News: Best Buy Co Inc (BBY)

BBY on New York Consolidated

39.01USD
19 Dec 2014
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Thu, Dec 4 2014

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Best Buy to sell China business, focus on North America

SHANGHAI - U.S. retailer Best Buy Co Inc said on Thursday it will sell its struggling China business, Five Star, to domestic real estate firm Zhejiang Jiayuan Group in order to focus on its North American operations.

Best Buy to sell China business, focus on North America

SHANGHAI, Dec 4 - U.S. retailer Best Buy Co Inc said on Thursday it will sell its struggling China business, Five Star, to domestic real estate firm Zhejiang Jiayuan Group in order to focus on its North American operations.

US STOCKS-Wall St inches higher, helped by U.S. economic data

* Indexes: Dow up 0.1 pct, S&P up 0.2 pct, Nasdaq up 0.5 pct (Updates to midday, changes byline)

Best Buy profit beats estimates as costs fall

- Best Buy Co Inc , the largest U.S. consumer electronics chain, reported a better-than-expected profit as cost cutting paid off and revenue increased after seven quarters of decline, even as it expected its current quarter earnings to remain under pressure. | Video

US STOCKS-Wall St ticks up as U.S. data offset global growth worries

* Indexes: Dow flat, S&P up 0.1 pct, Nasdaq up 0.4 pct (Updates to morning trading)

UPDATE 2-Best Buy profit beats estimates as costs fall

Nov 20 - Best Buy Co Inc, the largest U.S. consumer electronics chain, reported a better-than-expected profit as cost cutting paid off and revenue increased after seven quarters of decline, even as it expected its current quarter earnings to remain under pressure.

US STOCKS-Wall St to slip at open on global growth worries

* Futures off: Dow 85 pts, S&P 10 pts, Nasdaq 19 pts (Updates prices, adds data, comment)

US STOCKS-Futures drop as weak China, Europe data spurs growth worries

NEW YORK, Nov 20 - U.S. stock index futures fell on Thursday as concerns over global growth reemerged after weak business data out of the euro zone and a loss of momentum in Chinese factories.

Best Buy profit doubles as U.S. sales rise

Nov 20 - Best Buy Co Inc, the largest U.S. consumer electronics retailer, said quarterly profit nearly doubled as operating costs fell.

RadioShack says may file for bankruptcy

- Troubled electronics retailer RadioShack Corp said it may need to file for bankruptcy protection if its cash situation worsens, after reporting its tenth straight quarterly loss.

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