BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2009 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Sears offering hedge for consumers who lose their job -- good idea?]]>http://www.bloggingstocks.com/2009/07/03/sears-offering-hedge-for-consumers-who-lose-their-job-good-id/http://www.bloggingstocks.com/2009/07/03/sears-offering-hedge-for-consumers-who-lose-their-job-good-id/http://www.bloggingstocks.com/2009/07/03/sears-offering-hedge-for-consumers-who-lose-their-job-good-id/#commentsFiled under: , , , ,

Sears Holdings (NASDAQ: SHLD), a retailer whose competitive colleagues include Target (NYSE: TGT), Best Buy (NYSE: BBY), and Wal-Mart (NYSE: WMT), wants to improve its brand equity and find a new path to growth. As such, it's willing to employ all kinds of initiatives, especially ones that will form a nice image with the consumer during this dreadful economic contraction.

According to The Wall Street Journal (subscription required), Sears is trying out a program that offers protection against the risk of investing in an expensive appliance during a time when job security is not as secure as it used to be.

The program will run for a specified time period beginning next week, and the basic gist is this: buy an appliance priced $399 or higher on a Sears credit card and, and if you lose your job, Sears will credit one twelfth of the cost every month. Still no job after one year? Keep the appliance, your debt will be forgiven.

Continue reading Sears offering hedge for consumers who lose their job -- good idea?

Sears offering hedge for consumers who lose their job -- good idea? originally appeared on BloggingStocks on Fri, 03 Jul 2009 09:00:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>appliancesBBYBest Buyfeaturedinthenewsrecessionretailsears holdingsSHLDTargetTGTunemploymentWal-MartWMTFri, 03 Jul 2009 09:00:00 EST<![CDATA[Best Buy (BBY) starts rollout of used video game sales in U.S. stores]]>http://www.bloggingstocks.com/2009/07/01/best-buy-bby-starts-rollout-of-used-video-game-sales-in-u-s-s/http://www.bloggingstocks.com/2009/07/01/best-buy-bby-starts-rollout-of-used-video-game-sales-in-u-s-s/http://www.bloggingstocks.com/2009/07/01/best-buy-bby-starts-rollout-of-used-video-game-sales-in-u-s-s/#commentsFiled under: , ,

Best Buy Co. (NYSE: BBY) has seen some success in its Canadian stores in selling used video games. Due to that, used video games may come to U.S. stores this year, opening up a new avenue for foot traffic into the largest consumer electronics retailer in the U.S. Why rent video games when you can purchase them at heavy discounts?

Continue reading Best Buy (BBY) starts rollout of used video game sales in U.S. stores

Best Buy (BBY) starts rollout of used video game sales in U.S. stores originally appeared on BloggingStocks on Wed, 01 Jul 2009 15:20:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>BBYbest buyBestBuyGamestopInc.inthenewsused video gamesUsedVideoGamesWed, 01 Jul 2009 15:20:00 EST<![CDATA[Best Buy welcomes new CEO Dunn, the prince of 'connectivity']]>http://www.bloggingstocks.com/2009/06/29/best-buy-welcomes-new-ceo-dunn-the-prince-of-connectivity/http://www.bloggingstocks.com/2009/06/29/best-buy-welcomes-new-ceo-dunn-the-prince-of-connectivity/http://www.bloggingstocks.com/2009/06/29/best-buy-welcomes-new-ceo-dunn-the-prince-of-connectivity/#commentsFiled under: , ,

Last week, Best Buy Inc. (NYSE: BBY) CEO Brad Anderson ceded the throne to 24-year Best Buy vet Brian Dunn, who took over as CEO. Dunn, who started with the largest consumer electronics chain in the U.S. by belting out the theme to Miami Vice to amp up home theater sales in the 1980s, has stated that he wants to "connect" every consumer that steps inside Best Buy's doors. That is, make sure wireless phones, PCs, and home theater become the chain's biggest opportunities. In other words, take advantage of the "three screens of opportunity."

