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Major Movers on December 13; BBY, HRG, PIR, LXK, SAM, SWKS, CVS

Shares of Best Buy Co. Inc. (NYSE: BBY), a multinational retailer of consumer electronics, computing and mobile phone products, entertainment products, appliances and related services, are seeing a huge rally in trading today.

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Pier 1 Posts Strong Quarterly Results, Lifts Outlook

Despite feeling pinch on sales due to hurricane Sandy, Home furnishing retailer, Pier 1 Imports Inc. (NYSE: PIR) reported on Thursday that fiscal third quarter earnings rose by 3 percent, thanks to a double digit revenue growth and fatter margins.

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Pier 1 Imports Q2 Earnings Rise (PIR)

Pier 1 Imports (NYSE: PIR) reported on Thursday that its fiscal second-quarter earnings climbed 58% as decorative home furnishings and gifts retailer’s sales soared even as it received income tax benefit.

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