Best Buy (BBY) Postpones Q4 Report; Will Give Schulze Feb. 28th to Respond

February 26, 2013 2:33 PM EST
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Best Buy Co., Inc. (NYSE: BBY) is postponing Q4 earnings from February 28th to March 1st. The company is giving founder Richard Schulze the entire day of February 28th to reply to the company.

Shares of Best Buy are down 3 percent after announcing plans to cut 400 positions earlier.

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