Continue reading Best Buy welcomes new CEO Dunn, the prince of 'connectivity'

Best Buy welcomes new CEO Dunn, the prince of 'connectivity' originally appeared on BloggingStocks on Mon, 29 Jun 2009 10:20:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>BBYBest BuyBest Buy CEOBest Buy MobileBrian DunninthenewsMon, 29 Jun 2009 10:20:00 EST<![CDATA[Earnings highlights: FedEx, Best Buy, RIM, Adobe, Smucker, Discover and more]]>http://www.bloggingstocks.com/2009/06/20/earnings-highlights-fedex-best-buy-rim-adobe-smucker-disco/http://www.bloggingstocks.com/2009/06/20/earnings-highlights-fedex-best-buy-rim-adobe-smucker-disco/http://www.bloggingstocks.com/2009/06/20/earnings-highlights-fedex-best-buy-rim-adobe-smucker-disco/#commentsFiled under: , , , , , ,

Here are some highlights from this past week's earnings coverage from BloggingStocks:

Continue reading Earnings highlights: FedEx, Best Buy, RIM, Adobe, Smucker, Discover and more

Earnings highlights: FedEx, Best Buy, RIM, Adobe, Smucker, Discover and more originally appeared on BloggingStocks on Sat, 20 Jun 2009 09:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>ADBEAdobeBBYBest BuyCarMaxCarnivalCCLDFSDiscoverDPLearningsFDXFedExITRIItronJim CramerKMXLa-Z-BoyLIZLiz ClaiborneLZBResearch in MotionRIMRIMMSealySJMSmith and WessonSmuckerSWHCWGOWinnebagoZZSat, 20 Jun 2009 09:40:00 EST<![CDATA[Five stocks for Father's Day from Kiplinger's ... and five more]]>http://www.bloggingstocks.com/2009/06/19/five-stocks-for-fathers-day-from-kiplingers-and-five-more/http://www.bloggingstocks.com/2009/06/19/five-stocks-for-fathers-day-from-kiplingers-and-five-more/http://www.bloggingstocks.com/2009/06/19/five-stocks-for-fathers-day-from-kiplingers-and-five-more/#commentsFiled under: , , , , , , ,

Every year I find myself asking the same question: What to get dad for Father's Day. Well, Kiplinger's offers not to get our dads the same old presents -- another tie, another power tool -- but stocks in companies he probably likes or uses their products. That's a great idea, I thought, and decided to counter with five of my own.
  • Kiplinger's suggests: Diageo (NYSE: DEO), the seller of such brands as Johnnie Walker, Smirnoff, Guinness and José Cuervo. Diageo has held up better than most during the recession -- thanks to a balanced portfolio of products, with higher exposure to mid-price, mainstream brands and less exposure to ultra-premium brands. The shares look reasonably priced. At $56.01, Diageo trades at 15 times estimated June 2009 earnings of $3.82 a share. The stock yields 2.8%.
  • Another to consider: Molson Coors (NYSE: TAP), the seller of such brands as Coors, Blue Moon, Pilsner and Rickard's. Beer, probably even more so than hard liquor is supposed to hold better during a recession given the cheaper price point. The company's recent quarterly profits more than doubled. The shares trade at 13 times forward earnings of $3.33 and yield 2.2%.

Continue reading Five stocks for Father's Day from Kiplinger's ... and five more

Five stocks for Father's Day from Kiplinger's ... and five more originally appeared on BloggingStocks on Fri, 19 Jun 2009 16:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>bbydeodksffeaturedhdhogjosbkmxllymwpfetapFri, 19 Jun 2009 16:40:00 EST<![CDATA[Best Buy ads: Our folks are better than Wal-Mart's employees]]>http://www.bloggingstocks.com/2009/06/19/best-buy-ads-our-folks-are-better-than-wal-marts-employees/http://www.bloggingstocks.com/2009/06/19/best-buy-ads-our-folks-are-better-than-wal-marts-employees/http://www.bloggingstocks.com/2009/06/19/best-buy-ads-our-folks-are-better-than-wal-marts-employees/#commentsFiled under: , , , ,

Best Buy Inc. (NYSE: BBY) has seen resurgent competition from mass retailers like Wal-Mart Stores Inc. (NYSE: WMT); are the employees of either retailer better? Best Buy seems to think so. Some of the newer advertising indicates that Best Buy employees are better at helping customers than Wal-Mart employees.

