Stocks and Finance

Best Buy

Best Buy 5/25/2012

13:01 : Is Best Buy ([[BBY]] +1.9%) getting full credit from investors for its ... - Is Best Buy (BBY +1.9%) getting full credit from investors for its increasing role as an iPhone seller? A note from Gene Munster tips off that the company gets paid $25 to $75 for new iPhone subscribers and contributes ...
Source : seekingalpha-com

Best Buy 5/22/2012

13:55 : News Summary: Best Buy 1Q results beat estimates - NEW YORK (AP) -- THE NEWS: Best Buy said Tuesday its first-quarter profit fell 26 percent on restructuring charges. Revenue rose 2 percent to $11.61 billion...
Source : usnews-com
11:13 : Best Buy Restructuring Bites Into 1Q Profit Which Beat Forecasts - Best Buy Co. Inc. (NYSE: BBY) reported a 26 percent drop in its fiscal first-quarter profit due largely to higher restructuring costs compared to last year, but the earnings topped Wall Street's expectations and sent the company's stock ...
Source : ibtimes-com
10:23 : Best Buy profit drops 25% on lower sales - Fiscal first-quarter results clipped by a loss at its international unit and weaker sales of such company staples as notebook computers and televisions
Source : marketwatch-com
09:41 : Urban Outfitters, Ralph Lauren up; Best Buy down - NEW YORK (MarketWatch) -- Shares of Urban Outfitters Inc. , parent of Anthropologie and Free People chains, rose 6% in early trading on Tuesday after it reported a better-than-expected first-quarter profit. Shares of designer Ralph ...
Source : marketwatch-com
07:33 : Stocks futures turn higher after Best Buy results - Stock index futures rose on Tuesday, erasing earlier losses, after shares of No. 1 consumer electronics chain Best Buy jumped following earnings and revenue that topped expectations.
Source : ibtimes-com
06:57 : Best Buy profit slips, revenue tops estimate - NEW YORK (MarketWatch) -- Best Buy Co. Inc. said on Tuesday that its fiscal first-quarter profit fell to $158 million, or 46 cents a share, compared to $212 million, or 53 cents a share a year ago. On an adjusted basis, the company reported ...
Source : marketwatch-com

Best Buy 5/21/2012

14:12 : Much-maligned Best Buy ([[BBY]] +0.5%) may have hit on a winning recipe ... - Much-maligned Best Buy (BBY +0.5%) may have hit on a winning recipe in China with a plan to expand using a store-within-a-store model that avoids the untenable overhead inherent in its U.S. operations. The company will also ...
Source : seekingalpha-com
09:15 : Best Buy ([[BBY]] -0.6%) hires global search firm Spencer Stuart to help ... - Best Buy (BBY -0.6%) hires global search firm Spencer Stuart to help the company find its next CEO. The search is expected to take six to nine months. Post your comment!
Source : seekingalpha-com

Best Buy 5/14/2012

13:04 : Best Buy founder and chairman to step down - Electronics retailer says Richard Schulze is stepping down as chairman of the board after acting “inappropriately” in reporting alleged misuse of company resources by former chief Brian Dunn.
Source : marketwatch-com
12:21 : Best Buy Chairman To Resign After Probe Into Former CEO - Best Buy Inc. (NYSE: BBY), the troubled electronics retailer, said Monday founder Richard Schulze was resigning as chairman and would be replaced by director Hatim Tyabji, after Schulze didn't tell the board that ...
Source : ibtimes-com
11:32 : Chairman of Best Buy, Richard Schulze, to Step Down - The company#x2019;s audit committee said Richard Schulze, also the chain#x2019;s founder, failed to report an inappropriate relationship between the former chief executive and an employee.
Source : nytimes-com
11:13 : Best Buy Chairman And Founder Fired For Aiding Fired CEO - Pulling back from March’s upwardly revised 1.5 percent gain, total import prices fell 0.5 percent in April. The decline was entirely the result of lower fuel prices. Excluding fuel, import prices edged up 0.1 percent. ...
Source : 247wallst-com
10:32 : Best Buy founder ousted as sex scandal widens - Best Buy names a new chairman after founder and chairman Richard Schulze is ousted — the latest to fall in the sex scandal that cost CEO Brian Dunn his job.
Source : msnbc-msn-com
10:13 : Best Buy founder leaving chairman role after probe - Best Buy Co Inc said founder Richard Schulze would step down as chairman after an independent board investigation found that he had failed to report allegations of personal misconduct by the former CEO.
09:30 : Best Buy chairman to step down in wake of probe - BOSTON (MarketWatch) --- Best Buy Inc. said Monday that its chairman, Richard Schulze, will step down from his post at the company's annual meeting on June 21. He will be succeeded by Best Buy director ...
Source : marketwatch-com
09:29 : Avon considers Coty bid; Best Buy on CEO probe - NEW YORK (MarketWatch) -- Avon Products Inc. shares rose 5.2% on Monday, the second biggest gainer in the S&P, after the direct seller of beauty products said on Sunday that its board will consider Coty Inc.'s raised bid made last ...
Source : marketwatch-com
09:23 : Best Buy Chairman steps down after CEO probe - Best Buy's founder Richard Schulze is stepping down as chairman after an investigation found that he knew that the CEO was having a relationship with a female employee and did…Click to Continue »
Source : newsobserver-com
09:10 : Best Buy founder leaving chairman role after CEO probe - (Reuters) - Best Buy Co Inc said founder Richard Schulze would step down as chairman after an independent board investigation found that he had failed to report allegations of personal misconduct by former Chief Executive ...
Source : reuters-com
09:03 : Best Buy Says Ex-CEO Didn't Misuse Funds - Best Buy's board found that former Chief Executive Brian Dunn's didn't misuse company resources as he conducted an inappropriate relationship with an employee that led him to step down.
Source : wsj-com

