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You are here: Home / Archives for CNBC

CNBC

Sharp Spike in Sharp’s Prospects – Said to Working with Hon Hai on Apple iTV

December 13, 2012 by Ted Leave a Comment

Apple iTV Idea #3The Wall Street Journal is reporting today that unnamed sources are telling it that Apple has built and is testing a large screen, high definition television that it has worked closely with Asian suppliers to create. Most notably, these sources say that Apple worked closely with Hon Hai Precision Industry Co. (Foxconn) – it’s leading iPhone/iPad supplier – and Sharp Corp. – the troubled Japanese television company.

Will Apple’s iTV save Sharp?… [Read more…] about Sharp Spike in Sharp’s Prospects – Said to Working with Hon Hai on Apple iTV

Filed Under: Asian Connection, Industry Trends, Management, Manufacturers, News, Pivot Point, Strategy, Tech Trends Tagged With: Apple, AT&T, CNBC, Foxconn, Google, Google TV, Hon Hai Precision Industry Co., iPad, iPhone, iPod, iTV, Marc Andreeson, Sharp, Sony, Terry Gou, Vizio, Walkman, Wall Street Journal, WSJ

Is Best Buy Now Worst Buy?

August 22, 2012 by Ted Leave a Comment

Photo of Best Buy Store SignIt’s been a rough week for Best Buy. And if something doesn’t happen soon…it’s only going to get worse as the company is on a slippery slope and quickly losing the support of Wall Street. Already the company was embroiled in turmoil having recently dismissed CEO Brian Dunn for an inappropriate relationship with a young, female employee…scolding and then losing founder and chairman Richard “Dick” Schulze who knew about the relationship and didn’t tell anyone…and then enduring a reasonably PR-savvy public campaign as Schulze announced intentions to buy the company and take it private. Finally – as if to emphasize how bad things had become – this past Monday the company announced their fiscal Q2 results with a shocking 91% drop in profits. But wait! There’s more…

How bad is it at Best Buy? They had to pay someone $32 MILLION to come run it!… [Read more…] about Is Best Buy Now Worst Buy?

Filed Under: Industry Trends, Management, News, Pivot Point, Retailers, Strategy Tagged With: Best Buy, board of directors, Brian Dunn, CNBC, Dick Schulze

Best Buy Founder Schulze Rounds Up the Old Gang for One Last Try

August 7, 2012 by Ted Leave a Comment

Graphic of Best Buy CowboysBloomberg News reported on Monday that the Best Buy Co. board of directors has received a letter with an offer from company founder and former chairman Richard Schulze to acquire all outstanding shares of the company stock and take it private. Schulze is said to have the support of at least two private equity companies and an investment bank that is confident it can arrange adequate financing. Schulze also says several former Best Buy executives are interested in joining him in the process of reinvigorating the company.

Analysts are skeptical… [Read more…] about Best Buy Founder Schulze Rounds Up the Old Gang for One Last Try

Filed Under: Industry Trends, Management, News, Pivot Point, Retailers, Strategy Tagged With: Best Buy, Bloomberg News, Brian Dunn, CNBC, Fitch, junk bond, Minnesota, Richard Schulze

Is Housing Finally Turning Up?

June 28, 2012 by Ted Leave a Comment

Housing Prices PhotoSince 2007, the housing industry has been in a long, downward slump, with only a few positive bumps along the way providing some moderation. Today, however, we may be finally seeing some of the first “green shoots” of a possible turnaround in housing with two different and unrelated reports turning in positive numbers.

Is this the beginning of a housing turnaround?… [Read more…] about Is Housing Finally Turning Up?

Filed Under: Economic Trends, News, Pivot Point, Research Tagged With: CNBC, David Blitzer, home prices, home sales, housing, recovery, S&P/Case-Shiller Home Price Index

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Ted Green Bio

A former dealer, manufacturer, distributor & more. Focusing on business strategy, my goal is to help you make better decisions for greater success.

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