News: Best Buy Co Inc (BBY.N)

BBY.N on New York Stock Exchange

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Tue, Aug 26 2014

US STOCKS-S&P 500 scores first close above 2,000; data helps

* U.S. consumer confidence hits highest since October 2007

US STOCKS-Wall St rises but Dow, S&P 500 retreat from record highs

* U.S. consumer confidence hits highest since October 2007

Best Buy says sales to fall as more shoppers buy online

- Best Buy Co Inc, the largest U.S. consumer electronics retailer, said same-store sales were expected to fall and higher discounting would erode margins in the second half of the year. | Video

UPDATE 3-Best Buy says sales to fall as more shoppers buy online

Aug 26 - Best Buy Co Inc, the largest U.S. consumer electronics retailer, said same-store sales were expected to fall and higher discounting would erode margins in the second half of the year.

US STOCKS-Wall St rises, Dow and S&P 500 set intraday records

* U.S. consumer confidence hits highest since October 2007

US STOCKS-Wall St edges up, S&P rises back above 2,000

* U.S. consumer confidence hits highest since October 2007

US STOCKS-Futures point to flat Wall St open; S&P 500 near record

* Futures up: Dow 24 pts, S&P 2.5 pts, Nasdaq 7.25 pts (Updates prices, adds DSW results)

Best Buy quarterly revenue falls 4 pct

Aug 26 - Best Buy Co Inc, the largest U.S. specialty retailer of consumer electronics, reported a 4 percent drop in quarterly revenue due to lower traffic in its stores.

UPDATE 1-Corporate founders battle boards to overturn forced exits

(Adds comments from representatives of Charney and Wilson in paragraphs 10, 18 and 19)

FEATURE-Corporate founders battle boards to overturn forced exits

NEW YORK, Aug 15 - From American Apparel Inc to Lululemon Athletica Inc, Men's Wearhouse Inc and Best Buy Co Inc, a series of boardroom battles across North America underscore how difficult it can be for companies to part ways with their founders.

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