Best Buy (NYSE:BBY): According to JPMorgan’s expectations, Best Buy Chairman Dick Schulze will not sell his 20.1% stake, and opposing interpretations are incorrect. The firm believes that Schulze’s announcement from today is an attempt to gain more control over Best Buy’s strategic direction.
A Closer Look: Did Controversies CRUSH Best Buy’s Founder?
Titan Machinery Inc. (NASDAQ:TITN): The company reports a Q1 revenue totaling $421.72M, consensus $393.73M, while the farm equipment retailer’s rises from $7.2M to $7.5M. Costs increase 39%, and agricultural revenue rises 26%. The company maintains its FY 2013 EPS outlook of $2.55-$2.75 on a revenue of $1.95B-$2.1B.
Isle of Capri Casinos (NASDAQ:ISLE): The company’s FQ4 EPS of $0.38 beats by $0.09, and its revenue totaled $291M, a 13.4% increase year over year, 19M higher than expected. Isle of Capri expects to incur $5.5M worth of expenses in relation to Cap Girardeau. The company expects the FY13 CapEx to be $140M-$150M.
Nokia (NYSE:NOK): Today, Nokia announced that Woodcraft Rangers, a non-profit organization based in Los Angeles that provides education and enrichment to over 16,500 youth from needy neighborhoods via after school programs, chose the Lumia 900 to support field operations and to better operational efficiencies as well as to provide a user experiences for the various age groups of site coordinators.
Citrix Systems (NASDAQ:CTXS): Citrix Systems expects to increase its operations in the Raleigh area creating over 300 jobs within the next five years.
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