Posted by Reuters: Business News on January 6, 2012
(Reuters) – Best Buy Co appeared to gain market share from rivals in the United States during the key holiday season and stood by its profit outlook for the financial year despite a 1.2 percent same-store sales decline in December.
Posted by Reuters: Business News on November 7, 2011
LONDON/NEW YORK (Reuters) – U.S. electronics retailer Best Buy Co Inc is buying its British partner out of a fast-growing U.S. mobile phone joint venture for $1.3 billion and scrapping plans for a chain of European megastores, it said on Monday.
Posted by Reuters: Business News on
LONDON (Reuters) – U.S. electricals retailer Best Buy Co Inc will pay $1.3 billion to buy its British partner out of a fast-growing U.S. mobile phone venture, while abandoning plans for a chain of European megastores, it said on Monday
Posted by Reuters: Business News on September 28, 2011
NEW YORK (Reuters) – Best Buy Co, the world’s largest consumer electronics chain, will cut its hiring of temporary workers in the United States this holiday season by almost half compared with 2010.
Posted by Reuters: Business News on September 13, 2011
(Reuters) – Best Buy Co reported weaker-than-expected quarterly results and cut its profit outlook for the year as shoppers held off on buying televisions and other nonessential items in the anemic U.S. economy.
Posted by Reuters: Business News on June 21, 2011
NEW YORK (Reuters) – Best Buy Co’s board raised its quarterly dividend by 7 percent to 16 cents a share and approved a plan to buy back $5 billion of common stock, sending its shares up about 4 percent.
Posted by Reuters: Business News on June 14, 2011
NEW YORK (Reuters) – Best Buy Co Inc’s sales promotions helped it win smartphone shoppers from its online and discount rivals and beat Wall Street estimates in its first quarter, sending shares up over 4 percent.
Posted by Reuters: Business News on
NEW YORK (Reuters) – Best Buy Co Inc beat quarterly profit and sales estimates as strong demand for mobile phones, calling plans and tablets offset weakness in its TV business, and its shares rose 6 percent.
Posted by Reuters: Business News on
NEW YORK (Reuters) – Best Buy Co Inc is poised to report its fourth straight quarter of same-store sales declines on weakness in its television business on Tuesday.
Posted by Reuters: Business News on March 24, 2011
NEW YORK (Reuters) – Best Buy Co Inc reported a higher-than-expected quarterly profit as strength in its mobile business offset weak demand for televisions and entertainment software in the…
