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Stock Market & Financial Investment News

News Breaks
November 12, 2012
09:17 EDTWSM, BBYBest 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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February 12, 2016
09:59 EDTBBYOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Aegerion (AEGR) downgraded to Underperform from Neutral at BofA/Merrill... Archer Daniels (ADM) downgraded to Hold from Buy at Argus... Bed Bath & Beyond (BBBY) downgraded to Perform from Outperform at Oppenheimer... Best Buy (BBY) downgraded to Perform from Outperform at Oppenheimer... Boeing (BA) downgraded to Neutral from Overweight at JPMorgan... CSX (CSX) downgraded to Market Perform from Outperform at Avondale... Comstock Resources (CRK) downgraded to Neutral from Buy at Ladenburg... EV Energy (EVEP) downgraded to Neutral from Buy at Ladenburg... FNFV (FNFV) downgraded to Market Perform from Outperform at Keefe Bruyette... Flowers Foods (FLO) downgraded to Hold from Buy at Deutsche Bank... Goldcorp (GG) downgraded to Sector Performer from Outperformer at CIBC... Group 1 Automotive (GPI) downgraded to Sector Weight from Overweight at KeyBanc... HSBC cuts Sprint (S) to sell, says competitors may make turnaround difficult... KAR Auction (KAR) downgraded to Neutral from Buy at Goldman... LINN Energy (LINE) downgraded to Sell from Neutral at Citi... LPL Financial (LPLA) downgraded to Market Perform from Outperform at Wells Fargo... Legacy Reserves (LGCY) downgraded to Neutral from Buy at Ladenburg... LinnCo (LNCO) downgraded to Sell from Neutral at Citi... Memorial Production (MEMP) downgraded to Neutral from Buy at Ladenburg... NetApp (NTAP) downgraded to Underweight from Neutral at Atlantic Equities... Netflix (NFLX) downgraded to Market Perform from Outperform at FBR Capital... Nu Skin (NUS) downgraded to Neutral from Buy at Sidoti... Oceaneering (OII) downgraded on multiple headwinds at RBC Capital... Och-Ziff Capital (OZM) downgraded to Neutral from Buy at Compass Point... Stone Energy (SGY) downgraded to Neutral from Buy at Ladenburg... Vanguard Natural (VNR) downgraded to Neutral from Buy at Ladenburg.
07:01 EDTBBYBed Bath & Beyond downgraded to Perform from Outperform at Oppenheimer
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07:00 EDTBBYBest Buy downgraded to Perform from Outperform at Oppenheimer
Oppenheimer analyst Brian Nagel downgraded Best Buy to Perform citing the challenging environment for consumer spending. The analyst does not expect a "quick snapback" for Hardlines Retail stocks.
February 3, 2016
11:37 EDTWSMOptions with increasing put volume; PSX CDNS DF WDR MELI MAS NOV WSM DB
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