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Stock Market & Financial Investment News

News Breaks
November 16, 2012
09:27 EDTBBY, EAGLGlobal Eagle Acquisition says Dave Davis to be CFO of combined business
Global Eagle Acquisition Corp. (EAGL) announced that Dave Davis, former chief financial officer of Northwest Airlines Corporation and US Airways Group and current director of Row 44, will join the company as VP and Chief Financial Officer upon closing of its proposed business combination transaction in which Global Eagle will acquire Row 44 and 86% of the issued and outstanding shares of Advanced In-flight Alliance. Global Eagle Acquisition Corp. will be renamed Global Eagle Entertainment Inc. upon the closing. Prior to the closing of the business combination, Davis will serve as Chief Financial Officer of Row 44. Davis served as Senior Vice President, Enterprise Finance, at Best Buy (BBY).
News For EAGL;BBY From The Last 14 Days
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August 20, 2015
19:53 EDTBBYRetailers, others question heightened fees at Port of Oakland, WSJ says
After the Port of Oakland said it is considering implementing additional fees, the Retail Industry Leaders Association told the Federal Maritime Commission that it is "troubled" due to the lack of details regarding the fees, according to the Wall Street Journal. The retailer group also questioned the general effectiveness of such a program, and the Agriculture Transportation Coalition echoed the criticism, said the report. Note that executives from Lowe's (LOW), Best Buy (BBY), Target (TGT), Coca-Cola (KO), J.C. Penney (JCP), Tyson Foods (TSN), SunOpta (STKL), and Whole Foods (WFM) serve on the boards of the aforementioned associations. Reference Link
09:42 EDTBBYBest Buy traffic and ticket trends improved in Q2, says ITG Research
ITG Research said Best Buy's traffic and ticket trends improve in Q2 versus Q1 driven by a mix shift towards big ticket items. The firm's Q2 domestic revenue estimates of $7.8B remains above consensus of $7.657B.
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