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Stock Market & Financial Investment News

News Breaks
January 7, 2014
08:32 EDTBBYBest Buy story still set to imrpove in 2014, says Stifel
Stifel expects Best Buy to benefit from strategic moves and improved return on capital in 2014. The firm thinks the company's comps for the nine-week holiday period will be slightly below expectations, while its gross margins were likely pressured by promotions. However, the firm keeps a $48 price target and Buy rating on the shares.
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September 11, 2014
07:13 EDTBBYSome retailers wary of Apple Pay platform, Reuters says
Apple (AAPL) Pay's success is dependent on incorporating more large retailers such as Wal-Mart (WMT) and Best Buy (BBY) into the service, but both retailers recently ceased accepting payments using NFC terminals, according to Reuters, citing comments from Best Buy spokesman Jeff Shelman. Shelman said, "At this point we have no plans to accept Apple Pay." Reference Link
September 8, 2014
06:21 EDTBBYSmartwatch market to reach $10B by 2018, says Citigroup
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September 2, 2014
06:34 EDTBBYApple cuts iPad mini prices as non-Apple vendors may follow, DigiTimes says
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