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Stock Market & Financial Investment News

News Breaks
November 12, 2012
09:17 EDTBBY, WSMBest Buy appoints Sharon McCollam as new CAO and CFO
Best Buy announced that Sharon McCollam, the retired Director, EVP and COO and CFO of Williams-Sonoma (WSM), will join the company as its new Chief Administrative and CFO, effective Dec. 10. McCollam, 50, left Williams-Sonoma earlier this year after serving as an executive officer for more than 12 years. As the CAO and CFO, McCollam will influence and shape all aspects of Best Buy's operations and transformation strategy. She assumes a number of responsibilities including all aspects of global finance, strategic planning and corporate development, shared services and oversight of Best Buy's real estate portfolio. As CFO, she succeeds James Muehlbauer, whose departure was announced last month. Muehlbauer will leave the company at the end of this fiscal year, allowing for a smooth transition.
News For BBY;WSM From The Last 14 Days
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October 22, 2014
10:12 EDTBBYBest Buy calls active, reiterated as a top pick ahead of holiday’s at Barclays
Best Buy October weekly 32, November 34 calls are active on total call volume of 3K calls (1K puts). October weekly call option implied volatility is at 49, November is at 44, December is at 42; compared to its 26-week average of 35 according to Track Data. Active call volume suggests traders taking positions for large near term upside price movement after reiterated as a top pick ahead of holiday season at Barclays.
08:36 EDTBBYBest Buy reiterated as a top pick ahead of holiday season at Barclays
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October 15, 2014
14:01 EDTBBYIntel launches 'Intel Experience' exclusively in 50 Best Buy stores
Intel (INTC) has launched “The Intel Experience” exclusively in 50 Best Buy (BBY) retail stores nationwide. The hands-on experience zone gives everyone the opportunity to try, explore and play with the latest, cutting-edge technologies like 3-D printing, gaming meets augmented reality, and digital disc jockey remixing.
October 9, 2014
09:41 EDTBBYBofA/Merrill retail analysts hold an analyst/industry conference call
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