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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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November 19, 2014
15:31 EDTWSMNotable companies reporting after market close
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15:01 EDTBBYBest Buy technical comments before results
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14:49 EDTWSMWilliams-Sonoma technical comments ahead of earnings
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13:33 EDTBBYBest Buy November 36 straddle priced for 8.2% move into Q3
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13:29 EDTWSMWilliams-Sonoma November 70 straddle priced for 6.4% move into Q3
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12:04 EDTWSMWilliams-Sonoma volatility elevated into Q3 and outlook
Williams-Sonoma November call option implied volatility is at 101, December is at 35, January is at 29; compared to its 26-week average of 25 according to Track Data, suggesting large near term price movement into the expected release of Q3 results today.
07:26 EDTBBYBest Buy November volatility elevated into Q3 and holiday outlook
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05:58 EDTBBYStocks with implied volatility above IV index mean; BBY SPLS
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November 18, 2014
15:02 EDTBBYBest Buy management to meet with Jefferies
Meeting to be held in Boston on November 25 hosted by Jefferies.
15:01 EDTBBYBest Buy management to meet with B. Riley
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13:25 EDTWSMWilliams-Sonoma volatility elevated into Q3 and outlook
Williams-Sonoma November call option implied volatility is at 77, December is at 33, January is at 27; compared to its 26-week average of 25 according to Track Data, suggesting large near term price movement into the expected release of Q3 results on November 19.
November 17, 2014
15:45 EDTBBYBest Buy remains a top pick for the holiday season at BofA/Merrill
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07:39 EDTBBYBest Buy price target raised to $42 from $35 at Stifel
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07:05 EDTBBYBest Buy price target raised to $40 from $36 at RBC Capital
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November 14, 2014
17:07 EDTBBYSoros Fund Management gives quarterly update on stakes
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11:48 EDTBBYStocks with call strike movement; GILD BBY
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07:56 EDTWSMWilliams-Sonoma volatility elevated into Q3 and outlook
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07:36 EDTBBYBest Buy price target raised to $36 from $32 at UBS
UBS raised its price target on Best Buy to $36 from $32 ahead of its Q3 results. The firm sees a favorable near-term set-up, citing the company's cash balances, selection of premium products, and focused strategy of promotions deployment and expenses. UBS reiterates its Buy rating on Best Buy shares.
November 11, 2014
08:34 EDTBBYBest Buy to open over 1,000 stores at 5 pm local time on Thanksgiving
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06:57 EDTBBYBest Buy November volatility elevated into Q3 and holiday outlook
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