Major Movers on December 13; BBY, HRG, PIR, LXK, SAM, SWKS, CVS

Shares of Best Buy Co. Inc. (NYSE: BBY), a multinational retailer of consumer electronics, computing and mobile phone products, entertainment products, appliances and related services, are seeing a huge rally in trading today.

Continue reading Major Movers on December 13; BBY, HRG, PIR, LXK, SAM, SWKS, CVS

Pier 1 Posts Strong Quarterly Results, Lifts Outlook

Despite feeling pinch on sales due to hurricane Sandy, Home furnishing retailer, Pier 1 Imports Inc. (NYSE: PIR) reported on Thursday that  fiscal third quarter earnings rose by 3 percent, thanks to a double digit revenue growth and fatter margins.

Continue reading Pier 1 Posts Strong Quarterly Results, Lifts Outlook