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What Does Best Buy (BBY) CFO Pick Say about Rumored Buy-out?

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Best Buy (BBY) Appoints Sharon McCollam as CFO

November 12, 2012 9:16 AM EST

Best Buy Company, Inc. (NYSE: BBY) announced that Sharon McCollam, the retired Director, Executive Vice President, Chief Operating and Chief Financial Officer of Williams-Sonoma, Inc., will join the company as its new Chief Administrative and Chief Financial Officer, effective December 10, 2012. McCollam, 50, left Williams-Sonoma earlier this year after serving as an executive officer for more than 12 years.

As the Chief Administrative and Chief Financial Officer, McCollam will influence and shape all aspects of Best Buy`s... More

Founder Schulze May Delay, Adjust Bid for Best Buy (BBY)

November 9, 2012 9:30 AM EST

Best Buy (NYSE: BBY) shares are ticking higher Friday following reports out of the U.K. unit of Reuters that founder Richard Schulze may come in below his intended bid of about $8 billion and that that bid might not happen until the start... More