Best Buy or HH Gregg: Which is the Better Bet?
Just over a year ago, many analysts were writing off electronics mega-retailer Best Buy (BBY, quote) for dead.
BBY
Market Primer: Thursday, March 14
Futures Rise After Australian Employment, ECB Report U.S. equity futures traded slightly higher in early pre-market trade following stronger than expected Australian employment data and also dovish comments from the ECB in its Monthly Bulletin. The ECB sees the eurozone economy stabilizing in 2013 with growth returning this year and sees inflation remaining tepid with downside risks remaining.
Morning Coffee Break
Welcome to Wednesday’s Morning Coffee Break – Yesterday’s rally of triple digits on the Dow Jones Industrial and over 14 points in the S&P 500 has put U.S. markets back in the green for the month of October, just 8 session before Friday’s 25th anniversary of the 1987 stock crash.
Morning Coffee Break
Welcome to Wednesday’s Morning Coffee Break – U.S. markets start the third session of the week after two straight days of uneven trading. One positive take away from yesterday’s session was the break in the final hour sell off that has persists the last few weeks.
Best Buy Options Price In New LBO Level
Today we are looking at taking advantage of Mr. Schultz’s leverage buy out (LBO) of Best Buy (BBY, quote) and as the current Best Buy board drag their feet as if they are not sure what to do with the company it gets worse for Best Buy and better for Mr. Schultz.
Morning Coffee Break
Welcome to today’s Morning Coffee Break –despite losses last week U.S. markets are firmly in the green as market participants head into the last week of September and the final week of the 3rd quarter. Markets are in the green as well for the 3rd quarter putting markets on target to be the best year since 2009.
Ahead of the Opening Bell
Well this week kicks off earnings season right in the middle of the euro zone storm and ahead Wednesday’s FOMC statement.
After Market Close
The market saw up and down swings. Financials lead the way in early trade through the afternoon. Market took a turn when news reports quoted former Greece Prime Minister Lucas Papademos as saying that preparations for the country’s exit from the euro zone are being considered, sending the euro and markets lower.
Ahead of the Opening Bell
Traders find themselves back in a risk on scenario across the board after the G8 statement indicated the euro zone policy makers would like to keep Greece in the family.
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