Although Wal-Mart has greatly enhanced the consumer electronics sections of its supercenter locations in the last 18 months, do the employees really know the ins and outs of all the new technology? Wal-Mart seems to really want to step up its competitiveness against Best Buy and others, but does it have the backbone to do so outside of just the products?

Continue reading Best Buy ads: Our folks are better than Wal-Mart's employees

Best Buy ads: Our folks are better than Wal-Mart's employees originally appeared on BloggingStocks on Fri, 19 Jun 2009 13:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>BBYBest Buyconsumer electronicsinthenewsWal-martWalmartWMTFri, 19 Jun 2009 13:00:00 EST<![CDATA[Cramer on BloggingStocks: 'Groundbreaking' days are here again ]]>http://www.bloggingstocks.com/2009/06/18/cramer-on-bloggingstocks-groundbreaking-days-are-here-again/http://www.bloggingstocks.com/2009/06/18/cramer-on-bloggingstocks-groundbreaking-days-are-here-again/http://www.bloggingstocks.com/2009/06/18/cramer-on-bloggingstocks-groundbreaking-days-are-here-again/#commentsFiled under: , , , , ,

TheStreet.com's Jim Cramer says we're back in the thrall of Washington, and he for one is tired of it.

You just feel like telling President Obama, "Look, stay focused on getting us out of this severe recession in a responsible way without too much budget busting and things will all come together."

Instead, you wake up, and every day's historic ... including a lot of days you don't want to be historic. Or sweeping. Or groundbreaking. Like this one.

The only thing we really want to hear is that the U.S. growth rate is going from negative to positive, or even less negative. Now in our faces is the World Bank news from China that growth there is being raised from 6.5% to 7.2%. From the Chinese I can take all sorts of sweeping and groundbreaking and even, yes, revolutionary.

Continue reading Cramer on BloggingStocks: 'Groundbreaking' days are here again

Cramer on BloggingStocks: 'Groundbreaking' days are here again originally appeared on BloggingStocks on Thu, 18 Jun 2009 09:50:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>bbyfdxfeaturedfinancial regulationFinancialRegulationjim cramerJimCramerThu, 18 Jun 2009 09:50:00 EST<![CDATA[Closing Bell: Sentiment shifts to 'show me!' (AMGN, BBY, MTXX, NWS, RIMM)]]>http://www.bloggingstocks.com/2009/06/16/closing-bell-sentiment-shifts-to-show-me-amgn-bby-mtxx-n/http://www.bloggingstocks.com/2009/06/16/closing-bell-sentiment-shifts-to-show-me-amgn-bby-mtxx-n/http://www.bloggingstocks.com/2009/06/16/closing-bell-sentiment-shifts-to-show-me-amgn-bby-mtxx-n/#commentsFiled under: , , ,

The green shoots are getting harder to keep pumping up as it seems that Wall Street is starting to demand some visible improvements rather than the continued notion of just "less-bad" data. The weak manufacturing data today makes it look like the factories are taking a European summer vacation.

The good news is that producer inflation has not yet started working itself into the system, based on PPI data. The housing starts looked unbelievably better than estimates, but that was due to apartment projects rather than single-family activity.

Here were today's unofficial closing bell levels:

DJIA
S&P500
NASDAQ

Top Analyst Calls

Continue reading Closing Bell: Sentiment shifts to 'show me!' (AMGN, BBY, MTXX, NWS, RIMM)

Closing Bell: Sentiment shifts to 'show me!' (AMGN, BBY, MTXX, NWS, RIMM) originally appeared on BloggingStocks on Tue, 16 Jun 2009 16:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>matrixx initiativesMatrixxInitiativesMTXXsanford bernsteinSanfordBernsteinzicamTue, 16 Jun 2009 16:00:00 EST<![CDATA[Will Best Buy best the analysts?]]>http://www.bloggingstocks.com/2009/06/15/will-best-buy-best-the-analysts/http://www.bloggingstocks.com/2009/06/15/will-best-buy-best-the-analysts/http://www.bloggingstocks.com/2009/06/15/will-best-buy-best-the-analysts/#commentsFiled under: , , , , ,

