Electronics titan Best Buy (NYSE:BBY) is currently getting knocked around as consumers remain in touch with the softer side of their spending enthusiasm.
* Retail sales data better than expected * Best Buy, Kroger earnings miss estimates * Large banks show rise in credit-card defaults * Dow up 0.2 pct, S&P up 0.1 pct, Nasdaq up 0.3 pct...
Global consumer electronics retailer Best Buy Co Inc's China unit recently announced that it has formed a strategic partnership with China Unicom (Hong Kong) Ltd<600050><0762><CHU>, sources reported. Under the terms of the partnership, Best Buy China Ltd will sell China Unicom's 3G terminals, data cards,...
* May housing starts jump, industrial production slides * Best Buy results point to a weaker consumer * Dow down 1.1 pct; S&P off 1.3 pct; Nasdaq down 1.1 pct (Updates to midafternoon, changes byline)...
* Best Buy jumps on results; retailers rally * Nasdaq turns positive on the year as techs drive * Final Q4 GDP, weekly jobless claims data roughly in line * Dow up 2 pct, S&P...
* Best Buy jumps on results; retailers rally * Final Q4 GDP, weekly jobless claims data roughly in line * Dow up 2 pct, S&P up 2.1 pct, Nasdaq up 3.1 pct (Updates to early...
U.S.-based electronic appliance retailer Best Buy Co Inc will soon finish its 100% acquisition of Five Star Appliance, the third biggest appliance chain in China, according to Qian Yan, the PR manager of Best Buy, sources reported.Best Buy may spend around US$185 million in cash in exchange for the remaining 25%...
NEW YORK, Feb 2 (Reuters) - Consumer Reports rated Eight O'Clock Coffee 100 percent Colombian as its best buy for ground brews, beating well-known brands including Folgers, Maxwell House and ...
Dec. 22, 2008 (China Knowledge) - Best Buy Co Inc, the largest electronic retailer in North America, announced that the company will stick to its expansion plans in China in 2009, Qian Yan, general manager...
BEST Buy has offered voluntary severance packages to virtually all its 4,000 corporate employees after the largest consumer electronics chain in the United States announced its third-quarter profit down 77 percent.