Best Buy Co. Inc. (BBY) recently announced its plan to open 22 new U.S. stores in its fiscal third quarter. The stores will be opened in Virginia, Texas, Florida, Pennsylvania, Mississippi, New York, Ohio, California, Wisconsin, Puerto Rico, Arkansas, New Jersey, Massachusetts and Louisiana.   Currently, Best Buy operates 1,044 U.S. stores in 50 states and Puerto Rico. The company added 21 stores in the first six months of the fiscal year 2010. It opened 9 stores in the first quarter and another 12 stores in the second quarter.   Best Buy’s pace of opening new stores in the current fiscal year is substantially low compared to prior year quarters. Amid the challenging global economy and tough retail environment, we believe that the company has taken prudent steps to move steadily, rather than aggressively.   In fiscal year 2009, Best Buy opened 26 stores in the first quarter, ...

DrStockPick.com Stock Report!

Wednesday August 26, 2009

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SPOT LLC, a wholly-owned subsidiary of Globalstar Inc. (Nasdaq:GSAT) and a leader in personal satellite messaging and emergency communications, today announced that its award-winning SPOT Satellite GPS Messenger(tm) will be available in Best Buy Co., Inc (NYSE:BBY) retail locations nationwide. Best Buy is a multinational retailer of technology and entertainment products and services with a commitment to growth and innovation. Starting today, consumers can purchase the SPOT Satellite GPS Messenger at Best Buy stores in the United States and online at www.bestbuy.com

Phoenix Technologies Ltd. (Nasdaq: PTEC), the leader in PC 3.0(TM) products, services and embedded technologies, today announced plans to participate

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Headquartered in New York, New York, Cephas Holdings Inc. engages in the development and marketing of mobile phone products in the United States. Their products include faceplates, phone accessories, short message service (SMS), and mobile data applications. The company also develops and markets filmed entertainment products related to mixed martial arts and combat sports.

In addition, Cephas develops iPhone applications including games, entertainment products, and information services. The company and their subsidiaries have a record of accomplishment of developing innovative digital products. They have worked with several leading technology enterprises. These include Palm, Motorola, Cingular (now AT&T), and Hewlett Packard. They have also developed products in association with Walt Disney and Visa.

In late March of this year, Cephas announced that they recently received acceptance into Apple Computer’s iPhone developer program. The Company is now able to sell applications subject to review and approval on the iTunes App Store directly to

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Best Buy Co., Inc. (NYSE: BBY), a multinational retailer of technology and entertainment products and services, and Napster Inc. (NASD: NAPS), one of the most recognized brands in digital music and a leading provider of online music for the consumer market, recently announced that the two companies have entered into a definitive merger agreement for Best Buy to commence a tender offer for all outstanding Napster shares at a price of $2.65 per share in cash.

With an aggregate purchase price of roughly $121 million (or $54 million net of approximately $67 million in cash and short-term investments of Napster as of June 30, 2008), the proposed acquisition includes Napster’s 700,000 digital entertainment subscribers, its Web-based customer service platform and mobile capabilities. The transaction is subject to customary closing conditions and is expected to be completed during the fourth calendar quarter.

Brian Dunn, the president and chief operating officer of Best

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Public Media Works, Inc. (OTCBB: PUBM.OB) is a publicly traded company that operates within the diversified entertainment sector. The company combines the golden age of film with the new age of the web by focusing their efforts on the ability to identify newly or already existing untapped resources of talent and content, and then bringing these elements together to create professional entertainment products.

Public Media Works looks for raw content in the form of film concepts, trailers, scripts, treatments, music, and book proposals, which they will either acquire or license for further development and distribution as finished products to be sold to specifically targeted, fan-based audiences. The advantage of targeting certain groups of consumers allows the company to streamline the process costs of development, production, marketing and distribution to revitalize the revenue potential for each project.

The company has formed a new operating subsidiary, Public Web Works, to

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