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Best Buy Co announces two-year $3 bln share repurchase plan

7:01am EST

Best Buy Co Inc : Best Buy Co Inc - two-year $3 billion share repurchase plan . Best BUY CO INC - 21 pct increase in quarterly dividend to $0.34 per share . Best Buy Co Inc - board of directors approved a new $5 billion share repurchase authorization for company's common stock . Best Buy Co Inc - company is targeting a non-GAAP dividend payout ratio between 35 pct and 45 pct. .Best Buy Co - new $5 billion share repurchase authorization supersedes existing authorization dated June 2011 which had $2.2 billion in purchases remaining.

Best Buy reports Q4 non-GAAP earnings per share $1.95

7:00am EST

Best Buy Co Inc : Best Buy reports better-than-expected fourth quarter earnings . Q4 non-GAAP earnings per share $1.95 from continuing operations . Best Buy Co Inc - Qtrly enterprise revenue $13,482 million versus $13,623 million . Sees Q1 2018 non-GAAP earnings per share $0.35 to $0.40 . Q4 earnings per share view $1.67 -- Thomson Reuters I/B/E/S . Best Buy Co - Announced 21% increase in our dividend and a share repurchase plan that accelerates from $1 billion over two years to $3 billion over two years . Best Buy Co Inc - Qtrly enterprise comparable sales down 0.7% . Best Buy Co Inc - Sees Q1 enterprise revenue in range of $8.2 billion to $8.3 billion . Best Buy Co Inc - Sees Q1 international comparable sales change in range of flat to 3.0% . Best Buy Co Inc - Sees FY enterprise revenue growth of approximately 1.5% on a 53-week basis . Best Buy Co Inc - Sees FY enterprise non-GAAP operating income growth rate in low single digits on a 53-week basis . Q1 earnings per share view $0.49 -- Thomson Reuters I/B/E/S .Q4 earnings per share view $1.67, revenue view $13.62 billion -- Thomson Reuters I/B/E/S.

Egypt's Raya Holding unit to establish a joint stock co in Saudi Arabia

3:34am EST

Raya Holding For Financial Investment : Approves for unit to establish a joint stock company in Saudi Arabia Source: (http://bit.ly/2lV15cZ) Further company coverage: [RAYA.CA] (((Bengaluru Newsroom; +1 646 223 8780; ))) ((Bangalore.newsroom@thomsonreuters.com;)).

Shenzhen Aisidi to use 500 mln yuan to set up investment unit

2:35am EST

Shenzhen Aisidi Co Ltd <002416.SZ>:Says it will use 500 million yuan to set up a Guangzhou-based investment wholly owned subsidiary.

Metro Systems Corp reports FY net profit 188.1 mln baht

Tuesday, 28 Feb 2017 08:09pm EST

Metro Systems Corporation Pcl : Fy net profit 188.1 million baht versus 206.1 million baht .Fy total income 7.65 billion baht versus 6.98 billion baht.

Systemax reports fourth quarter 2016 financial results

Tuesday, 28 Feb 2017 04:30pm EST

Systemax Inc : Systemax Inc reports fourth quarter 2016 financial results . Q4 revenue $414.7 million . Quarterly net income per share from continuing operations $0.02 . Systemax Inc - Q4 consolidated sales decreased 10.9 percent to $414.7 million versus Q4 2015 .Q4 earnings per share view $0.01, revenue view $433.6 million -- Thomson Reuters I/B/E/S.

Hi-level Technology Holdings expects FY consol net profit to be no less than HK$30 million

Tuesday, 28 Feb 2017 03:36am EST

Hi-level Technology Holdings Ltd <8113.HK>: Expected that consolidated net profit of group for year ended 31 Dec 2016 will be no less than HK$30 million, up 140% .Expected result due to increase in group's revenue during year ended 31 December 2016.

Ferrum pcl posts FY net loss 164.2 million baht

Monday, 27 Feb 2017 07:02pm EST

Ferrum Pcl :FY net loss 164.2 million baht versus loss of 350.7 million baht.

Vita Group expects softening of profitability in H2

Monday, 27 Feb 2017 05:16pm EST

Vita Group Ltd :"There will likely be some softening of profitability on a per connection basis in second half of financial year".

Vita Group says HY revenue from continuing operations $344.1 mln

Monday, 27 Feb 2017 05:13pm EST

Vita Group Ltd : HY revenue from continuing operations rose 8 pct to $344.1 million . HY net profit attributable to members up 40 pct to $21.8 million .Interim dividend for 2017 has been declared at 9.20 cents per share.

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