Best Buy (NYSE: BBY), the electronics mecca that competes with retailers such as Wal-Mart (NYSE: WMT), Target (NYSE: TGT), Sears (NASDAQ: SHLD), and GameStop (NYSE: GME), will be issuing earnings for the first fiscal quarter on Tuesday, June 16. According to this source, Best Buy will see a decline in net income. Analysts believe that the retailer will do $0.34 per share, which represents a drop of about 20%.

But, according to that same source, Best Buy has beaten the analysts at their game in the last two quarters. If you ask me, I think the company has a good chance of beating the forecast yet again. With all the euphoria in the equities market as of late, and with all the talk about the recession possibly coming to an end late this year, I feel that consumers must have been in a better mood in the most recent quarter. And one would assume a big name like Best Buy would get its share of the traffic.

Continue reading Will Best Buy best the analysts?

Will Best Buy best the analysts? originally appeared on BloggingStocks on Mon, 15 Jun 2009 15:40:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>BBYBest BuyBestBuyearnings previewEarningsPreviewelectronicsGamestopGMEinthenewsretailSearsSHLDTargetTGTWal-MartWMTMon, 15 Jun 2009 15:40:00 EST<![CDATA[Best Buy opening 13 new stores in fiscal 2010 while spending $13M each]]>http://www.bloggingstocks.com/2009/06/09/best-buy-opening-13-new-stores-in-fiscal-2010-while-spending-13/http://www.bloggingstocks.com/2009/06/09/best-buy-opening-13-new-stores-in-fiscal-2010-while-spending-13/http://www.bloggingstocks.com/2009/06/09/best-buy-opening-13-new-stores-in-fiscal-2010-while-spending-13/#commentsFiled under: ,

Consumer electronics retailer Best Buy, Inc. (NYSE: BBY) has less competition now that former rival Circuit City is now out of business, but that doesn't mean it has had a stellar year so far. Best Buy has been hit hard by the recession just like all other retailers, but it's also planning for the future despite sagging sales and the like in its last three fiscal quarters.

Continue reading Best Buy opening 13 new stores in fiscal 2010 while spending $13M each

Best Buy opening 13 new stores in fiscal 2010 while spending $13M each originally appeared on BloggingStocks on Tue, 09 Jun 2009 15:50:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>BBYBest BuyBest Buy storesBestBuyBestBuyStoresTue, 09 Jun 2009 15:50:00 EST<![CDATA[More retailers creating smaller concept stores to sidestep the recession]]>http://www.bloggingstocks.com/2009/05/25/more-retailers-creating-smaller-concept-stores-to-sidestep-the-r/http://www.bloggingstocks.com/2009/05/25/more-retailers-creating-smaller-concept-stores-to-sidestep-the-r/http://www.bloggingstocks.com/2009/05/25/more-retailers-creating-smaller-concept-stores-to-sidestep-the-r/#commentsFiled under: , , ,

With the recession still in full swing these days, retailers continue to try and entice consumers into stores with discounts, special programs and new and improved gimmicks to ensure sales don't decline to drastically. So, in that sense, does it sound logical that some retailers are actually opening new stores? In some ways this may actually make sense, as long as you still to small, efficient and highly profitable.

OfficeMax, Inc. (NYSE: OMX), Best Buy, Inc. (NYSE: BBY) and others are opening concept stores with a very limited selection of items in some markets and areas where full-size stores would be a huge risk. Best Buy has it Best Buy Mobile concept stores filled with high-margin wireless accessories and commissioned wireless handset and contract sales, and OfficeMax is launching stores with a selection of extremely popular items in stores as small as 2,000 square feet.

