadioShack to Underperform | Continued

(RSH) RadioShack and Leap Wireless International Join Forces

Struggling electronics retailer RadioShack Corp. (RSH) has collaborated with Cricket Communications, a wholly-owned subsidiary of Leap Wireless International Inc. (LEAP)...

18Sep2012 | | Comments Off on (RSH) RadioShack and Leap Wireless International Join Forces | Continued

(BBY) Best Buy – Bear of the Day

Best Buy (BBY) was recently downgraded from Neutral to Underperform. The downgrade comes following dismal second quarter 2013 results. The quarterly earnings of $0.20 per share fell 49% from year ago levels...

27Aug2012 | | Comments Off on (BBY) Best Buy – Bear of the Day | Continued

(RSH) RadioShack Crushed in First Quarter

The nightmare for RadioShack Corp. (RSH) persists as the company continues with its disappointing performance. The company’s first-quarter 2012 financial results were well below the Zacks Consensus Estimates.

The comparable...

1May2012 | | Comments Off on (RSH) RadioShack Crushed in First Quarter | Continued

(RSH) RadioShack Meets Analyst Earnings Estimates

Before the opening bell today,  RadioShack Corp. (RSH) declared its fourth-quarter 2011 financial results, mostly in line with the Zacks Consensus Estimates. The Comparable store sales for the company-operated stores and kiosks (stores...

23Feb2012 | | 0 comments | Continued

(HGG) hhgregg Incorporated – Bear of the Day

Hhgregg, Inc. (HGG) has recently expressed its apprehension with regard to its third-quarter 2012 earnings to decline to approximately $0.60 per share, from the prior-year quarter of $0.66. The estimate slid on the back of lower than...

17Jan2012 | | 0 comments | Continued

(RSH) RadioShack Corporation – Bear of the Day

RadioShack Corp. (RSH) difficulties persist as the company continues its disappointing performance. Precipitous decline of the signature and consumer electronics retail businesses, adverse product-mix toward low-margin devices, and...

27Dec2011 | | 0 comments | Continued

(GME) GameStop Earnings Scorecard

GameStop Corporation (GME), the video game and entertainment software retailer, recently posted third quarter 2011 results.

Street analysts had more than a week to ponder the news. In the subsequent paragraphs, we cover the...

30Nov2011 | | 0 comments | Continued

(BBY) Motorola Mobility Holdings Opts for Cheaper XOOM

Motorola Mobility Holdings Inc. (MMI) introduced a cheaper XOOM tablet, designed mainly for families. This product is available at Best Buy Co. Inc. (BBY) stores from...

18Oct2011 | | 0 comments | Continued

(HGG) hhgregg Incorporated – Bear of the Day

We have downgraded the hhgregg, Inc.’s (HGG) recommendation to Underperform from Neutral on the heels of the hhgregg’s first-quarter 2012 net loss of $0.02 per share which was below the Zacks Consensus Estimate of a break-even...

12Oct2011 | | 0 comments | Continued

(RSH) RadioShack to Sell NOOK e-reader

RadioShack Corp. (RSH), the leading electronics and wireless devices retailer in the U.S., recently entered into an agreement with  Barnes & Noble Inc. (BKS)....

23Sep2011 | | 0 comments | Continued

(BBY) Company News for September 14, 2011 – Corporate Summary

•    Best Buy Co., Inc. (NYSE:BBY) posted Q2 EPS of $0.47, lower than the Zacks Consensus Estimate of $0.53 per share. Revenues for the quarter were flat year-over-year at $11.35 billion, missing the Zacks Consensus Estimate of $11.442 billion

•   ...

14Sep2011 | | 0 comments | Continued

(BBY) Stock Market News for September 13, 2011 – Market News

A late rally saw markets recoup the day’s losses to finally finish in the green on Monday, after news of China stepping in to buy Italian bonds helped soothe the nerves of jittery investors. Initially, markets had been trading in the negative zone as investors were bogged down by fears of a Greek...

13Sep2011 | | 0 comments | Continued

(BBY) Best Buy Analyst Maintains Neutral on Shares

We reiterate our long-term Neutral recommendation on Best Buy Company Inc. (BBY), one of the leading specialty retailers of consumer electronic products, home office products, entertainment software, appliances and related services,...

22Jun2011 | | 0 comments | Continued

(BBY) Best Buy Raises Dividend and Approves Share Buyback

Best Buy Company Inc. (BBY), in its attempt to optimize its shareholders’ return, decided to employ its available free cash in raising its quarterly dividend and also approved a share buyback program.

The leading specialty...

22Jun2011 | | 0 comments | Continued

(BBY) Best Buy Company Earnings Scorecard

Best Buy Company, Inc. (BBY), the leading specialty retailer of consumer electronic products, recently posted better-than-expected first-quarter 2012 results.

Street analysts had over a week to ponder on the company’s scores....

22Jun2011 | | 0 comments | Continued

(BBY) e-Commerce Stock Outlook – June 2011 – Industry Outlook

The Electronic Commerce, or e-commerce, industry is one of the most developing sectors of the economy. The industry is evolving very rapidly, so data collection and evaluation are particularly difficult. Consequently, one has to rely largely on surveys by both government and private agencies.

According...

16Jun2011 | | 0 comments | Continued

(BBY) Stock Market News for June 15, 2011 – Market News

A better-than-expected retails sales report lifted the overall market to record their largest gains in almost two months on Tuesday. After the markets recorded its first sixth consecutive week of losses since the fall of 2002 last week, gains akin to yesterday’s will enable the benchmarks avoid...

15Jun2011 | | 0 comments | Continued

(RSH) RadioShack Remains Neutral

We are maintaining our cautious stance on RadioShack Corp.(RSH) given the company’s moderate performance in the first quarter of 2011.

RadioShack declared mixed financial results for the first quarter of fiscal 2011. Although...

12Jun2011 | | 0 comments | Continued

(BBY) Stock Market News for May 13, 2011 – Market News

With the lack of any major events and the fading out of the earnings season, volatility in commodities has swung the markets over the past few days. On Thursday, a rebound in commodities lifted the benchmarks higher. Moreover, investors chose to negate mixed economic data as crude prices gained strength...

13May2011 | | 0 comments | Continued

(BBY) Best Buy Changes Overall Retail Focus

As per Business Journal Report, Best Buy Co. Inc. (BBY) intends to employ a strategy of concentrating more on its smaller mobile stores, online sales and expansion in China with less and less reliance on big-box stores.

The...

18Apr2011 | | 0 comments | Continued

(GME) GameStop Analyst Maintains Neutral on Shares

GameStop Corporation (GME) is well positioned to take advantage of the growing market for video game products and PC entertainment software. The company’s strategy is to grow through store expansions in favorable localities, by providing...

9Apr2011 | | 0 comments | Continued