Stock Market & Financial Investment News

News Breaks December 14, 2012 09:08 EDT BBY Best Buy drops after CNBC says deadline for takeover bid extended Best Buy's (BBY) board and Richard Schulze, the company's founder and former chairman, have agreed to extend the deadline for a potential takeover bid by Schulze until February 28, CNBC's David Faber reports. Schulze has a window of February 1 to February 28 to submit a takeover proposal for the struggling retailer, Faber added. Shares of Best Buy dropped 8%, or $1.16, to $12.96 in pre-market trading following Faber's report. News For BBY From The Last 14 Days Check below for free stories on BBY the last two weeks. Sign up for a free trial to see the rest of the stories you've been missing. 1 | 2 | all recent BBY news | >> May 22, 2013 11:56 EDT BBY Options with decreasing implied volatility: WCRX NTI PXP AMRN BBY 07:46 EDT BBY Best Buy results to start improving in 2H13, says RBC Capital Subscribe for More Information May 21, 2013 12:36 EDT BBY On The Fly: Midday Wrap Subscribe for More Information 12:32 EDT BBY Options with decreasing implied volatility: PXP ARNA BBY OPK CSC 10:20 EDT BBY Best Buy down over 3% in volatile trading, levels to watch Subscribe for More Information 09:25 EDT BBY On The Fly: Pre-market Movers Subscribe for More Information 07:09 EDT BBY Best Buy expects investment in price competitiveness to continue into Q2 Subscribe for More Information 07:07 EDT BBY Best Buy reports Q1 SSS fell 1.3% Subscribe for More Information 07:03 EDT BBY Best Buy reports Q1 adjusted EPS 32c, consensus 25c Reports Q1 revenue $9.38B, may not compare to consensus $10.64B. Reports Q1 SSS down 1.3%. May 20, 2013 15:22 EDT BBY Notable companies reporting before tomorrow's open Notable companies reporting before tomorrow's market open, with earnings consensus, include Home Depot (HD), consensus 77c; Medtronic (MDT), consensus $1.03; The TJX Companies (TJX), consensus 62c; AutoZone (AZO), consensus $7.23; Best Buy (BBY), consensus 25c; Dick's Sporting Goods (DKS), consensus 48c; Tidewater (TDW), consensus 61c; Saks (SKS), consensus 19c; Rexnord (RXN), consensus 31c; Monro Muffler Brake (MNRO), consensus 25c. 15:05 EDT BBY Best Buy May 27 weekly straddle priced for 9.1% move into Q1 Subscribe for More Information 12:24 EDT BBY Stocks with call strike movement; FSLR BBY Subscribe for More Information 11:08 EDT BBY Best Buy May weekly volatility elevated at 117 into Q1 Subscribe for More Information May 17, 2013 12:00 EDT BBY Stocks with call strike movement; FSLR BBY Subscribe for More Information May 16, 2013 11:37 EDT BBY Stocks with call strike movement; AMD BBY AMD (AMD) October 4.5 call volatility increased 4% to 58, Best Buy (BBY) June 30 call option implied volatility increased 3% to 63 according to IVolatility. 10:21 EDT BBY Best Buy volatility elevated shares near one-year high into Q1 Best Buy May weekly call option implied volatility is at 71, June is at 61, July is at 55, September is at 51 of 50 is above its 26-week average of 59 according to Track Data, suggesting large near term price movement into the expected release of Q1 earnings on May 20. 09:42 EDT BBY Best Buy estimates lowered at ITG Research Subscribe for More Information May 15, 2013 11:45 EDT BBY Stocks with call strike movement; JCP BBY Subscribe for More Information 09:44 EDT BBY Best Buy Q1results likley below consensus, says Wedbush Wedbush expects Best Buy to report Q1 pro-forma results below consensus due to the reclassification of Best Buy Europe as discontinued operations. The firm expects Best Buy's cash flow to decline and continued margin erosion to result in lower earnings. The firm rates shares an Underperform with a $9 price target. May 14, 2013 11:51 EDT BBY Stocks with call strike movement; JCP BBY J.C. Penney (JCP) June 21 call volatility increased 2% to 60, Best Buy (BBY) June 31 call option implied volatility decreased 2% to 59 according to IVolatility. 1 | 2 | all recent BBY news | >> Sign up for a free trial to see the rest of the stories you've been missing.