Best Buy posted unexpectedly strong earnings last quarter, but the chain still faces challenges ahead of the holiday shopping season.» Read More
Autozone Inc. rose $1.71 or. 3 percent, to $569.21. Bed Bath& Beyond Inc. fell$. 44 or. 6 percent, to $72.31. Best Buy rose$. 01 or percent, to $38.03.
Autozone Inc. rose $2.96 or. 5 percent, to $570.46. Bed Bath& Beyond Inc. fell$. 17 or. 2 percent, to $72.58. Best Buy rose$. 15 or. 4 percent, to $38.17.
Autozone Inc. fell $1.01 or. 2 percent, to $567.50. Bed Bath& Beyond Inc. rose $1.36 or 1.9 percent, to $72.75. Best Buy rose $2.48 or 7.0 percent, to $38.02.
*Intel shares up after upbeat outlook. NEW YORK, Nov 20- The Dow and S&P 500 finished at record highs on Thursday as data showed further strength in the U.S. economy and Intel gave an upbeat forecast. Boosting all three major indexes, Intel shares jumped 4.7 percent to $35.95, hitting their highest level since January 2002, after its 2015 revenue outlook was above Wall...
NEW YORK— Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market:. Best Buy Co., up $2.48 to $38.02. Salesforce.com Inc., down $2.72 to $58.30.
Best Buy jumped 7 percent Thursday after its quarterly results came in far ahead of what analysts were expecting. Beazer Homes rose 2 percent. Oil rose $1 to $75.58 a barrel in New York.
NEW YORK— A look at New York Stock Exchange 10 most-active stocks at 1 p.m.:. Advanced Micro Devices Inc. rose 3.0 percent to $2.71 with 8,362,200 shares traded. Bank of America Corp. fell. 5 percent to $16.98 with 30,392,900 shares traded.
Autozone Inc. fell $2.08 or. 4 percent, to $566.43. Bed Bath& Beyond Inc. rose $1.61 or 2.2 percent, to $73.00. Best Buy rose $2.16 or 6.1 percent, to $37.70.
NEW YORK— Brace yourself for the Black Friday shopping bonanza. Sure, stores have been pushing discounts on holiday merchandise since Halloween, but experts say Thanksgiving weekend still lives up to the hype of serving up the largest breadth of the season's bargains from TVs to clothing. He says consumer electronic deals are better on Thanksgiving or Black...
*Best Buy jumps after earnings beat; Keurig tumbles. *GoPro falls after pricing follow-on shares at discount. Growth in the economy and earnings should bode well for stocks heading into next year, said Margaret Patel, senior portfolio manager at Wells Capital Management.
Traders were also weighing a decline in weekly applications for unemployment benefits Thursday and soft economic data out of China and Europe. Best Buy rose 8 percent after its quarterly results came in far ahead of what analysts were expecting. Beazer Homes rose 3 percent.
*Best Buy jumps after earnings beat; Keurig tumbles. *GoPro falls after pricing follow-on shares at discount. The Philly Fed area "isn't a hub of industrial activity any more but it's still important and it's strong," said Kim Forrest, senior equity research analyst at Fort Pitt Capital Group.
Autozone Inc. rose$. 67 or. 1 percent, to $569.18. Bed Bath& Beyond Inc. rose $1.34 or 1.9 percent, to $72.73. Best Buy rose $2.59 or 7.3 percent, to $38.13.
Best Buy posted strong third quarter earnings. Best Buy CEO Hubert Joly discussed the difficulty in forecasting sales for the holiday season, with CNBC's Courtney Reagan.
Some of the names on the move ahead of the open.
*Best Buy jumps after earnings beat. *GoPro falls after pricing follow-on shares at discount. Futures are "basically following European markets lower," said Peter Cardillo, chief market economist at Rockwell Global Capital in New York.
Dissecting Best Buy's quarterly earnings, Michael Pachter, Wedbush Securities, explains why Best Buy is the retailer who will lose share to all of its competitors this holiday season.
U.S. stock index futures pointed to a softer open as investors digested the minutes from the Fed's latest meeting and a raft of new data.
Best Buy reported quarterly earnings and revenue that beat analysts' expectations on Thursday, sending shares sharply higher in premarket trading.
Nov 20- Best Buy Co Inc, the largest U.S. consumer electronics retailer, reported a better-than-expected profit as cost cutting paid off and revenue increased after seven quarters of decline. Best Buy shares were up nearly 10 percent in heavy trading before markets opened. Best Buy has removed layers of management, cut jobs, shut stores and boosted cash reserves...