Continue reading More retailers creating smaller concept stores to sidestep the recession

More retailers creating smaller concept stores to sidestep the recession originally appeared on BloggingStocks on Mon, 25 May 2009 15:45:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>BBYBest BuyBestBuyinthenewsLOWLowesOMXRetail storesretailersMon, 25 May 2009 15:45:00 EST<![CDATA[Best Buy's Napster takes a value stab at Apple's iTunes]]>http://www.bloggingstocks.com/2009/05/20/best-buys-napster-takes-a-value-stab-at-apples-itunes/http://www.bloggingstocks.com/2009/05/20/best-buys-napster-takes-a-value-stab-at-apples-itunes/http://www.bloggingstocks.com/2009/05/20/best-buys-napster-takes-a-value-stab-at-apples-itunes/#commentsFiled under: , ,

When the Napster brand woke up the music industry using illegal downloading almost a decade ago by allowing digital music swapping across the internet, a completely new cottage industry was born. Pretty shortly, Apple, Inc. (NASDAQ: AAPL) came long with its iPod and iTunes product and made the business model work for legally downloading music. On that note, Apple has the lion's share of music downloading business at this time, although many a competitor has cropped up in the last five years.

Continue reading Best Buy's Napster takes a value stab at Apple's iTunes

Best Buy's Napster takes a value stab at Apple's iTunes originally appeared on BloggingStocks on Wed, 20 May 2009 18:20:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>AppleBBYBest BuyBestBuyInc.iTunesMusic downloadsMusicDownloadsNapsterWed, 20 May 2009 18:20:00 EST<![CDATA[White Paint Index: What the price of titanium means to the economy]]>http://www.bloggingstocks.com/2009/05/18/white-paint-index-what-the-price-of-titanium-means-to-the-econo/http://www.bloggingstocks.com/2009/05/18/white-paint-index-what-the-price-of-titanium-means-to-the-econo/http://www.bloggingstocks.com/2009/05/18/white-paint-index-what-the-price-of-titanium-means-to-the-econo/#commentsFiled under: , , , , , ,

Econoblog Financial Armageddon has a great post on titanium and what the price of this prized commodity means for the general economy. In a nutshell, titanium is a critical component of paint, particularly the base color white. Titanium is used in all manner of paints for houses and buildings, cars, home appliances, and consumer electronics. So this number impacts a wide swath of the industry from homebuilder like Toll Bros. (NYSE: TOL) to car companies like Ford (NYSE: F) to appliance makers like General Electric (NYSE: GE) to retailers like BestBuy (NYSE: BBY). From an AP article on titanium dioxide trends:

Continue reading White Paint Index: What the price of titanium means to the economy

White Paint Index: What the price of titanium means to the economy originally appeared on BloggingStocks on Mon, 18 May 2009 16:20:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>titaniumMon, 18 May 2009 16:20:00 EST<![CDATA[Wal-Mart looks to expand electronics business]]>http://www.bloggingstocks.com/2009/05/18/wal-mart-looks-to-expand-electronics-business/http://www.bloggingstocks.com/2009/05/18/wal-mart-looks-to-expand-electronics-business/http://www.bloggingstocks.com/2009/05/18/wal-mart-looks-to-expand-electronics-business/#commentsFiled under: ,

Best Buy (NYSE: BBY) is widely assumed to be the biggest beneficiary of the downfall of Circuit City, but Wal-Mart (NYSE: WMT) is looking to crash that party. "Circuit City's business is up for grabs right now and we expect to get our share," Gary Severson, Wal-Mart's senior vice president of home entertainment, told (subscription required) the Wall Street Journal.

Companies like Nintendo and Apple (NASDAQ: AAPL) will get their own in-store displays, and Wal-Mart will also be revamping its electronics departments to create a more open and interactive Best Buy-like shopping experience. Wal-Mart has been trying to move upmarket in the consumer electronics business for years, and offering Palm's soon to be released Pre smart phone is another part of that strategy.

