Best Buy Company, Inc . ( BBY ) posted first quarter fiscal 2015 adjusted earnings from continuing operations of 33 cents per share that surpassed both the Zacks Consensus Estimate of 19 cents per share and the year ago
“Action ahead of the open was rather dull and there was a bit of intraday movement throughout the day, but by the end of the session most major benchmarks finished near where they started,” said Schaeffer’s Senior Equity Analyst
“Goldman Sachs downgraded U.S. equities to ‘underweight’ this morning, as they see risk of a 10% drawdown, and this may have pressured stocks lower,” said Schaeffer’s Senior Options Strategist Tony Venosa, CMT. “However, the S&P 500 Index (SPX) is