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News Breaks
05:57 EDTBBY
theflyonthewall.com: Best Buy upgraded to Buy from Neutral at Janney Montgomery
Janney Montgomery upgraded Best Buy on valuation as it believes sentiment has gotten overly negative on the stock. The firm raised its target on shares to $44 from $42. :theflyonthewall.com



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September 8, 2010
12:30 EDTBBY
theflyonthewall.com: Best Buy volatility elevated into EPS and outlook
Best Buy is recently down 11c to 33.59. BBY is expected to report Q2 EPS on September 14. Deutsche Bank say's "Lowering BBY estimates, but weakness already priced in" September put option implied is at 53, October is at 33, December is at 39, verses its 26-week average of 35 according to Track Data, suggesting larger price movement. :theflyonthewall.com
07:17 EDTBBY
theflyonthewall.com: Best Buy business likely slowed in Q2, says Deutsche Bank

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:theflyonthewall.com

August 26, 2010
08:05 EDTBBY
theflyonthewall.com: Best Buy launching Best Buy Trade-In program this week
Launching in close to 600 Best Buy stores this week, with additional stores to soon follow, the new Best Buy Trade-In program offers customers an opportunity to sell pre-owned video games. :theflyonthewall.com