Best Buy Co Inc (BBY.N)
25 May 2016
* Sets regular quarterly cash dividend of $0.28 per share Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)
May 24 Best Buy Co Inc's earnings beat expectations on Tuesday and the company registered strong online sales growth, but a lower-than-expected outlook for current-quarter profit sent its shares down more than 7 percent in early trade.
May 24 Best Buy Co Inc's quarterly revenue fell 1.3 percent, the third straight quarter of decline, as strong demand for wearable devices, appliances and home theaters failed to offset weak sales of mobile phones and computers.
SAN FRANCISCO Los Angeles-based startup HelloTech and rival in-home tech support company Geekatoo on Monday said they had merged, in a sign of consolidation in the hotly competitive on-demand sector.
SAN FRANCISCO, May 23 Los Angeles-based startup HelloTech and rival in-home tech support company Geekatoo on Monday said they had merged, in a sign of consolidation in the hotly competitive on-demand sector.
Feb 25 Discouraging results from three key U.S. retailers on Thursday underscored shoppers' reluctance to buy discretionary goods such as electronics and apparel, an indicator that consumer spending would remain muted this year.
Feb 25 Best Buy Co Inc forecast current-quarter sales and profit below analysts' estimates as the biggest U.S. consumer electronics retailer by store count struggles with falling sales of mobile devices.
Feb 25 Best Buy Co Inc, the biggest U.S. consumer electronics retailer, reported a 4.1 percent decline in quarterly revenue, hurt by weak demand for mobile phones and computing products.
Jan 19 Department store operator J.C. Penney Co Inc said it would start selling home appliances from February, re-entering the business after a gap of more than 30 years.
Jan 14 Best Buy Co Inc said it expected its U.S. sales to fall by about 1.5 percent in the current quarter after weak demand for mobile phones during the holiday season, pushing its shares down 6 percent in premarket trading on Thursday.