Best Buy Co Inc
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Stocks closed higher but off their best levels after two Fed officials dampened speculation the central bank was ready to consider "tapering" its bond-buying.
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CNBC's Courtney Reagan wraps up the action behind the retail sector, including March same-store sales reporting better than expected and JCPenney celebrating a two month anniversary of its new pricing strategy.
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Shares of Best Buy plunged 7 percent yesterday on news of the company's reported $1.7B net loss in Q4. Discussing the company's announcement to close 50 U.S. big-box stores and fire 400 employees to save $800M in costs, with Michael Pachter, Wedbush Securities managing director.
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David Strasser, Janney Montgomery Scott retail analyst, discusses Best Buy's sagging Q4 revenues, and the company's plans to shift towards mobile sales and smaller stores.
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Discussing best Buy's Q4 earnings report and its $800 million cost-cutting plan, with Michael Lasser, UBS hardline retail analyst.
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The Squawk on the Street team break down the market-moving headlines, including the IPO market heating up, Best Buy shares on the rise, and European stocks sitting at 3-week lows.
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Best Buy beats on the top line but revenues fall short. Insight with Brian Nagel, Oppenheimer & Co., who says Best Buy plans to shut down 50 big box stores.
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Michael Pachter, Wedbush Securities, explains his bleak predictions for the consumer electronics megastore, and what he expects from Best Buy's earnings report tomorrow, with the Fast Money traders.
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New data shows that Best Buy is selling almost as many iPhones as Apple itself. Insight on Best Buy's relationship with Apple and what it means for investors, with Brian Nagel, Oppenheimer & Co. senior equity research analyst.
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CNBC's Phil LeBeau has details on the FAA reviewing a ban on electronics during flight takeoffs and landings and why pilots are able to use iPads in the cockpit.
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Best Buy shares were down more than 34% last year, but could their rich cash flow make them an attractive takeover target for private equity? Dana Telsey, Telsey Advisors, discusses.
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Discussing the outlook for Apple and three reasons to buy the stock in 2012, including its new iPad & iPhones, and the new stream of earnings from iTV, with Mark McKechnie, telecom equipment analyst., and the Fast Money traders.
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It's a busy week for retailers juggling returns, exchanges and hoping to clear inventory and close the books, reports CNBC's Courtney Reagan.
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Finish Line reported earnings that aligned with estimates, however, shares of the company are getting hit today. Reiterating his 'buy' rating for the company is Tapoosh Bari, Jefferies on the Fastline analyst. Also, money is flowing into American Water Works, and Tim Winter, Gabelli utilities analyst shares insight into where the company currently stands.
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Best Buy has cancelled some Black Friday orders at the last minute, blaming overwhelming demand. Barney's, Kohl's and Target have similar issues. Ylan Mui, Washington Post reporter shares the details.
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Mad Money's Cramer says it's time to sell Best Buy, Radio Shack, and HH Gregg, because these brick and motar electronic stocks have fallen into long term secular decline, and that means they could still go a lot lower.
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The year's shopping season does not have one hot toy, but CNBC's Darren Rovell explains the hot items are those consumers find most affordable.
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Fast Money trader J.J. Kinahan makes a 'buy, sell or hold' recommendation for Best Buy and Amazon.
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An options play on Best Buy's disappointing earnings, with Mike Khouw, Cantor Fitzgerald.
