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Shares of Best Buy are trading up 0.15% at $32.43.
Best Buy has a potential upside of 12.7% based on a current price of $32.43 and an average consensus analyst price target of $36.56.
Best Buy (NYSE:BBY) is launching Best Buy Music Cloud, its own cloud-based music service to compete against similar services from Amazon (NASDAQ:AMZN), Google (NASDAQ:GOOG), and Apple (NASDAQ:AAPL). The service has not officially
Microsoft has launched the public beta of Microsoft Office 365 in India for professionals and small businesses. This comes even as Microsoft Corporation announced it is investing 90% of its research and development budget in clou
Amazon (AMZN) is expected to meet with executives from music labels to discuss deals for the online retailer's Cloud Drive media locker service. Most of the discussions have involved major label owners like Sony's (SNE) Sony Music
Hewlett-Packard (HPQ) provided FY14 EPS guidance of at least $7.00 and reiterated its F11 EPS guidance of $5.20-$5.28, compared with the consensus estimate of $5.24, during its investor summit last night. Hewlett-Packard stated th
The comment came at IBM's annual investor meeting, where Palmisano said that IBM is a part of "thousands" of cloud engagements.
IBM shares are up 1.96%, or $3.14, to $163.07.
Shares of International Business Machines (IBM) are higher after TheStreet.com reported that CEO Sam Palmisano said he expects Big Blue to generate around $7 billion from cloud computing by 2015.
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From FNNO.com, this is the Financial News Network. I’m Cleo
Stiller-Farrell and this is your Midweek Market Wrap Up. The British
Bankers’ Association, which has the supervisory role of setting the
influential Libor rates, announced that it would be willing to give up
its...
The Wall Street Journal reports that home prices showed their best year-to-date gains since 2005, up 5.9% through July, signaling the housing market's steady march toward recovery. Also from the Wall Street Journal, IBM (IBM) will increase its efforts to sell so-called cloud computing services...
CEO Marissa Mayer is bringing in some more new blood to Yahoo!, tapping Ken Goldman as the company's new Chief Financial Officer. Goldman's appointment will take effect on October 22nd.
Goldman served as CFO at his most recent employer, Fortinet, having worked at Siebel Systems, Sybase,...
