Tuesday, June 19, 2007

Best Buy, Color Kinetics, Expedia, Microchip, Taser: U.S. Equity Movers

(Bloomberg) -- The following is a list of companies
whose shares are having unusual price changes in U.S. exchanges
today. Stock symbols are in parentheses after company names.
Share prices are as of 9:30 a.m. New York time.

Best Buy Co. (BBY US) slid $2.08, or 4.3 percent, to $45.93.
The largest U.S. consumer-electronics chain said profit fell 18
percent on sales of less profitable laptop computers and lower
prices for flat-panel televisions. Net income dropped to 39 cents
a share for the first quarter from 47 cents a year ago. Analysts
estimated Best Buy would earn 50 cents a share. The company also
cut its annual profit forecast.


Read more at Bloomberg Stocks News

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