Best Buy Co., Inc. (BBY) Posts Light Q3 EPS of 3c; Revs Heavy
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UBS Comments on Best Buy (BBY)
November 21, 2012 2:16 PM ESTUBS maintained a Neutral rating on Best Buy (NYSE: BBY) and cut its price target to $12.50 (from $14.50).
Commenting on Best Buy's recent quarterly report, analysts said "With each passing quarter, it seems like BBY's array of challenges are becoming more intense."
... More
Dwindling Cash Flow at Best Buy (BBY) Has Some Analysts Questioning Takeover Interest
November 21, 2012 11:27 AM ESTBest Buy (NYSE: BBY) is seeing further pressure Wednesday following third-quarter results issued Tuesday morning. One interesting item is creeping up amid the retailer sinking to fresh decade lows: will founder Schulze still bite?
Analysts are mixed. Wedbush thinks the declining free cash flow (FCF) would make it less attractive to private equity firms while Raymond James comments that, other than pure valuation, it isn't sure... More
Sun Smiles on Schulze as Best Buy (BBY) Tests Investors' Patience
November 20, 2012 8:57 AM ESTWith Best Buy (NYSE: BBY) slumping, what's left for the retail giant? Not much, but at least one person is smiling from ear to ear.
That person, is founder Richard Schulze.
On Monday, market speculation held... More
Best Buy (BBY) Cuts FY13 Free Cash Flow Outlook
November 20, 2012 8:04 AM ESTBest Buy Co., Inc. (NYSE: BBY) expects to generate free cash flow in the range of $850 million to $1.05 billion for fiscal 2013. This amount compares with the companys previously communicated range of $1.25 to $1.5 billion that had been provided on August 21, 2012.
The companys... More
