New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 6, 2014
11:57 EDTBBY, HGGBest Buy retreats after sales warning from competitor
Shares of Best Buy (BBY) are lower after another electronic retail chain, hhgregg (HGG), estimated that its third quarter sales were significantly lower than expected. WHAT'S NEW: hhgregg estimated that its third quarter net sales were $707.1M, versus the consensus analyst estimate of nearly $777M. The retailer estimated that its same-store sales had fallen over 11% compared to the same period in 2012. hhgregg said its sales of consumer electronics and computing and wireless products were significantly below its expectations, noting that its holiday sales were "significantly impacted" by increased promotional offerings of televisions and tablets across a variety of retail formats. Moreover, hhgregg stated that it expects its overall full-year results to be "materially below" its previous guidance, adding that it expects to "reassess and update" its annual earnings per share guidance. PRICE ACTION: In late morning trading, Best Buy fell about 4% to $39.07, while hhgregg shares sank 5.4% to $12.87.
News For BBY;HGG From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
January 29, 2015
10:16 EDTHGGJPMorgan Chase reports 8.3% passive stake in h.h. gregg
Subscribe for More Information
07:17 EDTHGGh.h. gregg reports Q3 adjusted EPS (14c), consensus (5c)
Subscribe for More Information
January 22, 2015
10:35 EDTBBYOptions with decreasing implied volatility
Options with decreasing implied volatility: CZR ACHN NFLX SN NBR TLM CREE BBY LNCO BBRY
January 21, 2015
12:12 EDTBBYBest Buy, home retailers seen getting biggest bump from Sears demise
Subscribe for More Information
10:47 EDTBBYOptions with decreasing implied volatility
Subscribe for More Information
January 20, 2015
10:20 EDTBBYOptions with decreasing implied volatility
Options with decreasing implied volatility: RPRX TLM BBY GME CBST NPSP

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use