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Best Buy Offers New 'Destiny' Beta With In-Store Demo On July 19
Thursday, July 10, 2014 - 12:54pm | 625Read More...Best Buy (NYSE: BBY) customers will be able to play Destiny at select stores on Saturday, July 19. The three-hour event (which is scheduled to run from 6:00 p.m. to 9:00 p.m.) will be held at 71 Best Buy stores nationwide. All participating locations can be found at BestBuy.com/GamingEvents....
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3 Retailers The Shorts Are Selling
Thursday, June 12, 2014 - 10:46am | 903Read More...Among the struggling U.S.-based retailers, Avon Products (NYSE: AVP), Barnes & Noble (NYSE: BKS) and Sears Holdings (NASDAQ: SHLD) saw significant upswings in short interest between the May 15 and May 30 settlement dates. The number of shares sold short in Best Buy and J.C. Penney swelled more...
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Earnings Expectations For The Week Of May 19: More Big-Box Retailers
Sunday, May 18, 2014 - 5:29pm | 985Read More...Wal-Mart (NYSE: WMT) kicked off earnings season for the big retailers last week with disappointing first-quarter results. Taking their turns on the earnings stage this week are Best Buy (NYSE: BBY), Home Depot (NYSE: HD), Target (NYSE: TGT) and several more retailers. Below is a brief look at...
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GameStop Faces Serious Threat From Digital Downloads
Monday, May 12, 2014 - 2:29pm | 912Read More...GameStop (NYSE: GME) might be in for a rough ride as signs continue to allude to the fact that the company will not play as big of a part in the future of gaming as previously thought. When GameStop reported its fourth quarter 2013 results on March 27, the company fell short of the consensus...
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Market Wrap For April 4: Dow Suffers Triple Digit Point Loss, Nasdaq Continues To Underperform
Friday, April 4, 2014 - 4:44pm | 2444Read More...U.S. stocks ended the week on a sour note as investors continue to sell many momentum names. Not helping the bull case was the much anticipated Jobs report number which failed to "wow" the market, coming in relatively in-line with expectations. The Dow suffered a triple digit point loss and...
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Market Wrap For March 28: Markets Still Positive Despite Giving Up Early Gains
Friday, March 28, 2014 - 4:27pm | 1778Read More...U.S. stocks finished the week on a positive note despite a sell-off in the afternoon. One possible reason for the sell-off is that investors are adjusting their portfolios for the end of the quarter on Monday. Major indices rallied off the opening bell with the Dow Jones Industrial Average...
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Market Wrap For March 27: Markets Lower Following Mixed Economic Data
Thursday, March 27, 2014 - 5:39pm | 2145Read More...U.S. stocks were slightly lower as positive labor market data clashed with fourth quarter GDP estimates that showed the economic expanded less than economists had expected. Major indices finished slightly lower as the Nasdaq index continues to see its losses fall sharper compared to the Dow and...
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Earnings Expectations For The Week Of March 24: BlackBerry, Walgreen And More
Sunday, March 23, 2014 - 11:02am | 934Read More...While investors watch the ongoing standoff between the West and Russia, and hope for fresh signs of economic growth in the GDP and PMI numbers, more off-season quarterly reports will roll out this week. Highlights will include earnings results from BlackBerry (NASDAQ: BBRY) and Walgreen (NYSE:...
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Market Wrap For March 18: Markets Positive Despite Crimea Concerns
Tuesday, March 18, 2014 - 4:35pm | 2079Read More...U.S. stocks extended Monday's gains despite lingering concerns over Crimea. Russian President Vladimir Putin has authorized a draft treaty for Crimea to join Russia. U.S. economic data showed that housing starts in February remain healthy with modest gains. The Dow gained 0.55 percent,...
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Wal-Mart Entering Used Game Space; GameStop Under Pressure?
Tuesday, March 18, 2014 - 2:14pm | 363Read More...Wal-Mart (NYSE: WMT) on Tuesday announced that it will launch a used video game exchange program. Customers will be able to trade in old video games in exchange for store credit beginning on March 26. Wal-Mart's move into the used game space places tremendous pressure on GameStop (NYSE: GME) whose...
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Is Electronic Arts Serious About Virtual Reality Gaming?
Tuesday, March 11, 2014 - 2:01pm | 502Read More...Electronic Arts (NASDAQ: EA) CEO Andrew Wilson recently indicated that his company is experimenting with virtual reality. Wilson discussed the topic during a video games panel at the annual SXSW event. His comments could be dismissed as a PR push for his company's newest game, Titanfall....
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Market Wrap For March 5: Markets Calm Following Tuesday's Massive Rally
Wednesday, March 5, 2014 - 5:40pm | 2368Read More...U.S. stocks were little changed on Wednesday as investors found no new catalysts to maintain a bull rally, especially ahead of Friday's employment report and no new major developments arising from the Ukraine/Russia stand-off. The Beige Book, released at 2:00 pm, confirmed what most already...
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Short Sellers Pick Up Some Avon And Rite Aid (AVP, RAD, SVU)
Saturday, March 1, 2014 - 2:19pm | 803Read More...Among the struggling U.S.-based retailers, Avon Products (NYSE: AVP), Rite Aid (NYSE: RAD) and SUPERVALU (NYSE: SVU) saw significant swings in short interest between the January 31 and February 14 settlement dates. Tuesday Morning and HHGregg also saw a double-digit increase in the number of...
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Market Wrap For February 25: Markets End The Day Relatively Flat
Tuesday, February 25, 2014 - 5:38pm | 2952Read More...U.S. stocks fell on Tuesday as investors found a decline in consumer confidence as reason enough to keep stocks from moving higher. The S&P 500 retreated from its record all time high set yesterday but took a run above the 1,850 level in the late morning. The all time high for the index is...
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Short Sellers Pick Up Some Avon And GameStop (AVP, GME, ODP)
Thursday, February 13, 2014 - 1:49pm | 846Read More...In the final two weeks of January, when it had become clear how the holiday shopping season had shaken out and the markets seemed to be undergoing a correction, Avon Products (NYSE: AVP),GameStop (NYSE: GME) and Office Depot (NYSE: ODP) saw significant upswings in short interest. Other struggling...
















