Electronics Stores
(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...
(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...
(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...
(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...
(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...
(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. (
18Oct2011 | vitalstocks | 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...
(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. (
23Sep2011 | vitalstocks | 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...
(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...
(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...
(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...
(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...
(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...
(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...
(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...
(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...
(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...
(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...
(RSH) RadioShack Analyst Increases Shares to Neutral
We are upgrading our recommendation on RadioShack Corp. (RSH) to Neutral based on (1) its current valuation (2) launch of iPAD2 in its 500 stores from March 29, 2011. The stock price has plummeted nearly 37.5%...
(BBY) Company News for March 25,2011 – Corporate Summary
• Beat Buy (NYSE:BBY) reported Q4 EPS today of $1.98, beating the Zacks Consensus Estimate of $1.84 per share. Revenue for the quarter was down 1.8% year-over-year to $16.3 billion higher than the Zacks Consensus Estimate...
(BBY) Company News for March 25,2011 – Corporate Summary
• Beat Buy (NYSE:BBY) reported Q4 EPS today of $1.98, beating the Zacks Consensus Estimate of $1.84 per share. Revenue for the quarter was down 1.8% year-over-year to $16.3 billion higher than the Zacks Consensus Estimate...
(BBY) RadioShack Set to Join the $24.9 Billion Tablet PC Craze
by Alexander Moschina, Investment U Research
Tuesday, January...
(GME) GameStop Third Quarter 2010 Earnings Report Rises
GameStop Corporation (GME), the video game and entertainment software retailer, recently posted third-quarter 2010 results. The quarterly earnings of 38 cents a share came a penny ahead of the Zacks Consensus...
(RSH) RadioShack Analyst Downgrades Shares to Neutral
We downgrade our recommendation on RadioShack Corp. (RSH) to Neutral. Major near-term concern for RadioShack is the significant decline in its gross margin. In the third quarter of 2010, gross margin was 45.4%...
(BBY) Best Buy Incorporated – Consensus Estimates Climb
Will holiday cheer rain down on the electronics retailers this year? Best Buy Inc. (BBY) is scheduled to report third quarter results in the middle of the holiday season but is coming off of a 36.4% earnings...
(RSH) RadioShack Third Quarter 2010 Earnings Beats Estimates
RadioShack Corp. (RSH) has declared third quarter 2010 financial results mostly in line with the Zacks Consensus Estimates. Comparable store sales for the company-operated stores and kiosks (stores and kiosks...
(RSH) RadioShack Analyst Upgrades Shares to Outperform
We upgrade our recommendation on RadioShack Corp. (RSH) to Outperform based on our assessment that the company is likely to improve its earnings in the future reporting quarters as a result of a significant...
(BBY) Stock Market News for September 15, 2010 – Market News
The recent rally in stocks came to a halt on Tuesday as mixed economic data failed to lift investors’ sentiments. The blue-chip Dow industrials and the broader Standard & Poor’s 500-stock index dropped for the first time in five days even as the Commerce Department...
(RSH) RadioShack Second Quarter 2010 Earnings Scorecard
The future outlook for RadioShack Corp. (RSH) is flat. Second quarter 2010 financial results were mostly in line with Zacks Consensus Estimates. Recent earnings estimate revisions are showing an almost...