Continue reading Wal-Mart looks to expand electronics business

Wal-Mart looks to expand electronics business originally appeared on BloggingStocks on Mon, 18 May 2009 09:30:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>BBYBest BuyBestBuyCircuit CityCircuitCityElectronicsinthenewsWal-MartWMTMon, 18 May 2009 09:30:00 EST<![CDATA[Best Buy CEO Anderson sees 60% pay cut]]>http://www.bloggingstocks.com/2009/05/14/best-buy-ceo-anderson-sees-60-pay-cut/http://www.bloggingstocks.com/2009/05/14/best-buy-ceo-anderson-sees-60-pay-cut/http://www.bloggingstocks.com/2009/05/14/best-buy-ceo-anderson-sees-60-pay-cut/#commentsFiled under: ,

Best Buy, Inc. (NYSE: BBY) will be ushering in Brian Dunn as its new CEO next month. Dunn, a company veteran, has some solid plans to keep the largest consumer electronics retailer in the U.S. afloat throughout the ongoing economic recession.

But before that happens, current CEO Brad Anderson won't be going out with a bang. A pay bang, that is.

Continue reading Best Buy CEO Anderson sees 60% pay cut

Best Buy CEO Anderson sees 60% pay cut originally appeared on BloggingStocks on Thu, 14 May 2009 13:00:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>BBYBest BuyBest Buy CEOBestBuyBestBuyCeoBrad AndersonBradAndersonCEO payCeoPayinthenewsThu, 14 May 2009 13:00:00 EST<![CDATA[Best Buy leads retailers in Blu-ray disc sales surge]]>http://www.bloggingstocks.com/2009/05/12/best-buy-leads-retailers-in-blu-ray-disc-sales-surge/http://www.bloggingstocks.com/2009/05/12/best-buy-leads-retailers-in-blu-ray-disc-sales-surge/http://www.bloggingstocks.com/2009/05/12/best-buy-leads-retailers-in-blu-ray-disc-sales-surge/#commentsFiled under: ,

Best Buy, Inc. (NYSE: BBY) is leading the way in sales of movies and other content on the surging Blu-ray format. Ever since the competing high-definition format HD-DVD went defunct in 2007, Blu-ray has steadily climbed into the driver's seat of disc-based content sales. While traditional DVD sales still dwarf Blu-ray sales, the high-def format is gaining sold ground. With it, Best Buy has become the format's best friend.

Continue reading Best Buy leads retailers in Blu-ray disc sales surge

Best Buy leads retailers in Blu-ray disc sales surge originally appeared on BloggingStocks on Tue, 12 May 2009 18:00:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>BBYBest BuyBestBuyBlu-rayBlu-ray salesBlu-raySalesInc.Tue, 12 May 2009 18:00:00 EST<![CDATA[Best Buy increasing private-label product offerings?]]>http://www.bloggingstocks.com/2009/04/28/best-buy-increasing-private-label-product-offerings/http://www.bloggingstocks.com/2009/04/28/best-buy-increasing-private-label-product-offerings/http://www.bloggingstocks.com/2009/04/28/best-buy-increasing-private-label-product-offerings/#commentsFiled under: ,

Best Buy, Inc. (NYSE: BBY) wants to carry the best brand-name products in the consumer electronics arena. At the same time, it wants to pit those brands against its private-label products and try to hit both the brand-conscious as well as the price-conscious consumer.

The reason Best Buy thinks it can win in the private-label arena where many retailers have seen mixed to negative results is the use of customer feedback to drive feature levels and pricing. This could be an example of a national retailer actually designing for and listening to customers directly without the need for a third party (outside manufacturer) to get in the way.

Continue reading Best Buy increasing private-label product offerings?

Best Buy increasing private-label product offerings? originally appeared on BloggingStocks on Tue, 28 Apr 2009 17:20:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>BBYBest BuyBestBuyTue, 28 Apr 2009 17:20:00 EST<![CDATA[Is Best Buy making a Circuit City mistake?]]>http://www.bloggingstocks.com/2009/04/27/is-best-buy-making-a-circuit-city-mistake/http://www.bloggingstocks.com/2009/04/27/is-best-buy-making-a-circuit-city-mistake/http://www.bloggingstocks.com/2009/04/27/is-best-buy-making-a-circuit-city-mistake/#commentsFiled under: ,

Best Buy, Inc. (NYSE: BBY) won the war with defunct rival Circuit City. Circuit City's demise was based on so many fundamental pieces of mismanagement it was amazing the company lasted into 2009. Now that it is gone, Best Buy stands alone with the larger discount retail chains and online superstores as the places tens of millions of Americans shop for this consumer electronics.

