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Earnings Watch For March 29 (BBY, RIMM, TIBX)

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Consumer electronics retailer Best Buy Co. Inc. (BBY: Quote) is scheduled to report fourth-quarter results. The company is expected to post earnings of $2.16 per share, higher than the year-ago quarter's $1.98 per share. Also, the company is anticipated to generate revenues of $17.21 billion, up from $16.26 billion in the prior-year quarter. The company's shares closed Wednesday's session at $26.62. (The stock up about 1% in Q4; MA(50)- $25.28; MA(100)- $25.45; 52-wk H/L $32.85/$21.79)

Research In Motion Ltd. (RIMM: Quote) is slated to report results for the fourth quarter. The smartphone maker is expected to earn $0.81 per share compared to $1.78 per share last year, on revenues of $4.54 billion. The stock closed Wednesday at $13.67. (The stock plunged around 29% in Q4; MA(50)- $14.94; MA(100)- $15.65; 52-wk H/L $57.32/$12.45)

TIBCO Software Inc. (TIBX: Quote) is expected to post first-quarter results. The company is expected to report earnings of $0.19 per share on revenues of $222.36 million. Last year, earnings and revenue were $0.16 per share and $185.34 million respectively. The company's shares closed Wednesday's regular trading at $31.01. (The stock rose around 7% in Q1; MA(50)- $28.44; MA(100)- $27.21; 52-wk H/L $32.20/$18.43)

Cache Inc. (CACH: Quote), Shaw Group Inc. (SHAW: Quote), Worthington Industries, Inc. (WOR: Quote) and Xyratex Ltd. (XRTX: Quote) are also due to report their results today.

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by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

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Editors Pick
A number of major retailers will be open on Thanksgiving for early Black Friday shopping events. Kohl's department stores will kick off Black Friday sales two hours earlier this year, at 6 p.m. Thanksgiving Day, while Macy's, Bon-Ton and Best Buy will open at the same time. J.C. Penney and Sears... Twitter Inc. has replaced its head of product Daniel Graf just six months after luring him over from Google, according to multiple reports. Graf, previously known for his work leading Google Maps, will retain his vice president of product title and work on Twitter's geolocation features, the Wall... LinkedIn Corp., the world's largest online professional network, said Thursday after the markets closed that its third quarter loss widened slightly from last year, as higher costs and expenses more than offset a 45% increase in revenue. However, the company's quarterly earnings per share, excluding items, came in above analysts' expectations as did its quarterly revenue.
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