Best Buy (BBY) Holiday Comps Fell 1.4%; Cuts FCF Outlook
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- Hasbro (HAS) Announces Resignation of Cynthia Williams, President of Wizards of the Coast and Hasbro Gaming
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- After-hours movers: Netflix, Intuitive Surgical, Nordstrom, KB Home
- Midday movers: Tesla, Blackstone, Las Vegas Sands fall; DR Horton rises
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- Midday movers: Travelers, JB Hunt fall; United Airlines rises
- After-hours movers: United Airlines, J.B. Hunt, and more
Best Buy (BBY) Peers Rise as Glimmer of Hope Shines Through (RSH) (HGG)
January 11, 2013 4:00 PM ESTShares of Best Buy (NYSE: BBY) swung higher on Friday after the company reported better-than-anticipated holiday sales. Far from being a panacea, results shows flat sales and negative comps, but considering low expectations, investors found reason to cheer.
Best Buy wasnt the... More
Best Buy (BBY) Lives to Fight Another Day
January 11, 2013 8:28 AM EST(Updated - January 11, 2013 11:37 AM EST)
Today struggling retailer Best Buy (NYSE: BBY) released a highly anticipated and critical reported on 2012 holiday sales. This year the stakes were sky high and so was the competition. For the first time, Best Buy offered in-store and online price matching with Amazon (Nasdaq: AMZN), Wal-Mart (NYSE: WMT) and Target (NYSE:... More