Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Markets & Finance

Best Buy Gains

Mylan Labs (MYL) sees 92 cents to $1.15 fiscal 2006 earnings per share (adjusted), and $1.20 to $1.74 fiscal 2007 earnings per share. It announces a $1.25 billion stock buyback and doubles annual dividend to 24 cents. The company plans to out-license nebivolol, its highly anticipated next-generation beta blocker.

Best Buy (BBY) posted 51 cents, vs. 28 cents (adjusted) first-quarter earnings per share on a 12% revenue rise. The company sees 51 cents to 56 cents second-quarter earnings per share. It raises fiscal 2006 earnings per share guidance to $3.10 to $3.25, up from a previous $2.95 to $3.10 range. It continues to expect $30 billion fiscal 2006 revenue.

InfoUSA Inc. (IUSA) gets an offer from Vin Gupta & Co., LLC, an entity controlled by the company's founder, Chairman and CEO, to acquire all outstanding shares of InfoUSA not held by Mr. Gupta for $11.75 per share in cash.

Krispy Kreme Dounuts (KKD) delays the filing of its most recent quarterly report. The company sees a first-quarter loss on 21% lower revenues of about $153 million.

Sirius Satellite (SIRI) signs an agreement with Sprint (FON) to offer select Sirius Satellite Radio programming.

In a Form 8-K filing with the SEC, Western Digital (WDC) raises its fourth-quarter revenue guidance to $900 million to $915 million, but says due to higher operating expenses, it keeps 22 cents to 24 cents earnings per share guidance. Piper Jaffray downgrades to market perform.

L-3 Communications (LLL) says its Canadian Electronic Systems (L-3 ES) unit received a $89.6 million production contract from Boeing Integrated Defense Systems of St. Louis, Mo.

OfficeMax (OMX) says the SEC issued formal order of investigation arising from the company's previously announced internal investigation into accounting for vendor income. S&P maintains hold.

Weight Watchers (WTW) agrees to gain full control of its online affiliate, Inc., from European investment firm Artal Luxembourg SA in a $389 million deal. It sees the deal adding 3 cents to 5 cents to earnings per share in 2006, and 10 cents to 15 cents to earnings per share in 2007.

Knight Ridder (KRI) posted 3.5% total advertising revenue growth for May. The company posted flat operating revenue growth.

Pier 1 Imports (PIR) posted a 14-cent first-quarter loss, vs. 13 cents earnings per share on a 12% same-store sales decline and 6.1% total sales decline. It sees 3 cents earnings per share to a 7-cent loss in the second-quarter on a same-store sales decline in the mid- to high-single-digit range.

Edwards Lifesciences (EW) halts the enrollment in U.S. trials for a heartvalve replacement procedure. It remains comfortable with second-quarter earnings per share estimate of 48 cents earnings per share. First Albany downgrades to underperform from neutral.

blog comments powered by Disqus