Sears should be dead, but it's so indebted that its lenders agreed to extend maturities out as far as 2020. But can it become a viable retail operation?
NYSE BBY this is a test for the ticker
By Lawrence Meyers | May 22, 2015
It wasn't long ago that Best Buy seemed to be following in the footsteps of its onetime competitor – the now-defunct Circuit City.
By Jay Taylor | May 1, 2015
Apple's mobile payments service, Apple Pay, is driving a huge shift in the industry.
By Jay Taylor | Apr 14, 2015
As it becomes clear that mobile payments will dominate point-of-sale transactions in the future, the battle for mobile payment market share is heating up.
By Marshall Hargrave | Mar 17, 2015
Not all dividend stocks are created equal, but when investors see a company upping its dividend by 20%, it’s hard not to take notice.
By Jay Taylor | May 6, 2014
Billionaire hedge fund manager David Einhorn thinks that tech stocks are in a bubble. But he is bullish on other stocks. One of these stocks, Micron Technology (NASDAQ: MU), has already made money for investors in his fund, Greenlight Capital. In his most recent letter to investors, sent only to his fund’s backers but widely [...]
By Tyler Laundon | Jan 23, 2014
I’ve been advising investors buy shares of Best Buy (NYSE:BBY) for several months now. But last week’s 30% plummet in Best Buy’s stock served as a wakeup call that this story isn’t a slam dunk. The reason for Best Buy’s decline was that nine week holiday sales were not good; same-store revenue declined by 0.9% [...]