Gamestop recieves first access to new tablet

Gamestop has received exclusive rights to sell the new Asus Eee Pad. The Eee pad will be the first tablet ever to use the tegra 3 chip. The chip suppose to enhance gaming and take it to the next level. Gamestop already started the presale and announced the Dec 19. launch date. Also you will be able to trade in you old apple products to receive in-store credit towards the tablet.

BBY:$27.60
GME:$23.22
WHR:$49.45

Best Buy to recall iPhone battery cases.

Best Buy is recalling Rocketfish battery cases made for the Iphone. They are reports are saying that the cases are overheating and causing burns and property damage. In all 32,000 of the cases are being recalled all of them are in the United States except 1,000 which are in Canada. The cases were reported to be made in China.


http://www.reuters.com/article/2011/12/01/bestbuy-recall-idUSN1E7B00LU20111201?type=companyNews&feedType=RSS&feedName=companyNews&rpc=43

Black Friday

As the Black Friday shopping results reveal that electronics was the most purchased items over the Thanksgiving weekend. Almost over half of all purchases that weekend were electronics. A recent survey revealed that there was $52.4 billion on Black Friday weekend which is a 16 percent increase from last years $45 billion. The most type of electronics that were sold were gaming consoles.



http://www.forbes.com/sites/johngaudiosi/2011/11/28/video-game-consoles-among-top-sellers-black-friday-through-cyber-monday/?partner=yahootix

Tax Free Cyber Monday Shopping

According to a recent survey 106.9 million Americans plan to shop on cyber Monday. This one day of shopping is planed to bring in over $1 Billion. Most of these online purchases will be tax free, that said is it fair? With Amazon leading the group in pushing to avoid collecting sales tax on the state level by lobbying.

 BBY:$25.63
GME:$21.51
WHR:$46.05



http://www.forbes.com/sites/kellyphillipserb/2011/11/26/cyber-monday-sales-tax-free-for-many-but-for-how-long/?partner=yahootix

Best Buy Automated Kiosks

Best Buy has been reported to be expanding into the automated kiosk dvd rental and hardware machine business. Best Buy now has 45 disc rental spots In Canada. Also they  domestic kiosks that sell hardware and electronics, these are found on college compasses.



http://www.bizjournals.com/twincities/morning_roundup/2011/11/best-buy-edging-into-redbox-dvd-rental.html?ana=yfcpc

RadioShack Add Robert E. Abernathy To Board Of Directors

Robert E. Abernathy has been elected to the board of directors. The 57 year old is the consumer products group president for Kimberly-Clark Corp. Mr Abernathy has been the group president since early 2008.
Daniel R. Feehan ,chairman of the board of RadioShack Corp, said "Robert's significant and wide-ranging experience managing businesses in the global consumer products sector will provide a highly relevant perspective to our Board. We are very pleased he is joining us, and look forward to his contribution."

Radio Shack Dividend

Radio Shack share holders will get their annual dividend next month. Radio Shack share holder will be getting a $0.50 dividend next month on the 15th. The dividend plans to be $4.15% of stock prices.

http://www.forbes.com/sites/dividendchannel/2011/11/18/cash-dividend-on-the-way-from-radioshack/?partner=yahootix

BBY:$27.06
GME:$22.46
WHR:$50.68