Continue reading Is Best Buy making a Circuit City mistake?

Is Best Buy making a Circuit City mistake? originally appeared on BloggingStocks on Mon, 27 Apr 2009 15:50:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>BBYBest BuyBest Buy staffingBestBuyBestBuyStaffingCircuit CityCircuitCityInc.inthenewsMon, 27 Apr 2009 15:50:00 EST<![CDATA[Cramer on BloggingStocks: It's go with the flow on tech stocks ]]>http://www.bloggingstocks.com/2009/04/23/cramer-on-bloggingstocks-its-go-with-the-flow-on-tech-stocks/http://www.bloggingstocks.com/2009/04/23/cramer-on-bloggingstocks-its-go-with-the-flow-on-tech-stocks/http://www.bloggingstocks.com/2009/04/23/cramer-on-bloggingstocks-its-go-with-the-flow-on-tech-stocks/#commentsFiled under: , , , , , , , , , , , , , ,

TheStreet.com's Jim Cramer says Nasdaq is so strong it's downright eerie.

Tech can't be fought here. Because people are partying like it is 1999, when firms used $400 price targets for Qualcomm (NASDAQ: QCOM) (Cramer's Take) and Broadcom (NASDAQ: BRCM) (Cramer's Take) had all the wireless network answers and Apple (NASDAQ: AAPL) (Cramer's Take) had the audacity to think that it could control the music business.

We've seen it going on since the market bottom, the endless driving of tech higher and higher. We get the wireless bottom, thanks Nokia (NYSE: NOK) (Cramer's Take); the personal computer bottom, thanks Intel (NASDAQ: INTC) (Cramer's Take); the gadget bottom, thanks Taiwan Semiconductor (NYSE: TSM) (Cramer's Take); the TV bottom, thanks Corning (NYSE: GLW) (Cramer's Take) and Best Buy (NYSE: BBY) (Cramer's Take); the software bottom, thanks to Oracle (NASDAQ: ORCL) (Cramer's Take) buying Sun Microsystems (NASDAQ: JAVA) (Cramer's Take) for its software and IBM (NYSE: IBM) (Cramer's Take) celebrating its software on its quarter; and the dot-com bottom represented by great earnings from Google (NASDAQ: GOOG) (Cramer's Take) and decent numbers from rejuvenated management teams at Yahoo! (NASDAQ: YHOO) (Cramer's Take) and eBay (NASDAQ: EBAY) (Cramer's Take).

Continue reading Cramer on BloggingStocks: It's go with the flow on tech stocks

Cramer on BloggingStocks: It's go with the flow on tech stocks originally appeared on BloggingStocks on Thu, 23 Apr 2009 10:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>aaplbbybrcmcbcscoebayelxfeaturedglwgooghighpqibmintcjavajim cramerJimCramernokorclqcomtrvtsmvmwyhooThu, 23 Apr 2009 10:40:00 EST<![CDATA[Best Buy gets into movie downloads as DVD sales tank]]>http://www.bloggingstocks.com/2009/04/20/best-buy-gets-into-movie-downloads-as-dvd-sales-tank/http://www.bloggingstocks.com/2009/04/20/best-buy-gets-into-movie-downloads-as-dvd-sales-tank/http://www.bloggingstocks.com/2009/04/20/best-buy-gets-into-movie-downloads-as-dvd-sales-tank/#commentsFiled under: , ,

Consumer electronics retailer Best Buy Inc. (NYSE: BBY) is starting to find out that many consumers don't necessarily want to own movies on DVD any longer. In fact, DVD sales have been floundering and the replacement format, Blu-ray, still has a long way to go in order to catch up with the standard DVD format.

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Best Buy gets into movie downloads as DVD sales tank originally appeared on BloggingStocks on Mon, 20 Apr 2009 18:20:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>BBYBest BuyBestBuyCinemaNowInc.Movie downloadsMovieDownloadsMon, 20 Apr 2009 18:20:00 EST