Best Buy 5/11/2012

10:45 : Best Buy distracted by probe of ex-CEO: analyst - NEW YORK (MarketWatch) -- No. 1 electronics retailer Best Buy Co. was cut to neutral from outperform at Credit Suisse on Friday on concern the company's probe into the personal conduct of former CEO Brian Dunn may become too much of a ...
Source : marketwatch-com

Best Buy 5/5/2012

04:05 : Best Buy loses fourth high-ranking executive Dave Deno to parent of Outback - A fourth top executive has left Best Buy Co. Inc. as a shakeup at the top of the electronics retail giant continues. Dave Deno, the president of Best Buy's Asia region, has left the Richfield-based company to join the firm that owns the ...
Source : bizjournals-com

Best Buy 5/3/2012

11:32 : Best Buy chief marketing officer leaves - (05-03) 09:00 PDT NEW YORK, (AP) -- Another executive at Best Buy has left the company. Best Buy says former chief marketing officer Barry Judge is no longer with the Minneapolis company. It says he left to "explore the... ...
Source : sfgate-com

Best Buy 5/2/2012

15:13 : Report: Best Buy CMO leaving company - Best Buy Co. Inc. Chief Marketing Officer Barry Judge is resigning from the retailer, becoming the latest high-level executive to leave the company. An employee in Judge's office confirmed that he was no longer with the company. The Pioneer ...
Source : bizjournals-com

Best Buy 4/27/2012

09:58 : Best Buy kills branded mobile-broadband service - Best Buy Co. Inc. will no longer offer its branded mobile-broadband service, called Best Buy Connect, effective June 1, reports AllThingsD. The Richfield-based retailer launched the private-label service in 2010. Best ...
Source : bizjournals-com
08:39 : Analyst finds some good news for Best Buy - Best Buy Co. Inc. has pretty thoroughly been knocked about by critics in recent months, but the news isn't all bad. The NPD Group, a consumer market-research firm, notes that the Richfield-based retailer is picking up market share in areas ...
Source : bizjournals-com

Best Buy 4/21/2012

10:17 : Best Buy Appoints Weak CEO Search Committee As Chairman Lurks - It may cost 2 cents to make a penny, but you can buy one for more than $1 million. One of the nation's first pennies, which is mostly copper but has a silver plug in the center, fetched $1.
Source : 247wallst-com

Best Buy 4/20/2012

12:30 : Best Buy Founder Left Off CEO Search Panel - Best Buy's board named a search committee to find a replacement for former Chief Executive Brian Dunn that doesn't include founder and chairman Richard Schulze.
Source : wsj-com
09:03 : Best Buy has CEO search committee; Hanesbrands up - NEW YORK (MarketWatch) -- Electronics retailer Best Buy Co. shares fell 1.2% on Friday. The company announced the members of its search committee to find former CEO Brian Dunn's replacement. The committee will oversee a global search process ...
Source : marketwatch-com

Best Buy 4/19/2012

14:37 : Analysis: Best Buy not a good buy to value investors - NEW YORK (Reuters) - In an ideal world, Best Buy would be a value investor's dream come true. But in the real world of transparency and retailing twists and turns, it just isn't.
Source : reuters-com
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