Consensus Earnings Forecast for Top Traded: Best Buy, Bank of America, Sprint, Micron, Groupon, and Staples
VANCOUVER, British Columbia, Dec. 14, 2012 /PRNewswire/ -- EarningForecast.com has issued consensus earnings forecast reports and equity research for the following companies: Best Buy (NYSE:BBY), Bank of America (NYSE:BAC), Sprint (NYSE:S), Micron (NASDAQ:MU), Groupon (NASDAQ:GRPN), and Staples (NASDAQ:SPLS).
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Best Buy Co., Inc. (NYSE:BBY): Richard Schulze, founder and former Chairman of Best Buy Co., Inc. (NYSE:BBY), is expected to control approximately 21% of the company's shares for "at least US$5 billion to US$6 billion". Under the terms of the proposed transaction, Best Buy's stockholders will receive between US$24 and US$26 in cash for each share of Best Buy common stock they own. Following the rumored offer, shares of Best Buy soared 15.93% to US$14.12. Do you think now is a good time to buy or sell the stock? See BBY earnings forecast report here.
Bank of America Corporation (NYSE:BAC): Arvest Bank lately announced an agreement with Bank of America Corporation (NYSE:BAC) to acquire 29 banking locations and most deposit accounts and loans associated with those locations. Observing comprehensive analysis of Bank of America could help investors avoid big lost in investment. Add BAC earnings forecast report into your watch list now.
Sprint Nextel Corporation (NYSE:S): Sprint Nextel Corporation (NYSE:S), who owns 50.4% of Clearwire's total outstanding shares, has recently offered US$2.1 billion to purchase the rest of the wireless service provider. Clearwire did not offer an immediate response to the US$2.90 offer. Sprint shares ended lower by 0.35% to US$5.64 on over 55.73 million shares, well above its 30-day average volume of 30.71 million shares. Investors may want to find out where S will go from here. Observe comprehensive Sprint earnings forecast report here.
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